Real Estate

BSc (Hons)

2023/24 Part-time Undergraduate course

Award:

Bachelor of Science with Honours

Faculty:

Faculty of Computing, Engineering and the Built Environment

School:

Belfast School of Architecture and the Built Environment

Campus:

Belfast campus

Start date:

September 2023

This course is now closed for International applications for September 2023

United Nations Sustainable Development Goals (SDGs)

United Nations Sustainable Development Goals (SDGs)

We are passionate about sharing with our students the vital role they each have now and as future professionals in promoting a sustainable future for all. We believe that sustainability is not the domain of one discipline or profession. It is the responsibility of all disciplines, professions, organisations and individuals.

That is why on each of our courses within the Belfast School of Architecture and the Built Environment you will learn about the UN Sustainable Development Goals and the contribution you can make now, and as a graduate in the Built Environment.

Read the course details below to find out more.

With this degree you could become:

  • Graduate Valuer
  • Property Developer
  • Property Manager
  • Real Estate Investment Surveyor
  • Real Estate Market Analyst
  • Trainee Surveyor

Graduates from this course are now working for:

  • CBRE
  • Colliers
  • DTZ
  • Knight Frank
  • Lambert Smith Hampton
  • Lisney
  • Savills

Overview

Build your future and help shape your city by studying Real Estate at Ulster and become a confident and forward thinking professional.

Summary

Are you interested in the buying, selling, valuation, management or development of real estate? If so, you should consider studying real estate at Ulster to acquire the skills needed to tackle real life problems and excel in a range of property roles. The real estate programme at Ulster has consistently been ranked in the top 5 in the 'Land and Property Management' subject discipline by the Complete University Guide as testimony of the quality and esteem that the programme is held in.

The Real Estate programme has unique characteristics in meeting the needs of property professions at both national and international levels. The degree has a strong focus on valuation, appraisal, finance and property development set within a business and built environment context. It is an ideal starting point for those aspiring to become Chartered Surveyors or have careers with a real estate or built environment focus. Many graduates, after a period of work-based learning, progress to chartered membership status of a relevant professional institution.

We’d love to hear from you!

We know that choosing to study at university is a big decision, and you may not always be able to find the information you need online.

Please contact Ulster University with any queries or questions you might have about:

  • Course specific information
  • Fees and Finance
  • Admissions

For any queries regarding getting help with your application, please select Admissions in the drop down below.

For queries related to course content, including modules and placements, please select Course specific information.

We look forward to hearing from you.

About this course

About

The Real Estate Programme offers you a diverse, exciting and challenging career in a growing business sector. It provides a skill set which involves meeting people, inspecting property and negotiating deals. Real estate professionals enjoy their work and the rewards it brings. A career in property provides numerous job opportunities that are varied and exciting including agency, development, valuation, investment, rating, and property consultancy. The profession is well respected, the lifestyle is flexible, rewarding and well remunerated.

Whilst real estate markets, like all aspects of the economy, are cyclical, there is always a need for professionals with the right skills to optimise real estate portfolios and respond to the market conditions. The property market, both locally and nationally continued to recruit at both placement and graduate levels even during the economic downturn. In this regard the Ulster real estate graduate is capable of responding to the challenges and opportunities across the property sectors in what promises to be an exciting and dynamic future for all those in the real estate industry.

This course focuses primarily on commercial real estate including real estate development, investment, management and valuation for investment, sales and acquisition. It offers a professional route to becoming a chartered surveyor and ensures that you are equipped with the skills needed to succeed in a competitive workplace. As well as offering a direct route into the real estate profession, our course also offers a solid foundation on which to build a career in a range of other disciplines due to the grounding in business acumen, strategic management and wider financial appreciation.

Attendance

You are expected to attend all timetabled classes which are normally spread over one to two days a week. Each semester consists of a 12 week term followed by a three week revision and examination period. The timetabled classes are a mix of lectures, seminars, computer tutorials and practical exercises. However, students are also expected to undertake independent research and study beyond their timetabled hours.

Most modules are 20 credit points and these notionally involve 200 hours of student effort, of which the class contact hours varies according to the respective module (lectures, tutorials, computer laboratory etc) with the remainder made up from a variety of assignment work, directed study, student’s private study and revision. There are also some 10 point modules (100 hours of student effort).

Start dates

  • September 2023

Teaching, Learning and Assessment

The Real Estate programme is delivered via a variety of lectures, seminars, computer tutorials, educational videos and practical exercises. Staff are encouraged to vary their teaching styles and facilitate small group teaching or break-out seminars as much as possible. Class sizes are kept small to ensure that students benefit from one-to-one support and tutorage. Modules are assessed through a mix/combination of coursework, examinations or practical exercises depending on the skills being assessed.

Academic profile

The University employs over 1,000 suitably qualified and experienced academic staff - 59% have PhDs in their subject field and many have professional body recognition.

Courses are taught by staff who are Professors (25%), Readers, Senior Lecturers (20%) or Lecturers (55%).

We require most academic staff to be qualified to teach in higher education: 82% hold either Postgraduate Certificates in Higher Education Practice or higher. Most academic staff (81%) are accredited fellows of the Higher Education Academy (HEA) by Advanced HE - the university sector professional body for teaching and learning. Many academic and technical staff hold other professional body designations related to their subject or scholarly practice.

The profiles of many academic staff can be found on the University’s departmental websites and give a detailed insight into the range of staffing and expertise.  The precise staffing for a course will depend on the department(s) involved and the availability and management of staff.  This is subject to change annually and is confirmed in the timetable issued at the start of the course.

Occasionally, teaching may be supplemented by suitably qualified part-time staff (usually qualified researchers) and specialist guest lecturers. In these cases, all staff are inducted, mostly through our staff development programme ‘First Steps to Teaching’. In some cases, usually for provision in one of our out-centres, Recognised University Teachers are involved, supported by the University in suitable professional development for teaching.

Figures correct for academic year 2021-2022.

Belfast campus

Accommodation

High quality apartment living in Belfast city centre adjacent to the university campus.

Find out more - information about accommodation  


Student Wellbeing

At Student Wellbeing we provide many services to help students through their time at Ulster University.

Find out more - information about student wellbeing  


Belfast Campus Location

The Belfast campus is situated in the artistic and cultural centre of the city, the Cathedral Quarter.

Find out more about our Belfast Campus.

Campus Address

Ulster University,
2-24 York Street,
Belfast
BT15 1AP

T: 02870 123 456

Modules

Here is a guide to the subjects studied on this course.

Courses are continually reviewed to take advantage of new teaching approaches and developments in research, industry and the professions. Please be aware that modules may change for your year of entry. The exact modules available and their order may vary depending on course updates, staff availability, timetabling and student demand. Please contact the course team for the most up to date module list.

Year one

Introduction to the Built Environment

Year: 1

The module presents a wide-ranging overview of the impact of public & private development, statutory legislation, procurement, building design and construction on UK industry and society. It presents the background to the development of professional and industry norms and also challenges a number of orthodoxies.
Module study includes a review of the roles and responsibilities of property and construction professionals in a complex sector, as well as the nature of professionalism in an era of climate emergency.

Domestic Building Technology

Year: 1

This module provides a general introduction to construction technology with specific emphasis on the sustainable construction of small-scale, low-rise buildings.

The module also introduces the factors that affect and systems that control the internal environment of domestic buildings.

Law, Governance and Society

Year: 1

This module introduces students to the fundamental principles of governance and the legal framework in contemporary society. Students examine the interrelationship between governance actors, the legal system and social policy for advancing sustainable development and improving social, economic and environmental well-being.

Year two

Sustainable Development in the Built Environment

Year: 2

This module introduces the student to a range of economic, environmental and social challenges and how these impact upon built environment disciplines. It provides for an appreciation of the policy and actions needed to stimulate behavioural change across a range of issues such as over reliance on fossil fuels, combating social deprivation, mobility and travel behaviour, consumerism and ethical thinking. Students will get the opportunity to reflect on their own attitudes and values to determine how to take more sustainable decisions and how to influence positive change in the wider built environment.

Built Environment Economics

Year: 2

This module introduces the student to a range of economic principles and how these are applied in a built environment context. It provides for an appreciation of the importance of market forces, macro and micro economic policy and wider economic indicators such as inflation, interest rates in shaping the design, construction and operation of built environment. Special consideration is given to real estate market cycles and wider construction economics in accordance with the professional body requirements of the RICS.

Valuation Principles

Year: 2

This module introduces the student to a range of financial mathematics, value and investment concepts, various valuation techniques and the bases of those methods. It provides for an appreciation of the analysis and the application of different techniques that may be applied to simple valuation problems and how each approach would be used in practice.

Year three

Law of Real Property

Year: 3

This module will consider the fundamental principles and rules of the law of real property. Specifically the module will consider: the distinction between real & personal property; co-ownership; leases & business tenancies; licenses & estoppel; trespass & control of access to land; adverse possession; private planning & freehold covenants; easements & incorporeal hereditaments and mortgages.

Valuation Practice

Year: 3

This module introduces students to a range of traditional valuation techniques and methodologies used by industry. It provides for an appreciation of leases including rent reviews and the implications of the Business Tenancies Order. An introduction to rating law and practice provides the core knowledge relating to liability, valuation methods and appeal procedures.

Property and Capital Market Modelling

Year: 3

This module develops the knowledge base of the students through the enhancement of economic and analytical skills. The module provides students with an awareness of the process and application of economic analysis and the manner of problem solving and decision making through the incorporation of spatial and temporal dimensions. The theories and decision process is applied to an array of practical situations using geographic information, basic statistics skills in property market analysis, and an in-depth understanding of capital markets.

Year four

Real Estate Appraisal and Finance

Year: 4

The module provides students with the basic concepts and theories in valuation and finance and a practical understanding of real estate finance, market value and development appraisal fundamentals. It presents some of the major concepts, principles and analytical methods useful for analysing financial decisions in property development and investment. It also gives students exposure to Excel based evaluation tools which are integral to valuation and measurement practice.

Integrated Regeneration Project

Year: 4

This module develops students awareness of urban regeneration and land development including the concepts of land valuation, land assembly, partnership arrangements, the planning and site context, market research and the overall feasibility of a real life project. It helps students to understand the practical steps taken in developing regeneration sites and the wider implications that these sites have in overcoming complex issues such as unemployment, deprivation or health inequalities etc. Overall students should gain a deeper knowledge of how to approach the redevelopment of brownfield land and the factors linked to its success.

Professional Practice and Ethics

Year: 4

This module develops a range of the professional skills of chartered surveyor working in the real estate industry. The professional body (RICS) places a considerable emphasis on the need for professionalism, professional conduct and legal awareness to be demonstrated by all members. This module provides the student with the knowledge and skills to enable them to self-appraise and become professionally self-aware in developing their career path to become a professional real estate practitioner. Furthermore, the practices of building measurement, along with the procedures for recording, calculating and presentation of measured data are developed which will equip the student with the skills required in a practice based environment. The module also provides learners with practical insights into the different technology and the digitisation of real estate marketing and the wider regulatory framework within which a real estate practitioner resides.

Introduction to Financial Accounting

Year: 4

This module provides an introduction to financial accounting and reporting. The module introduces the student to the study of accounting as it impacts on business and economic activity. In particular it considers the preparation and analysis of basic financial statements and introduces the student to principles and concepts underpinning corporate financial reporting.

Year five

Property Asset Management

Year: 5

This module aims to foster a deep understanding of the fundamental challenges and opportunities presented by investment and occupational property assets. It adopts an approach of proactive asset management and seeks to equip the students with skills to add value to real estate assets and to prepare the student for employment in management of the principal events in the life cycle of property assets.

Investment Valuation and Analysis

Year: 5

This module equips students with the knowledge of the modern techniques applied to income flows, valuation and investment appraisal in the real estate industry, including the ability to apply cash flow techniques and display strong analytical skills to practical industry scenarios. Students should appreciate the various technical and analytical approaches involved in the appraisal and analysis of major capital investments from the basic investment strategy deployed through to the complex cash flow models and funding to critically evaluate the investment performance of property assets.

Applied property data analysis

Year: 5

This module examines principal concepts, theories and practical considerations with respect to pricing models, mass appraisal, applied statistics and inferential analysis. It exposes students to areas of professional practice and allows them through a process of problem solving to gain an in-depth appreciation of the subject matter.

Dissertation I

Year: 5

The module introduces students to the nature of a research investigation, the characteristics and requirements of an undergraduate dissertation and emphasises the compulsory elements underpinning research design including effective time management and research ethics. The module stresses that knowledge of the theoretical and literature base of the subject is critical in the delivery of a research study.

Year six

Statutory valuations

Year: 6

This module examines principles concepts, theories and practical considerations with respect to rating law and practice, compulsory purchase and compensation. It exposes students to areas of professional practice and allows them through a process of problem solving to gain an indepth appreciation of the subject matter.

Dissertation II

Year: 6

The module introduces students to the empirical nature of research and requires students to undertake an empirical investigation to achieve the aim and objectives of their dissertation topic. Emphasis is upon the sourcing and analysis of information and data, the use of appropriate research methods, the presentation, discussion and interpretation of findings and arriving at conclusions relevant to the topic.

Integrated Development & Finance Project

Year: 6

This module is designed to provide a practice-based understanding of sustainable regeneration and real estate development and to enhance student awareness of the innovative finance. Stages in the process include the transposition of knowledge on the various stages of the regeneration process. Investment vehicles, cash flow analysis, partnership modelling, investment strategies and the risk return characteristics form the basis of the second stage of the module. Collectively the module is designed to enhance awareness of the innovative capacity of real estate as an asset class and to inform and educate student of the future drivers of the industry to the potential of regeneration and its role in delivering a sustainable, resilient built environment.

Standard entry conditions

We recognise a range of qualifications for admission to our courses. In addition to the specific entry conditions for this course you must also meet the University’s General Entrance Requirements.

A level

BBC. All subject areas considered.

Applied General Qualifications

QCF Pearson BTEC Level 3 Extended Diploma / OCR Cambridge Technical Level 3 Extended Diploma (2012 Suite)
Award profile of DDD

RQF (2019) Pearson BTEC Level 3 National Extended Diploma / OCR Cambridge Technical Level 3 Extended Diploma
Award profile of DDD

RQF (2016) Pearson BTEC Level 3 National Extended Diploma / OCR Cambridge Technical Level 3 Extended Diploma
Award profile of DMM

QCF Pearson BTEC Level 3 Diploma / OCR Cambridge Technical Level 3 Diploma (2012 Suite)
Award profile of DM plus A Level Grade B

RQF Pearson BTEC Level 3 National Diploma / OCR Cambridge Technical Level 3 Diploma (2019 Suite)
Award profile of DD plus A Level Grade C

RQF Pearson BTEC Level 3 National Diploma / OCR Cambridge Technical Level 3 Diploma (2016 Suite)
Award profile of DM plus A Level Grade C

QCF Pearson BTEC Level 3 Subsidiary Diploma / OCR Cambridge Technical Level 3 Introductory Diploma (2012 Suite)
Award profile of M plus A Level Grades BB

RQF Pearson BTEC Level 3 National Extended Certificate / OCR Cambridge Technical Level 3 Extended Certificate (2019 Suite)
Award profile of M plus A Level Grades BB

RQF Pearson BTEC Level 3 National Extended Certificate / OCR Cambridge Technical Level 3 Extended Certificate (2016 Suite)
Award profile of M plus A Level Grades BB

Irish Leaving Certificate

112 UCAS Tariff Points to include a minimum of five subjects (four of which must be at Higher Level) to include English at H6 if studied at Higher Level or O4 if studied at Ordinary Level.

Irish Leaving Certificate UCAS Equivalency

Scottish Highers

Grades BBCCC. All subject areas considered.

Scottish Advanced Highers

Grades CCD. All subject areas considered.

International Baccalaureate

Overall profile of minimum 25 points (including 12 at higher level). Grade 4 in English Language and Mathematics is also required in overall profile.

Access to Higher Education (HE)

Overall profile of 63% to include 63% in each of the level 3 modules (120 credit Access Course) (NI Access Course).

Overall profile of 15 credits at Distinction and 30 credits at Merits (60 credit Access Course) (GB Access Course)

Applicants who do not have GCSE Maths grade C/4 must also achieve a Pass in NICATS Maths level 2.

To include a 20 credit Level 2 Mathematics module, passed at 40% or successful completion of NICATS Mathematics as part of the pre-2021 Access Diploma.

GCSE

GCSE English and Mathematics at grade C or 4.

Level 2 Certificate in Essential Skills - Communication will be accepted as equivalent to GCSE English.

Please note that for purposes of entry to this course the Level 2 Certificate in Essential Skills - Application of Number is NOT regarded as an acceptable alternative to GCSE Maths.

English Language Requirements

English language requirements for international applicants
The minimum requirement for this course is Academic IELTS 6.0 with no band score less than 5.5. Trinity ISE: Pass at level III also meets this requirement for Tier 4 visa purposes.

Ulster recognises a number of other English language tests and comparable IELTS equivalent scores.

Additional Entry Requirements

HNC
HNC requirement is overall Distinction to include 75 level 4 credits at Distinction for year one entry.

HND Year 1
Pass HND in Land Administration or Estate Management. GCSE Maths Grade C/4 or an alternative Mathematics qualification acceptable to the University is also required.

HND Year 2
Pass HND in Land Administration or Estate Management is overall Merit to include 45 level 5 credits at Distinction.

Ulster Foundation Degree
Pass in Foundation Degree in Property, Planning and Housing with an overall mark of 50% and minimum 50% in all taught level 5 modules for year 2 entry.

For further information on the requirements for this course please contact
the administrator as listed in the Contact details section below.

Exemptions and transferability

Exemptions may be available from some linked HND programmes and in other circumstances on application and based upon evidence of previous experience and / or educational attainment.

For details on exemptions and transferability contact the Programme Director, Dr Lesley Hemphill:

T: 028 9036 6110

E: la.hemphill@ulster.ac.uk

Careers & opportunities

Graduate employers

Graduates from this course are now working for:

  • CBRE
  • Colliers
  • DTZ
  • Knight Frank
  • Lambert Smith Hampton
  • Lisney
  • Savills

Job roles

With this degree you could become:

  • Graduate Valuer
  • Property Developer
  • Property Manager
  • Real Estate Investment Surveyor
  • Real Estate Market Analyst
  • Trainee Surveyor

Career options

Most graduates work as agents buying, selling and letting real estate, or as property managers, valuation surveyors, property development surveyors or investment advisors. Graduates in Real Estate will be capable of fulfilling professional roles, which relate to all aspects of the management of landed property with particular emphasis on financial appraisal and evaluation of real estate in both investment and development terms. The course content addresses legal, economic, financial and environmental issues with a focus across different asset classes, making the course an excellent first degree for a range of careers in business and the built environment. In addition, the course provides an excellent foundation for graduates who wish to undertake postgraduate study or research.

Typical job destinations include:

  • Private sector such as property consultancies, developers, financial institutions, housing associations, charities, estate agents, management companies, investment companies, or research.
  • Public sector such as local authorities/councils such as Belfast City Council, Land and Property Services, NIHE etc.

Professional recognition

Royal Institution of Chartered Surveyors (RICS)

Accredited by the Royal Institution of Chartered Surveyors (RICS) for the purpose of graduate membership.

Apply

Start dates

  • September 2023

Fees and funding

Module Pricing

The price of your overall programme will be determined by the number of credit points that you initiate in the relevant academic year.

For modules commenced in the academic year 2023/24, the following fees apply:

Module Pricing
Credit Points NI/ROI Cost GB Cost International Cost*
120 £4,710 £9,249.60 £15,840
60  £2,355 £4,624.80 £7,920
30 £1,177.50 £2,312.40 £3,960
20  £785 £1,541.60£2,640

NB: A standard full-time undergraduate degree is equivalent to 120 credit points per year.

*Please note our on campus part-time postgraduate courses are not open to international (non-EU) students.

Scholarships, awards and prizes

The top two full-time students in years 1, 2 and 4 (and part-time equivalent) as well as the top placement student qualify for the Real Estate Excellence Awards each year. These awards are sponsored by the real estate industry and are designed to provide recognition to the students for their hard work and commitment to their studies.

Additional mandatory costs

It is important to remember that costs associated with accommodation, travel (including car parking charges) and normal living will need to be covered in addition to tuition fees.

Where a course has additional mandatory expenses (in addition to tuition fees) we make every effort to highlight them above. We aim to provide students with the learning materials needed to support their studies. Our libraries are a valuable resource with an extensive collection of books and journals, as well as first-class facilities and IT equipment. Computer suites and free Wi-Fi are also available on each of the campuses.

There are additional fees for graduation ceremonies, examination resits and library fines.

Students choosing a period of paid work placement or study abroad as a part of their course should be aware that there may be additional travel and living costs, as well as tuition fees.

See the tuition fees on our student guide for most up to date costs.

Contact

We’d love to hear from you!

We know that choosing to study at university is a big decision, and you may not always be able to find the information you need online.

Please contact Ulster University with any queries or questions you might have about:

  • Course specific information
  • Fees and Finance
  • Admissions

For any queries regarding getting help with your application, please select Admissions in the drop down below.

For queries related to course content, including modules and placements, please select Course specific information.

We look forward to hearing from you.


For more information visit

Disclaimer

  1. Although reasonable steps are taken to provide the programmes and services described, the University cannot guarantee the provision of any course or facility and the University may make variations to the contents or methods of delivery of courses, discontinue, merge or combine courses and introduce new courses if such action is reasonably considered to be necessary by the University. Such circumstances include (but are not limited to) industrial action, lack of demand, departure of key staff, changes in legislation or government policy including changes, if any, resulting from the UK departing the European Union, withdrawal or reduction of funding or other circumstances beyond the University’s reasonable control.
  1. If the University discontinues any courses, it will use its best endeavours to provide a suitable alternative course. In addition, courses may change during the course of study and in such circumstances the University will normally undertake a consultation process prior to any such changes being introduced and seek to ensure that no student is unreasonably prejudiced as a consequence of any such change.
  1. The University does not accept responsibility (other than through the negligence of the University, its staff or agents), for the consequences of any modification or cancellation of any course, or part of a course, offered by the University but will take into consideration the effects on individual students and seek to minimise the impact of such effects where reasonably practicable.
  1. The University cannot accept any liability for disruption to its provision of educational or other services caused by circumstances beyond its control, but the University will take all reasonable steps to minimise the resultant disruption to such services.

Testimonials

Ulster University has been the backbone of the education and training of young surveyors for the past four decades. The property course in its different forms over the years has been essential in producing high quality graduates seeking a career in commercial property in both the private and public sector. CB Richard Ellis Belfast has been employing Ulster graduates for many years and has a number of Jordanstown alumni ranging from Director to Placement Student level. We see the Property course at Jordanstown as a key ingredient in the growth of CB Richard Ellis Belfast’. Brian Lavery, Managing Director CB Richard Ellis, Belfast.

‘The Property course offered at Ulster University, Jordanstown, has been the cornerstone of the surveying profession in Northern Ireland for many years and remains at the forefront of current developments in the property market. We consider the Ulster University a strategic partner in our business offering the highest standard of surveying education, research and support not only for the graduates and students that we employ but also in the analysis of the dynamics of the local property market’. Colin McDowell, Director Cushman and Wakefield.

‘This course covers a wide range of topics and provides an excellent understanding of the property profession. I feel that being a Chartered Surveyor offers a very sociable career, with quick career progression and worldwide employment potential. I gained employment soon after graduating and currently work for Homes England in Manchester tasked with increasing the housing provision and housing affordability and I would fully recommend this course as it is a unique, business focused degree that allows for an enjoyable career’. Emma Smyth, Senior Manager, Homes England

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