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Master of Entrepreneurship (MC-ENTRPSP)
Masters (Coursework)Year: 2022 Delivered: On Campus
About this course
Contact
Program Director:
Professor Gerda Gemser
gerda.gemser@unimelb.edu.au
Current Students:
General information: ask.unimelb.edu.au
Future Students:
Further information: Submit an enquiry
Principal Coordinator
Gerda Gemser
Overview
Award title | Master of Entrepreneurship |
---|---|
Year & campus | 2022 |
CRICOS code | 107114A |
Fees information | Subject EFTSL, level, discipline and census date |
Study level & type | Graduate Coursework |
AQF level | 9 |
Credit points | 100 credit points |
Duration | 12 months full-time or 24 months part-time |
In the Master of Entrepreneurship you will learn how to develop new businesses, products, services, or processes, creating value and generating new revenue growth through entrepreneurial thought and action. This program will facilitate your career as an agent of change, either within a new venture or an established organization. Students will learn about the latest concepts, frameworks, tools and techniques to identify and successfully implement new business opportunities. During the course of the year, there will be many opportunities to interact with and learn from (corporate) entrepreneurs and put obtained knowledge, tools and skills into practice.
Master of Entrepreneurship graduates generally follow one of three career paths:
- Independent venture creation path: start your own business.
- Corporate innovation path: bring innovative business opportunities to established companies.
- Venture capital/consulting path: Help start, grow or mature small companies
Entry requirements
1. In order to be considered for entry, applicants must have completed:
- A bachelor honours degree* or equivalent in a cognate area (i.e., business or economics related); or
- A three-year undergraduate qualification* and at least 50 credit points, or equivalent, of graduate study in a cognate area; or
- A three-year undergraduate qualification* in a cognate area and at least two years of documented, relevant work experience; or
- A minimum of eight years documented, relevant work experience; and
- A personal statement (no more than 1000 words) outlining why they wish to be considered for the course; and
- An interview (for shortlisted candidates only).
*Undergraduate qualification must have a University of Melbourne equivalent weighted average mark of least 65% (H3) or equivalent.
Meeting these requirements does not guarantee selection.
2. In ranking applications, the Selection Committee will consider:
- Prior academic and/or professional performance; and
- The personal statement, and
- The interview (for shortlisted candidates).
3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board Rules on the use of selection instruments.
4. Applicants are required to satisfy the university’s English language requirements for graduate courses. For those applicants seeking to meet these requirements by one of the standard tests approved by the Academic Board, performance band 7.0 is required.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook. Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Intended learning outcomes
On completion of this course, graduates should be able to:
Learning Goal 1: Graduates of this degree will be adept at creating, analysing and evaluating entrepreneurial ventures.
- Describe and explain core knowledge on entrepreneurship and innovation in both new ventures and established organizations
- Identify and apply essential methods for researching entrepreneurship related problems
- Evaluate the impact of a range of social, cultural and environmental factors on enterprises and the market.
Learning Goal 2: Graduates of this degree will be creative, critical thinkers in relation to entrepreneurial practice and in developing evidence-based solutions to problems in enterprises and in broader society.
- Explain and analyse entrepreneurial business opportunities from ideation to implementation
- Identify strategic issues and solutions in relation to growth and pathways to market for entrepreneurial business opportunities
- Apply knowledge of theory to analyse problems in different markets nationally and globally
- Demonstrate creativity and initiative in the application of knowledge to problem solving and entrepreneurial practice.
Learning Goal 3: Graduates of this degree will be effective and ethical decision makers of entrepreneurial enterprises.
- Apply basic data analytic techniques to analyses enterprise decisions
- Apply ethical frameworks for decision-making
- Apply governance strategies to create sustainable enterprises
- Utilise a range of tools of analysis relevant to the evaluation of business planning, pitching, financing, leading and growing enterprises, as well as product and market fit
- Use evidence-based research techniques to support and evaluate decisions
- Execute a pop-up enterprise requiring research, validation and business processes evaluation
- Apply knowledge of entrepreneurship discipline to identify and implement entrepreneurial business opportunities.
Learning Goal 4: Graduates of this degree will be competent in professional knowledge and skills in the entrepreneurship discipline in preparation for an entrepreneurial career.
- Demonstrate core networking and collaboration skills
- Demonstrate an understanding of the requirements to be a successful entrepreneur including self-awareness, creativity, reflective practice, and strategies to motivate and lead others and to manage change
- Demonstrate the capacity to successfully work independently with personal accountability
- Appraise recent developments in the entrepreneurship discipline.
Generic skills
- Appraisal of core theories, principles, and techniques
- Critical evaluation of evidence in support of an argument or proposition
- Problem solving and creativity through the application of appropriate theories, principles, techniques, and data
- Communication of ideas, theories and solutions to peers and the wider community
- Ability to synthesize ideas, theories and data in developing opportunities and solving problems
- Ethical practice through knowledge of ethical decision making and knowledge of best practice
- Research skills including the retrieval and application of information from a variety of sources
- Demonstrate a capacity to successfully engage in collaborative activities such as group-based work and activities
- Demonstrate a capacity to embrace uncertainty and flexibility
- Interpret and effectively communicate research results, both orally and in written form, to specialist and non-specialist audiences.
Graduate attributes
On successful completion of this degree graduates will be:
- Adept at analysis and evaluation of social and business problems to enable evidence-based enterprise decision making
- Proficient in professional knowledge and skills in entrepreneurial practices
- Skilled at identifying and implementing entrepreneurial business opportunities in a simulated real-life environment
- Competent at analysing and evaluating information to enable evidenced-based entrepreneurial practice
- Ethical problem solvers in enterprise creation through the application of appropriate concepts, principles and data
- Strategic and critical thinkers in relation to enterprise growth and pathways to market
- Effective communicators of entrepreneurship concepts to peers and the wider community
- Able to conduct basic market research and to retrieve information from a variety of sources
- Able to collaborate to initiate and implement entrepreneurial ventures.
Course structure
The Master of Entrepreneurship consists of:
- 4 compulsory subjects, 50 points
- 3 constrained elective subjects (capstone pathway) 37.5 points
- 1 elective subject from the approved elective options, 12.5 points
Semester 1
Code | Name | Study period | Credit Points |
---|---|---|---|
MGMT90225 | Business Model Innovation | Not available in 2022 | 12.5 |
FNCE90089 | Seminars in Entrepreneurial Finance | Not available in 2022 | 12.5 |
AND
New Venture Creation Pathway
Code | Name | Study period | Credit Points |
---|---|---|---|
MKTG90025 | Marketing for Entrepreneurs | Not available in 2022 | 12.5 |
MGMT90230 | New Venture Creation: Initiation | Not available in 2022 | 12.5 |
OR
Corporate Entrepreneurship Pathway
Code | Name | Study period | Credit Points |
---|---|---|---|
MKTG90002 | New Product Development | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
MGMT90285 | Intrapreneurship: Initiation | Not available in 2022 | 12.5 |
Semester 2
Code | Name | Study period | Credit Points |
---|---|---|---|
MGMT90228 | Managing Growth | Not available in 2022 | 12.5 |
MGMT90229 | Entrepreneur Within | Not available in 2022 | 12.5 |
AND
New Venture Creation Pathway
Code | Name | Study period | Credit Points |
---|---|---|---|
MGMT90286 | New Venture Creation: Validation | Not available in 2022 | 12.5 |
OR
Corporate Entrepreneurship Pathway
Code | Name | Study period | Credit Points |
---|---|---|---|
MGMT90284 | Intrapreneurship: Implementation | Not available in 2022 | 12.5 |
Choice of 1 elective subject from:
Code | Name | Study period | Credit Points |
---|---|---|---|
BUSA90525 | Business and Economics Internship |
January (Off Campus)
Summer Term (Off Campus)
Semester 1 (Off Campus)
Winter Term (Off Campus)
Semester 2 (Off Campus)
November (Off Campus)
|
12.5 |
BUSA90473 | Business Practicum |
Semester 1 (Dual-Delivery - Parkville)
Winter Term (On Campus - Parkville)
|
12.5 |
BUSA90485 | Global Business Practicum |
Summer Term (Online)
Winter Term (On Campus - Parkville)
November (On Campus - Parkville)
|
12.5 |
MGMT90165 | Social Entrepreneurship | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
BUSA90013 | Brand Management |
Summer Term (Dual-Delivery - Parkville)
June (On Campus - Parkville)
|
12.5 |
BUSA90053 | Corporate Strategy |
July (On Campus - Parkville)
September (On Campus - Parkville)
|
12.5 |
BUSA90519 | Internet Marketing & Electronic Commerce | Not available in 2022 | 12.5 |
BUSA90273 | Negotiations |
Summer Term (Dual-Delivery - Parkville)
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
July (On Campus - Parkville)
|
12.5 |
BUSA90524 | Fintech: Blockchain in the New Economy | August (On Campus - Parkville) |
12.5 |
BUSA90527 | Digital Product Management | October (On Campus - Parkville) |
12.5 |
BUSA90458 | Managerial Judgement | September (On Campus - Parkville) |
12.5 |
LAWS90125 | Fundamentals of Intellectual Property | August (On Campus - Parkville) |
12.5 |
Note:
Students following the new venture creation pathway complete:
Code | Name | Study period | Credit Points |
---|---|---|---|
MKTG90025 | Marketing for Entrepreneurs | Not available in 2022 | 12.5 |
MGMT90230 | New Venture Creation: Initiation | Not available in 2022 | 12.5 |
MGMT90286 | New Venture Creation: Validation | Not available in 2022 | 12.5 |
Students following the corporate entrepreneurship pathway complete:
Code | Name | Study period | Credit Points |
---|---|---|---|
MKTG90002 | New Product Development | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
MGMT90285 | Intrapreneurship: Initiation | Not available in 2022 | 12.5 |
MGMT90284 | Intrapreneurship: Implementation | Not available in 2022 | 12.5 |
Last updated: 30 January 2024