Buying, selling, valuing, and negotiating - markets and people move fast in real estate and property managers need to have resourcefulness and business acumen to stay ahead.
At ICMS we train you to think like a property manager. Working with real-world scenarios you’ll learn how to make informed business decisions, thinking strategically to predict the movements of industry. Property managers are wanted worldwide for their ability to manage complex issues related to real estate such as purchase, sale, leasing, valuation and development of property.
Every major company with property relies on a property manager to ensure their assets keep their value. With a professionally recognised property management degree from ICMS you have huge earning and employment potential in as diverse as industrial, rural, commercial and residential areas property. Positions range from small property management firms to large commercial development companies.
Course CRICOS Code: 068279G
A property degree designed by the best, for the best
When it comes to a degree specialising in property development, facilities management, valuation and real estate – we are the property people. Our Bachelor of Property (Development, Investment and Valuation) was designed by our ICMS property industry professionals including our respected staff and industry partners. Things move quickly in real estate and property managers need the knowledge and skills to make big decisions and anticipate trends in the property market. Our property degree is reviewed and refined so that we continue to meet the demands of this dynamic industry.
1,200 hours of real industry experience
When you graduate from ICMS you’ll have more than just a degree. Built into your qualification is 1,200 hours (9 months) of industry experience. Our industry training consultants will help place you in an organisation relevant to your studies so that after your degree you’ll have an impressive CV, a network of contacts and a significant advantage over other graduates.
You’ll think outside the box and outside the classroom
Theory is important, it will teach you the fundamentals you need to be a property management leader. But nothing is as valuable as putting theory into practice. In addition to your industry training, you’ll gain hands-on experience through practical classes. You’ll renovate a derelict property, negotiate and network with industry professionals, and take your learning of property law offsite as you experience a real case at the Environment and Planning Court.
You are an industry leader in training
This degree is far more than a real estate training program. Combining specialised property subjects with business, we train you in the critical thinking and analytical skills you’ll need to prepare for a management role after you graduate.
We’re the global industry experts
At ICMS we have lecturers with international careers who are experts in property management. Our guest lecturers come from the very best in industry in Australia and internationally. You will also learn first-hand about international property markets when you take a study tour to an international city. Travelling to countries like Turkey and the United Arab Emirates, you will meet with successful property developers, real estate brokers and investors.
Property managers are leaders in the business of buildings - from property acquisition and development, to use and maintenance, marketing and finance, and valuation and sales. Property management has become a global industry with a shortage of qualified professionals for many key roles. At ICMS we are the management specialists, training you for an international career as a property management leader.
When you graduate with an ICMS Bachelor of Property (Development, Investment and Valuation) your industry experience and blend of practical and management training will see you ready for an impressive career in property.
Here are some of the positions you could end up working in:
|Facilities Manager||Strata Manager||Business Manager|
|Portfolio Manager (Corporate)||Retail Centre Manager||Operations Manager||Contract Manager|
|Project Manager||Senior Property Manager|
NEXT GENERATION PROPERTY MANAGEMENT
ICMS degrees focus on the next generation of education, getting you job-ready by embedding industry training and practical experience into each degree. To be an exceptional property manager you need to have a sound knowledge of relevant legislation, an understanding of building best practices and the skills to communicate with all types of industry professionals. We’ll put your understanding of property and business theory to work by sending you outside the classroom with these practical education opportunities.
EDUCATION THROUGH RENOVATION
As a property manager you need to know about real estate assets from the inside out. From the different properties of building materials and the best ways to deal with building defects, to the creative and functional aspects of building interior and exterior design. You will renovate a derelict property in Manly as part of your studies. Property managers work closely with professionals in all aspects of industry and during this renovation you will learn how to network, negotiate, and liaise with tradesmen, designers and the local council to get the job done.
DEVELOP AN APTITUDE FOR APPLICATIONS
A development idea might be incredible but without a property development application, that masterpiece just can’t be built. By interviewing a range of people including town planners, engineers, builders and developers, you will get the information you need to prepare your own property development application. You’ll learn how to get the permissions required to make your development plans a real possibility.
GO ABROAD AND BROADEN YOUR PERSPECTIVE
Skyscrapers in Dubai or shopping centres in Shanghai - the world is full of amazing properties that just need to be experienced to be understood. Experience our study tours to international cities and meet with successful property developers, real estate brokers and investors to learn how the property markets differ between countries. In 2014 the two-week property tour was to Hong Kong, Singapore and Shanghai. In 2015 we’ll be flying to the United Arab Emirates and Turkey to meet with industry professionals and view developments in Dubai and Istanbul.
REAL ESTATE IN A REAL COURTROOM
Take your understanding of property law to a new level by sitting in on real property cases when you visit the Environment and Planning Court. Make your own judgment as a spectator to real court proceedings with a case that is being decided in front of you.
BUILD CONNECTIONS IN PROPERTY
At ICMS we are connected, with industry and with each other. You will mix with property professionals including property developers, financiers and sales managers at networking functions like our property graduate barbeques held every trimester. You’ll learn from our own graduates and directly from industry professionals about the best ways to succeed in property management. You’ll experience guest lectures from industry leaders each trimester. A recent guest lecturer was internationally renowned restaurant designer, Mike McCann. His award winning development of the ground floor dining and bar at the Four Seasons in Sydney was a perfect location for a site visit for our students.
OUR INDUSTRY CONNECTIONS ARE YOUR CONNECTIONS...
We have an impressive network of property industry partners. These leading companies provide our ICMS community with invaluable industry insight and experience. When it is time to embark on your industry training, we work closely with them to find a suitable placement that is the best fit for your skills, interests and professional goals. Your industry training could take you to a major city or regional area in Australia, or even an international city. Not only is this an invaluable experience, it is also a chance to grow your professional network. For many of our graduates this experience introduces them to their future employers.
Property managers need to be the experts of their buildings and developments. They may not be working as engineers, but they need to know how buildings are constructed, the types of materials and building techniques used, and how to analyse plans and understand contracts. From dealing with leaks, cracks and mould revenue, to project managing a major development, you will learn the essentials in building construction. You will also learn the jargon and negotiation skills for working with builders, tradesmen, architects, draftsmen, town planners, and council.
PROPERTY INVESTMENT AND FINANCE
Property development involves investment and a sound knowledge of financial principles. It can be the difference between a development triumph that is a commercial success, and one that ends up losing money. Your financial plan will help you answer questions like: Should I renovate or demolish and rebuild? Should I seek out other investors or go it alone? Is this project financially viable? Any property development project will require financing and this subject will introduce you to the essential financial concepts you’ll need.
Commercial property values can be influenced by location, size, expenses, and leasing revenue just to name a few. You will learn how commercial valuation professionals research and report on the value of a commercial property. You will develop your knowledge even further when you examine the commercial mediation and arbitration that can be a part of the commercial valuation process. You will investigate the best strategies for performance and analyse commercial valuations that may be used for financial reporting, insurance, litigation, tax or sales.
Typical Study Pattern
- Managing People and Organisations
- Contemporary Marketing
- Property Development
- Introduction to the Property Industry
- Accounting Fundamentals
- Service Management and Innovation
- Introduction to Human Resources
- Principles of Valuation
- Business Statistics
- Business Economics
- Facilities Management
- Commercial Valuation
- Industry Training I
- Industry Training II
- Career Planning and Strategy
- Elective Level 200
- Property Management
- Land and Property Law
- Applied Leadership
- Research Methods
- Elective Level 200
- Commercial Real Estate
- e-Commerce and Social Media
- Strategic Management
- Elective Level 300
- Property Investment and Finance
- Design Concepts
- Elective Level 300
- Research Project