Master of Innovation and Entrepreneurship

Course summary

The Master of Innovation and Entrepreneurship will provide you with the knowledge and skills necessary to develop ideas into sustainable business opportunities and to foster innovation in your workplace. You will learn how to cultivate an entrepreneurial mindset, experiment with design thinking, and learn to use tools and techniques to convert your ideas into reality.

Throughout your degree, our academics will equip you with knowledge in innovative leadership, financial skills for entrepreneurs, how to navigate the complexities of innovation and entrepreneurship, business innovation planning, and creating and marketing new products. You will understand how to raise capital and gain detailed knowledge of the complexities of initiating, developing, managing and exploiting innovation.

The Master of Innovation and Entrepreneurship will allow you to explore the potential exploitation of your own business idea. You will learn to evaluate opportunities from a range of perspectives, including financial, technical and legal, as well as gain a thorough understanding of the processes associated with the development and marketing of a new product in today’s complex environment.

You will then complete your degree with an industry-based research project that will enable you to apply the skills developed into a practical project.

For a 2 year program, this degree can be combined with a second Master’s degree from Sydney Business School.

Course information

Study area

Business

Campus

Wollongong, Sydney

Course Code

3031

Duration

1.5 years full-time (or part-time equivalent); or 2 years if combined with another master's program from an approved list

Delivery

On Campus

Cricos

0100308

UAC Code

-

Admission, Key dates, and Fees

A range of admission options are available for students of all ages and academic backgrounds. The procedures governing admission are defined in UOW's Admissions Procedures, and the UOW College Admissions policy.

For any specific advice or questions regarding an application, please contact the Future Students Team.

A recognised bachelor degree with an equivalent average mark of 50%; or a UOW Graduate Certificate in Business; or Graduate Certificate in Innovation Entrepreneurship. Other tertiary qualifications combined with extensive professional work experience will be considered.

CREDIT FOR PRIOR LEARNING


  • If you hold a bachelor degree in a Business or Commerce related area you may be granted credit for up to 24 cp (4 core subjects).

  • Graduates of the Master of Innovation and Entrepreneurship can progress to another select master’s program and receive up to 36 credit points credit into their new master’s degree - so you can complete 2 master’s programs in 2 years.

  • Graduates looking to progress to the Master of Business Administration will receive up to 30 credit points credit into the MBA program, if they meet the appropriate work experience entry requirements.

FEES

CAMPUS

DELIVERY METHOD

SESSION FEE*

COURSE FEE*

Sydney, Wollongong

On Campus

$11,520 (2020)

$46,080 (2020)

The above tuition fee is the amount payable for a full fee-paying place. Some Commonwealth Supported places may be awarded on an equity basis. Contact UOW Future Students, or telephone 1300 367 869 for an application form.

The fee per trimester is based on a study load equivalent to 18 credit points, ie three subjects.

For information regarding fees and assistance, including Commonwealth contribution amounts, please refer to the UOW Current Students website.

Tuition fees are dependent upon the actual year of commencement and are subject to change without notice.

* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at UOW, your fees will be fully confirmed at the time of your offer.

A recognised bachelor degree with an equivalent average mark of 50%; or a UOW Graduate Certificate in Business; or Graduate Certificate in Innovation Entrepreneurship. Other tertiary qualifications combined with extensive professional work experience will be considered.

ENGLISH REQUIREMENTS

The following level of English is required to gain admission to this program:

English Test

Overall Score

Reading

Writing

Listening

Speaking

IELTS Academic

6.5

6.0

6.0

6.0

6.0

TOEFL (Internet-based)

86

18

18

17

17

UOW College: English for Tertiary Studies: Credit (weighted average mark of 65 overall and minimum 50 in Academic Reading and Writing)

Other qualifications may also be considered. Full details can be found on our English Language Requirements website.


CREDIT FOR PRIOR LEARNING


  • If you hold a bachelor degree in a Business or Commerce related area you may be granted credit for up to 24 cp (4 core subjects).

  • Graduates of the Master of Innovation and Entrepreneurship can progress to another select master’s program and receive up to 36 credit points credit into their new master’s degree - so you can complete 2 master’s programs in 2 years.

  • Graduates looking to progress to the Master of Business Administration will receive up to 30 credit points credit into the MBA program, if they meet the appropriate work experience entry requirements.

FEES

The fee per trimester is based on a study load of 18 credit points, i.e. three subjects.

Tuition fees are dependent upon the actual year of commencement and are subject to change without notice.

Overseas Health Cover:
Overseas Health Cover (OSHC) must be purchased for the proposed duration of the student visa. For information regarding the OSHC fees applicable, please refer to the international fees website.

CAMPUS

DELIVERY METHOD

SESSION FEE*

COURSE FEE*

Wollongong

On Campus

$11,772 (2020)

$47,088 (2020)

Sydney

On Campus

$11,772 (2020)

$47,088 (2020)

* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at UOW, your fees will be fully confirmed at the time of your offer.

Admission Profile


INDICATIVE ENROLMENT



STUDENT PROFILE

This table shows the breakdown of the applicant background of the student group at UOW for this course. It provides data on students that commenced undergraduate study and continued study beyond the census date at UOW in 2018.

Applicant background

2018 intake

2018 intake (%)

Higher education study Students who have studied a University course, or completed a bridging or enabling course.

-

-

Vocational education & training study Students who have undertaken vocational education or training since leaving school.

-

-

Work & life experience Students admitted on the basis of previous achievement other than higher education study, vocational education & training, or recent secondary education.

-

-

Recent secondary education

ATAR Only Students admitted only on the basis of ATAR including any applied adjustment factors.

-

-

ATAR plus additional criteria Students who were admitted on the basis of both ATAR and additional criteria (e.g. an audition or individual subject results).

-

-

Other criteria only (non-ATAR) These students were admitted on the basis of other criteria where ATAR was not a factor (e.g. UOW Early Admission).

-

-

International students All other students.

-

-

All students

-

-

< 5: Number of students is less than 5
N/A: Data not available for this item
N/P: Not published (hidden to prevent calculation of other numbers less than 5)


ATAR PROFILE

This table relates to all students selected on the basis of ATAR alone or ATAR in combination with adjustment factors. For more information on adjustment factors commonly available to applicants, see ‘ATAR-based admission’.

ATAR profile of ATAR-based offers in 2018

ATAR The unadjusted, raw ATARs for students offered a place wholly or partly on the basis of ATAR. Selection Rank The ATARs of the same student group, including the impact of adjustment factors.
Highest rank to receive an offer

-

-

Median rank to receive an offer

-

-

Lowest rank to receive an offer

-

-

< 5: Less than 5 ATAR-based offers made
N/A: Data not available for this item
N/P: Not published (less than 5 ATAR-based offers made)

More Information

For more information about UOW admission pathways, see UOW Admission Information.

Key Dates

SESSION

CAMPUS

SESSION DETAILS

2020 Trimester 1

Wollongong, Sydney

Enrolment and Orientation: 4 – 5 February 2020 (Sydney), 6 - 7 February 2020 (Wollongong)
Session: 10 February - 1 May 2020

Applications Close

  • Domestic Applicants (Direct): 31 January 2020. Late applications may be considered.
  • International Applicants: 24 January 2020. Late applications may be considered.

2020 Trimester 2

Wollongong, Sydney

Enrolment and Orientation: 12 - 13 May 2020 (Sydney), 14 – 15 May 2020 (Wollongong)
Session: 18 May – 7 August 2020

Applications Close

  • Domestic Applicants (Direct): 1 May 2020. Late applications may be considered.
  • International Applicants: 1 May 2020. Late applications may be considered.

2020 Trimester 3

Wollongong, Sydney

Enrolment and Orientation: 18 – 19 August 2020 (Sydney), 20 – 21 August 2020 (Wollongong)
Session: 24 August – 19 November 2020

Applications Close

  • Domestic Applicants (Direct): 7 August 2020. Late applications may be considered.
  • International Applicants: 7 August 2020. Late applications may be considered.

Course Structure

(Current year structure - subject to change)

Course Handbook

Why choose this course

We offer three intakes per year, and many subjects are scheduled to fit in with your professional and lifestyle commitments. Some classes are offered on a weekly basis, mostly in the evening, while others run in intensive mode over the weekend to minimise time away from other responsibilities.

Over 90% of our graduates are employed within 4 months of graduating and our postgraduate students average starting salary is $108,800 AUD, 4% higher than the nation’s average*.

Choose to study your program from one of our two campuses: the Sydney CBD campus overlooking the stunning Sydney Harbour and its impressive bridge, or our Wollongong Campus set amongst landscaped gardens, minutes away from the Pacific Ocean.

We offer a variety of Scholarships available for both Domestic and International students ranging from 10% to 100%, so you are able to invest in your future.

Our courses are continually developed, informed by research, structured on applied outcomes, recognised by employers, delivered by highly qualified academics and supported through additional specialised student learning and development resources.

Our dedicated student support services are built around your individual needs. Our student advisors, academic staff and careers consultant are available each week for consultation. Study skills workshops are also run weekly to ensure your success. We provide a number of social and semi-formal events that give you the opportunity to network with your peers, members of the local business community and alumni.

International students can choose to take up the option of selecting the elective subject, Global Workplace Practice, which includes practical job seeking activities and access to the Australian workforce either through an internship, industry-based project or part-time employment.

*QILT 2016-2018 Graduate Outcomes Survey.