This program has been replaced by the Master of Property and Development. Online Handbook entry for this new program will be viewable in the 2006 version of this website from October 2005.


Each year the nation commits more than half its capital outlays to land development, building and infrastructure. The real estate industry is rapidly moving from essentially responding to client requirements for structures to providing business solutions and sustainable communities. This makes real estate a key sector of the economy. The real estate programs offered at the UNSW are designed to meet the needs of those who wish to work at the cutting edge of these changes, and assemble a suite of courses that stretch their imaginations and capabilities.

In a collaborative arrangement between the Faculty of the Built Environment, peak industry associations and other Faculties, the UNSW offers a Master of Real Estate to meet these objectives. The program should appeal to people seeking careers in development, investment and management of property and infrastructure and the professions that serve this industry. It also provides valuable education to those seeking a broader base to careers in architecture and landscape architecture, construction, engineering, urban planning and law.

In response to the rapid changes in the field of real estate, a specialisation in facilities management is offered within this real estate program, the Master of Real Estate in Facilities Management (Plan GSBEBS8129). Facilities
management is not only growing rapidly but also responding to corporations' need to view their real estate as vital to their core business objectives. This requires a strategic approach to asset management that integrates financial, information, human resource and technical perspectives.

Please contact the Faculty of the Built Environment for information regarding the Program Objectives and Learning Outcomes.

To qualify for the Master of Real Estate and the Master of Real Estate (Facilities Management) programs students will be required to complete a program of study totalling 72 units of credit as adjusted by advanced standing provisions. Since most courses are of 6 UOC, students must usually complete 12 courses. Each course involves about 120 hours of work on the part of a student. Modes of delivery vary with some courses available by distance education. Most require attendance at classes in either block or week by week mode. The variety of delivery provides flexibility and opportunity to undertake study outside the usual sessions. In conventional mode the degree requires three full time sessions of study, however, the variety of modes of delivery enables some pathways through these programs to be completed within 12 months. This is only possible for students beginning their studies in the first session of the academic year.

The programs require students to complete courses that have been allocated to subject groups plus two electives. The subject groups are given in the schedule below.

The Master of Real Estate requires students to complete:

and

The electives may be taken from the subject groups in the schedule below or from other UNSW postgraduate courses provided they are relevant and have the approval of the Program Director.

The Master of Real Estate in Facilities Management requires students to complete:

Electives

12 units of credit of relevant courses taken from the above subject groups or from other UNSW postgraduate courses provided they have the approval of the Program Director.

Note: Enrolment in courses offered by the Master of Technology program requires students to have 4 years work experience.

Sequence

The sequence of courses is governed by prerequisites.

Courses with enrolment numbers below the Faculty determined threshold may not be offered. Some courses may be offered only once over two years.

Fees

This is a full fee paying program for both local and international students. Contact the office of the Associate Dean - Postgraduate Studies for details.

Please refer to the Program Structure above and contact the school office for further information.

For information regarding fees for UNSW programs, please refer to the following web-page:  https://my.unsw.edu.au/student/fees/FeesMainPage.html

Admission Requirements

Admission is available to students with a first degree or equivalent in any relevant field together with evidence of a capacity to achieve credit level or better grades consistently. Professional experience is desirable and is also considered in selecting applicants.

Eligible applicants may be required to complete a program of preparatory or concurrent study laid down by the Associate Dean (Postgraduate Studies) on the recommendation of the Program Director.

All applicants are expected to have certain learning skills relevant to this program before they begin (or complete their first session) and be conversant in English. Students may be required to undertake these courses in the first session if weaknesses become evident.

Assumed Knowledge

Students should be able to:

Advanced Standing

Applicants who have completed a four year program of undergraduate study or equivalent may be granted advanced standing for up to four courses in a Masters degree provided that previous study contains subject matter studied to third year or higher level which is similar in content to that in the Masters degree. The number of courses for which advanced standing is given will depend on the composition of the program undertaken by the student in their previous degree or degrees.

As part of the provisions described above, students who have completed an accredited postgraduate award offered by the Property Council of Australia may also be granted advanced standing.

The maximum units of credit (UOC) that may be granted as advanced standing is 24.