This programme exposes students to a broad knowledge base including finance, economics, property law, and appropriate communication and computer skills. In addition, students develop particular skills in property valuation and development. These include evaluating and structuring finance for property investments, assessing feasibility and risk in property developments, valuing property assets, managing property portfolios, designing and implementing facilities management programmes, and managing the procurement of buildings.
Aims of the Programme
To provide graduates to the property industry, and related professions who possess entrepreneurial and business skills appropriate to a broad range of vocations in the built environment and, together with the BSc(Hons) in Property Studies and appropriate experience, meet the education requirements towards registration with the South African Council for the Property Valuers Profession; and the Royal Institution of Chartered Surveyors; and to provide graduates with life skills.
Outcomes of the Programme
Upon completion of the BSc in Property Studies programme, the graduate is competent to:
compute various mathematical functions including financial analysis and undertake basic statistical tests
use appropriate information technology hardware and software for the collection, analysis and presentation of information
manage tender and contractual documents relating to building work
carry out the measurement of land and buildings, produce drawings and represent information graphically
undertake the financial management of property developments
value property for various purposes using various methods and produce a valuation report
understand and evaluate economic issues concerning the property sector and the property firm at both a micro and a macro level
understand the time value of money and its application to capitalisation
apply discounted cash flow techniques in the evaluation of alternative property investments
communicate with property and construction professionals about spatial concepts, financial issues and construction assembly problems
inter-relate with colleagues and successfully manage and/or participate in team working situations
appreciate social and commercial business values within the context of codes of professional conduct and legal liability
construct solutions which relate to practical problems and resolve disputes using appropriate methods
frame research questions, identify, collect and collate primary and secondary data sources and have an understanding of quantitative analysis methods
Programme Structure
The curriculum for the programme shall extend over not less than 3 academic years of study.
Entry Requirements
A person who wishes to be admitted as a candidate for the Bachelor of Science in Property Studies degree programme must:
obtain the National Senior Certificate endorsed for degree studies
write the National Benchmark Tests
obtain the required number of points (applicable to candidates writing the South African National Senior Certificate Examination)
satisfy specified subject requirements
or have a degree from this, or another university recognised for the purpose by the Senate
