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Technology Entrepreneurship (MSc)

Course Description

The Technology Entrepreneurship MSc equips graduates that have a strong desire to be an entrepreneur with the skills and knowledge needed to develop their own start-up businesses. The programme provides an effective grounding across a wide range of the applied disciplines required for the effective management of technical ventures.

See the website http://www.ucl.ac.uk/prospective-students/graduate/taught/degrees/technology-entrepreneurship-msc

Key Information

- Application dates
All applicants:
Open: 5 October 2015
Close: 29 July 2016
Optional qualifications: This degree is also available as a PG Diploma and a PG Certificate with fees set accordingly.

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 http://www.ucl.ac.uk/prospective-students/graduate/life/international/english-requirements .

International students

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from http://www.ucl.ac.uk/prospective-students/international .

Degree Information

Students gain a solid core of business, project management and team working skills, and are given the opportunity to hone their technical skills. For students who wish to develop their business idea following graduation, assistance is given in making valuable contacts with potential investors, business partners, venture capitalists and clients.

Students undertake modules to the value of 180 credits.

The programme consists of eight core modules (120 credits), and a research dissertation (60 credits).

A Postgraduate Diploma (120 credits, full-time nine months, part-time two years) is offered to students who are unable to complete the standard 180 credits.

A Postgraduate Certificate (60 credits, full-time three months, part-time nine months) is offered to students who are unable to complete the standard 180 credits.

- Core Modules
New Technology Ventures
Effectual Entrepreneurship
Entrepreneurial Marketing
Managing High-technology Organisations
Entrepreneurial Finance
New Venture Analytics
Strategy for High-tech Ventures

- Options
There are no optional modules for this programme.

- Dissertation/report
All students undertake an independent research project which includes a high-quality business or new venture plan as part of their 15,000-word dissertation.

Teaching and Learning

The programme is delivered through a combination of lectures, seminars, and class discussion. Students are given the opportunity to attend weekly lectures from leading global entrepreneurs and venture capitalists. Assessment is through presentations, course work, long-essay, class participation, open-book and unseen examination, and the dissertation.

Further information on modules and degree structure available on the department web site Technology Entrepreneurship MSc https://www.mgmt.ucl.ac.uk/msc-technology-entrepreneurship


Scholarships relevant to this department are displayed (where available) below. For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website http://www.ucl.ac.uk/prospective-students/scholarships .


Former Technology Entrepreneurship MSc students have gone on to create start-up companies such as: http://www.wowzer.com, and http://www.vungle.com, work for high-profile companies such as Barclays, Lloyds, Delloite, Tesco, UBS, Pegatron, Bank of New York, France Telecom, Tradedoubler, or higher education institutions such as UCL, Imperial College, Aberdeen University and the University of Cape Town.

Top career destinations for this degree:
- CEO, Wish Bird (2013)
- CEO, Blue Ronin (2013)
- CEO, We Like Shopping (2013)
- CEO, Jive Bike (2012)
- CEO, Vungle.com (2012)

Why study this degree at UCL?

UCL Management Science & Innovation offers a unique research and education programme with a focus on technology management, innovation, creation/growth of technology-intensive organisations, operations research, and entrepreneurship.

Technology Entrepreneurship MSc students have access to world-class technical expertise and resources within a structured framework of support and formal business education, backed up with strong links to UCL Advances.

Students have access to a wide range of innovation-focused initiatives and events at UCL, including the London Entrepreneurs' Challenge, weekly networking events and the Knowledge Exchange Associates scheme. UCL is based near London's 'Tech City'.

Student / staff ratios › 69 staff including 6 postdocs › 216 taught students › 5 research students

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?
The programme is suitable for recent graduates who intend to work in business but require specific training in the sector, for entrepreneurs who wish to found a business but need additional skills, resources and infrastructure, and for those in employment who wish to gain new skills for career development.

What are we looking for?
Together with essential academic requirements, the personal statement is your opportunity to explain your reasons for applying to study this particular MSc programme. The course requires that applicants have clear entrepreneurial ambitions and so you need to provide evidence of having begun to pursue these. In assessing your application, we also require you to clearly demonstrate why you want to study Technology and Entrepreneurship at UCL and how you hope to develop your future career as an entrepreneur with reference to the core course modules we offer.

For more information see the Applications page http://www.ucl.ac.uk/prospective-students/graduate/apply .

Visit the Technology Entrepreneurship (MSc) page on the University College London website for more details!

All Available Videos:

(Student Profile)

Rodrigo Martinez

631.jpg Rodrigo Martinez completed his first degree in Computer Science at Kingston University. After graduation he worked for Satyam Computer Services before joining global online recruitment company Monster in Prague. It was after transferring to Monster’s London office that he decided to study for a Masters degree.

Rodrigo had a very clear idea of the kind of course he wanted but nothing stood out until he found the MSc in Technology Entrepreneurship (TE) at University College London:

“I knew as soon as I saw the name of the course that it was right for me,” he says. “I have always been fascinated by technology but I’ve always been more drawn to the strategy side and the creation of innovative products and services; my passion is in the creation of new ideas and how technology can make these a reality. The fact that the course is offered by UCL, which is very well respected, made it even more appealing.”

Rodrigo feels the course is especially good for motivated students. “Everything is there if you want it, from help with your business plan to networking with the wider business community. You get as much out of the course as you’re prepared to put in.”

Since completing the MSc programme, Rodrigo and fellow TE student, Kes Thygesen, have set up their own company, Inovaz, with three business partners, based in Guadalajara (considered to be the Silicone Valley of Mexico).

They recently launched their first UK project, FatStudent, an online platform designed specifically for students. The idea for FatStudent was conceived while on the MSc TE course.

Rodrigo comments: “Central to the course programme is to develop a new business idea, research its viability and then write a business plan, which is how the idea for FatStudent started. It’s exciting that we are now going to be able to turn this idea into a real business.”

He adds: “I’m sure I would have got there on my own eventually, but MSc TE has made it happen so much faster.”

(Student Profile)

Barbara Ngouyonbo

632.jpg Barbara Ngouyonbo moved to London from Tokyo where she worked for the French Embassy, specifically to study for the MSc in Technology Entrepreneurship (TE) at University College London.

Having been awarded second place across Europe in the prestigious Cartier Competition on the strength of the business plan she developed whilst on the TE MSc, Barbara is currently seeking funding for her nascent business, Anoigma; the company’s first project is an electronic device which holds a patient’s medical records and be easily carried on their person and accessed anywhere in the world, either on or offline. More>>

She says: “I wanted to do a course in entrepreneurship and knew it had to be in London as it’s the centre of entrepreneurship in Europe. I looked at different business schools and then I saw the TE course; I’m an engineer with a technical background, so it was totally relevant for me. UCL also has an excellent reputation so I knew the TE MSc would be of a high standard.”

Barbara found the course to be a challenging and valuable experience: “Doing the MSc helped to put my business idea on track. It taught me to think analytically and gave me a thorough grounding on the essential skills needed for business; the strategy, project management and risk analysis modules were especially useful.”

She continues: “The networking part of the course was also excellent – as well as being an important skill for any entrepreneur, it opened us up to influences outside the University and introduced us to a range of potential business contacts.”

Barbara singles out the quality of the teaching on the TE MSc for special praise. She comments: “The faculty staff are great. They are all entrepreneurial themselves which means they have practical experience as well as theoretical knowledge which makes a huge difference. The course tutors continually pushed us to make sure we were out of our comfort zones, so we would progress as much as possible.”

(Student Profile)

Vincent Kock

Vincent Kock studied Industrial Engineering at undergraduate and masters level in The Netherlands, and completed a business course as part of a student exchange programme in Denmark before moving to London to study for the MSc in Technology Entrepreneurship (TE).

“I looked at MBA courses all around the world before I chose the TE course at UCL,” says Vincent. “A lot of MBAs are entirely theoretical but business isn’t something you can just learn from a book - you have to get out there and do it.” He continues: “I liked the fact that UCL has close connections with London Business School, plus the entrepreneurial element of the TE course, combined with its highly practical approach to learning, was very attractive.”

For Vincent the primary value of the TE course was the fact that it taught him how to apply entrepreneurial thinking across a broad spectrum of business structures: “TE gives a good overview of what you need for both existing business and start-ups, and innovation is key for both of these,” he says. “The legacy systems in established companies have an expiration date so being able to apply new ways of thinking within traditional business models opens up exciting career opportunities.”

Vincent knew that he wanted to work in business after graduation from UCL rather than launch a new venture. As a result of meeting a recruitment agency at one of UCL’s networking events, he joined Barclays as a graduate in operations. “I’m currently part of a global Risk Management team as an analyst but will probably be moving into Change Management next year. It’s a very exciting place to be right now.”

Vincent considers UCL to be an excellent place to study. “Innovation is in the genes of UCL which makes it a very inspiring environment to be in. The whole MS&I department is a good example of how UCL is serious about innovation and entrepreneurship - everything from the TE course to the UCL Enterprise Awards demonstrates their commitment.”

He adds: “Work really starts when university stops, but UCL’s MSc in Technology Entrepreneurship comes as close as possible to what business is really about.”


Entry Requirements

Normally a minimum of an upper second-class Bachelor's degree from a UK university in technology, engineering, medicine or mathematics, or an overseas qualification of an equivalent standard. Candidates with alternative qualifications may be considered and should seek advice from the department.

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