University of Technology Sydney

C10320v2 Bachelor of Property Economics Bachelor of International Studies

Award(s): Bachelor of International Studies (BIntSt)
Bachelor of Property Economics (BPropEc)

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

Notes

This course information relates to students commencing a combined degree with the Bachelor of International Studies in 2022. Students who commenced a combined degree with the Bachelor of Arts in International Studies prior to 2022 should refer to the Handbook for the year they commenced their degree.


Overview
Course aims
Career options
Course intended learning outcomes
Admission requirements
Assumed knowledge
Recognition of prior learning
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.

Combined with the Bachelor of International Studies, the course 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 Identify ethical issues and apply informed ethical judgements in professional Contexts
A.2 Work effectively in culturally diverse contexts
A.3 Understand Indigenous perspectives and apply legal frameworks relating to land use and ownership
C.1 Effectively apply a variety of communication skills and technologies in professional contexts
C.2 Work effectively in a team in a professional context
I.1 Apply innovative information technologies to built environment issues
I.2 Develop alternative, appropriate creative solutions to built environment issues
INT.1.1 Understand and employ effective strategies to operate within professional and everyday settings across diverse cultures in Australia and/or internationally.
INT.2.1 Evaluate critically theoretical and specialised knowledge of contemporary societies, cultures and workplaces.
INT.2.2 Analyse, generate and communicate creative solutions to work-related problems within professional and everyday settings across diverse cultures in Australia and internationally.
INT.3.1 Understand and engage with cultural diversities in Australia and/or internationally.
INT.4.1 Apply knowledge of Indigenous peoples, cultures, languages and histories to practice in Australian and internationally.
INT.5.1 Engage critically with current issues to act in socially responsible ways in Australian and international settings.
INT.6.1 Communicate clearly and effectively in written and spoken language using diverse digital technologies.
P.1 Apply valuation theory and practice in the valuation of property for different purposes
P.2 Analyse data to make investment decisions in various contexts
P.3 Apply economic theory in analysing property markets
P.4 Apply planning principles in various property contexts
P.5 Apply financial principles to property economics issues
P.6 Apply knowledge of law (including Native Title) and regulations in built environment contexts
P.7 Apply knowledge of sustainability and environmental issues in built environment contexts
P.8 Apply construction technology and tender processes in built environment contexts
R.1 Engage in critical and reflective thinking in built environment contexts
R.2 Source, evaluate and use information within defined parameters
R.3 Critically analyse, structure and report the results of 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 selection criteria for the Bachelor of Property Economics (C10310).

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 and for the Bachelor of International Studies offered by the Faculty of Arts and Social Sciences.

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. During their first year of study students will complete a language survey to ensure they commence their language and culture study at the appropriate level.

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

This course is offered on a five-year, full-time basis.

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.

In the International Studies component students select the language they will study at the time of enrolment, and either the Language, Culture and the Professional World pathway or the Culture and Global Exchange pathway. Information relating to entry into the International Honours pathway can be found in the Information for Students section.

Overseas study

In the International studies component students have the following options:

1. Language, Culture & the Professional World: includes an internship and option of a short study abroad experience (2-6 weeks) overseas.

2. Language, Culture & Global Exchange: includes an internship and a 6-month global exchange at any UTS partner university.

3. International Honours: includes a full year at a relevant partner university where you will complete an honours level research project.

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
CBK92057 Country and Language 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 German Language and Culture major, and completing the Language, Culture & the Professional World pathway or the International Honours pathway.

It is recommended that students who elect to complete the Language, Culture & Global Exchange pathway complete 999781 International Research Methods in Year 3 Autumn, so that they can undertake their Exchange session during Year 4 Autumn.

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
16643 Property Market Research and Analysis   6cp
16264 Property Accounting and Financial Management   6cp
Summer session
99218 Intercultural Communication   8cp
Year 2
Autumn session
16634 Financial Analysis   6cp
976421 Contemporary Germany   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
16641 Property Rights and Landlord Tenant Law   6cp
Select 6 credit points of electives   6cp
Year 4
Autumn session
999781 International Research Methods   8cp
Select 16 credit points from the following:   16cp
CBK92076 Pathway Options (Germany) 40cp  
Spring session
Select 24 credit points from the following:   24cp
CBK92076 Pathway Options (Germany) 40cp  
Year 5
Autumn session
16333 Statutory Valuation and Compensation   6cp
16233 Urban Planning Process   6cp
16232 Economics for Policy Analysis   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