Master of Entrepreneurship (Enhanced)

Why study Entrepreneurship at Melbourne?

1. Start something that matters: This is a program for people who want to innovate, iterate and solve real world problems through entrepreneurship.
2. Learn in a completely new way: You’ll study at the purpose-built Wade Institute. Designed to be a 24/7 co-working space and for small-class seminars, giving you a space to experiment and where it’s OK to fail.
3. Customise your toolkit: Our choice of specialisations allows you to develop the right knowledge and skills to make your entrepreneurial ambition a reality, whether that's starting a new venture or innovating within an established company.
4. Find your people: This is a boutique program for a small number of motivated, curious people, like you, who will become part of Melbourne’s entrepreneurship community connecting with industry mentors, speakers, investors and incubators as part of the program.
5. Learn from the best: You’ll be taught by leading academic experts in entrepreneurship and business as well as experienced entrepreneurs from industry.

Note: Part-time study is also available for domestic students.

What is it about?

In the Master of Entrepreneurship (Enhanced) 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 organisation. Students will learn about the latest concepts, frameworks, tools and techniques to identify and successfully implement new business opportunities. During the course, there will be many opportunities to interact with and learn from (corporate) entrepreneurs and put obtained knowledge, tools and skills into practice.

Melbourne Business School's Master of Entrepreneurship will provide you with the knowledge and skills needed to develop, launch and grow innovative enterprises and to successfully commercialise your own products and services.

You’ll learn how to design new products and services using the latest in design thinking as well as how to develop a successful business model. This highly practical program will allow you to meet a wide range of entrepreneurs, have the opportunity to be mentored by them and get experience inside existing start-ups through internships.

During the course of the year, you’ll develop your own start-up initiatives and pitch for real funding to launch your enterprise.

Choose the right option for you

The course has been redesigned to allow students to choose an area of interest, whether that is entrepreneurship or intrapreneurship. In the intrapreneurship specialisation, students will learn the why, when and how organisations can engage in corporate entrepreneurship, equipping them to support organisations to grow and become more innovative by embracing an entrepreneurial mindset.

The Master of Entrepreneurship is also offered as a 100pt course or 150pt course. The standard Master of Entrepreneurship is for students with some foundational knowledge, while the Master of Entrepreneurship (Enhanced) consists of additional foundational subjects for students with less experience in the area.

Career pathways

Master of Entrepreneurship (Enhanced) 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.

Also available: Graduate Certificate in Entrepreneurship, Master of Entrepreneurship.

English language requirements

All applicants to the University of Melbourne must satisfy the English language requirements. This may be achieved in a number of ways, including recognised previous study taught and assessed entirely in English or an approved English language test. If you are from a non-English speaking background, the required standard of English for this degree is one of the following English proficiency test scores:

• English language test score requirements

• If you need to undertake an English language test, you must meet one of the scores* below:

  IELTS

  7.0

  ---

  with no band less than 6.0

  TOEFL

  94+

  ---

  with writing 27; speaking 18; reading 13; listening 13

  PEARSON

  72+

  ---

  with written communicative skill of 75 and no other communicative skill below 60

  CAMBRIDGE

  185+

  ---

  with no less than 185 in writing and no less than 169 in each other skill

  *Accepted tests: IELTS (Academic English Only); TOEFL Internet-based test; Pearson Test of English Academic; Cambridge English: Advanced/Certificate of Advanced English (CAE). If a test displays N/A, it means it is not accepted for this course.

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