VET Qualification Code: BSB40320
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.
Target groups for the Certificate IV in Entrepreneurship and New Business are those who are:
Target groups will include international students. Students will usually be new entrants; however, credit and/or RPL can be provided for those with existing skills and knowledge allowing such students to complete the course in a shorter timeframe. On successful completion students will be issued with nationally recognised qualifications and/or statements of attainment.
Students who complete this course can expect to gain work as Small Business Manager/Owner. Students who complete this course may wish to continue their education into such courses such as:
There are no industry / enterprise or licensing requirements for this qualification.
Students will participate in a total of 1000 hours of training, learning and assessment activities.
This includes 20 hours of class each week.
In addition, students will be required to complete 5 hours of homework/online/self-study each week which may involve reading their textbooks, class materials, discussing their work with their trainer/assessor and/or other students and completing assessment tasks that are not done in class such as projects.
The Training Package states that there are no prerequisites or mandatory entry requirements for this qualification, allowing flexible entry points.
This course is available to students who are able to provide evidence that they:
OR
have the required level of Language, Learning and Numeracy skills required by the course by
o completing a Language, Literacy and Numeracy (LLN) assessment conducted by an EduNex Training at the time of orientation to identify the support required by the students. This support will enable students to complete qualification in the required time.
o The LLN test also assists EduNex Training to assess whether or not students’ LLN skills are at a level suited to the course requirements. It also assists our trainers to prepare individual learning plans for each successful applicant where skill weaknesses are identified.
o The student must have basic computer skills to use word processing software like Microsoft Word and using internet effectively for research.
The BSB40320 Certificate IV in Entrepreneurship and New Business requires the completion of the following 10 (including 4 core and 6 electives).
Elective
Elective
Elective
Elective
Elective
Current, Release 2, Release date 25/01/2022 as at 15/7/2024
Class based with homework
Please refer to the BSB40320 Delivery and Assessment Schedule for assessment methods for each Unit of Competency.
Definitions of each of these methods has been drawn from the ASQA Guide for developing assessment Tools (page 5), https://www.asqa.gov.au/sites/g/files/net2166/f/Guide_to_developing_assessment_tools.pdf
Where evidence is gathered over a number of assessments, successful completion of the unit of competency will only be judged after successfully completing each individual assessment.
Each unit is assessed individually as a clustered approach has not been taken.
Students with a significant amount of prior skills and/or knowledge or previous relevant qualifications are encouraged to apply for recognition of prior learning and/or credit transfer which may reduce the amount of training required