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Study information

Programme Specification for the 2023/4 academic year

MSc Entrepreneurship and Innovation Management

1. Programme Details

Programme nameMSc Entrepreneurship and Innovation Management Programme codePTS1SBESBE37
Study mode(s) Academic year2023/4
Campus(es)Streatham (Exeter)
NQF Level of the Final Award7 (Masters)

2. Description of the Programme

As the business world experiences an increase in the scope and pace of change, dealing effectively with uncertainty becomes a must for business survival. If you are looking to launch the next big digital platform, grow an existing family business, use innovation as a catalyst for transformation in a multinational organisation, or create a social enterprise to have maximum positive impact, then this course is for you.

 

The programme will have three significant core modules (Entrepreneur Business Startup, Entrepreneurship: Venture Launch and Agile Innovation) that deliver the fundamentals of venture startup and entrepreneurship. These will include guest lectures, tutorials and workshops which will draw on the Business School’s strengths. The output from these modules will be a series of iterations of a minimal viable product (MVP). This will culminate in one of the following dissertations: A) New venture project or B) Business growth project. These will allow for participants to specialise in areas such as creating a startup, a social enterprise, or growing a family business. Auxiliary modules will wrap around this core ensuring that the fundamentals of business are mastered. These will include accounting and finance, operations and project management, talent and organisational management, and business law.

3. Educational Aims of the Programme

The MSc covers the theory of both innovation and entrepreneurship and creates a safe space to test these ideas in the real world. Further, this understanding is broadened by the underpinning core management subjects (Funding, Accounting and Finance; Organisation and Talent Management; Operations and Project Management; Business Law and Mitigating Risk) which feed into the synoptic business report. It aims to:

  1. provide an education in entrepreneurship and innovation management in order to apply this and create business growth
  2. enable students to understand and recognise the entrepreneurial mindset
  3. provide insight in how to identify, create, deliver and manage new business value
  4. provide training in applicable techniques, tools, frameworks, and methods to increase the chances of success in new venture creation and business growth
  5. equip students with the knowledge to ensure the business growth they embark on is effective, sustainable, and protected
  6. enable students to have the confidence to start new ventures or embark on significant innovation
  7. equip students with the knowledge of growth phases of business and innovation so they can make responsive, informed management decisions

 

Learning and Teaching Methods

A blend of traditional and innovative teaching and learning approaches will be deployed. This will include lectures, tutorials, online content, and hackathons.

 

Learning Environment

Inclusive and iterative.

 

Distinctive Intentions

Build on Exeter’s culture of purposeful innovation and entrepreneurship and offer a unique blend of learning and doing. An important focus will be on the contemporary ideas of startup entrepreneurship.

4. Programme Structure

5. Programme Modules

Constituent modules may be updated, deleted or replaced as a consequence of the annual programme review of this programme. Details of the modules currently offered may be obtained from the College web site:

http://business-school.exeter.ac.uk/research/centres/entrepreneurship/study/msc/

This programme is a 12 month full-time programme delivered over three terms. It is based at the University of Exeter Streatham Campus.

The taught components of the programme are delivered in the first two terms, leaving the third term and most of the summer to research, write and submit your Business Plan.

The programme in its entirety, runs from September to September. During the programme you will study modules, including a New Venture Product/Business Growth Project, totalling 180 credits. Please note that all options are available timetable permitting and may change.

Please note that programme structures and modules may be subject to change.

Stage 1


Compulsory Modules

(Indicative) Sequence of content:

 

First Semester:

  • Entrepreneurship and Business Startup: Entrepreneurship and Innovation Foundations
  • Entrepreneurship and Business Startup: Entrepreneurship and Innovation Theory and Practice
  • Entrepreneurship and Business Startup: Business Model Generation
  • Entrepreneurship and Business Startup: Entrepreneurial Mind-set
  • Innovation 1: Innovation as a Core Business process
  • Operations and Project Management
  • Entrepreneurship and Business Startup: Opportunities and Creativity, Resources, and Networks

 

Second Semester

  • Funding, Accounting and Finance
  • Business Law and Mitigating Risk
  • Innovation 2: Managing the Agile Innovation Process
  • Entrepreneurship and Business Startup: Entrepreneurial Marketing

 

Third Semester

  • Entrepreneurship: Venture Launch
CodeModule Credits Non-condonable?
BEMM385 Entrepreneur Business Startup 60No
BEMM487 Entrepreneurship: Venture Launch 30No
BEMM222 Agile Innovation 30No
BEMM223 Operations and Project Management 15No
BEMM224 Funding, Accounting and Finance 15No
BEMM386 Business Law and Mitigating Risk 15No
BEMM473 Talent in Organisations 15No

6. Programme Outcomes Linked to Teaching, Learning and Assessment Methods

Intended Learning Outcomes
A: Specialised Subject Skills and Knowledge

Intended Learning Outcomes (ILOs)
On successfully completing this programme you will be able to:
Intended Learning Outcomes (ILOs) will be...
...accommodated and facilitated by the following learning and teaching activities (in/out of class):...and evidenced by the following assessment methods:

1. evaluate the innovation process and the role entrepreneurs play in creating it.
2. utilise entrepreneurial learning (theory and practice) within the entrepreneurial and innovation process framework.
3. critically evaluate fundamental theories and practices in the key components and processes that make up entrepreneurship and innovation.
4. critically evaluate fundamental theories and practices in the key components that support entrepreneurship and innovation.
5. create a new venture (virtual) in the form of a startup or within an existing organisation (a pragmatic synthesis of 2, 3 and 4).
6. articulate in detail the mix of various types of value, and analyse how they may be considered within the innovation process.

Teaching and learning methods include lectures, case study, group work, presentations, teaching episodes, pitching, entrepreneur led sessions, field trips, hackathons, tutorials, workshops, reflection, and individual project work.

Subject-specific skills (ILOs 1 – 6) will be assessed through a mix of mainly individual (with some group work) assignments, examinations, teaching episodes, reflective essays, slide decks, reports, videos, posters, consumer research projects, reports, pitching, a risk audit, and writing a business report.

 1.   evaluate the innovation process and the role entrepreneurs play in creating it.

  • Entrepreneurship Business Startup teaching block “Opportunities and creativity, resources and networks” - Slide deck of 40 slides.
  • Agile Innovation – innovation management processes report (3750 words
  • Entrepreneurship Business Startup teaching block” Entrepreneurial Mindset” – reflective essay  (2500 words)

 2.   utilise entrepreneurial learning (theory and practice) within the entrepreneurial and innovation process framework.

  • Entrepreneurship Business Startup teaching block “ Entrepreneurship and Innovation Theory and Practice” – Essay “How do entrepreneurs learn?” (1000 words)
  • Agile Innovation: Report on ‘Innovation Fitness’.
  • Entrepreneurship: Venture Launch: pitch and deliver a business case.

3.   critically evaluate fundamental theories and practices in the key components and processes that make up entrepreneurship and innovation.

  • Entrepreneurship Business Startup teaching block:  Entrepreneurship and Innovation Theory and Practice – Exam
  • Entrepreneurship and Business Startup  teaching block “Entrepreneurial Mind-set – Teaching Episode”.
  • Entrepreneurship: Venture Launch: Demo and business case.

 4.   critically evaluate fundamental theories and practices in the key components that support entrepreneurship and innovation.

  • Operations and Project Management – Group Assessment: Build and assess. operational conditions through simulation
  • Talent in Organisations- People strategy poster and a People strategy report.
  • Funding, Accounting and Finance - Venture capital case: Report on due diligence, valuation and term sheet negotiation simulation. 
  • Business Law and Mitigating Risk – Risk Audit

5.   create a new venture (virtual) in the form of a startup or within an existing organisation (a pragmatic synthesis of 2, 3 and 4).

  • Entrepreneurship: Venture Launch: Pitch, demo, and deliver a business case.

6. have a wider understanding of the mix of various types of value, and how they may be considered within the innovation process.

  • Entrepreneurship and Business Startup  teaching block “Entrepreneurial Marketing” – Consumer Research Project
  • Entrepreneurship Business Startup teaching block “Opportunities and creativity, resources and networks” - Slide deck of 40 slides.

Intended Learning Outcomes
B: Academic Discipline Core Skills and Knowledge

Intended Learning Outcomes (ILOs)
On successfully completing this programme you will be able to:
Intended Learning Outcomes (ILOs) will be...
...accommodated and facilitated by the following learning and teaching activities (in/out of class):...and evidenced by the following assessment methods:

7. Identify, evaluate and use appropriate theory found in learned academic work.
8. Conceptually locate entrepreneurship and innovation theory and practice.
9. Synthesise theory, practice and research findings and construct conceptual frameworks from multiple management perspectives.
10. Reflect and critically evaluate practical case experience from the entrepreneurship and innovation arena.

Teaching and learning methods include lectures, case study, group work, presentations, teaching episodes, pitching, entrepreneur led sessions, field trips, hackathons, tutorials, workshops, reflection, and individual project work.

Core academic skills (ILOs 7 – 10) will be assessed through a mix of mainly individual (with some group work) assignments, examinations, teaching episodes, reflective essays, slide decks, reports, videos, posters, consumer research projects, reports, pitching, a risk audit, and writing a business report.

1.   identify, evaluate and use appropriate theory found in learned academic work.

  • Entrepreneurship Business Startup teaching block:  Entrepreneurship and Innovation Theory and Practice – Essay and Exam
  • Entrepreneurship and Business Startup  teaching block “Entrepreneurial Marketing” – Consumer Research Project
  • Agile Innovation – innovation management processes report (3750 words)

2.   Conceptually locate entrepreneurship and innovation theory and practice.

  • Entrepreneurship Business Startup teaching block “Opportunities and creativity, resources and networks” - Slide deck of 40 slides.
  • Agile Innovation – innovation management processes report (3750 words
  • Entrepreneurship Business Startup teaching block:  Entrepreneurship and Innovation Theory and Practice – Essay and Exam

3.   Synthesise theory, practice and research findings and construct conceptual frameworks from multiple management perspectives.

  • Entrepreneurship: Venture Launch: Pitch, demo, and deliver a business case.
  • Entrepreneurship Business Startup teaching block” Entrepreneurial Mindset” – teaching episode
  • Entrepreneurship and Business Startup  teaching block “Entrepreneurial Marketing” – Consumer Research Project

4.  Reflect and critically evaluate practical case experience from the entrepreneurship and innovation arena

  • Entrepreneurship Business Startup teaching block” Entrepreneurial Mindset” – reflective essay  (2500 words)
  • Agile Innovation: Report on ‘Innovation Fitness’.
  • Operations and Project Management – Group Assessment: Build and assess. operational conditions through simulation

Intended Learning Outcomes
C: Personal/Transferable/Employment Skills and Knowledge

Intended Learning Outcomes (ILOs)
On successfully completing this programme you will be able to:
Intended Learning Outcomes (ILOs) will be...
...accommodated and facilitated by the following learning and teaching activities (in/out of class):...and evidenced by the following assessment methods:

11. Confident communicator: Able to adapt and adjust both written and verbal communication styles, to meet the needs of diverse audiences.
12. A critical thinker: An advanced business acumen able to critically analyse, conceptualise and evaluate the factors relating to new venture success.
13. Proactive collaborator: Able to actively build strong working relationships with others to have positive outcomes
14. Digitally fluent: Able to embrace a variety of digital technologies to critically source, process and communicate information.
15. Resilient Sefl-advocate: Able to develop self-awareness through a commitment to learning from experiences and taking responsibility for personal growth.
16. Critical Thinker: Able to proactively analyse and evaluate information from a variety of sources to draw independent and well-founded conclusions.
17. Globally Engaged: Able to recognise diverse individual and cultural perspectives, in order to communicate on interconnected world issues and sustainable decisions

Teaching and learning methods include lectures, case study, group work, presentations, teaching episodes, pitching, entrepreneur led sessions, field trips, hackathons, tutorials, workshops, reflection, and individual project work.

 

Core academic skills (ILOs 11 – 17) will be assessed through a mix of mainly individual (with some group work) assignments, examinations, teaching episodes, reflective essays, slide decks reports, videos, posters, consumer research projects, reports, pitching, a risk audit, and writing a business report.

 

11. Confident communicator:

  • Entrepreneurship: Venture Launch: pitch, demo, and business case.
  • Agile Innovation – 10-minute group video
  • Entrepreneurship and Business Startup teaching block “Entrepreneurial Mind-set – Teaching Episode”.

12. Innovative Problem-Solver:

  • Entrepreneurship and Business Startup teaching block “Opportunities and creativity, resources and networks” - Slide deck of 40 slides.
  • Entrepreneurship and Business Startup teaching block “Entrepreneurship and Innovation Theory and Practice” – Essay and exam.
  • Entrepreneurship and Business Startup Teaching block “Entrepreneurial Mind-set” – Reflective essay.
  • Entrepreneurship: Venture Launch: Reflective journal and deliver a business case.
  • Business Law and Mitigating Risk: Risk Audit
  • Entrepreneurship and Business Startup teaching block “Entrepreneurial Marketing” – Consumer Research Project

 

13. Proactive collaborator:

  • Entrepreneurship and Business Startup teaching block “Entrepreneurial Mind-set” – Group Teaching Episode.
  • Operations and Project Management – Group Assessment: Build and assess. operational conditions through simulation
  • Agile Innovation: Group 10-minute video and a contribution of 2,000 word per group member to the innovation fitness report.
  • Entrepreneurship: Venture Launch: Demo and deliver a business case report

14. Digitally fluent:

  • Entrepreneurship: Venture Launch: Demo.
  • Entrepreneurship and Business Startup teaching block “Entrepreneurial Marketing” – Consumer Research Project
  • Business Law and Mitigating Risk – Risk Audit
  • Funding, Accounting and Finance - Venture capital case: Report on due diligence, valuation and term sheet negotiation simulation.
  • Agile Innovation: Group 10-minute video

 

 

15. Resilient Sefl-advocate:

  • Talent in Organisations– People strategy poster and a People strategy report.
  • Entrepreneurship: Venture Launch: reflective journal, pitch, demo, and deliver a business case report.
  • Operations: Project Plan
  • Entrepreneurship and Business Startup teaching block “Entrepreneurial Marketing” – Consumer Research Project

16. Critical Thinker:

  • Entrepreneurship and Business Startup teaching block “Entrepreneurship and Innovation Theory and Practice” – Essay and exam.
  • Entrepreneurship and Business Startup Teaching block “Entrepreneurial Mind-set” – Reflective essay.

 

17.       Globally Engaged

  • Agile Innovation: innovation fitness report.
  • Operations and Project Management – Build and assess operational conditions through simulation, and Project Plan.
  • Entrepreneurship and Business Startup teaching block “Entrepreneurship and Innovation Theory and Practice” – essay and exam.
  • Funding, Accounting and Finance - Venture capital case: Report on due diligence, valuation and term sheet negotiation simulation.
  • Entrepreneurial Practice – Proposal, pitch, and deliver a business plan.

7. Programme Regulations

Classification

8. College Support for Students and Students' Learning

9. University Support for Students and Students' Learning

10. Admissions Criteria

11. Regulation of Assessment and Academic Standards

12. Indicators of Quality and Standards

The programme is not subject to accreditation and/ or review by professional and statutory regulatory bodies (PSRBs).

13. Methods for Evaluating and Improving Quality and Standards

14. Awarding Institution

University of Exeter

15. Lead College / Teaching Institution

Faculty of Environment, Science and Economy (ESE)

16. Partner College / Institution

Partner College(s)

Not applicable to this programme

Partner Institution

Not applicable to this programme.

17. Programme Accredited / Validated by

0

18. Final Award

MSc Entrepreneurship and Innovation Management

19. UCAS Code

Not applicable to this programme.

20. NQF Level of Final Award

7 (Masters)

21. Credit

CATS credits

180

ECTS credits

90

22. QAA Subject Benchmarking Group

23. Dates

Origin Date

27/11/2018

Date of last revision

16/06/2021