Master of Property

Course MC-PROP3Y (2011)

Note: This is an archived Handbook entry from 2011.

Year and Campus: 2011 - Parkville
CRICOS Code: 061195A
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Level: Graduate/Postgraduate
Duration & Credit Points: 300 credit points taken over 36 months full time. This course is available as full or part time.

Coordinator

Dr Chris Heywood

Contact

Environments and Design Student Centre
Ground Floor, Baldwin Spencer (building 113)

Enquiries
Phone: 13 MELB (13 6352)
Website: http://www.msd.unimelb.edu.au

Course Overview: The Master of Property is a professional program for graduates wanting to gain employment in the property industry. The Master of Property focuses on real-world projects which range across the full property and development cycle, preparing students for the realities of professional life. It allows students to develop and build on expertise in valuation, property development and property management. This program also provides the opportunity to take research subjects which may enable students to progress to further studies as a PhD candidate.
Objectives: The Master of Property aims to:
  • Engage with specialist topics within a multi-disciplined field of endeavour;
  • Extend the knowledge gained in prior learning and experience into a deeper understanding of the professions in property;
  • Obtain cutting-edge technical and managerial expertise;
  • Be informed about the current major research and theoretical aspects of their disciplines;
  • Be able to apply theory to the property; and
  • Be provided with an appropriate advanced program to enable study in a research higher degree.
Course Structure & Available Subjects:

All students must complete:

200 points of core subjects

75 points of property electives

25 points multidisciplinary electives

Subject Options:

First year core subjects (100 points)

Students should take FNCE90055 "Financial Decision Making" before commencing ACCT90004 "Accounting for Decision Making".

Subject
Study Period Commencement:
Credit Points:
Summer Term, Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50

Second / third year core subjects (100 points)

Subject
Study Period Commencement:
Credit Points:
Semester 1
12.50
Semester 1
12.50

Property electives (75 points)

*Please Note: ABPL90016 Asset Management will NOT run in 2012.
Subject
Study Period Commencement:
Credit Points:
Semester 1
12.50
Not offered in 2011
12.50
Not offered in 2011
12.50
Not offered in 2011
12.50
Not offered in 2011
25

Multidisciplinary electives (25 points)

Students may choose any masters level subjects including -

  • Melbourne School of Design graduate subjects without prerequisites. To view list click here.
  • Melbourne School of Design graduate subjects with prerequisites (provided prerequisites are met).
  • Any University of Melbourne graduate subject provided pre-requisites are met and written approval from the home faculty plus the Master of Property course coordinator is submitted to the Environments and Design Student Centre.

To view a sample course plan go to:

http://www.msd.unimelb.edu.au/property/property-degrees.html?CollapsiblePanel2=open#structure
Entry Requirements: 1. The Selection Committee will evaluate the applicant’s ability to pursue the course successfully using the following criteria:
  • an undergraduate degree in any area with at least H3 (65%) average in the final two years, or equivalent; and
  • a personal statement of no more than 1000 words outlining relevant prior study and work experience, and motivation to undertake the course.

2. The Selection Committee may conduct interviews and tests and may call for referee reports and employer references to elucidate any of the matters referred to above.

For information about the two year Master of Property program, designed for students with a cognate undergraduate degree click here.

For information about how to apply click here.

Core Participation Requirements:

The Melbourne School of Design is the graduate school of the Faculty of Architecture, Building and Planning. It offers professional entry programs in Architecture, Construction Management, Landscape Architecture, Property and Urban Planning. It offers specialist development programs in Property Valuation, Planning and Design and in Urban Design.

The Melbourne School of Design welcomes applications from students with disabilities. It is the University and Faculty (Architecture, Building and Planning) policy to take reasonable steps to make reasonable adjustments so as to enable students’ participation in degrees offered by the Melbourne School of Design (MSD).

A candidate for degrees offered in the MSD must have abilities and skills which include the following: observation; communication; motor; conceptual, integrative, and quantitative; and
behavioural and social. Adjustments can be provided to minimise the impact of a disability, however, particularly at Masters level, students need to be able to participate in programs in an independent manner and with regard to their safety and the safety of others.

(i) Observation: Candidates must be able to read text, diagrams, maps, drawings and numerical data. Candidates should be able to observe details at a number of scales and to record useful observations of environmental contexts.

(ii) Communication: Candidates should be able to communicate with fellow students, professional and academic staff, members of relevant professions and the public. Candidates
must be able to communicate effectively and sensitively. Communication includes not only speech but also reading and writing.

(iii) Motor: Candidates should have sufficient motor function to elicit information from environmental contexts. Off campus investigations may include visits to construction sites,
urban, rural and/or remote environments. Candidates should have sufficient motor ability to prepare documentation of analytic texts, drawings and models of findings and for the
preparation of proposals for environmental interventions via digital or other means. Candidates should have the ability to actively participate in appropriate site and/or design
studio-based activities.

(iv) Intellectual-Conceptual, Integrative and Quantitative Abilities: These abilities include measurement, calculation, reasoning, analysis, synthesis and, importantly, the ability to
interpret results of such work. Problem resolution, the critical skill demanded of graduates, requires all of these intellectual abilities. In addition, given the disciplines pursued in the
MSD, candidates should be able to comprehend three-dimensional relationships and to understand the spatial relationships in environmental structures of a wide range of scales –
from smaller than the individual through individual buildings and urban spaces to large geographic areas. Further, graduate study entails learning to master one’s own abilities and
skills and to deploy them strategically. This requires further developing skills in both reflective and reflexive thinking and being able to practice these skills.

(v) Behavioural and Social Attributes: A candidate must possess behavioural and social attributes that enable them to participate in a complex learning environment. Students are
required to take responsibility for their own participation and learning. They also contribute to the learning of other students in collaborative learning environments, demonstrating
interpersonal skills and an understanding of the needs of other students. Assessment may include the outcomes of tasks completed in collaboration with other students.

Students who feel a disability will prevent them from meeting the above academic requirements are encouraged to contact the Disability Liaison Unit.

Graduate Attributes:

The Master of Property has been specifically designed around the University of Melbourne graduate graduate attributes and the requirements of professional associations. The Master of Property will incorporate research-led teaching, problem-based collaborative learning, professional engagement and a diverse mature cohort.

Graduates of the Master of Property will have high level professional and intellectual capabilities enabling them to demonstrate leadership, a commitment to life-long learning, and professional integrity. They will find employment as property valuers, land economists, property managers, property analysts, property investment advisers and property development advisers.

Professional Accreditation: It is expected that graduates of the Master of Property will have completed the academic requirements for membership of:
  • Australian Property Institute
  • Royal Institution of Chartered Surveyors
Links to further information: http://www.msd.unimelb.edu.au/property/

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