Melbourne City Institute of Education

Certificate IV in Entrepreneurship and New Business - BSB40320

Melbourne City Institute of Education

Type of institution: Registered Training Organisation
Level: Pre-degree
CRICOS: 03024A

This qualification reflects the role of individuals establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation. These individuals use well developed skills and a broad knowledge base to solve a range of unpredictable problems, and analyse and evaluate information from a variety of sources. They may provide leadership and guidance to others and have responsibility for the output of others. Licensing/Regulatory InformationNo licensing, legislative or certification requirements apply to this qualification at the time of publication.


  • Apply communication strategies in the workplace
  • Design an ecommerce site
  • Implement customer service strategies
  • Promote innovation in team environments
  • Establish operational strategies and procedures for new business ventures
  • Negotiate contracts
  • Lead effective workplace relationships
  • Lead the development of diverse workforces
  • Develop a basic website for customer engagement
  • Implement and monitor environmentally sustainable work practices
  • Report on financial activity
  • Investigate business opportunities
  • Develop and present business proposals
  • Establish innovative work environments
  • Assess marketing opportunities
  • Provide a quotation
  • Research and develop business plans
  • Develop a social media strategy
  • Coordinate recruitment and onboarding
  • Apply critical thinking to work practices
  • Communicate effectively as a workplace leader
  • Coordinate the learning and development of teams and individuals
  • Promote products and services
  • Undertake project work
  • Promote workplace cyber security awareness and best practices
  • Plan finances for new business ventures
  • Analyse and present research information
  • Manage personal health and wellbeing
  • Apply understanding of the Australian legal system
  • Apply digital solutions to work processes
  • Lead personal development
  • Analyse big data
  • Manage finances for new business ventures
  • Collaborate in creative processes
  • Build and maintain business relationships
  • Implement records systems for small business
  • Establish legal and risk management requirements of new business ventures
  • Manage compliance for small businesses
  • Coordinate business resources
  • Implement and monitor WHS policies, procedures and programs
  • Review and maintain organisation’s digital presence
  • Set up and operate a computerised accounting system
  • Market new business ventures
  • Lead and facilitate a team
  • Originate and develop concepts
  • Use digital technologies to collaborate in a work environment

Study information

CampusFeesEntryMid year intakeAttendance
MCIE Melbourne Domestic: $4,500
  • Online/Off-campus : 52 weeks

Fee comments

Campuses: MCIE Melbourne.

Concession fees are applied for eligible candidates (holders of Health Care Care, Pensioners Card, and for Aboriginal and Torres Strait Islanders).

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