Admission and Unit Information - Master of Commerce (Property Investment and Development)
Accreditation
This course is designed to meet the requirements for membership of the Australian Property Institute (API).
Admission
Applicants must have successfully completed an undergraduate degree, or higher, in a relevant field such as property, business, finance, town planning, building/construction, architecture and engineering.
Applications from Australian and New Zealand citizens and holders of permanent resident visas must be made via the Universities Admissions Centre (UAC).
Applicants who have undertaken studies overseas may have to provide proof of proficiency in English. Local and International applicants who are applying through the Universities Admissions Centre (UAC) will find details of minimum English proficiency requirements and acceptable proof on the UAC website. Local applicants applying directly to UWS should also use the information provided on the UAC website.
International applicants must apply directly to the University of Western Sydney via UWS International.
International students applying to UWS through UWS International can find details of minimum English proficiency requirements and acceptable proof on the UWS International website.
http://pubsites.uws.edu.au/international/
Overseas qualifications must be deemed by the Australian Education International - National Office of Overseas Skills Recognition (AEI-NOOSR) to be equivalent to Australian qualifications in order to be considered by UAC and UWS.
Course Structure
Qualification for this award requires the successful completion of 80 credit points which includes the units listed in the recommended sequence below.
Year 1
Full time
Autumn session
Students will develop an understanding of the property industry and its role in the investment context, as well as the collection and analysis of property data. The areas of markets, institutional property portfolios, the role of Government policy, and the controls that affect development will all be studied.
Property Investment Analysis (V2)
This unit introduces the concepts of investment analysis in the context of a study of the performance of individual created property investments.
This unit examines the role of property in an investment portfolio, with particular attention given to property portfolio performance analysis and property investment strategy. The performance analysis of both direct and indirect property is also examined to assess the strategic contribution of property to an investment portfolio.
Property development is an extremely complex activity which involves a vast range of considerations over a wide range of inter related subject areas. It is probably the most complex activity undertaken by property people except perhaps 'active' property management which should incorporate property development activities. The aims of this unit are to provide a wide ranging study of the property development process including such considerations as the objectives, functions, roles and methods of operation of all those involved in the development process, the financial aspects of development, social considerations, taxation aspects, planning matters and others, and to provide students with the opportunity to develop their understanding of and their expertise in the subject.
Spring session
This unit is focussed to develop the student's knowledge of finance and taxation with particular reference to the property industry.
Develop understanding of theory and practice of valuation of retail, office and industrial property. Critically evaluate the various risk factors in retail, office and industrial property investments. This unit concentrates upon income producing properties. It forms an essential resource for property investment analysis and property development.
This unit places greater emphasis on the evaluation and development of feasibility studies for the purposes of selecting development projects, evaluating different options and making the decision as to whether to proceed to detailed feasibility study stage.
Project is the integrating capstone unit, which brings together the skills that property students have developed during the course in preparing a high quality professional property industry report. The unit encourages property students to demonstrate their ability to solve multi-disciplinary problems in relation to current and future property issues. The unit will also allow students to critically evaluate issues in the property industry to determine and assess potential property industry implications. The topics are determined from year to year by discussions between the individual student, the unit coordinator and the student’s chosen supervisor.
Part time
Year 1
Autumn session
Students will develop an understanding of the property industry and its role in the investment context, as well as the collection and analysis of property data. The areas of markets, institutional property portfolios, the role of Government policy, and the controls that affect development will all be studied.
Property Investment Analysis (V2)
This unit introduces the concepts of investment analysis in the context of a study of the performance of individual created property investments.
Spring session
This unit is focussed to develop the student's knowledge of finance and taxation with particular reference to the property industry.
Develop understanding of theory and practice of valuation of retail, office and industrial property. Critically evaluate the various risk factors in retail, office and industrial property investments. This unit concentrates upon income producing properties. It forms an essential resource for property investment analysis and property development.
Year 2
Autumn session
This unit examines the role of property in an investment portfolio, with particular attention given to property portfolio performance analysis and property investment strategy. The performance analysis of both direct and indirect property is also examined to assess the strategic contribution of property to an investment portfolio.
Property development is an extremely complex activity which involves a vast range of considerations over a wide range of inter related subject areas. It is probably the most complex activity undertaken by property people except perhaps 'active' property management which should incorporate property development activities. The aims of this unit are to provide a wide ranging study of the property development process including such considerations as the objectives, functions, roles and methods of operation of all those involved in the development process, the financial aspects of development, social considerations, taxation aspects, planning matters and others, and to provide students with the opportunity to develop their understanding of and their expertise in the subject.
Spring session
This unit places greater emphasis on the evaluation and development of feasibility studies for the purposes of selecting development projects, evaluating different options and making the decision as to whether to proceed to detailed feasibility study stage.
Project is the integrating capstone unit, which brings together the skills that property students have developed during the course in preparing a high quality professional property industry report. The unit encourages property students to demonstrate their ability to solve multi-disciplinary problems in relation to current and future property issues. The unit will also allow students to critically evaluate issues in the property industry to determine and assess potential property industry implications. The topics are determined from year to year by discussions between the individual student, the unit coordinator and the student’s chosen supervisor.
