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C10320v1 Bachelor of Property Economics Bachelor of Arts in International Studies

Award(s): Bachelor of Property Economics (BPropEc)
Bachelor of Arts in International Studies (BA Int St)

UAC code: 609200(Autumn session)
CRICOS code: 079556M
Commonwealth supported place?: Yes
Load credit points: 240
Course EFTSL: 5
Location: City campus

Overview
Course aims
Career options
Course intended learning outcomes
Admission requirements
Assumed knowledge
Credit recognition
Course duration and attendance
Course structure
Course completion requirements
Course program
Honours
Professional recognition
Other information

Overview

For students thinking about a career in business, economics or property, the Bachelor of Property Economics provides the edge required to get started in a global industry.

The combined Bachelor of Property Economics Bachelor of Arts in International Studies provides students specialising in property economics with additional practical skills by providing the opportunity to acquire knowledge and understanding of a language other than English and another culture.

In this degree students learn the specialist knowledge required to enter the property sector, with skills in property valuation, market analysis, investment and development. Their skill set is just as relevant locally as it is internationally.

This degree covers economic, legal and financial disciplines, giving students the flexibility to pursue a variety of career paths. This business knowledge is also transferable, providing options for a transition to other sectors as careers develop.

UTS graduates are highly sought after and have excellent starting salaries: the property industry actively recruits property economics students. Most students are working within the industry by their third year of study.

This job-readiness results from UTS's industry connections: the curriculum was developed in consultation with industry, guest lecturers come from industry, and students work with real-world projects such as Barangaroo, Central Park and Green Square.

The degree structures classes so that students do a mixture of individual and team-based work mixing theory and practice. This means graduates seamlessly fit into team-based, workplace environments.

A further two years of study introduce and consolidate the learning of a language and culture other than English.

Course aims

This course develops a broad base of knowledge of many aspects of the property industry, including central concepts of law, economics, finance and valuation, and related fields of property management, construction, development, urban planning and accounting. This provides students with a broad and coherent understanding of property alongside a deeper understanding of valuation and the legal, economic and financial concepts that underpin valuation.

It also develops perspectives and understandings that enable graduates to meet the demands of an internationalised professional environment.

Career options

Career options include property valuer, property and asset manager, property market analyst, property sales and acquisitions, property developer, funds manager, and corporate real estate adviser.

Course intended learning outcomes

A.1 Ability to identify ethical issues and concerns
A.2 Ability to apply informed sound ethical judgement in professional contexts
A.3 Ability to work in cultural diverse contexts and understand indigenous perspectives to meet stakeholders' objectives
C.1 Ability to effectively apply a variety of communication skills and technologies in professional contexts
C.2 Ability to work effectively in a team in a professional context
I.1 Openness to consideration of creative and innovative ideas
I.2 Ability to develop alternative, appropriate creative solutions to built environment issues
I.3 Ability to apply economic theory in analysing property markets
INT.1.1 Graduates will have the capacity to operate appropriately in intercultural professional contexts
INT.1.2 Graduates will demonstrate the application of international knowledge as adaptable, flexible and resourceful practitioners
INT.1.3 Graduates will have a broad and coherent understanding of the historical, political, cultural, social and economic situations in other countries
INT.2.1 Graduates will be able to creatively design and conduct independent, engaged and ethical research in and about other cultural contexts and societies
INT.2.2 Graduates will possess critical problem-solving and research-led analytical skills in international and intercultural change
INT.3.1 Graduates will be able to personally reflect upon the relationship between diverse cultures in Australia while confidently engaging successfully with cultures overseas, particularly in this region
INT.4.1 Graduates will have the capacity to reflect upon and contextualise Indigenous peoples' experiences and circumstances to professional and social situations as and when appropriate
INT.5.1 As informed and engaged international citizens, graduates will demonstrate cosmopolitan openness, with an awareness of, and commitment to, ethical practices
INT.6.1 Graduates will possess a high-level of oral and written communication skills in English and, where relevant, a developed level of oral and written communication skills in at least one language other than English`
P.1 Ability to correctly apply valuation theory and practice in the valuation of property for different purposes
P.2 Ability to make investment decisions in various contexts
P.3 Ability to apply economic theory in analysing property markets
P.4 Ability to apply planning principles in various contexts
P.5 Ability to apply financial principles in various contexts
P.6 Ability to apply knowledge of law and regulations in built environment contexts
P.7 Ability to apply knowledge of sustainability and environmental issues in built environment contexts
P.8 Ability to apply construction technology and tender processes in built environment contexts
R.1 Ability to engage in critical and reflective thinking in built environment contexts
R.2 Ability to source, evaluate and use information within defined parameters
R.3 Ability to analyse, structure and report the results of research
R.4 Ability to demonstrate judgement in critical analysis of independent research

Key

INT = International Studies course intended learning outcomes (CILOs)

Admission requirements

Applicants must have completed an Australian Year 12 qualification, Australian Qualifications Framework Diploma, or equivalent Australian or overseas qualification at the required level.

Admission to the combined degree is on merit according to the admissions policy for the Bachelor of Property Economics (C10310).

There is a range of entry levels to the various language and culture programs. Students are admitted to the international studies program with no guarantee of entry to a specific major, although every effort is made to meet students' preferences.

Students must refer to the inherent requirements for all degrees offered by Design and Architecture in the Faculty of Design, Architecture and Building.

The English proficiency requirement for international students or local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64; or CAE: 176-184.

Eligibility for admission does not guarantee offer of a place.

International students

Visa requirement: To obtain a student visa to study in Australia, international students must enrol full time and on campus. Australian student visa regulations also require international students studying on student visas to complete the course within the standard full-time duration. Students can extend their courses only in exceptional circumstances.

Assumed knowledge

Mathematics and any two units of English. There are no prior language requirements for the international studies program.

Credit recognition

Students with prior academic or industrial experience are considered for credit recognition and may be given the opportunity to tailor their program of study in line with subjects completed previously at other institutions.

Course duration and attendance

The combined program is offered on a five-year, full-time basis. Students spend two sessions of study at a university or other higher education institution in the country of their major.

Course structure

Students are required to complete 240 credit points of study, comprising 144 credit points in property economics and 96 credit points in international studies.

The Bachelor of Arts in International Studies requires undergraduates to study a region or country major over a minimum of three years. The Bachelor of Arts in International Studies is not offered as a separate degree, but is completed only in combination with the professional degree program.

Overseas study

Students spend their fourth year of study at a university overseas.

Industrial training/professional practice

In addition to attending classes, students are required to gain practical experience in appropriate professional or industrial organisations. Full-time students undertake practical studies as part of the program included in core subjects.

They are also required to gain approved professional experience in the final two full-time years of their programs. Part-time students are required to enrol each year, except Year 1, in the professional/industrial experience subject and to supply details of the experience gained.

Course completion requirements

STM90820 Core subjects (Property Economics) 120cp
CBK90005 Country major choice 96cp
CBK90242 Sub-major/Electives (DAB) 24cp
Total 240cp

Course program

The example program below is for a student commencing in Autumn session and undertaking the course with the Germany major as the international studies major. Other countries may be chosen from the list of majors in CBK90005; the program has the same structure but with subjects specific to the chosen country major.

Year 1
Autumn session
16467 Built Environment Law and Ethics   6cp
16466 Built Environment Economics   6cp
16631 Construction and Development Process   6cp
16234 Property Valuation   6cp
Spring session
16632 Built Environment Law and Professional Practice   6cp
16633 Microeconomics for Property   6cp
16634 Financial Analysis   6cp
16264 Property Accounting and Financial Management   6cp
Year 2
Autumn session
16641 Property Rights and Landlord Tenant Law   6cp
976001 Foundations in International Studies   8cp
97601 German Language and Culture 1   8cp
Select 6 credit points of electives   6cp
Spring session
97602 German Language and Culture 2   8cp
16231 Property Management   6cp
16642 Property Investment and Valuation   6cp
Select 6 credit points of electives   6cp
Year 3
Autumn session
97603 German Language and Culture 3   8cp
16655 Property Finance   6cp
16235 Urban Economics   6cp
Select 6 credit points of electives   6cp
Spring session
97604 German Language and Culture 4   8cp
976421 Contemporary Germany   8cp
16643 Property Market Research and Analysis   6cp
Select 6 credit points of electives   6cp
Year 4
Autumn session
977420 In-country Study 1: Germany   24cp
Spring session
978420 In-country Study 2: Germany   24cp
Year 5
Autumn session
16333 Statutory Valuation and Compensation   6cp
16233 Urban Planning Process   6cp
16232 Property and Political Economy   6cp
Spring session
16658 Capstone Project: Property Development Analysis   6cp
Select one of the following: 6cp
      16657 Property Investment and Portfolio Management 6cp  
      16656 Sustainable Construction and Development Management 6cp  
16237 Property Taxation   6cp

Honours

Students who achieve a minimum of a credit-weighted average mark in their first two levels of study may be invited to undertake the honours program. The honours program is taken as specialised subjects, focusing on property research and analysis, an honours research proposal and a thesis.

Professional recognition

Australian Property Institute (API); Royal Institution of Chartered Surveyors (RICS).

Other information

Further information is available from the UTS Student Centre on:

telephone 1300 ask UTS (1300 275 887)
or +61 2 9514 1222
Ask UTS
UTS: Design, Architecture and Building
UTS: International Studies