School: School of Business and Law

Real Estate

Academic year

2022-2023
Taught Language: Greek/English

Course Summary

The MSc in Real Estate is among the few Real Estate Master programmes that have been accredited by RICS in the Eastern Mediterranean region. The programme is tailored to the individual needs of working professionals and provides a flexible route to an advanced degree in Real Estate. It adopts a multidisciplinary approach that covers comprehensively all the important dimensions of real estate from a theoretical, analytical and practical perspective.

The Master of Science in Real Estate is the first dedicated postgraduate programme in real estate in Cyprus and Greece. Furthermore, it is among the few Real Estate Master programmes that have been accredited by the Royal Institute of Chartered Surveyors (RICS) in the Eastern Mediterranean region. The MSc in Real Estate is tailored to the individual needs of working professionals and provides a flexible route to an advanced degree in Real Estate. It adopts a multidisciplinary approach that covers quite comprehensively all the important dimensions of real estate from a theoretical, analytical and practical perspective. After completing the program, graduates will have acquired:

  • In-depth and comprehensive understanding of all aspects of this field and the background necessary to professionally and scientifically approach real estate from the perspective of a valuer, a real estate consultant, a developer and a property investor
  • All the theoretical and practical knowledge, as well as the critical thinking, that are required in order to successfully pursue management positions in private firms and public agencies that are active in the field of Real Estate
  • The required knowledge and sensitivity to understand the importance of sustainability and the broader environment in real estate development
  • A comprehensive understanding of the international dimensions of the real estate market, the economic cycles and their effects on the functioning of local real estate markets

Career Prospects

The field of Real Estate offers attractive employment opportunities for candidates with specialised education and offers good working conditions, but it is highly competitive and demanding. The Master in Real Estate is an essential qualification for those who want to acquire specialised knowledge in Property and are already working or wishing to work in the near future in the real estate industry. Graduates of the MSc in Real Estate have a competitive advantage in pursuing administrative positions in a wide range of companies that are active in the field of Real Estate, such as land development companies, property investment companies, property management companies, real estate agencies and companies providing advisory real estate services, property valuation companies, real estate financing organisations, relevant bank departments, etc. They can also pursue senior positions in relevant government organisations, such as the Department of Lands and Surveys and the Planning Department.

The Master in Real Estate is among the elite real estate Masters of Science worldwide that have secured certification from the Royal Institute of Chartered Surveyors (RICS), which operates in 150 countries and is considered internationally one of the most trusted associations of property professionals. As a result of this accreditation, students of the MSc in Real Estate will be able to follow the APC route for registering as RICS members with in 6 – 24 months after graduation. Graduates will also qualify for becoming licenced real estate agents, once they have acquired the necessary practical experience and pass the relevant exam. They will also be able to apply to the Technical Chamber of Cyprus (ETEK) to register as property valuers. Depending on the first degree of each graduate, and after examination of the application by the relevant committee, the graduate may secure professional certification by ETEK in the field of Land Valuation, after attending additional courses from the Neapolis University Master in Real Estate Valuation and Development.

Modules

SEMESTER 1

Code Course title Course type ECTS
REAL500 Quantitative Tools for Real Estate Analysis Compulsory 3
REAL520 Urban and Regional Economics Compulsory 3
REAL560 Real Estate Marketing Compulsory 6
REAL540 Real Estate Law Compulsory 6
REAL539 Sustainability & Environmental Issues in Real Estate Development Compulsory 6
REAL545 Real Estate Management Compulsory 6

SEMESTER 2

Code Course title Course type ECTS
REAL550 Theory & Practice of Real Estate Valuation I Compulsory 6
REAL530 International Real Estate Economics Compulsory 6
REAL555 Theory and Practice of Real Estate Valuation II Compulsory 6
REAL580 Real Estate Development Compulsory 6
REAL590 Real Estate Development Practice Compulsory 6

SEMESTER 3

Code Course title Course type ECTS
REAL570 Real Estate Investment: International and Domestic Compulsory 6
DISS600 Dissertation Seminar Compulsory 3
MDIS600 Dissertation Compulsory 21

Assessment Method

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How to apply

General admission criteria

The Master in Business Administration (MBA) is aimed primarily at graduates of Law, Economics and Polytechnic Schools, as well as graduates of all general and special departments of Business Administration. The general admission criteria are based on the type and quality of previous studies, the grade obtained in previous studies and the suitability of the candidate for the Master in Business Administration (MBA) of study that has been applied for. The University’s admission policy is to make admission offers to applicants who are judged to have the background and abilities to have a reasonable expectation of success in the MBA program to which they are made an offer and who are likely to benefit from university study. The Master in Business Administration (MBA) Coordinator will be actively involved in the review of applications and his approval will be required before admitting any student to the MBA program. 

 

Admission of students with special needs

The University offers equal opportunities to all students regardless of their physical abilities. Candidates who have some form of disability, which is mentioned in their application, will be examined on equal terms as all other candidates. The candidates should explain in their application form the nature of their disability and inform the admissions office concerning the special needs they will require during their studies.

Application forms

For a candidate to be considered for admission to the Master in Business Administration (MBA) he/she needs to complete an Application Form, obtainable from the Admissions Office. Once completed the application form should be returned directly to that Admissions Office together with the additional documentation required. An electronic version of the Application Form can be downloaded from the Admissions Office home page or submitted on-line. 

Application deadline

Application deadline

Candidates may apply at any time during the year, though admissions will be in September and February.

Entry requirements

Qualification requirements

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Additional entry requirements

English language requirements

Satisfactory knowledge of English is essential. The minimum language requirement is a B2 certificate in the Common European Framework of Reference for Languages scale. In the absence of such a certificate/degree, candidates will be asked to sit English language exams in order to prove their satisfactory knowledge. After admission, candidates may be required to take additional instruction in English language. 

Fees and funding

Application Fees

Tuition Fees
(Full Programme): €13,250

Additional Fee information

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Provider information

Main Contact

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Contact Person: Neapolis University Paphos

Phone: +35726257500