Master of Social Entrepreneurship
Macquarie Graduate School of Management and Macquarie University are proud to be co-delivering Australia's first Master of Social Entrepreneurship.
Alongside other elite learning institutions around the globe, Macquarie University and MGSM offers its first cross-faculty degree, enabling students to gain knowledge and tools in areas that can help them make a difference to society.
Master of Social Entrepreneurship quick facts
|Two centres of learning|
State-of-the-art lecture theatres and modern, well-equipped, syndicate rooms at:
|Costs of tuition|
See the MGSM Fees
What is Social Entrepreneurship
Entrepreneurs can transform the business world; social entrepreneurs can transform society.
Social entrepreneurs design innovative solutions to social problems by applying business and management principles for financial sustainability, or even profit. As change agents social entrepreneurs find innovative ways to improve people's lives. As visionaries social entrepreneurs tackle complex missions from hunger relief and healthcare to biofuels.
Benefits and outcomes
The program is designed to develop leaders who are able to use business strategies, knowledge, tools and entrepreneurial spirit to address complex societal and environmental needs.
At the end of the program graduates will have developed the skills to:
- Successfully develop and manage enterprises that have social impact
- Conceive, innovate and implement projects to solve social and environmental issues
- Develop a strategic plan to advance the vision and the mission of a social enterprise
- Provide meaningful services to, and address, complex needs of communities around the globe
- Understand and influence social policy
- Manage resources to succeed in their social enterprise, such as paid and unpaid employees, markets and finances
- Improve the effectiveness and efficiency of their organisation
- Evaluate performance of people, organisations and enterprises.
Who is it for
The program has been designed for individuals who are passionate about social justice, creating social impact and assuring environmental sustainability. Whether you’re a social entrepreneur, leading a not-for-profit organisation, managing corporate social responsibility (CSR) or sustainability within a business entity or governmental department, this degree will allow you to gain managerial tools and knowledge.
The Master of Social Entrepreneurship is designed for the following people:
- Social entrepreneurs and people with work experience in a social enterprise
- People working within (or seeking to work within) the not-for-profit sector
- Individuals working on social issues within governmental agencies and departments
- Professional working within the area of corporate social responsibility within a corporate entity.
Note: Students are required to possess an Australian Bachelor Degree (or recognised equivalent) and a minimum of two-years of relevant managerial or professional experience, and be able to demonstrate English proficiency in accordance with MGSM’s intake criteria.
The program can be completed on a full-time basis in 2 years, and it is anticipated that part-time students will typically complete the program in 2 - 4 years, depending on study load.
The Master of Social Entrepreneurship comprises 16 individual units of study. MGSM units constitute a maximum of 7 units out of the total 16 units.
Eight units are compulsory, core units that must be completed (six via MGSM and two via Macquarie University).
- Activism and Policy Design
- Information and Decision Analysis
- Marketing Management
- Social Entrepreneurship
- Strategic Corporate Social Responsibility
- Strategic Frameworks
- Strategic Management
The remaining eight units are to be chosen (no more than one MGSM unit), by the student, from an extensive list of over 20 elective options, some of the most prominent are listed below:
- Indigenous Interests and Identities
- Culture, Commodities and Consumption
- Anthropological Approaches to Economic Life
- Social Impact Assessment and Cross Cultural Negotiation
- Globalisation and Sustainable Development
- Environmental Law
- Leadership and Motivation
- Research Project
The use of elective units allows each student to tailor the program, developing knowledge in a chosen field, such as; the environment, social impact, education etc.
- Prospective students should have an undergraduate degree and a minimum of two years’ relevant work experience at a managerial or professional level for direct entry into the Master of Social Entrepreneurship
- You must also have obtained a GPA of 5.00 (out of 7.00)
- If you do not have an undergraduate degree but can demonstrate a minimum of five years' relevant work experience at a managerial or professional level, you may also be eligible for entry.
Individuals wishing to apply for the Master of Social Entrepreneurship must submit:
- Complete application form
- Proof of residence (certified copy of visa, passport or birth certificate)
- Certified copy of academic transcripts
- Statement of personal aims and achievements
- 2 Referee Reports
Important: Documents not in English must be accompanied by certified translations.
Note that the admission into the program will be subject to the discretion and approval of the MGSM Academic Committee.
English language requirements
Applicants who are relying on qualifications gained in countries where English is not the first spoken language may be required to demonstrate proficiency in English.
English language tests recognised by MGSM are International English Language Testing Service (IELTS) or Test of English as a Foreign Language (TOEFL).
Applicants should arrange their own test and gain at least the following scores:
|IELTS||2018: 6.5 overall (minimum 6.0 in each band)|
TOEFL - internet
* MGSM reserves the right, in addition to the above, to administer further testing.
MGSM has a four term academic year and students can elect to start their program at the beginning of any term. Terms consist of ten weeks of class, one week for exams and one week vacation.
Upcoming MGSM term dates
|Term/Year||Study Ready Workshop||Class Dates||Application Deadline International||Application Deadline Domestic|
|Term 3 2018||23 or 24 June 2018||25 June - 09 September 2018||11 May 2018||25 May 2018|
|Term 4 2018||15 September 2018||17 September – 26 November 2018||03 August 2018||17 August 2018|
|Term 1 2019||05 or 06 January 2019||07 January - 24 March 2019||08 November 2018||23 November 2018|
|Term 2 2019||30 or 31 March 2019||01 April - 16 June 2019||08 February 2019||01 March 2019|
Term dates do not include exam week.
Fees and costs
As part of MGSM’s contribution to the social sector, the Master of Social Entrepreneurship has been subsidised by MGSM, and the cost per unit reduced (when compared to MGSM’s cost per unit within other programs, such as the MBA).
|Item||Domestic Cost 2018||International Cost 2018|
|Per unit AUD||$3,725 AUD||$4,125 AUD|
(based on full-time study)
|$29,800 AUD||$33,000 AUD|
|$59,600 AUD||$66,000 AUD|
‡ MGSM reviews its fees annually and from time to time this will result in increases in the fee per unit. It is suggested that students allow approximately AUD $120.00 per course unit for textbooks.
Students who withdraw from the course unit after the census date will not be entitled to a refund of fees except in the case of exceptional circumstances.
Australian students will be charged on a term-by-term basis for the number of units enrolled in that term.
Temporary residents and international students must pay 25 per cent of the annual full-time fee in advance. The documentation you will need to apply for a student visa (the Confirmation of Enrolment) will be issued after we receive this payment.
FEE-HELP is available to support eligible students in paying tuition fees.
For information on any taxation benefits you may accrue from undertaking a full-fee paying program, consult your financial adviser.