Real Estate and Property Management
MSc/PgDip

Study in my country
Part-time study available
Alternative start dates available
Distance Learning
International Students can apply

3 good reasons to study Real Estate and Property Management at Salford:

  • The full Masters degree is RICS accredited
  • Follow a programme developed for new and aspiring real estate professionals
  • Learn skills directly related to the practice of the real estate profession

Key Information

Start Dates: September; January
Duration:

September intake

MSc (one year full-time or two years and four months distance learning / part-time)
PgDip (eight months full-time or one year and eight months distance learning / part-time)

January intake

MSc (one year and four months full-time or two years and eight months distance learning / part-time)
PgDip (one year full-time or two years distance learning / part-time)

Course Summary

Are you new to property or looking to pursue a career in the field? If so, then this course was developed with you in mind.

The programme of study will equip you with an excellent working knowledge of the commercial property market, including its relevance to national and international financial and investment markets.

You’ll also become professionally competent in applying current investment and appraisal techniques, and learn how to make sound property management decisions that take into account legal, economic, facilities management and planning variables.

Watch our video

Sheye talks about studying MSc Real Estate and Property Management at Salford.

Related Courses

Course Details

By undertaking this course you will learn about:

  • The workings of the commercial property market and its relevance to national and international financial and investment markets
  • Advanced current investment and appraisal techniques
  • Legal, economic, planning, technical and facilities management factors in property management decision making
  • IT in the property industry
  • Environmental considerations of real estate development and management

Course Structure

This course can be studied full-time on campus or part-time by distance learning. Admission onto the course is in September or January.

The Masters award consists of four taught modules followed by a Dissertation. The PgDip requires the completion of the four taught modules. All modules are delivered over a 15 week period and are assessed through coursework, there are no exams.

For the full-time study option:

You will study two thirty credit taught modules in each of your first two semesters on campus, these are designed to give you the core knowledge required for real estate and property management. In the final semester you will undertake a Dissertation worth 60 credits.

For the distance learning study option:

A thirty credit taught module is studied per semester. Assessment of these modules is driven by real-world problems aligned to your workplace and job role. Teaching is based around a virtual learning environment supported by interactive online sessions. In the final two semesters you undertake a Dissertation worth 60 credits which is also delivered online and incorporates extensive tutor engagement and support.

  • 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 non-property assets
  • Portfolio principles and risk management
  • Appraisal and performance measurement
  • Legal principles underpinning property and investment
  • The nature of UK and international law
  • Contractual relationships
  • Professional obligations and liabilities
  • Law of estate agency
  • Lease covenants and clauses
  • 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
  • Land use planning
  • Planning law and regulation
  • Development 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
  • Property development finance
This module allows you to develop a research proposal with clear aims and objectives related to the programme of study. With support and training in research methods, you will undertake critical analysis of existing research and engage in various forms of recognised research in order to produce a sustained, sophisticated, and logical argument in the form of a written dissertation.

Entry Requirements

Applicants to this course must have a minimum of a second class undergraduate honours degree, or a recognised appropriate professional qualification such as MRICS, MRTPI or MCIOB.

English Language Requirements

International students must provide evidence of proficiency in English - IELTS 6.0 with no band below 5.5 or an equivalent qualification are proof of this.

Suitable For

New entrants to the commercial property sector or anyone looking to forge a career in the field. A strong academic background is necessary, but prior study of real estate or property is not required.

This course is also suitable for established property professionals who want to formalise their real estate and property management skills with an accredited qualification.

Applicant profile

You will have determination and the will to take on new challenges. Interest, determination and good time management are not only critical to success on the course but are also key attributes of professional practice.

Although no prior knowledge of the subject area is called for it is important that you are prepared for the range and diversity of the material that needs to be covered and that you are able to take the initiative yourself once guidance has been given. We also recognise that some applicants will not meet our academic entry requirements but will have professional experience in practice and may still be considered suitable if that experience is extensive, relevant and at a sufficiently high level. Such matters would are considered on their own merits at the time of application.

Teaching

On-campus study comprises lectures, tutorials and project work.

Lectures introduce the core knowledge for each module. Tutorials provide a forum for discussion and debate with personalised instruction from tutors and project work is your chance to use research and other techniques to develop solutions to prescribed tasks. Throughout the course, experts from various fields are invited to deliver guest lectures and field trips are organised to give you an insight into the workings of the industry.

If you’re studying by distance learning, you’ll enjoy access to an internet-based learning environment backed up by intensive tutor support. Weekly online tutorials are led by tutors and encourage student interaction. Our online repository of learning material enables you to undertake self-directed study at your own convenience. Learning is driven by real-world problems with application to your workplace and job role.

Assessment

You will be assessed through written coursework (100%) and continuous informal assessment by your tutors.

87% of students say things are well explained by staff.

PGSES 2010 

Employability

With this qualification, you’ll be well placed to find rewarding work in the corporate property industry. You can apply the skills you’ll learn to act for clients on the purchase, letting, management and sale of all types of urban property, including shops, offices and industrial premises.

Career Prospects

This course provides you with the knowledge and skills to develop a successful career in the corporate property industry. Our graduates are highly regarded by employers, enjoy excellent career prospects and have gone on to work within corporate, financial, government and private sectors to create property, investment and business solutions.The MSc in Real Estate and Property Management primarily equips you with knowledge and expertise in the valuation and management of urban land and buildings in both public and private ownership. Professional activities will include acting for clients in connection with the purchase, letting, management and sale of all types of urban property such as shops, offices, industrial premises, distribution warehouses, shopping centres, houses, leisure facilities, etc. In addition, advice may be sought by clients on matters relating to investment, finance, planning, development, refurbishment, landlord and tenant relationships, and a wide range of other issues.

Employment opportunities are extensive and range from local property consultancies to positions in large, multi-office practices with regional, national and international representation. There are also many opportunities in the institutional and corporate sectors with organisations such as insurance companies, pension funds, property companies, multiple retailers, and other major trading companies. Some local authorities and central government departments also maintain an 'in-house' team of property professionals.

Graduates often find themselves specialising after an initial period and the following are examples of favoured aspects: commercial estate agency, investment appraisal, property finance, development appraisal, property valuation, property management, strategic corporate real estate management and rating and taxation matters.

Links with Industry

The full Masters award is fully accredited by the Royal Institution of Chartered Surveyors (RICS), allowing exemption from their academic entry requirements.

Guest lecturers from the real estate sector with expertise in relevant areas are invited to give lectures throughout the duration of the course. Field trips are organised in co-operation with local real estate companies, these give full-time students the opportunity to visualise what you learn and apply it to a real-world context.

The School of the Built Environment enjoys excellent links with the local, national and international property industry. This programme meets the needs of the industry by providing formal postgraduate level education for new entrants to the commercial property sector.

Further Study

The School of the Built Environment has an exciting and vibrant research community engaged in advanced research in the Built Environment. We enjoy a top position in the UK government national research assessment which recognises the outstanding national and international profile of our academic staff. We are also number one for research power, a position held since 1992.

Our research is conducted through our 10 research centres. For those interested in pursuing a research qualification after completion of the Masters, each centre has identified topics where they particularly welcome research proposals.

Fees and Funding

Fees 2014-15

Type of StudyFee
Full-time£7,650
Part-time£1,275 per 30 credits
Full-time International£11,090
Full-time PgDip£5,100
Distance Learning£1,275 per 30 credits
International Distance Learning£1,848 per 30 credits

Additional costs

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Scholarships and Bursaries

We offer awards to help you study through our:

  • Vice-Chancellor's Excellence Scholarship
  • University of Salford student loyalty discount
  • Country bursary scheme for International students only

There are also other sources of funding available to you.

For more information please see our funding section