BSB40320 Certificate IV in Entrepreneurship and New Business

Australian Institute of Professionals

Course details

CRICOS course code: 106948M

Level of study: Career Based/Vocational


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.


  • Each unit is assessed individually. Each unit contains two or more assessment tasks that are undertaken in class or in the student’s own time. Some assessment tasks are open book, and some are closed book. Students will undertake in class assessments at the AIOP campus at 42b Synnot Street Werribee Victoria Australia. All assessment activities will be conducted by AIOP Assessors.

  • Assessment methods include a combination of written tests, written assessments, presentations, demonstrations, projects, and practical demonstration of skills. A simulated work environment training facility is also used in places for assessment purposes.

  • Students will be provided with opportunities for re-assessment if they fail to demonstrate competency during assessment tasks. In certain cases, students may be advised to re-enrol in further training before re attempting assessments.
  • After each assessment, the student’s submission will be marked S – Satisfactory or U – Unsatisfactory and verbal and written feedback provided. Unit results are recorded as C – Competent and NYC – Not Yet Competent.
  • Students will be permitted 3 attempts to demonstrate competency at each assessment. If they are still unable to demonstrate satisfactory competence at this point they must re-enrol and undertake the training again.
  • Students will be informed of assessment processes and methodologies pre-enrolment and at orientation. Assessors will provide copies of the assessment tasks in accordance with the assessment schedule and discuss the assessment requirements with each student prior to them attempting each task.
  • Assessments employ a variety of theoretical and practical tasks to assess student’s knowledge and skills in relation to the unit context. The context of the simulated workplace environment may be incorporated into assessment tools (where appropriate) and student’s complete tasks to workplace standards.


Upon successful completion of the 10 units of competency in this course, students will be issued a BSB40320 Certificate IV in Entrepreneurship and New Business and a Record of results. If a student successfully completes some but not all of the units of competency in the course, they will be issued a Statement of Attainment indicating the units they have successfully completed.

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Tuition Fees (AUD $) Start date Duration Campus
8,000 Per Year
Read moreApplication Fee: 350
Monthly 52 weeks
Self study / online (with attendance)
Australian Institute of Professionals
42B Synnot Street
Melton Victoria 3030

Entry criteria

  1. To gain entry to this course, students must have successfully completed year 12 or secondary studies in applicants home country equivalent to an Australian Year 11* or 12 qualification. (*Subject to the country Assessment Level) and course.
  2. Applicants for this qualification must have a minimum English language proficiency of IELTS 5.5 (overall band) or an equivalent exam result recognised by the Australian Depart-ment of Home Affairs.
  3. Students complete Enrolment and Pre training review forms during the enrolment process.
  4. Students’ knowledge, skills, experience and qualifications are assessed using the information provided and these forms.
  5. On completion of the assessment Australian Institute of Professionals determines if the course is suitable for the client and addresses their learning needs.
  6. Students must be at least 18 years of age at course commencement.
  7. Students must secure an appropriate visa that allows them to study in an Australian Registered Training Organisation prior to course commencement.


Australian Institute of Professionals
42B Synnot Street
Melton Victoria 3030
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