MSc Real Estate Development

Year of entry: 2020

Overview

Degree awarded
Master of Science (MSc)
Duration
12 months (full-time); 24 months (part-time)
Entry requirements

Minimum 2:1 Honours degree (or international equivalent).

Full entry requirements

How to apply
Apply online

Course options

Full-time Part-time Full-time distance learning Part-time distance learning
MSc Y Y N N

Course overview

  • Study real estate in the world's first industrial city, and the current home to many exciting large-scale development and international investment projects.
  • Explore the relationship between theory and practice and identify the real-life challenges facing the global real estate industry.
  • Receive the perfect grounding for a career in real estate on a course that is fully accredited by RICS.

Open days

The University holds regular open days, where you will have the opportunity to tour the campus and find out more about our facilities and courses.

On this day, you will find out more about the School of Environment, Education and Development and our resources, and meet academic and admissions staff who will be able to answer any questions you have.

For more information, see  Open days

Fees

For entry in the academic year beginning September 2020, the tuition fees are as follows:

  • MSc (full-time)
    UK/EU students (per annum): £10,500
    International students (per annum): £20,000
  • MSc (part-time)
    UK/EU students (per annum): £5,250
    International students (per annum): £10,000

The fees quoted above will be fully inclusive for the course tuition, administration and computational costs during your studies.

All fees for entry will be subject to yearly review and incremental rises per annum are also likely over the duration of courses lasting more than a year for UK/EU students (fees are typically fixed for international students, for the course duration at the year of entry). For general fees information please visit postgraduate fees

Self-funded international applicants for this course will be required to pay a deposit of £1,000 towards their tuition fees before a confirmation of acceptance for studies (CAS) is issued. This deposit will only be refunded if immigration permission is refused. We will notify you about how and when to make this payment.

Additional expenses

An overseas field visit is an optional part of the course.

The cost of the visit is partly covered by the course fee, but there is a student contribution towards the cost of the trip depending on the location.

Policy on additional costs

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

Scholarships/sponsorships

We offer a number of postgraduate taught scholarships and merit awards to outstanding applicants and international students.

In addition, the Manchester Alumni Scholarship Scheme offers a £3,000 reduction in tuition fees to University of Manchester alumni who achieved a first-class Bachelors degree within the last three years and are progressing to a postgraduate taught master's course.

For more information, see Fees and funding or search the University's postgraduate funding database .

Contact details

School/Faculty
School of Environment, Education and Development
Contact name
Recruitment and Admissions Team
Telephone
+ 44 (0) 161 275 0969
Email
Website
https://www.seed.manchester.ac.uk/
School/Faculty
See: The School .

Courses in related subject areas

Use the links below to view lists of courses in related subject areas.

Entry requirements

Academic entry qualification overview

Minimum 2:1 Honours degree (or international equivalent).

English language

Applicants whose first language is not English must meet the following language requirements:

  • IELTS Test score of 6.5 or more overall, with a minimum score of 6.5 in writing and a minimum score of 6.0 in the other subsections
  • TOEFL internet-based test score of 90 or more overall, with a minimum writing score of 22 and no other subsection below 20
  • Pearson Test of English score of 59 or more overall, with a minimum score of 59 in writing and a minimum score of 51 in all other subsections 
  • Cambridge Certificate of Advanced English (CAE) or Certificate of Proficiency in English (CPE) overall score of 176 or above, with 176 in writing and no sub-section below 169

We will consider applicants who do not meet these scores but you may be required to attend a pre-sessional English language course at the University of Manchester, or to demonstrate an improvement in your language scores prior to the start of your course.

English language test validity

Some English Language test results are only valid for two years. Your English Language test report must be valid on the start date of the course.

Other international entry requirements

We accept a range of qualifications from different countries. For these and general requirements including English language see Accepted entry qualifications from your country

Relevant work experience

Admission of candidates who do not meet our academic entry qualification criteria may be approved if satisfactory evidence of postgraduate study, research or professional experience can be provided.

Application and selection

How to apply

Advice to applicants

Please submit the following documents with your completed application form:
  • copies of official degree certificates and transcripts of your previous study, showing the subjects taken and grades obtained. If these documents are in languages other than English please provide official translations;
  • two written academic references on official institution letterhead, signed, dated, stamped and containing the official university email address of your referees. Alternatively, your referees can send us the reference letters directly from their official university email address. If you have had a substantial period away from any formal learning, professional references may be considered. Professional references should be written on official company letterhead, signed, dated, stamped and containing the professional email address of your referees. Alternatively, your referees can send us the reference letters directly from their professional email address.
  • a personal statement (maximum 500 words) detailing why you wish to study the course, your experiences, what you can bring to the course and any other information that you see as relevant to your application;
  • your CV;
  • copies of English Language Certification, eg IELTS, TOEFL or Pearson test score report.
Ensure that you enclose all the necessary documents, as the delay caused in having to seek any missing documents from you might adversely prejudice your application.

How your application is considered

Once your application has been received, our admissions team will contact you. We may ask you to submit additional information, if necessary.

If you decide to accept your offer, when you arrive in Manchester you will be required to show to us the original documents which demonstrate your academic qualifications and your English language ability.

Applications for MSc Real Estate Development are very competitive. Due to the high demand for the programme we may not be able to offer places to all applicants who have the entry qualifications that we require. If we are unable to consider you for an offer you may be placed on a waiting list. Candidates on a waiting list will only be considered for an offer if places become available.

Re-applications

If you applied in the previous year and your application was not successful you may apply again. Your application will be considered against the standard course entry criteria for that year of entry. 

In your new application, you should demonstrate how your application has improved. We may draw upon all information from your previous applications or any previous registrations at the University as a student when assessing your suitability for your chosen course.

Course details

Course description

MSc Real Estate Development is a fast-track conversion course that will allow you to gain the necessary framework of knowledge, understanding and skills to enable you to pursue a successful career in real estate development, in the UK or internationally.

Core course units are shared with our MSc Real Estate Asset Management and will provide a solid grounding in real estate from the perspectives of investor, developer, occupier and the wider global society.

Optional course units allow you to develop deeper knowledge of real estate in areas of particular interest to you.

A residential fieldtrip to London is an integral part of the course, and there is an optional fieldtrip to another major international city.

Aims

You will:

  • develop commercial awareness whilst building your technical real estate knowledge base;
  • develop your analytical and communication skills to present sound, well- justified arguments and solutions to complex problems;
  • gain a global perspective on the challenges facing the real estate profession.

Special features

  • A short residential fieldtrip to London is a core part of this programme. The cost of this field visit is included in the course fee.
  • Enjoy an optional international fieldtrip to explore current urban issues in a city such as Seattle, Toronto, Berlin, Barcelona or Amsterdam (additional cost).
  • Opportunity to work alongside industry-mentors on a real-life project.
  • Based in the `living laboratory' of Manchester, enjoy site visits and expert presentations on industry-leading schemes.
  • Have the flexibility to specialise or mix discipline units, choosing from a wide range of options across real estate, environmental management and planning.
  • Develop practical skills using specialist real estate, statistical or spatial analysis software.
  • Benefit from close staff-student relationships and guided one-to-one supervision.
  • Opportunity to take part in a range of business competitions and entrepreneurship activities.

Teaching and learning

This course is designed to be highly relevant to future employment in the real estate field, with a strong focus on developing commercial awareness and understanding of global issues. We adopt a theoretically informed, practice-orientated, approach to teaching and learning.  This draws on both our world-class research and our excellent links with business and the public sector.

Fieldwork is an important part of the learning experience and all students on this course will take part in the 3-day residential fieldtrip to London, held in October. Successful applicants are expected to be available to attend.

An overseas field visit is an optional part of the course (with an additional charge) and takes place during the second semester or Easter vacation.  Recent locations have included Barcelona, Amsterdam, Seattle, Toronto, and Berlin.  Countries to be visited may change their immigration and visa regulations at short notice. The School of Environment, Education and Development cannot guarantee that, where visas are required for the field course, they will be granted but will ensure that, in the unlikely event that a visa is refused, affected students are not academically disadvantaged.

Other optional units include a consultancy group project, working alongside industry mentors, and the possibility of undertaking a 15-day professional placement, in the UK or international location.

In addition, a comprehensive range of site visits, guest lectures and presentations from business and public organisations are an integral part of the course, and networking opportunities are strongly promoted. 

Part-time students complete the full-time programme over 24 months and study two 15-credit units in each of the autumn and spring semesters over two years. You will start preliminary work on your dissertation during the first year and, on successful completion of all of the taught units, you will complete the dissertation during the summer of your second year.

There are no evening or weekend course units available on the part-time programme, so you will need approval from your employer to have the relevant time off, if you intend to follow the part-time route.  Timetabling information is normally available from late August from the Programme Administrator and you will have the opportunity to discuss course unit choices during induction week with the Programme Director.

Coursework and assessment

The taught elements of the course are assessed on a continuous basis by a variety of methods, including essays, presentations, online tests, topic papers and project reports. Traditional examinations are not used in the core real estate units. The majority of assessment is based on individual work with an element of collaborative project work.

A 15,000-word dissertation is prepared on an approved topic, which is discussed and chosen at the beginning of the second semester and a suitable supervisor allocated. Initial work focuses upon an overview of the chosen topic, a literature review and the design of the methodology to be adopted. During the latter part of Semester 2 and the summer, you undertake the necessary research and analysis, culminating in the writing of your dissertation.

Course unit list

The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.

TitleCodeCredit ratingMandatory/optional
Land and Development PLAN60102 15 Mandatory
Property Valuation PLAN60331 15 Mandatory
Dissertation [MSc RED] PLAN60390 60 Mandatory
Real Estate Markets PLAN61061 15 Mandatory
Planning Powers and Procedures PLAN60021 15 Optional
Professional Placement PLAN60070 15 Optional
Corporate Real Estate Project PLAN60082 15 Optional
Real Estate Investment and Finance PLAN60191 15 Optional
Real Estate Law in Practice PLAN60342 15 Optional
Environmental Impact Assessment PLAN60411 15 Optional
Local Economic Development PLAN60511 15 Optional
Real Estate Modelling PLAN60572 15 Optional
Urban Regeneration (Specialism) PLAN60712 15 Optional
Planning for Environmental Change PLAN60771 15 Optional
International Fieldtrip PLAN60832 15 Optional
Green Infrastructure and Sustainable Cities PLAN60852 15 Optional
International Planning: Systems and Frameworks PLAN60861 15 Optional
Infrastructure Planning PLAN60872 15 Optional
Displaying 10 of 18 course units

Scholarships and bursaries

We offer a number of postgraduate taught scholarships and merit awards to outstanding applicants and international students.

In addition, the Manchester Alumni Scholarship Scheme offers a £3,000 reduction in tuition fees to University of Manchester alumni who achieved a first-class Bachelors degree within the last three years and are progressing to a postgraduate taught master's course.

For more information, see Fees and funding or search the University's postgraduate funding database .

Facilities

You can develop your practical skills in our project rooms and computer suites with specialist real estate, statistical and spatial analysis software.

For more information, see Facilities .

Disability support

Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service.

For more information, email  dass@manchester.ac.uk

Careers

Career opportunities

The course has been specifically designed to equip you for professional practice in real estate in a fast-moving global market.  Opportunities will arise in both the private and public sectors across global consultancies, investment funds and analysts, development companies, government departments and agencies and in regional real estate companies and specialist practices, both in the UK and internationally.

Alongside the award-winning University of Manchester Careers Service, we organise specific careers events each year involving potential real estate employers and an opportunity to network with our previous graduates.   There is very strong demand for our graduates from a wide range of companies.

Our recent real estate graduates have gone on to successful careers with global consultancies, in both UK and international offices, such as Avison Young, CBRE, Colliers International, Cushman & Wakefield, Deloitte, Knight Frank, JLL and Savills.  Our graduates have joined leading investment & development companies such as Bruntwood, Grosvenor, LaSalle Investment Management, Lendlease, Vanke and Wanda and public sector organisations such as Transport for London, NHS trusts and the Valuation Office Agency.

Whilst many graduates aim to embark on the RICS Assessment of Professional Competence and qualify as a Chartered Surveyor, others choose to work more broadly in the real estate field and are now working in fund analysis, site finding or project management.   Others have successfully launched their own business.  If you decide not to follow a vocational career, your wide knowledge base and transferable skills in problem-solving, strategic thinking, teamwork, creativity and communication fit what most employers are seeking; alternatively you may wish to continue with academic study and enrol on a PhD programme.

For more information, see  Careers and employability .

Accrediting organisations

  • Royal Institution of Chartered Surveyors (RICS)