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Program Code: DBPY Program Level: Undergraduate SATAC code: 424131 Home Campus: City West Program Length (in EFTSL): 3 AimTo prepare graduates for a professional level career in property valuation, management, development, investment, research and sales. Entry requirementsApplicants are required to have: Qualified for the SACE; and Recorded achievement in five SACE subjects taken at Stage 2 level; and Included at least four Stage 2 subjects which are approved Higher Education Selection Subjects (HESS); - Obtained a competitive TER.
Alternatively, the minimum educational requirements may be met by those who have: Completed the equivalent secondary education qualifications as required for university entry under SACE; Completed or partly completed a recognised higher education program at a recognised higher education institution; Completed at least four Open Universities Australia (OUA) courses at the appropriate level; Completed a recognised diploma or advanced diploma from TAFE; Completed the International Baccalaureate Diploma; Completed the University Foundation Studies program with a competitive GPA; Qualified for Special Entry.
English language entry requirements For international applicants for whom English is a second language, the minimum English language requirements are: International English Language Testing System (IELTS Academic): Minimum score of 6.0 in Reading and Writing sub scores and minimum overall score of 6.0 obtained within the last two years or corresponding results from an equivalent test such as TOEFL or the appropriate Academic English language level delivered at CELUSA; OR
Successful completion of a secondary qualification in Australia within the last two years; OR
Successful completion of at least one year of tertiary study in Australia within the last two years; OR
Successful completion of one year of secondary or tertiary study conducted and completed in English within the last two years in a country in which: - English is an official language; or
- English is commonly used, as determined by the University.
Content/structureStudents undertake the division core courses all the required courses in Property and appropriate electives. The program requires completion of courses totalling 108 units. Professional recognitionGraduates who complete the program are eligible for Graduate Membership of the Australian Property Institute. If graduates subsequently complete two years of supervised valuation experience under a Certified Practising Valuer of the Australian Property Institute then graduates become eligible to sit an Australian Property Institute oral examination for elevation to Associate Member of the Australian Property Institute with Certified Practising Valuer status. Graduates upon completion of the program are also eligible to act as a real estate salesperson and can apply for membership of the Real Estate Institute of South Australia. Fee informationFees for International students: $AU 18,880 per 1.0 EFTSL for students commencing in 2010. Fees are calculated on a per Unit basis with 1.0 EFTSL = 36 Units. Fees for International students are determined one year in advance and are subject to variation. Program requirements| Course name | Area + Cat. No. | Units | EFTSL |
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| FIRST YEAR | | | | | First Half (Study Period 1, 2 or 3) | | | | Introduction to Property and Valuation | BUSS 1055 | 4.5 | 0.125 | Managing Communication in Business | COMM 1054 | 4.5 | 0.125 | Macroeconomics | ECON 1007 | 4.5 | 0.125 | Business Information Systems | INFS 1011 | 4.5 | 0.125 | | Second Half (Study Period 4, 5 or 6) | | | | Introduction to Law | LAWS 1002 | 4.5 | 0.125 | Accounting, Decisions and Accountability | ACCT 1005 | 4.5 | 0.125 | Quantitative Methods for Business (See Note 2) | MATH 1053 | 4.5 | 0.125 | Introduction to Property Economics | ECON 1005 | 4.5 | 0.125 | | SECOND YEAR | | | | | First Half (Study Period 1, 2 or 3) | | | | Property Investment | BANK 3007 | 4.5 | 0.125 | Law of Property | LAWS 2003 | 4.5 | 0.125 | BUGE Elective (see Note 6) | | 4.5 | | Property Utilisation and Sustainability | AGEN 2002 | 4.5 | 0.125 | | Second Half (Study Period 4, 5 or 6) | | | | Property Market Analysis (See note 2) | ECON 2011 | 4.5 | 0.125 | Property Agency | BUSS 2050 | 4.5 | 0.125 | Introduction to Management | BUSS 1054 | 4.5 | 0.125 | Marketing Principles: Trading and Exchange | MARK 1010 | 4.5 | 0.125 | | THIRD YEAR | | | | | First Half (Study Period 1, 2 or 3) | | | | Property Research (see Note 3) | ECON 3003 | 4.5 | 0.125 | Advanced Property Valuation | BUSS 3057 | 4.5 | 0.125 | Property Management | BUSS 3058 | 4.5 | 0.125 | Elective (See Note 7) | | 4.5 | | | Second Half (Study Period 4, 5 or 6) | | | | Statutory Valuations | MGMT 3002 | 4.5 | 0.125 | Property Development | BUSS 3032 | 4.5 | 0.125 | Property, People and the Political Economy | BUSS 3059 | 4.5 | 0.125 | Elective (See Note 7) | | 4.5 | |
RulesThis program comprises: a division core of eight courses; one Broadening Undergraduate Education course from a contrasting discipline; two business electives which may be used for a minor; thirteen property related courses.
Notes- All Division core courses will be offered in both Study Period 2 and Study Period 5.
The Division core comprises: BUSS 1054 Introduction to Management ECON 1007 Macroeconomics INFS 1011 Business Information Systems LAWS 1002 Introduction to Law ACCT 1005 Accounting, Decisions and Accountability MATH 1053 Quantitative Methods for Business MARK 1010 Marketing Principles: Trading and Exchange COMM 1054 Managing Communication in Business
- Students taking a double degree may complete the courses Statistics for Business (MATH 1052) and Forecasting and Business Analysis (ECON 2007) in place of these two courses where necessary.
- Students undertaking a Property Marketing Minor or a double degree with Bachelor of Management (Marketing) may take the course Market Research (MARK 2020) in place of this course.
- Students who have completed the Bachelor of Business (Property) degree may undertake the postgraduate course Real Estate Business and Marketing Management G (BUSS5223) in order to meet the educational requirements for registration as a Land Agent in South Australia. This postgraduate course can be taken as either a non award postgraduate course or as part of a Graduate Certificate in Property and will only be offered subject to demand, and may be offered externally only, or as an intensive short course.
- Students who achieve a grade lower than Pass Level 2 (P2) in the following courses will not receive professional recognitition and will not be eligible for the professional membership/accreditation with the Australian Property Institute (as of November 2005).
Introduction to Property and Valuation Property Research Property Development Advanced Property Valuation Statutory Valuations Therefore to meet the professional accreditation requirements set by the Australian Property Institute TP's and CP's are not available in these courses.
- Students seeking professional recognition with the Australian Property Institute are required to study the course Construction 1 (CIVE 1001) or an equivalent course from the Division of Information Technology, Engineering and the Environment.
- Electives must be selected from 2nd and 3rd year courses offered by the Division of Business and can be used to complete one of the following minors:
Property Marketing Marketing Principles: Trading and Exchange Market Research Personal Selling Marketing for Services
Property Economics Macroeconomics Introduction to Property Economics Microeconomics International Economics
Property Finance Accounting, Decisions and Accountability Property Investment Financial Planning Portfolio and Funds Management
- Students who have studied either course in the following list, will be deemed to have completed the core course requirement only for the purposes of: transition, program transfer, double degrees and transnational programs where a limited range of courses may be available; and granting of credit for related diploma programs such as SAIBT and Eynesbury.
- Macroeconomics/ Microeconomics/ Economic Principles
- Introduction to Law/ Marketing and Trade Practices Law
- Knowledge Management in Organisations / Business Information Systems
- Statistical Analysis in Business/ Quantitative Methods for Business/ Statistics for Business
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