The MSc Real Estate Economics and Finance programme integrates current academic economic and financial analysis and research with an applied study of real estate markets.
The programme has an international focus that is transferable across countries and institutional settings. You will acquire significant theoretical and technical knowledge to equip you to understand urban economic processes, price determination in land and real property markets, and their interrelation with investment markets, investment analysis and portfolio choice as well as the impact of land use regulations, transport, public policy and socio-economic change. This programme will appeal if you wish to work, or are already working, in a specialised area relating to property and urban analysis, real estate finance or investment analysis.
The programme benefits from a partnership with the Investment Property Forum (IPF), which has included the programme on their selected list of graduate courses that it judges provide the relevant skills necessary for those operating in the property investment market. This recognition comes with a number of benefits for our master's graduates, including fast-track membership to the forum. In addition, the programme has an agreement with the Royal Institution of Chartered Surveyors (RICS), thus conferring professional recognition.
Our MSc graduates enter a wide variety of employment including professional firms, finance, real estate research, consultancy, the public sector and education.
Are you interested in the sourcing, financial analysis, execution of property acquisitions and developments? What are the strategies and decision-making processes for real estate investment, finance and development? How can you successfully manage a real estate portfolio? How do you underwrite and undertake the due diligence of various investment and development opportunities?
The MSc Real Estate is designed for those graduates with a non-property related degree who wish to cross over to the real estate discipline. The programme is for anyone with an interest in the workings of real estate markets and property businesses. Core areas include development and investment appraisal, economics, sustainability, asset management, valuation, international real estate, land and housing market analysis. Graduates will gain the key skills necessary to embark across a wider range of employment opportunities at the local, national and international levels.
The unique qualities which this programme will offer include integrating concepts in finance, investment and valuation with an understanding of the dynamics of property and capital markets. It will provide students with the capacity, skills and knowledge to provide analytical solutions within the property business environment.
The rationale of the Master's Programme in Real Estate is to provide an intensive postgraduate educational opportunity for able and motivated graduates wishing to be real estate professionals by making a career in property at local, national or international level. The subject matter is presented with an international perspective to reflect the increasingly strong role of property in today’s global business economy and to be of relevance to a career incorporating multinational organisations operating particularly in the UK, Europe, UAE, North America and Asia.
The overarching aim of this master's programme is to facilitate the personal and intellectual capacity of full time and part time students and to produce graduates with the knowledge and skills appropriate to the understanding and management of property based on the investment, pricing and financing of real estate assets. The unique qualities which this programme will offer include integrating concepts in finance, investment and valuation with an understanding of the dynamics of land and property markets. It will provide students with the capacity, skills and knowledge to provide analytical solutions within the property business environment.
The programme will also provide for the integration of theory and practice in real estate finance, investment and development appraisal methodologies. The key areas of real estate asset pricing and risk analysis, relevant to the commercial real estate industry, banks and institutional investors, are where the research interests of the core teaching group are closely related to the delivery of the programme. The multidisciplinary nature of the programme will use expertise from professional practice to develop thematic approaches to asset pricing, valuation, risk analysis, finance and investment fund management. Particular emphasis will focus on real estate performance, land and housing markets and the impacts of changes in the economy on yields, rental values, development activity, real estate investment returns, asset management and pricing of multi-asset portfolios.
The Royal Institution of Chartered Surveyors (RICS) as the professional body plays a very significant role in advising and accrediting property related programmes within the School. This MSc in Real Estate is accredited by the RICS for both full-time and part-time modes of delivery.
Attendance with online support/blended learning.
Full-time attendance: 3-4 days per week.
This is a 12-month commitment (four modules or 60 credits in Semesters 1 and 2 , and one module in Semester 3, total credit points equates 180 for the full masters).
Part-time attendance: 1-2 days per week.
This is a 36 -month commitment (2 modules or 30 credits per semester, with a 60 credits dissertation undertaken over the period of one year.
Students take four 15-credit modules per semester and each module equates to a student effort of 150 hours, made up of direct contact hours (i.e. that delivered in the classroom) and the remainder as independent study time which would involve reading books, journals and researching for coursework etc. Students also undertake a 60-credit dissertation in semester 3/year 3, which has limited direct teaching but has a staff supervisory process to support you.
On average the contact time per week for each module will be 5 hours (with a mix of lectures and tutorials) i.e. 5 hours x 4 modules = 20 contact hours. This varies in some modules but will never be more than 5 hours per week per module. Usually these contact hours are spread across a minimum of 3-4 days in the full time mode across 12 weeks per semester. Where possible, there is some timetable provision for evening classes to accommodate part-time students work commitment. However, this is reviewed on an annual basis subject to staff and room resources.
Accredited by the Royal Institution of Chartered Surveyors (RICS) for the purpose of graduate membership.
The programme is designed to provide a wide range of career opportunities for student choice. Employers include major real estate surveying firms, property investment and development companies, financial institutions, specialist research department/companies, governments and other public sector organisations around the world.
Real Estate professionals provide business advice on the purchase, sale, leasing and acquisition of commercial real estate including management of real estate portfolios to maximise the value of real estate as an asset class. Real estate players are able to creatively apply technical, legal and economic knowledge to deliver on a stakeholder’s property objectives and meet current business needs and future strategy.
This course is designed to prepare graduates for future employment in a number of the RICS APC Pathways, which include:
This programme offers a unique focus on the relationship between real estate, the property development process and the planning systems of Europe and beyond. It explores the systems through which urban development operates and considers market mechanisms from the standpoint of investors, developers and occupiers of buildings and the relationship of markets and policy at various geographical levels.
The programme equips students with theoretical and practical preparation to practise across international boundaries in the fields of planning and urban policy, real estate and property market analysis and property development.
Students undertake modules to the value of 180 credits.
The programme consists of six core modules (90 credits), two optional modules (30 credits) and a dissertation (60 credits).
A Postgraduate Diploma, six core modules (90 credits), two optional modules (30 credits), full-time nine months, is offered.
A Postgraduate Certificate, four core modules (60 credits), full-time nine months, is offered.
Options may include the following:
Students seeking RTPI accreditation must take the following:
All MSc students submit a 10,000-word dissertation.
Teaching and learning
The programme is delivered through a combination of lectures (including some by visiting practitioners), individual and group work, student presentations, seminars, study visits, workshops and an overseas field trip. Assessment is through coursework, written examination and the dissertation.
Further information on modules and degree structure is available on the department website: International Real Estate and Planning MSc
Graduates of the programme who were not already employed have taken jobs in private and public organisations in the field of real estate and planning in the UK and abroad.
Graduates of the International Real Estate and Planning MSc have been very successful in gaining subsequent employment, and at present there is a growing demand for our Master's graduates from a wide range of both public and private employers. This programme prepares students both theoretically and practically to practise across international boundaries in the fields of urban policy, real estate market analysis and property development. Students will develop the necessary skills, knowledge and aptitudes to become creative, problem-solving professionals and to co-operate and engage creatively with others as both team members and team leaders. Graduates will also be equipped to engage in research, policy and regulatory activities relating to the field.
The Bartlett School of Planning has a strong history of teaching and research at all levels. The school has been at the forefront of planning research and teaching for over 100 years and is one of the foremost planning schools in the United Kingdom, with an international reputation.
Students will be engaged with practitioners, alumni and academic guests through seminars, site visits and workshops in the UK and overseas. Graduates of the programme will join both the UCL alumni network and the International Real Estate and Planning MSc network.
This MSc programme is fully accredited by the Royal Institution of Chartered Surveyors (RICS). It is also accredited by the Royal Town Planning Institute (RTPI), either with the requisite module selections or where it is taken as a specialist year following an accredited three-year planning degree.
The Master's programme is fully accredited by both RTPI and RICS
The Research Excellence Framework, or REF, is the system for assessing the quality of research in UK higher education institutions. The 2014 REF was carried out by the UK's higher education funding bodies, and the results used to allocate research funding from 2015/16.
The following REF score was awarded to the department: Bartlett School of Planning
81% rated 4* (‘world-leading’) or 3* (‘internationally excellent’)
Learn more about the scope of UCL's research, and browse case studies, on our Research Impact website.
Real Estate is now a worldwide profession for many specialists in the field, investors and property developers, international travellers and businesses. Globalisation has meant that real estate is now visible to each of us in most countries in the world. This presents both huge opportunities and managed risks in countries offering different types of regulation, rules of conduct, registration and assessment methods. Risks are many and varied but include managing fraud, money laundering, protecting money and more. You also have to understand valuation methods inside and out for buying, selling, renting, letting, understanding disputes, issues affecting homes and businesses, auctions, planning issues affecting your property and more. There are now new ways of buying and selling property complete online or by auction models.
Real Estate if a very vocational Master's degree which is open to students from any degree background who want to start a chartered surveying profession in valuation, property investment and development with RICSs accreditation which is recognised globally. The programme is very employable and previous graduates are employed in senior positions in the profession.
The Degree is fully accredited by the Royal Institution of Chartered Surveyors (RICS) allowing graduates to proceed to the RICS Assessment of Professional Competence (APC) following appropriate work experience
The Degree has been running for over 20 years and has established a strong reputation among employers with many past graduates employed in senior positions in the profession.
Employers like the combination of first degree coupled with a postgraduate Masters degree in the specialist area
Average cohort size of 15 to 25 students ensures an interactive, friendly learning environment
International Real Estate module includes a week long European field trip
Find out more detail by visiting the programme web page
Find out about fees
*Please be advised that some programmes have different tuition fees from those listed above and that some programmes also have additional costs.
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