Master of Entrepreneurship
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    Master of Entrepreneurship

    University of Melbourne
    University of Melbourne
    Australia
    Australia, Melbourne
    University Rank:#13
    Go to Official Website
    Duration1 year(s)
    Tuition Fee
    AUD 56,992 / Year

    Master of Entrepreneurship

    About

    Overview

    This is a unique program for people who want to innovate, iterate and solve real-world problems through entrepreneurial knowledge, skills and mindset.

    Why study Entrepreneurship at Melbourne?

    1. Join our vibrant community: The program is co-delivered with Wade Institute of Entrepreneurship, based at Ormond College, the University of Melbourne. Wade Institute is a leading centre for immersive entrepreneurial and investor education with a diverse and vibrant community for change.
    2. Learn from the best: You’ll be taught by leading academic experts in entrepreneurship and business, experienced entrepreneurs and industry practitioners. Additionally, you'll have the opportunity to learn from frequent guest speakers who are local and global thought leaders, innovators, and investors.
    3. Find your people: This is an interactive program for a small number of motivated, curious people, like you, who will become part of Victoria’s entrepreneurship community and ecosystem connecting with industry mentors, speakers, investors and incubators as part of the program.
    4. Customise your toolkit: Tailor your learning experience with our specialisations, providing the essential knowledge and skills to bring your entrepreneurial dreams to life—whether you're launching a new venture or driving innovation within an established company. Build your entrepreneurial capability and confidence through immersive learning experiences that put theory into practice, ensuring you're ready to take on any challenge.

    What is it about?

    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 organisation. 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.

    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.

    Career Pathways

    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.

    Also available: Graduate Certificate in Entrepreneurship

    Requirements

    Entry Requirements

    Admission criteria

    To be considered for entry into this course, you must have:

    • A bachelor honours degree (or equivalent) in a related discipline with a Weighted Average Mark (WAM) of at least 65% (or equivalent), OR
    • A three-year undergraduate qualification and at least 50 credit points (or equivalent) of graduate study in a related discipline with a WAM of at least 65% (or equivalent), OR
    • A three-year undergraduate qualification in a related discipline AND at least two years of documented relevant work experience, OR
    • A minimum of eight years of documented relevant work experience.

    You must also:

    • Submit a personal statement of no more than 1000 words outlining why you wish to be considered for this course, AND
    • If shortlisted, attend an interview.

    Disciplines related to this course include business, economics, or similar.

    Work experience relevant to this course may include roles in industries such as innovation, business development, or entrepreneurship.

    Meeting the published entry requirements for this course does not guarantee selection.

    Where our admission criteria includes a minimum Weighted Average Mark (WAM) and/or specific subject criteria, these are based on University of Melbourne grades and subjects. If you've studied elsewhere, we'll assess your relevant prior studies and equivalent grades. Your final WAM may be adjusted depending on your previous institution's accreditation, subject grading, and pass marks.

    You can use our graduate coursework grade conversion eligibility calculator to get an indication of whether you are eligible for this course based on your previous studies and Weighted Average Mark (WAM).

    Calculate your eligibility

    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.

    About selection

    When assessing applications, the Selection Committee will consider your previous studies and academic performance.

    The Selection Committee may request additional information to clarify any aspect of an application, according to the University’s Academic Board rules regarding selection instruments.

    Meeting the published entry requirements for this course does not guarantee selection.

    The Selection Committee will consider your personal statement, and if relevant to your application, your professional experience.

    If your application is shortlisted, you will also be required to attend an interview, your performance in which will also be used to assess your application.

    English Program 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.

    • Career

    Master of Entrepreneurship graduates generally follow one, or a combination, 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.

    Master of Entrepreneurship graduate careers:

    Yesha Patel
    Independent venture

    Co-founder, After

    Sakshi Thakur OAM
    Independent venture

    Co-founder, Sewing The Seeds

    Karolina Petkovic
    Corporate innovation

    Senior Experimental Scientist, CSIRO

    Belen Valera Paciello
    Corporate innovation

    Customer Experience Lead, Tigo Money HQ

    Godwin Shorland
    Venture capital/ consulting

    Senior Technology Consultant, EY

    Maarten Van Gorp
    Venture capital/ consulting

    Venture Acceleration Manager, imec.istart

    Your skill set

    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.
    Software Developer

    Fee Information

    Application Fee 154

    Master of Entrepreneurship

    University of Melbourne

    University of Melbourne

    Australia

    Australia, Melbourne

    Go to Official Website