STUDENTS studying BSc Real Estate offered at the University of Reading Malaysia (UoRM) will not only be recognised as real estate professionals globally but also can practice as they are equipped with a business mindset.
Henley Business School head, Prof Teck Yong Eng said there were only a handful of institutions that offered real estate as a professional degree in Malaysia.
“What sets our real estate programme apart is it is the only one professionally recognised in Malaysia by the Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia (BOVAEP), Royal Institution of Surveyors Malaysia (RISM), the UK through the Royal Institution of Chartered Surveyors (RICS) and in Singapore through the Singapore Institute of Surveyors and Valuers (SISV), ” Teck said.
He said the University of Reading’s Real Estate programme offered at its Henley Business School has consistently been ranked number one in the United Kingdom (UK) by The Complete University Guide for the past few years. The identical programme is also offered at the university’s campus at Iskandar Puteri, Johor.
The campus’ Real Estate Management Associate Prof Dr Janice Lee said on top of the fundamentals of real estate, students also learn business, economics and investment aspects of real estate and study a variety of different modules, including property law and valuation.
“It is not just about the theory, but students also get to work on real-life case studies and projects so that they are well-prepared for the industry. Many of our students also gain experience through internships at major firms and active participation in industry seminars, which enhance their employability upon graduation” explained Lee.
Lee, who is also programme lead for the school’s BSc Real Estate degree, said Proptech (Property Technology) content would be incorporated into the existing programme this September.
“We are now living in a very sophisticated and technologically advanced world so it is crucial to equip our students with the knowledge and skills to operate in that environment upon graduation, ” said Lee.
Lee said the property industry is utilising virtual and augmented reality, mobile applications and other technology-based platforms.
Meanwhile, Teck said the demand for a real estate programme in Johor was very high due to the ongoing developments at Iskandar Malaysia. He added two cohorts have already graduated from the programme and interest remains high for the programme.
“There is a shortage of qualified real estate professionals, particularly in fast-developing Asian countries where real estate continues to boom. There is a lot of potential for those who enrol in this programme here because there is so much development at the moment.
“We make sure our students are exposed and trained on all facets of real estate. One example is our students interning with Knight Frank on an online map infrastructure project in Jakarta, ” said Teck, who is also a professor in Business Enterprise and Analytics.
Real Estate Finance Associate Prof Dr Patrick Lecomte highlighted there are many different career pathways in the real estate industry, with some working in asset management and investments, while others may decide to specialise in valuation, property management, city planning and real estate consulting.
The Henley Business School’s Real Estate Programme will be holding its intake in September. SPM, ICGSE and equivalent holders can enrol onto the international Foundation Programme - Real Estate pathway. Find out more about the programme at www.reading.edu.my/henley.