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BSc (Hons) in Property Valuation and Management

Course Code: LC242


Level

8

Duration

4 Years

Department

Built Environment


CAO Points

282

Course Type

Undergraduate - CAO

Location

Limerick

This is a four year sandwich honours degree programme incorporating three academic years and one full year of industrial work placement in third year. The aim of the programme is to develop a property professional who possesses the knowledge, skills and competencies required to work in the diverse sectors of the property industry such as valuation, estate agency, marketing, property management, investment, development, corporate real estate, research and land-use planning.

The programme offers a business based qualification and covers residential, commercial, agricultural and specialist property. It is fully accredited by the Society of Chartered Surveyors Ireland (SCSI) and has  international recognition through the Royal Institution of Chartered Surveyors (RICS). The programme meets the minimum educational requirements required to work as a property services provider under the Property Services (Regulation) Act 2011.

What are the entry requirements?

Leaving Certificate

A minimum of 2 H5 & 4 O6/H7 grades in six Leaving Certificate subjects, including Mathematics and English or Irish.

Mature Applicants

Candidates applying as mature applicants may be required to attend an interview and may be requested to take an aptitude test to prove their suitability for a place on this programme.

Who can I contact?

What modules will I study?

  • Year 1

    Title: Building Systems 1

    Credits: 5

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    The aim of this module is to enable learners to understand the role of building services & environmental systems in the functioning of modern sustainable buildings.


    Title: Built Environment Law

    Credits: 5

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    The aim of the module if to enable the learners to develop a basic understanding of the Irish legal system as it relates to the Built Environment.


    Title: Construction Technology

    Credits: 10

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    This module aims to convey the principals of technology, practice and materials involved in domestic building construction.


    Title: Economics for Construction & Property Specialists

    Credits: 10

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    This module sets out to develop an understanding of the concepts and principles of economic theory in the context of the construction / property environment.


    Title: IT & Communication Skills for Construction and Property Professionals

    Credits: 5

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    To develop the student's knowledge, intellectual skills and competence to enable them to undertake applied research using various Data Collection, Data Analysis and Presentation Techniques. The students will also develop their skills and knowledge in Information Management; Communications and Project Management.


    Title: Land Use Planning Principles and Law

    Credits: 10

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    The aim of this Module is to introduce the learner to the principles and concepts of land-use planning in the Irish context and its legal basis and application. The Module will lay the foundation for the learners' knowledge of further land-use planning modules in their undergraduate degree.


    Title: Property Valuations

    Credits: 15

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    The aims of this module are threefold:

    1. To provide learners with a foundation in property valuations which will be developed in valuations modules in later years of the programme. 
    2. To introduce learners to the concept of property valuation and the methods used to value residential and commercial property. 
    3. To impart a knowledge and understanding of the mathematics required for property valuers.

  • Year 2

    Title: Building Technology

    Credits: 5

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    This module establishes the construction principles and practices fundamental to the production of succesful industrial and commercial buildings.


    Title: Conservation and Architectural Heritage

    Credits: 5

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    The aim of this module  is to develop the learners knowledge and appreciation of the built environment from a heritage perspective. It presents theoretical and practical information to enable learners to have  a developed knowledge of built environment conservation.


    Title: Estate Agency Practice and Marketing

    Credits: 10

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    This module covers the services and associated operational elements an estate agent would provide as a property services provider.


    Title: Planning Law and Development

    Credits: 10

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    To extend the learners knowledge of the overall development management system including its limitations and to further develop knowledge of planning policy from a local to national perspective.


    Title: Property Development Valuations

    Credits: 5

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    The aim of this module is build upon a basic understanding of property development valuations from year one and enable them to carry out residual valuations based on residential, commercial and mixed use schemes. 


    Title: Property Economics

    Credits: 5

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    This module introduces students to the theoretical concepts associated with Urban Economics. It examines the evolution of the urbanisation of Ireland, observing the similarities and contrasts between Irish urbanisation patterns and those observed in other EU countries. It examines the role of the market in allocating land to various usages within the urban setting. It further explores the spatial theories which assist us in understanding differing regional and national characteristics associated with the urbanisation of Ireland, Students will also be introduced to economic theory which explains pricing and allocation decisions within the property market.


    Title: Property Investment Valuations

    Credits: 5

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    The aim of this module is to build upon a basic knowledge of property valuation principles from year one and to apply this knowledge to intermediate level valuations.  The focus of this module is property investment valuations.


    Title: Property Law

    Credits: 10

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    This module is designed to provide students with a general understanding of  the rules and principles of Property Law, particularly as it relates to the requirements of the the Property Services Regulatory Authority.


    Title: PVM Integrated Project

    Credits: 5

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    The aim of this module is give learners the opportunity to undertake a major project that simulates a 'real-life' property based scenario.  The project will integrate the contents of the following second year modules:  Property Development Valuations, Estate Agency Practice and Marketing, Property Law and Planning Law and Development. 


    Title: Statutory Valuations and Residential Property Management

    Credits: 5

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    An introduction to the structure of commercial leases, the processes involved in their renewal, sporting leases, rating of commercial property, an introduction to compulsory purchase orders and the management of residential property, both single and multi-unit developments.


  • Year 3

    Title: Active Learning Diary and Professional Competencies

    Credits: 25

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    The aim of this module is to develop the student's professional skills and competencies through experiential learning while on placement within industry.


    Title: Literature Review

    Credits: 5

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    To support the production of a dissertation in year 4, the student is required to understand and apply research methods in the production of a literature review. The literature review must be directly relevant to the dissertation proposal being undertaken by the student.


    Title: Management Practice

    Credits: 10

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    The aim of this module is to develop the learner's knowledge and critical understanding of the theoretical principles and management practices as applied to the built environment.


    Title: PVM Capstone Project

    Credits: 15

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    The aim of the real estate capstone project is to provide the learner with an opportunity to critically appraise a work related situation or task.  It further aims to integrate their knowledge base and enhance their interpersonal and communication skills. 


    Title: Research Proposal

    Credits: 5

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    To support the production of a dissertation in year 4, the student is required to understand and apply research methods in the production of a dissertation proposal. The topic selected must be directly relevant to the course of study being undertaken by the student.


  • Year 4

    Title: Advanced Property Appraisal and Specialist Valuations

    Credits: 10

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    The aims of this module are twofold:

    1. To examine property investment and development and to develop the learner's competence to enable them to undertake investment and development appraisals.
    2. To impart the knowledge and skills required to value specialist property.

    Title: Advanced Statutory Valuations

    Credits: 10

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    This module will cover compulsory purchase of property and wayleaves, purchase of fee simple (ground rents), and evaluating the impact of contamination and environmental factors on the valuation of property.


    Title: Dissertation

    Credits: 15

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    To provide an opportunity for the student to produce a document based on independent study, of which the topic selected will provide an exhaustive, critical, and in-depth analytical study of a specific area of interest. The topic selected must be directly relevant to the course of study being undertaken by the student.


    Title: Financial Management & Taxation

    Credits: 5

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    To develop knowledge and understanding of the way organisations finance their operations, plan and control cash flows, optimise their use of working capital and allocate resources to capital expenditure projects. To develop an understanding of Irish Tax system and have the ability to prepare computations of tax liability for both individuals and businesses for the purposes of Income tax, corporation tax, capital gains tax, capital acquisitions tax, stamp duties and value added tax.


    Title: Planning and Social Policy

    Credits: 5

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    The aim of this Module is to develop an in-depth knowledge and understanding of key planning and social parameters and their  implication on land-use development in Ireland.


    Title: Property Management Practice

    Credits: 10

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    The aim of this module is to provide the student with the relevant information and knowledge to manage commercial property.


    Title: Urban Economics & Public Policy

    Credits: 5

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    The aim of this module is to develop in students an understanding of the implications for the Property and Construction Industry of the thrust of national and EU regional, spatial and infrastructural development policies. With reference to the spatial and urban development theories which underpin these policy applications.


Are there opportunities for further study?

Successful graduates of this programme are eligible for Level 9 and 10 postgraduate programmes.

What are the career prospects?

This course is fully accredited by the Society of Chartered Surveyors Ireland (SCSI) and has international recognition through the Royal Institution of Chartered Surveyors (RICS). 

The programme meets the minimum educational requirements required to work as a property services provider under the Property Services (Regulation) Act 2011.

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