RE2MRES-Management in the Real Estate Sector

Module Provider: Real Estate and Planning
Number of credits: 20 [10 ECTS credits]
Level:5
Terms in which taught: Autumn / Spring / Summer module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2019/0

Module Convenor: Dr Ashley Dabson

Email: a.dabson@reading.ac.uk

Type of module:

Summary module description:

The module provides students with an understanding of the key themes and issues in management as they relate to the real estate sector. It is designed to provide students with the basic management skills that they will need to succeed in delivering real estate solutions in a business environment. 

This module is delivered at the University of Reading and University of Reading Malaysia. 

Aims:

This module aims to provide students with an understanding of the key themes and issues in management and how to apply them to property as a resource and to the real estate sector. 

Assessable learning outcomes:

By the end of the module it is expected that students will be able to: 

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  Explain what managers do, including the management process; 

  
  

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  Explain real estate entrepreneurship and identify the skills required for success; 

  
  


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  Outline key management theories and assess their relevance to current real estate organisations; 

  
  


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  Interpret simple company accounts, recognising the impact of taxation upon real estate SMEs; 

  
  


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  Outline key governance and risk management principles; 

  
  


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  Produce and present a simple new venture business plan for a real estate related business. 

  
  

 

Additional outcomes:

In addition, students should be able to: 

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  Present their own ideas to others 

  
  


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  Work in a team to achieve defined results 

  
  


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  Draft a simple real estate related business plan 

  
  

Outline content:

Entrepreneurship, self and people management, management concepts, organisational structures, 

Stakeholders, accounting, taxation, business planning, budgeting, marketing and presenting business proposals. 

Global context:

Worldwide

Brief description of teaching and learning methods:

Lectures, seminars, debates and student presentations.

Contact hours:

	Autumn	Spring	Summer
Lectures	18	14	2
Practicals classes and workshops	1	1
Guided independent study:
Wider reading (independent)	34	28
Exam revision/preparation			40
Advance preparation for classes	4
Preparation for presentations	4	8
Completion of formative assessment tasks	10
Revision and preparation		4
Group study tasks	10	20
Reflection		2
Total hours by term	81	77	42
Total hours for module	200

Summative Assessment Methods:

Method	Percentage
Written exam	80
Oral assessment and presentation	20

Summative assessment- Examinations:
One three-hour examination (80% weighting).

Summative assessment- Coursework and in-class tests:

Week 29 spring term (A 15-minute student presentation for a new business delivered as part of a group of four or five students to three external business executives). 

Formative assessment methods:

Week 7 autumn term (Student debate or negotiation in teams of four or five with verbal feedback only). 

Penalties for late submission:
The Module Convener will apply the following penalties for work submitted late:

where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day[1] (or part thereof) following the deadline up to a total of five working days;

where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

The University policy statement on penalties for late submission can be found at: http://www.reading.ac.uk/web/FILES/qualitysupport/penaltiesforlatesubmission.pdf
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:
A mark of at least 40%.

Reassessment arrangements:

A single three-hour re-sit examination. 

Additional Costs (specified where applicable):

Last updated: 26 July 2019