Diploma of Entrepreneurship and Innovation
11210NAT
Duration: Up to two years
Price: $3,068 | $141.60 per week (payment plan)
How it works: Study online. With a difference
Start date: Immediately, or whenever you're ready.
Entry requirements: No formal prerequisites | RPL available | Some equipment needed
Qualification type: Diploma
Feeling like you’re stuck between zero business knowledge, and years of studying stuff you’ll never use? Can’t wait to get your new venture off the ground? We get it.
Feeling like you’re stuck between zero business knowledge, and years of studying stuff you’ll never use? Can’t wait to get your new venture off the ground? We get it.
Stop talking, start doing
Nationally recognised
Skills you'll actually use
Course Summary
Feeling like you’re stuck between zero business knowledge, and years of studying stuff you’ll never use? Can’t wait to get your new venture off the ground? We get it. The Diploma of Entrepreneurship and Innovation was made for you. It’s designed for passionate thinkers, makers and doers who want to go from ideas to launching real solutions ASAP.
If you’re dreaming of starting a business that does things (more than a bit) differently, you’ll love this uniquely constructed course. Instead of focusing on ‘traditional’ business smarts, you’ll learn the skills you need to build something that’s completely your own. Already working in an organisation? The DEI could be your ticket to leading a team that’s a fountain of practical ideas and solutions. Step up on your own, or bring the innovation X-factor to your management career – it’s up to you.
The Diploma of Entrepreneurship and Innovation is made for the doers, the bootstrappers, the get-stuck-in-ers. It’s designed to help bridge the gaps between your technical skills, business skills, and higher-level critical thinking skills. In other words, the magic triad you need to develop products that are truly original. The best part is, Monarch Institute’s DEI is so flexible, you can start working on your big idea while you’re still studying.
Key opportunities include:
Entrepreneur
Start-up founder
Business owner
Business Manager
Division Manager
Product Manager
This course is designed to be completed within 12-24 months.
There is no minimum timeframe to complete this course. Students who are highly motivated and well organised can complete the full course at an accelerated pace.
The key factors that influence course completion are a student’s experience, time availability, how fast they work and how committed they are.
More than online
You’ll get:
Easy-to-follow course materials
Videos and webinars
Heaps of support from your course trainers (phone, email, Zoom)
A dedicated admin team on hand to guide you
Online assessments
Student Facebook group
How does it work?
This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.
What support will I get?
Your trainer will be happy to contact you via phone, Zoom, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.
The experts who design and deliver our courses (click back to Course trainers to meet some of them) have developed an assessment framework that’s uniquely designed to help you gain a deep understanding of the material.
Assessment formats include:
Case studies
Multiple-choice questions
Short-answer questions
Workplace scenarios
Projects
Roleplays: video self-recording and upload of the file
Immediately, or whenever you’re ready.
Get in touch about enrolling
"The content of the course was comprehensive covering all topics related to business. The course assignments challenged me to think critically and creatively. I would highly recommend this course to anyone thinking of starting their own business."
- Emma P, Entrepreneurship Graduate
Entry Requirements
There aren’t any formal prerequisites. But to make sure you get the most out of training with us, the following enrolment process applies:
Once we receive your enrolment, our friendly course consultants will touch base to undertake a pre-training review to ensure the training is right for you.
It is recommended that you are be proficient in the use of computer and web based technology and applications and have high-level learning, reading, writing, language, oral communication and numeracy skills.
For students without an equal or higher-level qualification, there’s a short language, literacy and numeracy quiz you complete online.
You should have basic skills and understanding of MS Word and Excel.
We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Handbook by clicking here, or get in touch with one of our friendly Course Consultants.
You will need access to the following equipment to successfully complete the course:
You will need access to the following equipment to successfully complete the course:
Working computer with Microsoft Office (2016 or later)
Access to the internet
Access to a smart phone, video camera or web camera is required
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Take the short quiz to see if this course is right for you.
Pathways
The Diploma of Entrepreneurship and Innovation is designed to help get you started on your business idea(s) ASAP. But it’s also a potential pathway to further study for entrepreneurs for whom curiosity means constant learning. For example, you could use your nationally recognised Diploma to help gain entry (or even a head start) on an Advanced Diploma in a similar field.
The DEI could even be part of your pathway to further study at university.
Just make sure you check with the university of your choice about entry options and course credit before you enrol with Monarch Institute.
Module 1
BSBMKG541 Identify and evaluate marketing opportunities
NAT11210001 Validate a product idea
BSBMKG543 Plan and interpret market research
Module 2
BSBSTR501 Establish innovative work environments
NAT11210002 Define a minimum viable product
BSBCRT311 Apply critical thinking skills in a team environment
Module 3
BSBESB401 Research and develop business plans
BSBPEF502 Develop and use emotional intelligence
BSBPMG430 Undertake project work
Module 4
BSBTWK401 Build and maintain business relationships
NAT11210003 Secure funding to launch and grow a startup
Stop talking, start doing
Forget spending years fiddling with a business concept that ‘might’ work. This course is all about the fast strategic thinking you’ve got to do to get a winning viable product to market ASAP.
Skills you'll actually use
This diploma isn’t just about getting your business paperwork sorted (although we’ve got you covered for that too). You’ll learn critical thinking skills to develop and keep improving your products so you’re always one step ahead of the game. Master working with a close-knit team in a high-pressure environment to create solutions you can be proud of.
Nationally recognised
The course is nationally recognised under the Australian Qualifications Framework. You can use it as a pathway to further studies, including university degrees.
Entrepreneurship & innovation courses. For the real world.
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