Property, Testamur Major (T047)

This is an archived copy of the 2022-2023 catalog. To access the most recent version of the catalog, please visit https://hbook.westernsydney.edu.au.

  • Western Sydney University Major Code: T047

Previous Code: MT2034.1

Available to students in other Western Sydney University programs?  No

The Property major equips you with the expert skills to create a career as a property specialist. You will be prepared to succeed in a range of roles in the property industry, including careers in valuation, property investment, property funds management, property development and commercial property management. The practical Property major subjects focus on property investment, valuation, property development and property management, with opportunities for engagement with industry, dependent on availability. If you are seeking professional accreditation, you will also undertake specialised professional subjects. The core subjects in the Bachelor of Business will provide you with a foundation of business knowledge and develop your skills in innovation, career planning, and numeracy. The Property major builds on this knowledge and skills in an applied discipline based context. Property specialists work for institutional investors with multi-billion dollar commercial property portfolios, major property companies, valuation firms and leading property advisory companies, both in Australia and overseas.

The Bachelor of Business (Property) is accredited by the Australian Property Institute (API) and depending on electives chosen, students may be eligible for API Certified Practising Valuer (CPV) certification. Students, depending on chosen electives, are also eligible for API certifications of Certified Property Practitioner, Certified Property Manager, Certified Funds Manager, Certified Asset Manager, Certified Development Practitioner and Residential Property Valuer. Details of which subjects must be completed to meet these requirements can be found via the link located on the Bachelor of Business page.

This major is available on-campus in full time and part time modes or by distance. Please contact the Property major Academic Program Advisor for information on the distance mode offering. Please note that the Parramatta External Campus offering is not available for students in program Bachelor of Business (Advanced Business Leadership).

Location

Campus Mode Advice
Parramatta City Campus-Macquarie Street Internal Program Advice
Parramatta External Campus External Program Advice

Major Structure

Qualification for this major requires the successful completion of 80 credit points including all of the core subjects listed below.

Core Subjects for this Major

Subject Title Credit Points
MKTG 3003Commercial Property Management10
MGMT 2001Commercial Valuation10
MGMT 1001Introduction to Property10
MGMT 1002Principles of Valuation10
MKTG 3014Property Development Process10
FINC 3009Property Finance10
FINC 3011Property Investment10
FINC 3013Property Portfolio Management10
Total Credit Points80

Accreditation Subjects

Students seeking accreditation with the Australian Property Institute (API) must complete the following three subjects as part of their elective pool:

Subject Title Credit Points
BLDG 1011Property Building10
MGMT 3003Specialised Valuation10
MGMT 3004Statutory Valuation10

Note: Students must also complete the Bachelor of Business core subjects, the Property Major as well as a numeracy subject (either MATH 1030 Statistics for Business or ECON 1006 Introduction to Economic Methods) and the Enterprise Engaged subject MGMT 3001 Property Project to be eligible to apply for professional recognition.

Alignment with API Certification Requirements

Professional Subjects for Careers in Money

Students planning to progress to the major in Property are advised to take the following subjects to satisfy the requirements for their professional core:

Subject Title Credit Points
BUSM 3028Innovation, Enterprise and Society10
MGMT 3001Property Project10
BUSM 2041Working in Professions10
Select one of the following:10
Introduction to Economic Methods
Statistics for Business
Total Credit Points40

Recommended Sequence

Qualification for the award of Bachelor of Business with a major in Property requires the successful completion of 240 credit points as per the recommended sequence below.

Full-time start-year intake

Plan of Study Grid
Year 1
Autumn sessionCredit Points
LAWS 1001 Enterprise Law 10
BUSM 1010 Financing Enterprises 10
MGMT 1001 Introduction to Property 10
Select one of the following: 10
Introduction to Economic Methods  
Statistics for Business  
 Credit Points40
Spring session
BUSM 1006 Enterprise Innovation and Markets 10
MGMT 1002 Principles of Valuation 10
BUSM 1008 Enterprise Leadership 10
Select one elective 10
 Credit Points40
Year 2
Autumn session
MGMT 2001 Commercial Valuation 10
BUSM 2041 Working in Professions 10
Select one elective 10
Select one of the following: 10
One elective
 
Property Building  
 Credit Points40
Spring session
FINC 3011 Property Investment 10
FINC 3013 Property Portfolio Management 10
Select two electives 20
 Credit Points40
Year 3
Autumn session
MKTG 3003 Commercial Property Management 10
BUSM 3028 Innovation, Enterprise and Society 10
MKTG 3014 Property Development Process 10
Select one of the following: 10
One elective
 
Statutory Valuation  
 Credit Points40
Spring session
FINC 3009 Property Finance 10
MGMT 3001 Property Project 10
Select one of the following: 20
Two electives
 
Specialised Valuation (and one elective)  
 Credit Points40
 Total Credit Points240

Part-time start-year intake

Plan of Study Grid
Year 1
Autumn sessionCredit Points
LAWS 1001 Enterprise Law 10
BUSM 1010 Financing Enterprises 10
MGMT 1001 Introduction to Property 10
 Credit Points30
Spring session
BUSM 1006 Enterprise Innovation and Markets 10
MGMT 1002 Principles of Valuation 10
Select one of the following: 10
Introduction to Economic Methods  
Statistics for Business  
 Credit Points30
Year 2
Autumn session
BUSM 1008 Enterprise Leadership 10
BUSM 2041 Working in Professions 10
Select one of the following: 10
One elective
 
Property Building  
 Credit Points30
Spring session
FINC 3011 Property Investment 10
FINC 3013 Property Portfolio Management 10
Select one elective 10
 Credit Points30
Year 3
Autumn session
MKTG 3003 Commercial Property Management 10
BUSM 3028 Innovation, Enterprise and Society 10
MGMT 2001 Commercial Valuation 10
 Credit Points30
Spring session
FINC 3009 Property Finance 10
Select one of the following: 20
Two electives
 
Specialised Valuation (and one elective)  
 Credit Points30
Year 4
Autumn session
MKTG 3014 Property Development Process 10
Select one of the following: 20
Two electives
 
Statutory Valuation (and one elective)  
 Credit Points30
Spring session
MGMT 3001 Property Project 10
Select two electives 20
 Credit Points30
 Total Credit Points240

Full-time mid-year intake

Plan of Study Grid
Year 1
Spring sessionCredit Points
BUSM 1006 Enterprise Innovation and Markets 10
MGMT 1002 Principles of Valuation 10
Select one elective 10
Select one of the following: 10
Introduction to Economic Methods  
Statistics for Business  
 Credit Points40
Autumn session
LAWS 1001 Enterprise Law 10
BUSM 1010 Financing Enterprises 10
BUSM 1008 Enterprise Leadership 10
MGMT 1001 Introduction to Property 10
 Credit Points40
Year 2
Spring session
FINC 3011 Property Investment 10
FINC 3013 Property Portfolio Management 10
Select two electives 20
 Credit Points40
Autumn session
MGMT 2001 Commercial Valuation 10
BUSM 2041 Working in Professions 10
Select one of the following: 20
Two electives
 
Property Building (and one elective)  
 Credit Points40
Year 3
Spring session
FINC 3009 Property Finance 10
MGMT 3001 Property Project 10
Select one of the following: 20
Two electives
 
Specialised Valuation (and one elective)  
 Credit Points40
Autumn session
MKTG 3003 Commercial Property Management 10
BUSM 3028 Innovation, Enterprise and Society 10
MKTG 3014 Property Development Process 10
Select one of the following: 10
One elective
 
Statutory Valuation (and one elective)  
 Credit Points40
 Total Credit Points240

Four Year External Program

Plan of Study Grid
Year 1
Autumn sessionCredit Points
LAWS 1001 Enterprise Law 10
BUSM 1010 Financing Enterprises 10
MGMT 1001 Introduction to Property 10
 Credit Points30
Spring session
BUSM 1006 Enterprise Innovation and Markets 10
MGMT 1002 Principles of Valuation 10
Select one of the following: 10
Introduction to Economic Methods  
Statistics for Business  
 Credit Points30
Year 2
Autumn session
BUSM 1008 Enterprise Leadership 10
BUSM 2041 Working in Professions 10
Select one of the following: 10
One elective
 
Property Building  
 Credit Points30
Spring session
FINC 3011 Property Investment 10
FINC 3013 Property Portfolio Management 10
Select one elective 10
 Credit Points30
Year 3
Autumn session
MKTG 3003 Commercial Property Management 10
BUSM 3028 Innovation, Enterprise and Society 10
MGMT 2001 Commercial Valuation 10
 Credit Points30
Spring session
FINC 3009 Property Finance 10
Select one of the following: 20
Two electives
 
Specialised Valuation (and one elective)  
 Credit Points30
Year 4
Autumn session
MKTG 3014 Property Development Process 10
Select one of the following: 20
Two electives
 
Statutory Valuation (and one elective)  
 Credit Points30
Spring session
MGMT 3001 Property Project 10
Select two electives 20
 Credit Points30
 Total Credit Points240

Six Year External Program

Plan of Study Grid
Year 1
Autumn sessionCredit Points
LAWS 1001 Enterprise Law 10
BUSM 1010 Financing Enterprises 10
 Credit Points20
Spring session
BUSM 1006 Enterprise Innovation and Markets 10
MGMT 1002 Principles of Valuation 10
 Credit Points20
Year 2
Autumn session
BUSM 1008 Enterprise Leadership 10
MGMT 1001 Introduction to Property 10
 Credit Points20
Spring session
FINC 3011 Property Investment 10
Select one of the following: 10
Introduction to Economic Methods  
Statistics for Business  
 Credit Points20
Year 3
Autumn session
BUSM 2041 Working in Professions 10
Select one of the following: 10
One Elective
 
Property Building  
 Credit Points20
Spring session
FINC 3013 Property Portfolio Management 10
Select one elective 10
 Credit Points20
Year 4
Autumn session
MKTG 3003 Commercial Property Management 10
BUSM 3028 Innovation, Enterprise and Society 10
 Credit Points20
Spring session
FINC 3009 Property Finance 10
Select one of the following: 10
One elective
 
Specialised Valuation  
 Credit Points20
Year 5
Autumn session
MGMT 2001 Commercial Valuation 10
MKTG 3014 Property Development Process 10
 Credit Points20
Spring session
Select two electives 20
 Credit Points20
Year 6
Autumn session
Select one of the following: 20
Two electives
 
Statutory Valuation (and one elective)  
 Credit Points20
Spring session
MGMT 3001 Property Project 10
Select one elective 10
 Credit Points20
 Total Credit Points240