MSc Real Estate Economics and Finance

About the MSc programme

This programme is based in the Department of Geography and Environment| but involves collaboration with the Departments of Accounting, Finance and Economics and offers the following benefits:

• Study in a Department with a strong group of applied urban and real estate economists and land use specialists situated in the only UK university devoted solely to the social sciences.
• Our master's programme focuses on developing graduates' ability to integrate theoretical developments with practical experience.
• Master's students are drawn from a range of disciplinary and national backgrounds and join a vibrant community of over 200 graduate students studying graduate courses within the Department.
• Our MSc graduates enter a wide variety of employment including professional firms, finance, real estate research, consultancy, the public sector and education. This is an academic programme but it benefits from a partnership agreement with the Royal Institution of Chartered Surveyors conferring professional recognition. In addition, the Investment Property Forum, IPF, has included the programme on their selected list of graduate courses that the forum considers to provide the relevant skills necessary for those operating in the property investment market. This recognition comes with a number of benefits for our master's graduates. Graduates of the MSc REEF will be offered a fast track membership to the forum.

This MSc will appeal if you wish to work, or are already working, in a specialised area relating to property and urban analysis (including research), real estate finance or investment analysis. You should have good analytical, quantitative and technical skills. A thorough grounding in economic analysis, at a level equivalent to a joint degree at least, is a normal requirement for entry.

The programme integrates current academic analysis and research with an applied study of real estate markets and finance. This is done mainly in a European and North American institutional setting.

If you do not hold an honours degree from a UK university you should take the GRE General Test within five years before your application and include your test scores on your application form. (You may also submit a GMAT score, but GRE is preferred). Please see Admissions Enquiries System|. We do not require a specific mark but we do typically expect candidates to score in the top ten percentile in the overall test. However, other qualifications and relevant work experience will be taken into consideration. We recognise that if your first language is not English the test will present special difficulties and we view your score on that basis.

Compulsory courses

(* half unit)

• Real Property Market Practice*
• Applied Urban and Regional Economics
• Real Estate Finance*
• Asset Markets A* or Finance I*

You will also complete a dissertation of 10,000 words. This will give you the opportunity to investigate a topic of interest to you in depth, using the analytical tools and techniques covered in the course. You may choose to draw on your previous experience.

Options

You choose an additional MSc level half unit course from any available in the School, subject to regulations and agreement of the programme director.

You may also choose the full unit course Corporate Finance and Asset Markets instead of one of the following two combinations: (optional) MSc level half unit course plus the half unit course Asset Markets A or (optional) MSc level half unit course plus the half unit course Finance I. The half unit course Asset Markets A cannot be combined with the half unit course Finance I.

In general minimum teaching contact  for a full-unit course is usually 40 hours, and 20 hours for a half-unit.