Disrupt, innovate and ideate
MSc Innovation, Entrepreneurship & Management at Imperial is designed to empower the next generation of venture founders, venture builders, innovators, and investors to create and grow new business opportunities while considering the implications of social and environmental factors.
Throughout the programme, you will develop your skill in the areas of innovation, entrepreneurship, and management. You will learn how to manage, create, and deliver value from innovation. Drawing on the expertise of our esteemed management faculty as well as experts in innovation, entrepreneurship, technology, and sustainability, the programme offers a uniquely Imperial view.
Get ready to join the next generation of entrepreneurial leaders within a forward-thinking business school.
Developing the next generation of entrepreneurial leaders
The curriculum combines core modules which are organised into foundation and specialist modules, as well as including your Personal Innovation Development journey. The programme will give you the opportunity to delve into specialist topics such as Design Thinking for Innovation & Impact and Technology & Innovation Management.
MSc Innovation, Entrepreneurship & Management is a one year, full-time intensive programme. The normal working week is Monday to Friday and classes will be scheduled between 08.30 and 21.00. You are expected to attend 12-18 hours of lectures every week, including one evening class per week . For each hour in a lecture room, you should also complete approximately 2-3 hours of individual study or group coursework. Other optional activities such as guest lectures or alumni and careers events may be scheduled in the evening.
Please note, programme content is subject to change. Candidates that fail to successfully complete this degree are not entitled to a Postgraduate Certificate or Postgraduate Diploma.
Accounting and Corporate Reporting Analysis
This module provides a grounding in financial analysis, both accounting and risk assessment, suitable for those wishing to specialise in innovation and entrepreneurship.
Economics is a theory of decision, how to choose from a range of possible alternatives. This module focuses on decision-making within the firm and its market environment. It covers the main economic models and their utilisation.
Marketing for Entrepreneurship
This module provides an introduction to key concepts and evidence of effective marketing, so that businesses serve customers better. It analyses adoption and diffusion processes and explores the consumption of new products and services.
Organisational Behaviour & Human Resource Management
Drawing on theory and research evidence, this module assesses roles and the behaviour of the people who work in a business. By the end of the module you will have an understanding of the complexity of organisations and be aware of key issues in contemporary HR management.
Strategy is about creating, maintaining and reinforcing organisational purpose, direction and accomplishment. This module examines theories and evidence about strategic management. You will apply the knowledge learnt to live case studies of your choosing, demonstrating familiarity with, and competence in, the use of strategy tools and techniques.
Business Impact Leadership
Module description TBC
Business Model Design for the Digital Economy
Module description TBC
This module provides a stimulating and integrated view on the practice of entrepreneurship and new venture creation. The central aim of the module is to de-mystify entrepreneurship and demonstrate that many of the skills and competencies required to launch and grow a successful business can be learned and practiced. You will scout or develop a first venture idea at the start of the spring term with practical workshops and individual team coaching sessions to help guide you. In the summer term, you will research your business idea and either write a business plan, or a report explaining the insights that have led to a negative business case, i.e. abandoning an entrepreneurial idea. You will present your plan or negative business case to peers and a panel of academic and investor judges in a competition held at the end of the summer term.
Design Thinking for Innovation & Impact
This module introduces you to the concept of design thinking, and the tools and techniques that may be adopted to take an initial idea and transform it into something that can be developed into a marketable product or service.
Technology and Innovation Management
This module equips you with an understanding of the main issues in innovation strategy and an awareness of the key features of success. You will also gain an appreciation of the relevant skills needed to manage innovation at both strategic and operational levels, and learn from evidence of the success of different approaches.
Venture Captial and Growth Finance
This module covers the ways that growth-oriented ventures secure the financial resources they need and how they develop capabilities to outperform their competitions and internationalise. The module will help you understand the success factors of high growth ventures before and after their initial public offering (IPO).
Personal Innovation Development
This module focuses on the development of innovation skills at the individual level. Students will first complete a diagnostic of their innovation capabilities and develop a personal development plan to improve upon these. Throughout the programme long module, students will practice different behaviours associated with innovation and reflect upon these.
In this module you will explore consumer psychology and how consumer behaviour can be shaped. The module examines consumer psychology theories and current findings to learn how to apply these to develop marketing techniques that cut through the noise, shape or alter consumer behaviour, and help build and sustain consumer loyalty.
Recent development in internet, digital media and social networks have greatly reshaped consumers' behaviours in information consumption, entertainment and communication. Consequently, marketing activities and strategies need to evolve with and adapt to the growing presence of online consumer behaviours. This module teaches you the current approaches to conducting marketing activities online, as well as at least basic understanding of the underlying technology.
This one week block module is designed to help current and emerging leaders and owners of family business understand the special challenges of family enterprises and manage the strategic and personal challenges that are ever present in this form of business entity. Through a series of lectures, case studies, activities, interactive presentations and discussions with a number of visiting family business owners sharing their experiences, you will have a rich experience in understanding the “how to” and the “how not to” of Family Enterprise.
Leading Social Innovation
This module explores the brave new world of social innovation and how businesses can tackle social problems through social innovation. While achieving business success and creating social welfare have often been seen as oppositional, a new generation is challenging this by trying to use business as a force for good. These social innovators tackle social problems in two main ways: by becoming social entrepreneurs who lead social enterprises (businesses that seek to fulfil a social mission), or by becoming social intrapreneurs who seek to achieve social change within the for-profit firms that employ them. Through this module you will be equipped with the tools to become a social innovator.
Management, Strategy, and Innovation in Fintech
This one week block elective navigates the fintech competitive landscape and outlines corresponding management strategies for firms to deal with the fintech innovation. You will learn how new entrants to the financial sector devise entrepreneurial strategies to enhance the efficiency and effectiveness of traditional financial services by leveraging cutting edge technologies such as blockchain, Big Data and artificial intelligence (AI), as well as discussing how industry incumbents respond to the competition by integrating innovation at various levels such as technology licensing, joint venture, or merger and acquisition.
Success in both entrepreneurship and innovation depends on the successful execution at project level. This module will focus on the processes of project selection, assessing and managing project teams, stage gate processes and project evaluation.
Wicked Problems, Systems Dynamics, and Entrepreneurial Innovation
This module will introduce a new set of frameworks to apply to 'current wicked problems' in areas such as sustainability, space exploration, AI, healthcare, and more.
To further develop and test these new systemic innovation heuristics, you will work closely on projects with Wicked Acceleration Labs’ industrial and academic partners such as:
MIT’s Center for Collective Intelligence
NATO's Defense Innovation Accelerator for the North Atlantic (DIANA)
Stanford's Gordian Knot Center
World Economic Forum
This module will be delivered in-person via a highly experiential modality, including teamwork ‘outside of the building’ in between sessions. There may also be ad-hoc workshops and lectures with experts and sponsors in the specific challenge domains.
The optional one-week Global Immersion will give you the opportunity to experience first-hand the social and cultural dynamics of business in another country. The trip will consist of a number of visits to different companies across a range of industry sectors, as well as social and cultural activities. Offering excellent networking opportunities, you will travel with students from other programmes across the Business School.
Please note that students will be required to pay additional costs.
You will choose between undertaking a Work Placement, a Business Startup or a Consulting Project depending on your interests and career goals. If you are planning to pursue further study, you will have the option of choosing an Individual Research Report but you need to secure a supervisor to be considered.
The Work Placement is an opportunity to experience and operate in a real-world situation. You are required to secure your own work placement, which will be checked for suitability by the Programme Director.
The Work Placement is assessed via two parts: (i) an individual portfolio containing evidence and self-evaluation of the achievement of the learning outcomes of the module; and (ii) an analysis of the industry that the business operates in. This is an individual project that can be completed within or outside of the UK, subject to approval.
The Business Startup module is your chance to apply your knowledge and skills to a specific aspect of a startup’s business development. This can be completed on an individual basis or as part of a team.
Before the start of this module, you will submit a proposal which will be checked for suitability by the Programme Director. If accepted, you will be allocated a coach - who brings with them a wealth of experience as an entrepreneur or investor - to monitor your progress on the module. The Business Startup is assessed via an individual portfolio containing evidence and self-evaluation of the achievement of the learning outcomes of the module.
This is a substantial team-based project undertaken for a real client. It gives you the opportunity to apply the programme material to the solution of a real business problem, and to gain valuable consulting experience.
Individual Research Report
The Individual Research Report is the primary choice for students who have a firm offer to study on a doctoral programme or are in the process of applying to a doctoral programme, in lieu of the Startup Project, Work Placement or Consulting Project. Under exceptional circumstances, students not planning doctoral study can complete the Individual Research Report. You must secure a supervisor to be considered.
What our students say
“It was crucial for me to select a programme that had the right mix of innovation, business, technology, and leadership, and the IEM programme checked all the boxes. Now, nearing the end of the programme, I can confidently say that it is the perfect fit for me.”
Masters' Open Day
24 February 2024
10.00 - 15.30
Discover what it's like to study at Imperial College Business School – join our Masters' Open Day!
Choosing a Master's programme is an important decision and visiting the South Kensington campus at an open day will provide you with insights into our three suites of Masters' programmes.
Funding and scholarships
Request a brochure
At Imperial College Business School, your career is our priority. We have a dedicated Careers team that is committed to helping you achieve your personal and professional goals. With close links to industry and a busy calendar of events, workshops, and personal development programmes, you will be prepared to enter a highly competitive recruitment market.
Employment outcomes below refer to the class of 2022.
employed within six months
started their own business
employed in finance
What our students say
“Imperial’s Career services have helped me in various workshops as well as one-on-one coaching sessions to explore my career aspirations and develop the skills I need to apply for jobs. All career consultants I have met were immensely helpful and had great expertise in their fields. I would advise everyone not to do this and to really make the most of the amazing opportunities Careers provide.”
Meet your faculty
Our world-class faculty are specialists in their field. They have international research reputations, consult for some of the top businesses in the world and are often asked to give academic insight on a wide variety of topics.
Cristobal Garcia Herrera
Anne ter Wal
Start your journey at Imperial
Frequently asked questions
All applications to our postgraduate programmes are made online – we do not accept paper applications. Please refer to the ‘How to apply’ section of each programme page to see what documents you are required to submit with your application and to view the selection process.
All of our programmes are academically rigorous and include a quantitative component so all candidates are expected to be familiar with a basic level of mathematics before the start of the programme. The quantitative experience statement provides an opportunity to demonstrate this to the selection committee.
In the quantitative experience statement, you need to list up to five of the most quantitative modules or elements of your studies to date. You should list the main topics of study (eg: algebra, probability etc) as well as the level of study (eg: high school, undergraduate degree, short course etc) as this will allow the selection committee to have an understanding of your quantitative experience to date.
Quantitative experience is a key selection criterion for our more quantitative programmes (MSc Finance, MSc Finance & Accounting, MSc Financial Technology, MSc Investment & Wealth Management, MSc Risk Management & Financial Engineering, MSc Business Analytics, MSc Climate Change, Management & Finance and MSc Economics & Strategy for Business) so please be sure to check the entry requirements for your programme of interest to ensure your background is sufficiently quantitative. For other programmes, candidates are advised to review both the programme content and the pre-study modules to see what the numerical content of the programme includes before they submit an application.
You can apply to be considered for one programme each year. We will take your areas of interest and eligibility into account when considering you for alternative programmes.
While it is not compulsory to submit the results of an approved English language test with your application, it is strongly encouraged and will add weight to your application if you are able to show that you have met the language requirement prior to applying. You can find detailed information regarding the Business School’s language requirements and the tests that we accept here.
As part of your application, you will be asked to provide the contact details of two referees. Your referees will be contacted by email once you have completed and submitted your application, and the email will contain instructions on how they can submit your reference via our application system.
Please ensure that each reference letter that is submitted has been sent from an academic or professional email address. We cannot accept references sent from personal email addresses, such as Gmail, Hotmail, 126, 163, Sina, QQ, and Yahoo.
Our electronic application service is provided by an external provider, so there may be a delay before the receipt of your references is confirmed on your student application account.
If you receive confirmation that your references have been received but this still isn’t confirmed on your account a week after receiving the confirmation, please contact the Central Admissions team at firstname.lastname@example.org.
Yes. As part of the selection process, shortlisted candidates for our MSc programmes will be invited to complete an interview. Interviews are conducted through Kira Talent, our video interview platform, which you can access online to record and submit your answers.
The interview process typically takes about 20 minutes and does not require extensive preparation. It aims to supplement your written application by providing a further opportunity for you to articulate your suitability for your MSc programme of choice through questions about your previous experience and future aspirations.
If you are invited to submit a video interview, you will be sent details of how to access and use the Kira Talent online interview platform.
Once you have created an account, you will be asked a series of questions, to which you can record your answers as short videos and submit them online.
Please make sure that the invitation doesn’t go to your junk mail by adding kiratalent.com to your list of safe senders. You must complete your online interview by the deadline stated in the email. If the email has gone into a junk, spam, or clutter folder in your inbox, we will not be able to rearrange a new interview for you, and your application will be considered for withdrawal.
For all MSc programmes, you can normally expect to receive a decision within 6-8 weeks of having submitted a complete application. Please keep in mind that during busy times and/or where documents are missing from an application, this time may increase.
When an offer is submitted by the Business School, the Central Admissions need to make a number of final checks before it can be formally approved. These may include an additional review of an applicant’s academic background or ensuring the references we have received are valid. Until you have received confirmation of the official offer via the College’s applicant portal, please do not arrange accommodation, book flights or decline any other offers you may be holding. The majority of offers are successfully approved by Central Admissions and you will be able to see full details of your offer conditions once your official offer has been confirmed.
Unfortunately, we are unable to confirm when you will receive a decision on your application but we will be in touch via email as soon as there is an update. Please be aware that you do not need to provide any additional information unless you think that this will add significant weight to your application (e.g. updated transcripts, relevant internships, English language results).
Please email your programme admissions team if you would like feedback on your application. Please note that whilst limited feedback can be provided, the decision of the academic selectors is final and it will not be possible for your application to be reconsidered.
We are unable to assess eligibility before an applicant applies as the academic selection committee needs to review a full application before any decision can be made. Please check the specific entry requirements of the programme you are interested in studying along with our international entry requirements. If you feel you meet our entry requirements you can apply online.
In addition to the guidance available on our website, we also hold regular information sessions both online and on-campus throughout the year where we would be happy to discuss your suitability in more detail.
We accept a wide range of international qualifications for postgraduate study at Imperial.
We've provided general guidance in the country and region index on how qualifications awarded by public institutions overseas may satisfy our minimum academic admission requirements.
We review our requirements annually. Updates usually happen in September each year before the next academic year of entry.
If your country or region is not listed, please contact the relevant Admissions team for further information.
The majority of the MSc programmes require a minimum of an Upper Second Class Honours degree (or international equivalent) to be admitted. While work experience can add weight to an application, this would not be considered in place of meeting the academic requirement, regardless of how lengthy the experience has been.
The exceptions to this are MSc Global Health Management, MSc Business Analytics (online delivery, part-time), and MSc Strategic Marketing (online, part-time). Please refer to the programme’s entry requirements for more detailed information.
We may consider candidates applying to MSc Business Analytics (online delivery, part-time) with non-traditional qualifications and backgrounds, on the basis of highly relevant work experience or demonstrated interest.
The Business School does not offer pre-sessional English courses or accept attendance of a pre-sessional English course as a means of meeting the English language requirement.
Yes, you can. You can pay your tuition fees in either one or two instalments payable at the start of term, or at the start of term and February, respectively. If you pay in instalments there will be a 2% surcharge of the total amount added to your first instalment. You would be asked to select a payment schedule during the offer acceptance process. Please contact the Student Finance Team if you have further questions about this process.
The Business School offers a variety of different scholarships, each with unique eligibility criteria.
All candidates who submit an MSc application before the scholarship deadlines (listed on our website) and receive an offer for one of our programmes will automatically be considered for scholarship(s) relevant to their programme, providing they do not have additional criteria such as a video submission. You can be considered for multiple scholarships at the same time.
Additionally, there are a number of cross-programme awards and programme specific awards also available. Please check on the scholarships page on your programme of choice for eligibility and entry requirements.
Yes, we offer a 10% bursary on programme fees to successful candidates with an undergraduate degree from Imperial awarded at a minimum of upper second class, or Master’s degree awarded with a minimum of Merit. In order to be considered for this bursary, you must submit your application by the scholarship deadline.
If you are being sponsored by an organisation that will be responsible for paying your tuition fees, you must provide acceptable proof of the award.
Satisfactory evidence of sponsorship is usually regarded as an original, dated and duly authorised letter from your sponsor on headed paper which includes the following:
Your name and College Identifier Number
The programme for which you have been offered a place
The amount of fees which will be paid by your sponsor (please report in GBP)
The address to which the invoice should be sent
Any Purchase Order Number required
Confirmation that the fees will be sent directly to Imperial College
Sponsorship letters should be emailed to the Central Admissions team at email@example.com
Your CAS number holds information about the programme you will study and if you have paid any fees. You will not need a formal letter from the College confirming your offer status for your visa appointment.
For more information about what you will need, see the UKVI website.
We will start to issue CAS numbers from April. The details of your CAS will appear on your My Imperial record after you have met all the conditions of your offer. Please note that you will need to upload a scanned copy of the photo page of your passport and current visa (if you have recently completed a degree in the UK), before your CAS can be issued. Please upload these documents to the ‘Passport/visa’ section of your My Imperial account.
Once your CAS is ready, you will receive an email confirming that it has been uploaded onto your My Imperial account. If you log into My Imperial you will be able to find your CAS number and the details that have been included in your CAS.
Please note that we cannot provide you with a CAS if you have outstanding conditions on your offer. Please ensure that you allow enough time to meet your conditions and apply for a visa before the start date of your programme of study.
The Business School holds online information sessions throughout the year to give you the opportunity to learn more about the programmes from the Programme Director, current students and alumni. Please refer to the meet us page to find out when the next event is being held for your interested programme(s).
The Business School is located on the South Kensington campus of Imperial College London. Please refer to the location page for our address and guidance on how to get here.
Please note that before you contact us you should also check information on the relevant pages on the Business School or College website. If your question isn’t answered, please contact the appropriate team below.
General application queries
Deposit and tuition fee invoice queries (including refunds)
To check if your payment has been received
Tuition Fees Team
+44 (0) 20 7594 8011
To check if your documents have been received
Queries regarding your CAS number
+44 (0) 20 7594 7258
Career-related queries from admitted students
+44 (0) 20 7594 9617
Visa and immigration queries
International Student Support
+44 (0) 20 7594 8040
+44 (0) 20 7594 9444
General student information and advice
+44 (0) 20 7594 9444
Advice on budgeting and London living costs
Advice on external scholarships
Student Financial Support
+44 (0) 20 7594 9014
If you’ve submitted your application but haven’t received your CID number
Password or technical issues with your Imperial Gateway account
+44 (0)20 7594 9000
Almost all of the MSc programmes we have available are 12 month, full-time programmes. The only exceptions are our MSc Business Analytics (online delivery, part-time) and MSc Strategic Marketing (online, part-time) programmes, which are available on a part-time basis.
Yes, we offer an Economics, Finance and Data Science Bachelor's degree, as well as a range of courses at undergraduate level:
- BSc Economics, Finance and Data Science
- BPES Programme
- Joint Honours and Intercalated BSc Programme
- Summer School Programme
Imperial’s night at the museum
A neighbour to Imperial College London, the Natural History Museum provided a space that felt like a scene from a movie. Our students they reflect on their experience so far and share highlights of this unforgettable event.
London: the perfect backdrop for your business education
Richie Kim, a MSc Strategic Marketing student shares his experience studying in London, his favourite facilities at the Business School, and how this environment has propelled his personal and professional growth.
Meet the Specialised Masters' class of 2023-24
In September we welcomed five new Specialised Masters’ cohorts to Imperial College Business School, eager to start their journey towards expert-level knowledge and a successful career in the sector of their choice.
How to apply
Find out more about entry requirements, who we are looking for, and how to apply to the MSc Innovation, Entrepreneurship & Management programme.