MSc in Real Estate

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

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.

The necessary supporting documents to be submitted with the application include:

• Officially authenticated certificates of academic qualifications of university level (degree etc.).
• The satisfactory knowledge of the English language is essential. The minimum requirement is the possession of a B1 level English language certificate of the Common European Framework of Reference for Languages ​​or a degree of a corresponding level.
  • By decision of the Director of the Postgraduate Studies of the Department, special exams or any other test may take place for those candidates who do not have a degree of the abovementioned level so that their ability to meet the standards of the Postgraduate Program is verified.
• Certificates of English Language and the minimum required grade
• After admission, by the decision of the Director of the Postgraduate Studies of the Department, students are likely to participate in additional English language courses in order to improve their ability to write their course work, written assignments and the dissertation.
• A statement of personal interest.
• Two reference letters, at least one of which should be of academic character.

The University reserves its right to define the electives offered on an academic year basis.

The programme structure may change without prior notice, as a result of quality assurance procedures or/and programme recertification.