Master of Business (Property)

Royal Melbourne Institute of Technology

About

Upon graduation with a Master of Business (Property) from RMIT University you will be able to work as a valuer or property professional, including at a high management level.

You will be equipped to work across diverse property industries and sectors.The program structure will provide learning experiences for you to acquire and apply critical knowledge of management theories and property concepts across the property sectors, including valuation.

This program emphasises the practical skills and expertise required to work effectively as a high level property professional and meet the industry need for specialisation.

Structure

All courses listed may not be available each semester

Stage A of Program

Complete ALL Three (3) Courses:

Course Title Credit Points Course Code Campus
Valuation Techniques and Property Analysis 12 OMGT1165 City Campus
Investment Evaluation Techniques for Real Estate 12 MKTG1140 City Campus
Development Decisions 12 OMGT1179 City Campus

Select and complete One (1) Course from:

Course Title Credit Points Course Code Campus
Building Systems 12 BUIL1005 City Campus
AND

Stage B of Program

Select and complete Two (2) Courses from:

Course Title Credit Points Course Code Campus
Real Estate Law 12 JUST1137 City Campus

Complete ALL Two (2) Courses:

Course Title Credit Points Course Code Campus
Industry Studies 12 OMGT1191 City Campus
Research Methods and Philosophy of Knowledge (12cp) 12 PHIL1000 City Campus
AND

Stage C of Program

Select and complete Two (2) Courses from:

Course Title Credit Points Course Code Campus
Property Feasibility 12 MKTG1262 City Campus

Select and complete Two (2) Courses from:

Entry requirements

Academic entrance requirements: You will have successfully completed an undergraduate degree in a relevant discipline, or equivalent. If entering with an undergraduate degree from any other discipline, you will have two – five years relevant industry experience. International English language requirements:

  • IELTS (Academic): 6.5 (no band less than 6.0)
  • TOEFL (Paper based): 580 (TWE 4.5)
  • TOEFL (Internet Based Test – iBT): Overall score of 92 with minimum of 20 in any sections
  • Pearson Test of English (Academic) (PTE(A)): 58 (no band less than 50)
  • Cambridge English – Advanced (CAE): CAE Grade B
  • RMIT English Worldwide (REW) – English for Academic Purposes (EAP) programs: Advanced Plus certificate

Learning outcomes

As a graduate of the Masters of Business (Property) you will have the knowledge, skills and capability to work as a property professional at a high management level. Dependent upon your chosen area of specialisation, you will equipped to work in diverse roles which include as a property developer, property manager and as a valuer. The knowledge, skills and abilities are incorporated into the following aspects of capability. As a graduate of the Masters of Business (Property) you will have developed the following capabilities:

  • Work as a valued and ethical property professional in a diverse range of property related disciplines.
  • Research, interpret, analyse and synthesise knowledge and information from diverse sources
  • Apply knowledge to undertake critical analysis, diagnose and solve problems
  • Assess and manage risk in a strategic way
  • Take a strategic perspective with the ability to implement new directions
  • Communicate effectively in a variety of contexts and modes
  • Reflect on the experience of personal and professional practice and act in professional settings responsibly, ethically and with integrity
  • Engage critically with social, environmental and economic policy and frameworks.

Institution