Master of Property (MC-PROP) // Attributes, outcomes and skills
About this course
Contact
Course Coordinator
Raghu Dharmapuri Tirumala
Email: dtvraghu@unimelb.edu.au
Currently enrolled students:
Future students:
Professional accreditation
It is expected that graduates of the Master of Property will have completed the academic requirements for membership of:
- Australian Property Institute (API)
- Royal Institution of Chartered Surveyors (RICS)
Intended learning outcomes
On completion of this course, graduates will be able to:
Knowledge
- Demonstrate a high level of technical knowledge of the property development, valuation, investment and finance, and operation;
- Understand a broad range of economic and management theories, including their practical application in the development, investment and management of global real property assets that meet the client's financial, functional and operational requirements;
- Recongise and demonstrate an understanding of how property (development, investment and management) projects are evaluated, structured and delivered in terms of their risk allocations and viability;
- Have the ability to research, analyse, evaluate, discuss and develop solutions to a wide range of comtemporary and emerging challenges facing the property industry.
Skills
- Apply a mix of technical, interpersonal, professional, business and management skills relevant to the successful development, valuation, investment, financing and operation of real property assets.;
- Demonstrate technical skills to undertake property market analysis; development feasibility; asset valuation for various purposes; investment portfolio analysis; modelling and evaluation of real estate assets, for redevelopment, valuation and asset repositioning; advanced financial structuring; and property management;
- Demonstrate technical skills related to property law and planning as required for successful property development and valuation;
- Apply cognitive and creative skills to evaluate and research property issues;
- Apply cognitive, technical, interpersonal, communication and technical skills that demonstrate the ability to synthesise complex information then plan, organise, lead and control a property development, valuation, investment or management task;
- Apply communication and technical skills to avoid conflict, manage risk and monitor project progress;
- Evaluate and communicate contemporary educational research ideas and findings to the wider educational community.
Application of knowledge and skills
- Apply theories strategically and creatively in addressing key property industry issues and/or undertaking property industry related activities;Work individually and collaboratively to establish and evaluate requirements of property development, valuation, investment, financing and management;
- Ability to plan and execute a substantial research-based project and/or piece of scholarship.
Graduate attributes
- Graduates of Master of Property will have knowledge and understanding of full range of direct and indirect property activities (development, investment, finance, valuation, management of properties and practices) nationally and internationally.
- Graduates will have sound knowledge of recent developments in property discipline and areas of professional practice.
- Graduates will have knowledge of research principles and methods as applicable to property professional practice as well as for new knowledge creation.
- Graduates will have skills to demonstrate mastery in inspection, measurement of land and property, analysing development feasibility, valuation, property portfolio management and market analysis.
- Graduates will have sound professional communication, negotiation, data management and software skills.
- Graduates will have research skills to generate and evaluate complex ideas related to the discipline.
- Graduates will have research and communication skills to justify and interpret property related propositions, methodologies, conclusions and professional decisions to specialist and non-specialist audiences.
- Graduates will demonstrate the application of knowledge and skills to various property activities from the direct to the indirect, and from the national to the international through planning and execution of research project or a capstone.
Last updated: 17 March 2025