Real Estate qualifications

Real Estate qualifications PROGRAMME LEVEL CURRICULUM National Certificate First year Valuation I Marketing I Practice I Finance I National Higher Diploma and Valuation (experiential training) only for learners who want to specialise in property valuation Finance II Principles of Law Any one of the following combinations: Valuation II & Law on Valuation & Law on Marketing Practice II & Law on Practice National Diploma Third year Finance III Any one of the following: Valuation III I Practice III plus any two of the following: Valuation II Practice II Principles of Information Systems Financial Accounting I Btech Fourth year Finance IV Research Advanced IV and any one of the following: Valuation IV Marketing IV Practice IV Mtech Fi h year Research Project and Thesis National Diploma: Real Estate Marketing/ Practice/ (Code: NDREE) National Senior Certificate or equivalent qualification. Please refer to the General Rules and Information, Part 1, for more information on admission, registration and examination requirements. 2 Notes Mathematics, Accountancy and Economics at matriculation level are recommended. We recommend that students enrol for QMG101P. Students need only Standard 7/Grade 9 Mathematics to enrol for this course. NB The information below applies only Valuation. In terms of the South African Council for the Valuers Profession Act 47 of 2000, a person who wishes to qualify for registration as either a professional associate valuer or professional valuer must: pass the examinations as prescribed or recognised by the SA Council for the Valuers Profession in the case of the valuer, have practical experience of work done in property valuation - that is, in the opinion of the Council, experience of adequate variety and of a satisfactory nature and standard and, in the case of an associated valuer, in the opinion of the Council sufficient for intended registration. Contact the SA Council for the Valuers Profession for further requirements and information. Candidates who enrol for this course for the first time and intend to apply to register as a professional associate valuer in future must register simultaneously with the SA Council for the Valuers Profession as a candidate valuer. Only valuation experience gained a er registering with the Council as a candidate valuer will be taken into account by the Council for registration as a professional associate valuer. The address is: The Registrar The SA Council for the Valuers Profession PO Box 114 MENLYN 0063 Tel.: (012) 348-8643/4/5 Fax: (012) 348-7528 Internet address: h p://www.sacpvp.org.za It is suggested that students register with the SA Institute of Valuers (SAIV) as student members. The particulars of the different branches are given below. The addresses of the branches of the SAIV are as follows: BRANCH POSTAL ADDRESS SOUTHERN PO Box 18041 WYNBERG 1804 NORTHERN PO Box 14331 HATFIELD 0028 KWAZULU- NATAL PO Box 362 DURBAN 4000 TELEPHONE FAX (021) 762-3313 (021) 797-2235 (012) 342-9056/7 (012) 342-7574 (031) 309-7431 (031) 309-1298 CENTRAL PO Box 300 (051) 448-9431 (051) 430-8815 BLOEMFONTEIN 9300 EASTERN CAPE PO Box 5718 WALMER 6065 The Internet address is: h p://www.saiv.org.za (041) 582-2560 (041) 484-1669 Different branches award prizes to student members of the SAIV who achieve the highest marks in Valuation I, II and III in the specific branches. 3 The South African Institute of Valuers National Bursary Fund The student must at least have successfully completed the First year and be entering the or Third year of study. The recipient must be studying towards a property valuation qualification. The student should not be in receipt of any study allowance, grant, donation or another bursary. 83

The student must be in need of financial assistance. The recipient must be registered as a candidate with the SA Council for the Valuers Profession. The student must be registered with a recognised educational institution. The following documents must be a ached to the application: Proof of registration with an educational institution Account for the fees Academic progress report/results of the previous year/s Registration as candidate valuer The completed application must be submi ed to the student s branch executive for their consideration and recommendation. The bursary will be paid directly to the educational institution once awarded for the credit of the student s account. 4 Employment opportunities in real estate valuers in the private sector Department of Public Works Department of Land Affairs Transnet The SA Post Office and Telkom Provincial administrations (roads & works) Local authorities Water and electricity utility institutions Mining houses investment organisations developers Estate agents Financial institutions First year National Certificate: Real Estate Programme outcomes The competent learner will be able to apply a practical and theoretical grounding in all the basic aspects of real estate. 1. PVA141X Valuation I 2. PMA151W Marketing I Marketing) 3. Practice I (Building Practice) PPR161S 4. Finance I to Time Value of Money) 5. Valuation (experiential learning) PEF171Y PVL301P Recommended prerequisite subject: Mathematics (Grade 12) Only learners who want to specialise in property valuation must register for this National Higher Certificate: Real Estate Programme outcomes The competent learner will be multiskilled in real estate, addressing the market-related needs of the real estate industry and specialising in property marketing or property practice or property valuation. The qualified person would be able to register with the Estate Affairs Board and will be exempted from the Board s examination. Marketing 6. PMA291V 7. Principles of PPL131U Law 8. PEF281Z Finance II Economics) 9. Law on LPM141P Marketing Practice 6. Practice II PPR241X 7. Principles of PPL131U Law 8. PEF281Z Finance II Economics) 9. Law on LPP151T Practice Valuation 6. Valuation II (Principles of 7. Principles of Law 8. Economics & Finance II Economics) 9. Law on Valuation PVA201U PPL131U PEF281Z LPV161A Prerequisite: Economics and Finance I 84

Third year National Diploma: Real Estate (NDREE) Programme outcomes: The qualifying learner will be multiskilled in real estate and able to provide property marketing or property practice or property valuation services to the community, under supervision of a professional or independently where required, thus contributing to the property marketing or property practice or property valuation needs of both rural and urban societies. The qualified person would register with the South African Council for the Valuers Profession. Marketing 10. PMA381Q I of Commercial and Industrial 11. PEF361V Finance III Finance) 12. Any TWO of the following: & PVA201U 13. Valuation II (Principles of Practice II PPR241X Principles of Information Systems: Financial Accounting I: Practice BIS111P BISPRAC FAC1M1X FAC1M2X 10. Practice III PPR391B Part 2) 11. PEF361V Finance III Finance) Prerequisite: Economics and Finance I be obtained 12. Any TWO of the following: & 13. Valuation II PVA201U Prerequisite: Economics and Finance I (Principles of PMA291V Principles of Information Systems: Financial Accounting I: BIS111P BISPRAC FAC1M1X FAC1M2X Valuation 10. PVA371W Valuation III Valuation for Expropriation and Special purposes) 11. PEF361V Economics & Finance III Finance) 12. Any TWO of the following: & Practice II PPR241X 13. PMA291V be obtained 85

Principles of Information Systems: Financial Accounting I: BIS111P BISPRAC FAC1M1X FAC1M2X be obtained The following subject must be taken for specialisation in Marketing/ Practice/ Valuation: 4. Any ONE of the following: Marketing IV Marketing Research): Theory Research Project Practice IV Development) PMA4M1Y PMA4M2Y PPR451H Valuation IV (Advanced Valuation and Development Appraisals): Theory PVA4M1Q PVA4M2Q Research Project Prerequisite: I and Research Both modules must be passed before a credit can be obtained for the Prerequisite: Practice III Prerequisite: Valuation III and Research Both modules must be passed before a credit can be obtained for the Baccalaureus Technologiae: Real Estate Marketing/ Practice/ (Code: BTRLS) National Diploma: Real Estate Marketing/ Practice/ or equivalent applicable qualification with Finance II and III. The qualifying learner will be able to independently provide and manage specialised property marketing or property practice or property valuation services to the community, thus contributing to the real estate needs of both rural and urban societies. 1. Economics and Finance IV Investment): Theory Research Project 2. Advanced IV: IV: Real Estate 3. Research PEF4M1Z PEF4M2Z AST411A AST451E RME101Q Prerequisite: Economics & Finance III and Research Both modules must be be obtained Concurrent registration for both modules AST411A and AST451E is essential and both modules must be passed before a credit can be obtained for the Magister Technologiae: Real Estate Marketing/ Practice/ (Code: MTRLS) NB This instructional programme comprises a research project only provided that you have already passed an instructional offering in research methodology. Baccalaureus Technologiae: Real Estate Marketing/ Practice/ or equivalent applicable qualification. The qualifying learner will be able to independently do and manage real estate research under supervision of a professional specialising in property marketing or property practice or property valuation, thus contributing to the real estate needs of both rural and urban societies. 3 Notes This programme comprises a thesis only. In their theses, students must prove that they understand a particular problem in the industry in which they have done research, are able to analyse and set it out logically, are able to arrive at logical conclusions or a diagnosis, and are then able to make proposals for the improvement/elimination of the problem. The thesis must comply with the normal general technical requirements and rules with regard to scope, quality and layout. 4 Contact persons For further information contact (011) 471-2287 or (011) 471-3102 before registration. 86

Provisional registration: Research proposal Official registration: Research project and dissertation Reregistration: Research project and dissertation RLS5P1M RLS501M RLS5H2M Preparation and finalisation of research proposal. This registration is valid for one year. To be registered for a er approval of research proposal. This registration is valid for one year. To be reregistered if research project has not been finalised during period of official registration. National Diploma: Safety (Code: NDSMN) National Senior Certificate or equivalent qualification (preferably students who are already employed in the industry or mine environment). Please refer to the General Rules and Information, Part 1, for more information on admission, registration and examination requirements. This course is aimed at candidates who are interested in or who are already practising the managing of risks, SHE (safety, health and environmental) aspects or financial administration of the safety budget in an organisation. 3 Career opportunities Loss control officers Practising safety/loss control experts Training officers in loss control posts in security/loss control Safety managers Risk control managers First year 1. Occupational OHS101S Health and Safety Law I 2. Safety Principles SPP101S and Practice I 3. Risk I RMN111Z 4. Language and Life Skills I: LSK1M1C LSK1M2C 5. End-user Computing I: EUC131T EUCPRAC (Exit level: National Higher Certificate) 6. Occupational Health and Safety Law II OHS201S 7. Safety Principles and Practice II: Theory 8. The Personnel Function 9. Business I: Third year 10. Occupational Health and Safety Law III 11. Safety III 12. Financial I 13. Quantitative Techniques I SPP201S SPPPRAC PEF131V BSM1M1P BSM1M2P OHS301S SMN301S FMV151Q QTC171R passed before a credit can be obtained for the This module is available for exemption purposes only. A compulsory course in training techniques (e.g. coaching for learners, or similar course) must also be completed before a credit can be obtained for this module. Prerequisite: Safety Principles & Practice II Baccalaureus Technologiae: Safety (Code: BTSMN) National Diploma: Safety or equivalent qualification with Safety III or Mining Loss Control III/Industrial Loss 87

Control III and Safety Law III/ Occupational Health and Safety Law III. This course is aimed at candidates who are interested in or already practising in the field of safety and risk or who will specialise in managing all the risks, safety/risk audits, incident costs as well as the environmental aspects in an industry or mine. 3 Career opportunities Managing loss control officers Managing practising security/loss control experts Managing training officers in loss control posts in security/loss control Managing safety personnel Managing the risk control function 1. Safety IV SMN401S Prerequisite: Safety III or Mining Loss Control III/Industrial Loss Control III and Safety Law III/ Occupational Health and Safety Law III; and Research. 2. Advanced IV: Safety 3. Research 4. Risk II AST411A AST431C RME101Q RSM271Z Concurrent registration for both modules AST411A and AST431C is essential and both modules must be passed separately before a credit can be obtained National Diploma: (Phasing out) (Code: NDSBMN) NB This diploma will be phased out from 2006. No first registrations will be allowed. Students may convert to the revised diploma and apply for credit transfers for similar subjects already passed. If this is your first experience of studying via distance education, it is strongly recommended that you register for a maximum of only two subjects in your first year of study. National Senior Certificate or equivalent qualification. Please refer to the General Rules and Information, Part 1, for more information on admission, registration and examination requirements. 2 Experiential learning Experiential learning has only recently been implemented at Unisa. Information regarding experiential learning will be conveyed to a student. The onus of securing a placement for experiential learning is on the student, although the University will assist you wherever possible. There is no wri en examination in this An oral examination is conducted by way of presenting a business plan for a proposed new enterprise before a panel of evaluators. This panel is composed of the examiner, the moderator, a representative from a financial institution and an expert in the field of the proposed enterprise. 3 Note The National Diploma consists of thirteen subjects. Seven of the subjects are compulsory: I, II and III Credit Control I Communication I Administrative I Practice (experiential learning) The optional major subject, which must be taken up to third-year level, must be chosen from the list of optional subjects. A further three optional subjects must be chosen from the list of optional subjects. Students could qualify to register for the Baccalaureus Technologiae: Business Administration a er completion of this diploma (refer to the curriculum of the Baccalaureus Technologiae: Business Administration for more information on the Admission requirements and curriculum). 4 Programme outcomes The qualifying person will be able to do the following: Individually develop and manage an SMME and/or a section of a department in an existing SMME and/or share expert knowledge Apply the principles of marketing Render services related to the marketing and leasing of commercial and industrial properties and the management of an estate agency Administer properties (practice property management) Manage production Ensure organisational effectiveness State the basic principles of industrial relations and industrial law Apply principles of cost and management accounting Perform administrative tasks in an administrative office Develop a holistic overview and understanding of the establishment and functioning of an enterprise 5 Additional information The current list of optional subjects offered by Unisa can be combined successfully with. Students who want to start their own business and have a specific field of interest must choose an appropriate major subject and optional subjects. For example, students interested in the building industry (construction company) or a marketing business, e.g. an advertising agency, can choose either Practice or Marketing as a second major Knowledge of small business management and the related fields of enterprise will be acquired simultaneously from the combination of major subjects. Subjects may also be chosen to supplement your existing skills and knowledge. 6 Career opportunities The National Diploma: incorporates entrepreneurship, which is central to the whole course. 88

On completion of this course, you can follow any of the following career paths: Start, manage and grow your own business enterprise Work in an existing business enterprise Be a business consultant Be a business training consultant Be a small business development officer in the public and/or private sector Manage and initiate growth in an existing business enterprise 7 Contact person For further enquiries contact th administrative officers at (011) 471-2620 or (011) 471-3674. First year (Exit level: National Certificate) 1. I: before a credit for the subject can be obtained. SBM111A Entrepreneurship and How to Establish your Own Business Module D: SBM141D of a 2. Credit Control I CCT131Y 3. An optional level I major subject chosen from the list of optional subjects. This subject must be taken in the second and third years as an optional major 4. Communication I CBA111P 5. Any ONE choice subject from the list of optional subjects (Exit level: National Higher Certificate) 6. II: Any TWO of the following: Basic Principles of Financial for a Module C: Marketing for a Module E: How to Franchise Your Own Business Module K: Entrepreneurship and Entrepreneurial Skills SBM121B SBM131C SBM151E SBM111K before a credit for the subject can be obtained. Module H: SBM161H Human Resource for a 7. Administrative ADB121S I 8. Any level II major subject chosen from the list of optional subjects 9. Any ONE optional subject from the list of optional subjects Third year 10. SBM361V III 11. Practice SBP301S Refer to notes on experiential learning. (experiential training) 12. Any level III major subject chosen from the list of optional subjects 13. Any ONE additional subject from the list of optional subjects Optional subjects: 1. Marketing I MAR111Y 2. MAR221U 3. I MAR332S 4. PMA151W Marketing I Marketing) 5. PMA291V 6. PMA391Z I of Commercial and Industrial 7. Practice I PPR161S (Building Practice) 8. Practice II PPR241X 9. Practice III PPR391B Part 2) 10. Personal Selling I PSS161Z 11. Production PRD121X I 12. Organisational Effectiveness I: 13. Labour Relations and Law II 14. Costing and Estimating ORE1M1M ORE1M2M LRL241P CES181T before a credit for the subject can be obtained. 89