Prosperity, Innovation and Entrepreneurship MSc

About this degree

We find ourselves at a formative moment wherein growth-based financial models and increasing economic and social inequality are driving new forms of conflict, dislocation and ecological damage, challenging the veracity of our economic and political systems. These challenges necessitate a bold re-thinking of the relationship between economic activity and global prosperity.

At the core of this programme is the concept of transformative entrepreneurship, which involves the implementation of innovations that directly address the causes and consequences of environmental degradation as well as economic and social inequality. Entrepreneurship is widely associated with the promise of technological innovation and the emergence of new markets. Concepts such as social, sustainable, and community enterprise explore the potential of market actors and mechanisms to advance positive social and environmental change. The notion of transformative entrepreneurship takes these a step further by examining to the potential for entrepreneurship to provoke fundamental systemic change in the service of inclusive prosperity.

The Prosperity, Innovation and Entrepreneurship MSc will allow you to explore both the research and practice of transformative entrepreneurship. Conceptually, it provides a broad understanding of entrepreneurship as a practice, policy, intervention and institution. It also gives you an opportunity to critically explore both the promise and limits of entrepreneurial activity to provoke societal, economic, environmental and political change. Moreover, because standard notions of entrepreneurship are dominated by Western conceptions of markets and market activity, the Programme encourages different perspectives and forms of enterprise attuned to a variety of contexts and lived experiences. In this way, the Programme offers you the chance to embrace a genuinely global notion of transformative entrepreneurship. Practically, the Programme equips you with skills for evaluating the impact of social entrepreneurship, design thinking, prototyping with enterprise stakeholders, and values-based leadership.

The Prosperity, Innovation and Entrepreneurship MSc will prepare you to become one of a new generation of global leaders and entrepreneurs. At the core of the programme is the concept of transformative entrepreneurship, which involves the development and implementation of innovations to address the causes and consequences of environmental degradation, economic inequality and social injustice.

A first or upper second-class UK Bachelor’s degree in an appropriate subject, or an overseas qualification of an equivalent standard from a recognised higher education institution. Evidence of extensive experience may be considered in lieu of the above, subject to approval.

The English language level for this programme is: Level 3

UCL Pre-Master's and Pre-sessional English courses are for international students who are aiming to study for a postgraduate degree at UCL. The courses will develop your academic English and academic skills required to succeed at postgraduate level.

Further information can be found on our English language requirements page.

After graduation, we expect you to go on to define new routes to prosperity through working in your chosen field. Alumni have gone on to a wide range of careers including in business, industry, entrepreneurship, social impact investing and finance, policy making and politics, NGOs and the third sector, and further advanced study. The Institute for Global Prosperity also coordinates an affiliated network of young entrepreneurs in London (Fast Forward 2030) and is establishing similar networks in Lebanon and Kenya. The Institute for Global Prosperity further has a network of entrepreneurial, academic, non-governmental and policy partners across the globe with dense networks in London, Lebanon and Kenya. Alumni of this program will thus have access to a global network of like-minded transformative entrepreneurs.