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Real Estate Development - master

120 credits, taught in Norwegian. Contact: Department of Landscape Architecture and Spatial Planning (ILP), www.umb.no/ilp


Social relevance


The programme has been established due to a specific need for higher education in real estate development in Norway. Principles for real estate development may be internationally based, but operative competence must be related to concrete knowledge of local conditions. The programme is professionally oriented and thus adapted to the need for knowledge of the legal framework and the societal \'rules of play\' for real estate management and development in Norway. This applies to both the theoretical part of the programme and on the practical level, in compulsory project work.

Qualifications after graduation


The programme qualifies for professional participation in projects for development and change related to properties, areas and buildings. The programme qualifies graduates to work in real estate firms and with contractors, developers and entrepreneurs, in the developer/consultant sphere, or in public management.

Admission requirements


Bachelor\'s degree, 180 credits, in business administration or similar. Max. 25 students are admitted each year.

Learning outcomes


The programme qualifies for professional participation in projects related to changes in property, area and construction. The candidates will acquire knowledge of the different parts of a real estate development process, and they will be able to communicate with all players involved in such a development project. They will acquire knowledge of economic analysis, social understanding, legal/institutional framework and the plan process itself. They will acquire analytical skills, critical abilities, and interest in and respect for other fields and players in the process.

Learning activities


Lectures, independent studies, project and group work, field work, seminars with guest lecturers. Final written examination or continuous assessment.

Evaluation


At the beginning of the programme, students are assessed mainly through written tests, but later the assessment increasingly focuses on the ability to deal with complex problems and issues, through field work and project assignments.

Programme contents and structure


The first part of the programme gives students insight into the Norwegian real estate market and the legal framework for real estate/real estate development. The students are introduced to the sectors of the real estate market (estates, holiday houses, commercial properties) and factors that influence these sectors. In addition, the students acquire basic insight into building technique and practical project work related to construction projects. In the next part of the programme, the students learn about macroeconomics and investment/finance theory, enabling them to assess projects from a commercial and social point of view. In addition the students get more in-depth knowledge of the legal framework (law of property, the planning and building act, environmental law etc). The last year concentrates mainly on the students\' ability to apply knowledge through projects and field work. The course ends with a master thesis (30 credits). As the study is multidisciplinary, instruction is given partly by the Department of Economics and Resource management (IØR) and the Department of Mathematical Sciences and Technology (IMT). Subjects related to business activity and tax, macroeconomics and business administrative methods in investment and finance, are taught by IØR and subjects on building and enterprise are taught by IMT. The structure of the programme is quite stringent as the students are assumed to acquire high competence many areas within the two year time frame. The study plan can be individually adapted to the students\' knowledge and interests through field work/project assignment and the master thesis.

Cooperation with other institutions


It will be difficult to integrate study periods at other Norwegian universities. There are no equivalent programmes at other Norwegian educational institutions. If the programme is extended ot a 5-year Master\'s degree programme, or if equivalent programmes are established elsewhere, it will be natural to cooperate with universities in Norway and abroad.

Studies abroad


The tight time frame of the programme makes it difficult to integrate study periods abroad.

Arrangements for incoming exchange students


The programme is open for international students, but central topics must be in Norwegian. If the programme is extended ot a 5-year Master\'s degree programme, or if equivalent programmes are established elsewhere, it will be natural to cooperate with universities in Norway and abroad.

Accessibility


You can find general information on accessibility and individual facilitation for students with disabilities or special needs at UMB here: http://www.umb.no/Learning-environment/article/student-everyday-life
 
Norwegian University of Life Sciences (UMB)
PO Box: 5003, N-1432 Ås
Phone: (+47) 64 96 61 00
Fax: (+47) 64 94 75 05
E-mail: opptak@umb.no

 
Presentation




Interessert i urban design? Interessert i eiendom? Interessert i dyr? Interessert i miljø? Interessert i fornybar energi Interessert i biologi? Interessert i økologi? Interessert i mat og helse? Interessert i bioteknologi? Interessert i landskap? Interessert i økonomi? Interessert i lærerutdanning eller realfag? Interessert i teknologi? Interessert i landbruk? Interessert i utvikling?