Accommodation
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In association with Draper University, Silicon Valley.
Degree
MBA
UK & US Degree
Location
Chiswick Park Campus & Draper University (Silicon Valley, California, USA)
Duration
1 Year (full-time)
Tuition Fees
UK / EU, US & INTERNATIONAL – £22,890
Internships
Optional 2-6 months internships in UK / US / International via Global Career Center
Are you an entrepreneur, a leader, thinker and motivator who would like to gain key business management skills? Then discover more about this truly innovative MBA which will provide all the core business and financial knowledge and skills you need, combined with a five week entrepreneurial study abroad course in the heart of Silicon Valley, USA, at Draper University, where you will be given the opportunity to pitch your business idea direct to potential investors.
This MBA programme really is unique.
It gives you the opportunity to gain an MBA, one of the most prestigious degrees in the world, at an international and specialist University in London. In fact, you will get two degrees, one from the US and one from the UK, creating more opportunities on graduation. What is more, this programme also provides an entrepreneurial twist, which will set you apart from the competition.
That’s because this MBA, organised in in partnership with Draper University, includes an innovative five-week, ‘Hero Training’ programme. This fully residential and immersive learning experience has been created for ambitious entrepreneurs who are looking to build on their skill sets, expand their network, get ahead in launching a business, and seeking opportunities to pitch for investment.
The first semester begins with a thorough study of economic analysis for managers, global marketing strategy and explores how to manage both organisations and people.
In the second semester, you will move on to examine the principles of strategic management, financial management and how to conduct business research as well as a course exclusive to this MBA at Richmond, entrepreneurship and innovation management.
The MBA faculty team at Richmond, which includes both academics and experienced industry professionals, is collaborative and supportive. They practice the latest teaching methods which stimulate critical thinking and creativity and encourage you to explore boundaries in your thinking and actions.
In the third semester, you will then live and study for five weeks in Silicon Valley, in California, USA, at Draper University. This section of the MBA programme is designed to develop your skills in entrepreneurship, innovative thinking, providing a technology and business mind-set in the epicentre of Silicon Valley surrounded by top innovators and entrepreneurship leaders.
With this course at Draper University, you can learn to think like an entrepreneur with modules such as future and innovation, VC training, being a great mentor, corporate entrepreneurship and Silicon Valley immersion.
Every week, you will be completing 40 hours of learning which will enable the progression of your business and the development of your network in Silicon Valley.
Draper University will focus on the business development and innovation aspect of the programme, while Richmond will provide you with all the business and management acumen of an MBA at an international university. It’s a winning combination.
Please note that non-US citizens will need a US Visitor (B) visa to enter the country for the five-week course at Draper University.
The MBA curriculum consists of 36 US / 180 UK credits, including 7 courses at Richmond (26 US/ 130 UK credits) over two semesters.
The final 10 credits in the third semester consist of an Enterprise Project and an Entrepreneur’s Learning Journal, both of which are completed following the intensive five-week training course at Draper University.
After the course, students undertake a presentation of the Enterprise Project to a panel of potential investors, gaining 6 US (30 UK) credits. The Enterprise Project seeks to provide students with the opportunity to demonstrate their capabilities in researching, planning and delivering an entrepreneurial business idea.
In addition, students complete a 3,000 word reflective learning journal, Entrepreneur’s Learning Journal course, for 4 US (20 UK) credits. The Journal is aimed at helping students identify the benefits gained from the entrepreneurial learning experience, and to help them determine in which direction their current entrepreneurial skills and business ideas need further development.
Fall Semester
Spring Semester
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Summer Semester (at Draper University)
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In terms of following up with the assessment of student learning and consistent with US liberal arts traditions, our classes rely on the system of continuous assessment on a course by course basis and throughout any given semester. This approach often involves the use of term-papers, portfolios of work, quizzes, mid-semester and final exams as well as student presentations and general class discussion. Not every component applies to every course, but most do relate to many of the classes that are offered. Many of our courses involve a site visit or require attendance at a public lecture as well.
Course content can be subject to change and is also subject to revalidation. For more detailed information on the programme specification, please find more details here.
The entry requirements for the majority of our postgraduate programmes at Richmond are the same, regardless of your chosen study option, excluding our MSc level programmes
We understand that not every student is in the same situation, if you have any questions about your qualifications, please get in touch with us admissions@richmond.ac.uk.
For more information on English Language Requirements visit our How to Apply webpage.
Postgraduate tuition fees for students starting their programme this academic year can be found in the table below.
UK | EU / INT / US | |
Fall 2024/Spring 2025 | Fall 2024/Spring 2025 | |
MBA
inc Human Resource Management & Marketing pathways
(per year) |
£14,175 | £17,325 |
MBA Entrepreneurship
in association with Draper University
(per year) |
£22,890 | £22,890 |
(Hint: Scroll left & right to view the full table)
In the event that a student decides after 31 January in the relevant academic year that they do not want to go to the United States they are still liable for the full £21,800 LESS the accommodation costs of $2625. If this happens the student will not be entitled to qualify with the MBA Entrepreneurship but they can still take an Entrepreneurship-related project/dissertation and graduate with the standard MBA on their transcript and diploma.
Students who are refused a US Visitor (B) visa will be entitled to apply for a full refund for the five-week course at Draper University.
Fees exclude any visa costs. The fee for this programme includes housing for the US segment of the programme.
We offer career support and advice through our Careers & Internships Office that will assist and guide you in your study choices to make sure you stand out from the crowd when you graduate. Through internships you will gain business acumen, beneficial work experiences and transferable skills which will give you a competitive advantage in a fast-paced working environment. Work while you study across 5 continents through our partners Connect123 and CRCC Asia with destinations in Spain, Argentina, South Africa, China, Japan, Vietnam and Australia.
American Express, BP, Citroen Algeria, Coca-Cola Servicios de Colombia, Credit Suisse, Glencore India Pvt Ltd, Laura Ashley Foundation, Merrill Lynch, Royal Bank of Scotland, Standard Chartered Bank, UBS, and the United Nations
PhD, Parsons School of Design – New York, Central St Martins -UAL, London Business School, LSE
The Internship Programme at Richmond integrates industry knowledge with real working experience. Students will be challenged to relate course projects to the workplace, make contacts which may prove valuable to their future employment prospects, and gain confidence in their capabilities, creativity and communication skills. Internships are designed to be both demanding and rewarding. The internship will provide an opportunity to better understand the marketplace, using the skills learned on courses in a real-world setting, as students produce an assessed record of their experiences.
A broad education of this kind equips graduates for a wide range of careers internationally, while enabling them to develop specialist expertise in areas of particular interest.
Students interested in gaining work experience in the USA during their last semester and wishing for help to secure a placement can be linked up to Richmond’s partner GCC (Global Career Center).
This organization will offer students comprehensive career training, find them a placement with a hosting company related to their field of studies in the USA and provide all the necessary support to students with their J1 visa application.
This optional internship will incur an additional cost of $3500 (£2600) which will cover: the J1 visa application, site visit and insurance costs ($1820), GCC’s continuous training as well as finding a placement.
The initial cost to start the coaching and training part of the programme is $1,000 and the rest of the fee is only paid once the internship has been confirmed by the host organisation/company and validated by RAIUL’s International Internship Coordinator.
An official certificate of completion will be awarded to every student having successfully completed the programme.
Visit our Careers & Internships webpage for more details on the Host Organisations and examples of Work projects.
For more information contact our Head of Careers and Internships Cecile Loyen.
You can apply for Postgraduate study using our online application form and follow the guide below.
Whilst most of our courses do not set an exact deadline for applications, you are advised to apply early to secure your place and organise any sponsorship or funding.
Visit our How to Apply webpage for more information regarding Entry Requirements, admissions processes and to start your application.
If for any reason you can’t obtain a US Visitor (B) visa, then you will graduate with the standard MBA on your transcript and diploma, but you can still take an Entrepreneurship-related project/dissertation.
“I founded Draper University in 2012 with a vision and belief that in order to change the world we have to change education. Draper University aims to teach entrepreneurship globally in an entirely new way. I’m thrilled that, with Richmond, The American International University in London, we can share our approach with students of this new MBA in Entrepreneurship.”
– Tim Draper, American venture capitalist
Founded by the legendary Tim Draper who has launched a series of venture capital firms around the world, Draper University has attracted more than 2,000 alumni from over 86 countries with phenomenal results – more than 700 start-ups have been created which have raised over USD 367 million dollars.
The focus at Draper University is to provide transformational pro-business and entrepreneurship training. The teaching is unique. It incorporates unconventional methods which mirror real world scenarios and pragmatic learning methods. The most important aspect of this learning methodology is to empower the student with the path to gaining knowledge and skills.
Visit draperuniversity.com >
“I am so delighted about the launch of this programme. Our MBA with a pathway in Entrepreneurship is truly innovative in itself! The combination of academic tuition in London and entrepreneurial training in the Silicon Valley makes this a unique programme. Presenting ideas in front of a panel of potential investors is a fabulous opportunity that every MBA in Entrepreneurship student is looking for.”
Professor Greg Gannon
Head of Richmond Business School
“Draper is unique in its approach to what entrepreneurship is. This is reflected in the way the program is structured. In fact, the only students there were us (Richmond students), and the rest of the cohort consisted of entrepreneurs - young people obsessed with their projects. It is huge luck for a student who wants to start their own business to find themselves in the company of such fanatically obsessed entrepreneurs. During the course, invited speakers (entrepreneurs, investors, bloggers, etc.) came to us and shared their experience, knowledge and contacts.”
Sign up and find out about our programmes, generous scholarships and what life is like at Richmond.
Our students have gone on to a range of successful careers in finance, business, media and not-for-profit organisations thanks to the unique teaching experience at Richmond. We spoke to those alumni as well as faculty members and employers about career prospects for future students graduating with a dually accredited liberal arts degree.
Flick through and download our MBA brochure to find out more about the programme, integrated internships & unique career opportunities.