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Course overview
Are you passionate about steering the digital future and pioneering change? If the fusion of creativity and digital technology stirs your spirit, then the MSc Digital Innovation Management degree at LIBF is your gateway to an exhilarating career. This degree navigates the complexities of digital innovation, entrepreneurship, and the pivotal role of disruptive technologies in reshaping industries, ensuring you’re well-equipped to face the challenges and opportunities in the digital domain.
At LIBF, we pride ourselves on delivering education that mirrors the dynamism of the tech world. Our degree courses are designed with flexibility at their core, offering a bespoke learning experience that fits around your lifestyle, not the other way around. With our rich ecosystem of support, including customised personal tutoring and cutting-edge AI learning tools, we ensure you’re never learning in isolation. Step into a future where your career is not just a possibility but a tangible reality, all while being a part of a progressive, global community that values innovation and forward-thinking. Start your journey to becoming a digital innovation leader with LIBF today.
Job outcomes
- Digital Innovation Manager
- Product Development Leader
- Strategic Innovation Consultant or
- Start-Up Founder
What you'll learn
Graduates from the MSc Digital Innovation Management course can anticipate exciting careers across a spectrum of industries such as tech startups, digital marketing firms, business consultancy, and product development teams. This degree prepares you to excel in roles that demand a high degree of digital fluency and innovative thinking. You will develop a robust set of employability skills:
- Strategic innovation management
- Entrepreneurial and intrapreneurial skills
- Advanced research and analytical skills
Project and change management - Leadership in digital transformation
These skills not only make you an asset to potential employers but also equip you with the ability to adapt to and lead in the fluctuating landscape of digital innovation.
Study method
- Online
- Blended
- In-class
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Duration study load
- 12 months (full-time)
- 18 months (part-time option 1)
- 24 months (part-time option 2)
Entry requirements
- 2:2 honours degree and above or equivalent – from a recognised institution.
- English language: IELTS Level 6.5 or above with no element below 6.0 (or equivalent).
Course features
- Flexible online learning: Fit learning around your life but study in a structured way, using a flexible online approach with full support from your lecturers and tutors. Learn part-time or full-time – at your own pace, fully online, anywhere.
- Over 140 years of expertise: Upgrade your expertise with the skills of the future. To help you succeed and progress your career, we’re combining our long history of education in finance, business, and technology with an up-to-the-minute online learning platform.
- Innovative personalised learning: Learn on your own terms. Gain the skills you need to reach your full potential and achieve your ambitions. You’ll have support, as well as access to advanced digital learning tools and practical real-life expertise.
- Rewarding your ambition: Distance learning is an affordable, tailored option that fits your lifestyle. Fees for our online degree are spread over the length of your chosen programme, making it easier for you to manage your finances.
Testimonials
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Tazneem K"I started studying with LIBF a couple of months ago and it has been a pleasant surprise of how flexible and stress free the course is! Being a busy person with many commitments the course has fitted into my lifestyle amazingly. The platform is straightforward and easy to navigate with several learning materials. Also, the support received from LIBF is fantastic and would recommend to everyone. Thank you LIBF!"
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Phanas N"As a parent juggling a multitude of responsibilities, finding time for my own personal development was challenging. LIBF's online degrees were exactly what I was looking for, giving me the flexibility to learn in the evenings at a time that works for me. It's also teaching me how to manage distractions! LIBF has a great reputation too, which is what made it my first choice."
Subjects
Embrace an MSc Digital Innovation Management programme that bridges the gap between traditional business strategies and the digital era, ensuring your readiness for leadership in digital transformation. Throughout this masters in digital innovation management, you’ll delve into the intricacies of digital business frameworks, learn to leverage technological progress, and master strategic digital marketing, equipped to thrive in a constantly evolving landscape.
- Innovation and entrepreneurial ecosystems: Students will explore the fundamentals of innovation and entrepreneurship, assessing their impact on economic growth and how ecosystems can foster the commercialisation of new ideas. This module lays the groundwork for understanding the multifaceted nature of digital innovation.
- Entre- and entrepreneurship: Analyse the motivations behind entrepreneurship and intrapreneurship, understanding the dynamics and risk factors involved. This module provides insights into fostering innovation within an organisation, emphasising the difference between creating a new business and innovating from within.
- Advanced research methods: This module equips students with the skills to conduct empirical research, crucial for validating theories and practices in digital innovation. Learn how to frame research proposals and analyse quantitative and qualitative data, foundational for driving innovation based on evidence.
- Disruptive innovation: Understand the theory and application of disruptive innovation, distinguishing it from other forms of innovation. Through this module, students will assess the areas prone to disruption and learn how to strategically position innovations for maximum impact.
- Digital business models: Dive into IT-driven startups and digital businesses, understanding the evolution, strengths, and weaknesses of different models. This module provides the tools to develop strategic and operational plans for digital businesses.
- Business ethics and corporate governance: Critical examination of ethics in business and its influence on corporate governance. This module prepares students to lead with integrity and make ethical decisions in the digital landscape.
- Hybrid project management in digital transformation: Learn the principles of traditional, agile, and hybrid project management and their application in digital transformation projects. This module is key to effectively managing change in the digital age.
- Seminar: current topics of innovation and entrepreneurship: Engage with contemporary issues in innovation and entrepreneurship, analysing major trends and best practices to create sustainable competitive advantages.
- Elective (see electives section below)
- Master thesis: With the guidance of a supervisor, prepare a written dissertation focused on a major field of study. Scientifically evaluate and critically discuss a chosen issue and suggest possible solutions.
- Design thinking: Apply the Design Thinking mindset to solve challenges in a human-centric way. This elective offers practical insights into the phases of inspiration, ideation, and implementation.
- Business plan development: From concept to business plan, this module is a deep dive into launching a startup. Students learn to formulate vision, strategic goals, and develop comprehensive business analyses.
- Artificial intelligence: An overview of AI’s history, development, and application areas, providing students with an understanding of both the opportunities and limitations of AI in digital innovation.
- Data science: Explore data-driven approaches and their application in different contexts. This module covers the collection, processing, and analysis of data to inform strategic decisions.
- Leadership: Addressing the psychological and sociological aspects of leadership, this module prepares students to lead effectively in the digital era.
- Product development: Focusing on the methods and tools for developing digital products, students learn about CAD, PDM, and PLM, among others.
- Self-arranged internship (*): Gain practical experience by securing and completing an internship, applying your knowledge in a real-world setting and developing hands-on skills in digital innovation.
*You’ll be responsible for arranging a suitable internship for your field of study. Once arranged, please complete an application to the internship module via myCampus, to make sure your internship can be recognised and credited towards your course requirements.
Once enrolled, you will be expected to meet LIBF’s policies and standards.
About LIBF
We are LIBF – a professional body that has been providing industry-leading education for more than 140 years.
Throughout our history, we’ve been helping people build successful careers in business, finance and technology – working to make the industry accessible to all.
Our focus is on life-long learning. We equip our students with real-world skills and globally recognised qualifications that allow them to achieve their career ambitions. This emphasis on practical skills means our students can quickly apply the knowledge gained in our courses in their working lives.
Our engaging webinars offer a unique opportunity to delve into the distinct benefits of online learning with us, crafted to ignite your ambitions.
Why join a webinar?
- Obtain a thorough understanding of our online learning methodology directly from our Study Advisors.
- Receive a step-by-step guide on the application process, funding options, entry requirements, and more.
- Get instant answers and personalized advice from our Study Advisors to navigate your online learning pathway.
Register for a webinar that fits your schedule. Let’s begin this educational journey together, unlocking your potential and beyond. All webinars are conducted on Zoom and commence at 6.00 pm UK time.
The LIBF faculty itself is comprised of business, banking, finance and technology experts with extensive experience in the industry. We embrace innovation in education and our courses are flexible and delivered through a variety of media, to provide a rich learning experience.