Master of Business Administration (Entrepreneurship)Online, On Campus | Upfront payment
Master of Business Administration (Entrepreneurship)
Do you have a big business idea? Do you have the motivation to make this idea into something huge, but don’t know where to begin? Then Entrepreneurship Courses may be just for you. In this fast-paced, constantly evolving world of business, students with their big ideas need guidance to learn the practical enterprise skills of this century. Entrepreneurship Courses will help students fast-track their ideas, with the support and advice from experts in the industry – and hopefully, will aid students to turn their big idea into a reality.
Due to the nature of entrepreneurship, no two entrepreneurs will have similar day-to-day responsibilities. However, if you’re running your own small business, startup or entrepreneurial venture, you can expect to perform tasks relating to the management and administration of your organisation, including planning, organising, directing and reviewing your day-to-day operations. This may include tasks like:
Graduates of entrepreneurial courses usually set out on their own ventures – running small businesses or working as sole traders. If you’d prefer to work in traditional employment, you may seek out a role requiring the use of your leadership and management skills, such as working as a:
You’ll enjoy working in entrepreneurship if you:
A range of job opportunities exists for graduates of entrepreneurship courses, including in senior management roles in existing businesses, or in new ventures that you create yourself.
The Australian Government’s Job Outlook reports high employment prospects for people working in management roles, stating that general managers and chief executive officers are in significant demand, and both roles will likely grow substantially in the next decade.
Job Outlook reports that approximately 58,000 people are employed as CEOs in Australia, and projects that approximately 9,000 more will be hired by 2020. Similarly, Job Outlook reports that approximately 51,000 people are currently employed in other general management roles, and that this number will rise to 59,000 by 2020. It considers this growth to be extremely high in percentage terms for both roles.
You may also choose to establish your own small business after completing an entrepreneurship course. The Federal Treasury highlighted the significance of Australia’s small business sector in a 2011 survey, stating that that 96 per cent of all businesses in Australia are small businesses – equating to more than two million businesses. The Treasury described the contribution of small businesses to the Australian economy as “significant” and identified that they contribute approximately one-third of the value of the Australian economy.
PayScale reports that a small business owner in Australia may earn an annual salary of between approximately $46,000 and $149,000, depending on the nature of their industry and their experience with their business. PayScale notes it’s more challenging for entry-level entrepreneurs to earn a high salary, but recognises that it’s difficult to predict salaries for entrepreneurs.
If you choose to work in a management role in an established firm, you may expect to make an average salary between $65,000 and $132,000 per year, and will receive a significantly higher wage with more years of experience.