Learning Segment Project: Masters of Property summary of programs in other universities

Transcription

1 RMIT UNIVERSITY Learning Segment Project: Masters of Property summary of programs in other universities Summary: Australian Universities

2 University RMIT Bond University (Gold Coast) University of South Australia The University of Melbourne University of Technology Sydney (UTS) The University of Newcastle School PCPM Institute of Sustainable & Architecture School of Commerce Melbourne School of Design Discipline Property and Valuation Property and Sustainability Division of Business Faculty of Architecture, Building and Planning Built Environment Design, Architecture and Building School of Architecture and Built Environment Property Programs Master of Business (Property) GC & GD in Property Master of Property Valuation PD & GC in Property Valuation Master of Philosophy (Sustainable ) Master of Urban and Sustainability PD & GC in Asset and Facilities GC in Asset and Facilities PD & GC in Urban and Sustainability Master of Business (Property) GC & GD in Property PROP2Y Master of Property PROP3Y Master of Property GD in Property Valuation Master of Urban Planning Master of Urban Design GD in Planning and Design Master of Property GD in Property GC in Property and Planning Master of Planning GD in Planning GC in Property and Planning Master of Property GC of Property Master of Urban Planning PD in Urban Planning Pathway GC; GD GC; GD GC; GD GD GC; GD GC Duration: Credit points/ units: Number of Subjects: 3 years Part Time Year 1 GC Year 2 GD Year 3 Masters 108 cp Year 1 36 Year 2 48 Year 3 12 Either 7 core + 5 electives (12 subjects) or 7 core + 3 electives and Major Research Project (11 subjects) 1 Year FT 2 Years - PT 165 cp - Master of Property Valuation Professional 120 cp - Master of Property Valuation Master of Property Valuation Professional - 13 Subjects (12 core subjects plus 20 weeks work integrated learning) Master of Property Valuation - 12 Subjects (all core) 1.5 Years FT 2 Years FT 4 Years - PT 54 units PROP2Y Master of Property cp PROP3Y Master of Property cp 12 courses PROP2Y Master of Property - 16 subjects (8 core + 8 electives) PROP3Y Master of Property 24 subjects (16 core + 8 electives) 1.5Years FT 3 Years - PT 1 Year FT 2 Years - PT 72 cp 80 units 12 subjects - 8 core + 4 electives 8 core courses Semesters Offered 1 & 2 1 & 2 1 & 2 1 & 2 1 & 2 Tri-semester Accreditation API; RICS API; RICS API; Real Estate Institute SA API; RICS PIA API 1

3 WBL (Property) No No No No No Other programs (Degree) University RMIT Bond University (Gold Coast) University of South The University of University of Technology The University of Australia Melbourne Sydney (UTS) Newcastle Course List Core Valuation Techniques and Property Analysis Investment Evaluation Techniques Decisions Real Estate Law Industry Studies Research Methods and Philosophy of Knowledge Property Feasibility Electives Building Systems Other PGRD Elective Major Research Project Core - Master of Property Valuation Business Law Accounting Principles Economics of Sustainable Principles of Property Valuation Property Investment Valuation Understanding Buildings Planning Process Sustainable Property Principles of Property Law Specialist Valuation Statutory Valuation Urban or Property Resource Analysis Choice of 12 from the following: Accounting for Rural Real Estate Issues Real Estate Business and Marketing Fundamentals of Property Law Analytical Techniques for Accountants Commercial Law Statutory Valuation Land Use, Planning and Sustainability Property Property Investment Property Valuation Property Practice Building Property Research Property Agency and Valuation, Marketing and of Specialised Real Estate Property Project Managerial Economics Core Subjects - PROP2Y Master of Property Advanced Property Analysis Facility (Masters) Property Statutory Valuation (PG) Property Law (PG) The Economies of Cities and Regions Analytical Methods Property Agency and Marketing (PG) Property electives (75 points) 12.5 points each except where stated Environmental Systems Asset Construction Studies Project Framework Resource Friendly Building Operations Corporate Real Estate Property Investment Property Securitisation International Property A (25 points) International Property B Research Project A Research Project B (25 points) Housing, Markets, Policy and Planning Facade Design and Core Subjects Master of Property 8 (6 points each) Introduction to Property and Planning Sustainable Urban Planning and Environmental Law Group Project A: Urban Renewal Valuation Application Property Transactions Property Finance Advanced Property Property electives (24points) 6 points each (choice of 4 from 20) Strategic Asset Urban Economics and Finance Conservation and Heritage Property Market Analysis Property Taxation Commercial Retail Property Workplace Ecology Engineering Services and Systems Project Procurement and Risk Sustainable Property Economics and Finance Property and Facilities Property Law and Planning Legislation Property Investment and Evaluation Advanced Property Valuation Statutory Valuations Property Market Analysis 2

4 Capability/ Graduate Attribute Work-ready Global in outlook & competence Environmentally aware & responsive Culturally & socially aware Active & lifelong learners Innovative Knowledge Critical Thinking Leadership Initiative Teamwork Communication Skills Responsibility Analytical and methodical skills High level communication skills University RMIT Bond University (Gold Coast) University of South Australia Performance Planning Law & Statutory Planning Multidisciplinary electives (25 points) Observation: Communication Motor: Intellectual- Conceptual, Integrative and Quantitative Abilities: Behavioural and Social Attributes: The University of Melbourne Facility Obsolescence Team Leadership Principles and Communications Urban Design Group Project B: Greenfields Negotiation Planning Theory and Decision Making Project Principles Green Building Evaluation Construction Cost Planning Project Time, Cost and Quality Construction Contracts and Finance None Stated University of Technology Sydney (UTS) Graduates will be equipped with a broad knowledge and understanding of property as an asset class within national and international markets and with the skills necessary to research, analyse and advise on decisions relating to the acquisition, administration, management, disposal, development and financing of property assets. The University of Newcastle 3

5 RMIT UNIVERSITY Learning Segment Project: Masters of Property summary of programs in other universities Summary: USA Universities 4

6 University RMIT New York University (NYU) Texas A & M University (TAMU) Georgia State University (GSU) Massachusetts Institute of Technology (MIT) University of San Diego (USD) School PCPM School of Continuing and Professional Studies Mays Business School Robinson College of Business School of Architecture + Planning School of Business Administration Discipline Property and Valuation NYU Schack Institute of Real Estate Real Estate Centre for Real Estate Burnham-Moores Center for Real Estate Programs Master of Business (Property) GC & GD in Property Master of Science in Real Estate GC in Real Estate M.S. in Real Estate GC in Real Estate Master of Science in Construction GC in Construction Master of Real Estate Program (MRE Program) Certificate in Business Master of Science (MS) in Real Estate GC in Real Estate Master of Business Administration (MBA) Major in Real Estate Master of Business Administration (MBA) Concentration in Real Estate Master of Science in Real Estate Master of Science in Real Estate Master of Business Administration (MBA)/Hotel Real Estate Pathway GC; GD GC None specified GC None specified Duration: Credit points/ units: Number of Subjects: 3 years Part Time Year 1 GC Year 2 GD Year 3 Masters 108 cp Year 1 36 Year 2 48 Year 3 12 Either 7 core + 5 electives (12 subjects) or 2 Years FT 2-5 Years - PT 1.5 Years FT 1.5 Years FT 11 months - FT 10 months FT 22 months PT 42 cp 39 cp Not stated Not stated 32 units 14 Subjects - 9 Core Subjects Plus Concentration (choice of one area from two streams each contains 3 subjects) 13 Subjects - 11 core + 2 electives 12 courses - 9 Core + 3 Electives 9 courses - 6 Core + 2 electives + thesis 13 subjects all core 5

7 7 core + 3 electives and Plus 2 Elective subjects Major Research Project (11 subjects) Semesters 1 & 2 Tri-Semester Not stated Not stated Tri-Semester Tri-Semester Offered Accreditation API; RICS Not Stated Appraisal Institute (MIA); RICS Not stated MAI Appraisal Qualifications Board (AQB) WBL (Property) No No No No No No University RMIT New York University (NYU) Texas A & M University (TAMU) Course List Core Valuation Techniques and Property Analysis Investment Evaluation Techniques Decisions Real Estate Law Industry Studies Research Methods and Philosophy of Knowledge Property Feasibility Electives Building Systems Other PGRD Elective Major Research Project Core: Tier I (12 Credits) Core 11 subjects Principles of Real Estate Accounting and Taxation Land Economics Real Estate Finance Real Property Analysis Real Estate Economics and Real Property Finance Market Analysis Real Property Valuation I Legal Principles and Practices Real Property Valuation II Financing Real Estate Core: Tier II (12 Credits) Investments Real Estate Valuation and Feasibility Analysis Commercial Real Estate Law The Process Real Estate Corporate Finance Analysis Negotiation and Dispute Professional Internship Resolution Directed Studies Core: Tier III (3 Credits) Real Property GIS Real Estate Capital Markets Applications 3 Concentrations (Choose One Area of Concentration) Concentration 1: Finance and Investment Real Estate Finance and Investment Analysis Risk and Portfolio (Capstone Required) Applied Project in Finance and Investment Or Concentration 2: Strategic Real Estate Strategic Real Estate Commercial Lease Analysis Electives choice of 2 from 10 Construction Practices Financial I Financial II Investment Analysis of Money and Capital Markets and the Environment, Market Analysis for Design and Economy Negotiations Law and Legislation Related Georgia State University (GSU) Core courses Real Estate Concepts and Practices* (3) Real Estate Investment Analysis (3) Real Estate Financing (3) Legal and Regulatory Environment of Real Estate (3) Real Estate (3) Applied Real Estate Market Analysis (3) Quantitative Analysis for Real Estate (3) Real Property Project Planning and (3) Real Estate Case Analysis (3) * may be exempted with replacement with the approval of the program coordinator. Electives (choose 3 from the following list) Strategic of Real Property in a Corporate Environment (3) Advanced Real Estate Market Analysis (3) Advanced Real Estate Massachusetts Institute of Technology (MIT) MSRED Core Courses for Real Estate Finance and Investment Real Estate Economics Special Seminar: Real Estate Products Special Seminar: Real Estate Building Systems Real Estate Studio: Complex Urban Projects Real Estate Capital Markets (H1) Required Elective Course - One from the following courses: Real Estate Ventures I: Negotiating - Phase Agreements University of San Diego (USD) The Real Estate Process (2) Real Estate Law and Public Policy (3) Commercial Real Estate Finance and Investment (3) Strategic of Real Estate Assets (2) Real Estate Market Analysis (3) Design and Construction (3) Negotiations and Ethical Issues in Real Estate (3) The Urban and Suburban Process (3) Commercial Real Estate Valuation (3) Commercial Real Estate Capital Markets (2) Sustainable Real Estate (2) Real Estate Seminar (1) Real Estate Capstone (2) 6

8 (Capstone Required) Applied Project in Strategic Real Estate Electives Analyzing REIT Securities Federal Taxation for Real Estate Investment Managing Building Systems and Operations Acquisition Procedures and Analysis Using ARGUS Software (tm) Advanced Seminar in Real Estate Finance Analytical Techniques in Real Estate Investment Analysis Derivatives and Real Estate Investing Real Estate Investing in a Distressed Environment Global Real Estate Markets and Investments Urban Economic Seminar in Post-Catastrophe Reconstruction Seminar in Community Advanced Real Estate and Investment Practices Entrepreneurship and Innovation in Real Estate and Deconstructing the Appraisal Corporate Real Estate to Planning Investment Analysis (3) Advanced Valuation- Theory, Practice, Methods (3) Seminar in Advanced Appraisal Practice (3) International Real Estate (3) Urban Property and Growth (3) Introduction to Urban Design and Mixed-Income Housing Community Growth and Land Use Policy Finance Theory I Entrepreneurship in Construction and Real Estate Leadership in Real Estate Required Elective Course - One from the following courses: Real Estate Ventures II: Negotiating Leases, Financings, & Restructurings Innovative Project Delivery in the Public & Private Sectors Tools for Analysis: Design for Real Estate & Infrastructure Thesis 7

9 Capability/ Graduate Attribute Work-ready Global in outlook & competence Environmentally aware & responsive Culturally & socially aware Active & lifelong learners Innovative Not stated Not stated The primary objectives of the program are for students to develop and integrate: 1) analytical skills for decision-making that incorporates global, ethical and culturally diverse dimensions, 2) skills in assessing organizational performance and developing approaches for improvement, 3) leadership skills and 4) interpersonal skills that contribute to teamwork. Not stated Decision-making skills Negotiating skills Understanding of the ethical conduct issues Business writing, critical thinking problem-solving skills; Oral communication and interpersonal skills; Technology-related skills 8

10 RMIT UNIVERSITY Learning Segment Project: Masters of Property summary of programs in other universities Summary: UK Universities 9

11 University RMIT Northumbria University Oxford Brooks University of Reading University of Salford University of Western England School PCPM Built and Natural Environment Faculty of Technology, Design and Environment School of Real Estate and Planning School of the Built Environment Faculty of Environment and Technology Discipline Property and Valuation Department of Property and Surveying Department of Real Estate and Construction Henley Business School College of Science & Technology Department of Construction and Property Programs Master of Business (Property) GC & GD in Property MSc Real Estate MSc International Real Estate MA Housing Policy and Real Estate MSc Real Estate PGDip Real Estate PGCert International Real Estate MSc International Real Estate PGDip International Real Estate PGCert MSc Real Estate MSc Real Estate Finance MSc Corporate Real Estate - Part time MSc Corporate Real Estate and Facilities PgDip Corporate Real Estate and Facilities PgCert Corporate Real Estate and Facilities Real Estate MA MSc Real Estate and Property PgDip Real Estate and Property MSc Real Estate PgDip Real Estate Pathway GC; GD None specified GC; GD None specified GC; GD None specified Duration: 3 years Part Time Year 1 GC Year 2 GD Year 3 Masters 1 Year FT 2-3 Years - PT 1 Year FT 1 Year FT 2 Years and 4 months part-time 1 Year FT 2 years and 4 months PT Credit points/ units: Number of Subjects: 108 cp Year 1 36 Year 2 48 Year 3 12 Either 7 core + 5 electives (12 subjects) Not stated 180 credits Not stated 180 credits 180 credits 9 subjects (all core) 12 subjects - 11 core subjects Plus 13modules 5 core subjects Plus 4 core subjects Plus Thesis 9 subjects - 8 core 10

12 or 7 core + 3 electives and Major Research Project (11 subjects) structured Applied Project/Dissertation 8 electives modules + thesis Semesters 1 & 2 Not stated Tri-semester Tri-semester Tri-semester Tri-semester Offered Accreditation API; RICS RICS; Chartered Institute of RICS RICS RICS RICS Housing WBL (Property) No Yes through wider program NO NO NO Yes, upon negotiation with program directors. University RMIT Northumbria University Oxford Brooks University of Reading University of Salford University of Western England Course List Core Valuation Techniques and Property Analysis Investment Evaluation Techniques Decisions Real Estate Law Industry Studies Research Methods and Philosophy of Knowledge Property Feasibility Electives Building Systems Other PGRD Elective Major Research Project 9 Core Subjects - MSc Real Estate Commercial Property Valuation Property Markets, Investment and Finance Urban Regeneration and Commercial Property Asset Sustainable Real Estate Law for Commercial Property Applied Research Methods (Real Estate) MSc Dissertation (Real Estate) UK and International Urban Planning 11 core subjects + project and thesis - Real Estate MSc Autumn semester Valuation and Investment Real Estate Law I Finance and Business Economics I Integrative Professional Practice Construction and Sustainability Applied Research ( Spring semester Planning and the Process Strategic of Corporate Real Estate Finance and Business Economics II Real Estate Investment Strategy Real Estate Law II Summer semester (vacation period) The work required for this part of the course can be undertaken away from the university, with and internet support. Applied Project (50 credits) Real Estate Markets MSc Real Estate Compulsory modules Investment appraisal Introduction to corporate finance Real estate economics Field trip Real estate opportunities Optional modules Real estate appraisal & valuation Real estate management Real estate investment & securities Real estate development International real estate markets Housing economics Landlord & tenant law Introduction to law; Sustainability and real estate; Quantitative methods for real estate investment MSc Real Estate and Property Valuation and Investment Appraisal (30 credits) Characteristics and economics of the property market Analysis of property market data and methods of valuation Valuation of freehold and leasehold interests RICS Valuation Standards Investment in property and nonproperty assets Portfolio principles and risk management Appraisal and performance measurement Property Law and Practice (30 credits) Legal principles underpinning property and investment The nature of UK and international law Contractual relationships Professional Property Economics Real Estate Appraisal and Valuation Research for Policy and Practice Real Estate Law Managing Finance and Information Real Estate Planning and Property Investment Dissertation 11

13 obligations and liabilities Law of estate agency Lease covenants and clauses Buildings In Use (30 Credits) The design and construction process Appraising alternative solutions Foundation, structures and enclosures Strategic facilities management and measurement Commercial procurement Workplace design and organisational achievement Environmental impact Business continuity planning Future trends Planning and (30 credits) Land use planning Planning law and regulation plans and planning appeals Sustainable development, urban renaissance and regeneration Traditional development appraisal for land value and profit Cash flow and advanced DCF appraisal techniques Marketing of development schemes 12

14 Capability/ Graduate Attribute Work-ready Global in outlook & competence Environmentally aware & responsive Culturally & socially aware Active & lifelong learners Innovative Not stated The philosophy of the degree is to provide you with a theoretical framework in the early modules of the programme and to build on this in the latter stages with practical, real life examples and case studies. The programme will provide you with all the necessary skills and knowledge to excel in the real estate profession. We produce graduates who will ultimately form the thought leaders and practice innovators of the future. Our programmes are designed to ensure that graduates are equipped to deal with the full spectrum of real estate activities from the direct to the indirect, the national to the international. Property development finance Dissertation (60 credits) This course bridges the gap between the real estate and facilities management professions. It aims to create high calibre graduates, who can think strategically with respect to property investment and also understand building performance issues at a technical level attributes which are highly sought after in the developing professional market worldwide. critically evaluate select and use analytical and problem-solving tools applied to managerial decision-making. University RMIT Northumbria University Oxford Brooks University of Reading University of Salford University of Western England 13

15 RMIT UNIVERSITY Learning Segment Project: Masters of Property summary of programs in other universities Summary: Asian Universities 14

16 University RMIT The University of Hong Kong National University of Singapore School PCPM Department of Architecture School of Design and Environment Discipline Property and Valuation Department of Real Estate and Construction Department of Real Estate Programs Master of Business (Property) GC & GD in Property Master of Science in Real Estate [MSc(RealEst)] Master of Science (Real Estate) Graduate Certificate in Real Estate Finance (GCREF) Pathway GC; GD None specified GC Duration: Credit points/ units: Number of Subjects: 3 years Part Time Year 1 GC Year 2 GD Year 3 Masters 108 cp Year 1 36 Year 2 48 Year 3 12 Either 7 core + 5 electives (12 subjects) or 7 core + 3 electives and Major Research Project 1 Year FT 2-3 Years - PT Not stated 12 modules including 5 core and 7 elective modules; or 10 modules including 5 core and 5 elective modules plus a dissertation; or 1 Year FT 1.5 Years - PT Not stated 9 modules including 6 core and 3 elective modules 15

17 (11 subjects) Either (1) or (2) above plus three specialist modules for majors that carry professional accreditation where required Semesters 1 & 2 Not stated 1 & 2 Offered Accreditation API; RICS RICS RICS Hong Kong Institute of Surveyors (HKIS). WBL (Property) No Offered in the Bachelors Program No University RMIT The University of Hong Kong National University of Singapore Course List Core Valuation Techniques and Property Analysis Investment Evaluation Techniques Decisions Real Estate Law Industry Studies Research Methods and Philosophy of Knowledge Property Feasibility Electives Building Systems Other PGRD Elective The prescribed modules are: - Economics for professionals - theory and construction projects - Law for the real estate and construction industry - Project workshop - Research methods The elective modules can be chosen from a wide range of options depending on the choice of the following majors: - MSc(Real Estate) - MSc(Real Estate) majoring in: Facility Planning and Real Estate Investment and Finance General practice surveying Essential modules (4 Modular Credits each) Real Estate (Semester 1) Legal & Institutional Framework (Semester 1) & Project Financing (Semester 2) International Real Estate (Semester 2) Commercial Real Estate Appraisal (Semester 1) Urban Policy & Real Estate Markets (Semester 1) Restricted Elective Modules (8 Modular Credits each) Dissertation (Semester 1 or 2) R International Field Study (Semester 2) Unrestricted Elective Module Major Research Project The suggested real estate module is: Real Estate in Corporate Portfolios (Semester 1) Capability/ Graduate Attribute Work-ready Global in outlook & competence Environmentally aware & responsive Culturally & socially aware Communicate effectively with other related professionals in the real estate and construction industries Apply relevant theory to practice as it applies to real estate development and investment to suit different organizational and regional contexts Integrate relevant knowledge in real estate development and investment with other disciplines in order to enhance 1. Providing exposure, at an advanced level, to the wide range of issues that reflect the principal areas of specialization in the real estate profession; 2. Stimulating an awareness of the issues involved in 16

18 Active & lifelong learners Innovative professional practice skills Apply critical thinking, analytical as well as research skills to investigate issues within the real estate industry in a local,regional and global context Implement effective development and investment strategies to real estate and construction projects international real estate; Developing analytical and methodological skills that are critical for management, decision-making and problem-solving roles. 17