About this course
Learn the knowledge and skills to develop and manage new products, services and business models on this Business Strategy and Innovation Management master’s course. You’ll develop an in-depth understanding of the latest concepts in strategy and innovation, with a focus on business growth and sustainability issues.
With this master’s in strategic management you can go into any organisation that is interested in developing new products or business models.
On this UK master’s course at the University of Southampton, you’ll explore how different aspects of strategy and innovation can be used to:
- help companies become more competitive
- drive change in industries
- create new business opportunities
You'll also learn about the strategic and management challenges of developing, implementing and marketing new products and services.
Among the latest topics that you’ll cover are:
- the sharing economy
- disruptive technologies
- service innovation concepts
- social, environmental and economic sustainability
- growth, innovation and technology transfer
You can fit this master’s in strategy and innovation to your own interests or career plans by choosing optional modules on subjects such as marketing, retailing in the digital age, or entrepreneurship and new business venturing.
You’ll also benefit from:
- strong links with businesses such as Sainsbury’s and Rolls-Royce
- visits to businesses to find out how they innovate
- guest lectures by industry partners
The course content is directly informed by the work of academics who are carrying out research into digital innovation, new business models and sustainability through our Centre for Inclusive and Sustainable Entrepreneurship and Innovation.
Your course leaders are Dr Dorrie Chao and Dr Isabel Neuberger.
Dr Chao is Departmental Head of Teaching in Strategy, Innovation and Entrepreneurship, and International Exchange Coordinator. Her research interests include academic/sustainable entrepreneurship, university knowledge/technology transfer, and absorptive capacity. Visit Dr Dorrie Chao's staff profile to learn more about her work.
Dr Isabel Neuberger is a Lecturer in Entrepreneurship at Southampton Business School, she is also an Associate Research Fellow at the Cambridge Centre for Social Innovation. Isabel holds a doctoral degree in Organisation Theory from the University of Cambridge, Judge Business School and was a visiting doctoral researcher at Yale School of Management.
MSc Business Strategy and Innovation Management Taster Lecture
This course is based at Highfield.
This qualification is awarded by the University of Southampton.
Download the Course Description Document
The Course Description Document details your course overview, your course structure and how your course is taught and assessed.
Changes due to COVID-19
Although the COVID-19 situation is improving, any future restrictions could mean we might have to change the way parts of our teaching and learning take place in 2022 to 2023. This means that some of the information on this course page may be subject to change.
Find out more on our COVID advice page.
You’ll need a 2:1 degree in one of these areas:
- management and marketing
- political science
Find the equivalent international qualifications for your country.
We do not accept the following subjects:
- Language Studies – degrees that focus on learning a language or how to translate, such as 'Business English', 'Applied English', or 'Translation', are not acceptable. However, this restriction does not apply to ‘English’ and ‘English literature’ degrees of the kind taught in the UK.
- Art/Design/Vocational Studies – degrees that focus on learning a particular form of art, craft or vocation. These include degrees in art, graphic design, photography, television broadcasting, script writing, or performance/dance.
English language requirements
If English isn't your first language, you'll need to complete an International English Language Testing System (IELTS) to demonstrate your competence in English. You'll need all of the following scores as a minimum:
IELTS score requirements
- overall score
We accept other English language tests. Find out which English language tests we accept.
Recognition of professional experience
If you don't have the exact entry requirements, but you have significant work experience in this sector we’ll assess your relevant professional experience, your subject knowledge and your aptitude for learning.
Your application will be considered on individual merit and you may be asked to attend an interview.
Got a question?
Please contact us if you're not sure you have the right experience or qualifications to get onto this course.
Tel: +44(0)23 8059 5000
This is a full-time master’s course. Your studies will last a full 12 months, from September to the following September.
For the first 8 months (semesters 1 and 2) you'll focus on the taught part of the course. Some of your modules will be compulsory, others we will ask you to choose from a list of options.
You’ll have exams at the end of each semester.
For the rest of the course, you’ll work independently on your dissertation. You’ll have one-to-one meetings with your supervisor during this time to discuss your progress.
Want more detail? See all the modules in the course.
For entry in Academic Year 2022-23
Year 1 modules
You must study the following modules:
Current Trends in Strategy and Innovation Management
This module has been developed to connect cutting-edge research in the field of strategy and innovation to teaching in the classroom. Particularly, this module leverages state-of-the-art research from tutors in the Strategy, Innovation and Entrepreneurshi...
The dissertation stage of your postgraduate programme involves an extended, independent investigation of a topic of your own choosing and the preparation of a 1,500-word research proposal and a 15,000- word dissertation. You will attend 12 sessions where ...
Global Strategies for Growth
The aim of this module is to give you a practical grounding in the skills necessary to present a clear and concise business report.
Innovation and Technology Transfer
The UK government has recognised the importance of innovation and technology transfer in sustaining competitive advantage in the global knowledge economy. If successful innovation management is to take place, it is necessary to recognise when technology ...
Service Innovation Management
Much of the debate surrounding innovation and innovation management has focused on products. Yet, services have increasingly become a major driving force for successful businesses and economic growth, not only in advanced economies but also in emerging ma...
Sustainable and Responsible Innovation
In the light of global challenges such as climate change or uneven development, there is an increasing need and demand for products or services that contribute value through enhancing ecological sustainability (e.g. low-carbon or renewable energy) or soci...
You must also choose from the following modules:
Consulting is a major global industry and understanding how consulting works is important both for students who might be interested in a consulting career and also for students who may need to purchase consulting and work with consultants in their career....
This module provides a deep insight in some key theories and topics in Corporate Finance. The module looks at how firms and corporation manage financial investment and decisions in the long term and short term. The module will discuss topics ranging fro...
The emergence of the digital economy has unlocked new opportunities for businesses, while simultaneously creating new modes of competition in both ‘traditional’ and new sectors of the economy. Many organisations are becoming increasingly more ‘digital’, i...
Enterprise, Entrepreneurship and New Business Venturing
The module discusses key elements of new business venturing and provides a broad understanding of the entrepreneurship process.
This module recognises the increasing importance of family businesses given their substantial contribution to the economy of each nation across the globe. It responds to the increasing need for scholars and practitioners of developing an awareness and und...
This module has been developed to recognise the increasing importance of, and to support, international entrepreneurship. International entrepreneurship is an established sub-domain of the entrepreneurship field. There is a growing recognition of the impo...
International Corporate Social Responsibility and Ethics
This module gives an overview of moral philosophy and shows how such ethical theories apply in a business context. This module also covers the development of the concept and the meaning of the terms ‘corporate social responsibility’ (CSR) in a business co...
Managing Global Challenges
This module provides a multidisciplinary introduction to the global challenges confronting businesses and societies today. From social class, culture, education and technology, to aging population, migration, health and environment, this module provides a...
Marketing in the Digital Age
This module is a general introduction to ‘Marketing’ as a management function and activity for students not studying marketing as their main discipline. It looks at the role of marketing in enabling organisations to meet their strategic and operational go...
The global and rapid growth of managing by projects in every sector, industry, and company type has led to the development of pan-sector theories and bodies of knowledge in project management. The specific nature of projects as temporary and unique activi...
Strategic Human Resources Management
This module covers the area of strategic human resource management, offering a comprehensive cover of the advances in the HRM field for PG students.
Strategic management is central to the operation of a variety of businesses in different sectors and environments. The creation of a strategy and the management of its implementation are important in developing businesses that can create and sustain a com...
Sustainable Entrepreneurship and Leadership
Sustainable entrepreneurship is a rapidly growing movement and it has attracted an increasing attention locally, nationally and globally in recent years. Numerous international institutions such as international organisations (e.g. United Nations, World B...
Learning and assessment
The learning activities for this course include:
- practical exercises
- guest speakers
- group work
- case studies
- problem-solving tasks
We’ll assess you through:
Over the summer you’ll research and write a 15,000-word dissertation on an industry-relevant topic of your choice, to be agreed with your project coordinator.
The dissertation is a chance for you to develop your research skills and show your expertise in a particular area of business strategy and innovation management. You could also use the dissertation to develop your own business idea.
You’ll have regular support meetings with your supervisor throughout the process.
You’ll be assigned a personal academic tutor and have access to a senior tutor.
With this degree you’ll be well placed to go into any organisation interested in developing new products or business models. These could be small start-ups or large companies.
You’ll also be great position to continue your studies at PhD level.
Careers services at Southampton
We're a top 20 UK university for employability (QS Graduate Employability Rankings 2022). Our Careers and Employability Service will support you throughout your time as a student and for up to 5 years after graduation. This support includes:
- work experience schemes
- CV/resume and interview skills workshops
- networking events
- careers fairs attended by top employers
- a wealth of volunteering opportunities
- study abroad and summer school opportunities
We have a thriving entrepreneurship culture. You'll be able to take advantage of:
- our dedicated start-up incubator, Futureworlds
- a wide variety of enterprise events run throughout the year
- our partnership in the world’s number 1 business incubator, SETsquared
Fees, costs and funding
Fees for a year's study:
- UK students pay £13,704.
- EU and international students pay £26,352.
When you accept your offer to study on this course you’ll be asked to pay a deposit. This is non-refundable. The deposit amount is:
- UK students: £250
- EU and international students: £1,000
Full terms and conditions and details of how to pay this deposit will be sent to you in your offer letter.
What your fees pay for
Your tuition fee covers the full cost of tuition and any exams.
Find out how to pay your tuition fees.
Accommodation and living costs, such as travel and food, are not included in your tuition fees. Explore:
10% alumni discount
If you’re a graduate of the University of Southampton you get a 10% discount on your postgraduate tuition fees.
Postgraduate Master’s Loans (UK nationals only)
This can help with course fees and living costs while you study a postgraduate master's course. Find out if you're eligible.
Southampton Business School Deans International Scholarship
A scholarship of £8,000 is available to international students studying for an eligible postgraduate master’s at Southampton Business School.
Find out more about the Southampton Business School Deans International Scholarship, including eligibility and conditions.
Southampton Business School Postgraduate International Scholarship
A scholarship of £3,000 is available to international students studying for an eligible postgraduate master’s at the Southampton Business School.
Find out more about the Southampton Business School Postgraduate International Scholarship, including eligibility and conditions.
Southampton Business School Excellence in English Postgraduate International Scholarship
A scholarship of £3,000 is available to international students from mainland China, Hong Kong or Macau who are studying for an eligible postgraduate master’s at the Southampton Business School.
Find out more about the Southampton Business Excellence in English Postgraduate International Scholarship, including eligibility and conditions.
Other postgraduate funding options
A variety of additional funding options may be available to help you pay for your master’s study. Both from the University and other organisations.
Funding for EU and international students
Find out about funding you could get as an international student.
How to apply
- Use the 'apply for this course' button on this page to take you to our online application form.
- Search for the course you want to apply for.
- Complete the application form and upload any supporting documents.
- Submit your application.
The deadline for applying for your course for the 2023 year of entry depends on where you’re domiciled (where your permanent home is and where you have the closest ties).
This is because:
- students from different countries tend to apply at different times of year
- we want a diverse and balanced mix of international students with exceptional academic ability
|Place of domicile||Deadline|
|China||7 December 2022 (closed)|
|Anywhere else (except the UK)||29 March 2023|
|The UK (and others eligible for home fees)||7 July 2023|
We must receive new applications by midday GMT.
Applications for 2023 are now closed to those domiciled in China. The deadline for applicants domiciled in other countries may still move to:
- an earlier date if we have already received enough applications before the deadline
- a later date if there are still places available on the deadline
We receive many high-quality applications, so places for many of our courses are very competitive.
Application assessment fee
We’ll ask you to pay a £50 application assessment fee if you’re applying for a postgraduate taught course.
This is an extra one-off charge which is separate to your tuition fees and is payable per application. It covers the work and time it takes us to assess your application. You’ll be prompted to pay when you submit your application which won’t progress until you've paid.
If you're a current or former University of Southampton student, or if you’re applying for certain scholarships, you will not need to pay the fee. PGCE applications through GOV.UK and Master of Research (MRes) degree applications are also exempt. Find out if you’re exempt on our terms and conditions page.
When you apply you’ll need to submit a personal statement explaining why you want to take the course.
You’ll need to include information about:
- your knowledge of the subject area
- why you want to study a postgraduate qualification in this course
- how you intend to use your qualification
You'll also need to send 2 academic references.
Please include the required paperwork showing your first degree and your IELTS English language test score (if you are a non-native English speaker) with your application. Without these, your application may be delayed.
What happens after you apply
You'll be able to track your application through our online Applicant Record System.
We'll assess your application on the strength of your:
- academic achievements
- relevant professional experience
- personal statement
- academic references
We will aim to send you a decision 6-8 weeks after you have submitted your application.
If we offer you a place, you will need to accept the offer within 30 working days. If you do not meet this deadline, we will offer your place to another applicant.
Unfortunately, due to the volume of applications we receive, we may not be able to give you specific feedback on your application if you are unsuccessful.
Equality and diversity
We treat and select everyone in line with our Equality and Diversity Statement.
Got a question?
Please contact us if you're not sure you have the right experience or qualifications to get onto this course.
Tel: +44(0)23 8059 5000
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Find a PhD project
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