Tuesday, February 19, 2008

Studies on Real Estate

Real estate courses abroad

Dr.T.P.Sethumadhavan

Real estate Business has acquired the status of one of the most profitable ventures in the country. In USA and European union growth rate in real estate sector far exceeds other sectors. Economists suggest that real estate finance, investment and appraisal are some of the emerging areas. In the Globalised era there is enough job potential for courses related to real estate in the country and abroad.

Recently many universities in UK are offering real estate courses. They offer Postgraduate programmes in corporate real estate & facilities management, Real estate investment & Finance and Real estate appraisal. These courses are of 24 months duration with an option to complete the course within a period of 72 months. All the modules within the above modular masters programmes are available on a continuing professional development basis. Students are required to attend the taught programme in the university for a short duration, ie, up to one semester and the rest of the course period can be completed on a continuing professional development basis through Internet. Students who completed four-year degree programme or postgraduates can apply for the e real estate courses.

MSc Corporate Real estate and facilities management course is aimed at professionals employed in real estate market. This will help the student to acquire skills and knowledge necessary to manage complex corporate real estate portfolios in the emerging business context. The course includes corporate real estate, strategy, practice, finance and performance management. MSc real estate investment and finance can be used both as an entry in to the expanding area of real estate finance and investment. MSc real estate appraisal is aimed at developing successful career in commercial real estate sector. The programme focuses on economics, ethics, law and environment pertaining to real estate globally.

One of the pioneering universities in UK, University of Reading is offering postgraduate programmes in real estate management. Since the taught course duration at Reading is of short period, students can complete the programme at a lesser expense. Those who require financial support during their stay at Reading can do part time work @ 20 hours per week. For more details visit www.reading.ac.uk/rep

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