Certificate IV in Entrepreneurship and New Business

Certificate IV in Entrepreneurship and New Business - BSB40320

VOCATIONAL

Discover how to take your business ideas and develop their concepts into fully-fledged business opportunities.

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Student type:
Learning mode:
On campus
Entry score:

Not applicable

Duration:
Full-time 6 months
Fees:

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Next intake:
Not applicable
Location:
Melbourne City
Learning mode:
On campus
Entry score:

Not applicable

Duration:
Not applicable
Fees:

Not applicable

Next intake:
Not applicable
Location:
Not applicable

Unfortunately, this qualification is no longer available for the 2025 intake due to changes in Victorian government funding. We apologise for any inconvenience but would encourage you to consider these alternative courses, which are open for applications for Semester 1, 2025:

Unfortunately, this qualification is no longer available for the 2025 intake due to changes in Victorian government funding. We apologise for any inconvenience but would encourage you to consider these alternative courses, which are open for applications for Semester 1, 2025:

Overview

Turn your drive and ambitions into skill, and learn how to grow ideas into an exciting and functioning new business.

The Certificate IV in Entrepreneurship and New Business has been designed to help entrepreneurs and budding founders set up and run a business, giving you the tools you need to develop a business plan and see it through to fruition.

You will build financial and marketing acumen, utilise social media to promote products or services, learn to understand your target market, and develop the communication tools required to be successful in your business endeavours.

This training is delivered with Victorian and Commonwealth Government funding.

Details

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Learning and teaching

This certificate is delivered via a blended learning model, with classes structured as a hybrid workshop/tutorials.

You will use collaborative, interactive, and enquiry-based learning methods. Teacher led seminars/workshops/classes will provide you with the opportunity to deconstruct and make meaning of the extensive array of information that is available that enables you to choose the best methodology for setting up and operating a business from the ideation stage through to marketing and promoting their product/service as a fully-fledged business entity.

Assessment methods

Assessment in this certificate will depend on the subject, and may include observations of presentations, case studies and scenarios, work-simulated projects, group work, practical demonstrations, and more.

Learning at RMIT

The types of classes you have will depend on the course you’re studying. Classes are offered in various formats designed to provide meaningful engagement with staff, industry and peers and provide for access and use of spaces where learning can be applied and active, including an array of specialised equipment.

Most RMIT courses do not include passive large-scale classes such as lectures, instead the content traditionally provided in lectures is made available online. This may be in the form of readings, videos or other on-demand learning materials. This content will also support the basis of interactive learning that takes place in on-campus classes.

An exciting part of your studies in this certificate is the opportunity to also work with real clients seeking to build and grow their business.

This gives you the opportunity to utilise the skills and knowledge you have gained throughout your studies to focus on solving an identified problem or potential new initiative for that organisation. You will be part of a small, fast team that will construct up a potential solution that you will showcase to the client who will look at what opportunities your solution would provide for their business.

The knowledge and skills you will acquire throughout this certificate and how they can be applied in your career are described in the learning outcomes.

Your classes, seminars or workshops will be conducted as a mixture of on campus in a blended learning format.

You can expect 15-19 contact hours per week supported by comprehensive online materials which will enable you to consolidate your understanding of the subjects and projects you will undertake.

This certificate comprises ten subjects total, including four core subjects and six elective subjects. Your subjects have been designed to enable you to acquire the necessary skills to become a successful entrepreneur or business founder.

Through your studies in this certificate, you will learn how to develop a business plan and proposal, plan and manage your business finances, explore marketing opportunities and methods, and manage legal compliance and risk management. 

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Certificate IV in Entrepreneurship and New Business
Program code: C4421
National curriculum code: BSB40320
Title
Location
Duration
Plan code
CRICOS
Certificate IV in Entrepreneurship and New Business
City Campus
0.5 years full-time or part time equivalent
C4421
Location
City Campus
Duration
0.5 years full-time or part time equivalent
Plan code
C4421
CRICOS
View plan

Career

Upon successful completion of this certificate, you will have the skills required to pursue new business opportunities as an entrepreneur or business founder in the field of your interest.

Alternatively, you may opt to undertake further study in business, including the Diploma of Business.

Entry requirements and admissions

You need to satisfy all of the following academic (entry) requirements to be considered for entry into this course.

There are no minimum academic entry requirements for this program. Applicants must meet the minimum university entry requirements for this program.

There are no prerequisite subjects required for entry into this qualification.

A selection task is not required for entry into this qualification.

Pathways

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Even though there are no formal pathways into this course, there are often other ways you can gain entry.

Credit may reduce the duration of your study by acknowledging your earlier, relevant study experience.

When you are submitting an application, please indicate that you want to be considered for credit and provide detailed course syllabus (also known as course outline), outlining volume of learning, course content and weekly topics, learning objectives/outcomes, assessment types and their weightings, and reference to the learning resources such as prescribed textbooks and recommended readings.

Successful completion of the Certificate IV in Entrepreneurship and New Business Practice guarantees entry into the following qualifications:

Fees

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Tuition fees

The tuition fees you will pay for this program will depend on whether you are offered a Victorian Government subsidised place or a full-fee place. To find out if you are eligible for a government subsidised place, follow the steps at How to check if you are eligible.

  • 2025 government subsidised place (with concession): AU$950* per annum
  • 2025 government subsidised place: AU$4,750* per annum
  • 2025 full-fee place: AU$7,750* per annum

*Fees shown are indicative only and subject to change given individual circumstances at the time of enrolment.

Fee finder

Use our fee finder.

Additional expenses

  • Student services and amenities fee (SSAF): AU$365 maximum fee for 2025.
  • Other items related to your program, including field trips, textbooks and equipment.

Annual fee adjustment

The student tuition fees as displayed by the fee finder are indicative only and subject to change given individual circumstances at enrolment. Fees are adjusted on an annual basis and these fees should only be used as a guide.

Eligibility Exemption criteria

**The Victorian Government is currently waiving three (3) eligibility criteria around prior qualifications. This means that more people who want to study a vocational education program at RMIT, and who have studied previously, will be able to access a government subsidised place in a program. Find out how to check your eligibility

Payments and 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.

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 2025 is $365.

You may also be required to purchase other items related to your course, including field trips, textbooks and equipment. These additional fees and expenses vary from course to course.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

Frequently Asked Questions (FAQs)

Looking for answers or more general information?

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

This course is not available for international students intending to study on a student visa.

Information for international students

Sorry, this course is not available for international students intending to study on a student visa. If you hold a different visa type, you may be eligible. Please contact Study@RMIT for more information.

 

Information for local students

If you are a local student please select 'switch to local' below to view the full course information.

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Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Sentient' by Hollie Johnson, Gunaikurnai and Monero Ngarigo.

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aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.

More information