UCL Institute for Global Prosperity


Programme overview and modules

The MSc Prosperity, Innovation and Entrepreneurship 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.

Key information

Programme starts

September 2021

Modes and duration

Full time: 1 year
Part time: 2 years
Flexible: up to 5 years

Part-time students normally study half the amount of full-time (i.e. around 19h/week with 1 day in attendance). Modular flexible students’ study will depend on the number of modules taken per year.

Application dates

Full-time applicants
Open: 9 November 2020
Close: 31 May 2021
Applications may close earlier if all places on the programme are filled.

Tuition fees (2021/22)

£16,000 (FT)
£8,000 (PT)
£25,800 (FT)
£12,900 (PT)

Note on fees: The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Students website: ucl.ac.uk/students/fees.

Location: London, Bloomsbury

Entry requirements

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.

English language requirements

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.

The English language level for this programme is: Standard

Pre-Master's and Pre-sessional English

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. International Preparation Courses

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

International students

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.

International applicants can find out the equivalent qualification for their country by selecting from the list below.

Select your country:

About this degree

The degree is an opportunity to explore the topic of transformative entrepreneurship through theory, research methods, design thinking, an applied project and dissertation. It embraces a critical and progressive view of transformative entrepreneurship, drawing on emergent theories of entrepreneurship, such as community-based enterprise and effectuation, as well as feminist perspectives and social impact. The connected innovation module will also give you an opportunity to work with IGP partners on a transformative entrepreneurship and innovation project.

Students undertake modules to the value of 180 credits.

The programme consists of four core modules (60 credits), two optional/elective modules (30 credits) and a dissertation (90 credits).

Upon successful completion of 180 credits, you will be awarded a MSc in Prosperity, Innovation and Entrepreneurship.

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change.

Compulsory modules

  • BGLP0010 - Transformative Entrepreneurship and Prosperity: Core Concepts (15 credits)
  • BGLP0011 - Researching Transformative Entrepreneurship (15 credits)
  • BGLP0012 - Transformative Entrepreneurship and Prosperity: Design (15 credits)
  • BGLP0013 - Connected Innovation Project (15 credits)
  • BGLP0014 - Dissertation in Prosperity, Innovation and Entrepreneurship (90 credits)

Optional modules

In addition to the four compulsory core modules, you must undertake up to 30 credits of elective modules. You will be able to choose from the following IGP offer:

  • BGLP0007 - Debt, Finance and Prosperity (15 credits)
  • BGLP0008 - China and Global Prosperity (15 credits)
  • BGLP0009 - Urban Futures and Prosperity (15 credits)
  • BGLP0001 - Pathways to Prosperity 1: Global Legacies (15 credits)
  • BGLP0003 - Pathways to Prosperity 2: Global Futures (15 credits)
  • BGLP0004 - Research Methods 2: Problem-solving for Global Prosperity (15 credits)

And/or other modules across UCL, subject to timetabling, availability and approval by the home and teaching department.


All students undertake an independent research project leading to a dissertation (15,000 words). The dissertation is flexible to different research approaches and methods. It is an opportunity for you to demonstrate command of the relevant literature, research design and methods, as well as capacity for analysis and contribution to research.


Short, half-day field trips are a component of some of our modules. We still expect to be able to deliver these field trips subject to COVID-19-related guidance, either in person under regulations that may involve distancing or other precautionary measures, or using a range of virtual and case-study formats, depending on the situation at the time.

Fieldwork related to your dissertation, both in the UK or elsewhere in the world, will need to be assessed in discussion with the Programme Leader and according to the circumstances at the time.


The Connected Innovation Project module allows you to work on a project in collaboration with a partner of the Institute for Global Prosperity or another external organization. These are not conceptualized as a formal internship.

Teaching and learning

The programme is delivered through targeted and innovative learning methods, including lectures, seminars, case studies, group work and student presentations. You will be assessed through a range of both formative and summative means. These will include formative group work and in class-discussions and presentations, followed by summative group/individual projects and presentations, reports and essays. Assessment culminates in the dissertation.

Additional costs

If you are concerned by potential additional costs for books, equipment, etc. on this programme, please get in touch with the Programme Administrator, Dr Andres Vicente (a.vicente@ucl.ac.uk).

For more information on additional costs for prospective students please go to our estimated cost of essential expenditure at Accommodation and living costs.


Details of the accessibility of UCL buildings can be obtained from AccessAble accessable.co.uk. Further information can also be obtained from the UCL Student Support & Wellbeing team.


UCL offers a range of financial awards aimed at assisting both prospective and current students with their studies.

Any additional funding available from the UCL Institute for Global Prosperity and the Built Environment Faculty Office are advertised on the respective websites.

Scholarships relevant to this department are displayed below.

Bartlett Promise Scholarship - Master's

Deadline: 31 May 2021
Tuition fees plus £15,364 maintenance/yr (Duration of programme)
Based on financial need

Institute for Global Prosperity BAME Scholarship

Deadline: 11.59pm (BST), Friday 16 July 2021
£2,500 towards tuition fees (1yr)
Based on both academic merit and financial need

Commonwealth Shared Scholarship Scheme (CSSS)

Applications for this scholarship are now closed for 2021/22
Full fees, flights, stipend, and other allowances (1 year)
Based on both academic merit and financial need

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.


This programme will prepare you for different career avenues including working in entrepreneurial start-ups or corporations in the fields of innovation, intrapraneurship (entrepreneurial activity by employees within a company) or sustainability, or on entrepreneurship interventions in the non-profit, public and social policy sectors.


Through lectures and compulsory seminars and skills sessions, the programme is designed to help you develop a range of transferable intellectual, practical and leadership skills, which will prepare you for a wide range of careers. Throughout, students are encouraged to think beyond current economic and social models and to see themselves as future transformative leaders within their chosen career pathway.

Why study this degree at UCL?

The mission of the Institute for Global Prosperity (IGP) is to rethink social and environmental prosperity and to generate new entrepreneurial models and measures to deliver prosperity. Prosperous communities are socially inclusive, equitable and sustainable; however, radical changes are required to overcome today's grand challenges and to enact such prosperity.

The IGP is pioneering research into questions of prosperity and driving forward novel transdisciplinary engagements to deliver new, more prosperous social and economic forms. As a student in the Institute, you will have the opportunity to become part of this emerging community, to learn from and participate in our research, and to help shape debates around what a prosperous society should be. We expect you to become value-driven leaders and entrepreneurs who go on to deploy in your future careers the ideas and practices you have learnt.

You will have the opportunity to engage with a range of IGP researchers, partners and affiliated fellows with possibilities of developing academic, policy or entrepreneurship projects. As a multidisciplinary global university with wide resources at its disposal, UCL is the ideal environment in which to study transformative entrepreneurship.

Department: Institute for Global Prosperity

Application and next steps


Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.

This programme requires two references. Further information regarding references can be found in our How to apply section.

There is an application processing fee for this programme of £90 for online applications and £115 for paper applications. Further information can be found at: ucl.ac.uk/prospective-students/graduate/taught/application.

Who can apply?

This programme will appeal to a range of students from around the world. In particular, individuals who already have a postgraduate degree and/or significant real-world experience in business, social entrepreneurship, government as well as social justice and non-profit organisations are encouraged to apply.

Application deadlines

Full-time applicants
31 May 2021

For more information see our Applications page.

Apply now

What are we looking for?

When we assess your application we would like to learn:

  • why you want to study Prosperity, Innovation and Entrepreneurship at graduate level
  • why you want to study Prosperity, Innovation and Entrepreneurship at UCL
  • what particularly attracts you to this programme
  • how your academic and professional background meets the demands of this challenging programme
  • where you would like to go professionally with your degree

Together with essential academic requirements, the personal statement is your opportunity to illustrate whether your reasons for applying to this programme match what the programme will deliver.

UCL is regulated by the Office for Students.

Page last modified on 28 August 2021