Innovation and Entrepreneurship (BUMGT5977)

This unit aims to develop students' creative, strategic, and interpersonal capabilities to successfully launch new innovations within existing companies and to create and grow entrepreneurial initiatives from scratch. The unit is designed to be highly interactive and hands-on, with an emphasis on collaboration and real-world engagement. Guest speakers from local industries and enterprises will provide personal insights into the approaches, motivations, and resources that have served their own entrepreneurial journeys. Students will unpack case studies and situational problems in order to link theoretical models with the dynamism of innovation processes. The unit also explores the emerging field of social entrepreneurship to discover its potential as a vehicle for positive social impact and how it is being applied by organisations across all sectors. Facilitated group work will encourage students to collectively initiate and test new value propositions as they plan an entrepreneurial venture. Reflexive exercises will support students to contemplate what inspires them, to develop greater self-understanding into their own purpose, and to adopt a systems lens to unpack complex challenges in new ways.

For further information regarding the course please refer to the Course Outline found at the following link (PDF, 176kB).

Credit point 15
EFTSL 0.125
Band4(GF3)

Commonwealth supported place (CSP)

A CSP is subsidised by the Australian Government and students pay a contribution amount. Each unit is classified into a student contribution band, depending on the study area of the unit (this discipline may be different from the study area of your course).

2024 contribution amount* - $2,040
2024 contribution amount - continuing student who commenced before 1 Jan 2021* - $1,597

* for Clinical Psychology (Clin Psych) & Professional Pathways (Prof Path) bands the contribution amount is determined by accredited course. Students in Postgraduate Clinical Psychology, Professional Pathway Psychology or Professional Pathway Social Work accredited courses should visit our CSP page for further information.

Note: The Job-ready Graduates Package introduced new funding clusters and contribution amounts from the 2021 academic year. If you are a continuing student who commenced before 1 January 2021 studying units in disciplines with increased contribution amounts, you will continue paying the same amount (indexed each year) as you would have. For further information visit the Australia Government's Study Assist website.

Domestic Full Fee-paying

These places are offered for postgraduate studies or to CSP ineligible students and tuition fees are not subsidised by the Australian Government. Domestic postgraduate tuition fees are course-based annual fees and the unit fee you pay will vary according to the degree you are studying. To find out more about domestic tuition fees and view the relevant fee schedule visit our fees website.

International Full Fee-paying

International tuition fees are course-based annual fees and the unit fee you pay will vary according to the degree you are studying. To find out more about international tuition fees and view the relevant fee schedule visit our fees website.

Semester census dates

It is important to check unit delivery details including location and census date, prior to making decisions about enrolment. Detailed semester and census date information can be found on the Important Dates page.