MSc in Real Estate

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.

Certified by the Royal Institution of Chartered Surveyors (RICS)

Certification by the Royal Institution of Chartered Surveyors (RICS).

PROGRAMME INFORMATION

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2 YEARS

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240 ECTS

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ENGLISH & GREEK

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FULL TIME

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AWARDED BY NEAPOLIS UNIVERSITY

OBJECTIVE OF THE 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 programme that has 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 administrative 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.

PROFESSIONAL CERTIFICATION

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 some additional courses from the Neapolis University Master in Real Estate Valuation and Development.

PROGRAMME STRUCTURE

SEMESTER 1

CodeCourse titleCourse typeECTS
REAL500Quantitative Tools for Real Estate AnalysisCompulsory3
REAL520Urban and Regional EconomicsCompulsory3
REAL560Real Estate MarketingCompulsory6

SEMESTER 2

CodeCourse titleCourse typeECTS
REAL530International Real Estate EconomicsCompulsory6
REAL550Theory and Practice of Real Estate Valuation ICompulsory6
REAL555Theory and Practice of Real Estate Valuation IICompulsory6

SEMESTER 3

CodeCourse titleCourse typeECTS
DISS600Dissertation SeminarCompulsory3
REAL539Sustainability and Environmental Issues in Real Estate DevelopmentCompulsory6
REAL540Real Estate LawCompulsory6
REAL545Real Estate ManagementCompulsory6
REAL570Real Estate Investment: International and DomesticCompulsory6

SEMESTER 4

CodeCourse titleCourse typeECTS
MDIS600Principles of MarketingCompulsory21
REAL580Theory and Practice of Real Estate ValuationCompulsory6
REAL590Statistics IICompulsory6
The courses of theoretical and analytical nature include ‘Real Estate Law’, ‘Real Estate Economics’, ‘Urban and Regional Economics’, ‘Quantitative Tools for Real Estate’, ‘Global Capital Markets for Real Estate’, ’International Property Investment’ and ‘Real Estate Development’. The courses of more practical nature include ‘Theory and Practice of Property Valuation’, ‘Real Estate Workshop’, ‘Real Estate Development Workshop’ and ‘Property Management’. The MSc in Real Estate concludes with the ‘Research Seminar’ and the Dissertation, which gives students the opportunity to delve into a subject of their own choice and develop their research skills. The total number of credits required for the successful completion of the programme is 90 ECTS.

DISCLAIMER

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

APPLY FOR THIS PROGRAMME

Complete this form here or register your interest and one of our admissions consultants will contact you with guidance and additional information.

OUR FACULTY & STAFF

Petros Sivitanides

Associate Professor in Real Estate

Head of the Department of Real Estate

Coordinator of the Master in Real Estates

Petros Sivitanides holds a Ph.D. from Massachusetts Institute of Technology in Real Estate Economics and a Master in City Planning from Georgia Institute of Technology in the United States.

Thomas Dimopoulos

Lecturer in Real Estate

Coordinator of the BSc in Real Estate Valuation and Development

Thomas Dimopoulos is PhD candidate at Cyprus University of Technology at the Department of Civil Enginering & Geomatics. He holds an M.Eng. in Rural and Surveying Engineering from Aristotle University of Thessalonica...
Graduates of the programme will have a competitive advantage in pursuing higher positions in any company or organization that is active in the real estate sector in Cyprus or abroad.

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