Fees and funding

Fees

Fees for entry in 2027 have not yet been set. For reference, the fees for the academic year beginning September 2026 were as follows:

  • MSc (full-time)
    UK students (per annum): £20,500
    International, including EU, students (per annum): £30,500

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.

Policy on additional costs

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).

Scholarships/sponsorships

We know that student finance can be complicated. The links below provide further information to help guide you.

Learn more about - student finance options for UK students.

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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.

Course unit details:
Innovation Management & Business Strategy

Course unit fact file
Unit code BMAN71942
Credit rating 15
Unit level FHEQ level 7 – master's degree or fourth year of an integrated master's degree
Teaching period(s) Semester 2
Available as a free choice unit? No

Overview

After successfully completing the course, students will be familiar with the main literature and key concepts that help us to understand the key principles of innovation management, mainly from firm level business strategy perspectives. Students will also be briefly introduced to different industry sector insights.

The course consists of the following subject content: introduction to innovation, technology, and business strategy; innovation strategy formulation and external knowledge sourcing; open innovation and corporate venturing; design innovation and business competitiveness; globalisation of innovation including focus on international transfer of knowledge and technology.   

Pre/co-requisites

BMAN71942 Programme Req: BMAN71942 is only available as an elective to students on MSc BASM

Aims

The aim of the course is to expose students to practical issues and some theoretical frameworks relating to the management of innovation in firms. The course draws on the knowledge-based view of the firm and key innovation theories to examine the interrelationships between business strategy and innovation. The elective considers how, by successfully harnessing innovation, business organisations can open-up new markets and develop new ways to serve existing customers.    

Learning outcomes

After successfully completing the course, participants should be able to:
Understand the essentials of theory and practice to analyse the innovation process and its implications for business strategy and industrial organisation.


Understand the interrelationship between business strategy, technology & innovation, the impact of innovation on business performance and the issues that arise for the managers of business organisations in managing innovation processes inside firms.

After successfully completing the course, participants should also be able to:


Apply and critically evaluate theoretical frameworks related to innovation management and business strategy to case studies.


Act as a reflective professional by being able to learn from practice by critically evaluating ideas used in a given business context.

Syllabus

Introduction: Innovation, technology & business strategy.  

What is innovation and why does it matter?

External knowledge sourcing for innovation.  

Designing & implementing an Innovation Strategy.

Open innovation business model & corporate venturing.  

Role of small firms in innovation.

Design innovation and business competitiveness.

Globalisation of innovation and reverse innovation.  

International transfer of knowledge & technology.

Review of the course: applying what you have learned and exam discussion. 

Transferable skills and personal qualities

Work in small teams – recognising and identifying views of others and working constructively with them. 

Assessment methods

Written open book examination (100%)

Feedback methods

Informal advice and discussion during a lecture, seminar, workshop or lab

Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum

Written and/or verbal comments on assessed or non-assessed coursework

Generic feedback posted on Blackboard regarding overall examination performance

Recommended reading

Tidd, J. and Bessant, J. (2024) ‘Managing Innovation: Integrating Technological, Market and Organisational Change’, 8th Edition, ISBN  978-1394252060. Wiley & Sons: Chichester.


Note: A list of recommended readings, mainly papers from key innovation journals (e.g. Research Policy, R&D Management and Technovation), will be provided for each session topic in the full course specification.

 


 

Study hours

Scheduled activity hours
Assessment written exam 2
Lectures 36
Independent study hours
Independent study 112

Teaching staff

Staff member Role
Khaleel Malik Unit coordinator

Additional notes

Informal contact methods

Office hours

Drop in surgeries (extra help for students on material they may be struggling with)

Return to course details

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