Real Estate Studies - COMMF13502
Stream Summary
Faculty: COMM - Australian School of Business
School: School of Economics
Contact: Australian School of Business Student Centre
Program: 3502 - Commerce
Award(s):
Bachelor of Commerce (Major)
View stream information for previous years
Stream Outline
The real estate sector represents a substantial share of the capital assets and savings of businesses and households in the economy. All businesses involved in building and managing these assets require graduates with high level of skills in understanding the economic and financial factors and policies which influence real estate markets and an understanding of the operation of the finance and capital markets which are integral to the sector. Governments at all levels are also heavily involved in the real estate market, both as investors in its own right but also in terms of public policy. Graduate positions exist in public policy, industry research, investment management, in the finance and credit departments of banks and large corporations and in the financial sector in general.
Real Estate Studies is offered as an undergraduate major by the Australian School of Business for students enrolled in commerce or economics degrees. The major is designed for students who would like to work in real estate investment management or research, in public policy, or more generally in the financial or corporate sectors. It aims to develop specialist economic/finance knowledge in the area of real estate and particularly complements studies in accounting, finance, financial economics, and economics.
Real Estate Studies is offered as an undergraduate major by the Australian School of Business for students enrolled in commerce or economics degrees. The major is designed for students who would like to work in real estate investment management or research, in public policy, or more generally in the financial or corporate sectors. It aims to develop specialist economic/finance knowledge in the area of real estate and particularly complements studies in accounting, finance, financial economics, and economics.
Stream Structure
- A major in Real Estate Studies consists of 8 courses (48 UOC). Seven (7) of these courses are specified. In addition, students are required to take one Level 3 course from the list of Level 3 Elective courses to complete the requirement for three Level 3 courses in a major.
- A minor in Real Estate Studies consists of 5 courses (30 UOC), containing ECON1202 and four of the Compulsory Level 2 or 3 courses. The minor does not form part of the nominated major.
Compulsory Level 1 course
- ECON1202 Quantitative Analysis (6 UOC)
Compulsory Level 2 and Level 3 courses
- BENV2985 Land Economics & Valuation (6 UOC)
- ECON2101 Microeconomics 2 (6 UOC)
- ECON3130 Real Estate Economics (6 UOC)
- FINS2624 Portfolio Mgmt (6 UOC)
- FINS3633 Real Estate Finance (6 UOC)
- TABL2792 Real Property Law (6 UOC)
Note: that BENV2985 is treated as an ASB course for the purposes of requirement to complete 16 courses (96UOC) of Business courses within the Bachelor of Commerce.
Elective Level 3 courses
Students are required to take one of the following electives:
Students are required to take one of the following electives:
Additional Elective courses – if required
If a student takes this major as one of two majors in their degree, and the two majors have courses in common, the options are:
1. A student may be permitted to have one common course (6 UOC) counted towards each major sequence.
2. Where the two majors have more than one course in common, those additional courses may only count towards one major.
3. If a student chooses to count such a course towards the other major, students will be required to complete an additional elective of the same Level or above, from the list of Level 3 electives above or one of the Level 2 electives below.
Elective Level 2 courses
Only where a compulsory Level 1 or 2 course counts towards another major:
If a student takes this major as one of two majors in their degree, and the two majors have courses in common, the options are:
1. A student may be permitted to have one common course (6 UOC) counted towards each major sequence.
2. Where the two majors have more than one course in common, those additional courses may only count towards one major.
3. If a student chooses to count such a course towards the other major, students will be required to complete an additional elective of the same Level or above, from the list of Level 3 electives above or one of the Level 2 electives below.
Elective Level 2 courses
Only where a compulsory Level 1 or 2 course counts towards another major:
- • ECON2102 Macroeconomics 2
- • ECON2206 Introductory Econometrics
- • ECON2209 Business Forecasting
- • FINS1612 Capital Markets and Institutions
Honours
There is no Honours program in Real Estate Studies; however, students completing this major may be eligible to undertake honours in either Economics or Finance and may choose to write a thesis topic in real estate. Entry to those Honours programs requires completion of an economics or finance major. Please refer to the relevant honours plans for more details
Further information
Please note that these requirements may be subject to change.
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.
Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Level 1, room 1028, Quadrangle Building
Forms, policies and procedures
Frequently asked questions
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.
Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Level 1, room 1028, Quadrangle Building
Forms, policies and procedures
Frequently asked questions
