MSc Innovation Management and Entrepreneurship

For entry in the academic year beginning September 2027, the tuition fees are as follows:

• MSc (full-time)
  UK students (per annum): £17,900
  International, including EU, students (per annum): £33,600

The fees quoted above are fully inclusive of tuition, administration and computational costs.

Fees for entry are subject to yearly review. The University reserves the right to increase your tuition fee by up to 7% each year for courses lasting more than one year, including to reflect rising costs associated with delivering our educational and wider student experience. Postgraduate fees information .

Always contact the admissions team if you are unsure which fee applies to your qualification award and method of attendance.

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

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Graduates of The University of Manchester and Manchester Metropolitan University can receive a 10% discount on their master's degree tuition fees as part of our Manchester Alumni Loyalty Discount scheme.

This course focuses on the creation and development of technology startups. It covers key entrepreneurial skills, frameworks, and methodologies to transform ideas into viable business ventures. Lectures provide foundational knowledge for recognizing opportunities, developing innovative products, validating business ideas, attracting necessary resources, developing a competitive advantage and growing a startup into a high-impact company. In seminars, students will collaborate in groups to develop business plans, test concepts with real-world feedback, and present their ideas in a pitch competition.

BMAN71721 Programme Req: BMAN71721 is only available as a core unit to students on MSc IME

MSc Innovation Management & Entrepreneurship

The unit aims to:

This course teaches students the relevant knowledge and skills for successfully creating and developing technology-based startups. Students will:

•    Identify and evaluate attractive market opportunities.
•    Develop compelling value propositions and business models.
•    Learn systematic approaches for testing and validating business ideas.
•    Gain practical experience in crafting a startup business plan and presenting it to potential stakeholders.
 

•    Introduction to technology entrepreneurship and startups
•    Developing products and value propositions that matter
•    Designing an effective business model
•    Lean startup: identifying business hypotheses
•    Lean startup: testing business hypotheses
•    Attracting funding for your startup
•    Developing a competitive advantage
•    Strategies for sustained growth
•    The great elevator pitch session
 

Methods of Delivery:

Lectures: Provide foundational knowledge and theoretical frameworks.

Seminars: Focus on applying concepts through group discussions, business planning activities, and peer feedback.

Case Studies: Illustrate real-world entrepreneurial challenges and solutions.

Presentations: Enable students to develop and showcase pitching skills.

E-Learning:

Weekly reading materials, case studies, and lecture recordings will be available on Canvas.

Digitally enhanced frameworks, such as the Business Model Canvas, will support interactive learning.

Delivery Mode:

Primarily in-class experiences, supplemented by asynchronous resources (e.g., readings, pre-recorded lectures).

• Gain knowledge of the characteristics and success factors of technology startups. 
• Understand frameworks and tools for designing value propositions and business models. 
• Learn methods for systematically testing and validating business hypotheses. 

• Critically evaluate startup strategies and approaches for entrepreneurial success.

• Apply the Lean Startup methodology to develop and test a business idea.
• Develop a detailed business plan for a technology startup. 

• Collaborate effectively in diverse teams to solve entrepreneurial challenges.

Group Project: 60%
Individual report: 40%

Written feedback within 15 working days

Ries, E. (2011). The lean startup: How today's entrepreneurs use coreflentinuous innovation to create radically successful businesses. New York, NY: Crown Business.

Osterwalder, A., Pigneur, Y., Bernarda, G., Smith, A., & Papadakos, T. 2014. Value proposition design: How to create products and services customers want. Hoboken NJ: Wiley.