Certificate IV in Entrepreneurship and New Business (VIC Only)

Course Rundown

Are you striving to ascend to a higher-tier position in business development? Perhaps you’re an entrepreneur poised to craft and actualise a comprehensive business plan? This BSB40320 Certificate IV in Entrepreneurship and New Business qualification from Monash College Future Skills is meticulously designed to furnish you with contemporary expertise and competencies necessary to realise your career ambitions in the business sector.

This qualification is tailored to individuals embarking on new business ventures or establishing new enterprises within larger organisational frameworks. By engaging with this program, you will acquire a nuanced understanding of business dynamics and develop practical skills essential for successful entrepreneurship and business management. You will learn all about business essentials such as how to research and develop business plans, how to plan finances for new business ventures and how to develop and present business proposals, among others.

This course content is delivered mostly online but some classroom attendance at the Docklands campus is necessary (around six hours per month). The course takes around four months to complete full time.


There are no formal educational requirements for this course, anyone can attend.

While completing the BSB40320 Certificate IV in Entrepreneurship and New Business qualification from Monash College Future Skills, you will cover the following subjects:

Core units:

  • BSBESB401 - Research and Develop Business Plans
  • BSBESB402 - Establish Legal and Risk Management Requirements of New Business Ventures
  • BSBESB403 - Plan Finances for New Business Ventures
  • BSBESB404 - Market New Business Ventures

Elective units:

  • BSBESB301 - Investigate Business Opportunities
  • BSBESB302 - Develop and Present Business Proposals
  • BSBHRM525 - Manage Recruitment and Onboarding
  • BSBMKG431 - Assess Marketing Opportunities
  • BSBPMG430 - Undertake Project Work
  • BSBSTR401 - Promote Innovation in Team Environment

Monash College Future Skills, our mission is to revolutionise workforce productivity and adaptability in today's dynamic world. We are dedicated to equipping our customers and students with the skills for the future workforce with an array of learning options, including a variety of short courses, micro-credentials, both accredited and non-accredited programs. Our offerings, which range in duration are carefully designed to incorporate the latest in AI technology, providing a highly personalised and effective educational experience. We specialise in four main areas: Digital, Care, Clean Economy, and Professional skills. At Future Skills learning is deeply integrated with innovation and practical skills, paving the way for a transformative and impactful career journey.

Educational and support services are available to assist all students at Monash College. Students can contact their trainer to discuss and clarify assessment requirements, the timing of assessments and reasonable adjustments that may apply in some circumstances.

Learning Support Advisors are available to assist students with study skills such as time management, conducting research, English language and numeracy skills.

Free, confidential student counselling support is available to help students manage personal issues.

Campus Locations

This course can be delivered on campus to provide you with practical training in a face-to-face learning environment. It is available to study at the following locations:

Victoria: Melbourne (Docklands)

You can also choose to study this course online with some on-campus components (blended learning).

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Where Will It Lead Me?

On successful completion of this course, you will gain a nationally recognised BSB40320 Certificate IV in Entrepreneurship and New Business qualification from Monash College Future Skills. Whether you're running your own business venture or working for a company, the skills and knowledge you gained in this course will help you get ahead.

Curious about where a career in business could take you? Potential job outcomes may include:

How Much Will It Cost?

Total cost for this course is $2,850.

Studying with Future Skills, you will receive additional learning opportunities at no extra cost to you. This add-on value worth $900 includes a series of microcredentials and tools to ensure you are ready for the future of work. Add on opportunities include:

  • ‘Embrace Responsible AI Principles and Practices’ training (as part of your online induction at the start of the course); 
  • ‘Transferable Skills Diagnostic: a tool to learn about your strengths and opportunities in skill development;
  • Two micro-credentials from the ‘Transferable Soft Skills’ suite, resulting in receiving Monash College e-Badges;
  • One micro-credential from the ‘Microsoft’ suite (Please note to complete Microsoft exams an exam charge as set by Microsoft will be charged)
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