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BUDIP1501 Entrepreneurship and Innovation

Entrepreneurship and innovation are important areas in today¿s business world. In the past, entrepreneurship has mainly focused on starting small businesses, while innovation has often been about creating new products. This unit introduces students to both areas and helps them understand how they are connected. Students will learn the basic concepts of entrepreneurship and innovation and how these can be applied in practical ways. The unit will focus on developing students¿ creativity and problem-solving skills, and their ability to work with others to bring ideas to life. Students will also explore how to recognize business opportunities, find resources, and begin developing simple business ideas or improvements within existing organizations. The course has been designed to incorporate additional learning hours to support students¿ academic and study skill development.

Credit points
15
EFTSL
0.125
Band
Band 4/GF Band 3
Field of Education
Business and Management (080300)

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).   

2026 student contribution amount: $2,175


2026 grandfathered student contribution amount (for students who commenced before 1 Jan 2021*): $1,703

* 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.

Clinical Psychology & Professional Pathways 

For Clinical Psychology & Professional Pathways bands, the student contribution amount is determined by the accredited course. Visit our CSP page for further information, including a list of accredited courses. Students not studying in an accredited course will pay the fees listed above. 

Domestic full fee–paying places

A domestic full fee–paying place is one that isn’t subsidised by the Australian Government. These places are offered to postgraduate students or those who are ineligible for a CSP. Domestic postgraduate tuition fees are course-based annual fees, which means individual unit fees vary according to the degree. To find out more about domestic tuition fees and view the relevant fee schedule visit our fees website. 

International full fee–paying places

International tuition fees are course-based annual fees and the unit fee you pay will vary according to the degree you are studying. To find out more about international tuition fees and view the relevant fee schedule visit our fees website