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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Master of Management in Entrepreneurship and New Venture Creation 
SAQA QUAL ID QUALIFICATION TITLE
97801  Master of Management in Entrepreneurship and New Venture Creation 
ORIGINATOR
University of Witwatersrand 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
CHE - Council on Higher Education  HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Master's Degree  Field 03 - Business, Commerce and Management Studies  Generic Management 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  180  Not Applicable  NQF Level 09  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Registered-data under construction  EXCO 0324/24  2024-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2031-06-30  

Registered-data under construction

The qualification content is currently being updated for the qualifications with the status “Registered-data under construction” or showing “DETAILS UNDER CONSTRUCTION” to ensure compliance with SAQA’S Policy and Criteria for the registration of qualifications and part-qualifications on the National Qualifications Framework (NQF) (As amended, 2022). These qualifications are re-registered until 30 June 2027 and can legitimately be offered by the institutions to which they are registered.

 

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

PURPOSE AND RATIONALE OF THE QUALIFICATION 
Purpose:
The purpose of this qualification is to provide a learner with specialised management skills in entrepreneurship and new venture creation. A qualified learner will be able to:
  • Navigate the practical and theoretical entrepreneurial process and corporate entrepreneurship in a range of organisational context in order to identify an opportunity and conduct a feasibility study.
  • Critically appreciate current practices on entrepreneurship in different contexts as well as case evidence on the application of venturing principles and other closely related concepts.
  • Conduct research on entrepreneurship practises and issues and provide scientifically acceptable research outcomes that inform improved entrepreneurial and new venture creation processes.

    Rationale:
    The Master of Management in Entrepreneurship and New Venture Creation is designed to provide learners with specialised entrepreneurial and new venture creation skills. With the increasing globalisation and liberalisation of markets, creation of employment and meeting requirements for economic growth entrepreneurial activity is becoming more important than ever in emerging markets such as Brazil, China, South Africa, India etc. This qualification provides training, for learners that are focused on entrepreneurship education with research forming an integral part thereof. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Recognition of Prior Learning (RPL):
    Applicants who fall outside of the normal admissions process who can demonstrate to the satisfaction of the University that they have a suitably cognate qualification and/ or experiential- or work based learning which has taken the learner to an equivalent level of a qualification specified above (under Formally Accredited Learning), may be considered for admission and/or for the recognition of prior accredited and/or prior experiential learning. Applicants who, after such assessment, are deemed to have sufficient potential but are in need of further academic development, may be required to broaden their curriculum to include preliminary qualifications prior to admission or parallel programmes after admission.

    Entry Requirements:
    The minimum entry requirement for access to this qualification is:
  • A four-year cognate Bachelors' Degree at NQF Exit Level 8; or equivalent. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification comprises of 10 compulsory modules at NQF Level 9 totalling 180 Credits.

    Compulsory Modules:
  • Entrepreneurship Theory and Practice, 10 Credits.
  • Corporate Entrepreneurship, 10 Credits.
  • Social Entrepreneurship, 10 Credits.
  • Technology and High-growth Entrepreneurship, 10 Credits.
  • Enterprise Development, 10 Credits.
  • Global Entrepreneurship, 10 Credits.
  • Decision Science, 10 Credits.
  • Research Methodology, 10 Credits.
  • Research Theory and Design, 10 Credits.
  • Research Report, 90 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Navigate the practical and theoretical entrepreneurial process and corporate entrepreneurship in a range of organisational contexts in order to identify an opportunity and conduct a feasibility study.
    2. Critically appreciate current practices on entrepreneurship in different contexts as well as case evidence on the application of venturing principles and other closely related concepts.
    3. Conduct research on entrepreneurship practises and issues and provide scientifically acceptable research outcomes that inform improved entrepreneurial and new venture creation processes. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Exit Level Outcome 1:
  • The nature of the relationship between theory and research is assessed, in particular by developing a model or set of variables for specification as a linear regression model.
  • The role and functions of new and small firms in socio-economic development as well as different types of entrepreneurs is understood.
  • Innovative methodologies in enterprise consultancy services and policy initiatives are identified.
  • A plausible feasibility plan is prepared and presented for the creation of a business based on a new idea.
  • Competence in structuring of appropriate strategies for corporate venturing is demonstrated.
  • Entrepreneurship metrics are devised and analysed.

    Associated Assessment Criteria for Exit Level Outcome 2:
  • Main preoccupations of quantitative research, described in terms of measurement; causality; generalisation; and replication are appreciated.
  • Reliability, replication, and validity are presented as criteria for assessing the quality of research.
  • Information is synthesised, analysed, interpreted and critically evaluated from a variety of different sources (lecture material, government publications, web-sites, bibliographic searches, primary data collection).
  • Oral and written evaluations of the application of the principles of corporate entrepreneurship in case studies and company profiles are presented.

    Associated Assessment Criteria for Exit Level Outcome 3:
  • Research in the discipline of entrepreneurship is conceptualised, pursued, presented and appropriate recommendations are made.
  • Appropriate theoretical principles are used to analyse and evaluate processes.
  • Specialist knowledge in each stage of research, information and data collection and management, analysis and writing process is demonstrated.
  • Research findings are analysed and reported, valid conclusions are drawn and appropriate recommendations are made.

    Integrated Assessment:
    Integrated assessment will be achieved by a variety of strategies. These include written examinations, group and individual projects and assignments, experiential projects (such as business evaluations and interviews) and a full research report (50% of the curriculum). Some of the criteria may be assessed through observation of the learners during their classes.
    Integrated assessment will be both formative and summative.

    Formative Assessment:
    Formative assessment will take place during seminar presentations, discussions and project sessions. Self and peer assessment will contribute to formative assessment.

    Summative Assessment:
    Summative components of assessment include the research report in which learners define the research question, identify appropriate research methodologies, undertake a literature review, critique the literature, collect and analyse data, and finally compile a report.
    The written and examinations will require integration of information from the different areas of the course content. 
    		•

    INTERNATIONAL COMPARABILITY 
    Erasmus University:
    Erasmus University in Rotterdam, Netherlands offers the MSc in Entrepreneurship and New Business Venturing. This qualification combines theoretical and practical studies and provides the opportunity for learners to realize their entrepreneurial ideas, either creating a new business or to grow an existing business in an innovative way. The qualification also comprises a research component.

    Lund University:
    The Lund University in Sweden offers the Master of Science in Entrepreneurship and Innovation. This qualification offers learners an opportunity to learn how to create, develop and exploit business opportunities by starting up and managing new ventures. Learners are afforded an opportunity to be fully involved as an entrepreneur in the start-up process, from idea selection and team composition to venture formation, which enables them to gain real experience in starting up a new business. In addition, learners will be part of a mentorship programme where they are matched with an experienced mentor.

    Conclusion:
    This qualification compares favourably with the qualifications cited above offered by Erasmus and Lund Universities. All qualifications prepare learners with skills to start-up a new business and be fully involved in the development of an existing business. Learners are taken through theory and practice. Research forms an integral part of the qualification. 

    ARTICULATION OPTIONS 
    This qualification provides possibilities for both horizontal and vertical articulation.

    Horizontal Articulatoin:
  • Master of Technology Entrepreneurship, at NQF Level 9.
  • Master of Business Administration, at NQF Level 9.
  • Master of Business Leadership, at NQF Level 9.

    Vertical Articulation:
  • Doctor of Philosophy in Management of Technology and Innovation, at NQF Level 10.
  • Doctor of Business Administration in Business Management, at NQF Level 10. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    NOTES 
    N/A 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. University of Witwatersrand 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.