1. BSc & BSc Hons (Real Estate)
UNIVERSITY OF PRETORIA
Presentation to the Board of Directors
International Studies
15 November 2018
BSc & BSc Hons (Real Estate)
ERES Education Seminar
2-3 December 2011

2. Introduction
Background
BSc (Real Estate)
BSc Hons (Real Estate)

3. Background First drafts for application in February 1998
Approval for the degree was granted in 2003
Suspended due to concern of student numbers

4. Background Wits and UCT introduced Real Estate degrees
UNISA is currently phasing out Qualifications in Property
SACPVP requested department to consider suitable degree to train valuers

5. Background
Since approval of BSc (RE) degree, other degrees changed to 3 + 2
BSc (RE) was introduced in 2010 as 3 year degree
Need for BSc Hons (RE) degree to commence in 2013 5 5

6. BSc (Real Estate): Currently still very low student numbers
(11 first year, 21 second year)
Mainly due to:
absence of marketing
Hons degree not introduced yet 6 6

7. BSc (Real Estate):
Technical building subjects (BWT, GBD, BOU, HVH, SKE, TPA)
Supporting (KIT, BGG, BHU, OMG)
Town planning (TPD, TRP, TPS, GMC, TPU)
Law (EOW320, BER)
Financial & economics (EKN, FBS, STK)
General (CIL, EOT, WTW, RES)

8. BSc Hons (Real Estate)
Current request to Senate to reintroduce degree from 2013
2 year full time
15 Lectures per week, 28 weeks per year

9. BSc Hons (RE): First year: Research Methodology (NNM710)
Building Cost Estimation (BKR700)
Management Practice (BTP700)
Property Valuation (EDW701)
Property Management (EBS700)
Property Marketing (EBM720) 9 9

10. BSc Hons (RE): Second year: Property Valuation (EDW702)
Property Feasibility Studies (EUS720)
Property Development (EOW711)
Property Investment (PMN710)
Law of Lease Contracts (HKR710)
Practical Devel. Feasibility (POU720)
Treatise (EMW785) 10 10

14. Thank you

16. Thank you

17. Thank you

18. MSc (Real Estate) Facilities Management 821 Property Development 801
Property Investment 820
Property Management 801
Property Valuation 801
Property Valuation 802
Research Methodology 820
Mini-dissertation: Real Estate 892

19. Educational content Global perspectives – little content
Sustainability – incl. in technical subjects
Indirect investment market – incl. in PMN
Diversity – little content
Graduate employability
Property Valuers
Property Development
Property Management 19 19

20. Financial principles in Valuation
Time value of money
Macro economic principles and drivers of value
Influence of finance on value
Basic financial fundamentals of valuation methodology
Relationship between technical and financial aspects of valuation 20 20

21. Thank you