Master of Entrepreneurship and Innovation (MEI) TASMANIAN SCHOOL OF BUSINESS AND ECONOMICS
Course overview At the University of Tasmania we know you can t learn entrepreneurship and innovation from theory alone. We take a contemporary approach to learning and you will find our work integrated learning integrated across your units in a range of ways, from an optional study tour to California and live case studies to simulations, workshops with industry experts, and opportunities to work with new ventures or even develop a new start-up of your own. Our Master of Entrepreneurship and Innovation (MEI) has been forged with the latest thinking in business and developed with input from leaders in entrepreneurship and successful startups. The MEI at the University of Tasmania is designed to give individuals the creative, intellectual, and motivational skills necessary to create and identify new opportunities and to start their own businesses, or initiate new ventures within existing companies. 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 startups 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 technology. University of Tasmania: TOP 2 of universities world-wide Source: 2016 Academic Ranking of World Universities # 1 More Teaching Awards than any other Australian university Source: 2015 Australian Awards for University Teaching 3
Master of Entrepreneurship and Innovation The Master of Entrepreneurship and Innovation or MEI will provide you the skills to 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. 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. You will be able to effectively contribute to the management of the start-up and commercialisation practice by establishing entrepreneurial businesses and developing supportive organisational environments to foster innovation. And lastly, it will teach you to demonstrate creative and reflective thinking, lifelong learning and critical inquiry skills fundamental to entrepreneurial leadership. The above course costs are indicative 4 as individual unit fees may vary. 5 Units to complete Duration Mode of study Location Intake Course Code A total of 12 core units plus a Capstone Venture Project (equivalent to 4 units or 50 credit points) are required to be completed 2 years full time, with a maximum of 5 years part time Available on-campus only. A full time study load is 4 units per 13 week teaching block, per Semester. Study hours range between 20-30 hours per week depending on units selected. Also available part time. Hobart February and July 37I Program content Core Units Strategic Entrepreneurship Entrepreneurial Marketing Accounting for Venture Decisions Venture Project A: Situation Analysis Organising for Innovation Communicating and Connecting as an Entrepreneur New Product and Service Development Venture Project B: Opportunity Analysis Industry Analysis Venture Planning Entrepreneurial Finance and Risk Management Venture Project C: Business Model Assessment Capstone Venture Project Entry requirements Domestic applicants For admission in to MEI you will have: a) completed an undergraduate degree at an Australian Higher Education Institution. OR b) completion of a Graduate Certificate of Management or Graduate Diploma of Business Administration at an Australian Higher Education Institution. International applicants For entry to the MEI, international students must meet the domestic requirements, you must also provide an IELTS test score of at least Band 6.5 with a minimum of 6.0 on all bands or a TOEFL score of 600 with a Test of Written English score of no less than 4.5. This test must not be more than 24 months old. Fees Domestic applicants The current 2017 course tuition fee is $51,200.00 AUD plus the compulsory student services amenities (SSA) fee for 2017 $294.00 AUD. International applicants The current 2017 course tuition fee is $67,500.00 AUD Application process Domestic and international applications for the Master of Entrepreneurship and Innovation can be made directly to the University of Tasmania and should be submitted electronically via the University s online application process, or via an authorised agent. To submit an application visit utas.edu.au/apply Scholarships The University of Tasmania s Scholarships and Prizes program encompasses state, national and international sponsored programs for domestic and international students. In partnership with our generous donors we are able to provide substantial financial and academic support to students studying at the University of Tasmania. Scholarships and Prizes are available across all areas of study and cover 5 broad themes: Academic Achievement, Access & Diversity, Special Talent, Specific Projects and Topics, and International Scholarships. The Tasmanian International Scholarship (TIS) is available to all commencing international students who submit an application to study with us. The Scholarship will provide commencing students with a 25% reduction in registered tuition fees for the duration of their course (provided satisfactory grades are maintained). More questions? If we can assist you in any way, whether you have questions about the application process, course selection, accommodation, or anything else, just let us know. Domestic Call 1300 363 864 or email course.info@utas.edu.au International Call +61 3 8676 7017 or email international.study@utas.edu.au
Why study with us? World-class ranking The University of Tasmania has continued its sustained climb in high profile international rankings systems in 2016, confirming its place amongst the best universities in the world. In the prestigious Academic Ranking of World Universities (ARWU), the University of Tasmania jumped 13 places to be rated 292nd internationally*. This places the University in the top 2% of universities world-wide and reaffirms its reputation as a premier research institution. The QS World University Rankings result of 370* is another leap forward for the University, climbing seven places and ranking amongst the best in the world for Earth and Marine Sciences and Agriculture and Forestry. Another seven disciplines were highly ranked in the QS Rankings, including Philosophy, Environmental Sciences, Biological Sciences, Sociology, Education, Geography and Medicine. The University s consistent worldclass performance across a breadth of disciplines is a testament to the strength and diversity of its research. The World University Rankings released by Times Higher Education (THE) also reflect the University s achievements as a world leader in research, placing it in the top 350 universities in the world. Bring your passion for innovation to life * Times Higher Education World University Rankings, 2016, QS World University Rankings, 2016 and Shanghai Ranking Consultancy, 2015 Academic Ranking of World Universities 2015 (ARWU). ^ Content courtesy of Tourism Australia A pristine environment Separated from mainland Australia by the 240 kilometres (150 miles) stretch of Bass Strait, Tasmania is a land apart a green island of wild, mountainous and beautiful landscapes; friendly, welcoming people; temperate climate; quality cool-climate wines and food; a spirited history; and a creative arts community all wrapped up in a relaxed lifestyle. More than 40% of the island is protected as World Heritage Area, national parks and reserves. And because Tasmania is so compact it is easy to walk through an ancient alpine meadow in the morning, catch some action on the wild ski fields in the afternoon and be on a pure white beach for an early evening stroll. Tasmania s population supports a worldclass symphony orchestra, some of the world s best art and museums, a festival of island cultures, and a wild mid-winter festival that celebrates our Antarctic connections. Tasmania is never crowded, and its historic towns and seaside villages are dispersed across an area about the size of Ireland or West Virginia. The average summer temperature is a comfortable 21º C (70º F), while winter s average is a mild 12º C (52º F).^ 6 7
FURTHER INFORMATION Domestic utas.edu.au/future-students course.info@utas.edu.au 1300 363 864 utas.edu.au International utas.edu.au/international/how-to-apply international.study@utas.edu.au +61 3 8676 7017 utas.edu.au/international CRICOS Code: 094950J Master of Entrepreneurship and Innovation CRICOS Provider Code (University of Tasmania): 00586B While the information published in this guide was accurate at the time of publication, the University of Tasmania reserves the right to alter, amend or delete details of course offerings and other information published here. For the most up-to-date information please view our website at utas.edu.au