The unit will prepare students for starting and running a small IT business. It will enable students to research and develop a new IT business proposal. The students will role-play four forms of business ownership: sole proprietorship, partnership, corporation and trusts. The unit provides the opportunity for them to have a broad and coherent body of knowledge, including the types of IT-related businesses; business plan development; business functions: marketing, location, operations, staffing, accounting; government assistance;  e-business; home-based business; taxation; borrowing; franchising; social, environmental and ethical considerations.

Unit details

Study level:
Credit points:
Unit code:


NIT2171 - Introduction to ICT Management or

NIT2271 - ICT Change Management

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Distinguish the various forms of ownership of small businesses, including IT businesses;  
  2. Evaluate various IT business opportunities;  
  3. Compose a proposal for starting and running a business; and  
  4. Evaluate sources of finance for starting and running the business.  


Melbourne campuses

Students studying under the VU Block Model.

Assessment type Description Grade
Test Tests (2) (20% each) 40%
Assignment Part A: Business Proposal (30%) Part B: Implementation (30%) 60%

Other locations

Assessment type Description Grade
Test Test (1 hour) 10%
Report Team Project: Business Website Development 40%
Examination Final Examination (3 hours) 50%

Where to next?

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