Master of Innovation and Entrepreneurship

Degree Summary

Program Outcomes

Program Structure

Faculty

Accreditation

Admission Requirements

Duration

18 - 24 months
10 - 12 subjects

Classes commence

September (Autumn)

January (Winter)

April (Spring)

Fees*

AED 9,415.35 / USD 2,565 per subject
*VAT 5% inclusive

Today, we see the words "innovation" and "entrepreneurship" everywhere, whether in the communication of companies, public institutions or non-profit organizations. Indeed, there is a broad consensus on the importance of innovation and entrepreneurship in addressing economic and social challenges. Innovation and entrepreneurship are now perceived as the cornerstone of sustainable growth. But what is behind these widely used concepts, how and why should they be mastered?

Innovation is a creative process that starts with an idea, continues with the development of an invention and ends with the commercialization of new products, services, processes or practices. Entrepreneurs are those who carry out this process by starting their own business or by leading innovation projects within existing companies. A well-managed innovation process helps an organization to create more value for customers, build customer loyalty, increase profits and attract the best employees.

Therefore, public and private companies are actively looking for those entrepreneurs who have the appropriate skills to manage innovative projects.

UOWD's Master of Innovation and Entrepreneurship degree in Dubai will help you develop the most in-demand skill set to lead business innovation projects or start your own company.

We adopt a comprehensive approach to achieve this objective. You will then develop skills in various fields such as marketing, finance, leadership and management.

The students will have the opportunity to engage in incubators and accelerators, both regionally (such as through our collaboration with Dubai Future Foundation University Entrepreneurship Program and Dubai SME) and globally (such as through participation in International Bootcamps). These opportunities shall provide students valuable feedback and mentorship from innovators and entrepreneurs.

Join the top students from across the globe and prepare and upskill yourself for an outstanding career with our two-year Master Program of Innovation and Entrepreneurship!

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Program Selection Guide

Entry Requirements

Students applying for a master's degree must have completed a bachelor's degree (or equivalent) at an accredited institution of higher education and have achieved the minimum grades outlined below:

Country	Direct Admission	Probationary Entry* GPA 2.5-2.99 or equivalent	Conditional Entry** GPA 2.0-2.49 or equivalent
Australia	65%	57%	50%
Brazil	7/10	6/10	5/10
China	75%	63%	50%
Colombia	3.5/5	3.25/5	3/5
Egypt	65% (Good)	57%	50% (Pass)
India	50%	45%	40%
	10 Point System: 7.0/10.0	10 Point System: 6.0/10.0	10 Point System: 5.0/10.0
	4 Point System: 3.0/4.0	4 Point System: 2.5/4.0	4 Point System: 2.0/4.0
Iran	14	13	12
Japan	70/100 or 4/5	65/100 or 3.5/5	60/100 or 3/5
Jordan	70%	60%	50%
Kenya	50%	45%	40%
Lebanon	11	10.5	10
Mexico	8/10	7/10	6/10
Nepal	50%	45%	40%
Nigeria	50%	45%	40%
Pakistan	50%	45%	40%
Russia	Average of 4	Average of 3.5	Average of 3
South Korea	80/100	75/100	70/100
UAE	3	2.5	2
UK	2^nd Class Honours with lower division (or min 50%)	45%	Pass (or min 40%)
USA	3	2.5	2

* Applicants with a bachelor’s degree in the relevant field of study, or its equivalent, with an overall GPA between 2.5 and 2.99 (on a 4.0 scale) may be conditionally admitted to a master’s program, only if they meet the necessary English language requirement. Such students must take a maximum of 18cp of subjects studied for the master’s degree during the period of conditional admission and must achieve an overall WAM of 55 in their first 3 subjects at the University. Students who fail to achieve this standard may have their enrolment discontinued.

** Applicants with a bachelor’s degree in the relevant field of study, or its equivalent, with an overall GPA between 2.0 and 2.49 (on a 4.0 scale) may be conditionally admitted to a master’s degree, only if they meet the necessary English language requirement and they will be required to complete a maximum of 18cp remedial non-credit bearing subjects prior to enrolment in their chosen master’s degree. Students must achieve a minimum WAM of 55 in these subjects in order to progress to the master’s degree or may have their enrolment discontinued.

Note:

[1] Unless otherwise stated, the entry requirements above are based on Section I institutions. Further details on alternate entry requirements can be obtained by contacting the Admissions department.

English Language Requirements

At UOWD, all classes are taught in English and in order to enrol in a master's degree you will need to submit one of the following certificate of English language proficiency:

English Language Test	Entry Score
IELTS Academic	Overall score of 6.0 with 6.0 in Reading and Writing and 5.0 in Listening and Speaking
TOEFL Internet based	79 with not less than 20 in Writing, 18 in Reading, 17 in Listening, 16 in Speaking
TOEFL Computer based	213 with a 4.0 TWE/Essay Writing
TOEFL* International paper based	550 with a 4.0 TWE/Essay Writing
EmSAT Achieve English	1400

Note: Students who have achieved an overall Academic IELTS score of 6, but with a minimum of 5 in reading and writing for their relevant program, may opt to take Academic Writing as an additional subject during their first semester at an additional fee of AED 1,050/USD 286. A 50% pass rate is required to clear the post enrolment condition. Alternatively, the student may opt to retake the IELTS test.

* Students admitted under this criterion must complete the test at AMIDEAST.

Credit for Prior Learning

In some cases your prior learning may be recognised by exempting you from completing specific subjects at UOWD on the basis of work you have already completed at another recognized institution or if you have a completed a bachelor degree in a relevant area from an accredited institution. In the case of Master of Innovation and Entrepreneurship, credit for prior learning may also be considered if you have a UOWD Graduate Certificate in Business.

If you are seeking credit for prior learning, you will need to submit an official academic transcripts showing all courses studied and the grades obtained, syllabus details (including information on course content) for the courses you have successfully completed and an explanation of the grading system, or proof of your work experience or further training. Your eligibility for Credit for Prior Learning will be decided in consultation with UOWD's Faculty Offices prior to the beginning of the program.

To make an application for your chosen program, complete the online application form and submit it along with all your supporting documentation (see below) prior to the application deadline.

Late applications may be accepted subject to the availability of places but applicants are encouraged to apply as early as possible.

Supporting Documentation

The following records are required to process your application. Please ensure that all these documents accompany your UOWD application for admission form submittal:

The original transcripts of your bachelor’s degree results
A Certificate of Completion

(If the above documents are not in English, a certified English translation is required)

Proof of your english language proficiency

(Note: Results from IELTS & TOEFL tests must be sent to the University directly from the IELTS or TOEFL testing centres quoting the UOWD institution code IELTS: AE109 / TOEFL: 7907)

Your current resume or CV
A copy of your UAE ID card (if applying from within the UAE)
A copy of your passport (and Residence Visa, if resident in the UAE).

Additionally, if you are seeking advance standing in your chosen program:

Certified copies of official academic transcripts showing all courses studied and grades obtained, syllabus details (including information on course content) of the courses you successfully completed and an explanation of the grading system.

Attestation of Documents

Applications are required to obtain attestation / equivalency of their bachelor’s degree from the UAE Ministry of Education. The attestation / equivalency process is dependent upon whether you completed your bachelor’s degree within the UAE or outside the UAE.

If the bachelor’s degree was completed outside UAE, you must have your bachelor’s degree and transcripts/mark sheets certified by:

The issuing University and/or recognised authority for tertiary education in the host country in which you completed your education
The Ministry of Foreign Affairs in the host country
The UAE Embassy in that host country OR the Embassy of the host country in UAE must attest the authenticity of the documents and attestations.

Additionally, the UAE Ministry of Education must issue an Equivalency Certificate. Applicants must have a valid UAE residency visa when applying for an Equivalency Certificate. In special cases where complying with conditions (2) and (3) are not feasible, the certificates may be verified against originals by Embassies in the UAE and the UAE Ministry of Foreign Affairs.

If you are unable to secure the Equivalency Certificate(s) as outlined above will be asked to sign a “Consent to Provide Documents” form agreeing to secure the equivalency. You will be permitted to commence your studies at UOWD, but will be given a maximum of one semester to obtain the equivalency certificate(s). UOWD reserves the right to take appropriate action against any applicant who cannot secure the appropriate documentation in this time, which may result in the termination of the student’s enrolment at UOWD.

For more information or assistance on attesting documents from outside UAE, click here.

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Program Structure

The Master of Innovation and Entrepreneurship offers a unique approach with an in-depth and rigorous learning experience. It has enabling theory-based practice, through judicious adoption of industry collaborations and partnerships to engages students and create lasting impact. Students will be in constant contact with key entrepreneurs, incubators and accelerators as mentors outside the class combined with workshops, guest speakers (i.e. industry experts, experienced entrepreneurs, investors, paid professional advisors) led by the instructor inside the classroom and real innovation projects being launched. Alongside a foundation in the specialized knowledge and skills related to Innovation and Entrepreneurship, students will also have opportunities to understand the real challenges facing managers and organizations in operating in the global marketplace and apply what they have learned in practice. The program is organized around three key themes:

Business & Management Subjects

Common Business Subjects

This subject is a foundation subject and is intended for those who need to obtain some introductory understanding of the principles of accounting and financial management. No previous knowledge or experience is assumed. The subject will introduce you to the role that effective financial management makes within an organisation. The aim is to increase your proficiency in the use of the accounting data that you receive in your work environment, as well as making you aware of the basis on which key financial decisions are made. You will be introduced to the basic concepts of financial decision-making and the role of financial management in organisations. The concepts and techniques introduced are intended to assist you in the use and interpretation of accounting data and allow you to become better acquainted with the planning and controlling of resources you have at your disposal.

The subject highlights the growing importance of operations management to all types of businesses/industries. Operations management is the science and art of ensuring that goods and services are created and delivered to customers' expectations in full and on time. Additionally, it provides early insights into the content of the Master of Science reviewing areas such as Supply Chain Management, Quality Management and Project Management. This subject enhances students' fundamental knowledge and learning skills required to engage within Postgraduate learning successfully. The subject also develops students' reflective skills and ability to analyse, consolidate and synthesise complex information in problem solving and decision making.

This subject provides a comprehensive overview of management process and organisational behaviour for students to understand the foundations of management theory and the nature of human behaviour operating within organisations. The subject covers the history and contemporary analysis of management theory and concepts relating to: individual, group and organisational processes within business contexts. This subject enhances student’s fundamental knowledge and learning skills in problem solving and decision making required to successfully engage with and complete further subjects within their postgraduate management degree. This subject also develops students’ communication and teamwork skills and application of knowledge to analyse, consolidate and synthesise complex information.

The subject examines the concepts underpinning the marketing process and theories relevant to the study and practice of modern marketing science. Key concepts covered include the creation and delivery of customer value, customer retention and return on marketing investment, marketing's role in an organisation as defined by the overall strategic plan, and its integration with other functional disciplines within the organisation, elements of marketing plan, competitor analysis and strategies, marketing environment, marketing research, consumer and business buying behaviour, strategic nature of segmenting markets, targeting, and positioning brands, marketing mix decisions, and marketing ethics and social responsibility. The subject provides a foundation for the development of effective market-oriented managerial thinking, communication and team-work skills.

Specialisation Subjects

In this subject student will learn to evaluate innovation and entrepreneurship opportunities from a financial perspective, understand how to raise capital, assess risks and rewards relating to opportunities, and establish and appropriate financial basis for start-up companies.

This subject provides students with detailed knowledge of the complexities of initiating, developing, managing and exploiting innovation and entrepreneurship opportunities within the commercial constraints of contemporary business.

This subject enables students to explore the potential exploitation of their own business idea. Students evaluate opportunities from a range of perspectives including; financial, technical and legal. They conduct market research on their opportunity, develop a plan for exploitation and have the opportunity to present their proposal to a panel of experts who provide feedback on the commercial feasibility of the chosen project.

In this subject students will explore skills for effective team leadership, how to create a culture conducive to innovation, embed innovation within the strategic direction of the organisation and develop a systematic approach to leading innovation.

For many companies over 40% of current sales revenue is generated by new products or services that have been introduced within the last three years. This subject is designed to provide students with a thorough understanding of the processes associated with the development and marketing of a new product in today’s complex environment. The focus for this course is the role marketing plays in a systematic and multi-functional, approach to the process of ‘new product development’ (NPD). A key aspect of this course is that students will be treated as members of top management, the ultimate decision makers and will be expected to show a thorough understanding of all the factors affecting new product strategy development, implementation, management and review. In particular, the increasing call for ethical and sustainable new products and services will be a focus of the course. The topics to be covered are: new product strategy, idea generation, opportunity identification, concept evaluation, concept testing, market testing and strategic launch planning.

Capstone Project

Students will conduct a project related to an organisational context in order to develop their research skills. Students will communicate their findings orally and in writing. Projects will be allocated by the Subject Coordinator. Variations may be approved by the Program Director, provided the subject and course learning outcomes are achieved.

In addition, you will choose any two Electives from the approved list below:

This subject introduces students to theories, concepts and practical issues associated with strategic management. Topics examined include strategy formulation, choice and implementation; strategy, structure and the organisational context; industry analysis; strategy and competitive advantage.

subject analyses how managers can conceptualise and lead the process of organisational change. Issues under discussion will be: organisational change theories and models; forces for change; resistance to change; coping with change; recognising, diagnosing, planning and implementing change; organisational development; contingency approaches to change; and aspects of cultural change management.

This subject provides comprehensive analysis and exploration of probable consequences of contemporary issues in international business environments. Rapid changes in global environments may have a potentially significant impact on international business and the associated home and/or host nations. This subject will explore options for organisations which need to decide how to adjust, reshape and/or reconstruct their strategic directions and their organisation and management structures in order to meet these rapidly evolving complex challenges.

This subject examines the fundamentals of digital marketing in order to provide a solid foundation on digital marketing strategy, implementation and execution. This grounding provides a detailed understanding of all digital channels and platforms to key applications in marketing such as research, adding value in the areas of product, distribution, pricing and promotion. A key focus is the link between delivering positive user experiences and developing customer relationships over time.

Increasing marketplace competitiveness driven by higher productivity levels, product variety proliferation, oversupply, demanding customers and globalisation has ushered in the era of shape-up or get run over. End-to-end Supply Chain Management holds the promise of effective response to such a business environment, but only if it is understood and actually applied. This subject therefore places particular emphasis on the interfaces between the 'chain' or 'network' of enterprises engaged in moving products, services, and information, from suppliers through intermediaries to end users/consumers. The early part of the subject focuses on understanding the concepts and principles of supply chain management. Specific supply chain management topics are then reviewed giving emphasis on topics such as customer fulfilment strategies, process thinking, physical flow management, global supply chain design, cost management, alliances and outsourcing and critical supply chain measures. Channel relationships between suppliers, manufacturers, and distributors is also reviewed, particularly as leading organisations are now openly embracing more collaborative behaviour for mutual benefit. Transformational change in supply chains is studied from two perspectives, i.e., re- alignment inside the supply chain itself; and advanced forms of 'outsourcing'. Finally, people management and the building of employee capabilities are considered as well as future supply chain innovation requirements.

This subject addresses the quality issues from the supply chain perspective. It covers the following topics: the quality imperative for the open economy; concepts of quality; quality in service and manufacturing organisations; quality control and assurance; quality costs; tools of TQM; quality function deployment; six sigma implementation; principles of Taguchi methods and robust quality; international quality assurance standards; HRM in quality; case studies in quality management.

This subject deals with the financial management tools and techniques appropriate for small and medium-sized business enterprises. It includes the study of potential investors and their mindset at various stages in the firm’s life cycle, thus covering sources, uses and management of funds from pre-purchase to public listing. A case study approach is employed. Issues addressed include valuation, performance measurement, obtaining and organising finance, financial planning, and cost of financial capital and exit strategies.

This subject will include a background to retailing, the scope of retailing, retailing strategies, merchandise and store management. Particular emphasis will be placed on case analysis in order to bring as much of the real world as possible into the classroom.

Program Outcomes

Prestigious and Accredited Degree: Upon completion of the program, all students will get a Master’s degree from University of Wollongong Australia, a university in the top 1% of the world universities, accord to QS World University rankings. This degree is fully accredited in the UAE by Commission for Academic Accreditation (CAA) and Knowledge and Human Development Authority (KHDA).
Skills You'll Learn to Support Your Career Goals: The completion of the program will equip the students with practical, hands-on and job ready skills like Financial Acumen, Knowledge of Market Forces, Effective, Business Modelling, Managing Strategies for Growth, Communication Skills, Strategic Thinking, Network Building, Negotiation, Leadership and Motivation, Time Management, Versatility and Flexibility, Digital Savviness, Entrepreneurial Spirit, Resilience, Problem-Solving, Decision Making, Emotional Intelligence.
Doctoral Study Opportunities: Should students wish to pursue further research after completing this Master’s degree, UOW Dubai offers a PhD program under the Faculty of Business.
Global Career Opportunities: Company Founder, Entrepreneur, Chief innovation officer, Innovation Manager, Business Development Manager, Business Transformation Manager, Customer Experience Manager, Innovation Consultant, Business Analyst, Social Media Manager, Public Relations Manager, Appraiser, Project Manager.
With the global nature of this degree, you will be equipped to work in any industry in private, semi private or government sector in any region of the world.

Accreditation and Recognition

All degrees at the University of Wollongong in Dubai are accredited by the Commission for Academic Accreditation (CAA) of the UAE Ministry of Education and are licensed by the Knowledge and Human Development Authority (KHDA). In addition, the degree is quality assured by UOW, which is registered with the Tertiary Education Quality and Standards Agency (TEQSA), the national regulator of the higher education sector in Australia.

Also, all business degrees of the University of Wollongong are accredited by The Association to Advance Collegiate Schools of Business (AACSB).

Students will be issued a UOW Australia degree upon graduation.

Professional Accreditation

Association to Advance Collegiate Schools of Business (AACSB)

AACSB

The Association to Advance Collegiate Schools of Business (AACSB) provides an international seal of approval for business programs that ensures the educational needs of students are met through high quality, continuous improvement and excellence in education. This globally recognised accreditation has been awarded to only the top five percent of the world’s business schools.

Dr Osama Al-Hares

Associate Professor
(Director Postgraduate)

Dr Osama Al Hares's research interests lie in financial performance, corporate valuation and value relevance, corporate governance, earnings management, accounting for goodwill and asset impairments, emerging financial markets, and accounting disclosure practices and analysis. He has extensive consultancy and training experience in banking, investment, services, and small businesses sectors.

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Master of Innovation and Entrepreneurship

Degree Summary

Program Outcomes

Program Structure

Faculty

Accreditation

Admission Requirements

Duration

Classes commence

Fees*

Program Selection Guide

Master's Degrees Business

Program Structure

Accounting and Financial Management

Operations Management

Organisational Behaviour and Management

Principles of Marketing Management

Financial Skills for Entrepreneurs

Insights into Innovation and Entrepreneurship

Business Innovation Plan

Contemporary Leadership Skills for Entrepreneurs

Developing and Marketing New Products and Services

Business Research Capstone

Strategic Management

Management of Change

Contemporary Issues in International Business

Digital Marketing

Supply Chain Management

Quality in Management

Entrepreneurial Finance

Retail Marketing Management

Program Outcomes

Accreditation and Recognition

Professional Accreditation

Association to Advance Collegiate Schools of Business (AACSB)

Dr Osama Al-Hares

Faculty

Similar Career Paths

Open Day