Business Innovation and Entrepreneurial Management
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    Business Innovation and Entrepreneurial Management

    Lancaster University
    Lancaster University
    United Kingdom
    United Kingdom, Lancaster
    University Rank:#157
    Go to Official Website
    Duration1 year(s)
    Tuition Fee
    GBP 37,654 / Year
    Next IntakeOctober 1, 2026
    Business Innovation and Entrepreneurial Management

    About

    Our MSc Business Innovation and Entrepreneurial Management will give you the necessary skills to become a successful and responsible innovator and entrepreneur. Your learning on this programme will be experiential: you will engage with the latest thinking and have multiple opportunities to apply this in practice.

    You will benefit from academic knowledge combined with the experience and expertise of our Entrepreneurs in Residence, a group of business leaders who have successfully started and grown their own businesses. If you want to start your own venture, are looking to assume a leadership role in your family’s business or want to innovate in an existing organisation in any sector, then this is the programme for you.

    Learn by doing

    We believe that an experiential approach to teaching and learning is the best way for innovators and entrepreneurs to learn. Our modules are designed with the assumption that learning and skill development come from doing.

    You will learn how to be creative and innovative in your response to key global issues that require entrepreneurial solutions. You will build your capability to recognise opportunities and make critical decisions on how to best exploit them. In this way, you will develop the confidence and skill to present ideas clearly, negotiate effectively, and convince key stakeholders in high-stakes decisions.

    Ideal environment for aspiring innovators

    We offer the ideal environment for aspiring innovators and entrepreneurs, emphasising theoretical rigour and practical experience. Lancaster University Management School holds a prestigious Small Business Charter accreditation and is renowned for its entrepreneurial knowledge exchange and small business growth activities.

    Entrepreneurs in Residence

    On this programme, you benefit from engaging with the latest academic thinking and models delivered by leading professors alongside the practical, real-world experience of innovators and entrepreneurs. You will have access to mentoring, support, and advice from our Entrepreneurs in Residence (EiRs), whether you wish to explore new business opportunities or understand better how entrepreneurs think and act.

    As a BSc Marketing and Design student, you will be equipped with a strong foundation in the principles and practices of both marketing and design. Throughout the course, you will gain a deep understanding of the complementary and contrasting theoretical frameworks of marketing and design while developing essential design research skills and sharpening your critical thinking. You will learn how to respond to design briefs with creative experimentation and compelling visualisations. You will be able to commission design projects and effectively manage marketing strategies across diverse areas, from packaging to online advertising.

    Requirements

    Entry Requirements

    Entry requirements

    Academic requirements

    2:2 (UK Hons) degree in any discipline. We are looking for marks consistently at 2:2 level, or higher, throughout your undergraduate studies. We welcome applications from people who have studied a business or management-related subject, as well as engineering, computing, natural or social sciences, arts or any other discipline.

    If you do not meet our main academic entry requirements, we may be able to consider your application where you have relevant extensive professional experience. Such experience could include close involvement in a family business, or in your own business venture. If you meet these additional criteria, we would welcome the opportunity to discuss this with you. Please contact us for information.

    Additional requirements

    Relevant work experience is helpful but not essential.

    English language requirements

    We require an IELTS (Academic) Test with an overall score of at least 6.5, and a minimum of 6.0 in each element of the test.

    We also consider other English language qualifications and if your score is below our requirements, you may be eligible for one of our pre-sessional English language programmes.

    Help from our Admissions team

    If you are thinking of applying to Lancaster and you would like to ask us a question, complete our enquiry form and one of the team will get back to you.

    We also have more details on our website about:

    Pre-master's programmes

    Delivered in partnership with INTO Lancaster University, our one-year tailored pre-master's pathways are designed to improve your subject knowledge and English language skills to the level required by a range of Lancaster University master's degrees. Visit INTO Lancaster University for more details and a list of eligible degrees you can progress onto.

    Career

    Careers

    Graduates from this programme have progressed their careers in a wide range of functions and sectors. They have gone on to roles such as Consultant, Business Development Manager, Head of Innovations, and Marketing Manager, and have worked in areas such as operations and pricing strategy. Organisations that have employed this programme’s graduates include:

    • Santander
    • The Hut Group
    • Sage
    • ChantiQ
    • Energus
    • Indonesia Eximbank
    • NetSuite
    • Robowealth Mutual Fund Brokerage Securities.

    Also, our graduates are perfectly prepared to take up leadership roles in their family businesses or as founders of their own start-ups. If this is your intended destination, our careers team will work with you on your careers profile and how you present yourself to the job market. Our globally-ranked Centre for Family Business provides expertise on how next generation managers can drive continued business success, while our wide business network, Leaders and Residence and Entrepreneurs in Residence can all provide inspiration and career mentoring.

    Lancaster University Management School has a dedicated careers team that provides career guidance, support and training for students on MSc Business Innovation and Entrepreneurial Management. The team offers a range of innovative services, including:

    • embedded careers education throughout the degree programme
    • career information, advice, and guidance appointments with specialist Careers Coaches
    • weekly workshops on key employability skills
    • exposure to international career options and networks
    • connections to strong networks of employers and alumni
    • support in finding and acquiring work experience opportunities, including internships
    • lifelong access to all LUMS Careers services.

    Fee Information

    Additional fees and funding information accordion

    Course Costs

    Additional local travel costs related to the programme may be required.

    There may be extra costs related to your course for items such as books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation, you may need to pay a subscription to a professional body for some chosen careers.

    Specific additional costs for studying at Lancaster are listed below.

    College fees

    Lancaster is proud to be one of only a handful of UK universities to have a collegiate system. Every student belongs to a college, and all students pay a small College Membership Fee which supports the running of college events and activities. Students on some distance-learning courses are not liable to pay a college fee.

    For students starting in 2025, the fee is £40 for undergraduates and research students and £15 for students on one-year courses.

    Computer equipment and internet access

    To support your studies, you will also require access to a computer, along with reliable internet access. You will be able to access a range of software and services from a Windows, Mac, Chromebook or Linux device. For certain degree programmes, you may need a specific device, or we may provide you with a laptop and appropriate software - details of which will be available on relevant programme pages. A dedicated IT support helpdesk is available in the event of any problems.

    The University provides limited financial support to assist students who do not have the required IT equipment or broadband support in place.

    Application fees for 2025

    For most taught postgraduate programmes starting in 2025 you must pay a non-refundable application fee of £40. We cannot consider applications until this fee has been paid, as advised on our online secure payment system. There is no application fee for postgraduate research applications.

    Application fees for 2026

    There is no application fee if you are applying for postgraduate study starting in 2026.

    Paying a deposit

    For some of our courses you will need to pay a deposit to accept your offer and secure your place. We will let you know in your offer letter if a deposit is required and you will be given a deadline date when this is due to be paid.

    The fee that you pay will depend on whether you are considered to be a home or international student. Read more about how we assign your fee status.

    If you are studying on a programme of more than one year’s duration, tuition fees are reviewed annually and are not fixed for the duration of your studies. Read more about fees in subsequent years.

    Find all fees and funding information for students at Lancaster University.

    Tuition Fee
    37,654 / year
    Business Innovation and Entrepreneurial Management
    Lancaster University
    Lancaster University
    United Kingdom

    United Kingdom, Lancaster

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