The University of Melbourne launches Master of Entrepreneurship

September 15 / 167

The new Master of Entrepreneurship will taught in the custom built Wade Institute for Entrepreneurship at Ormond College.
The new Master of Entrepreneurship will taught in the custom built Wade Institute for Entrepreneurship at Ormond College.

 

The University of Melbourne has launched a new Master of Entrepreneurship.

 

In response to the changing business landscape, the program will offer advanced entrepreneurship training from 2016, in the custom built Wade Institute for Entrepreneurship at Ormond College.

 

The practical, one-year degree aims to produce graduates who are 'start-up ready', with the knowledge and skills to develop and launch innovative new businesses, successfully commercialise products and services, and devise successful business models.

 

Students will be mentored by entrepreneurs and gain hands-on experience in prototyping new products and services, running a pop-up business, and developing pitches for venture capital.

 

The Wade Institute for Entrepreneurship, designed by Lovell Chen, will provide a unique environment for budding entrepreneurs, underpinned by the design philosophy that to teach people how to create, the space they occupy must invite creativity. For instance, the building can turn inside out: the rooms are not only accessed internally, the cloisters enable perimeter doors, creating an active external face to the start-up spaces. In their downtime, students will be able to climb up onto the roof of the building, where they will find an outdoor sport, recreation and performance space.

 

The degree underscores the role the University of Melbourne is playing in the development of a thriving entrepreneurial culture, with Carlton Connect, the Melbourne Accelerator Program (MAP), the School of Engineering and Melbourne Business School fostering strong connections between research and business, and accelerating the launch of multiple start-ups.

 

From an article by Chris Parkes in the new Business and Economics magazine, Exchange. Read the full article here and subscribe to Exchange for the latest business insights and commentary.

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