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BSc Real Estate

At a glance

Level
Undergraduate
Subject area(s)
Real Estate & Planning
Award
BSc
Duration
3 year undergraduate (4 years with Study Abroad)
Attendance
Full-time
UCAS Code
N231
Programme Director
Ed Shepherd001 75eh8z0fo
Dr Edward Shepherd

Overview

This is a leading and comprehensive course in real estate. In the first two foundation years you will build a strong understanding of the core subject areas of economics, finance, business management, planning, building, law and valuation which you can then apply to complex problems in the real world. In year three, you will develop a deeper understanding in a specialist area, such as development and planning, investment or valuation. You can also tailor your degree by choosing from a range of elective modules including housing or rural options.

Throughout this programme you will apply your knowledge to real-life projects and case studies. This will develop your understanding of the links between subjects and, equally importantly, your presentation, writing and team-working skills.

This programme has full accreditation from the Royal Institution of Chartered Surveyors.

We expect you to work hard while you are with us but we hope that you will find our teaching stimulating and rewarding.

Right from the start of your degree you will be involved in "real world" projects and we will give you the tools to become an independent and active learner.

Our project based work is designed to develop your research skills and introduce you to group working. This is a great way to meet the other people on the course, to share ideas and to work together to solve problems.

There is plenty of traditional class room based teaching and lectures to help re-enforce what you are learning through your own work. You will also have smaller group tutorials which will give you the opportunity to discuss issues in more depth.

Our staff are world leaders in their fields and you can expect to be taught by internationally renowned experts, with a wealth of academic and professional experience. All our lectures are given by academic members of staff or by visiting speakers from senior positions in the relevant professions.

As well as the core modules we offer additional career related activities. Our alumni association - the Reading Real Estate Foundation (RREF) - organises a series of evening lectures delivered by key industry people. These are not only an opportunity to hear up to the minute debate on relevant issues but also a great chance to network as free pizza is available after all the talks!

RREF maintains excellent links with our graduates in the industry and we offer all second and third year students the chance to have an industry mentor. This gives you a real insight into the world of work and is a great opportunity for one-to-one advice from someone already in work.

Above all, we create a stimulating academic environment; you will be encouraged to develop individual interests and general skills as a basis for a career in the property industry, a related field or for further study.

Part 1

Compulsory modules Credits

Summary module description:

This is a ten week course which provides students with an introduction to the English legal system, the law of contract and some aspects of the law of tort.

10 [5 ECTS credits]

Summary module description:

Introductory module covering the principles of construction and the principles and key concepts underpinning modern town planning.

Academic authors
Gavin Parker 75e5pfioc
Professor Gavin Parker
20 [10 ECTS credits]

Summary module description:

This module is designed as an introductory course for students who are enrolled on property related degree programmes. It also provides a foundation for those who are required to undertake further and more specialist property law studies as part of their studies. It aims to provide students with an understanding of the basic legal principles governing the ownership, use and enjoyment of land.

10 [5 ECTS credits]

Summary module description:

This module introduces students to basic financial mathematics and their application for the pricing of equities, bonds, mortgages and real estate assets. Following some introductory material on asset classes and performance measurement, the students will apply models to assess investment decisions. The first part of the module focuses on assets different from real estate, while the second part builds on previous knowledge and it is entirely dedicated to the valuation of property.

Academic authors
Gianluca Marcato004 75eh8ywhn
Professor Gianluca Marcato
20 [10 ECTS credits]

Summary module description

The purpose of this module is twofold. Firstly, it aims to develop a range of key skills to help students make the transition from school to university and on to work; in pursuit of this there will be a strong emphasis on independent learning. Second, the module provides students with the opportunity to apply and develop knowledge gained through the study of the co-requisite modules, so demonstrating the complexity and dynamics of the ‘business’ of real estate in an academic and relevant context.

Academic authors
Mark Dobson 2019 ed
Dr Mark Dobson
30 [15 ECTS credits]

Summary module description:

The module presents a basic introduction to statistical concepts starting from data description and analysis to probability distributions and hypothesis testing, with applications in real estate analysis.

Academic authors
Mike Langen
Dr Mike Langen
10 [5 ECTS credits]

An introduction to economics for students of business and finance. The module aims to provide an introduction to both microeconomics and macroeconomics sufficient to help students of business and finance understand the economic forces at play and economic framework that underpins their specific field.

Academic authors
Carol Padgett 400x400 75n7dilnz
Dr Carol Padgett
20 [10 ECTS credits]

Part 2

Compulsory modules Credits

Summary module description:

This module introduces the main aspects of landlord and tenant law including types of leases, covenants and the processes encountered by surveyors in relation to landlord and tenant legal interaction.

Academic authors
Jo Stringer web 75efjmzeu
Jo Stringer
10 [5 ECTS credits]

Summary module description:

The module is divided into two parts. The Autumn term is focused on supporting students in thinking in a structured and strategic way about disruptive trends and their implications for real estate. Students will be trained in applying practical tools derived from systems thinking methodology to complex problems. While the Autumn term focuses on developing students’ understanding of disruptive trends and their ability to think through their implications for real estate, the Spring term is focused on supporting students to become disruptors themselves with a focus on developing and pitching an idea for a new business.

Academic authors
WU Yi 75nkuq051
Dr Yi Wu
20 [10 ECTS credits]

Summary module description:

This module explores the implementation of selected planning policies and their inter-relationship with real estate development processes. It examines the role of policy guidance and other powers, resources and special organisational arrangements in planning policy implementation. It also provides an introduction to the legal principles underpinning policy implementation, using case studies and case law to illustrate the issues involved.

Academic authors
C Maidment2 75njexjcy
Dr Christopher Maidment
20 [10 ECTS credits]

Summary module description:

The module provides students with an opportunity to apply during part 2, subject knowledge gained during part 1, and to obtain and apply new real estate sector knowledge, helping to inform their choice of pathway in part 3. The module develops research and information gathering, analytical and academic skills, as well as encouraging independent learning and the development of reflective and personal career management skills.

Academic authors
Kathy Pain 75iy0lki6
Professor Kathy Pain
30 [15 ECTS credits]

Summary module description:

This module identifies the processes, procedures and practices necessary to value real estate, particularly commercial property investments. It examines the valuation process, including regulatory framework, role of the valuation and different concepts of value. It examines in detail various methods of valuation and which ones are appropriate for which role and examines the limitations of these methods and the results.

Academic authors
Dr pete wyatt 75ej3nfy8
Professor Peter Wyatt
20 [10 ECTS credits]

Summary module description:

The module aims to provide an insight into the application of economic and financial principles and models to property and land use, building on relevant material from Part 1, and to provide a solid basis for more specialised analytical work in Part 3.

Academic authors
Michael Ball 75e5pfioc
Professor Michael Ball
20 [10 ECTS credits]

Opportunity to Study Abroad

Optional modules

Part 3

In your final year you may tailor your degree using one of three specialisms: Appraisal and Asset Management, Development and Planning or Investment and Finance.

Each of these specialist choices comprise four compulsory modules totalling 80 credits. You can choose from a range of optional modules to make up the remaining 40 credits.

Appraisal and Asset Management

This specialism aims to equip you with the knowledge and skills you will need to begin a career in appraisal, property management or related fields. You will develop your understanding of the operation of real estate markets and the social and economic factors that affect them. You will also develop your awareness of current issues in asset management, valuation and investment.

Compulsory modules Credits

Module overview:

This module builds on your knowledge of valuation and investment appraisal methods. You will deepen your understanding of the roles and responsibilities of the valuer and how they apply these to residential and commercial property valuations.

Academic authors
Sarah Sayce 75iy0mgie
Professor Sarah Sayce
10 [5 ECTS credits]

Module overview:

This module covers the approaches used to evaluate and appraise the financial viability of real estate development projects. You will also investigate the way in which risks and rewards associated with real estate development activity might be shared.

Academic authors
Pat Mc Allister 75e5pfiod
Professor Pat McAllister
20 [10 ECTS credits]

This module explores both practical and strategic aspects of real estate management for commercial property, focussing on asset and property management. It is considered from the perspective of both investors and occupiers, including corporates (who may be tenants or owners/occupiers). Underpinning the module is the application of key management and business concepts to real estate advice and management.

Academic authors
Dr Catherine Hughes 75j1cuzl7
Dr Catherine Hughes
20 [10 ECTS credits]

This module consists of projects related to the appraisal and management of real estate assets. Since the nature of each topic will vary with changing market conditions and the importance of various topics, it is not possible to specify in advance the subject of each project. However, the module will blend practical and theoretical perspectives involving close-to-market materials and attempt to enhance the skills and knowledge of students about real estate markets. The module may involve travel from the university and site visits.


Academic authors
Steven Devaney 75edwqcmv
Dr Steven Devaney
30 [15 ECTS credits]

Development and Planning

This specialism aims to equip you with the knowledge and skills to begin a career in fields related to planning and development. This includes further developing your numeracy skills relating to appraising development projects, your understanding of the development process and the relationship between sustainability and urban design, and your practical skills relating to development strategy.

Compulsory modules Credits

Module overview:

This module covers the approaches used to evaluate and appraise the financial viability of real estate development projects. You will also investigate the way in which risks and rewards associated with real estate development activity might be shared.

Academic authors
Pat Mc Allister 75e5pfiod
Professor Pat McAllister
20 [10 ECTS credits]

Module overview:

This module focuses on the practicalities of real estate development as well as the broader political context in which development takes place. You will apply concepts from economics, political economy, and finance to develop your understanding of property development as a multidisciplinary and social process. 

Academic authors
Ed Shepherd001 75eh8z0fo
Dr Edward Shepherd
10 [5 ECTS credits]

Module overview:

This module introduces you to academic debates and policy challenges surrounding sustainability and sustainable development. It covers the dimensions and constituents of urban design and planning approaches to the creation and maintenance of good places.

Academic authors
Richard Nunes 75e5pfiod
Dr Richard Nunes
20 [10 ECTS credits]

Summary module description:
A multi project based module that introduces new skills whilst drawing together existing knowledge in 'Real world' development and planning scenarios. The module consists of two projects, that cover the different aspects of development and planning practice. In addition students will be required to undertake group work.

Academic authors
Mark Dobson 2019 ed
Dr Mark Dobson
30 [15 ECTS credits]

Investment and Finance

This pathway aims to prepare you for a career in real estate finance and investment management by developing both conceptual and quantitative skills required for decision making in the real estate finance sector. By taking the modules on this pathway you will develop your understanding of financial theories and their application to the real estate sector.

Compulsory modules Credits

Module overview:

After introducing the main concepts of corporate finance and their application to real estate markets, the module presents and analyses the structuring, functioning and pricing of main financial products, such as REITs and mortgage-backed securities.

Academic authors
Mike Langen
Dr Mike Langen
20 [10 ECTS credits]

Module overview:

This module develops your understanding of investment strategy, portfolio selection and performance measurement and their application to property markets. Upon completion of the module, you should be able to critically appraise published work in the field and apply this knowledge to the analysis of practical real estate problems.

Academic authors
Pin Te Lin 2018 75izlr166
Dr Pin-Te Lin
20 [10 ECTS credits]

Module overview:

This module covers core statistical and econometric topics and introduces quantitative concepts relevant to investment decisions. The aims of this module are to give you an understanding of quantitative methods and their application in the context of real estate.

Academic authors
Mike Langen
Dr Mike Langen
10 [5 ECTS credits]

Module overview:

In this module you will apply the various concepts you have learned on this specialism to real-world investment decisions. In broad terms, the projects will consider theoretical and practical issues surrounding asset allocation, portfolio management, asset pricing and real estate investment vehicles.

Academic authors
Chen
Dr Chen Zheng
30 [15 ECTS credits]

Optional modules

In your final year you will also choose optional modules totalling 40 credits, giving you the opportunity to tailor your study to suit your interests and assessment preferences. The options available change slightly year on year, but there are usually approximately 20 to choose from.

With the exception of the Projects modules, the modules from each of the above specialisms are usually available for you to take as optional modules if you have selected a different specialism. You can also choose to study a foreign language.

Other optional modules are detailed below:

Optional modules Credits

Summary module description:

The module is about understanding how commercial real estate markets work in an international context. It covers three distinct, but interrelated areas - topics in international market analysis - analysis of European real estate markets - introduction to global market analysis.

Academic authors
Eamonn D Arcy 75e5pfioc
Professor Eamonn D'Arcy
10 [5 ECTS credits]

Summary module description:

The focus of this module is to provide the necessary skills and understanding of how diversification enterprises on farms and estates are planned and the key issues that affect their successful implementation.

Academic authors
Angela Cropley 75j1cv3xd
Angela Cropley
10 [5 ECTS credits]

Summary module description:

This module will introduce students to regeneration policy and process via case study examples of urban regeneration practice and policy. Critical understanding of ‘real world’ practices will be developed by the exploration of theory and research drawn from the urban studies literature.

Academic authors
Emma Street 75ee1i73f
Dr Emma Street
10 [5 ECTS credits]

Summary module description:

The module aims to provide you with an opportunity to: reflect on professional practice while extending the knowledge gained in the first two years of the programme; understand the business context related to your specialism; enhance your understanding, skills and employability and allow identification of individual strengths, areas of improvement within the work environment.

10 [5 ECTS credits]

Summary module description:

The aim of this module is to permit a student to conduct a substantial, and in parts original, research study on a relevant topic selected by the student in consultation with the module convenor and a specific supervisor.

Academic authors
Emma Street 75ee1i73f
Dr Emma Street
40 [20 ECTS credits]

The module or course content descriptions set out on this page are correct for those being taught in the current academic year. Modules or course content marked as optional are indicative and may be subject to change.

James Latham
BSc Real Estate, now at Guildhouse UK ltd,

Enrolling on the BSc Real Estate and Planning degree course at the University of Reading was one of the best things I have ever done. Three years later, I find myself employed as an Assistant Development Manager in a commercial property development company in London.

In the first two years of the degree programme, you cover a vast range of subjects with everyone in the year group. This is a great foundation for any aspiring surveyor as it helps you to work out your strengths and weaknesses. I made the most amazing friends whilst working on a number of group projects and we all helped each other when the going got tough! Having discovered where my interests and strengths lay, I specialised in development and planning for my third and final year.

The property courses at the University of Reading open the doors to a number of opportunities, which I would never have thought possible. One such opportunity at the end of my second year was to work in Shanghai, China for 10 weeks. This was a joint Royal Institution of Chartered Surveyors (RICS) and CB Richard Ellis (CBRE) work placement opportunity and to date, this remains one of the highlights of my time at university.

Hannah Bennett
BSc Real Estate, now at Lambert Smith Hampton,

I really don't think you can go wrong with the Real Estate & Planning course at Reading - it's very highly regarded amongst industry professionals, you will be taught by lecturers who are at the top of their field, and the course itself is very practical. I was originally attracted to the REP course because it has a business focus, and covers a breadth of broader areas such as Economics and Law, as well as more technical, property-focused topics such as valuation and investment appraisal. Plus the support you get from the REP department is invaluable - the mentoring scheme and careers advice service make a big difference and really helped me when it came to applying for jobs.

Jason Turner
BSc Real Estate, now at Deloitte Real Estate,

The course is highly regarded within the industry and so you can’t go wrong when you graduate with a Real Estate and Planning degree from Reading. The course sets you up for a career in a fantastic industry which is sociable and there are so many pathways you can take with different service lines and sectors to suit almost every individual. I would thoroughly recommend it!

Our students

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Recruitment of Graduates

We are proud of our outstanding employment record, with more than 95% of our students entering graduate level jobs within 6 months of leaving.

The most highly regarded firms in the industry continue to employ Reading graduates. The majority of our graduates have been able to secure employment before they finish their degree course.

As well as offering a direct route in to the property and planning professions, our programmes offer a solid foundation on which to build a career in a wide range of other fields such as finance, law, general management or consultancy.

We have a professional Careers Development Advisor, Jane Batchelor, who helps our students with every aspect of the career development process, including identifying work placement, internships and permanent career opportunities. She is available to help with the preparation of CVs and application letters and works with the Reading Real Estate Foundation to develop our evening lecture series delivered by key industry speakers and our annual Careers Fair which is attended by the major firms.

Jane also co-ordinates our new work-based learning module which enables students to gain credits towards their degree from relevant work experience undertaken while at University.

Connections with Industry

Our degree courses are very well supported by the industry. A number of important organisations actively participate in the teaching programme and supplement the resources available. These include the British Property Federation and the Investment Property Forum.

The Reading Network

The Reading degrees in property have been running for more than forty years and there are now almost five thousand graduates. Similarly, Reading has educated town planners for more than 20 years. Many of our alumni have reached influential positions within their industry. As much of the work in the property and planning fields is based on personal contacts, having a ready network to tap into is very valuable.

Our graduates have gone on to work for a wide range of leading UK and global employers including:

  • AXA Real Estate
  • Barton Willmore
  • Berkeley Homes
  • Bilfinger GVA
  • BNP Paribas Real Estate
  • CBRE
  • Colliers International
  • Cushman & Wakefield
  • Deloitte Real Estate
  • EC Harris
  • The Environment Agency
  • Gerald Eve
  • Grosvenor
  • Hammerson
  • JLL
  • Knight Frank
  • Land Securities
  • LSH
  • The National Trust
  • PwC
  • Savills
  • SEGRO
  • Strutt & Parker
  • TH Real Estate
  • Vail Williams
  • Valuation Office Agency

The University's award-winning Careers Advisory Service (CAS) also offers career advice for those wanting to pursue a career in academia or another field.

Accreditations

All our degree programmes have full accreditation from the Royal Institution of Chartered Surveyors (RICS) and our Planning programmes offer dual accreditation from the RICS and the Royal Town Planning Institute (RTPI).

Dr Edward Shepherd

Associate Professor of Planning and Development

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A thriving community

As part of the School of Real Estate & Planning you will belong to a diverse and friendly community, giving you the chance to work alongside and make friends with peers from around the world.

Through the expertise and support of our staff we hope to inspire you to share our ambitious ethos and maximise your potential. Staff are easily contactable during regular office hours, by telephone or email.

Networking

Networking and social interaction are vital business skills. We encourage our students to join a wide range of societies and groups. In addition to the sporting and social societies run by the University and the Students' Union, you can join those directly aligned to your degree course. These groups provide an ideal opportunity to meet like-minded students from various departments and a wide range of backgrounds.

The Reading Real Estate Foundation has a thriving Student Society which organises events for current Real Estate & Planning students throughout the year. These include an evening lectures series, an annual student ball, and regular sporting fixtures.

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Facilities and resources

In addition to the facilities offered by the University, we fund a professionally staffed Business Library. Here we keep copies of all course reading material together with key texts and current journals. We also have a comprehensive collection of property market reports and structure and development plans, and offer free access to relevant online databases.

Real Estate & Planning students have exclusive access to two computer labs which are equipped with more than 40 networked PCs running relevant specialist software packages.

Evening lectures

Working with the Reading Real Estate Foundation we host a series of evening lectures on campus. These are delivered by key industry people, often our alumni. These are not only an opportunity for students to hear up-to-the-minute debate on relevant issues but also a great chance to network, as free pizza is available after all the talks!

Beyond property...

As well as offering a direct route in to the property and planning professions, our programmes offer a solid foundation on which to build a career in a wide range of other fields such as finance, law, general management or consultancy.

Contact us

Undergraduate admissions

If you have any questions about admissions, please don't hesitate to contact us.

Email: ugadmissions@reading.ac.uk
Telephone: +44 (0)118 378 8372

"The course is highly regarded within the industry and so you can’t go wrong when you graduate with a Real Estate and Planning degree from Reading. The course sets you up for a career in a fantastic industry which is…

Jason Turner Real Estate and Planning BSc Real Estate
"Enrolling on BSc Real Estate was one of the best things I have ever done. I made the most amazing friends and we all helped each other when the going got tough!"
James Latham BSc Real Estate and Planning BSc Real Estate
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