BH113 - Bachelor of Property Development, Investment and Valuation (Honours)

Plan: BH113P24 - Bachelor of Property Development, Investment and Valuation (Honours)
Campus: City Campus

Program delivery and structure

Approach to learning and assessment
Work integrated learning
Program structure
Program transition plan

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Approach to learning and assessment

This program employs a diverse range of teaching and learning approaches to ensure a distinctive and quality learning environment in which students are recognised as active participants in the learning process. Courses provide interaction amongst students as a central activity so that you will have opportunities to collaborate in your learning. You will be engaged in interactive seminars and workshops, lectures, online discussions, field trips, industry site visits, industry placements and applied research projects. Current research and industry and consultancy experiences are incorporated into content and teaching approaches, and you will be encouraged and supported to see the relevance of research to current practice and to pursue your own areas of intellectual interest. 

This program exposes you to diverse and challenging perspectives, while fostering the development of critical analysis. You will be encouraged to examine and question your beliefs, to articulate and test your understandings and to confront challenging intellectual questions. The learning and teaching approaches employed in this program recognise the diverse ways students learn, the need for students to be actively engaged in learning and the need to actively foster preparation for your future professional practice. Students in this program are recognised as individuals, with different abilities and aspirations, and are provided with regular opportunities to consult individually with teaching staff. 

Courses in this program will use blended delivery, which is a mixture of face-to-face and online delivery to enable meaningful, flexible and inclusive learning experiences. Some courses will be predominantly face to face with some online learning components, while others will be mostly online, with some campus-based classes. A range of blended learning teaching strategies will be used to enhance the effectiveness of delivery and tailor your learning experience. Course materials such as learning activities, resources and assessment are provided through RMIT’s Learning Management System, Canvas. 

This program includes a range of embedded Career Development Learning and assessment activities aimed at enhancing students’ knowledge, capabilities and career awareness to prepare for and manage their careers throughout their lives.  

Assessment forms part of a structured framework designed to give you the opportunity to demonstrate your capabilities and learn from feedback as you progress. Various forms of assessment will be used throughout the program, including assessment where you will perform real-world tasks and demonstrate knowledge, skills and attitudes that you need to apply to problems and situations in contemporary work and life. Assessment tasks may include individual essays, individual and group projects, written or verbal presentations, online discussions, case studies and exams. These assessment tasks have been developed to maximise the opportunity for you to work both individually and collaboratively, and to apply your knowledge and understandings by linking theory to practice.  

The assessment in this program conforms with RMIT University's Assessment and Assessment Flexibility Policy. 

This program provides frequent opportunities for you to gain informed and constructive feedback from teachers and your peers. Teacher to student feedback is tailored to your individual performance and focused on your development. The graduate capabilities you will develop in this program have been aligned with the accreditation requirements of the accrediting professional bodies. This strengthens the relevance of this program to your future professional practice, particularly through the work integrated learning (WIL) experiences and activities that this program provides. 

Please note that if you have a disability, long-term medical condition and/ or mental health condition ELS can support you to create reasonable adjustments to ensure you can participate in your studies. You can contact the Equitable Learning Services (ELS) unit if you would like to find out more. Information about ELS can be found at: www.rmit.edu.au/students/support-services/equitable-learning.

If you have already developed areas of skill and knowledge included in this program (for example, through prior studies or work experience) you can apply for credit once you have enrolled in this program. There is information on the RMIT University website about how to apply for Recognition of Prior Learning (RPL) http://www.rmit.edu.au/students/enrolment/credit/he 

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Work integrated learning

RMIT is committed to providing students with an education that strongly links formal learning with workplace experience. As a student enrolled in an RMIT program you will:  

• undertake and be assessed on a structured activity that allows you to learn, apply and demonstrate your professional or vocational practice  
• interact with industry and community when undertaking this activity  
• complete an activity in a work context or situation that may include teamwork with other students from different disciplines.  
• underpin your learning with feedback from interactions and contexts distinctive to workplace experiences. 

In this program, you will be doing specific courses that focus on work integrated learning (WIL). You will be assessed on professional work in a workplace setting and receive feedback from those involved in your industry. Any or all of these aspects of a WIL experience may be in a simulated workplace learning environment. 

Work integrated learning has been incorporated into the following compulsory (core) courses: 

• OMGT2238 - Applied Valuation 
• OMGT2251 - Applied Property Development  

OMGT2238 - Applied Valuation involves your direct consultation with industry to support your learning and provide feedback on your progress as you develop and apply your knowledge of valuation techniques.

OMGT2251 - Applied Property Development involves feedback from industry which will support you to develop your knowledge of development processes. 

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Program Structure

Please note that some courses listed in this structure will have their course marks count toward your program's weighted average mark. Your weighted average mark will determine the honours level of your award once you have completed the program. If a course counts toward your weighted average mark, that fact will be stated in its course guide. In Enrolment Online, after you completed your course enrolment, you will be notified which of the enrolled courses will count toward the weighted average mark.
For more information about the weighted average mark, please click here. To graduate you must complete the following: Note: All Courses listed may not be available each semester - Twenty eight (28) core courses - Four (4) courses (48cp) from one of the following combinations: Combination 1: Four (4) courses from one of the Program Minor lists or; Combination 2: Complete Four (4) courses from the any of the Program Minor lists and/or University Electives Program Option courses mean all courses listed within each Minor in this program. University Electives can include any Program Option course, or any other course on the University Electives website. A minor is typically 48 credit points. The list of minors can be found at the end of the Program Structure.
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Year One of Program
Complete the following Eight (8) Courses:
Course Title Credit Points Course Code Campus Introduction to Buildings 12 BUIL1226 City Campus Introduction to Property 12 OMGT2214 City Campus Project Management Concepts 12 BUSM3307 City Campus Communications for Built Environment Professionals 12 BUIL1230 City Campus Introduction to Construction Processes 12 BUIL1227 City Campus Property and Capital Markets 12 BUIL1228 City Campus Techniques for Project Planning and Management 12 BUSM3308 City Campus Managing for Sustainability 12 BUIL1229 City Campus
AND
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Year Two of Program
Complete the following Eight (8) Courses:
Course Title Credit Points Course Code Campus Property Accounting 12 MKTG1316 City Campus Property Law Advanced 12 OMGT2242 City Campus Property Economics 12 BUIL1149 City Campus Introduction to Built Environment Law 12 BUIL1247 City Campus Introduction to Property Development 12 MKTG1318 City Campus Investments: Concepts and Applications to Property 12 MKTG1319 City Campus Valuation Process and Methods 12 MKTG1320 City Campus Property Planning and Public Policy 12 OMGT2240 City Campus
AND
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Year Three of Program
Complete the following Seven (7) Courses:
Course Title Credit Points Course Code Campus Investment Valuation Methods 12 OMGT2239 City Campus Property Asset Management 12 OMGT1156 City Campus Urban Land Economics 12 OMGT2241 City Campus Property Data Analysis 12 OMGT1117 City Campus Property Technology 12 OMGT2237 City Campus Applied Valuation 12 OMGT2238 City Campus Research Methods for the Built Environment 12 BUIL1305 City Campus
AND
Complete 12 credit points from your selected combination.
AND
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Year Four of Program
Complete the following Five (5) Courses:
Course Title Credit Points Course Code Campus Statutory Valuation 12 OMGT1129 City Campus Applied Property Development 12 OMGT2251 City Campus Research Practice 1 12 BUIL1306 City Campus Securitised Property 12 OMGT2252 City Campus Research Practice 2 12 BUIL1307 City Campus
AND
Complete 36 credit points from your selected combination.
AND
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Minor List
List of Minor(s):
AND
(
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Minor: Working in a Global Context
Select and Complete One (1) Course from the following:
Course Title Credit Points Course Code Campus Global Careers 12 SOCU1031 City Campus Intercultural Communication 12 SOCU1025 City Campus Work in Global Society 12 BUSM4558 City Campus
AND
Select and Complete Three (3) Courses from the following:
Course Title Credit Points Course Code Campus French 1 12 LANG1167 City Campus French 2 12 LANG1182 City Campus German 1 12 LANG1166 City Campus German 2 12 LANG1180 City Campus Japanese 1 12 LANG1093 City Campus Japanese 2 12 LANG1094 City Campus Spanish 1 12 LANG1168 City Campus Spanish 2 12 LANG1178 City Campus Chinese 1 12 LANG1068 City Campus Chinese 2 12 LANG1069 City Campus Property in a Global Context 12 BUIL1318 City Campus Global Processes 12 SOCU1011 City Campus Global Mobility and Ethnic Relations 12 SOCU1027 City Campus Language in the Global Workplace 12 SOCU1049 City Campus
OR
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Minor: Construction Innovation & Digital Technology
Complete the following Four (4) Courses:
Course Title Credit Points Course Code Campus Integrated Building Information Modelling 12 BUIL1256 City Campus Construction Technology 1 12 BUIL1325 City Campus Construction Technology 2 12 BUIL1258 City Campus Construction Specialisation 12 BUIL1264 City Campus
OR
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Minor: Managing Construction Business
Complete the following Three (3) Courses:
Course Title Credit Points Course Code Campus Production Planning and Management 12 BUIL1243 City Campus Construction and Business Enterprise 12 BUIL1249 City Campus Industrial Environment 12 BUIL1266 City Campus
AND
Select and Complete One (1) of the following Courses:
Course Title Credit Points Course Code Campus Management and Leadership in Construction 12 BUIL1308 City Campus Construction Specialisation 12 BUIL1264 City Campus
OR
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Minor: Construction Cost and Contract Management
Complete the following Four (4) Courses:
Course Title Credit Points Course Code Campus Construction Contract Law 12 BUIL1252 City Campus Cost Planning and Tendering 12 BUIL1142 City Campus Construction Contract Administration 12 BUIL1260 City Campus Shape - A Multidisciplinary and Project Based Elective 12 BUIL1322 City Campus
OR
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Minor: Further Project Skills
Complete the following Four (4) Courses:
Course Title Credit Points Course Code Campus Quality Management 12 BUSM3132 City Campus Project Administration 12 BUIL1156 City Campus Project Risk Management 12 BUSM4303 City Campus Project Planning and Communications 12 BUSM4301 City Campus
OR
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Minor: Project Management Practice
Complete the following Four (4) Courses:
Course Title Credit Points Course Code Campus Management Fundamentals 12 BUSM4169 City Campus Project Management Domains 12 BUSM4300 City Campus Leadership in Project Management 12 BUSM4304 City Campus Professional Practice in Project Management 12 BUSM4305 City Campus
OR
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Minor: Urban Strategy and Sustainable Planning
Complete the following Three (3) Courses:
Course Title Credit Points Course Code Campus Strategic Urban Planning 12 ARCH1204 City Campus Planning and Environmental Regulation 12 ARCH1059 City Campus Integrated Transport Planning 12 ARCH1313 City Campus
AND
Select and complete One (1) of the following Courses:
Course Title Credit Points Course Code Campus Urban Design and Planning 12 ARCH1061 City Campus Climate Change Responses 12 ENVI1212 City Campus
OR
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Minor: Blockchain Enabled Business
Complete the following 48 credit points:
Course Title Credit Points Course Code Campus The Blockchain Economy 12 ECON1349 City Campus Cryptofinance & Cryptocurrency 12 BAFI3236 City Campus Blockchain Applications and Smart Contracts 12 INTE2554 City Campus Blockchain for Business 12 ISYS3408 City Campus
OR
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Minor: Entrepreneurship
Complete the following 48 credit points:
Course Title Credit Points Course Code Campus The Foundations of Entrepreneurship 12 BUSM1311 City Campus Applied Entrepreneurship 12 BUSM4052 City Campus Driving Innovation in Organisations 12 BUSM1321 City Campus Entrepreneurship and Global Challenges 12 BUSM4054 City Campus
OR
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Minor: Finance
Complete the following 48 credit points:
Course Title Credit Points Course Code Campus Financial Markets and Institutions 12 BAFI1002 City Campus Corporate Finance 12 BAFI1008 City Campus Equity Investment and Portfolio Management 12 BAFI1042 City Campus Money and Debt Markets 12 BAFI3271 City Campus
OR
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Minor: Financial Planning
Complete the following 48 credit points:
Course Title Credit Points Course Code Campus Personal Wealth Management 12 BAFI1014 City Campus Financial Markets and Institutions 12 BAFI1002 City Campus Superannuation and Retirement 12 ACCT2286 City Campus Risk, Insurance and Social Security 12 ACCT2287 City Campus
OR
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Minor: Marketing
Complete the following 48 credit points:
Course Title Credit Points Course Code Campus Marketing Principles 12 MKTG1025 City Campus Buyer Behaviour 12 MKTG1050 City Campus Marketing Communication 12 MKTG1041 City Campus Market Research 12 MKTG1045 City Campus
)
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Program transition plan

This plan replaces BH113 Bachelor of Applied Science (Property and Valuation) (Honours). The first intake into this plan will be semester 1, 2024. 

All students who will be continuing their studies in 2024 will be transferred to this plan and will be provided with a study plan and a transition map of the same or equivalent courses to enable enrolment into this plan. 

Transition map of courses from the old to new program plans

Current program structure (BH113)	Replacement course in new program structure (BH113P24)
Year 1		Change
BUIL1226	Introduction to Buildings	12	BUIL1226	Introduction to Buildings	12	No change
OMGT2214	Valuations and Property Principles	12	OMGT2214	Introduction to Property	12	Existing course – new title
BUSM3307	Project Management Concepts	12	BUSM3307	Project Management Concepts	12	No change
BUIL1230	Communications for Built Environment Professionals	12	BUIL1230	Communications for Built Environment Professionals	12	No change
BUIL1227	Introduction to Construction Processes	12	BUIL1227	Introduction to Construction Processes	12	No change
BUIL1228	Property & Capital Markets	12	BUIL1228	Property & Capital Markets	12	No change
BUSM3308	Techniques for Project Planning and Management	12	BUSM3308	Techniques for Project Planning and Management	12	No change
BUIL1229	Managing for Sustainability	12	BUIL1229	Managing for Sustainability	12	No change
Year 2
MKTG1316	Property Accounting	12	MKTG1316	Property Accounting	12	No change
OMTG2237	Property Spatial Analysis	12	OMTG2237	Property Technology	12	Change of title Moved to year 3
OMTG1117	Property Data Analysis	12	OMTG1117	Property Data Analysis	12	Moved to year 3
BUIL1247	Introduction to Built Environment Law	12	BUIL1247	Introduction to Built Environment Law	12	No change
MKTG1318	Introduction to Property Development	12	MKTG1318	Introduction to Property Development	12	No change
MKTG1319	Investment Concepts and Applications to Property	12	MKTG1319	Investment Concepts and Applications to Property	12	No change
MKTG1320	Valuation process and methods	12	MKTG1320	Valuation process and methods	12	No change
BUSM4457	Strategic Facility Management	12		Minor option or University elective	12	Replacement course option
Year 3
OMGT2239	Investment Valuation Methods	12	OMGT2239	Investment Valuation Methods	12	No change
OMGT1156	Property Asset Management	12	OMGT115	Property Asset Management	12	No change
OMGT2241	Urban Land Economics	12	OMGT2241	Urban Land Economics	12	No change
BUIL1149	Property Economics	12	BUIL1149	Property Economics	12	Moved to year 2
OMGT2242	Property Law Advanced	12	OMGT2242	Property Law Advanced	12	Moved to year 2
OMGT2238	Applied Valuation	12	OMGT2238	Applied Valuation	12	No change
OMGT2240	Property Planning and Public Policy	12	OMGT2240	Property Planning and Public Policy	12	Moved to year 2
BUIL1305	Research Methods for the Built Environment	12	BUIL1305	Research Methods for the Built Environment	12	No change
Year 4
OMGT1129	Statutory Valuation	12	OMGT1129	Statutory Valuation	12	No change
OMGT2251	Applied Property Development	12	OMGT2251	Applied Property Development	12	No change
BUIL1306	Research Practice 1	12	BUIL1306	Research Practice 1	12	No change
BUIL1307	Research Practice 2	12	BUIL1307	Research Practice 2	12	No change
	University Elective	12		Minor option or University elective	12	No change
	University Elective	12		Minor option or University elective	12	No change
	University Elective	12		Minor option or University elective	12	No change

 

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