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University of Wollongong Faculty of Business Master of Innovation & Entrepreneurship
University of Wollongong Faculty of Business

Master of Innovation & Entrepreneurship

18 Months


Full time, Part time

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AUD 47,088



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The Master of Innovation & Entrepreneurship will provide you with the knowledge and skills necessary to develop ideas into sustainable business opportunities and to foster innovation in your workplace. You will learn how to cultivate an entrepreneurial mindset, experiment with design thinking, and learn to use tools and techniques to convert your ideas into reality.


Throughout your degree, our academics will equip you with knowledge in innovative leadership, financial skills for entrepreneurs, how to navigate the complexities of innovation and entrepreneurship, business innovation planning, and creating and marketing new products. You will understand how to raise capital and gain detailed knowledge of the complexities of initiating, developing, managing and exploiting innovation.

The Master of Innovation & Entrepreneurship will allow you to explore the potential exploitation of your own business idea. You will learn to evaluate opportunities from a range of perspectives, including financial, technical and legal, as well as gain a thorough understanding of the processes associated with the development and marketing of a new product in today’s complex environment.

You will then complete your degree with an industry-based research project that will enable you to apply the skills developed into a practical project.

For a 2 year program, this degree can be combined with a second Master’s degree from Sydney Business School, UOW. Choose your second master’s degree from the list below:

–– Master of Business

–– Master of Business Analytics

–– Master of Financial Management

–– Master of Human Resource Management

–– Master of Innovation & Entrepreneurship

–– Master of International Business

–– Master of Management

–– Master of Marketing

–– Master of Supply Chain Management

–– Master of Project Management


Sydney Campus

Course Learning Structure

Course Learning Outcomes are statements of learning achievement that are expressed in terms of what the learner is expected to know, understand and be able to do upon completion of a course. Students graduating from this course will be able to demonstrate:

1Demonstrate specialised knowledge of advanced concepts and frameworks relating to innovation and entrepreneurship.
2Synthesise relevant principles and concepts in a business context
3Propose integrated solutions to a range of problems using theoretical knowledge, technical skills, critical and/ or creative thinking.
4Plan and execute a substantial business research project.
5Apply the principles of social responsibility when critically evaluating situations and making business decisions.
6Communicate complex disciplinary information for the intended audience and purpose; (a) orally and, (b) in writing.
7Reflect on professional interpersonal skills whilst working with others to produce agreed outputs.


Wollongong Campus

Accreditation and Professional Recognition

Graduates of the Master of Business Analytics will be awarded the Statistical Analysis System (SAS) Joint Certificate and the Advanced SAS Joint Certificate.

Entry Requirements

To gain entry into the Master of Innovation and Entrepreneurship, we require you to have a recognised bachelor’s degree with an equivalent average mark of 50% or a Graduate Certificate in Innovation & Entrepreneurship or a Graduate Certificate in Business. IELTS score of Overall 6.5 (R:6, W:6, L:6, S:6).

Why Study With Us?

We offer three intakes per year, and many subjects are scheduled to fit in with your professional and lifestyle commitments. Some classes are offered on a weekly basis, mostly in the evening, while others run in intensive mode over the weekend to minimise time away from other responsibilities.

Over 90% of our graduates are employed within 4 months of graduating and our postgraduate students average starting salary is $108,800 AUD, 4% higher than the nation’s average*.

Choose to study your program from one of our two campuses: the Sydney CBD campus in the overlooking the stunning Sydney Harbour and its impressive bridge, or our Wollongong Campus set amongst landscaped gardens, minutes away from the Pacific Ocean.

We offer a variety of Scholarships available for both Domestic and International students ranging from 10% to 100%, so you are able to invest in your future.

Our courses are continually developed, informed by research, structured on applied outcomes, recognised by employers, delivered by highly qualified academics and supported through additional specialised student learning and development resources.


Our dedicated student support services are built around your individual needs. Our student advisors, academic staff and careers consultant are available each week for consultation. Study skills workshops are also run weekly to ensure your success. We provide a number of social and semi-formal events that give you the opportunity to network with your peers, members of the local business community and alumni.

International students can choose to take up the option of selecting the elective subject, Global Workplace Practice, which includes practical job-seeking activities and access to the Australian workforce either through an internship, industry-based project or part-time employment.

*QILT 2016-2018 Graduate Outcomes Survey.

About the School


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