Overview 2020
Location
Full Fee Paying places available
Location
- What is an ATAR
- CRICOS: 094950J
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For years prior to 2015, please view the Course and Unit Handbook Archive
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Students will engage with the teaching material in the classroom, and through entrepreneurial project work, a field trip, and relationships with mentors. A critical experiential learning component comes from guided project work with start-ups corporate venture where students will provide independent analysis of, and solutions to, problems confronting entrepreneurs and innovators operating in highly dynamic and uncertain environments. After observing and engaging with existing entrepreneurial ventures, students will embark on the development of their own start-up ideas within regional and global contexts, guided by academic staff and industry mentors. To achieve their entrepreneurial goals, students will learn industry-specific knowledge from experts, in particular industrial sectors that best coincide with students’ venture ideas. Examples of possible sectors include travel and tourism, agribusiness/aquaculture, and high technology.
This course is full fee-paying, which means that domestic students will be charged at the full fee-paying rate listed for each unit. Fees cover tuition, all study materials (with the exception of text books) and costs associated with the study sessions.
Learning Outcomes
On completion of the course graduates will be able to:
- Critically evaluate and reflect on theories and practices of entrepreneurship and innovation.
- Identify and critically analyse internal and external factors that affect a venture’s ability to create and/or discover new opportunities and that influence entrepreneurial decisions and the ability to commercialise products and services.
- Critically analyse the current and future state of a chosen industry sector (including the nature of competition, its financial and economic conditions, short- and long-run trends (both locally and globally), and other factors that will affect entrepreneurial activity in the sector.
- Effectively contribute to the management of the start-up and commercialisation practice by establishing entrepreneurial businesses and developing supportive organisational environments to foster innovation.
- Communicate new business ideas, plans and innovations in formats that engage and influence diverse stakeholders.
- Demonstrate creative and reflective thinking, lifelong learning and critical inquiry skills fundamental to entrepreneurial leadership.
Career outcomes
I have a very good relationship with my lecturers and my tutors. For my course, it’s a very small group so you have a lot of time to discuss with your tutors and they have a lot of experience in the industry.
Graduates from the course will have the foundational knowledge and skills necessary for starting their own business venture, or to make significant contributions to the development of new ventures within existing businesses.
Possible career opportunities include:
- entrepreneur/small business owner
- innovator within existing organisations, or new strategic business units
- general manager
- product manager
- research and development (R&D) manager
Course structure
The redeveloped Master of Entrepreneurship and Innovation course structure as presented below will be offered in 2020 subject to approval by Academic Senate.
Overview
You will study 12 core units plus a 50 credit point (4 x unit equivalent) capstone unit.
Core units
The purpose of this unit is to provide a solid basis in financial literacy. Through studying this unit, you will gain knowledge of both internal and external reporting for financial decision making. Rather than generating data, the emphasis in on…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BAA537 Accounting for Venture Decisions
According to the Global Economic Monitor Survey (2014), approximately 13% of the adult population in Australia is involved in either starting or managing a new business. (This percentage varies dramatically across different country contexts; see http://gemconsortium.org/). Many other individuals are…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Launceston | Semester 2 | ||||
This Unit integrates work and learning for students in the Master in Entrepreneurship and Innovation course in TSBE. It carries a 12.5 Credit Points (equivalent to one unit). This unit is Venture Project A and it is the first in…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BAA540 Venture Project A - Situation Analysis
Some of the most important skills for an entrepreneur are the ability to communicate effectively, establish relationships with all stakeholders related to your enterprise and being able to develop a network of people important to your success.This unit will develop…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
In Venture Project A, students conducted a situation analysis. In this unit you will undertake a project (or a set of tasks) with a start-up or a new venture in an existing company, in order to further build skills for…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
View all details for BAA614 Venture Project B - Opportunity Analysis
This unit is divided into two components. The first component deals with finance – the sourcing and management of funds as well as the valuation of your venture. The second component deals with risk – the understanding of what risk…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BAA746 Entrepreneurial Finance and Risk Management
Finding a profitable industry is one way entrepreneurs try to create long-term profitability for their ventures. Equally, or even arguably more, important is developing a successful strategy within a chosen industry as the basis for competitive advantage. To do this,…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
Creativity, innovation, commercialization, and business insight are important for successful entrepreneurship in general and start-ups in particular. Most entrepreneurs have ideas and energy to commence a business. However, they often lack in capitalising on structured opportunity to research, develop and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
In Venture Project A, students conducted a situation analysis; in Venture Project B, an opportunity analysis was undertaken. In this unit you will undertake a project (or a set of tasks) with a start-up or a new venture in an…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BAA749 Venture Project C - Business Model Assessment
Organisational Behaviour (OB) is the study of human behaviour at the individual, group and organisational level. The primary purpose of this unit is to improve the management of organisations through the development of knowledge of human behaviour. To do this,…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
Firms are paying more attention to the development of new products and services to enhance their market position. Commercialising innovative products and services on a timely basis is the key to not only profit, but in some industries, survival. However,…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
View all details for BMA608 New Product and Service Development
Marketing is a business function that goes beyond the mere act of selling or advertising-it encompasses the entire process through which value is created, captured and offered to customers. It is critical that organisations establish and maintain relationships with customers…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
The increasing use of the Internet and other digital media by both business and consumers is having a significant effect on business globally. For consumers, information and communication technologies (ICT) provide more information, convenience, and a wider range of, and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
View all details for BMA610 Digital and Social Media Marketing
Capstone unit
This unit is the last in a series of venture project units. It signifies the culmination of study towards the Master of Entrepreneurship and Innovation. The final project provides the opportunity to apply and extend the entrepreneurial theories and practices…
Credit Points: 50
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
Entry requirements
Eligibility
For admission to this course you must have:
- Completed an undergraduate degree of an Australian Higher Education Institution or the equivalent standard in any other institution; OR
- Completed the Graduate Certificate in Business Studies at the University of Tasmania, or an equivalent qualifying Graduate Certificate*.
* A qualifying Graduate Certificate is any Graduate Certificate from an Australian Higher Education Institution, or the equivalent from any other institution.
International students must provide one of the following: UTASAccess Level 7 with a minimum overall score of 65% and no individual skill below 60%; or an IELTS score with an overall Band of 6.5 and no band less than 6; or a TOEFL (iBT) overall score of 88 (no individual skill must be lower than: Reading 16; Listening 16; Speaking 18; and, Writing 22) or a PTE Academic overall score of 58 with no score lower than 50, or provide evidence that you have studied for 2 years full-time with English as the sole medium of instruction and examination. These tests must not be more than 24 months old.
Fees & scholarships
Domestic students
Domestic students enrolled in a full fee paying place are charged the Student Services and Amenities Fee but this fee is incorporated in the fees you pay for each unit you enrol in. Full fee paying domestic students do not have to make any additional SSAF payments.
Domestic students enrolled in a Commonwealth supported place will be charged a fee based on the number of units they enrol in. In 2020, this fee is $46.20 per unit (of 12.5 credit points). In 2020, the maximum charge for full time students is $308.
Domestic students enrolled in certain postgraduate coursework programs may not be eligible for student payments through Youth Allowance and Austudy. Visit the Department of Social Services website to find out more about eligibility for Centrelink support and the list of eligible courses
International students
2020 Total Course Fee (international students): $80,281 AUD*.
Course cost based on a rate of $39,450 AUD per standard, full-time year of study (100 credit points).
* Please note that this is an indicative fee only.
International students
International students are charged the Student Services and Amenities Fee but this fee is incorporated in the annual rate. International students do not have to make any additional SSAF payments.
Scholarships
For information on general scholarships available at the University of Tasmania, please visit the scholarships website.
How can we help?
Do you have any questions about choosing a course or applying? Get in touch.
- Domestic
- 1300 363 864
- International
- +61 3 6226 6200
- Course.Info@utas.edu.au
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