Name: Entrepreneurship & Innovation, MSc/PGDip/PGCert
Price: £9,450 per year GBP

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Attendance

Campus

Start

This course is taught through block learning. Find out more.

Duration

1 year

Start

January 2026

Delivery

In-person

Turn your business ideas into thriving ventures with expert guidance from our award-winning Centre for SME and Enterprise Development. This MSc blends advanced theory with hands-on experience, empowering ambitious entrepreneurs to launch, innovate, and scale their businesses.

Our MSc in Entrepreneurship and Innovation, co-created with industry leaders and entrepreneurs, equips you with the skills to build, manage, and grow ventures in dynamic markets. You’ll join a vibrant community that champions creativity, enterprise and leadership. As part of a university recognised by the Small Business Charter for its commitment to supporting entrepreneurial activity and small business growth, this programme sits within a nationally accredited environment that values innovation and business creation.

Accredited by the Institute of Enterprise and Entrepreneurs (IOEE), the UK’s leading professional body for enterprise, this programme combines rigorous academic learning with practical business development. Graduates earn both a Master’s degree and an IOEE Advanced Diploma in Enterprise and Entrepreneurship, credentials that showcase your ability to apply entrepreneurial thinking in real-world contexts.

Through the Propeller Hub, you can access mentoring, grants, funding opportunities, collaborative workspace and professional networks to transform ideas into viable ventures. You will also work alongside our Entrepreneurs in Residence, experienced founders and industry practitioners who provide one-to-one insight, strategic guidance and sector expertise to help you refine your ideas and shape your enterprise journey.

The course grants access to cutting-edge university facilities, equipment, research and expertise, including product design and prototyping, the podcast studio, business data, IT, sound, film, print and market insights.

You’ll engage in design sprints, live projects and innovation challenges that mirror real entrepreneurial activity. Our applied approach develops problem-solving, leadership and digital skills essential for launching or scaling a business.

You’ll also gain digital micro-credentials from Microsoft, Google and LinkedIn, enhancing your portfolio and demonstrating expertise in innovation, enterprise and digital collaboration.

Why study with us

Graduate with an MSc accredited by IOEE, recognised by employers, investors, and enterprise networks worldwide.
Access tailored mentoring, workspace, and enterprise support through our award-winning Centre for SME and Enterprise Development and Propeller Hub. Benefit from cutting-edge university facilities, equipment, research and expertise.
Apply theory through live projects, innovation sprints, and enterprise simulations that sharpen creativity, leadership, and strategic decision-making.

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What you'll do

Develop your own business or innovation concept, accessing mentors and Entrepreneurs in Residence to refine strategies and test ideas.
Study strategy, finance, leadership, and marketing while learning how to identify opportunities, secure investment, and scale ventures.
Build connections with like-minded founders, investors, and networks through the Centre for SME and Enterprise Development and Propeller Hub.

Modules

You'll develop the essential knowledge and skills for starting or growing a business. You’ll explore your strengths through self-assessment and define your focus, whether starting a new business, growing an existing venture, or driving innovation. You'll also learn how to build strong networks and relationships to support your entrepreneurial journey.

You will cover key topics like business fundamentals, market research, financial literacy, and marketing strategies. Through practical learning, including live business case studies and simulations, you'll apply these concepts in real-world scenarios. This module also focuses on resilience, communication skills, values, ethics, and understanding the difference between enterprise and entrepreneurship.

Module code: BM4064

You'll develop your creative and critical thinking skills to generate innovative business ideas. You'll use design thinking tools like the Business Model Canvas and Lean Canvas and create a Minimum Viable Product (MVP) to test and refine ideas. This module also covers feasibility assessment, project management, market research, and business models.

Additionally, you'll explore intellectual property, negotiation, and commercialisation strategies, along with financial planning and pricing strategies. With a focus on sustainability and emerging industries like fintech, blockchain, healthcare, and AI, you'll also learn how to manage diverse teams and foster a positive workplace culture.

Module code: BM4065

You'll be equipped with the skills and knowledge needed to grow, scale, and sustain your venture. You'll develop advanced problem-solving and critical thinking, enabling you to tackle complex business challenges and make strategic decisions.

You'll explore strategies for scaling businesses, managing growth and change, and avoiding common mistakes that can slow progress. The module also covers effective leadership, commercialisation, global perspectives on import/export, advanced financial understanding, financing growth, advanced marketing, communication, crisis management, long-term strategy, exit strategy, and sustainability

Module code: BM4066

Every effort has been made to ensure the accuracy of our published course information. However, our programmes are subject to ongoing review and development. Changing circumstances may cause alteration to, or the cancellation of, courses. Changes may be necessary to comply with the requirements of accrediting bodies or revisions to subject benchmarks statements. We may also make changes to keep courses updated and contemporary, or as a result of student feedback. We reserve the right to make variations if we consider such action to be necessary or in the best interests of students.

Future careers in entrepreneurship

This MSc prepares you to start, grow, or innovate within your own business or lead entrepreneurial projects in established organisations. You’ll graduate with the skills to identify opportunities, manage risk, and create value.

Entry requirements

Applicants should have a 2:2 degree or a Postgraduate Diploma (or equivalent) or above.
Candidates with professional qualifications and/or work experience will be considered ion a case-by-case basis and may be asked to attend a 45 minute interview to discuss their background and interest in the course.
For students where English is not their first language, a score of at least 6.5 on IELTS or equivalent.

Minimum qualifications:

Applicants would normally have a first degree at an Honours level at classification 2:2 or above in a related discipline
Candidates with professional qualifications and/or work experience will be considered on a case-by-case basis and may be asked to attend a 45-minute interview to discuss their background and interest in the course
For learners for whom English is not their first language, a score of at least 6.0 with no component score lower than 5.5 in IELTS or equivalent.

Fees and funding

2025/26

Full-time£9,450 per year

International

Full-time£17,900 per year

2026/27

UK tuition fees for 2026/27 have not yet been set. The fees shown are for guidance only.

Full-time£10,000 per year

International

Full-time£19,250 per year

Scholarships and bursaries

We offer many scholarships, bursaries and funds to support you during your studies. Select your country or region to see if you are eligible and how to apply.

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You’ll study through focused block teaching, allowing you to concentrate on one subject at a time while developing your business.

Learning is practical and digitally supported. You’ll work on your own venture, take part in client challenges, and complete entrepreneurial simulations that reflect business realities. Design thinking and enterprise methods underpin the course, helping you build creativity, adaptability, and resilience.

Assessment is designed to advance your business. You’ll create strategies, financial plans, and pitch decks, and complete innovation sprints and boardroom simulations that assess your entrepreneurial judgement, leadership, and communication skills.

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This course is delivered by the School of Business

For information on possible changes to course information, see our essential and important course information

You can find regulations and policies relating to student life at the University of Lancashire on our student contract page

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Entrepreneurship & Innovation

Why study with us

What you'll do

Modules

Year 1

Compulsory modules

Future careers in entrepreneurship

Entry requirements

Minimum qualifications:

Fees and funding

Scholarships and bursaries

Sports scholarships

Entrepreneurship & Innovation

Why study with us

What you'll do

Modules

Year 1

Future careers in entrepreneurship

Entry requirements

Minimum qualifications:

Fees and funding

Additional costs

Additional costs

Scholarships and bursaries

Sports scholarships

Learning and assessment