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Master of Entrepreneurship (Enhanced)

Masters.
The University of Melbourne

37

in world overall ranking*

1

in local overall ranking*
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About the course

In the Master of Entrepreneurship (Enhanced) you will learn how to develop new businesses, products, services or processes, creating value and generating revenue growth through entrepreneurial thought and action. Delivered at the purpose-built Wade Institute, the program is highly practical and connects students with industry mentors, entrepreneurs, investors and incubators. It includes opportunities to apply frameworks and tools to real opportunities, develop startup initiatives, and pitch for funding.

What you might learn

Students build foundational and advanced knowledge in entrepreneurship, including identifying opportunities, designing products and services, and developing business models. The course develops practical skills in innovation, iteration and implementation, helping students learn how to launch and grow ventures or drive innovation within established organisations. It also aims to cultivate an entrepreneurial mindset supported by mentoring, experiential learning and industry engagement.

Career outcome

Graduates commonly pursue independent venture creation by starting and growing their own businesses or new initiatives. Others follow corporate innovation (intrapreneurship) pathways, driving new products, services and business models inside established organisations. A further pathway is venture capital, advisory or consulting roles supporting startups and scaling companies through investment, commercialisation and growth strategy.

Entry requirements

IELTS 7.0: with no band less than 6.0


Living Costs in Melbourne**


living costs restaurant icon
Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20
living costs house icon
Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094
living costs house icon
Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596
living costs transportation icon
Transportation
(Daily)
A$ 7 - 9
living costs utilities icon
Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


Salary Chart
*Source: QS World University Subjects Rankings (2026)
**Source: numbeo.com
***Source: PayScale.com (2026)

Costs

tick icon International:

A$60,992 per year

tick icon Local:

A$37,984 per year

Contact us for more details

Information

tick icon Duration

1.5 years

campus icon Campuses

Melbourne

tick icon Course Code

MC-ETRENH

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconMELBOURNE INTERNATIONAL UNDERGRADUATE SCHOLARSHIP

Up to A$56,000

tick iconMELBOURNE GRADUATE SCHOLARSHIP

Up to 100% of tuition fees

tick iconINTERNATIONAL GRADUATE MERIT SCHOLARSHIPS

Up to 50% of tuition fees

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