Entrepreneurship

Entrepreneurship MSc

Course fees (2017/18 entry)

Option / fee Value
Home full time annual tuition fee: £5,950
Home cost per credit: £33.00
International full time annual tuition fee: £11,630

More about course fees »

Course type

MSc

School

Liverpool Business School

Study mode

Full Time & Part Time

About your course

Entrepreneurs are made by their ingenuity and desire to pioneer their own fortunes. This course is a hothouse for this special skillset, and is one that encourages your innate sense of business acumen within a framework of surrounding expertise.

  • Course available to study full time (1 year) and part time (2 years)
  • Based in the £38million Redmonds Building
  • Designed for those wishing to set up a new business venture or for current business owners wishing to enhance and develop their entrepreneurial skills
  • Free student membership of the Institute of Directors
  • Delivered by teaching staff with excellent records in academia and business

The tutors have provided contacts and networks an emerging entrepreneur can struggle to gain, and they have all provided guest lectures who bring real life experiences to the course.

Andrew Judge, current student

Each lecture and seminar feels like it has been written and developed with your own personal interests in mind, and helps to keep the subject relevant, no matter what your age and industry background. The course has only helped to enhance my belief and aspirations to become an entrepreneur in the future.

James Harper, current student

Introduction to the School

The Liverpool Business School is a forward looking, professional, business school, active globally as well as locally. We maintain close links with business and place students at the centre of all that we do.

The School provides responsive business education that prepares graduates for a wide range of business and management careers. We are proud of our approach to providing business education, which emphasises practical knowledge and its application, delivered by supportive and approachable staff.

Throughout its history, the School has served the business needs of the North West through programmes which focus on developing professional capabilities required by a contemporary, dynamic economy. The School emphasises the power of education and practical application of research to improve the employability of people entering private, public and voluntary sectors, boosting the productivity of work forces, generating innovation and growth.

Top class facilities

The School is based in the Redmonds Building, located in the heart of the bustling Mount Pleasant campus and Liverpool’s growing Knowledge Quarter. Redmonds Building is shared by three Schools within the Faculty of Arts, Professional and Social Studies – Liverpool Business School, Liverpool Screen School and the School of Law - making for a rich blend of student learning experiences.

As well as high quality lecture theatres and seminar rooms, social spaces, and ground floor cafe, the School has a state-of-the-art professional suite, with the capability to host conferences and seminars plus a dedicated postgraduate and research area.

Redmonds Building is only a short walk from LJMU’s Aldham Robarts Library, which contains all the resources you will require for your studies, and is open 24 hours a day, seven days a week.

Why study this course at LJMU?

LJMU's advanced level of knowledge in business and entrepreneurial acumen has created the essential programme of study for those wishing to achieve success with their own company. In this traditionally independent field of business, your learning will be tailored and streamlined to ensure the smoothest route to your success as an entrepreneur.

You will be taught in Liverpool Business School’s £38million Redmonds Building, located in Liverpool city centre’s Knowledge Quarter. The building boasts state-of-the-art resources and a dedicated postgraduate zone.

Importantly, the MSc Entrepreneurship has been developed in consultation with leading business organisations and your academic team includes both experienced lecturers and business experts, such as Dr Adam Frost, Senior Lecturer of Enterprise and Small Business Management, Business Psychologist Cath Groves, Senior Lecturer in Management and Project Management, Dr Seng Kok and Programme Leader, Seamus O’Brien.

In becoming a part of this cohort, your business network and your involvement in the current culture of business, will expand to provide you with a strong platform from which to launch your business, and new career direction.

Programme outline and structure

This Masters programme has been specially designed to develop creative business minds and forces for change in social innovation. Those able to recognise opportunities and develop lucrative ideas, will find a host of possibilities and the amass the skills required to contribute to the success of any economy.

The MSc Entrepreneurship delivers high quality entrepreneurial education, producing graduates with a strong mind-set and the skills and capabilities to add value to a range of organisations and new venture start-ups. If you have a passion for commerce and a genuine wish to succeed in your own business, this programme will enable you to achieve your professional ambitions. 

You will develop exceptional and detailed theoretical and practical understanding of entrepreneurship. Your effective leadership skills will also be enhanced and you will gain a deep understanding of how to apply entrepreneurial principles and methods within organisations of all shapes and sizes, across borders and sectors.

You will understand how to identify opportunities and threats arising from changes in the business environment and the impact on entrepreneurial activity.  Business and management concepts including marketing, financial analysis, law and economics will be covered so that you have a broad knowledge of their application and their critical importance in relation to your entrepreneurial activity.

What you will study on this degree

Please see guidance below on core modules for further information on what you will study.

  • Innovation, creativity and technology

You will generate creative ideas with commercial viability and apply tools and techniques to enable creative problem solving

  • Entrepreneurship concepts and practice

Critically assess the different entrepreneurial concepts and practices and their real world application

  • Entrepreneurship – Business to Business

Critically assess different opportunities and processes involved in selling products and/or services to other businesses

  • Psychology of entrepreneurship

Develop an understanding of the impact of psychology and leadership on entrepreneurial development and business success

  • Financial Planning

Explore the importance of developing a financial mind-set and recognising the importance of appropriate budgeting, financial management and forecasting in an entrepreneurial environment

  • Research Methods and Applied Research Methods
Identify and utilise appropriate methodological techniques to collect and analyse qualitative and/or quantitative data, enabling you to develop valid and reliable conclusions that facilitate informed business decisions
  • Extended Research Project
Building on the previous core modules, create a business plan to present to your selected audience, demonstrating your ability to assess and communicate the value of your idea

Further guidance on modules

The information listed in the section entitled 'What you will study' is an overview of the academic content of the programme that will take the form of either core or option modules. Modules are designated as core or option in accordance with professional body requirements and internal Academic Framework review, so may be subject to change. Students will be required to undertake modules that the University designates as core and will have a choice of designated option modules. Additionally, option modules may be offered subject to meeting minimum student numbers.

Academic Framework reviews are conducted by LJMU from time to time to ensure that academic standards continue to be maintained.

Please email courses@ljmu.ac.uk if you require further guidance or clarification.
 

How will I be assessed?

Assessments will be conducted using a variety of methods, depending on the module.

​You will be assessed via coursework and will have to relate your learning to an entrepreneurial/enterprising context. You will have to produce: individual/group reports, essays and individual/group presentations as well as taking class tests and exams.

​Formative assessment is provided through: oral presentations, debates, VLE tests and quizzes, class group discussions and discussion forums and there are practical tasks to assess practical skills.

Staff research interests

Liverpool Business School is home to a vibrant and active research community who are committed to innovation and excellence in research.

Our research is concerned with important contemporary business and management issues, it is multidisciplinary in practice and reflects the School’s areas of special expertise. This approach is evident not only in our research but in PhDs and some of the taught courses we offer or have designed for clients. Our main areas of research expertise include:

  • entrepreneurship and small businesses
  • public management
  • evaluation research
  • research with practitioners

Our expertise in Entrepreneurship is based on research specifically in this area, including the specialist topics of rural entrepreneurship, sustainability and graduate start-ups.

Our Centre for Public Services Management helps us to focus our research expertise in public management, and we work with public bodies regionally and elsewhere to build our research base and put theory into practice.

Entry requirements (Home)

You should have (or expect to gain) a second class honours degree or above from a recognised University or equivalent. 

Entry requirements (International)

LJMU welcomes applications from international students. In addition to normal entry requirements, you will be expected to demonstrate a very good level of English language competence, for example an IELTS score of 6.0-6.5 or equivalent. Please note: specific courses may require higher levels of English language competence.

If you have applied to study a full-time taught Masters, MRes, MPhil or PhD at LJMU, you should check if you require an Academic Technology Approval Scheme or ATAS certificate. It can take four to six weeks to receive an ATAS certificate, so please make sure you apply as early as possible. You can find out more on the British Foreign and Commonwealth Office (FCO) website. Alternatively, contact LJMU’s International Admissions Team for guidance.

Please note: international students entering on a Tier 4 visa cannot study part time. Students entering the UK on alternate types of visa may be in a position to study part time. Please contact LJMU’s International Admissions Team for further details before making your application. 

In order to obtain a visa you will also need to show evidence that the money required to cover your tuition fees and living expenses has been in your bank account for at least 28 days prior to submitting your visa application. So please make sure that your finances are in place before applying. For more details, go to our international website

For advice on any aspect of the application process, please contact LJMU’s International Admissions Team.

IELTS

6.0 (Minimum of 5.5 in each component)

Pearson

50-57

Is RPL accepted on this programme?

Yes


Please Note: All international qualifications are subject to a qualification equivalency check via NARIC.

Financial support

If you do not meet the academic entry requirements you may be asked to attend an interview (either face-to-face) if it is necessary to explore details of your application, or suitability for the programme further. The interview will help to ensure that you will benefit from the programme.

Tuition fees

All full and part-time students enrolled on postgraduate taught programmes at LJMU are liable to pay an annual tuition fee. You can opt to pay your tuition fees in full at the start of each academic year or pay by instalments. If you need advice about how you will pay your tuition fees, please email to LJMU’s Student Funding Team as soon as possible.

Sources of funding

Postgraduate loans

Postgraduate Masters loans are available for the 2017/18 academic year. The new loans, of up to £10,000, are available for students attending eligible full and part-time Masters courses, in line with the existing qualification framework for England. Administered by the Student Loan Company, the loans will be available to those under 60 at the start of their course.

Loan repayments will begin the April after course completion, with the first cohort of borrowers commencing repayments in April 2019. Repayments will be made at a rate of 6% of income above an earning threshold of £21,000. This threshold will be frozen until 2021. For details of loan terms, conditions and eligibility, go to: ljmu.ac.uk/postgraduate-funding 

LJMU Alumni Award

Final year undergraduates and alumni of the University are eligible to apply for a 20% reduction in their postgraduate tuition fees if they choose to progress onto a higher degree programme at LJMU. Both Home and international LJMU students and alumni can apply for this award (subject to eligibility criteria*). 

Postgraduate International Scholarships

LJMU offers scholarships for international applicants  accepted onto taught masters programmes (excluding distance learning programmes) and research degrees. Current LJMU international students and alumni interested in pursuing postgraduate study and research at the University are eligible to apply for these scholarships along with new applicants.

English for Postgraduate Studies Bursary

A Bursary is also available for international students who need to improve their IELTS score prior to enrolling on their postgraduate course or research programme at the University. This course is run by LJMU’s International Study Centre.

Earn While You Learn

Working while you study means you may be able to pay for your course without taking out any further loans or at least reducing the amount you need to borrow. Working while you study also gives you the skills valued by employers, such as managing your workload and prioritising your time.

LJMU’s Vacancy website can help you find graduate vacancies, sandwich/industrial placements, internships / summer work, part-time jobs, volunteering opportunities and work-based learning placements. Over 1,000 local and regional employers regularly list opportunities on the website.

Professional and Career Development Loans (PCDL)

Many students fund their postgraduate studies via Professional and Career Development Loans. This is a bank loan which you will have to pay back once you’ve completed the course. However, while you are studying any interest on the loan will be paid for you by the Skills Funding Agency. PCDLs worth between £300 and £10,000 are available for eligible postgraduates to fund up to two years of study (three if the course includes work experience). The loan is split into course fees and living costs. 

Employer sponsorship

Some organisations and companies fund the cost of postgraduate studies for their employees as they recognise the value of having well qualified staff. Check out our courses and see if there are any on offer that could enhance your current career. Remember, employer support doesn’t always have to be financial; it can take other forms too, such as flexible working arrangements, day release and time in lieu of study.

Support for disabled students

Disabled Students’ Allowances or DSAs are designed to help meet the extra course costs students can face as a direct result of a disability, on-going health condition, mental health condition or specific learning difficulty. DSAs don’t have to be paid back and the type of support you receive will be determined by your specific needs not your household income. Please contact LJMU’s Disability team for further advice: 0151 231 3164/3165.

Council tax exemption

All full-time postgraduate students studying courses lasting one year or more are eligible for a council tax exemption certificate.


Graduate employment

You may already be employed in a small or medium sized enterprise or be an owner of a business. If this is the case, the MSc Entrepreneurship will enhance your skills and knowledge of running a business, from developing leadership skills and project management and even using new and innovative technologies to improve your business to understanding the psychology of being an entrepreneur.

If you’re an undergraduate student with the passion and drive to do what it takes to become a successful entrepreneur, this course will provide you with the vital knowledge and skills to succeed in your field of business.

The modules have been developed in close consultation with business leaders and academics to ensure they give you a distinct and thorough grounding in the key aspects of successful entrepreneurialism.

Whatever your background, your CV will be enhanced and you will stand out from the competition with an MSc Entrepreneurship from Liverpool Business School.

You will receive student membership of the Institute of Directors (IoD). IoD student membership offers a wide range of bespoke services including personal, confidential support from a ‘guru panel’ and a placement and internship notice-board advertising work experience opportunities, as well as other benefits.

International Study

International applicants are required to demonstrate equivalent qualifications to the standard requirements for entry when applying for courses at LJMU.

Students must also demonstrate a proficiency in communicating through English, for example via an IELTS tests or equivalent.

Please note: UK visa restrictions mean that international students are only permitted to study on a full-time basis.

Please contact LJMU’s International Team by visiting www.ljmu.ac.uk/international for more information and advice.

Scholarships

LJMU has launched a range of generous international scholarships for students enrolling at the University.

These prestigious scholarships take the form of tuition fee waivers and are available for outstanding international students applying for taught postgraduate programmes and research degrees.

You will need to complete an additional application form in order to be considered for these scholarships. Full eligibility criteria and the online application form are available here: www.ljmu.ac.uk/international

Applications for these scholarships are welcomed from:

  • new international applicants
  • current LJMU international students hoping to progress onto postgraduate study at the University
  • LJMU international alumni

English for Postgraduate courses bursary

A bursary will be available for students who must complete the six week English for Postgraduate Studies course to improve their IELTS score by 0.5 prior to enrolling on their postgraduate taught or research degree at LJMU.

This bursary take the form of a tuition fee waiver, which will be deducted from your tuition fee when you enrol on your degree programme. You do not need to complete the online scholarship form in order to receive this bursary. Please note: If you are awarded this bursary you are not eligible to apply for an international scholarship.

The University may make changes to a programme of study or module where such changes are deemed to be beneficial to students, are minor in nature and unlikely to impact negatively upon students or become necessary due to circumstances beyond the control of the University.
Further guidance on programme changes

Take the next steps towards your future today

Still have questions?

For general enquiries, call us today on: 0151 231 5090

Send us a message

Faculty of Arts, Professional and Social Studies
T: 0151 231 5175
E: APSadmissions@ljmu.ac.uk