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Real Estate (Commercial and Residential, International, and Hotel)

MSc

Accredited by the Royal Institution of Chartered Surveyors (RICS)

School of the Built Environment

The MSc Real Estate is a conversion programme for graduates from other academic disciplines and is accredited by the Royal Institution of Chartered Surveyors (RICS). It is one degree programme with three distinct pathways: 

  1. Commercial/Residential Real Estate
  2. International Real Estate
  3. Hotel and Hospitality 

All three pathways are viewed as a single cohort. 

The programme will provide you with all the necessary skills and knowledge to excel in the real estate profession and will prepare you for the challenge of completing the Assessment of Professional Competence (APC) to become a Chartered Surveyor.

The MSc Real Estate is available for full-time study only. Given the intensity of the programme, you are advised to live in or near Oxford. Please note this course has a September start only.

Find out more about the MSc Real Estate including interviews with the staff, student views and field trips on the School of the Built Environment blog, Hot Property.

Available start dates

September 2018 / September 2019

Teaching location

Headington Campus

Course length

  • Full time: 12 months

UCAS Postgraduate code

50676

For full application details, please see the 'How to apply / Entry requirements' section.

  • All MSc Real Estate students will be paired with and mentored by a recent graduate from the programme who will support and help in careers' advice, study and professional development.
  • The majority of the teaching staff are professionally qualified as Chartered Surveyors, Planners, Lawyers or Accountants, each of them is dedicated to providing excellent teaching.
  • Learning is enhanced  by external speakers, field trips and management support from the industry, provided by seven of the major international real estate consultancies who sponsor the programmes: CBRE, Cluttons, Cushman & Wakefield, GVA, Jones Lang LaSalle, Knight Frank and Savills.
  • The programme has always enjoyed a very successful level of graduate employment. Our students find employment in both the major international real estate consultancies and local firms.
  • The programme is well respected in all areas of the industry and we also have alumni in real estate management companies, banks, financial institutions, government bodies and corporates. 
  • The small cohort (about 40 students each year) means more individual attention, excellent group dynamics in lectures/discussions, good opportunities for socialising, sharing experiences, supporting each other and creating lasting friendships.

The MSc Real Estate comprises 11 or 12 compulsory taught modules (depending on your chosen pathway) and a structured Applied Real Estate Project. It provides you with a thorough grounding in the skills and expertise necessary for a career in real estate. 

Each module, except one, is 10 credits and the MSc qualification is 180 credits.

Please note: as programmes are reviewed regularly as part of our quality assurance framework, the module list you choose from may vary from what is shown here.

Autumn Semester

Valuation and Investment (10 credits - all pathways) starts with an introduction to the concept of investment and pricing, and covers basic financial mathematics. The module looks at the role of pricing and valuation methods and their appropriateness against the wider economic and investment environment.

Real Estate Law (10 credits – all pathways) introduces you to the law as it relates to real property management issues. It covers the law of obligations (both contractual and tortious) then moves on to cover basic aspects of the law of real property and the law of landlord and tenant.

Real Estate Economics (10 credits – all pathways) provides the framework for developing an understanding of the economic context in which a real estate organisation functions. This includes the national and international economic environment. The module discusses the role of markets, in particular the real estate market and the influences upon such key variables as costs and prices. It develops techniques to enable an organisation to analyse its situation and propose solutions.

Integrative Professional Practice (10 credits – all pathways) concerns the application of estate management skills within a practical setting, and will help you develop a wide range of professional skills within the field of real estate management.

Construction and Sustainability (10 credits – all pathways) seeks to provide an understanding of the principles of construction in the context of a sustainable environment, and to develop a knowledge of the professional skills required to ensure sustainability in the built environment.

Real Estate Management (10 credits – all pathways) enables All MSc Real Estate students will be paired with a recent graduate from the programme who will support and help in careers' advice, study and professional development. The module will involve a series of case study examples from industry.

Spring Semester

Corporate Real Estate (10 credits – all pathways) provides a framework for analysis of the corporate environment and its effect on an organisation's real estate holdings, including both internal and external environments. The module develops strategic perspectives for real estate in a variety of organisational structures and environments. It also examines aspects of operational management and the impact of these on overall strategy.

Real Estate Finance and Business Economics (10 credits – all pathways) continues studies from the autumn semester looking at the role of markets, in particular the real estate market and the influences upon such key variables as costs and prices.

Real Estate Development Appraisal (10 credits – all pathways) deals with the quantitative analysis of real estate development. Development appraisal is the central tenet for assessing the feasibility of any development. It looks at the financial impact of physical, legal, planning and economic restrictions on the viability of a development at any point in the economic cycle.

UK Planning and Development (10 credits – Commercial/Residential pathways) sets out to deal with planning and development issues of interest to the chartered surveyor and related professionals. As well as covering issues relating to the planning system, the module focuses on urban renewal and regeneration.

International Planning and Development (10 credits – International pathway) - the processes involved in developing real estate in different global markets vary due to factors such as the legal, economic, political and environmental circumstances of each location.

Real Estate Investment Strategy (10 credits – Commercial/Residential pathway) builds on Valuation and Investment, studying property as an investment, including its role in a multi-asset portfolio. The module discusses the relevance of portfolio theory to property investment, and its influence on the use of diversification, risk analysis and performance measurement.

International Real Estate Investment (10 credits – International pathway) builds on the Valuation and Investment module, studying property as an investment in a worldwide context including its increasing role in multi-asset, cross-border portfolios. It discusses the relevance of portfolio theory to property investment, and its influence on the use of diversification, risk analysis and performance measurement.

UK Real Estate Law (10 credits – Commercial/Residential pathway) develops the themes of Real Estate Law I and expands the elements of professional practice related to the law of real property and the law of landlord and tenant.

International Real Estate Law (10 credits – International pathway) develops the themes of the Real Estate Law I and expands the elements of international and indigenous laws related to real property. The acquisition, disposal, development, valuation and management of real estate around the world will always be subservient to the legal system of the state in question. 

Contemporary Issues (10 credits - Hotel & Hospitality pathway) is an independent research module that will allow the student to research a contemporary theme within the Hotel & Hospitality Industry. 

Corporate Risk Governance (20 credits - Hotel & Hospitality pathway) enables the student to understand the set of policies, processes and within the Hotel & Hospitality Industry. It will allow the student to determine and assess strategic objectives while safeguarding the interests of their stakeholders.

Summer 

The work required for this part of the programme can be undertaken away from the university with email and internet support.

Applied Real Estate Project (50 credits – all pathways) will involve an individual structured project that is industry related. The project themes will vary according to the pathway (i.e. Commercial/Residential, International or Hotel & Hospitality) but will include subjects such as Real Estate Investment, Real Estate Development, Real Estate Law, Real Estate Valuation and Professional Practice.

Real Estate Markets (10 credits – all pathways) is an umbrella module that will include, among other things, a series of guest lectures, field trips and industry events. In the summer semester, there will be a residential field trip to a major European city.

The PGDip and PGCert are available as exit awards only; students need 120 credits for the PGDip and 60 credits for the PGCert. 

Teaching and learning

The philosophy of the MSc programme is to provide you with a theoretical framework in the early modules and to build on this in the latter stages with practical, real life examples and case studies.

Learning methods include lectures, seminars, tutorials, project work and independent study. Teaching is organised around the component modules, involving a total of around 20 hours of teaching time per week over each 12-week teaching semester. 

The semester system requires examinations to be taken at the end of each teaching period. It is a very intensive course and you undertake a substantial amount of private study and project work.

The Real Estate Markets module draws together the different subjects taught on the programme and incorporates a number of field trips in the UK and Europe.

Approach to assessment

Each module is assessed individually, through coursework such as submission of reports and presentations, and/or formal written examination. 

Specialist facilities

Students taking the MSc Real Estate programme benefit from the allocation of a dedicated base-room in the Abercrombie Building. 

Field trips

One of the most important elements of the MSc Real Estate programme is the field trip schedule, which helps you to build on your learning by giving you the opportunity to see how things are done in practice. These start in the induction week with trips around Oxford and London. 

In the autumn, there are further day trips to London and a three-day residential field trip to another major city in the UK. In the spring we have further day trips, and in the summer we have a five-day residential trip to a major European city.

In each case, the intent of the field trips is to 'add flesh to the bones'. In the classroom, we can talk about how things should be done. It is only when on these trips that a student can appreciate how things are done in practice.

The cost of field trips is included in the programme fees.

Programme changes

On rare occasions we may need to make changes to our course programmes after they have been published on the website. For more information, please visit our Changes to programmes page.

Tuition fees

Home/EU - full time fee: 2017/18: £14,300 2018/19: £14,590

International - full time: 2017/18: £14,300 2018/19: £14,590

The fee includes the cost of field trips

Please be aware that some courses will involve some additional costs that are not covered by your fees. Specific additional costs for this course, if any, are detailed in the 'This course in detail' window above.

Questions about fees?
Contact Student Finance on:
+44 (0)1865 483088
finance-fees@brookes.ac.uk

Funding and scholarships

Entry requirements

The MSc Real Estate programme is open to students who hold a good undergraduate honours degree (2.1 or above) in a non-cognate discipline or equivalent international qualification. Applicants to this conversion programme are therefore welcome from any academic discipline (other than real estate).

Applicants should demonstrate a commitment to a career in real estate, preferably through previous work experience, which is strongly recommended. 

Please also see the university's general entry requirements.

English language requirements

If your first language is not English you will require a minimum academic IELTS score of 6.5 overall with 6.0 in all components.

OR

An equivalent English language qualification acceptable to the University.

Please also see the university's standard English language requirements

English requirements for visas

If you need a student visa to enter the UK you will need to meet the UK Visas and Immigration minimum language requirements as well as the university's requirements. Find out more about English language requirements.

International applications

Preparation courses for International and EU students

We offer a range of courses to help you to meet the entry requirements for this course and also familiarise you with university life. You may also be able to apply for one student visa to cover both courses.

  • Take our Pre-Master's course to help you to meet both the English language and academic entry requirements for your master's course.
  • If you need to improve your English language, we have pre-sessional English language courses available to help you to meet the English language requirements of your chosen master’s.

If you are studying outside the UK, for more details about your specific country entry requirements, translated information, local contacts and programmes within your country, please have a look at our country pages.

How to apply

You apply for this course through UCAS Postgraduate.

Through UCAS Postgraduate, you should use the UKPASS portal to make your application, which will then be forwarded directly to our Admissions Office. You should send supporting documentation to us directly using the email addresses on the UKPASS application form.

Terms and Conditions of Enrolment

When you accept our offer, you agree to the Terms and Conditions of Enrolment. You should therefore read those conditions before accepting the offer.

How this course helps you develop

The MSc Real Estate programme, although grounded in academic excellence, is a practice-based programme for students wishing to become Chartered Surveyors. 

It has established itself as a premier postgraduate programme for students wishing to enter the property profession and it meets the strong demand from the real estate profession for high-calibre postgraduate students both in the UK and overseas.

As a student on the MSc Real Estate programme, you will benefit from the many contacts that the Real Estate team at the School of the Built Environment has established within the property industry and from the networking/career events organised during the year specifically for our students.

There is also an active alumni group on LinkedIn for students/graduates in Real Estate and students are encouraged to join when they start their studies.

Careers

The MSc Real Estate programme at Brookes is highly respected in the profession. 

In the case of UK students, it is normal for our students to secure employment before the programme ends. Most students work for the big international real estate companies in London, but our students have also been successful in securing employment in smaller niche practices in London or in other areas of the country.

Free language courses for students - the Open Module

Free language courses are available to full-time undergraduate and postgraduate students on many of our courses, and can be taken as a credit on some courses.

Please note that the free language courses are not available if you are:

  • studying at a Brookes partner college
  • studying on any of our teacher education courses or postgraduate education courses.

How Brookes supports postgraduate students

Supporting your learning

From academic advisers and support co-ordinators to specialist subject librarians and other learning support staff, we want to ensure that you get the best out of your studies.

Personal support services

We want your time at Brookes to be as enjoyable and successful as possible. That's why we provide all the facilities you need to be relaxed, happy and healthy throughout your studies.

Research highlights

David Shiers, co-author of The Green Guide to Specification, is based in the department.

Research areas and clusters

The Real Estate and Land Policy Group examines the impact of land and housing markets/policy on broader development processes - particularly for enhancing urban sustainability. We also address broader market-based fundamentals such as valuation, and emerging areas of research include behavioural finance.

Professional Practice

The Real Estate teaching team is well respected within the property profession.

Nick French, the Programme Director, is both a serving member of the Professional Board of the International Valuation Standards Council (IVSC) and the Royal Institution of Chartered Surveyors (RICS). He also keynotes at numerous conferences in the UK and worldwide.