University of Melbourne
Master of Entrepreneurship
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 12 months
- Course Type: Master's
Facilitates your career as an agent of change, either within a new venture or an established organisation.
Course overview
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. 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 the 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.
Key facts
What you will study
The 100-point Master of Entrepreneurship consists of:
- Four compulsory subjects (50 points)
- One constrained elective subject (12.5 points)
- Two capstone subjects (25 points)
- One elective subject from the approved elective options (12.5 points)
Students must complete all of the following subjects:
- Business Model Innovation
- Seminars in Entrepreneurial Finance
- Managing Growth
- Entrepreneur Within
Entry requirements
To be considered for entry into this course, you must have one of the following:
- A bachelor's honours degree (or equivalent) in a related discipline with a Weighted Average Mark (WAM) of at least 65% (or equivalent).
- 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).
- A three-year undergraduate qualification in a related discipline AND at least two years of documented relevant work experience.
- 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.
- 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.
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 a recognised previous study taught and assessed entirely in English or an approved English language test.
Contact the university or visit its website for more information.
Recognition of Prior Learning
Prior studies may be credited towards your degree and potentially reduce the duration of your course. This is known as Advanced Standing (also known as credit or recognition of prior learning). Contact the university for more details.
Outcomes
Learning outcomes
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 evidence-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.
Fees and FEE-HELP
Indicative first-year and total course fee in 2026: $37,984 (domestic full-fee paying place)
The indicative fee shown is based on a full-time study load of 100 credit points (eight subjects).
Student fees may vary in accordance with:
- The number of subjects studied per term.
- The choice of major or specialisation.
- Choice of subjects.
- Credit from previous study or work experience.
- Eligibility for government-funded loans.
You may also need to pay the student services and amenities fee.
Student fees shown are subject to change. Contact the university directly to confirm.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.