Top
City scape

Real Estate

This course provides an intensive postgraduate opportunity for ambitious and motivated graduates wishing to become real estate professionals at local, national or international level. The subject matter is presented with an international perspective to reflect the increasingly strong role of real estate in today's global business economy. The unique qualities of this programme include a core focus on property development, valuation, investment and management, enabling you to appreciate the dynamics of real estate and the capital markets. This includes the key areas of real estate asset pricing, portfolio management, risk and market analysis, relevant to the commercial real estate industry, banks and institutional investors. The MSc has a dual purpose, acting as a fast-track conversion course for those aspiring to become real estate professionals and also to meet the needs of those wishing to up-skill and advance their knowledge in the real estate discipline.

On graduation, you will be able to demonstrate various qualities including knowledge and understanding of the various best practice and accepted procedures of the property industry, and the skill to practise the appropriate methods and practical techniques commonly used by a property surveyor. The career destination of graduates includes traditional residential/commercial agency, property development, property asset management and valuation roles, as well as applying real estate skills in the banking, accountancy and investment sectors.

Accredited by the Royal Institution of Chartered Surveyors who accredit the course and oversee the quality of teaching and content. Graduates have three pathways (Commercial Property Practice, Residential and Valuation) towards their professional membership after successful completion of their APC.

Entry requirements

Entry Requirements

(a) Applicants must have gained an Honours or non-Honours degree from a University of the United Kingdom or the Republic of Ireland, or from a recognised national awarding body, or from an institution of another country which is recognised as being of an equivalent standard; or

(b) an equivalent standard in a Postgraduate Certificate, Graduate Diploma, Graduate Certificate or an approved professional or other qualification; and

(c) provide evidence of competence in written and spoken English (GCSE grade C or 4 or equivalent);

As an alternative to (a) or (b) and/or (c) in exceptional circumstances, where an individual has substantial and significant experiential learning, a portfolio of written evidence demonstrating the meeting of graduate qualities (including subject-specific outcomes, as determined by the Course Committee) may be considered as an alternative entrance route.

Evidence used to demonstrate graduate qualities may not be used for exemption against modules within the programme.

This is a linked Postgraduate Certificate/Postgraduate Diploma/Master's programme. Students will register on the Postgraduate Certificate. Successful students will be permitted automatic progression through each stage of the programme to Master's level. Alternatively, students who have successfully completed the Postgraduate Certificate or Postgraduate Diploma stages may exit the programme with the appropriate award.

Prior certificated or evidence from the accreditation of prior experiential learning may be accepted as exempting candidates from part of the programme provided that they shall register as students of the University for modules amounting to at least the final third of the credit value of the award at the highest level in respect of a Master's award and at least 50% of the credit value of the award in respect of the Postgraduate Diploma or Postgraduate Certificate award.

English Language Requirements

English language requirements for international applicants
The minimum requirement for this course is Academic IELTS 6.0 with no band score less than 5.5. Trinity ISE: Pass at level III also meets this requirement for Tier 4 visa purposes.

Ulster recognises a number of other English language tests and comparable IELTS equivalent scores.

Exemptions and transferability

With regard to transferring to and from the course and claiming exemption for completed modules, the University has developed a formal procedure, which allows recognition through the award of credit for previous modules that have been successfully completed. Therefore, modules passed in respect of other qualifications awarded by the University or by another university or other educational institution, or evidence from the accreditation of prior experiential learning, may be accepted as exempting candidates from part of the programme provided that they shall register as students of the University for modules amounting to at least the final 50% of the credit value of the award at the highest level.

Duration

Attendance

Full-time
This is a full-time, one year (12 month) programme, delivered across three semesters. For students commencing in January, the programme is delivered in three semesters across two academic years.

In the full time mode, students take four 15-credit modules per semester and each module equates to a student effort of 150 hours, made up of direct contact hours (i.e. that delivered in the classroom) and the remainder as independent study time which would involve reading books, journals and researching for coursework etc. The optional Dissertation module carries 60 credit points, equivalent to 600 total hours of student learning on research and project design, methodology and data analysis, practical skills and report preparation. The optional Real Estate Work Based Project Module (60 credits) is designed as an alternative to the Dissertation module to provide a 3 month work internship for students with no prior real estate industry experience, who then produce a work diary and report related to their work experience.

On average the contact time per week for each module will be 5 hours (with a mix of lectures and tutorials) i.e. 5 hours x 4 modules = 20 contact hours. This varies in some modules but will never be more than 5 hours per week per module. Usually these contact hours are spread across a minimum of 2-3 days in the full time mode across 12 weeks per semester.

The part time provision offers two points of entry in each academic year: September and January. For both intakes, the degree will normally be completed across three academic years.

Part-time
In the part-time mode, students take two 15-credit modules per semester per year and each module equates to a student effort of 150 hours, made up of direct contact hours (i.e. delivered in the classroom) and the remainder as independent study time which would involve reading books, journals and researching for coursework etc. Students also undertake a 60-credit Dissertation in year 3, which has limited direct teaching but has a staff supervisory process to support you or a Real Estate Work Based Project.

On average the contact time per week for each module will be 5 hours (with a mix of lectures and tutorials) i.e. 5 hours x 2 modules = 10 contact hours. This varies in some modules but will never be more than 5 hours per week per module. Usually these contact hours are spread across a minimum of 1-2 days in the part-time mode across 12 weeks per semester.

Careers or further progression

Career options

The programme is designed to provide a wide range of career opportunities for student choice. Employers include major real estate surveying firms, property investment and development companies, financial institutions, specialist research department/companies, governments and other public sector organisations around the world.

Real Estate professionals provide business advice on the purchase, sale, leasing and acquisition of commercial real estate including management of real estate portfolios to maximise the value of real estate as an asset class. Real estate players are able to creatively apply technical, legal and economic knowledge to deliver on a stakeholder's property objectives and meet current business needs and future strategy.

This course is designed to prepare graduates for future employment in a number of the RICS APC Pathways, which include:

Commercial Property Practice
Residential Property Practice
Valuation.

Further enquiries

Contact
Admissions
T: +44 (0)28 9036 6309
E: admissionsjn@ulster.as.uk

Dr Jasmine Lay-Cheng Lim
T: +44 (0)28 9036 8562
E: lc.lim@ulster.ac.uk

Subjects taught

FOR THE SEPTEMBER FULL TIME INTAKE, THE SEQUENCE OF MODULES ARE AS FOLLOWS:

Semester one of the FT study

4 Compulsory Modules:
Real Estate Economics
Real Estate Valuation
Sustainable Real Estate

Ral Estate Asset Management

Semester two of the FT study

4 Compulsory Modules:
Development Appraisal and Regeneration
Risk Management Practices
Real Estate Investment Analysis
International Real Estate Markets

Semester three of the FT study

1 Optional Module:
Real Estate Work Based Project; or

Dissertation

FOR THE JANUARY FULL TIME INTAKE*, THE SEQUENCE OF MODULES ARE AS FOLLOWS:

First Semester of Year 1 FT study

4 Compulsory Modules:
Development Appraisal and Regeneration
Risk Management Practices
Real Estate Investment Analysis
International Real Estate Markets

Second Semester of Year 2 FT study

4 Compulsory Modules:
Real Estate Economics
Real Estate Valuation
Sustainable Real Estate
Real Estate Asset Management

Third Semester of Year 2 FT study

1 Optional Module:
Real Estate Work Based Project; or

Dissertation

The January full time intake students will take the scheduled semester two modules (Development Appraisal and Regeneration; Risk Management Practices; Real Estate Investment Analysis; International Real Estate Markets) during their first semester of study and the remaining modules (Real Estate Economics; Real Estate Valuation; Sustainable Real Estate; Real Estate Asset Management) in their second semester of study. They will progress onto the Masters Module (Real Estate Work Based Project; or Dissertation) during their third semester of study in the Spring semester in their second year of the course.

* Subject to interview or relevent industry/academic experience

Application date

Application is through the University's online application system.

Enrolment and start dates

Year of entry: 2020/21

Postgraduate Information Session 20 February 2020
Register at: ulster.ac.uk/pg-information-events

Remember to mention gradireland when contacting institutions!