UTS launches entrepreneurship honours degree
The University of Technology Sydney (UTS) business school will launch a one-year, full-time Bachelor of Entrepreneurship (Honours) program to provide entrepreneurial skills and knowledge to graduates from any field of study.
“The one-year entrepreneurship honours program is the first of its kind in Australia,” says UTS Business School Associate Professor Jochen Schweitzer.
“Students from any discipline – whether journalism, engineering, science, IT, or others – will be able to immerse themselves in the startup world and develop their own enterprise.”
The program will be open not only to UTS students but also to those graduating from other Australian universities or international institutions.
The new program complements and integrates with other entrepreneurship paths at UTS, sitting among extra-curricular activities that help students develop entrepreneurship skills but don’t involve a formal qualification – such as the UTS Startups program – and more extensive postgraduate qualifications such as the MBA in Entrepreneurship (MBAe), he says.
More than 40 per cent of UTS students say they want to create their own jobs or start their own companies, according to UTS research. Professional services firm EY’s Global Centre for Entrepreneurship and Innovation found similar entrepreneurial aspirations globally.
The UTS Bachelor of Entrepreneurship (Honours) is designed for students who are already active entrepreneurs or who would like to develop their own entrepreneurial venture and want to develop the skills, knowledge and mindset required to build a successful enterprise in their area of expertise.
The program was developed in collaboration with UTS faculties and the wider startup community. It will be delivered through UTS Business School and the Faculty of Transdisciplinary Innovation at UTS, and be integrated with the UTS Startups extra-curricular program.
UTS Bachelor of Business graduate Pavel Stanek has experienced the boost a university entrepreneurship program can provide, after taking part in a 12-week extra-curricular program at UTS where he had to come up with a business idea and pitch it.
“It really triggered my passion for entrepreneurship,” says Stanek, who is continuing to work on his own business.
Fellow entrepreneur Sebastian Choui, who studied a Bachelor of Engineering at UTS, is already making waves with his space and satellite industry startup Arlula. “Entrepreneurship is an adventure, it’s exciting. You’re not just a cog in a wheel – it is really rewarding,” he says.
Associate Professor Schweitzer says the aim is to cater for students from a wide range of backgrounds, including students from other universities here and overseas.
"A number of Australian universities offer a bachelor of business with entrepreneurship or a bachelor of entrepreneurship but I'm not aware of any that offer students the opportunity to complete an honours year in entrepreneurship if their degree is not in business," says Associate Professor Schweitzer.
The new program will include a startup boot camp and startup labs where students develop entrepreneurship skills and capabilities while working on their own startup project. They will also build relationships and networks with the greater entrepreneurship and investing community.
UTS aims to become the leading Australian university in the creation of startups and support for student entrepreneurship. The university recently launched UTS Startups, a university-wide initiative that offers assistance to startups through free co-working space, workshops and other activities.
“The new honours program will leverage the significant support already available to startup founders at UTS and provide them with the skills to further develop, fund and scale their projects,” says Associate Professor Schweitzer.
Find out more about the Bachelor of Entrepreneurship (Honours).