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

Online Real Time
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. Critically review 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. Tabulate sources of finance for starting and running the business.  


Melbourne campuses

Students studying under the VU Block Model.

Assessment type Description Grade
Test In class Tests (2) (20% each) Test 1: (Session 3): Open Book Conceptual Questions Test 2: (Session 10): Scenario Based Problem Solving Questions 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?

As part of a course

This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

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