Masters in Real Estate Investment and Finance (Flexible)

Program Overview

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The Flexible MSc Real Estate Investment and Finance Programme is a part-time, 6-year program designed for working professionals in the real estate sector. It provides an advanced learning platform, combining academic rigor with practical application, and prepares graduates for membership in the Royal Institution of Chartered Surveyors. With a focus on real estate portfolio management, corporate finance, and investment appraisal, the program offers a comprehensive curriculum delivered by renowned experts.

Program Outline

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Degree Overview:

The Flexible MSc Real Estate Investment and Finance Programme is designed for working professionals in the real estate sector who wish to enhance their careers or for those in other business sectors who want to switch to or specialize in commercial real estate and real estate investment & finance.

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Objectives:

• To provide an advanced learning platform for working professionals.
• To be globally relevant, combining academic rigor with real-world practical application and insight.
• To embed a range of activities focused on the students' personal and professional development.
• To prepare graduates for membership of the Royal Institution of Chartered Surveyors (RICS) following two years of relevant professional experience and the completion of an assessment of professional competence (APC).

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Outline:

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Program Structure:

• Students are required to complete 180 credits within the 6-year registration period.
• This comprises four, 20-credit core modules along with either five, 20-credit optional modules or three, 20-credit optional modules plus the 40-credit optional dissertation module.

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Course Schedule:

• Teaching is based on a part-time block release basis.
• Each module is intensively delivered over four days, usually Monday to Thursday.
• Students can complete all the modules between 2 to 6 years.

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Individual Modules:

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Semester 1:

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Compulsory Modules:

• Real Estate Portfolio Management (REMB22): Examines investment strategy, portfolio selection, and performance measurement for real estate investment markets, with particular reference to private/direct real estate investment.
• Corporate Finance (REMB31): Presents concepts of real estate finance, both theoretically and empirically.
It covers corporate finance (funding and valuation) applied to real estate topics.

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Optional Modules:

• Real Estate Development (REMB16): Focuses on the practicalities of real estate development and the broader political context in which development takes place.
• International Real Estate (REMB26): Covers international market analysis, analysis of European real estate markets, and an introduction to global market analysis.
• Real Estate Funding (REMB38): Reviews the main sources of debt and equity funding available in real estate investment markets, presenting the implications for ownership, cash flows, and rates of return.
• Real Estate Asset Management (REMB41): Explores both practical and strategic aspects of real estate management for commercial property, focusing on asset and property management.

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Semester 2:

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Compulsory Modules:

• Real Estate Investment Appraisal (REMB05): Develops the theory and practice of appraisal for individual property investments, mainly in the context of the commercial and industrial real estate investment markets.
• Residential Real Estate and Policy (REMB35): Provides students with an awareness of the economic principles that underpin residential property markets and relevant government policies.

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Teaching:

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Teaching Methods:

• Similar to corporate training methods, the flexible courses are based around relatively short periods of intensive study which are then reinforced by your experience in practice and web-based learning materials.
• Students attend the University for short blocks of study when there are opportunities to experience a range of learning methods.
• Each module runs for 4 days and is held from Monday to Thursday.
• Students are encouraged to contribute their own knowledge and experience in order to extend the learning opportunities.

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Faculty:

• The courses are designed and delivered by internationally-renowned experts, with a wealth of academic and professional experience.
• All courses are regularly updated to maintain their relevance in a rapidly changing industry.

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Careers:

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Potential Career Paths:

• Real Estate Service Firms: CBRE, Cluttons, Cushman & Wakefield, Drivers Jonas Deloitte, DTZ, Jones Lang LaSalle, KingSturge, Knight Frank, and Savills
• Investment Banks: Barclays Capital, BNP Paribas, Deutsche Bank, Goldman Sachs, JP Morgan, Merrill Lynch, and Morgan Stanley
• Institutional Investors and Investment Funds: Aviva, Invesco, Legal & General
• Consultancy Firms: Accenture, Ernst & Young, PriceWaterhouseCoopers, and Property Portfolio Research
• Investment and Development Companies: British Land, Grosvenor, Hines, Land Securities, and SEGRO

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Opportunities:

• The School of Real Estate & Planning has a worldwide reputation and a long history of providing postgraduate education in real estate.
• The alumni association, The Reading Real Estate Foundation, organises career development and recruitment events for real estate students throughout the year.
• A professional Careers Development Advisor helps students with every aspect of the career development process, including identifying work placement, internships, and permanent career opportunities.

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Outcomes:

• More than 95% of students enter graduate-level jobs within 6-months of leaving the program.
• 98% of students are employed post-graduation.
• 93% of students would recommend their program.
• The average salary one year post-graduation is £36,214.
• 94% of students said the careers team had a positive impact on their career.

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Other:

• The program is accredited by the Royal Institution of Chartered Surveyors (RICS).
• The program is fully accredited within the University of Reading - Royal Institution of Chartered Surveyors (RICS) partnership arrangement.
• The program is held in high regard by leading employers.
• The School of Real Estate & Planning is the largest in the UK for teaching and research in real estate and planning.
• The School is the only major UK real estate and planning centre to be located within a business school.
• The School enjoys a worldwide reputation for excellence in both teaching and research and is consistently highly ranked in all major league tables.
• The School undertakes internationally recognised, leading edge research into real estate, planning, and land.
• The School offers a comprehensive range of courses, all of which are accredited by the Royal Institution of Chartered Surveyors (RICS).
• They contribute to the wellbeing of society through the development of places to live, work, and play in, while also fostering enterprise and economic competitiveness through the creation of spaces to produce goods and services in.
• Through the provision of financial analysis and investment advice on the world’s largest asset class, they contribute to wealth creation.