Certificate IV in Entrepreneurship and New Business
Certificate IV in Entrepreneurship and New Business
Overview
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.
Ideal Audience
Target groups for the Certificate IV in Entrepreneurship and New Business are those who are:
- Seeking to establish their small business by establishing legal and risk management requirements
- Seeking to learn to plan and manage business finances, undertake small business planning, promote innovation in the team environment and build client relationship and business networks.
- Seeking a pathway to higher education qualifications
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.
Career Pathway
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:
- BSB50120 – Diploma of Business
- BSB50420 – Diploma of Leadership and Management
Industry/ Enterprise/ Licensing Requirements
There are no industry / enterprise or licensing requirements for this qualification.
Course Duration
40 scheduled tuition weeks and up to 10 weeks of holidays (50 weeks total)
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.
Entry Requirements
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:
- have completed year 12 or equivalent
- are over the age of 18
- meet ONE the following English proficiency requirements of this course:
- evidence of holding any of the following English language test scores within the last 3 years
Test Type
Score or Level
OR
- be able to provide any of the following evidence of English Language competence
- that they were educated for 5 years in an English-speaking country.
- that they have successfully completed their Year 12 or equivalent in English Language.
Additional Requirements:
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.
Condition of Entry:
- For international students: it is a condition of entry that upon acceptance, students provide evidence of having an Australian Student Visa (subclass 500). Students are advised to refer to the following government website for information about applying: https://www.border.gov.au/Trav/Visa-1/500-
Course Structure
The BSB40320 Certificate IV in Entrepreneurship and New Business requires the completion of the following 10 (including 4 core and 6 electives).
Code
Title
Core/Elective
Elective
Elective
Elective
Elective
Elective
Course Status
Qualification
Current, Release 2, Release date 25/01/2022 as at 15/7/2024
Delivery Methods
Class based with homework
Assessment Methods
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
- Direct observation – this can sometimes happen using simulated environments in the classroom, or where interaction with students is required, this will occur in the workplace at a site visit.
- Product based methods – these are generally reports, displays, case studies and presentations.
- Questioning – written questioning is used for a number of assessment tasks. This can be done verbally as a reasonable adjustment for students with disabilities impacting their ability to complete written tasks.
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.
Gap Training
Credit Transfer
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