C10310v3 Bachelor of Property Economics
Award(s): Bachelor of Property Economics (BPropEc)UAC code: 602033 (Autumn session)
CRICOS code: 079553C
Commonwealth supported place?: Yes
Load credit points: 144
Course EFTSL: 3
Location: City campus
Overview
Course aims
Career options
Innovation and Transdisciplinary program
Course intended learning outcomes
Admission requirements
Inherent requirements
Assumed knowledge
Recognition of prior learning
Course duration and attendance
Course structure
Course completion requirements
Course diagram
Course program
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.
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 in 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.
Course aims
This course develops a broad base of knowledge of many aspects of the property industry including central concepts of law, economics, valuation, investment and finance, 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.
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.
Innovation and Transdisciplinary program
Transdisciplinarity and Innovation at UTSAll UTS students have the opportunity to develop distinctive capabilities around transdisciplinary thinking and innovation through the TD School. Transdisciplinary education at UTS brings together great minds from different disciplines to explore ideas that improve the way we live and work in the world. These offerings are unique to UTS and directly translate to many existing and emerging roles and careers.
Diploma in InnovationThe Diploma in Innovation (C20060) teaches innovation, supports personal transformation and provides the hard skills needed to support the inventors and inventions of the future. Students come out of the Diploma in Innovation, with the hard skills to create and support sectoral and societal transformation. Graduates are able to fluently integrate ideas, across professional disciplines and are inventors of the future.
All UTS undergraduate students (with the exception of students concurrently enrolled in the Bachelor of Creative Intelligence and Innovation) can apply for the Diploma in Innovation upon admission in their chosen undergraduate degree. It is a complete degree program that runs in parallel to any undergraduate degree. The course is offered on a three-year, part-time basis, with subjects running in 3-week long intensive blocks in July, December and February sessions. More information including a link to apply is available at https://dipinn.uts.edu.au.
Transdisciplinary electives programTransdisciplinary electives broaden students' horizons and supercharge their problem-solving skills, helping them to learn outside, beyond and across their degrees. Students enrolled in an undergraduate course that includes electives can choose to take a transdisciplinary subject (with the exception of students concurrently enrolled in the Bachelor of Creative Intelligence and Innovation). More information about the TD Electives program is available here.
Course intended learning outcomes
| C.1 | Critically evaluate economic and valuation theory, data analytics and financial principles to analyse, interpret, communicate and report on property markets and investment decisions. |
| C.2 | Apply construction technology, cost planning, quantity surveying, and tender processes to develop appropriate and creative solutions to built environment issues. |
| C.3 | Synthesise and apply knowledge of land use, planning and legal and environmental frameworks to planning and property development decision-making. |
| C.4 | Employ creative and innovative use of technology and sustainability approaches to addressing built environment challenges. |
| C.5 | Identify ethical issues and apply informed ethical judgements in diverse local and global professional built environment contexts. |
| C.6 | Critically analyse the intersection between Indigenous contexts, and construction policies and regulatory frameworks and apply communication and engagement skills to work effectively for and with Indigenous Australians in the delivery of housing services and construction activities. |
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.
UTS: Design, Architecture and Building may consider applications based on the results of the Special Tertiary Admissions Test (STAT) if students lack academic qualifications but have extensive professional experience. The STAT is conducted through Australian Council for Educational Research (ACER).
Students who have completed a TAFE Diploma in one the following areas will receive five (5) adjustment points: Valuation/Property Services/Applied Commerce/Business/Conservation and Land Management.
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: IELTS Academic: 6.5 overall with a writing score of 6.0; or TOEFL iBT: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64 with a writing score of 50; or C1A/C2P: 176-184 with a writing score of 169.
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.
Inherent requirements
Inherent requirements are academic and non-academic requirements that are essential to the successful completion of a course. For more information about inherent requirements and where prospective and current students can get assistance and advice regarding these, see the UTS Inherent requirements page.
Prospective and current students should carefully read the Inherent Requirements Statement below and consider whether they might experience challenges in successfully completing this course.
UTS will make reasonable adjustments to teaching and learning, assessment, professional experiences, course related work experience and other course activities to facilitate maximum participation by students with disabilities, carer responsibilities, and religious or cultural obligations in their courses.
For course specific information see the Faculty of Design, Architecture and Building Inherent (Essential) Requirements Statement.
Assumed knowledge
Mathematics and any two units of English.
Recognition of prior learning
Students with prior academic or industrial experience are considered for recognition of prior learning (RPL) 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 course is offered on a three-year, full-time or equivalent part-time basis.
Course structure
The course comprises a total of 144 credit points made up of 120 credit points of core subjects and 24 credit points of electives.
Industrial training/professional practice
In addition to attending classes, students are encouraged 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.
Course completion requirements
| STM90820 Core subjects (Property Economics) | 120cp | |
| CBK92221 Sub-major/Options | 24cp | |
| Total | 144cp |
Course diagram
Course program
The typical course program is shown below.
| Autumn commencing, full time | ||
| Year 1 | ||
| Autumn session | ||
| 16631 Construction and Development Process | 6cp | |
| 16466 Macroeconomics for Property | 6cp | |
| 16217 Built Environment Law & Professional Practice | 6cp | |
| 16216 Introduction to Property and the Built Environment | 6cp | |
| Spring session | ||
| 16264 Property Accounting and Financial Management | 6cp | |
| 16219 Quantitative Analysis for Property | 6cp | |
| 16633 Microeconomics for Property | 6cp | |
| 16298 Property Management | 6cp | |
| Year 2 | ||
| Autumn session | ||
| 16656 Sustainable Construction and Development Management | 6cp | |
| 16234 Property Valuation | 6cp | |
| 16235 Urban Economics | 6cp | |
| Select 6 credit points of options | 6cp | |
| Spring session | ||
| 16233 Urban Planning & Development Process | 6cp | |
| 16642 Property Investment and Valuation | 6cp | |
| 16218 Corporate Real Estate Management | 6cp | |
| Select 6 credit points of options | 6cp | |
| Year 3 | ||
| Autumn session | ||
| 16655 Property Finance | 6cp | |
| 16333 Statutory Valuation and Compensation | 6cp | |
| 16657 Property Investment and Portfolio Management | 6cp | |
| Select 6 credit points of options | 6cp | |
| Spring session | ||
| 16237 Property Taxation | 6cp | |
| 16658 Capstone Project: Property Development Analysis | 6cp | |
| 16232 Applied Economic Analysis | 6cp | |
| Select 6 credit points of options | 6cp | |
Professional recognition
Australian Property Institute (API); Royal Institution of Chartered Surveyors (RICS)
Other information
Further information is available from:
UTS Student Centre
telephone 1300 ask UTS (1300 275 887)
or +61 2 9514 1222
Ask UTS
UTS: Design, Architecture and Building