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Prosperity, Innovation and Entrepreneurship MSc

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.

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
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: 1 November 2019
Close: 11 August 2020
Part-time and modular/flexible 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)
£7,410 (PT)
Overseas:
£24,000 (FT)
£12,000 (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.

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

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

  • Transformative Entrepreneurship and Prosperity: Core Concepts (15 credits)
  • Transformative Entrepreneurship and Prosperity: Design (15 credits)
  • Researching Transformative Entrepreneurship (15 credits)
  • Connected Innovation Project (15 credits)
  • Dissertation in Prosperity, Innovation and Entrepreneurship (90 credits)

Optional modules

  • Debt, Finance and Prosperity (15 credits)
  • China and Global Prosperity (15 credits)
  • Urban Futures and Prosperity (15 credits)
  • Pathways to Prosperity 1: Global Legacies (15 credits)
  • Pathways to Prosperity 2: Global Futures (15 credits)
  • Research Methods 1: Measuring Global Prosperity (15 credits)
  • 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.

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

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.

Fieldwork

Some of the modules will include short, 1-day field trips, to take place locally. You can also undertake fieldwork, both in the UK or elsewhere in the world – after approval by the Programme Leader – as part of your dissertation.


Placement

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.

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 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

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.

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

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.

Commonwealth Shared Scholarship Scheme (CSSS)

Note:
Applications for this scholarship are now closed for 2020/21
Value:
Full fees, flights, stipend, and other allowances (1 year)
Eligibility:
Overseas
Criteria:
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.

Careers

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

Employability

After graduation, you will be expected to go on to define new routes to prosperity through working in entrepreneurship and innovation policy and practice. IGP's extensive network of external partners and alumni will benefit students in building their careers and especially in their entrepreneurial endeavours.

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 Department, 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

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.

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
11 August 2020
Part-time and modular/flexible 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:

  • 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 13 August 2020