Master of Management (Entrepreneurship and Innovation) (CRICOS course code 116966D) is a Masters Degree (Coursework) delivered by The University of Melbourne (UniMelb) over 2 years. This AQF Level 9 program, offered in the field of Business Management (080301), equips students with the skills to lead entrepreneurial ventures and drive innovation within organisations. As part of Australia's premier Group of Eight university, students benefit from world-class teaching and strong industry connections in Melbourne, Victoria's capital. The University of Melbourne is CRICOS-registered (00116K), ensuring compliance with the ESOS Act and protection for international students. With over 1,500 CRICOS-registered providers across Australia, HeadStart Academy helps you navigate this landscape—this page provides indicative CRICOS data as at April 2026, including fees, entry requirements, and visa guidance. Whether you aim to launch a startup or lead corporate innovation, this degree offers a rigorous curriculum in a vibrant, multicultural city.
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The Master of Management (Entrepreneurship and Innovation) focuses on the core principles of business management with a specialisation in entrepreneurial thinking and innovation strategy. While specific syllabi vary by institution, students at this level typically explore subjects such as new venture creation, business model design, innovation management, venture finance, and strategic leadership. The program emphasises practical, hands-on learning through real-world projects, case studies, and opportunities to engage with Melbourne's startup ecosystem. This field of education (Business Management) prepares graduates for roles such as entrepreneur, innovation manager, business development executive, or consultant. The University of Melbourne's location in Parkville places students near the city's innovation districts, providing networking opportunities with investors and industry leaders. As with all CRICOS-registered courses, international students are protected by the ESOS Act, ensuring quality standards and tuition assurance.
This course runs for 2 years (104 weeks) as per the CRICOS register. It is delivered full-time in English, with no dual qualification or foundation studies component. The University of Melbourne offers on-campus study at its Parkville campus, with a range of study modes including lectures, seminars, and workshops. Being a single qualification, students focus entirely on the master's degree. International students must maintain full-time enrolment to comply with their Student visa (Subclass 500) conditions. The language of instruction is English, so meeting the English proficiency requirement (see entry requirements below) is essential.
Tuition fees for this course are indicative at A$128,084 for the full 2 years, with non-tuition fees of A$150, bringing the estimated total to A$128,234. These figures are sourced from the CRICOS register as at April 2026 and are set by The University of Melbourne—always confirm current fees on the provider's website. Important: this total does not include Overseas Student Health Cover (OSHC), living costs, or the visa application charge. For a single international student, OSHC can cost around A$500–A$700 per year, while living expenses in Melbourne (including rent, groceries, and transport) are estimated at A$30,000–A$35,000 annually. Use the university's fee calculator for precise numbers. HeadStart Academy is a free resource; we do not charge referral fees.
For this Masters by Coursework, applicants typically need a recognised bachelor's degree with a strong academic record. The University of Melbourne likely requires an IELTS overall score of 6.5–7.0 (no band below 6.0–6.5) or equivalent English test results. Specific prerequisite subjects or work experience may be expected. Foundation studies are not part of this course; however, pathway options (e.g., Graduate Certificate) may be available—check with the provider. Entry requirements are set by the institution and are subject to change. Always verify on the university's official website. International students must also meet the Genuine Temporary Entrant (GTE) requirement for their visa application.
This course does not include a mandatory work component. Students may still pursue internships or part-time work independently, subject to their visa conditions. On a Student visa (Subclass 500), international students can work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks. This allows students to gain local experience in Melbourne's business and startup community. For course-specific internship opportunities, contact The University of Melbourne's careers service.
The Master of Management (Entrepreneurship and Innovation) is delivered at The University of Melbourne's main campus: PARKVILLE, VIC. Parkville is just north of Melbourne's central business district, easily accessible by tram, train, and bus. Melbourne is home to over 30 CRICOS-registered providers and a student population exceeding 250,000. Living costs here are higher than many regional areas but lower than Sydney—indicative weekly rent for a city apartment is around A$350–A$550, with groceries and transport adding A$150–A$200 per week. The campus itself offers state-of-the-art facilities, libraries, and student support services.
International students need a Student visa (Subclass 500) to study this course. Key requirements include a valid Confirmation of Enrolment (CoE), genuine temporary entrant (GTE) statement, sufficient funds for tuition and living costs, and Overseas Student Health Cover (OSHC). The visa allows work as noted above. For dependants, a Student Guardian visa (Subclass 590) may apply. Always check the Department of Home Affairs for current rules. HeadStart Academy does not provide migration advice—consult a registered MARA agent for personalised guidance.
Follow these three steps to apply for the Master of Management (Entrepreneurship and Innovation) at The University of Melbourne:
1. **Research CRICOS-registered providers**: Use HeadStart Academy to filter courses by level (Masters by Coursework), field (Business and Management), and city (Melbourne). Verify that The University of Melbourne (CRICOS 00116K) meets your needs.
2. **Apply directly to your chosen institution**: Check the entry requirements (including English test scores) and application deadlines on the university's website. Submit your application along with supporting documents (transcripts, CV, personal statement).
3. **Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500)**: Once accepted, you'll get a CoE. Use this to apply for your visa online, providing evidence of OSHC, finances, and GTE. Await visa grant before travelling to Australia.
Melbourne is consistently ranked among the world's most liveable cities, with a vibrant cultural scene, excellent public transport, and a strong economy. It is Australia's second-largest city and a major hub for education, technology, and innovation. For a management student, the city offers numerous networking events, startup incubators, and industry partnerships. However, the cost of living is significant—budget carefully. Consider your preferred climate (Melbourne has four seasons) and lifestyle. With over 1,500 CRICOS-registered providers nationally, you can compare this course with other options across Australia. HeadStart Academy's free resource helps you make informed decisions without referral bias.
Ready to apply? Research more CRICOS-registered courses on HeadStart Academy or contact The University of Melbourne directly for current fees and application dates.
View the full The University of Melbourne (UniMelb) profile →
Master of Management (Entrepreneurship and Innovation) is a CRICOS-registered programme at The University of Melbourne (UniMelb). Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.