C04008v6 Master of Property Development
Award(s): Master of Property Development (MProDev)CRICOS code: 019745C
Commonwealth supported place?: No
Load credit points: 72
Course EFTSL: 1.5
Location: City campus
Overview
Course aims
Career options
Course intended learning outcomes
Admission requirements
Course duration and attendance
Course structure
Course completion requirements
Course program
Articulation with UTS courses
Professional recognition
Other information
Overview
UTS's Master of Property Development provides a comprehensive understanding of the property development process combined with the practical skills required to work effectively in the industry. This incorporates the political, financial, legal and physical systems that contribute to the successful development of property assets.
In this course, students benefit from close ties to industry. UTS academics have professional backgrounds and connections, and class projects are often based on real development scenarios. Recent project examples include the Gladesville Hospital site, Lindfield Town Centre and the Sydney Light Rail Corridor.
As many students have extensive industry experience too, there are excellent opportunities for peer-to-peer learning and networking across a range of fields including property development, valuation, construction, engineering, town planning and architecture.
Course aims
At UTS, students gain a broad understanding of the property development cycle in a team-based learning environment, enabling them to move beyond niche disciplines into broader management level positions or work with clients in new ways.
UTS also recognises the broad nature of the property industry. Students can tailor their degree thanks to the extensive range of specialist electives available, including finance, conservation, urban design, global trends and commercial property. With a strong foundation in planning, students are also eligible for significant block credit in the Master of Planning (C04007).
Career options
The degree provides property-related professionals such as architects, engineers, construction managers, valuers, planners and business or finance professionals the opportunity to broaden their knowledge and qualifications and obtain a more holistic understanding of property development and related processes. This enables graduates to expand their careers or move outside of their original professional area to higher or broader roles within the property development industry and/or offer new services to clients.
Graduates completing the UTS Master of Property Development Valuation sub-major meet the educational requirements for accreditation as a Certified Practising Valuer (CPV) by the Australian Property Institute.
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 interpret 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 project teams in property development |
| I.1 | Develop alternative, appropriate creative solutions to built environment issues |
| P.1 | Demonstrate a comprehensive theoretical understanding of property valuation methodologies together with the capacity to prepare valuation assessments to a professional standard |
| P.2 | Apply a theoretical and practical understanding of research methods to the investigation and analysis of property markets |
| P.3 | Apply a comprehensive understanding of property market drivers and key risk analysis techniques applicable to contemporary industry based practice |
| P.4 | Demonstrate a theoretical and practical understanding of built environment law and procedures in a variety of property-related contexts |
| P.5 | Apply a comprehensive theoretical understanding of sustainable urban development principles to contemporary property development contexts |
| P.6 | Synthesise knowledge related to a wide spectrum of property and asset management issues to the analysis of practice based property portfolio scenarios |
| P.7 | Apply a comprehensive understanding of contemporary theory in the financial management and financing of property developments to professional practice |
| P.8 | Apply appropriate technical analytic skills to a professional standard |
| R.1 | Demonstrate knowledge of research principles and methods applicable to property development |
| R.2 | Apply cognitive, technical and creative skills to evaluate and synthesise complex ideas and concepts in property development |
Admission requirements
Applicants must have completed a UTS recognised bachelor's degree, or an equivalent or higher qualification, or submitted other evidence of general and professional qualifications that demonstrates potential to pursue graduate studies.
Applicants must have one of the following:
- a UTS recognised bachelor's degree, or equivalent, at a credit level, from one of the following disciplines: architecture and building, engineering, management and commerce, law, economics and econometrics, or
- a completed UTS Graduate Diploma in Property Development, or
- a completed UTS Graduate Diploma in Construction Management with a credit average.
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.
Course duration and attendance
The course is offered on a one-and-a-half-year, full-time or three-year, part-time basis. The course features intensive block attendance patterns.
Course structure
Students must complete 72 credit points made up of 48 credit points of core subjects and 24 credit points of property options.
Course completion requirements
| STM91265 Core subjects (Property Development PG) | 48cp | |
| CBK90622 Options (Property Development PG) | 24cp | |
| Total | 72cp |
Course program
The example programs below are for a student commencing in Autumn or Spring session and undertaking the course full time.
| Autumn commencing, full time | ||
| Year 1 | ||
| Autumn session | ||
| 15142 Property Development Process | 6cp | |
| 12535 Development Feasibility and Modelling | 6cp | |
| 12518 Property Transactions | 6cp | |
| 17700 Planning and Environmental Law | 6cp | |
| Spring session | ||
| 15146 Sustainable Urban Development | 6cp | |
| 15143 Group Project A: Urban Renewal | 6cp | |
| Select 12 credit points from the following: | 12cp | |
| CBK90622 Options (Property Development PG) | 24cp | |
| Year 2 | ||
| Autumn session | ||
| 17551 Property Market and Risk Analysis | 6cp | |
| 17704 Property Development Finance | 6cp | |
| Select 12 credit points from the following: | 12cp | |
| CBK90622 Options (Property Development PG) | 24cp | |
Articulation with UTS courses
This course is part of an articulated program comprising the Graduate Certificate in Property Development (C11271), the Graduate Diploma in Property Development (C06006) and the Master of Property Development.
Professional recognition
The course is accredited by both the Australian Property Institute and the Royal Institute of Chartered Surveyors.
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