Program Overview

Certificate IV in Entrepreneurship and New Business

The Certificate IV in Entrepreneurship and New Business (BSB40320) is a nationally accredited qualification that provides individuals with the practical, hands-on experience to enter the world of entrepreneurship with confidence.

Program Overview

This program is designed to develop the skills and knowledge required to think creatively, identify opportunities, conduct market research, find a good product-market fit, and develop strategic business plans. The program covers a range of core business skills, including marketing, small business management, and financial and legal compliance.

Program Structure

The program is delivered over 6 months through a combination of:

• online study (2.5 days per week)
• weekly workshops (Wednesday, 9am–3:30pm)
• in-person masterclass events at UQ's St Lucia campus

An accelerated version of this program is available for people already working in industry, consisting of 8 hours of online study and 2 workshops per week (Tuesday and Thursday, 6–9pm).

Assessment

Assessment methods include written exams and reports, oral assessments, and practical demonstrations.

Entry Requirements

There are no formal entry requirements for this course. However, an understanding of basic business and technology concepts, gained through previous training, qualifications, and/or work experience in a business-related field, would be an advantage.

Resources

• 2026 UQ Skills Student Handbook (includes student support and guidance on fees, withdrawal, and other policy information)
• Full fee: $4,200
• Accelerated program fee: $3,800

Units of Competency

To achieve this qualification, students must complete 11 units of competency, including:

• Apply critical thinking to work practices (BSBCRT411)
• Collaborate in creative processes (BSBCRT413)
• Originate and develop concepts (BSBCRT512)
• Implement continuous improvement (BSBSTR402)
• Investigate business opportunities (BSBESB301)
• Research and develop business plans (BSBESB401)
• Market new business ventures (BSBESB404)
• Plan finances for new business ventures (BSBESB403)
• Manage compliance for small businesses (BSBESB405)
• Manage finances for new business ventures (BSBESB407)
• Establish legal and risk management requirements of new business ventures (BSBESB402)

Careers

Graduates may find employment in roles such as:

• business manager
• chief executive officer
• financial analyst
• sales manager
• small business manager

Disclaimer

Details are correct at the time of upload and are subject to change. UQ Skills reserves the right to change programs, subjects, or costs or to cancel a program based on consideration of student numbers and resource allocation. Ensure that you understand the program, subjects, associated costs, and fee liability prior to signing an enrolment form.