Master of Applied Innovation and Entrepreneurship

This degree is no longer taking new enrolments

Make your big ideas a reality

Entrepreneurs and investors are necessary in all areas and industries—from science and health to media, arts and education. They take the risks needed to start up new businesses and social ventures.

This intensive 1.5-year degree sets you up to build sustainable organisations, grow wealth for stakeholders and make positive impacts in your community.

What will you do?

Our Master of Applied Innovation and Entrepreneurship gives you practical knowledge, access to networks and a growth mind-set for success. You will:

  • build tools for assessing and implementing ambitious ideas and ventures
  • learn how to create supportive environments that foster and enable innovation
  • examine entrepreneurial investment and management practices
  • create a business plan for a real-world venture through a 6-unit research project.

Where could it take you?

You might shine a spotlight on an unexpected renewable energy source. You could explore ecotourism or virtual reality. Perhaps you’ll invest in a world-changing approach to everyday healthcare. This degree is also suitable if you want to be a corporate intrapreneur, driving innovative products and services for employers. You could even find alternative career pathways in government and not-for-profit sectors.

Note: This program is offered in Trimester mode with intakes in January, May and September.

  • Australia's #1 University for Entrepreneurship Education^
  • AACSB accredited
  • Undertake real-world venture through research project

^QS World University Rankings, 2021

Entry Requirements

Please note: For programs including placements and/or study-related activities in settings where COVID-19 vaccination is mandatory, it is an inherent requirement that all students be fully vaccinated prior to undertaking the placement and/or study-related activity.
For our students who are studying offshore in 2022, the University will continue to offer high-quality access to the learning resources remotely for most programs. This includes all lectures, tutorials and other support material. Students will be advised in advance if there are course components that cannot be provided in remote mode and, wherever possible, offered alternative courses.
Please refer to the COVID-19 FAQ page for further information and a list of programs where in-person attendance is required.

Choose your applicant type to view the relevant admissions information for this program.
I am a:

Domestic applicants

SATAC Code 3CM103
Deferment Yes - 2 year
Intake January, May and September
Selection Criteria
Graduate entry

Higher Education Study A completed Bachelor's degree or equivalent.
How to Apply
SATAC Code: 3CM103

Fees and Scholarships

Choose your applicant type to view the relevant fees and scholarships information for this program.
I am a:

Domestic applicants

Indicative annual tuition fees
Australian Full-fee place: $35,000


These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

Find a Scholarship.


Career Readiness

Innovation and entrepreneurship graduates are equipped with practical tools to successfully:

  • start and bring to maturity new ventures
  • grow new revenue streams for established employers.

Graduates can also work within the innovation and entrepreneurship service sector providing consultancy, advisory, financial, policy or other support services to the small-to-medium enterprise sector.

The University of Adelaide Careers Service prepares, inspires and empowers students to achieve successful career transitions and connect with industry.

Graduate Attributes

The objective of this program is to produce graduates with specific attributes as outlined in University of Adelaide Graduate Attributes.
  1. Deep discipline knowledge and intellectual breadth
  2. Creative and critical thinking, and problem solving
  3. Teamwork and communication skills
  4. Professionalism and leadership readiness
  5. Intercultural and ethical competency
  6. Australian Aboriginal and Torres Strait Islander cultural competency
  7. Digital capabilities
  8. Self-awareness and emotional intelligence

Professional Accreditation

Adelaide Business School is AACSB* accredited, and as such our programs have passed rigorous standards of quality. AACSB accreditation is the hallmark of excellence in business education and only the best schools in the world earn AACSB accreditation.

*Association to Advance Collegiate Schools of Business

Potential careers

Entrepreneur, Sole Trader, Manager / Business Management, CEO, Strategist, Innovation Manager

Degree Structure

The Masters program consists of courses to the value of 36 units of which 27 units are core courses, 3 units are electives and the remainder is a 6 unit project course.

Experienced practitioners and accomplished academics blend their industry and entrepreneurial experience to deliver programs that are academically rigorous and new-enterprise relevant.

Courses reference entrepreneurship-specific case studies and allow students to integrate their own enterprise projects into assignments.

Academic Program Rules

The Calendar is a comprehensive handbook of the University's academic program rules.

You can find the academic program rules for this degree under the Faculty of the Professions rules.

Areas of Specialisation

As Entrepreneurship and Innovation is a broad subject area that can be applied across many different industries and occupations, students can use their own chosen field or interest and apply this to their assignments and class discussions.

Students can also select electives in their area of interest.

Example Study Plan

Indicative Study Plan
Core courses ENTREP 5016: Entrepreneurship and Innovation
ENTREP 5018: Opportunity Assessment
ENTREP 7028: Managing Strategy and Growth
ENTREP 7022: Creativity and Innovation
ENTREP 7059: Project and Innovation Finance and Accounting
ENTREP 7060: Marketing Technology and Innovation
ENTREP 7049: Entrepreneurship Research in Practice
ENTREP 7048: Advanced Venture Planning and Communications
COMMERCE 7039: Business Research Methods (M)
Electives Courses to the value of three units from the following:

ENTREP 7026: Innovation and Corporate Venturing
ENTREP 7019: Social Entrepreneurship
ENTREP 7027: Foresight and Social Change
PROJMGNT 7038: Leadership of Organisations
PROJMGNT 5004: Managing Project and Systemic Risks
PROJMGNT 5021: Applied Project Management I
ENTREP 7900: eChallenge
PROJMGNT 7012: Business and Contract Legal Studies
PROJMGNT 7047: Systems Fundamentals
ENTREP 7050: ECIC Study Tour
ENTREP 7046: Managing Innovation
Research ENTREP 5029: Project in Entrepreneurship (6 units)

CURRENT STUDENTS, please visit the below link for your study plan templates:

The availability of all courses is conditional on the availability of staff and facilities.


Assessment consists of a combination of group and individual work. The format varies across courses and may be in the form of oral presentations, written and/or practical assignments, quizzes and class participation.


Studying has broadened my understanding of the importance and complexity of the global food system and the implications increasing food demand will have on us all.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Last updated: Wednesday, 19 Jan 2022