Bachelor of Business Innovation and Enterprise
Quick facts
Student type:
Quick facts
-
Entry score
-
Duration
Full-time 3 years, Part-time 6 years -
Location
Melbourne City -
Fees
Next intake
February, JulyEntry score
ATAR 60.90
Duration
Full-time 3 yearsLocation
Melbourne CityFees
AU$36,480 (2021 annual)
Next intake
February, July
Overview
Right now, business is changing exponentially. Disruption is the new normal, and businesses are under intense pressure to embrace digital transformation, new ways of working and to leverage opportunities to provide an outstanding customer experience in a new globalised economy.
The business professional of the future needs to be quick to act, flexible, forward-thinking, innovative and able to lead and adapt to changing business environments both locally and globally. They need to apply cutting edge knowledge and skills and be able to solve complex challenges, steer change and feel empowered to make a positive change in business and in society.
The business professional of the future
Technology, commerce, innovation, industry: there are no boundaries anymore. Business is the element that brings great ideas, new products and social progression together to allow concepts to become reality. But creating new realities requires a new kind of professional, one who understands the promise and application of technologies, can apply business acumen to ensure viability of outcomes and has the project development experience to operational concepts and innovations. A degree in business innovation and enterprise will open you up to career opportunities that haven't been invented yet. Are you ready to get started on the journey?
Build your own degree
Multi-disciplinary, and flexible. In this degree, you can determine your own pathway to success. Our focus is on developing your individual capabilities as the business professional of the future. In order to thrive in a dynamic and disrupted world, you will need to be able to see opportunities in challenges and respond creatively to new situations. This degree is unique in that it places the development of your capabilities (such as decision making, stakeholder relationships, critical and creative thinking and self-efficacy) at the forefront, with a solid backing in disciplinary understanding to allow you to drive innovation and the future of enterprise. You will be able to build your own degree by choosing specialisations, or continuing to develop breadth across the disciplines as the degree progresses, allowing you to carefully hone your own career pathway.
Details
In order to develop the business professional of the future, this program proposes a new approach to the bachelor degree that will allow you to develop:
- Your personal capabilities, including self-efficacy, global outlook and cultural awareness, flexibility, creativity, digital literacy, critical thinking, and the ability to lead and succeed in changing environments.
- The ability to apply business principles to a range of different sectors or applications as intrapreneurs or entrepreneurs, cross-disciplinary experts or specialists.
- Your degree into a customised, personalised program that helps you to carve out your future path and develop a professional identity that best suits your passions and interests.
- A portfolio of project outcomes in areas such as global sustainability, cybersecurity planning, blockchain and law, digital transformation, managing globally or remotely, big data, AI and robotics in the workplace, social enterprise development and more. These projects will allow you to develop real-world outcomes through project-based learning, creating artefacts that can be used as a professional portfolio when seeking employment.
- Professional networks by working closely with industry partners, such as Adobe, Cisco, VOLLE, RIIPEN, RMIT Activator, Future Skills Social Institute and RMIT Europe.
Industry engagement is core to your development and to the success of this program, ensuring that when you graduate you are adequately prepared to formulate strategy and implement what you have learned in real-world contexts. You will:
- Have full access to the RMIT-RIIPEN university-industry collaboration platform, with large global and multi-national industry partners, allowing you to work on real issues alongside industry.
- Work with professionals from tech giants such as Adobe and Cisco.
- Collaborate with non-profit organisations and charities through VOLLE, an online platform that matches volunteers with opportunities. You may choose to collaborate with RMIT Europe, as the program leverages the new European industry online projects and guest speakers.
- Enjoy the benefits of the RMIT Activator, with workshops, masterclasses, hackathons and micro credentials embedded within the program as part of the learning experience. This program will also draw on business problems for students to solve in the community and social-services from RMIT’s Future Social Service Institute (FSSI) among other collaborators.
For example, you could lead a global project via the RIIPEN and VOLLE platforms as work-integrated-learning (WIL) experiences or collaborate with RMIT Europe to support European based projects.
The Bachelor of Business Innovation and Enterprise has a unique structure. You will complete eight 'capability' subjects (half in year one and half in year two) with the rest of the curriculum consisting of projects (each project is equivalent to one course or subject) and electives.
In Year 1, you will complete four capability subjects:
- Critical and Analytical Approaches
- Developing Professionally
- Diverse Perspectives and Working Collaboratively
- Organisational Understanding.
You will also choose four projects from research areas that include:
- Blockchain Accounting
- Managing Global and Remote Teams
- Technology Transformation for SMEs
- Business Implications for Robotics and Remote Sensing
- Artificial Intelligence in the Workplace
- Legal Considerations for Big Data
- Cybersecurity Planning
- Global Business Sustainability
In Year 2, you will complete four capability subjects:
- Creative and Conceptual Approaches
- Influencing and Negotiating
- Resilience, Adaptability and Self-Care
- Decision Making
You will also choose 2-4 projects from research areas that include:
- Developing Mobile Apps
- Legal Considerations for Blockchain
- Cybersecurity Applications
- Artifical Intelligence and the Supply Chain
- Global Business Innovations
- Social Services Sector Project
- Data Analytics and Marketing
In Year 3, you will choose 3+ projects and up to 6 electives, allowing you to complete a minor (4 electives) in an area that you have become passionate about throughout your degree whilst also completing international or internship options as best suits your chosen career pathway. Your electives can be from within the College of Business, or in another area of study.
Choose a program structure
| Title | Location | Duration | Plan code | CRICOS | ||
|---|---|---|---|---|---|---|
| Bachelor of Business Innovation and Enterprise | City Campus |
3 years full-time or part-time equivalent
|
3 years full-time
|
BP341 | 103209D |
Choose a program structure
Program code: BP341
VTAC Code
If you are eligible to apply via VTAC, copy and paste the below code into VTAC search.
- Plan BP341 - 3200332761
Please ensure that you have checked the admissions requirements and apply page before applying.
VTAC Code
If you are eligible to apply via VTAC, copy and paste the below code into VTAC search.
- Plan BP341 - 3200332763
Please ensure that you have checked the admissions requirements and apply page before applying.
Career
This degree prepares students for a wide range of careers at the intersection of business and technology. Depending on the subjects undertaken throughout your studies, as a graduate you may take on future roles such as:
- digital capability coordinator
- corporate strategist
- concept designer
- corporate development analyst
- social innovation projects manager
- enterprise architect
- innovation manager
- business change consultant.
As a graduate, you will have a deep understanding of how businesses function, highly developed project management skills, and the ability to create and innovate in technologically-enhanced environments. You will also have a strong professional persona, excellent industry networks and a portfolio of real-world outcomes that have been developed throughout your studies. This combination of elements will put you in the box seat for a wide range of roles and contexts including governments, businesses, not-for-profit and community organisations, or to launch your own business/start-up.
According to LMIP, this field expects a growth of 24.7% for management and organisation analysts, and 12.9% for ICT business and systems analysts by 2024. According to Job Outlook in 2021, the most common salary for digital and agile business analysts is between $120,000 and $140,000.
Admissions
You must have successfully completed an Australian Year 12 (or equivalent qualification).
Prerequisites
Units 3 and 4: a study score of at least 30 in English (EAL) or at least 25 in English other than EAL.
Rankings and adjustment factors
Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement plus any adjustment factors.
Adjustment factors include equity access schemes and/or subject adjustments.
We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.
Selection criteria by applicant type
Please select the highest level of education you have or will be completing in order to find out the selection criteria that applies to you, in addition to meeting the above entry requirements.
Adjustment factors available only to applicants currently studying Year 12
School Network Access Program (SNAP)
- The SNAP access scheme is designed to increase tertiary participation by giving priority access to RMIT diploma and degree programs to eligible applicants currently studying Year 12 at a SNAP partner school.
Adjustment factors available only to applicants currently studying Year 12 or whose highest qualification is a completed Year 12.
Subject adjustments
- A study score of 25 in Accounting, Business Management, Economics, Geography, any Information Technology, Legal Studies, any Mathematics, Industry and Experience, or Psychology equals 1 aggregate point per study.
- A study score of 35 in any English equals 2 aggregate points per study.
- Overall maximum of 5 points.
Regional adjustments
- RMIT automatically allocates adjustment factors to applicants from a low socio-economic status area for all programs that select primarily on ATAR. Low socio-economic status areas are determined by applying the Australian Bureau of Statistics (ABS) Socio-Economic Index for Areas (SEIFA) Index of Education and Occupation.
Equity access schemes
- Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
- This program has been recognised as being under-represented by female applicants. Additional adjustment factors may apply to those applying to category 1 of the Special Entry Access Scheme or RMIT access application.
- Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
- If you are applying through VTAC you should apply for the Special Entry Access Scheme.
- If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.
Successful completion of any Australian Diploma or Advanced Diploma (or equivalent) will meet the minimum entry requirements for this course.
Special Tertiary Admissions Test (STAT)
You may satisfy the academic requirements by completing the STAT multiple choice.
If you are applying to RMIT as an applicant with vocational education training, you may sit the STAT multiple choice if you:
are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program
STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents.
Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.
You may be eligible for the following adjustment factors:
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., GPA (including any adjustment factors).
We will consider your entire academic record to determine your eligibility for entry. Previous fail grades in similar courses may affect your eligibility.
- successful completion of an Australian higher education diploma (or equivalent overseas qualification); or
- successful completion of at least four courses (subjects) at an Australian associate degree (or equivalent) and no double-fail in any required course of the receiving degree; or
- successful completion of at least two courses (subjects) at an Australian undergraduate level (or equivalent) and no double-fail in any required course of the receiving degree; or
- successful completion of two Open Universities Australia higher education units. Scored or graded results are required.
Special Tertiary Admissions Test (STAT)
You may satisfy the academic requirements by completing the STAT multiple choice. If you are applying to RMIT as an applicant with higher education study, you may sit the STAT multiple choice if you:
are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program
STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents.
Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.
You may be eligible for the following adjustment factors:
Equity access schemes
- Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
- This program has been recognised as being under-represented by female applicants. Additional adjustment factors may apply to those applying to category 1 of the Special Entry Access Scheme or RMIT access application.
- Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
- If you are applying through VTAC you should apply for the Special Entry Access Scheme.
- If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., Special Tertiary Admission Test (STAT) score (including any adjustment factors).
You must have successfully completed an Australian Year 12 (or equivalent qualification) and meet the stated prerequisites. Work and life experience does not provide any additional consideration for entry to this program. You may satisfy the academic requirements by completing the STAT multiple choice.
Special Tertiary Admissions Test (STAT)
You may satisfy the academic requirements by completing the STAT multiple choice. If you are applying to RMIT as an applicant with work or life experience, you may sit the STAT multiple choice if you:
- are 19 years of age or over as of 1 January in the year in which you will start your studies and
- have not been enrolled in secondary studies for at least two years and
- have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program.
STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents.
Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.
You may be eligible for the following adjustment factors:
Equity access schemes
- Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
- This program has been recognised as being under-represented by female applicants. Additional adjustment factors may apply to those applying to category 1 of the Special Entry Access Scheme or RMIT access application.
- Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
- If you are applying through VTAC you should apply for the Special Entry Access Scheme.
- If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
Additional information
*ATAR refers to the lowest selection rank to which an offer was made (including consideration of any adjustments) for current and recent Year 12 applicants.
RMIT is committed to providing transparency to the admissions process. In line with this commitment, we provide you with information that will help in making informed choices about your undergraduate study options. Find out more about RMIT’s commitment to admissions transparency.
You must have successfully completed an Australian Year 12 or an equivalent senior secondary school qualification with a minimum average of 75% (see calculator below).
Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post secondary diploma in the relevant discipline with the required grades.
Meeting the minimum academic requirements does not guarantee entry. Your application will still need to be assessed and accepted.
To study this program you will need to complete one of the following English proficiency tests:
- IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
- TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
- Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
- Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.
For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.
Don't meet the English language test scores? Complete an Advanced Plus Certificate at RMIT English Worldwide.
Pathways
This course offers pathway options. If you don’t meet the entry requirements, a formal pathway might be your way in.
Undertaking a certificate, diploma, advanced diploma or associate degree can help you meet the entry requirements for your preferred course. These qualifications often provide credit, reducing the duration of your bachelor degree and helping you get the degree you want.
For more information, use our Pathways finder or contact Study@RMIT to discuss your options.
Credit and recognition of prior learning
Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience. Find out if you might be eligible.
Fees
2021 indicative fees
In 2021, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$3,950 to AU$14,500*.
Additional expenses
- Student services and amenities fee (SSAF): AU$313 maximum fee for 2021.
- Other items related to your program, including field trips, textbooks and equipment.
Annual fee adjustment
Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.
Fees are adjusted on an annual basis and these fees should only be used as a guide.
Defer your payment
You may be eligible to apply for a HECS-HELP loan, which can be used to defer payment of up to the full amount of your student contribution fees. You may also be eligible to apply to defer payment of your SSAF through the SA-HELP loan scheme.
Learn more about fees for undergraduate study.
Paying your fees and applying for refunds
For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.
All undergraduate and honours degrees have Commonwealth supported places (CSP) available.
In a CSP, your tuition fees are subsidised by the Australian Government. Your share of the fee (student contribution) is set each year by the Australian Government and is determined by the discipline areas (bands) of the courses in which you enrol, not the overall program.
How much can I expect to pay for my Commonwealth supported place?
The Australian Government has introduced changes to university funding and student contribution fees under its Job-ready Graduates Package.
The fees in the table below apply to students commencing their program in 2021. Fees for continuing students are available at fees for Commonwealth supported students.
Each course (subject) falls into a band. The band determines the student contribution amount for the course.
Amounts listed in the table below are based on a standard, full-time study load (96 credit points per year) with all courses in the same band. A proportionate fee applies for more or less than the full-time study load or for enrolment in courses (subjects) from a combination of bands.
You can learn how to calculate your exact tuition fees for units from different bands at fees for Commonwealth supported students.
Maximum student contribution amount for Commonwealth supported places in 2021 for commencing students
Student contribution band by course (subject) |
Maximum annual student contribution amount (per EFTSL) in 2021 |
|---|---|
Education, Postgraduate Clinical Psychology, English, Mathematics, Statistics, Nursing, Indigenous and Foreign Languages, Agriculture |
$3,950 per standard year $493 per standard (12 credit point) course |
Allied Health, Other Health, Built Environment, Computing, Visual and Performing Arts, Professional Pathway Psychology, Professional Pathway Social Work, Engineering, Surveying, Environmental Studies, Science, Pathology |
$7,950 per standard year |
Dentistry, Medicine, Veterinary Science |
$11,300 per standard year |
Law, Accounting, Administration, Economics, Commerce, Communications, Society and Culture |
$14,500 per standard year |
HECS-HELP Loans
The Australian Government provides financial assistance via the HECS-HELP loan scheme, which allows eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) to defer payment of up to the full amount of their student contribution.
SA-HELP Loans
You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.
How does a HELP loan work?
If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.
You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.
For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.
In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.
The SSAF is calculated based on your enrolment load and the maximum fee for 2021 is $313.
For more information about calculating your actual SSAF see Paying SSAF.
You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.
The annual tuition fee for 2021 is AU$36,480.
The total indicative tuition fee for 2021 commencement is AU$117,120.
In addition to tuition fees you also need to pay for:
- Student services and amenities fee (SSAF) in each calendar year.
- Overseas Student Health Cover (OSHC) - Student visa holders must have cover for the total duration of their visa.
- Some programs incur additional expenses.
You also need to account for your living expenses. Estimate the cost of living in Melbourne.
Applying for refunds
Find information on how to apply for a refund as a continuing international student.
Looking for answers or more general infomation?
For frequently asked questions or how to find more information regarding applications and enrolments, fees, student support services, university policies and more, please visit our Frequently Asked Questions.