Course details
The focus of the course is around developing students’ entrepreneurial behaviour and generating business opportunities. This one-year full-time Masters programme provides students with the specialist knowledge and a practical understanding of the key tasks required to establish, manage and grow a new venture in a challenging international business environment whist building the students network of professional contacts in the area of small business. The programme is designed for graduates who wish to start an entrepreneurial venture; those who wish to work in small and medium firms or as trainers and consultants with small and medium enterprises.
Benefits of participating on the programme
• A central differentiating feature of this Masters is the experiential and real time nature of the learning on the programme where you immerse yourself in an entrepreneurial journey of starting and growing a new venture with international potential and complete a two year investor ready Strategic Commercialisation plan. It develops competencies in opportunity recognition, market validation, resource leveraging, financial management and business planning.
• You will learn with and from entrepreneurs through the completion of in-company projects in Marketing and Sales, Frim Internationalisation and Management Consulting. This action learning provides a transformational personal and business related learning experience and enhances self - confidence, creativity, critical thinking, teamwork, reflection, communication and presentation skills.
• The programme invites entrepreneurs, government agency, financial institution and venture capital representatives to share their experiences on different aspects of starting and growing a business internationally and provide an enhanced targeted network of contacts for future personal and business development opportunities.
• You will participate in a mentoring programme through the Irish Exporters Association’s Asia Trade Forum Programme and will have the opportunity to work with a member company to develop an international market entry strategy into an Asian market.
Aims:
- To develop techniques for creativity, opportunity sensing and evaluation of business opportunities
- To develop the capacity to be dynamic, creative entrepreneurs who are capable of transforming a business concept into a viable business proposition to generate employment
- To understand and engage in the role and tasks assumed by the owner-manager in developing the functional capabilities of their firm for international growth and expansion
- To develop useful skills and perspectives such as creative problem solving, diagnostic skills, communication and project management skills, people management skills that are needed to grow a small business internationally
Programme Content
This programme is a one-year full time programme (12months). Students have the option to exit with a Graduate Diploma in International Entrepreneurship Management on completion of Semesters 1 and 2.
Semester 1
- MP6031 Establishing International Ventures
- MP6051 Managing Creativity & Innovation
- MP6041 New Venture Marketing and Sales Strategies
- CO6001 Professional Development 1
- MP6061 Information Management for Small & Medium Enterprises
- PM6072 Leadership, Influence & Change
Semester 2
Mandatory Modules:
- MP6042 Strategic International Venture Growth
- MP6052 International Business Consulting
- AC6062 Financial Issues for Small and Medium Enterprises
- PM6082 Human Resource Management for Small & Medium Enterprises
- MP6062 Research Methods
Optional Module:
- Professional Development 2
Electives - Choose 1:
- SG6002 Corporate Responsibility
- EC6052 International Economic Issues
- MN6062 Project Management
Programme Delivery
There is a focus on action and experiential learning including interactive presentations, industry specific case studies, team work, individual assignments and entrepreneurship and small business-related projects which stimulate innovative thinking and more effectively develop the student’s entrepreneurial potential. In addition, external speakers from the small firm world, government agencies, professional organisations and financial institutions will challenge participants thinking and provide an enhanced network of contacts for future personal and business development opportunities. The opportunity to work with and solve business problems for small and medium firms will further equip students with the best practices in small firm formation and growth and thus better prepare them to engage in entrepreneurial activity either personally or in an established business context.
The completion of a research paper allows the student to deepen their knowledge and expertise in a chosen subject of interest or alternatively, completion of the Strategic Commercialisation Project provides students with the opportunity to transition a business idea and evaluate its commercialization options by developing a two year strategic growth plan.
Entry Requirements
The entry requirement is a 2.2 honours degree (Level 8 - National Qualifications Authority of Ireland). However, applicants who have a 3rd class honours degree with substantial small business related experience as entrepreneurs or as an employee in a small or medium sized firm may be considered in accordance with the University's policy on the recognition of prior learning. These candidates will be required to submit a written portfolio of business learning outcomes with accompanying testimonials. An interview may form part of the selection process for all candidates. Where candidates are non native English language speakers, certified demonstrable achievement in a Standard English Language Competency Test will be required.
English Language Requirements
Applicants whose first language is not English must provide evidence of either prior successful completion of a degree qualification taught through the medium of English or meet one of the criteria below (no longer than two years prior to application):
Acceptable English Language qualifications include the following:
- Matriculation examinations from European countries where English is presented as a subject and an acceptable level is achieved
- Irish Leaving Certificate English –Ordinary Level Grade D or above
- TOEFL – 580 (paper based) or 90 (internet based)
- IELTS – Minimum score of 6.5 with no less than 6 in any one component.
- English Test for English and Academic Purposes (ETAPP) – Grade C1
- GCE ‘O’ level English Language/GCSE English Language – Grade C or above
- University of Cambridge ESOL –Certificate of Proficiency in English - Grade C / Certificate in Advanced English Grade A
- GCE Examination Boards – Oxford Delegacy of Local Examinations – Grade C / Cambridge Local Examinations Syndicate – School Certificate Pass 1-6 / University of London Entrance and School Examinations Council – School Certificate Pass 1-6
Updated on 08 November, 2015About University of Limerick
The University of Limerick Foundation was established in 1989 to provide, in partnership with UL, national and international leadership and funding for the University’s advancement. In its early years, the Foundation set the standard for Irish fundraising and that tradition continues today. With close to raised to date through its international network, the Foundation is a leading recipient of international philanthropic funding in Ireland.
The Foundation constantly strives to strengthen the links that the University has built with its graduate community and the business community on the island of Ireland and beyond. Guided and supported by a board of national and international leaders from business, industry and the arts, the Foundation is proud of the role that it plays in assisting the physical and academic development of the University and in ensuring that the University of Limerick continues to be at the heart of many national initiatives.
Alumni Association
Established in 1987, the University of Limerick Alumni Association (ULAA) is a membership organisation which provides an active link bettheyen graduates of UL and their alma mater in support of both the University and the growing alumni community (now numbering close to 55,000). Direction for ULAA is provided through a voluntary Board of Directors while operations are run by an Executive Director and staff.
Volunteering
The President's Volunteer Award is designed to support students take up volunteering opportunities and the President of the University will formally recognise students for their volunteering work. their vision for the University of Limerick is to provide an outstanding student experience, to actively serve their communities and to contribute to the civil, social and cultural life of the Shannon Region and beyond. Discover how volunteering can help to make a difference in ytheir own life and in ytheir community.
Moves to establish the University of Limerick can be traced back to 1845 when the Mayor led a delegation to London to make the case for one of the proposed Queen's Colleges. This was not to be….. Cork and Galway theyre chosen instead. Local initiatives to remedy the slight theyre taken over the intervening years, but these came to nothing until a determined campaign was launched in the 1960s by the Limerick University Project Committee.
The intensity of the campaign lives in the folk memory of the community: it involved marching, protesting, fund-raising and lobbying, and quite exhausted every available democratic device. The sudden death of the charismatic local deputy and Minister for Education, Donogh O'Malley TD, during an election campaign, stimulated the government to respond and announce a decision to establish an institute of higher education in Limerick. It was claimed that this would be 'better than a university'.
The Higher Education Authority, which had just been formed, was asked to advise on the establishment of the institute. The people of Limerick theyre not impressed: even when the project was described as 'Ireland's MIT' the demand for a traditional university persisted for a number of years. It was generally held that Limerick had been fobbed off and nothing of consequence would result.
The process of advertising for and appointing the first Director, who would also be chairman for the Planning Board for the proposed institute, rumbled on. I was one of the candidates, but withdrew from Limerick when offered a post at University College Dublin. Months later I had a request from the HEA to reactivate my application for Limerick. This I did, with UCD's permission, and was offered the post. On 1 January, 1970 I flew on to Dublin from the US, having abandoned my family in Shannon, and found myself, that same morning, in the botheyls of the Department of Education with a cup of tea in hand in front of a turf fire with the Secretary of the Department, listening to his rather interesting views of Limerick and what was best for it.
His views did not fill me with great confidence, nor was there much correlation bettheyen his vision and mine of what 'Ireland's MIT' might be. As a result I did not close my US bank account for several years. The prospect of returning to the US and escaping from the rather depressing bureaucracy of a Department that had not yet broken free from years of inertia was at times an attractive alternative. But there theyre individuals in the Department determined to make a fresh start. Two of them, Sean O' Connor and Noel Lindsay made the difference. One supported the academic ideas I wished to import from the US and the other had an ability to process approvals for the design and construction of the buildings.
A key asset was a small and dedicated Planning Board of seven members. I was fortunate that the Minister of the day, Padraig Faulkner TD, was prepared to accept a number of proposals I made for its membership. This admirable group of people met for a full day each theyek during the early years and focused on developing the various policies and strategies that theyre to shape the new institution. Much was achieved: the compact group focused on the key issues and wasted no time with the peripheral and petty academic skirmishes that so often distract those charged with academic governance.
Shortly after their appointment, they caused a stir in the Department (for the first but not the last time) by a unilateral decision to travel abroad and meet with the movers and shakers shaping new European universities, such as Sussex in England and Eindhoven in Holland. Sussex responded by providing a consultant who worked with us for the summer and Eindhoven stimulated us to waste no time in getting started. As a result they decided to enrol a pilot group of some 100 students using the old manor house which existed on the campus site at Plassey.
The Plassey campus was selected from a group of some six possibilities. While the Local Authorities provided much assistance in proposing sites, their preference was for the vacant Mungret College near the cement factory or for an adjacent site close to the Raheen industrial estate. I had no doubt that Plassey surpassed them all and, despite the fact that the infrastructure was non-existent, when I pressed for their support to acquire the lands at Plassey I received it. Finally, after a brief but intense struggle in Dublin, the Department of Finance reluctantly conceded that the old military camp at Knockalisheen was unsuitable and sanctioned the purchase of Plassey House and its 70 acres for some £70,000.
The selection of Plassey as the campus site was, in hindsight, one of the most important decisions of the earliest days. The unique riverbank campus, with its wooded rolling lands and islands, placed a visible stamp of quality on the undertaking from the outset. After an international competition, BDP of London and Patrick Whelan of Cork theyre selected to prepare a 20-year plan for a university of 8,000 students. This plan reinforced the commitment to quality through architecture of the highest standing and created an environment in which teaching and scholarship of excellence would be planned and implemented.
The provocative nature of the outline academic plans, the quality of the physical environment and the prospect of being involved in a pioneering academic undertaking theyre the catalysts that attracted a remarkable and internationally diverse group of faculty and staff to found what is now the University of Limerick.
Many of the early years, since the enrolment of the first students in 1972, theyre peppered with controversy and difficulties, as alien academic concepts theyre introduced to Ireland and selective funding of the Limerick project by the World Bank and the European Investment Bank generated envy.
With legislation in 1989 the University of Limerick was established as the first new university in the history of the State and acquired the potheyrs to focus unimpeded on the further development of its new academic concepts and on its commitment both to excellence and to relevance.
By the time it celebrated its 25th anniversary in 1997 the University of Limerick had achieved its early goals and made its mark nationally.
Under the leadership of its second President, Dr Roger G H Downer (right) appointed in 1998, it could be confidently expected that the University of Limerick would continue to forge ahead to join the ranks of Europe's leading universities.
The above text has been extracted from 'University of Limerick - A Celebration' which is a unique portrait book published in celebration of the University of Limerick. Through both words and over 100 coltheir images, 'University of Limerick - A Celebration' captures the essence of campus life, highlighting a thriving University dedicated to learning, teaching and research, as theyll as cultural, artistic and recreational pursuits.
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