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Pharmaceutical Formulation and Entrepreneurship MSc

This MSc will provide students with the skills and knowledge to allow them to participate effectively in the creation and growth of high-impact pharmaceutical business ventures. Its graduates will be ideally positioned to initiate their own start-up companies or join existing biotech or pharmaceutical businesses.

Covid-19 programme updates

Due to COVID-19, there may have been updates to this programme for the 2020 academic year. Where there has been an update, these are indicated with a red alert and a link which will provide further information.

Key information

Programme starts

September 2020

Modes and duration

Full time: 1 year

Application dates

All applicants
Open: 1 November 2019
Close: 11 August 2020
Notification
Due to the large number of applications received, this programme is no longer accepting applications for 2020/21 entry. We apologise for any inconvenience caused. Applications for 2021/22 entry will open later in the year.

Tuition fees (2020/21)

UK/EU:
£15,050 (FT)
Overseas:
£28,930 (FT)


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.

Accreditation:

Satisfies the academic requirements for the award of Chartered Chemist (CChem) for students entering the programme between 2018 and 2023 who take the four optional chemistry modules.

Location: London, Bloomsbury

Entry requirements

An upper second-class UK Bachelor's degree or higher in pharmacy, pharmaceutical science, chemistry, chemical engineering, materials science, biotechnology, pharmaceutics or a related field in the life or physical sciences, or an overseas qualification of an equivalent standard is required.

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: Good

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

Students will learn how to develop and assess a new business concept, and how to raise finance for and market a business and its outputs. They will build their scientific skill set by exploring four scientific research areas in pharmaceutics, and will interact closely with and be mentored by those who have direct experience of initiating a start-up business.

Students undertake modules to the value of 180 credits.

The programme consists of four compulsory modules (60 credits), four optional modules (60 credits), a scientific research project (30 credits) and a business case development project (30 credits).

Upon successful completion of 180 credits, you will be awarded a MSc in Pharmaceutical Formulation 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

  • Mastering Entrepreneurship
  • Business for Bioscience
  • Entrepreneurial Finance
  • Initiating a Pharmaceutical Start-Up

Optional modules

Students select three optional modules in term one (from a choice of four), and a further optional module (from a choice of five) in term two.

  • Term One
  • Analysis and Quality Control
  • Preformulation
  • Formulation of Small Molecules
  • Personalised Medicine
  • Term Two
  • Pharmaceutical Biotechnology
  • Clinical Pharmaceutics
  • Nanomedicine
  • Formulation of Natural Products and Cosmeceuticals
  • Polymers in Drug Delivery
  • Pharmacometrics
Covid-19 module updates
Due to COVID-19, there may be updates to the modules for your chosen programme of study this year. Some modules may not be available or may need to be moved to a later term or year of study. These updates are relevant for 2020-21 academic year only.  The full list of modules will be available in the module catalogue from late August.  From the first week of September, you will be invited to complete module selection from Portico, our student record system. There may need to be additional updates or changes to modules during the academic year to allow for new guidance from the UK Government and Public Health England. Your department shall keep you updated of these changes as they become available.

Dissertation/report

Students undertake two projects which culminate in two written reports and oral presentations. One is a short laboratory research project, while the second involves the development of a business case for a new pharmaceutical endeavour.

Covid-19 field trip updates
Due to COVID-19 updates, there may need to be changes to planned field trips for this programme. This will depend on travel restrictions, social distancing measures, and the availability of the relevant venues. Your department will keep you updated if field trips are able to occur and/or any alternative options available.

Teaching and learning

The programme is delivered through a combination of lectures, tutorials, seminars and practical sessions, as well as industrial visits. Assessment is through a combination of written examinations, coursework assignments and project work.

Covid-19 contact hours on campus
In Term One, while campus will be open, all the learning activity for the core content of your modules will take place online – including lectures, tutorials, seminars and assessments. By “core content” we mean everything you need to learn to complete the module successfully. In addition to these online contact hours, we will be offering some face-to-face educational activities for students on campus, and we will provide alternative online activities for those students unable to join us on campus. These activities, which will include contact with academic staff, will be relevant to your programme of study may include seminars, academic and employability skills workshops, small-group or individual tutorials, lab and practice-based teaching. UK Government safety guidelines will limit the amount of ‘in person’ activity we can offer and while it will vary from programme to programme, is likely to be no more than 1-2 hours per week. This will vary across departments, particularly if your programme includes laboratory/practical/studio/workshop sessions. You will be updated with more specific details as they are available and your timetable will indicate which sessions will be on campus and which will be available online.
Covid-19 practical component updates
Due to COVID-19, there may be changes to the availability of the practical components for your chosen programme. Any updates relate only to the 20/21 academic year and may not apply to all students across the programme depending on your year of study.  Your department will keep you updated if the practical component of your programme is able to occur and/or any alternative options available.   There may need to be additional updates or changes to the practical component during the academic year to allow for new guidance from the UK Government and/or Public Health England. Your department shall keep you updated of these changes as they become available. 
Covid-19 assessment updates
There may be changes to the format of assessments for modules in this programme due to COVID-19. These will be summarised for each module on the module catalogue from 17 August 2020.   If any changes to assessments need to be made during the academic year due to updates in government guidance, these will be communicated to you as soon as possible from your department.    
Communicating further Covid-19 mitigation plans
We are continuing to follow UK Government guidance, as well as the expertise of our researchers, including specialists in health, education, human behaviour and infection prevention, to make sure UCL is as safe as possible during the COVID-19 pandemic. If it becomes necessary to make further changes to your programme as a result of new guidance/regulations, UCL and your department will communicate these as soon as this becomes clear. We will keep you up-to-date with our plans throughout term one, so you have the information you need to be able to take decisions that are right for your circumstances. Please ensure that you keep in touch with your department by regularly checking your UCL emails, Moodle courses, the Coronavirus FAQs for Students page and any UCL online groups or social media you follow.

Additional costs

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

Accessibility

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

Funding

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

Careers

Graduates from this MSc find work in various areas of the pharmaceutical and biotechnology industries. They are fully equipped with the skills to start their own businesses, and can approach UCL Innovation and Enterprise to assist with this if desired. Alternatively, they may join small biotech or major pharmaceutical companies, pursue further research in academia, work in consulting, or join world-leading technology companies where there is increasing emphasis on healthcare and the life sciences. For instance, recent graduates have undertaken PhD research at the University of Cambridge or found work with start-ups such as Intract Pharma.

Employability

Employability skills are embedded in the programme, with emphasis placed on the development of "soft" skills and a series of workshop sessions organised on CV writing, undertaking interviews, and networking. We make extensive efforts to provide opportunities for students to meet with potential employers. Students from this MSc are highly competitive in the global jobs market.

Why study this degree at UCL?

This programme is unique in equipping students with a broad skill set in both medicines design and entrepreneurship. It is delivered by world-leading academics in both the UCL School of Pharmacy and UCL School of Management.

UCL staff with direct experience of launching a pharmaceutical start-up will teach students best practice and how to overcome the major challenges involved in enterprises of this kind.

UCL’s central London location combines state-of-the-art research with an entrepreneurial dynamic that fosters start-up creation, and provides access to venture capitalists, business angels, and world-leading pharmaceutical companies. UCL Innovation and Enterprise, UCL’s centre for entrepreneurship and business interaction, offers UCL students direct practical support in launching a business.

Accreditation:

Satisfies the academic requirements for the award of Chartered Chemist (CChem) for students entering the programme between 2018 and 2023 who take the four optional chemistry modules.

Department: School of Pharmacy

Application and next steps

Applications

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.

There is an application processing fee for this programme of £80 for online applications and £105 for paper applications. Further information can be found at: www.ucl.ac.uk/prospective-students/graduate/taught/application.

Who can apply?

The programme is suitable for graduates with a first degree in a physical or life science, not necessarily pharmacy, who wish to launch a business in the pharmaceutical sector or join one of the many fast-growing biotech companies in the UK or worldwide. Those interested in joining major pharmaceutical companies will also benefit.

Application deadlines

All applicants
11 August 2020

For more information see our Applications page.

Apply now

What are we looking for?

When we assess your application we would like to learn:

  • how your academic and professional background meets the demands of Pharmaceutical Formulation and Entrepreneurship
  • why you want to study Pharmaceutical Formulation and Entrepreneurship at graduate level
  • what particularly attracts you to this programme at the UCL School of Pharmacy/ UCL School of Management
  • where you would like to go professionally with your degree and how this programme meets these needs

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 13 August 2020