Valuation 1 (15 credits)
In a nutshell
Location has long been a buzzword and the global property markets always attract attention. If you're looking to move your career into property, this dedicated postgraduate course provides an excellent working knowledge of commercial property and developments, with relevance to national and international markets.
It is no surprise that many graduates and professionals seek careers in property. With global relevance and rewarding returns, property and real-estate management can provide exciting career paths. Accredited by the Royal Institution of Chartered Surveyors (RICS), with exemption from their academic entry requirements, this postgraduate degree is ideal for graduates and professionals from a broad range of backgrounds to build relevant knowledge and skills.
During your studies, you'll be equipped to value and manage urban land and buildings in both public and private ownership. You'll consider the environmental considerations of development and management, and examine digital technology driving change. You'll become professionally competent in applying advanced investment and appraisal techniques, and learn how to make sound property management decisions that take into account legal, economic, facilities management and planning variables.
There are few better locations in the UK to study property and real-estate. In 2019, Salford is once again ranked amongst the world top 100 centres for architecture and built environment study (QS 2019). Led by academics with industry experience, we're at the heart of the UK's largest property and construction market outside of London, with a host of local case studies and live projects to study.
The full master's award is fully accredited by the Royal Institution of Chartered Surveyors (RICS), allowing exemption from their academic entry requirements.
- Learn about the workings of the commercial property market and its relevance to national and international financial and investment markets
- Study advanced current investment and appraisal techniques
- Gain an understanding of legal, economic, planning, technical and facilities management factors in property management decision making
- Understand the environmental considerations of real estate development and management
This is for you if...
You're new to the commercial property sector and looking to develop a career
You're an established property professional who wants to formalise your real estate and property management skills with an accredited qualification
You're excited by the property sector and have the determination to take on new challenges
All about the course
The Real Estate and Property Management postgraduate degree course is delivered using a modular programme. You can choose to study full-time on campus, or full or part-time via distance learning.
The master's award consists of eight 15 credit modules and a 60 credit dissertation research project. The PgDip requires you to complete eight taught modules, and the Pg Cert requires you to complete four taught modules.
You will study eight 15 credit taught modules in each of your first two semesters on campus. In the final semester, you will undertake a dissertation worth 60 credits.
DISTANCE LEARNING STUDY
If you study via distance learning at full-time mode, you'll cover four 15 credit taught modules per semester. In the final semester, you will undertake a dissertation worth 60 credits.
If you study via distance learning at part-time mode, you'll cover two 15 credit taught modules per semester. In two final semesters, you will undertake a dissertation worth 60 credits.
Gain the fundamentals for all aspects of real estate valuation covering valuation calculations and methodology to the RICS Guidance and mandatory applications.
Valuation 2 (15 credits)
Continue to learn the fundamentals for all aspects of real estate valuation covering valuation calculations and methodology to the RICS Guidance and mandatory applications.
Building Law Principles (15 credits)
In this module, you'll explore topics related to building law principles:
- Principles of contract law
- Introduction to building contracts
- Negligence & the duty of care
- Occupiers’ liability & building defects
- The land-related torts
- Introduction to commercial leases
Property and Asset Management (15 credits)
Learn about business lease covenants, particularly repairing obligations, service charges, user, alterations & improvements, assignment & sub-letting, rent and rent review.
You will also learn about enforcement and remedies for breach of covenant, and lease renewal within & outside the Landlord and Tenant Act 1954 (Part II).
Planning and Development Control (15 credits)
In this module, you will look at topics related to planning and development control:
- Central & local planning policy
- Development plans
- Operations and development control
- Applications for planning permission
- Permitted development & material considerations
- Role of building control
- Appeals & enforcement
Property Development (15 credits)
Learn about the evaluation of land for development potential, the residual method of valuation, sensitivity analysis, development viability, discounted cash flows and calculating the internal rate of return.
Building Technology (15 credits)
In this module, you'll examine a range of topics related to building technology:
- Sites and foundations
- Domestic scale construction
- Environment and services
- Large buildings
- Building high and wide
Building Efficiency and Pathology (15 credits)
In this module, you will explore space utilisation, facilities management, recognising defects in buildings in different categories and the correction methods.
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.
Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.
What will I be doing?
If you’re studying on campus, you'll experience lectures, tutorials and project work.
Lectures introduce the core knowledge for each module and include guest lectures from experts in the field. Tutorials provide a forum for discussion and debate with personalised instruction from tutors. Project work is your opportunity to apply research and use practical techniques to develop your solutions to prescribed tasks.
If you’re studying via distance learning, you’ll experience our online learning environment with intensive tutor support.
Weekly online tutorials are led by tutors with student interaction. Our online repository of learning material enables you to complete self-directed study at your own convenience. Learning is driven by real-world problems with application to your workplace and job role.
Assessment includes written coursework (100%) and continuous informal assessment by your tutors. The dissertation module is also delivered online and incorporates extensive tutor engagement.
School of Science, Engineering and Environment
From cyber security to biomedicine to architecture, our expanding suite of multidisciplinary courses shapes the next generation of scientists, engineers, consultants and conservationists. With a team of over 200 dedicated academic, technical and administrative staff, you’ll experience a supportive, professional environment where you can realise your potential.
Salford is home to the unique Energy House – the only fully climate controlled research facility in the world. Built in 2011, this full-scale two-bedroom terraced house is inside an environmental chamber that can replicate almost any weather conditions. It is fully furnished and packed with a vast array of sensors that can monitor a wide range of variables.
Think Lab is our futuristic research environment. It leads the development of advanced technology platforms for smart city applications, collaborative engineering, industry collaborations, simulation and gaming applications, and interactive training and learning.
What about after uni?
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. There are also opportunities in corporate sectors, working 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.
Course graduates are highly-regarded by employers and many alumni have progressed to work in corporate, financial, government and private sectors to create property, investment and business solutions. Typical roles taken include commercial estate agency, investment appraisal, property finance, development appraisal, property valuation, property management, strategic corporate real estate management and rating and taxation matters.
Globally, the urban built environment is becoming the predominant place for livelihoods. After completing this course, you will be well-placed to progress to doctoral level study. Salford’s centre for Urban Processes, Resilient Infrastructure and Sustainable Environments (UPRISE) works across a range of subject areas to identify how we might design, deliver and experience cities differently, considering issues that impact at both the local and global level.
This course is extensively informed by collaboration between the university’s academics and industry partners from the built environment. Our experienced teaching team maintain strong links with the architecture, engineering and construction sectors, both local and international.
This collaboration with the professions ensures a stimulating range of external guest lecturers, as well as career networking opportunities. You will benefit from field visits, practitioner-led lectures and real-world problem-solving work developed for and by industry.
What you need to know
ENGLISH LANGUAGE REQUIREMENTS
International applicants must demonstrate proficiency in English. An IELTS score of 6.0 (with no element below 5.5) is proof of this.
The course is suitable for graduates from a broad range of subject areas, including the arts, sciences, law or business. This course is also relevant for current professionals who want to formalise their existing skills with an accredited qualification.
No prior knowledge of property, real estate or construction is required, however it is a broad and challenging field, so it is important that you are prepared for the scope of the learning material.
Applicants must have a minimum of a second class honours degree (2:2).
Accreditation of Prior Learning (APL)
We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.
The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.
Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).Although no prior knowledge of the subject area is necessary 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.
|Type of study||Year||Fees|
|Full-time home/EU||2020/21||£8,460per year|
|Full-time international||2020/21||£13,320per year|
|Part-time||2020/21||£1,410 per 30 credits|
|Distance learning||2020/21||UK/EU: £1410 per 30 credits. International: £1,845 per 30 credits|
You should consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.
Scholarships for international students 2020/21
If you are a high-achieving international student, you may be eligible for one of our international scholarships worth up to £5,000. Our international scholarships include the Salford International Excellence Scholarship and the Built Environment Postgraduate Silver Award.
To find out more information, visit our International Scholarships page.