Real Estate

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MA (Hons) Real Estate

Study Real Estate at AFG College with the University of Aberdeen in Qatar.

Real Estate

The MA (Hons) Real Estate programme has a strong emphasis on commercial real estate, investment and finance, valuation, and development within the context of local, national, and international real estate markets and capital markets. The programme was launched in 2003 when the University of Aberdeen Business School was established.

In Qatar, this would be the first undergraduate Real Estate programme, and pending successful accreditation, it will become one of the few RICS-accredited Real Estate programmes in the Middle East. Qatar recognises the critical need to cultivate a capable and sustainable workforce to manage its intricate systems, infrastructure, and rapid urban development. The programme aims to address the shortage of expertise in the built environment.

Graduates are likely to pursue careers in commercial real estate, property finance and investment, banking, valuation, and corporate real estate. This degree opens the door to a wide range of roles across both government and industry, offering broader career prospects than many other built environment programmes. The University of Aberdeen is also ranked 3rd in the UK, 4th in Europe, and 19th globally for real estate research (EduRank 2024).

Please note: MA (Hons) is equivalent to a Bachelor degree with Honours.

At a glance

On Campus Learning
MA (Hons)
4 Years
Full Time
September

What You'll Study

Year 1
Academic Practice for Study (QB 1001)

Introductory course focusing on developing academic practice skills.

View detailed information about the Academic Practice for Study course

English for Academic Purposes (QB 1002)

This course aims to provide students with relevant competencies and skills in the use of English for academic purposes, to critically engage with reading and listening material, and to develop skills for analysis and critical assessment.

View detailed information about the English for Academic Purposes course

Culture, Society and Business in the 21st Century (QB 1003)

The Business, Culture and Society course is designed to cover broad issues and trends in business, and to do this in a way that encourages students to understand what is that makes up appropriate university level practice.

View detailed information about the Culture, Society and Business in the 21st Century course

Data, Information and Knowledge for Business (QB 1004)

This course aims to equip students with the foundational academic and practical skills to enable the further study of business, finance, statistics, and economics.

View detailed information about the Data, Information and Knowledge for Business course

Introduction to Economics (QB 1502)

The course is an introduction to Economics and aims to develop an understanding of the economics of the markets at a microeconomic level and the economy at the macroeconomic level. It will include the study of the behaviour of economic agents such as consumers, workers, households, firms, central banks and governments. It seeks to investigate how objectives such as utility, social welfare, profits, GDP and growth are pursued. The course allows students to acquire skills in positive analysis to gain a deeper understanding of the factors determining trade in markets, whilst also start to develop some of the normative analytical policy tools, with attention given to optimal industry specific, monetary and fiscal policy recommendations.

View detailed information about the Introduction to Economics course

Introduction to Finance (QB 1503)

This foundation course in finance, risk and investment is the requisite for several degree programmes and for level 2 real estate and finance courses. The module considers the nature and operation of investment markets, focusing on three asset classes; shares, bonds and real estate. It looks at the characteristics of these investment options in terms of their risks and returns. The module introduces basic financial mathematics: time value of money, calculation of present values and investment rates of return. Finally, it considers the role of financial institutions and regulatory bodies in personal finance, where consumers and financial markets interact.

View detailed information about the Introduction to Finance course

Introduction to the Management of Organisations (QB 1504)

A level 1 Introductory course to introduce theoretical and management concepts of organization in order to develop and understanding of their relevance and application in today's world of business.

View detailed information about the Introduction to the Management of Organisations course

Understanding Property (QB 1505)

This course introduces students to the world of the built environment, professional surveying practice and the construction industry. The first section of the course discusses the different types and characteristics of propert and the different legal interests that can exist in property, why people invest in property and why and how property is developed; the second section focuses on the design and construction of buildings, the identification of defects as well their impact on the environment and relevant sustainability issues.

View detailed information about the Understanding Property course

Year 2
Land and Property Economics (QR 2001)

The course will facilitate greater understanding of real estate and land markets and of the linkages between supply, demand and price. It will provide explanations of market behaviour and discuss activity patterns and outcomes with reference to specific property markets. Students will gain an understanding of the institutions that govern land use and real estate transactions and will develop skills to identify and interpret property market data in order to analyze market sectors and property types. Students will also make critical economic assessments of land use and planning policy and the methods of policy delivery.

Land and Property Law (QR 2002)

This course considers the different legal relationships which can exist with regard to rights in land and to outline the implications of these relationships. This course is intended to enable participants:

  • To understand the place of land tenure in society.
  • To explain the concept of ownership and its implications.
  • To describe the principal forms of subordinate right that can be carved out of land ownership.
  • To identify and explain the principal restrictions on land ownership, including planning law and land reform.
Understanding Statistics (QB 2504)

This course aims to provide students with an understanding of statistical concepts and methods relevant to accounting, management, finance, real estate and economics. The course is intended to enable students to:

  • understand the principles of descriptive statistics, index construction, statistical inference, correlation, regression and time series analysis
  • apply statistical techniques to the analysis of accounting, business and economic issues and interpret findings
  • identify important sources of data in accounting, business and economics

View detailed information about the Understanding Statistics course

Principles of Property Valuation (QR 2503)

This course deals with the detail of why property requires to be valued and how the valuation process operates by way of the implementation of the RICS “Red Book”. The five property valuation methods are discussed via a series of lectures supplemented by tutorials/workshops in which valuation problem-solving tasks are discussed, with a focus on the investment method and the critique of traditional approaches.  Practical valuation exercises are undertaken, which include the inspection and measurement of property and the analysis of comparable evidence.


Plus 60 credit points from courses of choice

Year 3
Applied Valuation (QR 3001)
This course applies the principles of valuation taught at level 2 to more complex real world examples. Topics covered include rent reviews, compulsory purchase, property investment, property development and national and local taxation.  Numeracy and analytical skills are further developed along with expertise in the use of Excel.  In addition, the course also covers professional surveying practice, including ethics, and stimulates students to consider their career path by requiring students to prepare a CV and prepare for a mock interview.
Real Estate Development and International Investment (QR 3502)

The course covers two key aspects of real estate, namely development and international investment.  While development is an intrinsically local activity, the drivers of demand to occupy and invest in real estate are increasingly global.  Thus, the course first deals with the process of development and then provides the context of globalisation of economies and real estate markets, which underlies the demand for real estate occupation and investment.

View detailed information about the New Venture Development course

Plus 60 credit points from Level 3 courses of choice to gain a total of 120 credits, including at least 30 credits from QB coded courses

Year 4
Responsible Real Estate Asset Management (QR 4001)

This course takes an experiential learning approach to develop knowledge and experience gained in previous real estate courses. The course is structured primarily around workshops, in which students will critically evaluate typical problems encountered when managing a real estate portfolio and make decisions which will feed forward into their portfolio. Managing responsibly – considering the social, environmental and economic impact of your actions - is at the heart of this course.

Real Estate Portfolio Investment (QB 4502)

The course introduces students to concepts of portfolio management and recent developments regarding real estate investment vehicles. The course takes a financial economics viewpoint and places real estate investments within this context. The course covers such important aspects as securitization of initially illiquid real estate assets, the management of building portfolios and the use of index swap contracts for risk management purposes. The course discusses also real option theory and applies it to land development and the pricing of lease contracts.


Plus either:

Real Estate Dissertation (QB 4503)

The dissertation is an independent piece of work. The choice of topic is largely your own but approval must be obtained from the course coordinator and your dissertation supervisor. The dissertation should contain a large degree of original work and allow you to demonstrate in depth the skills and knowledge you have acquired on the MSc. The dissertation should be around 15000 words in length. You will be expected to show competence for independent work and to demonstrate a clear definition of the problem or subject area to be studied and the formulation and expression of a logical, workable solution.


Or:

Professional Work Placement (QB 4004)

 

Plus 30 credit points from Level 4 courses of choice

How You'll Study

Course delivery is by means of lectures, seminars and small group tutorials. On specific courses, these will be supplemented by external speakers.

Learning Methods

Group Projects
Individual Projects
Lectures
Tutorials

Assessment Methods

 

Students are assessed by any combination of three assessment methods:

  • Coursework such as essays and reports completed throughout the course.
  • Practical assessments of the skills and competencies they learn on the course.
  • Written examinations at the end of each course.

The exact mix of these methods differs between subject areas, years of study and individual courses.

Why Study Real Estate?

 

Students will be able to:

  • demonstrate knowledge and understanding of the theories and principles which underpin the real estate market
  • show understanding of the approaches and techniques used to value real estate
  • exhibit expertise of the structures and models used to assess and manage real estate investment risk and return

Academic Requirements

  • Qatar Public Schools: 70% or above in the Thanawiyah.
  • British Schools: 5 passes at C or above in IGCSE and 2 passes at C or above in AS.
  • American Schools: Minimum cumulative 2.3 High School GPA.
  • International Baccalaureate – IB: Complete International Baccalaureate with a minimum of 26 points, including 3 subjects at 4,3,3 at HL.
  • Diplomas and International transfer: There will be advance standing opportunities for suitably qualified applicants. We would expect such applicants to have successfully completed either a minimum of two years of an equivalent degree, or hold a relevant diploma from international institutions and in Qatar.

English Language Requirements

If the most recent academic qualification not taught in English, we may also ask applicants to supply us with evidence of English proficiency by providing a minimum overall IELTS Academic score of 5.5 with a minimum of 5.0 in each section Or equivalent.

Documents Required

  • High School Certificate
  • High School Transcript
  • Attestation letter from the Equivalency Department at the Ministry of Education and Higher Education – Qatar
  • NOC from Military Service (Male Qataris only)
  • Diploma certificate (Transfer applicants only)
  • Diploma transcript (Transfer applicants only)
  • CV (Transfer applicants only)
  • Copy of QID

Fees

  • The tuition fee for entry in September is 89,000 QR per year.
  • Tuition fees are fixed at the point of entry so there is no annual increase for returning students.
  • Flexible payment methods are available.