Real Estate MSc
Why choose this course?
This is an innovative degree designed primarily for people working or wanting to work in the real estate sector either in the UK or beyond who are seeking to gain a high-level head start.
The reflective practitioner at junior or middle-management level can study individual modules to meet CPD requirements or enhance their academic qualifications.
Taught by real estate academics and practitioners, this course has excellent links with surveying and property firms.
| Mode | Duration | Attendance | Start date |
|---|---|---|---|
| Full time | 1 year | Short intensive blocks | September 2022 |
| Full time | 2 years including professional placement | Short intensive blocks | September 2022 |
| Part time | 2 years | Short intensive blocks | September 2022 |
| Location | Kingston Hill |
Reasons to choose Kingston University
- This is one of the few real estate courses with a world-wide focus on valuation and investment.
- Accredited by the Royal Institution of Chartered Surveyors (RICS)
- The course culminates in the Kingston Real Estate Master's Conference.
- Kingston Business School is one of just five per cent of the world's business schools to hold accreditation from the Association to Advance Collegiate Schools of Business (AACSB).
- Free car parking at the Kingston Hill campus is available for students of this course. The campus can also be easily accessed by public transport. Halls accommodation is just a walk away from the classrooms.
Accreditation
Royal Institution of Chartered Surveyors (RICS)
The course is accredited by the Royal Institution of Chartered Surveyors (RICS).
Students will study 6 assessed modules which have been designed to ensure alignment with the business, ethics and technical competencies of the RICS's Assessment of Professional Competence (APC).
Kingston Business School Accreditations
Kingston Business School holds the prestigious international accreditation by the AACSB (Association to Advance Collegiate Schools of Business) in recognition of the excellence of its business education. This accreditation has been earned by just 5% of the world's business schools and recognises the high quality and standard of our business degree offering.
At Kingston Business School we lead
What you will study
This course will enable you to create key research and systematic aptitudes alongside your practical, technical and professional competencies.
You will study six modules. These have been intended to guarantee that they align with key competencies of the RICS's Assessment of Professional Competence (APC), yet at the same time enabling you to pursue your particular interests through your research project. The project culminates in the unique master's conference. There will also be an opportunity to participate in an international residential field trip.
Flexibility within the curriculum will allow you to extend your insight within focused areas of valuation, property law, investment, asset management and/or spatial development.
Full time
Part time
Optional placement year
The full-time programme runs over one year and consists of six modules at 30 credit points each. Four modules are core, and two are chosen from a selection of elective modules.
Core modules
Real Estate Fundamentals and Law
30 credits
This module examines the fundamental elements of the real estate market and the legal background against which the property market operates. It will examine the players in the market, supply and demand within the key sectors, investor and owner-occupier appetite and the effects of micro and macro-economic on the real estate market. It also examines the interaction of businesses or corporations and their need and use of buildings, the importance of the effective and efficient use of space, and how other elements such as image, design, and personnel work requirements can affect buildings. This module also provides students with a critical understanding and knowledge of the principles of administrative laws, legal methods, land law, the law of contract and obligations, and tortious liability applicable to real estate situations.
Real Estate Appraisal and Valuation
30 credits
This module develops students' understanding, knowledge and critical appraisal abilities over a wide range of valuation approaches and methods, and appraisal techniques commonly used in both UK and global valuation practice. There are two distinct teaching blocks with supporting tutorials and practice scenarios exercises covering essential valuation and appraisal skills, including an introduction to Information and Communication Technology to support valuation modelling. The module also develops a critical analysis of approaches to valuations and valuation instructions in the global environment.
Research Principles and Application
30 credits
This module aims to provide students with a sound grounding in research principles and methodologies that are commonly applied within the built environment. Throughout a series of lectures and seminars, supported by tutorials students are encouraged and enabled to develop their critical reasoning powers and to gain practice in researching ideas and knowledge and in the design of relevant research instruments.
Research Project
30 credits
This final module provides students the opportunity to design and execute an original research capstone project related to their own real estate interests. They will develop a theoretically informed body of work that integrates both theory and practice. It may take the form of a dissertation, a practice project, design or experiment based project. Following submission students present their findings at a Masters Students Conference.
Elective modules (choose 2)
Land Use, Planning and Development
30 credits
This module is an essential ingredient in the study of land use, spatial planning and its associated decision-making processes for development to proceed in the UK. An appraisal of land tenure and land use development will allow a critical appraisal as to how historic, current and emerging planning and sustainability policies and principles shape placemaking. The emphasis will be on the planning laws applicable in England. Land, property and planning are closely linked so the module enables understanding of the development process from the developers' viewpoint to facilitate schemes effectively. A key range of inputs and outputs are investigated as part of development appraisal modelling.
Asset, Property and Facilities Management
30 credits
The module appraises the wide range of asset, property and facilities management activities and laws associated with real estate land and buildings. It includes developing and executing strategic and corporate real estate asset policies as well as appraising the operational property and facilities management activities on which performance depends.
Property Investment Analysis and Funding
30 credits
In this module students develop skills in carrying out property investment analysis gaining a critical understanding of discounted cash flow variables and performance measures including investment tactics. It introduces the analysis of risk within property and within a multi-asset portfolio and the utilisation of structured finance. Students also study indirect real estate vehicles and instruments, their origins and their current utilisation.
Lease Consultancy - Agency, Tenancies and Dispute Resolution
30 credits
This module aims to provide students with a thorough grounding in the law and practice of landlord and tenant, real estate agency and brokerage practice and, dispute resolution. Students will be introduced to a series of statutory and common law provisions and regulations impacting the landlord and tenant relationship with particular regard to lease creation, lease management and end of lease positions. Leasing practice will cover the entirety of the lease and licence creation process with the operational side of lease consultancy being explored. Conflict avoidance and dispute resolution processes and procedures will be appraised in the light of dispute management systems and controls.
Statutory and Advanced Valuation Practice
30 credits
This module aims to provide students with a thorough grounding in the law and practice of statutory and advanced valuations in the professional practice areas of compulsory purchase and compensation, business rates and council tax, taxation, leasehold enfranchisement and planning compensation. Students will be introduced to a series of statutory and common law provisions and regulations impacting and underpinning the statutory valuation field of practice.
The programme consists of six modules at 30 credit points each. You will take two core modules and choose one elective module in Year 1. In Year 2 you will also take two core modules and choose one elective module. Four modules are core, and two are chosen from a selection of elective modules.
Year 1
Real Estate Appraisal and Valuation
30 credits
This module develops students' understanding, knowledge and critical appraisal abilities over a wide range of valuation approaches and methods, and appraisal techniques commonly used in both UK and global valuation practice. There are two distinct teaching blocks with supporting tutorials and practice scenarios exercises covering essential valuation and appraisal skills, including an introduction to Information and Communication Technology to support valuation modelling. The module also develops a critical analysis of approaches to valuations and valuation instructions in the global environment.
Real Estate Fundamentals and Law
30 credits
This module examines the fundamental elements of the real estate market and the legal background against which the property market operates. It will examine the players in the market, supply and demand within the key sectors, investor and owner-occupier appetite and the effects of micro and macro-economic on the real estate market. It also examines the interaction of businesses or corporations and their need and use of buildings, the importance of the effective and efficient use of space, and how other elements such as image, design, and personnel work requirements can affect buildings. This module also provides students with a critical understanding and knowledge of the principles of administrative laws, legal methods, land law, the law of contract and obligations, and tortious liability applicable to real estate situations.
Year 2
Research Principles and Application
30 credits
This module aims to provide students with a sound grounding in research principles and methodologies that are commonly applied within the built environment. Throughout a series of lectures and seminars, supported by tutorials students are encouraged and enabled to develop their critical reasoning powers and to gain practice in researching ideas and knowledge and in the design of relevant research instruments.
Research Project
30 credits
This final module provides students the opportunity to design and execute an original research capstone project related to their own real estate interests. They will develop a theoretically informed body of work that integrates both theory and practice. It may take the form of a dissertation, a practice project, design or experiment based project. Following submission students present their findings at a Masters Students Conference.
Elective modules (choose 2)
Land Use, Planning and Development
30 credits
This module is an essential ingredient in the study of land use, spatial planning and its associated decision-making processes for development to proceed in the UK. An appraisal of land tenure and land use development will allow a critical appraisal as to how historic, current and emerging planning and sustainability policies and principles shape placemaking. The emphasis will be on the planning laws applicable in England. Land, property and planning are closely linked so the module enables understanding of the development process from the developers' viewpoint to facilitate schemes effectively. A key range of inputs and outputs are investigated as part of development appraisal modelling.
Asset, Property and Facilities Management
30 credits
The module appraises the wide range of asset, property and facilities management activities and laws associated with real estate land and buildings. It includes developing and executing strategic and corporate real estate asset policies as well as appraising the operational property and facilities management activities on which performance depends.
Property Investment Analysis and Funding
30 credits
In this module students develop skills in carrying out property investment analysis gaining a critical understanding of discounted cash flow variables and performance measures including investment tactics. It introduces the analysis of risk within property and within a multi-asset portfolio and the utilisation of structured finance. Students also study indirect real estate vehicles and instruments, their origins and their current utilisation.
Lease Consultancy - Agency, Tenancies and Dispute Resolution
30 credits
This module aims to provide students with a thorough grounding in the law and practice of landlord and tenant, real estate agency and brokerage practice and, dispute resolution. Students will be introduced to a series of statutory and common law provisions and regulations impacting the landlord and tenant relationship with particular regard to lease creation, lease management and end of lease positions. Leasing practice will cover the entirety of the lease and licence creation process with the operational side of lease consultancy being explored. Conflict avoidance and dispute resolution processes and procedures will be appraised in the light of dispute management systems and controls.
Statutory and Advanced Valuation Practice
30 credits
This module aims to provide students with a thorough grounding in the law and practice of statutory and advanced valuations in the professional practice areas of compulsory purchase and compensation, business rates and council tax, taxation, leasehold enfranchisement and planning compensation. Students will be introduced to a series of statutory and common law provisions and regulations impacting and underpinning the statutory valuation field of practice.
The professional placement year is optional. It takes place after the full-time year. It allows students to do a 12-month work placement as part of their course. The work placement is an assessed part of the course and is therefore covered by a Student Route visa. Find out more about the postgraduate work placement scheme.
Modules
Professional Placement
120 credits
The Professional Placement module is a core module for those students following a Master's programme that incorporates an extended professional placement that follows completion of the first 180 credits of taught modules and project or dissertation. It provides students with the opportunity to apply their knowledge and skills in an appropriate working environment, and to develop and enhance key employability skills and subject specific skills in their chosen subject.
It is the responsibility of individual students to locate and secure a suitable placement opportunity; this will normally involve one placement which must be completed over a minimum period of 10 months and within a maximum of 12 months. The placement must be approved by the module leader prior to commencement to ensure its suitability.
The information above reflects the currently intended course structure and module details. Updates may be made on an annual basis and revised details will be published through Programme Specifications ahead of each academic year. The regulations governing this course are available on our website. If we have insufficient numbers of students interested in an optional module, this may not be offered.
After you graduate
Graduates attend the programme either because they are working in the real estate profession on a part time basis and wish to run their studies alongside their work placements or to gain the degree looking to seek a graduate position on successful completion.
Many students have already been accepted or gain positions on graduate entry schemes of UK or international surveying practices or real estate organisations. Graduates are typically sponsored to achieve their RICS qualification as a Chartered Surveyor.
Graduate destinations include working in diverse areas such as investment, agency, valuation, asset management, development, property finance and taxation.
Graduates have gone on to work for firms including CBRE, Cluttons, Cushman & Wakefield, Knight Frank, Jones Lang LaSalle, Land Securities, Knight Frank, Valuation Office Agency, KPMG, Deloitte AS, Asda Stores Ltd, Deutsche Bank and BNP Paribas Real Estate.
Entry requirements
Teaching and assessment
Who teaches this course?
You will be taught by an experienced teaching team whose expertise and knowledge are closely matched to the content of the modules on this course. The team includes senior academics and professional practitioners with industry experience. The following group of staff members are currently involved in the delivery of different elements of this course. This pool is subject to change at any time within the academic year.
Fees for this course
Additional costs
Depending on the programme of study, there may be extra costs that are not covered by tuition fees which students will need to consider when planning their studies. Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, access to shared IT equipment and other support services. Accommodation and living costs are not included in our fees.
Where a course has additional expenses, we make every effort to highlight them. These may include optional field trips, materials (e.g. art, design, engineering), security checks such as DBS, uniforms, specialist clothing or professional memberships.
