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MSc International Business and Entrepreneurship

Why we're great

  • You are taught by guest lecturers, policy-makers and practitioners from around the world.
  • More than half of our students and staff join us from overseas – we’re an international business community.
  • You can choose to complete a business plan instead of a dissertation.

Course options2017-18

Duration: 1 year
Start month: October
Location: Southend Campus
Based in: Essex Business School
Fee (Home/EU): £10,200
Fee (International): £15,950
Fees will increase for each academic year of study.
PGT fees information

Duration: 2 years
Start month: October
Location: Southend Campus
Based in: Essex Business School
Fee (Home/EU): £5,100
Fee (International): £7,975
Fees will increase for each academic year of study.
PGT fees information

Course enquiries

Telephone 01206 872719
Email pgadmit@essex.ac.uk

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About the course

How does an organisation expand internationally? How is entrepreneurship applied in different countries and cultures?

Our MSc International Business and Entrepreneurship explores the theoretical and practical aspects of starting, growing and developing businesses across international borders. You examine different types of international business activity and the theories and innovative approaches to new business creation in different cultural and economic contexts. You do not need to have previously studied business to apply for this course.

You explore topics including:

  • international expansion models
  • applying economic theory to business management
  • international trade theories and practices
  • international business environments
  • economic, sociological, psychological and managerial theories of entrepreneurship
  • how to develop an international business plan

This course develops your practical business skills and theoretical knowledge, so you’re best prepared to launch your own venture, or apply entrepreneurship in an existing company.

Essex is an exciting and highly relevant place to study international business and entrepreneurship. Our county has more start-up businesses than any other in the UK and Essex Business School, where this course is taught, attracts students and academics from all over the world; our current Masters students join us from more than 40 countries across our Colchester and Southend campuses. Our School is ranked in the UK top 20 by the Chartered Association of Business Schools and in the top 25 for research excellence (REF 2014).

MSc International Business and Entrepreneurship is also available to study part-time.

The University of Essex offer a number of scholarships and discounts for Masters students, including those for overseas applicants.

“I’m an International Project Manager for Soho Flordis International, a natural medicine company. My role demands interaction with stakeholders from different countries and cultures. The knowledge and experience I gained during my Masters has been invaluable, both in my current position and previous roles at Microsoft and REFA General Trading L.L.C in Dubai.”

Salman Parsinejad, MSc International Business and Entrepreneurship (2011)

Our expert staff

You’re taught by guest lecturers, policy-makers and practitioners from around the world. Our world renowned staff have worked in and written about a diverse range or organisations. They use social science theories to tackle the business challenges being faced by organisations in commercial, public and not-for-profit sectors across the globe.

Our Management Science and Entrepreneurship Group produces cutting-edge research into issues affecting the sustainable growth of business, society and the economy. Essex Business School is also home to the Business and Local Government Data Research Centre, where many of our academics explore issues impacting entrepreneurship and innovation, such as local economic growth and access to broadband.

Specialist facilities

This course is taught at our Southend Campus, where you benefit from superb learning facilities and study skills support.

The Forum is an award-winning building with space dedicated to University of Essex students, as well as 24-hour computer suites and study pods.

The town of Southend-on-Sea has excellent rail links to London, providing potential for networking and internships and London Southend Airport is close by. You are amongst the buzz of the High Street’s shops, bars and restaurants, as well as the fun of the seafront, with its award-winning beach.

Your future

Essex Business School seeks to create the organisational leaders of the future. Creativity, innovation and ethical awareness are central to our teaching and research, ensuring we provide you with the relevant skills to tackle the demands of the international business world. In 2014, 87% of all of our Masters leavers were in work or further study within six months of graduating.

Our degrees open up careers in financial analysis, management, public administration and accountancy. We also inspire you with the confidence to start your own business, should you wish.

Read our graduate profiles to see the types of organisations our alumni work for.

Together with the University’s Employability and Careers Centre we provide a number of opportunities to enhance your employability. We help you to find out about further work experience, internships, placements and voluntary opportunities.

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Example structure

Postgraduate study is the chance to take your education to the next level. The combination of compulsory and optional modules means our courses help you develop extensive knowledge in your chosen discipline, whilst providing plenty of freedom to pursue your own interests. Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.

For many of our courses you’ll have a wide range of optional modules to choose from – those listed in this example structure are, in many instances, just a selection of those available. Our Programme Specification gives more detail about the structure available to our current postgraduate students, including details of all optional modules.

Year 1

Achieve an advanced understanding of international business and strategy, and the content and processes of different international expansion modes. You examine why firms enter international markets, and explore different forms of international growth by observing current business practice, case study evidence and theory.

In this module, you complete an international business plan instead of a dissertation, outlining how, when and why an organisation should expand overseas. By undertaking this project, you learn to identify opportunities and challenges facing entrepreneurial firms of different sizes. You gain an advanced understanding of globalisation, including issues such as imports and exports, offshoring, foreign direct investment and licensing. Other topics of study include franchising, management contracts, turnkey operation, tourism and transportation.

Managerial Economics applies economic theory to business management, decision making and forward planning. This module explores how economic concepts, such as profit, demand, cost, pricing production, competition and business cycles, can be used to solve business problems.

Matching the ability to supply a product or service with customer demand is vital for any organisation. Excess supply can lead to wastage and increased costs, but too little can irritate customers and result in lost revenue. Supply chain management is a complex and challenging task, but, done right, it can create significant competitive advantage. This module explores how organisations manage their product range and operations to best align supply with demand in a global environment, categorised by expanding product variety, increasing outsourcing, and continuous advances in business analytics. You explore areas such as industry competition, resource allocation, organisational learning and competitive dynamics.

Gain the key skills and competencies to carry out management research or prepare a comprehensive business plan, suitable for the completion of a Masters level programme. You address the philosophical issues underlying management research, and discover how to select methods and judge the quality and value of research outcomes.

Gain an advanced understanding of the external context within which international businesses operate, and the opportunities and challenges this poses to entrepreneurial firms, large and small. You are introduced to key international trade theories and practices, and the application of these to the study of entrepreneurship. You also discuss the external challenges facing international firms, particularly economic, financial, political-legal, technological and cultural challenges.

This module equips you with a critical understanding of a range of economic, sociological, psychological and managerial theories of enterprise creation and development. Live examples, case studies and journal articles show how these theories apply in practice to real business situations. Working in groups and individually, you have the opportunity to suggest strategies for responding to the issues raised in these case studies. Topics include new business creation, innovative growth and the impact of entrepreneurship on economic and social development.

Develop the skills and knowledge necessary to manage product development projects in an international business environment, with particular focus on product design methodologies and project management techniques. You explore the hard side of managing global product development projects and the soft issues such as idea generation/selection and teamwork that must be dealt with in order to ensure success of the product development projects.

Explore the impact of internationalization processes on human behaviour within organisations from an international perspective, identifying key aspects of human resource management in multinational firms. You gain an understanding of cross-cultural dimensions of international management, and comprehend trends and challenges in the global work environment

Teaching

We develop your practical business skills to make you more employable:

  • tailor your degree to your career goals with our wide range of optional modules
  • our teaching combines group working, applied projects and guest practitioner lectures
  • our courses focus on practical applications and links with industry
  • hear from cutting-edge researchers in our open seminar series
  • research is embedded into our curriculum, so you graduate ready to tackle current entrepreneurial issues

Assessment

  • Regular assessment is by coursework, presentations, case studies, group work, tests and examinations

Dissertation

  • You submit a 15,000 word dissertation or an international business plan

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Qualifications

UK entry requirements

A 1st, 2:1 or good 2:2 degree, or equivalent, in any discipline.

International and EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Email pgadmit@essex.ac.uk for further details about the qualifications we accept. Include information in your email about the undergraduate qualification you have already completed or are currently taking.

IELTS entry requirements

If English isn’t your first language, we require IELTS 6.5 overall with a minimum component score of 5.5

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

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Visit us

Open days

We hold postgraduate events in February/March and November, and open days for all our applicants throughout the year. Our Southend Campus events are a great way to find out more about studying at Essex, and give you the chance to:

  • tour our campus and accommodation
  • find out answers to your questions about our courses, student finance, graduate employability, student support and more
  • meet our students and staff

If the dates of our organised events aren’t suitable for you, feel free to get in touch by emailing southend@essex.ac.uk and we’ll arrange an individual campus tour for you.

Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360 degree virtual tour allows you to explore the Southend Campus from the comfort of your home. Check out our accommodation options, facilities and social spaces.

Exhibitions

Our staff travel the world to speak to people about the courses on offer at Essex. Take a look at our list of exhibition dates to see if we’ll be near you in the future.

Applying

You can apply for our postgraduate courses online. You’ll need to provide us with your academic qualifications, as well as supporting documents such as transcripts, English language qualifications and certificates. You can find a list of necessary documents online, but please note we won’t be able to process your application until we have everything we need.

There is no application deadline but we recommend that you apply before 1 July for our taught courses starting in October. We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.

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