Master of Business Administration (Innovation and Entrepreneurship)

The ICMS Master of Business Administration (Innovation and Entrepreneurship) is a next-level postgraduate degree experience for the ambitious, passionate, and driven – those who are serious about fast-tracking their career to the next level.

With an emphasis towards mastery of leadership, all ICMS MBAs focus on personal leadership development and people-first development, transforming students into sought-after graduate leaders who will positively influence the culture of their organisation, and their industry of choice.

The Innovation and Entrepreneurship specialisation MBA will equip you with the skills, analytical tools, perspectives, and experiences to prepare you for a career as an autonomous entrepreneur, or as an intrapreneur in a global corporate setting.

This specialisation option draws on the emerging body of research on entrepreneurial strategies, innovation and creativity. It combines theory with practice, providing you with the opportunity to test the theories, models, and strategies learned in the classroom by engaging with industry – through which you will gain access and insights from leaders in the entrepreneurial community.

Other MBAs offered include:

• Master of Business Administration
• Master of Business Administration (Digital Transformation)
• Master of Business Administration (Business Analytics)

If you are looking for an introduction to the MBA, you could choose to begin your studies with a stand-alone or pathway option:

• Graduate Certificate of Business Administration

The ICMS MBA specialisation degrees offer:

• 10 x Core subjects
• 2 x WIL Professional Placement subjects
• 2 x Specialisation subjects

14 Subjects in total (64 credit points)

ICMS MBA degrees are designed to develop leaders who are truly sought-after in the business world. ICMS believes it is not just about gaining the letters – it’s about achieving mastery in leadership, and positioning you for success in a highly competitive job market.

Entrepreneurial skills and thinking are actively sought-after by growing, innovative and competitive global businesses aiming to stay ahead of market trends.

Preparing you to be future-oriented with the ability to confidently lead through change and transformation, achieved through the emphasis on four cross-cutting themes that are embedded across all subjects:

• Personalised Leadership  Development
• Global Mindset
• Ethics, Responsibility & Sustainability (ERS)
• Future Orientation and Strategic Transformation

These high level skills are relevant for a variety of roles in any industry and are the backbone of a successful competitive global economy. 

With the unprecedented pace of global change, businesses must adapt to survive. Technological innovation and economic upheavals have altered traditional business models. The intervals between “revolutionary” impacts are decreasing, with change now constant. Businesses are seeking MBA graduate leaders who understand that transformation and leadership are inextricably linked with strategy execution.

Business success also depends on more than just strategy and planning. A positive and constructive organisational culture is crucial for exceptional business performance. Collaboration among diverse individuals is key to unlocking innovation and achieving greatness. Bringing together people with different ideas, experiences, and insights and getting them to work together towards a shared goal is essential. This is why the ICMS MBA (Innovation and Entrepreneurship) incorporates the development of your “soft” skills, as well as competencies in core functional business areas.

Ultimately, success in today’s business environment requires visionary leadership, adaptability, and a culture that supports innovation and collaboration. The world is changing faster than ever, and businesses that fail to keep up risk being left behind.

ICMS MBA (Innovation and Entrepreneurship) graduates will be sought-after for their ability to embrace change, foster a positive work culture, and transform global businesses, helping them to thrive in this ever-changing world.

As an ICMS MBA (Innovation and Entrepreneurship) student you will have the opportunity to complete an Action Learning Project and a Professional Placement and  in an Australian or international business within your two Work Integrated Learning (WIL) subjects, included within the degree.

Professional placements are arranged by the dedicated ICMS WIL team who will work with you to secure an individually tailored internship role aimed at building your Australian business networks and connections, as well as providing real life work experience.

The MBA (Innovation and Entrepreneurship) has been designed with the aim of enhancing and cultivating your unique leadership style. From day one, the best of industry and academia will be alongside you, teaching, mentoring, coaching and stretching you.

With their support, you will get the opportunity to network whilst you develop into the leader you want to become – confident, competent, and connected.

Upon successful completion of the ICMS MBA (Innovation and Entrepreneurship) you will able to:

• Make decisions to enhance business performance by drawing on integrated knowledge of core business, Innovation and Entrepreneurship disciplines with critical ethical judgement.
• Synthesise information and data to generate evidence-based and sustainable strategic options for business challenges and opportunities.
• Effectively communicate using a range of media to create a vision, credibility, and trust with a diverse group of business and community stakeholders.
• Critically evaluate contextual factors, trends, technology and opportunities impacting on business and apply a forward-thinking, entrepreneurial and strategic mindset.
• Formulate responsible and sustainable innovative and entrepreneurial business practices reflecting ethical standards with consideration for a positive impact on a variety of stakeholders inclusive of indigenous groups.
• Exhibit self-awareness, critical reflection and perspective taking ability as a leader, life-long learner and effective team-collaborator in a diverse and global business environment.
• Integrate specialised innovative and entrepreneurial practical knowledge and advanced professional skills through applied business research, and observations in a business context.
• Develop innovative and entrepreneurial transformative business strategies to lead effectively in a constantly changing environment by drawing on innovative, specialised and creative approaches.