MSc Real Estate Investment

at Bayes Business School

Overall the MSc Real Estate Investment could be labelled as a degree in finance which is focussed on real estate. Since the topics and methods you study are of interest to all real estate businesses, including the mainstream employers like chartered surveyors, the MSc Real Estate Investment may give you a wider choice of the role you play but it does not pre-determine what sort of firm you work for.

Term 1 gives you a grounding in the core skills of the real estate professional. You cover basic appraisal methods applied to valuation, development and financing of investments, financial modelling plus an applied statistics module that incorporates econometric modelling with real estate data. Those techniques are put in a wider context through a module on economics and market analysis and an investment markets module which ranges across all asset classes and financial instruments.

Term 2 is more about applications of those core skills and principles. You look in more detail at the financial instruments and techniques to analyse the securitised equity and debt investment markets, private debt market, portfolio risk and property futures.  In Investment Vehicles you cover the different forms of indirect real estate – REITs and property funds: core, opportunistic, value add. In Debt Finance and Investment you take in mortgage lending, mezzanine finance, mortgage-backed securities.

Portfolio and Asset Allocation deals with the role of real estate in investment portfolios and the mix of assets within real estate portfolios. Applied Financial Analysis furthers your analytical skills and equips you with more tools to address real world and topical issues in the investment segments of the market.

• A UK upper second class degree or above, or the equivalent from an overseas institution.
• Applicants for MSc Real Estate Investment will be required to have a broader background in quantitative techniques and finance
• Work experience is not a requirement for this course

GMAT

• Highly recommended, especially for students without a quantitative background
• A well-balanced score in the range of 600-800 will significantly strengthen your application”

English Language Requirements

• A UK upper second class degree or above, or the equivalent from an overseas institution, in a highly quantitative programme such as mathematics or statistics is required to enter this course
• Work experience is not a requirement of this course.
• If you have been studying in the UK for the last three years it is unlikely that you will have to take the IELTS test
• If you have studied a 2+2 degree with just two years in the UK you will be required to provide IELTS results and possibly to resit the tests to meet our requirements.

IELTS

The required IELTS level is an average of 7.0 with a minimum of 6.5 in the writing section and no less than 6.0 in any other section.

UK/EU/International
£25,000
Tuition fees are subject to annual change

Fees in each subsequent year of study (where applicable) will be subject to an annual increase of 2%. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study (where applicable).

Deposit: £2,000 (usually paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met)

Graduates from the MSc Real Estate Investment go into a wide spread of firms and roles – some into the graduate entry schemes of the chartered surveyors in the UK or abroad. Most are best suited to analyst, strategy or research positions major fund management houses and investment banks, or smaller private-equity type real estate funds, rating agencies and specialist research firms. Many will go on to professional qualifications outside real estate, such as Chartered Financial Analyst Institute.