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Last modified: 31 May 2022 13:05

Course Overview

The course introduces the mathematics of valuation and investment and considers the principles underlying basic valuation and investment formulae. The distinguishing characteristics of the bond, equity and property market are critiqued. 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 an emphasis on the investment method of valuation. While the focus is on real estate, the course seeks to raise awareness of the range of investment opportunities. The course seeks to develop good numeracy and analytical skills.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
  • Professor Norman E. Hutchison

What courses & programmes must have been taken before this course?

  • One of MSc in Real Estate (Commercial Option) (Studied) or MSc in Real Estate (International Option) (Studied) or MSc Finance and Real Estate (Includes Cfa Exam) (Studied) or MSc Finance and Real Estate (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

Mathematics of valuation and investment; principles underlying basic valuation and investment formulae; bonds, equities, property and cash; principal methods of prpoerty valuation; critical examination of alternatives to conventional approaches to valuation; use of the financial calculator in valuation.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 1 Lecture during University weeks 9 - 18
  • 1 Tutorial during University weeks 9 - 18

More Information about Week Numbers

Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

Alternative Assessment

1x 1500-word financial maths individual assignment (30%)

1x 2000-word application of financial maths individual assignment (70%)

Alternative Resit Assessment

Resit: 1x 2,000 word individual assignment covering application of financial maths to investment property valuations (100%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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