Real Estate MSc

Glasgow city attractions from the clyde

Prestigious Scottish Funding Council Awards are available to high calibre applicants for this programme. The SFC has selected this programme in recognition of the high demand for students with these qualifications. The awards cover all tuition costs; for further information, please see: funded places.

This programme will deliver a highly regarded professional education in real estate. It has been developed in close consultation with the relevant professional, policy and business communities and is intended to provide an intensive fast-track entry to a professional career.

Key facts

Why this programme

  • If you plan a career as a chartered surveyor, primarily as a member of the Commercial Property or Valuation or Property Finance and Investment Professional Groups of the Royal Institution of Chartered Surveyors (RICS), this programme is made for you.
  • The programme is professionally accredited by the RICS.
  • There is significant input from industry to our teaching programme, including teaching on some courses, guest lectures and seminars. There are also informal opportunities to meet people from industry at open events and recruitment presentations. We will also support you to arrange professional work placements.

Programme structure

You will take a series of core courses, choose optional courses and undertake a dissertation or a major project in real estate.

The core semester 1 courses are multi-disciplinary in nature and use lectures, seminars, tutorials and cases studies to focus on the urban development and planning theories, principles and policies which are necessary for you to build a thorough understanding of how urban areas and economics function. In addition, you will gain an appreciation of real estate values and apply valuation and appraisal principles and techniques in practice-based activities.

In semester 2 you will build on this knowledge base by developing core real estate skills, using project, IT lab, field and team work activities and assessments. 

Core courses

  • Advanced real estate valuation and appraisal
  • Development economics
  • Development process
  • Global cities
  • Governance and markets
  • Professional practice, ethics & management
  • Real estate markets
  • Real estate finance & investment
  • Real estate valuation and appraisal.

Optional courses

  • International real estate markets
  • International corporate finance
  • Strategic real estate management.

Background and aims

The MSc in Real Estate is intended to prepare students for a career as a chartered property surveyor and member of the RICS.

"These degree programmes recognise that the real estate sector is now an integral part of a sophisticated and diverse business community and will ensure that the best talent, with the right skills, is available to the property industry." Douglas Smith, Chairman of CB Richard Ellis Scotland

The MSc in Real Estate is now one of eight MSc degrees taught within the Real Estate, Planning and Regeneration (REPR) MSc Programme. These innovative programmes were initially launched in September 2006 by Urban Studies, which is widely recognised as one of Europe's leading centres of urban research, following close consultation with the relevant professional, policy and business communities and has been widely welcomed by leading professions in the field. It is intended to provide an intensive fast-track entry to professional qualifications for well-motivated, high-quality postgraduate students.

Alongside the main programme we also offer a Postgraduate Certificate in Real Estate and Postgraduate Certificate in Spatial Planning, primarily for CPD students. 

 

What our students say

‌Gosia Kilpatrick, Poland, (2013-14)

'I had been working in the real estate market in Glasgow for 8 years as a Lettings Manager (having previously graduated with Masters in Poland in Linguistics) and was at a stage where I was looking for an opportunity to change the direction of my professional career to Valuation Surveyor. I was attracted to the University of Glasgow due to the excellent reputation of the University as well as the availability of a course that was really interesting and that I felt that met my goals for my career. The 1 year programme was exactly what I was looking for: a short and intense course which was RICS accredited, and which would allow me to become a Chartered Surveyor.

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I really enjoyed the time at the University, but in particular the balance between practical and theoretical aspects of the course. It was good to put a theoretical frame to my existing knowledge about property.  I enjoyed learning about the experiences of other property professionals who gave occasional lectures, giving a great insight into the reality of the industry. Before I even started my dissertation, I was offered a job in Dubai as a Graduate Residential Surveyor, preparing valuations for residential and commercial properties across the UEA. The programme has helped me to achieve a huge step forward in my professional career and I hope that this will be the stepping stone to a promising career in the industry.'

Maria Kravchenko (Russia), 2011-12

'Having gained my first degree in Real Estate Management and Expertise from Rostov State University of Civil Engineering, my desire was to get a degree from one of the universities in Scotland.  I decided to choose the University of Glasgow for my postgraduate degree mainly because of its reputation as an educational establishment. The University is the one with a history, located in a vibrant city and also I found a programme that was exactly what I needed.

The good thing about my programme was that it was organised in a student-friendly way. Despite the fact that I joined the programme later due to some complications with my UK visa, it was possible to catch up and go on with the rest of the modules. Another good thing is the presentation of the material: everything is friendly for international students. Professors are all well qualified and are great people - very helpful and understanding.

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Glasgow is a great city, full of life and great people! You will never be bored in Glasgow! You can find everything you need here - trendy shops, nice restaurants, bars, coffee shops, beautiful parks and nice weather (for those who like rain!) The campus of Glasgow University is one of the best; it is well maintained, with its own spirit full of mystery and historical buildings with practical modern facilities. The library is great.

I would definitely recommend the University of Glasgow to anyone who is looking for a well-recognised qualification. You will not only gain a degree but also a great experience and knowledge. I would do it again if I had a chance!

At the moment I work as Head of Department for International Projects at a private Russian company dealing with design and reconstruction of buildings, efficient maintenance, promoting new technologies and increasing the value of existing buildings. The job is interesting and involves communication with foreign professionals.My University of Glasgow degree is a big part in my success.'

Thomas Kyle Mason, 2013-14

'Being chosen for the SFC was a tremendous relief for my family and me. With the high costs of education today, it really allowed me to focus on my studies without the worry of repaying debt afterwards. Receiving this prestigious award by the University was an honour that I am very proud of.

The MSc Real Estate programme bridges the gap between undergraduate studies and the workforce. The skills I have obtained in this programme, specifically the financial based courses such as Real Estate Valuation & Appraisal, Finance & Investment, Advanced Real Estate Valuation & Appraisal, and Development Economics provided me with solid analytical skills that can be used after graduation. After completion of the programme, I hope to work as a financial analyst for an asset management or real estate investment company. Overall, I thoroughly enjoyed my time at the University of Glasgow and I highly recommend choosing to study at one of the world’s oldest institutions for higher learning.'

Chloe Newton

Chloe Newton, MSc Real Estate'I studied history as an undergraduate at Newcastle. When living in post-communist Moscow in the early 90’s, I witnessed tanks bombarding the parliament building to ensure President Yeltsin maintained his grip on the levers of power. Returning there, some 15 years later, I saw how Moscow City Council had destroyed period buildings and erected high-rise structures in a (misguided) attempt to emulate the West. For me buildings are symbols – of power, prestige, might, wealth and time. So my passion for property stems from a fascination with evolving environments. Taking this interest further I managed to secure work experience in the industry and this really confirmed for me that property was the arena in which I wished to establish my career. Like many other professions, property requires you to complete a professional qualification (an APC following study) to become a Chartered Surveyor, which firstly requires a RICS (Royal Institute of Chartered Surveyors) accredited university degree.

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So, when deciding where I could study an RICS accredited Real Estate MSc, I found that Glasgow offered such a course. Working in property at the time, in Glasgow, I learnt that the university had a fantastic reputation within the profession; and alumni provided an accurate testimonial of what the degree involved. More specifically though, the content of the degree really confirmed to me it was the course I wanted to do. The course consists of certain core modules, such as Valuation, that are essential to practice in the property industry, and it also allows you to pick optional modules, such as International Real Estate Markets, so you can shape the course to your interests and future career aspirations. The School of Social and Political Sciences also has great ties with the Adam Smith Business School, which are essential when learning about the complexities of property markets and how these are intertwined with the wider economic market. The course equips you with the necessary technical knowledge and develops your transferable skill sets, such as research and analytical skills, which are essential to success in the industry. Fundamentally, though the course encourages you to actively participate in classes, which means you can also learn from your peers and their experiences, something that cannot be learnt from a PowerPoint presentation, site visit or textbook.

More generally, choosing to study at Glasgow was a fantastic decision. The university itself has a plethora of societies that cater for everyone. Sport in particular is a great way to meet new friends and I have been an active member of the Glasgow University Sports Association (GUSA) Welfare Committee. You can also relive your undergraduate days at the infamous Glasgow University Union Hive nightclub. The mood around the campus really does echo a ‘work-hard, play-hard’ ethos, and so the Gilchrist Postgraduate Club and the designated postgrad space in the library provide the essential study space when needed. The university is located within the city’s West End, which is a real community of students, young professionals and artisans. Byres Road promotes a café culture and is brimming with boutiques, bistros and bars. Further afield, the city has something for everyone. Honoured as the European Capital of Culture in 1990, Glasgow is an international arts and cultural hub with numerous museums (many of which are free to enter) and theatres, many of which are free to enter (ideal for a student budget). The city is also renowned for its vibrant music scene, with world famous artists playing at the SECC and the brand-new Hydro arena and many wannabes making their debuts at King Tut’s. Further, as things begin shaping up for the 2014 Commonwealth Games and 2018 Summer Youth Olympics Glasgow is, and will continue to be, an extremely exciting place to be.  

I would recommend to anyone to come and visit Glasgow before submitting your application, and try and speak to as many people as possible about the university and the degree you want to do, as postgraduate study is a huge commitment. There are funding options out there, such as Scottish Funding Council scholarships, however it is essential you think about funding before committing yourself. You also need to think about how you learn best. Do you like to conduct individual research? Or do you prefer learning in a lecture theatre environment? Deciding upon this will help you choose which degree is best for you. I’ve been fortunate in that my degree encompasses both - it is a few days of intensive teaching that lay a foundation of knowledge, which you take further through individual research. Further, for me postgraduate study is essential for my future career, and in my opinion learning from the past informs our understanding of today and allows us leeway to pre-empt the future.

Finally, for me, the plan after university is to head to London and embark upon my APC training to become a fully qualified Chartered Surveyor. Hopefully at some point in the near future I will have the opportunity to live and work abroad, and I feel being in London provides me with the best springboard to do this. That is what is great about property you can work anywhere in the world because with RICS membership comes an internationally recognised professional qualification.'

Grant Davidson, Scotland, Graduated 2012

Grant DavidsonWhy did you choose the University of Glasgow? 
The MSc in Real Estate is accredited by the Royal Institution of Charter Surveyors (RICS) which is a huge advantage and played a large part in me choosing this degree and the university. Equally important was how I felt after a visit to the  school. I talked with the programme director for sometime and once I left I was certain that I wanted to study the Real Estate MSc.

What do you like about your programme of study?
I particularly liked the way that the class teaching time was structured. It consisted of intensive-teaching days for each subject. This does mean that you get a lot of information at once but it matched my style well and I found that you could better understand the topic having been immersed in it. There were also follow up tutorial for any problems you encountered. Previous to studying the MSc I completed an undergraduate degree in finance and economics. This course allowed me to further develop the skills I had learned throughout my time as an undergraduate while also allowing me to specialise in real estate.

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What have you enjoyed most about your time at the School?
I particularly enjoyed the real estate markets class as it gives you the chance to analyse market data and derive conclusions based on your own assumptions. The freedom you had in answering the assignment certainly helped my skills develop and ready me for work as a practitioner.

What have you enjoyed most about your time in Glasgow?
Glasgow is great city with lots of things to do and an amazing night life.

How has your degree helped you achieve your career goal?
I have been employed by Rettie & Co. where I work with the research team. Rettie & Co. are a leading independent Scottish property company that are involved with all sectors of the property industry and offer services including research and consultancy, development, sales and letting. They have a strong reputation and are known for their quality of service so I see it as an excellent place to start my career.

Any advice for potential applicants?
I could not recommend the course enough! It has opened doors and set me on the career path I want to be on.

Accreditations

Professional accreditation is important because it means that graduates need complete only the Assessment of Professional Competence for the relevant profession in order to obtain chartered status as MRICS and/or MRTPI.

We are pleased to announce that this programme is professionally accredited by the Royal Institution of Chartered Surveyors.

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Entry requirements

for entry in 2015

You should have at least a 2:1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in a relevant degree. Students will be considered from a variety of backgrounds such as social sciences, arts and humanities in addition to more quantitative subjects (e.g. engineering and maths).  Applicants with a lower second Honours degree may be accepted, if warranted by strong references and/or relevant work experience.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.

English language requirements

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic module (not General Training)

  • overall score 6.5
  • no sub-test less than 6.0
  • or equivalent scores in another recognised qualification (see below)

Common equivalent English language qualifications

All stated English tests are acceptable for admission for both home/EU and international students for this programme:

  • ibTOEFL: 92; no sub-test less than 20
  • CAE (Cambridge Certificate of Advanced English): 176 overall; no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English):  176 overall; no sub-test less than 169
  • PTE Academic (Person Test of English, Academic test): 60; no sub-test less than 59

For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept an IELTS test (Academic module) from any of the 1000 IELTS test centres from around the world and we do not require a specific UKVI IELTS test for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the Language Centre Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

FAQs

What do I do if...

my language qualifications are below the requirements?

The University's Language Centre offers a range of Pre-Sessional Courses to bring you up to entry level. The course is accredited by BALEAP, the UK professional association for academic English teaching; see Links.

my language qualifications are not listed here?

Please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk

 

For further information about English language requirements, please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk

Fees and funding

Tuition fees for 2015-16 (subject to change and for guidance only)

MSc

Home and EU
Full time fee£7000
Part time 20 credits£778
International
Full time fee£14500

Funding opportunities

Career prospects

As a graduate you will be in possession of an MSc degree recognised by the Royal Institution of Chartered Surveyors (RICS) and can develop your career as a chartered surveyor.

How to apply

We ask that you apply online for a postgraduate taught degree. Our system allows you to fill out the standard application form online and submit this to the University within 42 days of starting your application.

You need to read the guide to applying online before starting your application. It will ensure you are ready to proceed, as well as answer many common questions about the process.

Guide to applying online

Do I have to apply online for a postgraduate taught degree?

Yes. To apply for a postgraduate taught degree you must apply online. We are unable to accept your application by any other means than online.

Do I need to complete and submit the application in a single session?

No. You have 42 days to submit your application once you begin the process. You may save and return to your application as many times as you wish to update information, complete sections or upload additional documents such as your final transcript or your language test.

What documents do I need to provide to make an application?

As well as completing your online application fully, it is essential that you submit the following documents:

  • A copy (or copies) of your official degree certificate(s) (if you have already completed your degree)
  • A copy (or copies) of your official academic transcript(s), showing full details of subjects studied and grades/marks obtained
  • Official English translations of the certificate(s) and transcript(s)
  • Two supporting reference letters on headed paper
  • Evidence of your English Language ability (if your first language is not English)
  • Any additional documents required for this programme (see Entry requirements for this programme)
  • A copy of the photo page of your passport (Non-EU students only)

If you do not have all of these documents at the time of submitting your application then it is still possible to make an application and provide any further documents at a later date, as long as you include a full current transcript (and an English translation if required) with your application. See the ‘Your References, Transcripts and English Qualification’ sections of our Frequently Asked Questions for more information.

Do my supporting documents need to be submitted online?

Yes, where possible, please upload the supporting documents with your application.

How do I provide my references?

You must either upload the required references to your online application or ask your referees to send the references to the University as we do not contact referees directly. There is two main ways that you can provide references: you can either upload references on headed paper when you are making an application using the Online Application (or through Applicant Self-Service after you have submitted your application) or you can ask your referee to email the reference directly to pgadmissions@glasgow.ac.uk. See the 'Your References, Transcripts and English Qualifications' section of the Frequently Asked Questions for more information.

What if I am unable to submit all of my supporting documents online?

If you cannot upload an electronic copy of a document and need to send it in by post, please attach a cover sheet to it that includes your name, the programme you are applying for, and your application reference number.

You may send them to:

Recruitment & International Office
71 Southpark Avenue
Glasgow
G12 8QQ
Fax: +44 141 330 4045

Can I email my supporting documents?

No. We cannot accept email submissions of your supporting documents.

What entry requirements should I have met before applying? Where can I find them?

You should check that you have met (or are likely to have met prior to the start of the programme) the individual entry requirements for the degree programme you are applying for. This information can be found on the ‘entry requirements’ tab on each individual programme page, such as the one you are viewing now.

What English Language requirements should I have met before applying? Where can I find them?

If you are an international student, you should also check that you have met the English Language requirements specific to the programme you are applying for. These can also be found on the ‘entry requirements’ tab for each specific programme.

Further Information

Please see the Frequently Asked Questions for more information on applying to a postgraduate taught programme.

Guidance notes for using the online application

These notes are intended to help you complete the online application form accurately, they are also available within the help section of the online application form. If you experience any difficulties accessing the online application then you should visit the Application Troubleshooting/FAQs page.

  • Name and Date of birth: must appear exactly as they do on your passport. Please take time to check the spelling and lay-out.
  • Contact Details: Correspondence address. All contact relevant to your application will be sent to this address including the offer letter(s). If your address changes, please contact us as soon as possible.
  • Choice of course: Please select carefully the course you want to study. As your application will be sent to the admissions committee for each course you select it is important to consider at this stage why you are interested in the course and that it is reflected in your application.
  • Proposed date of entry: Please state your preferred start date including the month and the year. Taught masters degrees tend to begin in September. Research degrees may start in any month.
  • Education and Qualifications: Please complete this section as fully as possible indicating any relevant Higher Education qualifications starting with the most recent. Complete the name of the Institution (s) as it appears on the degree certificate or transcript.
  • English Language Proficiency: Please state the date of any English language test taken (or to be taken) and the award date (or expected award date if known).
  • Employment and Experience: Please complete this section as fully as possible with all employments relevant to your course. Additional details may be attached in your personal statement/proposal where appropriate.
  • References: Please provide the names and contact details of two academic references. Where applicable one of these references may be from your current employer. References should be completed on letter headed paper and uploaded on to your application.

Standard application deadlines

  • International applications (non-EU) 24 July 2015
  • UK and EU applications 28 August 2015
    (with the exception of those programmes offering SFC funded places)

Classes start September 2015 for most programmes and you may be expected to attend induction sessions the week before.

Please note: applications for SFC funded places are open for entry in September 2015.

Apply now