MASTER OF ENTREPRENEURSHIP 2018 INTAKE

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1 MASTER OF ENTREPRENEURSHIP 2018 INTAKE

2 2 MASTER OF ENTREPRENEURSHIP THE PROGRAM Our role is to attract individuals with a passion for entrepreneurship and unlock their capacity to perform at the highest level Associate Professor Rufus Black Master, Ormond College and the Wade Institute This is the degree for anybody who ever had a great idea and wanted to do something with it. The Master of Entrepreneurship provides students with the knowledge and skills they need to develop and launch innovative new businesses or successfully commercialise products and services. This is a strategic, industry leading degree for anybody who wants to build a career in the exciting and rapidly expanding world of start-ups. Students learn how to design new products and services, as well as how to develop a successful business model. Who is it for? This program is for creative, passionate and driven individuals who want to acquire the skills and knowledge to successfully commercialise products and services in a start-up environment. How it works The program is about learning by doing and is highly practical. The first half of the year is designed to build your skills base. The second part of the degree focuses on students developing start-up initiatives and pitching for real funding to launch their enterprise. Delivered intensively over 1 year at the Wade Institute, the Master of Entrepreneurship is a interdisciplinary University of Melbourne program offering subjects from the Faculty of Business and Economics, the custodial faculty for the degree, as well as the Melbourne School of Engineering.

3 The Wade Institute 3 THE CLASS OF % OF STUDENTS STARTED A BUSINESS IN SEMESTER 1 40% ARE FROM A STEM BACKGROUND 60% ARE WOMEN 50% EITHER HAD A BUSINESS THEY WERE CURRENTLY WORKING ON OR HAD A START-UP IN THE PAST YEAR 3 28 HAVE PHDS IS THE AVERAGE AGE THE WADE INSTITUTE The Wade Institute is a dynamic and state-of-the-art teaching centre that provides both a learning environment and dedicated co-working space for Master of Entrepreneurship students. The Wade Institute is located at Ormond College, the University of Melbourne, and is where all the core subject classes for the Master of Entrepreneurship program are delivered. The building is designed to actively encourage experimentation and innovation. Ormond College and Faculty of Business and Economics alumnus and entrepreneur, Peter Wade, established the Wade Institute to empower the next generation of entrepreneurs. As well as access to University of Melbourne facilities, all Master of Entrepreneurship students have access to a range of Ormond College amenities and services including the Academic Centre with 24-hour library, gymnasium and café.

4 4 MASTER OF ENTREPRENEURSHIP THE EXPERIENCE Stevan Premutico Founder: Dimmi speaking to Master of Entrepreneurship Students Program Structure The Master of Entrepreneurship is an intensive, full-time program taught over 1 year, with seminars 5-days a week. The degree consists of 150-points or 9 core subjects and 2 elective subjects, including an internship option. You can choose from a wide range of elective options from robotics to consumer behaviour and financial management depending on your start-up interests. Year 1 Sample study plan: Summer Sem 1 Winter Sem 2 Foundations of Entrepreneurship Practice Entrepreneur Within Entrepreneur Within Entrepreneur Within Garage Project Creating Your Own Enterprise Creating Your Own Enterprise Design Thinking Elective/ Internship Entrepreneurial Organisation Foundations Business Acumen for Entrepreneurs Managing Growth and Pathways to Market Creating a Successful Business Model Elective Core Subjects Elective Subjects Speakers Experience and connections count. Every week, you will hear from, and meet, leading entrepreneurs, business-people, investors and managers of incubators, accelerators and shared working spaces. You will connect with a network, or form your own one that will be fundamental in your success when you graduate. Some of our 2016 speakers: Liz Atkinson Volpe Founder: Zest Possibilities, Project Gen Z and The League of Extraordinary Women Georgia Beattie Co-Founder: Beattie Wines Phil Catania Partner, Practice Group Leader of Intellectual Property and Lead Partner of the Melbourne Office, Corrs Chambers Westgarth Bessi Graham Co-Founder and CEO: The Difference Incubator Simon Griffiths Founder: Who Gives A Crap Tania de Jong AM Founder: Creative Universe David Mah Co-Founder and CEO: Kepler Analytics Tom McLeod Co-Founder and CEO: Myagi Stevan Premutico Founder: Dimmi Greg Roebuck CEO: Carsales John Tuck Partner and Practice Group Leader of Employment, Workplace Relations and Safety, Corrs Chambers Westgarth Amanda Walker Co-Founder: Lord of the Fries

5 Subject in Focus 5 Want to live like a local when you travel? Just as Airbnb matches people with beds, Entrepreneurship students Mond, Edwina, Kade and Madeline pitched Lloci a start-up aimed at connecting tourists with locals in-the-know, for their Garage Project. Their goal is to take you places you d never take yourself with hand-picked local guides giving you access to bespoke studios, one-on-one sessions with experts in their field, behind-the-scenes events, private viewings and local hot spots. SUBJECT IN FOCUS Garage Project How many start-ups had their origins in a garage? Apple, Disney, HP and Mattel to name a few. The Garage Project subject allows students to develop the skills involved in running an entrepreneurial venture in a real-life environment. You will learn to put lean start-up and design thinking principles into action as well as develop skills in team and process development. Each group starts the semester with $1000 in seed funding, which they use to create a business that will attract customers, generate revenue, and give them experience with creating enterprises.

6 6 MASTER OF ENTREPRENEURSHIP SCHOLARSHIPS Wade Institute Scholarships Each of the Institute Scholarships are paid as a monthly stipend. The Australia Post Scholarship scholarship for an emerging entrepreneur interested in creating an e-commerce business or an entrepreneur who intends to locate their business in regional or rural Australia. The Corrs Chambers Westgarth Entrepreneurs Scholarship A scholarship for entrepreneurs with the greatest potential. The Impact Entrepreneurship Scholarship A scholarship for an aspiring young entrepreneur who will create a future business addressing a complex social, cultural or environmental problem of our time. $10,000 20,000 The Ormond Entrepreneurs Scholarship Up to 20 $10,000 and $20,000 scholarships available to help students with living and learning expenses. Faculty of Business & Economics Scholarships Graduate Merit Scholarships 25-50% fee-remission scholarships based on academic merit. All applicants are automatically considered for this scholarship. Prizes Best Business Case 2 x $10,000 prizes Prize Sponsors Credit Suisse and CMB Capital Each sponsor is offering a $10,000 prize to two graduates of the Master of Entrepreneurship who effectively pitch their start-up ideas to a panel of investors and leading entrepreneurs. The Naomi Milgrom Scholarship A scholarship for one woman entrepreneur. The Neville and Di Bertalli Scholarship A scholarship for two students with a demonstrated commitment to the agricultural sector. Since being here, I ve realised that all you need to do to start a business is start. The support from the staff has been unbelievable, and learning from the cohort has been just as, if not more, influential. Sarah Agboola 2016 Australia Post Scholarship recipient.

7 Entry Requirements 7 ENTRY REQUIREMENTS In order to be considered for entry, you will need to: have completed an undergraduate degree in any discipline complete a response to a structured questionnaire produce a 5-minute video pitching why you should be selected for the Master of Entrepreneurship meet the University s English language requirements for graduate courses (scores required for applicants with approved English Language test results include IELTS: 7.0 with no band less than 6.0, or equivalent.) For more information see: futurestudents.unimelb.edu.au/ admissions/entry-requirements/ language-requirements attend an in-person or Skype interview (for shortlisted candidates only*) Fees Domestic and International: $48,000 (2017) Application Closing Dates The Master of Entrepreneurship has one intake per year in February. Selection round dates for February entry: Round Application Closing Date Interview Dates 1 30 April 17 May June 19 July September 11 October November ** 6 & 8 December 2017 * Note: Master of Entrepreneurship candidates will need to be admitted to both Ormond College and the University of Melbourne. The interview for shortlisted candidates will include a component for admission to Ormond College as well as the University. ** This round is open to domestic and New Zealand applicants only Find out more fbe.unimelb.edu.au/entrepreneurship Course Code: MC-ENTR CRICOS: D

8 Contact us Faculty of Business and Economics Level 4, 198 Berkeley Street The University of Melbourne Victoria, 3010, Australia fbe.unimelb.edu.au/ entrepreneurship The Wade Institute 49 College Crescent, Parkville Victoria 3052 Authorised by: Dean, Faculty of Business and Economics Published by: Faculty of Business and Economics Copyright: The University of Melbourne January 2017 CRICOS Provider code: 00116K Intellectual Property: For further information refer to Statutes and Regulations. Photography credit: Madeline Ellerm, Christopher Hopkins Copyright: The University of Melbourne Copyright in this publication is owned by the University and no part of it may be reproduced without the permission of the University. Disclaimer: The information in this publication was correct at the time of printing. The University of Melbourne reserves the right to make changes as appropriate. As details may change, you are encouraged to visit the University s website or contact the University of Melbourne Information Centre to obtain the latest information. Statement on Privacy Policy: when dealing with personal or health information about individuals, the University of Melbourne is obliged to comply with the Information Privacy Act 2000 and the Health Records Act For further information refer to the privacy policy.

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