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Qualification type
MSc

Entrepreneurship and Innovation

Study mode
Full-time
Part-time
Duration
12 months
24 months
Start date and application deadlines
Start date
September 2025
Apply by:
Starts on:

We've set the country or region your qualifications are from as United Kingdom.

How to apply
UK students

Apply for this course by:

There is no fee to apply for our courses.

What you'll need

As part of the application process, you'll need to submit:

  • School or college transcripts/certificates
  • University transcripts and certified translations if applicable
  • Degree certificates
  • Personal statement outlining your learning ambitions

Our application process

  1. Sign into the University of Liverpool Application Portal and start your application
  2. Submit your application
  3. We'll email you to let you know we're processing your application
  4. Track the progress of your application using the Postgraduate Application Tracker (we'll send you a link to the tracker)
  5. We'll email you when a decision has been made
  6. If you've been made an offer, you can then accept or decline it using the Postgraduate Application Tracker.

Already a University of Liverpool student?

Apply faster with the quick apply form for current University of Liverpool students.

Need help applying?

Our how to apply pages provide further information about applying online for our taught postgraduate courses.

If you are unable to apply via our online form, or need further support, please contact the postgraduate enquiries team.

International students

Apply for this course by:

There is no fee to apply for our courses. However, once you’ve been made an offer to study with us you are required to pay a fee deposit.

What you'll need

As part of the application process, you'll need to submit:

  • School or college transcripts/certificates
  • University transcripts and certified translations if applicable
  • Degree certificates
  • Evidence of English Language proficiency (EU and international applicants only)
  • Personal statement outlining your learning ambitions.

Our application process

  1. Sign into the University of Liverpool Application Portal and start your application
  2. Submit your application
  3. We'll email you to let you know we're processing your application
  4. Track the progress of your application using the Postgraduate Application Tracker (we'll send you a link to the tracker)
  5. We'll email you when a decision has been made
  6. If you've been made an offer, you can then accept or decline it using the Postgraduate Application Tracker.

Already a University of Liverpool student?

Apply faster with the quick apply form for current University of Liverpool students.

Need help applying?

We provide further information about applying online.

If you are unable to apply via our online form, or need further support, please contact the postgraduate enquiries team.

Combine this subject

With a combined degree, you can study two subjects as part of the same degree programme.

  • Choose from 30 subjects and over 300 combinations
  • Choose joint or major minor subjects
  • Adjust the weight of your subjects at the end of your first year
  • Same number of credits as single honours students
  • Same classes as single honours students
  • Appeal to a wide range of employers

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About this course

The focus of this programme is on the management of innovations and entrepreneurial firms, both small and large. Whether you have the ambition to start up your own business or you are already running your own company, MSc Entrepreneurship and Innovation can help you achieve your career goals.


Introduction

To meet the evolving needs and diverse career aspirations of our students, our relaunched MSc programme in Entrepreneurship and Innovation at the University of Liverpool Management School (ULMS) combines strong, research-based foundations with critical perspectives on entrepreneurship and innovation. It offers modules on digital marketing, business analytics, sustainable innovations for societal impact, venture financing and governance, and the internationalisation and commercialisation of innovations. The MSc is designed to inspire and cultivate future entrepreneurs, consultants, small business managers, and leaders of innovation within both new ventures and existing organisations.

Entrepreneurial thinking is increasingly central to career success in dynamic, evolving work environments where job roles are often fluid, and transitions between traditional employment and self-employment are becoming the norm. The creation of new ventures is essential for sustainability, equality, and economic development, while innovation—whether in new or established businesses—is key to competitiveness, efficiency, and long-term sustainability. This programme prepares graduates to think and work entrepreneurially, identify opportunities, drive innovations, and reflect on the ethical and sustainable implications of their decisions.

Students will gain essential skills in business analytics, finance, and international awareness—competencies crucial for launching new ventures, protecting intellectual property, and driving innovation within established firms. Specialist modules foster expertise in start-up development, commercialisation, and sustainability, addressing global business, societal, and environmental challenges. The programme integrates theoretical knowledge, supported by world-class research, with practical applications. Students can complete their final summer project through either a traditional dissertation, a guided entrepreneurship plan or a consultancy project with a local business, providing opportunities to develop research, entrepreneurial and innovative skills, build knowledge, and establish a network among key stakeholders in the region.

Beyond formal lectures and seminars, students will engage with guest speakers, industry professionals, and the vibrant innovation ecosystem in Liverpool. Optional participation in entrepreneurship and sustainability events, as well as networking opportunities through the School’s Research Centres, will further enhance their experience. This comprehensive approach equips students with the skills and experience needed to excel as future leaders in entrepreneurship and innovation.


Accreditation

The University of Liverpool Management School (ULMS) is one of an elite group of institutions worldwide to hold the gold standard ‘triple-crown’ aaccreditation from AACSB, AMBA and EQUIS.

Accreditation in detail
AACSB Accredited logo

AACSB

AACSB Accreditation Standards require a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of businesses. This achievement means that the Management School meets specific standards of excellence. It also means it's committed to on-going improvement in delivering high quality education.

AMBA accreditation logo

AMBA

AMBA is the highest standard of achievement in postgraduate business education. MBA students and graduates, business schools and employers all recognise it as a gold standard.  AMBA's rigorous criteria and assessment process ensure that only programmes that demonstrate the highest standards in teaching, learning and curriculum design; career development and employability; and student, alumni and employer interaction achieve accreditation.

EQUIS

The School is also accredited by EQUIS, which is the leading international system of quality assessment, improvement and accreditation of higher education institutions in management and business administration.  Institutions that are accredited by EQUIS must demonstrate not only high general quality in all dimensions of their activities, but also a high degree of internationalisation and corporate connections.

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Course content

Discover what you'll learn, what you'll study, and how you'll be taught and assessed.

Semester one

During the first semester, you will undertake three compulsory 20-credit modules (60 credits in total).

Required modules:

  • ULMS 867: Corporate Entrepreneurship and Innovation
    This module explores how organisations manage and drive innovation in a competitive, technology-driven environment. Emphasising sustainable and AI-enabled practices, it equips students to critically analyse corporate entrepreneurship. Key topics include entrepreneurial strategy, innovation ownership, AI-driven business models, and ethical decision-making.
  • ULMS 559: Strategy for Entrepreneurship and Innovation
    This interdisciplinary module focuses on the practical challenges of bringing innovation and new ventures into existence. Students will explore how resources, organizational structures, and management mechanisms shape the execution of innovative ideas and new ventures.
  • ULMS 560: Financing and Governing Ventures
    This module addresses the financial aspects of entrepreneurship, helping students understand core financial concepts, valuation methods, investment options, and the governance structures that support venture growth. It builds students’ confidence in communicating financial details to investors and stakeholders.

These modules collectively provide a robust understanding of entrepreneurship and innovation, preparing students to explore business creation, expansion, and innovation within established firms.

Please note the full structure of this course is still in development and full details will be available soon.

Programme details and modules listed are illustrative only and subject to change.

Semester two

During the second semester, you will choose three optional 20-credit modules from a list of four (60 credits in total).

Optional modules:

  • ULMS 561: International Innovation and Commercialisation
    This module covers the global management and commercialisation of innovation, with a focus on intellectual property (IP) strategies. Students will explore how different institutional contexts (e.g., US vs. emerging economies) impact IP management and commercialisation strategies.
  • ULMS 562: Business Analytics for Organisations
    Students will learn how data-driven approaches are transforming entrepreneurship and business strategy. The course covers the role of big data, AI, and analytics in reshaping businesses, mitigating disruptions, and driving innovation.
  • ULMS 563: Sustainable Innovation for Societal Value
    This module explores how innovation can address urgent social and environmental issues. Students will learn to design, evaluate, and scale sustainable innovations that have a positive societal impact.
  • ULMS 564: Entrepreneurship in SMEs
    Focusing on small and medium enterprises (SMEs), this module examines how entrepreneurship is practiced in different types of SMEs, including family businesses and digital enterprises. Students will analyse the challenges faced by SME managers and explore policies supporting their growth and integration into entrepreneurial ecosystems.

Please note the full structure of this course is still in development and full details will be available soon.

Programme details and modules listed are illustrative only and subject to change.

Final project

In the final semester, students enter the “capstone” phase of their studies and have two options:

  1. ULMS 719: Advanced Management Research
    Develop a business plan for a new enterprise or create a consultancy report addressing an organizational innovation challenge.
  2. ULMS 790: Dissertation
    Conduct an academically oriented research project based on a case, organisation, or context of their choice.

Modules

Optional modules Credits
DISSERTATION (ULMS790) 60

Programme details and modules listed are illustrative only and subject to change.

Teaching and assessment

How you'll learn

This interdisciplinary programme is built on an educational approach that ensures students develop the essential skills to pursue careers in entrepreneurship and innovation. This commitment extends beyond the curriculum, with school-wide strategies to foster employability, including an integrative programme of enhancement weeks that engage students with industry, alumni, and peers from other programmes.

The curriculum is delivered through a blend of lectures, seminars, workshops, case studies, tutorials, and project work. Lectures impart core subject knowledge, while case studies and practical exercises demonstrate the real-world application of theoretical concepts. The programme includes both team-based and individual exercises to foster collaboration and independent critical thinking.

Designed for students with diverse industrial, business, and academic backgrounds, this programme is structured around six 20-credit modules and one final 60-credit module. The first two semesters each feature three taught modules, interspersed with four week-long enhancement weeks that provide industry exposure, networking, and employability skills development. In Semester 2, students select one 60-credit module and undertake either an applied project or a research dissertation. All Semester 2 modules are optional.

How you're assessed

In semesters one and two, you will take modules totalling 120 credits. The dissertation or Strategy, Planning and Implementation project completed during the summer period is worth 60 credits and students will be supported by their academic supervisor.

Students are required to complete 180 credits to achieve a full MSc.

Subject to meeting specific criteria outlined by the University, students will graduate with a Pass, Merit or Distinction.

Assessment tasks are varied and some may be designed specifically to meet the learning outcomes of a particular programme of study, but students can expect to be assessed via coursework, essay, group work, presentations, case studies, negotiation exercises, reports and examinations. The weighting of individual components will vary from one module to another. All assessment information is included within the module specification.

Liverpool Hallmarks

We have a distinctive approach to education, the Liverpool Curriculum Framework, which focuses on research-connected teaching, active learning, and authentic assessment to ensure our students graduate as digitally fluent and confident global citizens.

The Liverpool Curriculum framework sets out our distinctive approach to education. Our teaching staff support our students to develop academic knowledge, skills, and understanding alongside our graduate attributes:

  • Digital fluency
  • Confidence
  • Global citizenship

Our curriculum is characterised by the three Liverpool Hallmarks:

  • Research-connected teaching
  • Active learning
  • Authentic assessment

All this is underpinned by our core value of inclusivity and commitment to providing a curriculum that is accessible to all students.

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Your experience

This programme is delivered by the triple-accredited University of Liverpool Management School.

The School has a thriving international master’s community with a comprehensive, interdisciplinary programme of social and extra-curricular events and dedicated careers and employability support.

Explore where you'll study

Image of the outside of the Management School building
Management School
Management School students in conversation in the McKenzie Trading Suite at the Management School
McKenzie Trading Suite at the Management School
Image of the reception area and café, located on the ground floor of the Management School
Reception and café
Image of a large seminar room with lecture theatre style seating in the Management School
Seminar room 5, Management School
Image of large open plan seminar room in Management School
Seminar room 2, Management School
Image of a corridor, lifts and seating area on the first floor of the Management School.
First floor social space, Management School
Watch on Panopto: Inside Management. A conversation with Nazia Ahmed and Professor Claire Mallanaphy

Inside Management. A conversation with Nazia Ahmed and Professor Claire Mallanaphy

Virtual tour

Supporting your learning

From arrival to alumni, we’re with you all the way:

University of Liverpool Management School is a famous, globally connected school where I can study in an international environment. Liverpool is an incredible city for me, the people are nice and passionate about life.

Yapeng Hu, MSc Entrepreneurship and Innovation
Two students chatting while walking through campus.

Chat with our students

Want to find out more about student life?
Chat with our student ambassadors and ask any questions you have.

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Careers and employability

This MSc Entrepreneurship and Innovation seeks to develop an understanding of core business and management disciplines, and to show how they link together in terms of enabling managers to address the tasks they face.

Graduates of this programme will be well-prepared for diverse career paths, whether launching their own ventures, pursuing consulting opportunities, or leading innovative changes within existing organisations. They will be equipped to create and develop businesses while considering their societal and environmental impact.

The programme emphasises the development of business and management skills in solving problems via analysis, problem-solving, decision-making, effective communication and leadership, which can be applied in the modern organisation.

From day one, you will have access to a specialist, in-house postgraduate careers team and have access to one-to-one careers guidance, workshops, seminars, and employability initiatives.

This programme is suitable for those looking to work in a wide range of management positions within:

  • private sector
  • public sector
  • entrepreneurial organisations.

The content and delivery of the programme will also equip students with the skills to develop their own innovative enterprises and/or work as managers of innovative projects in larger organisations.


Career support from day one to graduation and beyond

Career planning

Our campus Career Studio is a space for students and graduates to drop into and talk to a career coach. Career coaches are highly trained to help no matter what stage you are at in your career planning. You can access support to find and apply for full-time and part-time roles, placements, internships and graduate schemes. You will also find the help you need if you have a start-up idea or want to create a business plan. You can explore the world of work, prepare for job interviews, and access careers events and workshops. The Career Studio is open Monday to Friday from 10am-5pm, simply drop in at a time that works for you.

From education to employment

We develop our programmes with employers in mind. You will be supported to enhance your long-term employment prospects as you learn. We do this by exposing you to professionals, a variety of sectors and supporting you to work collaboratively with others to develop transferable skills. You are equipped with a clearer view of what to focus on in your area of interest, and to reflect on your studies. Our digital employability tools give you a tech-enhanced curriculum experience and make it easy for you to prepare for the world of work. You can use tools like the Handshake platform to connect with employers and message the Career Studio 24/7.

Networking events

You can start building good professional networks by attending events and employability activities. Our events are designed to develop your skills and expose you to many different employers, as well as to help you make contacts in your field. We help you improve your confidence when speaking to employers and give you access to unique opportunities. Our networking events also boost your understanding of the competencies and skills that employers are looking for in their recruitment process, giving you a competitive edge.

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My qualifications are from United Kingdom.

Fees and funding

Your tuition fees, funding your studies, and other costs to consider.

Tuition fees

UK fees (applies to Channel Islands, Isle of Man and Republic of Ireland)

Full-time place, per year - £13,900
Part-time place, per year - £6,950

International fees

Full-time place, per year - £29,000
Part-time place, per year - £14,500

Fees stated are for the 2025-26 academic year.

Tuition fees cover the cost of your teaching and assessment, operating facilities such as libraries, IT equipment, and access to academic and personal support.

If you're a UK national, or have settled status in the UK, you may be eligible to apply for a Postgraduate Loan worth up to £12,167 to help with course fees and living costs. Learn more about paying for your studies.


Additional costs

We understand that budgeting for your time at university is important, and we want to make sure you understand any course-related costs that are not covered by your tuition fee. This could include buying a laptop, books, or stationery.

Find out more about the additional study costs that may apply to this course.


Scholarships and bursaries

We offer a range of scholarships and bursaries that could help pay your tuition and living expenses.

Graduate Loyalty Advancement Scholarship

If you’re a University of Liverpool graduate starting this master’s degree with us, you could be eligible to receive a loyalty discount of up to £2,500 off your master’s tuition fees.

Management School Attainment Award

Are you a UK or Republic of Ireland student with a first-class degree, or equivalent? Join an MSc in the Management School and you could be eligible to receive £2,000 off your tuition fees.

Management School Excellence Scholarship

Join an MSc in the Management School and you could be eligible to receive a 50% discount off your tuition fees. You’ll be considered for this award based on your academic record, CV and the personal statement from your course application.

Management School Progress to Postgraduate Award

Are you a University of Liverpool undergraduate student graduating this summer? Progress from a current University of Liverpool degree, in any subject, to study an MSc in the Management School, and you could receive a tuition fee discount of £1,000.

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My qualifications are from United Kingdom.

Entry requirements

The qualifications and exam results you'll need to apply for this course.

Qualification Details
Postgraduate entry requirements

We accept a 2:2 honours degree from a UK university, or an equivalent academic qualification from a similar non-UK institution. This degree can be in any subject discipline. Non-graduates with very extensive professional experience and/or other prior qualifications may also be considered.

International qualifications

Many countries have a different education system to that of the UK, meaning your qualifications may not meet our entry requirements. Completing your Foundation Certificate, such as that offered by the University of Liverpool International College, means you're guaranteed a place on your chosen course.


English language requirements

You'll need to demonstrate competence in the use of English language, unless you’re from a majority English speaking country.

We accept a variety of international language tests and country-specific qualifications.

International applicants who do not meet the minimum required standard of English language can complete one of our Pre-Sessional English courses to achieve the required level.

Qualification Details
IELTS 6.5 overall, with no component below 6.0
TOEFL iBT 88 overall, with minimum scores of listening 19, writing 19, reading 19 and speaking 20. TOEFL Home Edition not accepted.
Duolingo English Test 125 overall, with writing not less than 125, speaking and reading not less than 115, and listening not below 110
Pearson PTE Academic 61 overall, with no component below 59
LanguageCert Academic 70 overall, with no skill below 65
PSI Skills for English B2 Pass with Merit in all bands
INDIA Standard XII National Curriculum (CBSE/ISC) - 75% and above in English. Accepted State Boards - 80% and above in English.
WAEC C6 or above

Pre-sessional English

Do you need to complete a Pre-sessional English course to meet the English language requirements for this course?

The length of Pre-sessional English course you’ll need to take depends on your current level of English language ability.

Pre-sessional English in detail

If you don’t meet our English language requirements, we can use your most recent IELTS score, or the equivalent score in selected other English language tests, to determine the length of Pre-sessional English course you require.

Use the table below to check the course length you're likely to require for your current English language ability and see whether the course is available on campus or online.

Your most recent IELTS score Pre-sessional English course length On campus or online
6.0 overall, with no component below 6.0 6 weeks On campus
6.0 overall, with no component below 5.5 10 weeks On campus and online options available
6.0 overall, with no more than one component below 5.5, and no component below 5.0 12 weeks On campus and online options available
5.5 overall, with no more than one component below 5.5, and no component below 5.0 20 weeks On campus
5.0 overall, with no more than one component below 5.0, and no component below 4.5 30 weeks On campus
4.5 overall, with no more than one component below 4.5, and no component below 4.0 40 weeks On campus

If you’ve completed an alternative English language test to IELTS, we may be able to use this to assess your English language ability and determine the Pre-sessional English course length you require.

Please see our guide to Pre-sessional English entry requirements for IELTS 6.5 overall, with no component below 6.0, for further details.


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Entry requirements: which qualifications do you need?

More about life in Liverpool

Discover more about the city and University.

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Why study at Liverpool?

Liverpool bursts with diversity and creativity which makes it ideal for you to undertake your postgraduate studies and access various opportunities for you and your family.

Postgraduate students walking through the campus.

Accommodation

To fully immerse yourself in the university experience living in halls will keep you close to campus where you can always meet new people. Find your home away from home.

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Fees and Finance

Discover what expenses are covered by the cost of your tuition fees and other finance-related information you may need regarding your studies at Liverpool.


Contact us

Have a question about this course or studying with us? Our dedicated enquiries team can help.

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Last updated 28 March 2025 / / Programme terms and conditions

Changes to Entrepreneurship and Innovation MSc

See what updates we've made to this course since it was published. We document changes to information such as course content, entry requirements and how you'll be taught.

23 March 2023: New postgraduate taught course pages

New course pages launched.