During recent decades property development has become a more complex process. The need to adapt to economic change, evolving funding mechanisms, legal developments, technological change, and political and environmental issues pose challenges for the property professional.
This course is intended for non-surveying graduates working, or intending to work, in property development and related fields for public authorities, commercial organisations, property or construction companies, and private practice firms.
This course will provide you with the knowledge and skills enabling you to offer specialist advice in the field of property development. On completion you'll be able to offer a broad range of expertise, harnessing your first discipline with the theories, practices and techniques of the planning and development surveyor.
Extensive use is made of outside speakers many of whom are drawn from our own alumni; some of whom have successfully established their own property development companies.
See the website http://www.lsbu.ac.uk/courses/course-finder/property-development-planning-msc
Modules are assessed by combination of course work, project work and examinations.
- Institutional and legal context for property
This module focuses on introducing students to the various areas of law and issues of professional practice used and applied in the construction and property industries.
- Construction and planning
A module to provide a broad and critical perspective on planning and construction, as well as an understanding of the context within which planning and construction decisions are made and implemented.
This module is intended to allow the theoretical knowledge gained in a series of lectures and workshops to be applied in practice. The module will consider the fundamental principles of valuation, valuation formula and discounted cash flows. It will examine the methods used in the valuation of office, retail, industrial and residential properties. The module will also introduce the process of development and redevelopment of property.
- Applied valuations and the management of property interests
This module gives a practical insight into managing property. The roles and responsibilities of both landlords and tenants are considered in property management. Financial calculations that inform property management decisions are also considered.
- Economics for property professionals
This module provides an introduction into a set of theoretical and practical principles that enable property professionals to develop, manage and grow successful businesses.
- Property development process
This module provides a broad and critical perspective on property development and an understanding of the context within which property development decisions are made and implemented.
- Project finance
This module provides the necessary skills and knowledge for project funding, project evaluation and management in the property industry.
- Planning law and practice
This module examines the history of planning and the evolution of the theories, ideas and practices that have underpinned its attempts to intervene in the natural and built environment.
The module provides the opportunity for students to undertake an independent piece of research, investigating in depth a subject, in which, they have a particular interest and of their own selection. Each student will submit a dissertation of between 15,000- 20,000 words. The module includes teaching of research methods.
Please be aware that option selection is subject to availability.
- Behavioural finance
The module develops a comprehensive understanding of the decision-making process in any real estate decision and it transition mechanism to market prices.
- Building control
The module focuses upon the control and enforcement of the Building Regulations and associated legislation, along with supporting technical documents and alternative solutions, to meet specific regulative requirements as they apply to various building schemes.
- Building information modelling and collaborative working
A module to provide a general understanding of the role that BIM can play throughout the design, construction and operation of building assets. It looks to identify and develop the necessary managerial, technical and interpersonal skills required to deliver better value through a collaborative BIM approach.
- Health and safety management in construction
This module focuses on the management of safety on site – a process that can be applied to a wide range of work settings and project types.
- History of architecture and construction
This module examines the inter-relationship between building design and production as it occurred throughout historical time. Particular attention will be paid to those periods in history when major transformations occurred in architectural style and the building process. Other historical themes will also be pursued.
- International real estate and construction
This module introduces students to the international context of real estate markets, construction industry and project development. It specifically focuses on the activity of international real estate investors and large construction companies. The module also provides students a comparative perspective on real estate markets and construction process.
- Legal resolution of property and construction disputes
This module focuses on the range of dispute resolution techniques used by construction and property professionals to resolve and manage disputes in the construction and property industries.
On completion of the course you will be able to offer a broad range of expertise, harnessing your first discipline with the theories, practices and techniques of the planning and development surveyor.
To date employment prospects have been excellent, covering a wide range of potential opportunities in commercial and residential property markets.
LSBU Employability Services
LSBU is committed to supporting you develop your employability and succeed in getting a job after you have graduated. Your qualification will certainly help, but in a competitive market you also need to work on your employability, and on your career search. Our Employability Service will support you in developing your skills, finding a job, interview techniques, work experience or an internship, and will help you assess what you need to do to get the job you want at the end of your course. LSBU offers a comprehensive Employability Service, with a range of initiatives to complement your studies, including:
- direct engagement from employers who come in to interview and talk to students
- Job Shop and on-campus recruitment agencies to help your job search
- mentoring and work shadowing schemes.
The MSc/PgDip is fully accredited by the Royal Institution of Chartered Surveyors; this will allow entry to their Project Management Faculty through the Assessment of Professional competence.
The Royal Institution of Chartered Surveyors (RICS) is the world's leading professional body for setting standards in the surveying industry. They have accredited our degrees and diplomas for almost 50 years.
London location affording access to:
- Major development areas and schemes to visits / study
- The main offices of the country's leading property consultancies and companies
- The RICS headquarters and its library
- Other professional and academic libraries and exhibitions
- A well developed alumni organisation
- Extensive programmes of talks and lectures, promoted by the RICS and others, often at reduced cost or free to students.
Expertise and history
London South Bank University has a long history of educating professionals for the building-related industries. With roots in London Council School of Building (1904), Brixton School of Building (1940) we have been offering training for this sector for over 100 years.
Today we are expert at attracting property and construction students from the UK and around the world. Much of this is down to the highly successful links we have with major real estate consultancies, property companies, contractors, cost consultants and developers to ensure our courses are highly relevant for the current market.
Today, according to the Guardian PG subject tables 2013 we are the largest School of Building and Town Planning in the UK (combining full-time and part-time modes of study) and our building graduates have the best employment prospects in London (Complete University Guide 2014).
Our current students and alumni hold key positions in their organisation, often as senior managers and business owners.