BUENT3735 Entrepreneurship and New Venture Creation
This course aims to develop an appreciation and understanding of the role of the entrepreneur in creating value by innovation for a business and society. The elements that make up success and failure in innovation are examined. These elements relate to the role that the entrepreneur plays in coordinating the business venture (planning) and in the process of handling uncertainty that innovation entails. Students take creatively developed opportunities and subject them to strict technical and commercial feasibility tests to uncover any possible fatal flaws. Entrepreneurs in various forms of business situations will be examined, including gaining finance, obtaining public sector support or private sector advice. How entrepreneurs innovate and then make the appropriate investment decisions are the crucial issues in commercialising innovation.
Commonwealth Supported Place (CSP) unit fee
A Commonwealth Supported Place (CSP) is one that is subsidised by the Australian Government, which means students only pay the student contribution amount of the tuition fee. CSPs are only available to eligible domestic students.
The student contribution amount depends on the unit and how much funding the Government provides. Each unit is classified into a band based on its discipline (which may be different to your overall course discipline).
2025 student contribution amount: $2,124
2025 grandfathered student contribution amount (for students who commenced before 1 Jan 2021*): $1,663
* If you are a continuing student (who commenced your course before 1 January 2021) you will continue paying the same amount as you would have, had legislative reforms not been implemented for any units that would otherwise have an increased student contribution amount.