Masters (MS) in Entrepreneurship & Innovation Abroad


The market of entrepreneurship & innovation is on rise. Every top country including US, UK, Canada, and Italy are among the top ones where the entrepreneurship and innovation process is adopted. Since the demand for fresh entrepreneurs and innovative minds is in demand, more and more students prefer pursuing MS in entrepreneurship and innovation programs. The goal of masters in entrepreneurship & innovation is to provide you the knowledge and skills necessary to launch or manage a successful firm. You'll gain a thorough understanding of a variety of topics, including leadership, management, marketing, and business.

For students who are passionate about adding value to their profession, a master in entrepreneurship and innovation is best. An excellent method to develop and explore your business ideas, grow your network of contacts, and learn business theory and skills is to enrol in an entrepreneurship program abroad.As an international student, you will have the chance to study entrepreneurship in popular study abroad countries including the US, Australia, Switzerland, and Canada as an international student.

Why Study Master's Degree in Entrepreneurship and Innovation Abroad?

Top universities abroad cover concepts from finance, management, marketing, and mathematics under the master's degree in entrepreneurship and innovation. Its main goal is to produce the most profit using the fewest resources possible. International students are able to foresee the invention's commercial potential and gather the funds, talent, and other resources needed to translate the invention into a transformation or innovation that is commercially viable. Some of the other reasons are:

  1. Selective Courses

Depending on the school and the specialisation, the course will have a different format. Some of the core courses for entrepreneurs include marketing management, operations management, and finance for entrepreneurs, and business fundamentals. Additionally, many schools offer students with practical learning situations, giving them the chance to develop entrepreneurial abilities.

  1. Short Duration

MS in entrepreneurship and innovation is a short course compared to other master courses. The course is usually divided into 3 to 4 semesters; international students will be required to prepare a thesis under the administration of a faculty member at most schools. This project assists aspiring entrepreneurs in working on their start-ups or directing possibility and effectiveness studies on business opportunities.  

  1. Global Connection

Pursuing masters in entrepreneurship and innovation abroad helps international students to connect with professionals who are either opening or operating successful initiatives. Some universities abroad also conduct seminars as a part of the degree program, and students have the opportunity to meet famous individuals in their fields. This communication between entrepreneurs and students will help them know all sorts of ideas and permit them to boost and improve their thoughts.

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Course Structure

Pursuing masters in entrepreneurship and innovation is quite promising for international students as they get the best practical exposure. Depending on the university you're attending, the course structure may vary.

You can pursue MS in entrepreneurship and innovation abroad with having work experience prior to the course. This will help you get better exposure to the field. Let us check the course structure for the MS in entrepreneurship and innovation.

  1. Course Duration- The usual duration of this masters course is around 1-2 years. Most of the top universities offer placement for students.
  2. Core Courses Structure- Masters in Entrepreneurship is the supreme course for forthcoming entrepreneurs who aim to set up and progress their business with time. The core courses generally cover fundamental business topics for entrepreneurs including:
  • Marketing Management
  • Strategic Management
  •  Finance for Entrepreneurs
  • Operations Management
  • Fundamentals of Entrepreneurship

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Course Subjects

The course structure provides consistent and sufficient understanding to international students who want to be a part of the entrepreneurial world.The focus of the curriculum is on giving you practical experience in the field to improve your innovative and proactive thinking. Some of the common subjects covered under the masters in entrepreneurship and innovation are:

  • Law
  • Leadership
  • Marketing
  • Operations
  • Strategy

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Top Specializations

Entrepreneurship courses are regularly chosen by students who have a keen interest in the economy, management and leadership. There is a range of specialisation courses offered by top universities for MS in entrepreneurship and innovation. Some of the specialisation courses include-

  1. Social Entrepreneurship
  2. Technology & Innovation Strategy
  3. Intellectual Property Strategy
  4. Venture Implementation
  5. Strategies & Practices of Family-Controlled Companies
  6. Mergers and Acquisitions
  7. Consulting to Growth Companies

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Core Skills

Students pursuing masters in entrepreneurship and innovation abroad need to carry some skills which can further help in professional life. Some of the required skills are:

1. Business Management Skills

You need to have a good insight on business management. Since entrepreneurship revolves around business management, you need to have a good eye on management of the company. The course helps students in building up this skill.

2. Analytical and Problem Solving Skills

Business involves analysing your market and competition. You need to come up with solutions for problems faced. Once you are good at analytical and problem solving, you will be able to face challenges.

3. Good Communication Skills

As an entrepreneur, you will be communicating with different business experts, and to make the discussion successful you need to have good communication skills. The course helps in building strong communication skills.

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When planning to study masters in entrepreneurship & innovation, the program focuses on ideals of practical business knowledge and approaches. And to acquire this specific course in abroad universities, international students need to fulfil the eligibility criteria & requirements to get admitted successfully. The following requirements are: 

  1. Undergraduate Degree
  2. English Language Proficiency Scores
  3. GRE/GMAT Scores
  4. Work Experience
  5. Abroad Student Visa

These are some of the specific requirements to study masters in innovation and entrepreneurship. Let’s know it in detail:

  1. Undergraduate Degree

International students need to present a bachelor's degree certificate from a recognized university in any of the relevant courses of management or entrepreneurship with a 60-70% score.

  1. English Language Tests Scores

When it comes to English language test scores, IELTS, and TOEFL, are important requirements to pursue the masters in entrepreneurship and innovation. These scores are essential not only for admission, but for visa too. In general the score requirement is:

  1. GRE/GMAT Scores

Various universities abroad ask for standardised test scores, i.e. GMAT/GRE scores. However, every university has its own set of scores requirements, but in general, the average score required for admission is:

  • GMAT- 540 or more
  • GRE- 170 or more

  1. Work Experience

Many universities abroad offering MS in entrepreneurship and innovation ask for a minimum of 2 years of work experience to enrol for a full-time master's program.

  1. Passport and Visa

All overseas students who wish to enrol for the masters in entrepreneurship and innovation at any university abroad must have a current passport and a student visa. Ensure to apply for your visa at least 3 months before the anticipated departure date.

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Documents Required to Apply for MS in Entrepreneurship and Innovation

Admission to apply for the best MS in entrepreneurship and innovation requires a set of documents. Some of these important documents are mentioned below.

  1. Education transcripts of previous institutions
  2. Standardised test scores
  3. Letter of Recommendation
  4. English Language Test Scores
  5. GRE/GMAT Score
  6. Updated Resume or CV
  7. Statement of Purpose
  8. Valid Passport
  9. Study Permit

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Admission Process for MS in Entrepreneurship and Innovation

Here is a step-by-step guide to apply for masters in innovation and entrepreneurship at top universities:

  1. Find out the best universities and colleges that offer masters in innovation and entrepreneurship.
  2. Now you need to browse the university websites and collect all the information required for admission to these courses.
  3. Submit all the documents such as test scores, transcripts, certificates, etc.
  4. Fill out your application form with all the necessary details and pay the application fees.
  5. After processing your application, you will be asked to attend an interview as a part of the admission process from the university.
  6. Once you clear the interview, you will get your admission letter and you can book your seat at the college or university.
  7. Pay your tuition fees and start your desired course at the university

Important Resources to Read About Abroad Countries 

Top Scholarships

Students who seek masters in entrepreneurship and innovation in any country will get scholarships that cover the cost of study. Some of the scholarships offered by universities to pursue this masters course are:

  1. Penn GSE Merit-Based Scholarship- US

Scholarships are provided to international students pursuing master’s courses. The awards are generated at the time of application analysis by the academic department and are based on the academic merit score of the application for admission.

Scholarship Eligibility Criteria:

  • International students having good academic records in undergraduate are eligible.
  • Students have to undertake a master’s degree program.

Amount- USD 10,000 (INR 795939)

  1. Dean's Excellence Scholarship Program-UK

The Dean's Excellence Scholarship Program is based on merit and exists to all international students of business school taught Masters. It is offered by the University of Edinburgh Business School to help students in covering the cost of study for master’s courses.

Scholarship Eligibility Criteria:

  • The scholarship program is based on merit and available to all students of business school.
  • Have the potential to subsidise and enhance all aspects of the master’s program and the varied academic and cultural profile of the masters class. 

Amount- USD 10024 (INR 797849.25)

  1. Salford Business School Postgraduate International Excellence Scholarship in UK

The Salford International Excellence Scholarship provides financial assistance to a variety of talented, visionary, and creative international students pursuing undergraduate and graduate degrees with the goal of becoming tomorrow's leaders.

Scholarship Eligibility Criteria:

  • Students seeking grants for masters will need to provide a bachelor's degree certificate and should have 3-4 years of work experience.
  • The student must be given a fee on the international student fee rate.

Amount- USD 5000 (INR 398152)

  1. Chevening Scholarships-UK

Chevening Scholarships is funded by the Foreign and Commonwealth Office (FCO) - for students seeking master's programs in UK. The scholarships are for those who have established success in rising to important positions in a range of professions inside their home countries and who also have a strong sense of determination, desire, and leadership potential.

Scholarship Eligibility Criteria:

  • International students having top academic records are considered. Students must also take part in the master’s program to be under the eligible criteria of scholarship.
  • High scores on the English language proficiency test

Amount- USD 21,964 (INR 17, 56,074.73)

Cost of Studying Master’s Degree in Entrepreneurship and Innovation

When you apply for a master's Degree in entrepreneurship and innovation abroad, you need to consider the overall cost of studying which comprises fees and living.

1. Tuition Fees

The master’s degree in entrepreneurship and innovation fees in most universities and colleges is around- (USD 54,600- 49,998- INR 43, 47,825- 39, 81,365) per year. However, the majority of public universities offer courses at low fees for international students.

2. Cost of Living

Besides study fees, students also need to have enough funds to fill the cost of living in their respective country. On average, the cost of living that covers transportation, accommodation, food, and others is around (USD 1000-2000 INR 79945.50- 159891) monthly.

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Work Opportunities

Jobs Suitable for Entrepreneurship & Innovation

  • Mid-level management. C-level individuals at large companies develop ideas, while the work is done by the ground force.
  • Business consultant.
  • Sales.
  • Research and development.
  • Not-for-profit fundraiser.
  • Recruiter.
  • Business reporter or blogger.
  • Teacher.


Ques. What is the primary learning from MS in entrepreneurship and innovation courses abroad?

Ans: Students will learn the fundamentals of entrepreneurship in this course, as well as how to use their ideas and actions to add value and make money.

Ques: What is the duration of the Master’s in entrepreneurship program?

Ans: The usual duration of this course is 1-2 years in all major countries and universities.

Ques: Which are the top countries to pursue entrepreneurship and innovation course abroad?

Ans: Some of the top countries where students can pursue the course in abroad are-

  • UK
  • USA
  • Canada
  • Australia

Ques. What is the basic educational requirement to pursue entrepreneurship and innovation course abroad??

Ans: Although different universities have different requirements, the basic educational requirement to pursue the course is a bachelor's degree passing certificate in a relevant course from the respective college.

Ques. Do all universities abroad demand for TOEFL and IELTS score?

Ans: Yes, many of the top universities in different countries demand for IELTS and TOEFL score. The score should be around-

  • TOEFL- 85-100
  • IELTS-6.5 or more