Master of Entrepreneurship (Enhanced) | Melbourne
ME University of Melbourne logo
Master's Degree Entrepreneurship Full Time

Master of Entrepreneurship (Enhanced)

at University of Melbourne · Melbourne, Victoria

CRICOS course code

107115M

CRICOS provider code

00116K

This course is registered on the Commonwealth Register of Institutions and Courses for Overseas Students. Verify it yourself at cricos.education.gov.au before paying any fee.

Duration

1.5 years

Tuition (whole course)

A$94,538 total

Per year

A$63,025/yr

Intake

Semester 1 (Feb/Mar), Semester 2 (Jul)

About this program

The Master of Entrepreneurship (Enhanced) at the University of Melbourne is designed for aspiring entrepreneurs, innovators, and business professionals who want to develop the necessary skills to launch new ventures or drive innovation within existing organisations. This 1.5-year master's programme provides students with advanced knowledge of entrepreneurial thinking, business model innovation, strategic decision-making, and commercialisation processes. Situated in vibrant Melbourne, a city recognised for its dynamic startup ecosystem, students benefit from the university's strong links with industry, start-up hubs, and local business networks.

This master's degree follows a structured program, typically comprising a series of advanced coursework units and practical components. Students normally engage in a blend of core and elective units, accumulating credit points that align with the Australian Qualifications Framework (AQF) for master's coursework degrees. Essential elements of the course often include a capstone project, where students can develop a business plan or work on a real-world entrepreneurial project, and may involve collaborative opportunities with industry partners. Work-integrated learning is embedded, giving students exposure to entrepreneurial environments and invaluable networking opportunities.

Graduates gain specialised skills in opportunity recognition, venture creation, market analysis, resource acquisition, and risk management. Additional competencies include leadership, communication, and the ability to adapt ideas for commercial and social impact. This course suits both recent graduates and professionals from diverse backgrounds who aspire to lead innovation, establish startups, or transform business practices in Australia or internationally.

As with all Australian master’s programmes, international students must meet English proficiency requirements, which can be demonstrated through IELTS, TOEFL, PTE Academic, Cambridge C1 Advanced, or completing qualifying English pathway programmes. Students should check the University of Melbourne’s official page for the latest admission and programme details. While studying, international students may work up to 48 hours per fortnight, and graduates may be eligible for the Temporary Graduate visa (subclass 485) post-study work stream, enabling further experience in Australia's entrepreneurial sector.

Entry requirements

English: International applicants must evidence English proficiency. IELTS Academic 6.0–6.5 overall is the common undergraduate and coursework-postgraduate standard, rising to 7.0–7.5 for teaching, nursing, medicine, law and social work. TOEFL iBT, PTE Academic, Cambridge C1 Advanced and the university’s own English programmes are accepted as equivalents; the Department of Home Affairs sets a separate English threshold for the Student visa itself.
International students: Registered on CRICOS for international students. A Confirmation of Enrolment (CoE) for this course supports a Student visa (subclass 500) application; Overseas Student Health Cover is required for the full duration.

Career outcomes

  • Startup Founder or Co-founder
  • Innovation Manager in established organisations
  • Business Development Manager
  • Venture Capital Analyst
  • Product Manager
  • Business Consultant (Entrepreneurship and Innovation)
  • Roles in incubators, accelerators, and startup hubs

Australian industries hiring graduates include technology, consulting, financial services, healthcare, education, and creative industries, as well as the ever-growing startup ecosystem in cities like Melbourne.

Frequently asked questions

How long is the Master of Entrepreneurship (Enhanced) at University of Melbourne?

It typically takes 1.5 years, with intakes in Semester 1 (Feb/Mar), Semester 2 (Jul).

How much is the tuition?

Tuition is around A$94,538 total. Fees change yearly, confirm with an advisor.

What are the career outcomes?

Startup Founder or Co-founderInnovation Manager in established organisationsBusiness Development ManagerVenture Capital AnalystProduct ManagerBusiness Consultant (Entrepreneurship and Innovation)Roles in incubators, accelerators, and startup hubsAustralian industries hiring gradu...

Guides for this subject and the application

All guides →

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