Bachelor of Property and Real Estate/Bachelor of Commerce

2021 Deakin University Handbook

Note: You are seeing the 2021 view of this course information. These details may no longer be current. [Go to the current version]

Year	2021 course information
Award granted	Bachelor of Property and Real Estate/ Bachelor of Commerce
Course Map	This course map is for new students commencing from Trimester 1 2021. This course map is for new students commencing from Trimester 2 2021. This course map is for new students commencing from Trimester 3 2021. Course maps for commencement in previous years are available on the Course Maps webpage or please contact a Student Adviser in Student Central.
Campus	Offered at Burwood (Melbourne)
Cloud Campus	Yes
Duration	4 years full-time or part-time equivalent
CRICOS course code	072834F Burwood (Melbourne)
Deakin course code	D325
Approval status	This course is approved by the University under the Higher Education Standards Framework.
Australian Qualifications Framework (AQF) recognition	The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 7.
This course structure applies to students who commenced in 2016. Students who commenced prior to 2016 should refer to the Handbook Archive for their course structure and consult with their enrolment officer.

Course sub-headings

Course overview

Combine the practicalities of real estate with the commercial knowledge you need to succeed through the Bachelor of Property and Real Estate/Bachelor of Commerce. You'll gain a business foundation that includes economics, accounting, marketing and management, while studying units in various aspects of real estate such as development, management and valuation.

Enter the workforce with two complementary sets of skills, so you can make a strong impact from day one. For instance, expertise in finance and economics will be incredibly beneficial when making a choice between two investment properties. To ensure your skills are at their sharpest, be exposed to practical learning opportunities that prepare you for work in the industry. Work alongside established professionals on placement, leverage our connections to secure sought-after internships and learn from global leaders in property and commerce through overseas study experiences.

Want to be a property expert with world-class business skills?

You'll graduate with professionally recognised qualifications in both real estate and commerce a combination in demand by employers. Plus, our course is one of the most highly regarded programs in the industry, so you'll graduate one step ahead.

Through hands-on and theoretical learning, you’ll tackle the following areas:

property economics
property investment
property law and practice
sustainable construction
statutory valuation.

You’ll also gain a specialised education in one of our commerce majors, so you can apply your real estate knowledge to a commercial environment. Choose from:

accounting
economics
finance
financial planning
food and agribusiness
human resource management
management
management information systems
marketing.

We take a practical approach to property and real estate, so you will graduate with work-ready skills. You’ll learn from teachers who are active in the industry and benefit from their existing professional networks.

You’ll also have opportunities to participate in industry-based education, so you can see your new career in action. Our work-integrated learning programs, international and domestic internships and volunteer experiences are a great way to gain new skills and explore the world.

Indicative student workload

As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

Professional recognition

Deakin Business School is in the top 1% of business schools globally by holding both AACSB and EQUIS accreditations. These prestigious accreditations are awarded to business schools that meet strict standards of quality, academic and professional excellence, and demonstrate a commitment to ongoing improvement and innovation in their courses, ensuring our graduates are employable worldwide.

The Bachelor of Property and Real Estate has professional accreditation by the Australian Property Institute (API) and the Royal Institution of Chartered Surveyors (RICS). Graduates will meet the academic requirement to be eligible for registration as a Certified Practising Valuer (CPV).

Students who complete the accounting major sequence are eligible to apply for admission to the:

CA Program of the Chartered Accountants Australia and New Zealand (CAANZ)
Associate membership for the CPA Program, CPA Australia
IPA Program of the Institute of Public Accountants (IPA) and
Association of Chartered Certified Accountants (ACCA) - A limited number of exemptions may apply. Please refer to the Association of Chartered Certified Accountants (ACCA) for further information.

The Bachelor of Commerce (with a major in Financial Planning) is a course approved by the new financial planning standards body - the Financial Adviser Standards and Ethics Authority (FASEA). Graduates who complete the Financial Planning major sequence in the Bachelor of Commerce will satisfy the education standards prescribed by FASEA to be able to provide financial advice in Australia and be eligible for entry into the certification programs of the professional financial planning associations - the CERTIFIED FINANCIAL PLANNER® Certification Program offered by the Financial Planning Association of Australia (FPA) and the Fellow Chartered Financial Practitioner designation offered by the Association of Financial Advisers (AFA).

Students who complete the marketing major are eligible for a one year credit reduction, off the five years, needed to become a Certified Practicing Marketer by the Australian Marketing Institute (AMI).

Students who complete the marketing major are eligible for a one-year credit reduction off the five years needed to become a Certified Practicing Marketer by the Australian Marketing Institute (AMI).

Commerce graduates may also be eligible to apply for membership to these key professional bodies (depending on units taken):
* Australian Human Resources Institute (AHRI)
* Institute of Managers and Leaders (IML)
* Institute of Public Accountants (IPA)

Students should consult with a course adviser to identify any additional requirements for membership for each professional body, and also consult with the professional body.

Career opportunities

This combined degree prepares you for a career in the business world and in the global property and real estate industries. Career opportunities include:

Property Valuer
Property Developer
Asset Manager
Owners Corporation Manager
Portfolio Manager
Property Manager
Property Advisor
Accountant
Business Analyst
Economist
Financial Planner
Human Resource Manager
International Trade Officer
Marketing Manager
Social and Economic Policy Developer.

Participation requirements

Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

Placement can occur at any time, including during the standard holiday breaks listed here: https://www.deakin.edu.au/courses/key-dates.

Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.

Mandatory student checks

Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

Alternate exits

Bachelor of Commerce (M300)
Bachelor of Property and Real Estate (M348)

Fees and charges

Fees and charges vary depending on your course, the type of fee place you hold, your commencement year and your study load. To find out about the fees and charges that apply to you, visit the Current students fees website or our handy Fee estimator to help estimate your tuition fees.

Course Learning Outcomes

Please refer to the Course Learning Outcomes (CLOs) of each of the single degrees.

Course rules

To complete the Bachelor of Property and Real Estate/Bachelor of Commerce students must attain a total of 32 credit points consisting of 16 credit points from the Bachelor of Property and Real Estate and 16 credit points from the Bachelor of Commerce plus completion of the compulsory 0-credit point module, MAI010 Academic Integrity Module. Most units (think of units as 'subjects') are equal to 1 credit point. Most students choose to study 4 units per trimester, and usually undertake 2 trimesters each year.

To complete the course you must include:

MAI010 Academic Integrity Module (0-credit-point compulsory unit to be completed in the first trimester of study)
12 credit points of Property and Real Estate core units
4 credit points of Commerce core units
4 credit points of core units common to both the Bachelor of Property and Real Estate and the Bachelor of Commerce
an 8 credit point major from the Bachelor of Commerce
4 credit points of elective units (which may include a minor sequence from the Bachelor of Property and Real Estate)
Level 3 - at least 6 credit points (of which a minimum of 4 credit points must be course grouped to a Faculty of Business and Law undergraduate degree)

Units

Compulsory 0-credit point module

MAI010 Academic Integrity Module (to be completed in first trimester of study)

Bachelor of Commerce core units

MIS171

Business Analytics

MMK101

Marketing Fundamentals

MMM132

Management

MWL101

Professional Insight

Bachelor of Property and Real Estate core units

MMP111

Introduction to Property

MMP122

Introduction to Property Development

MMP223

Property Law and Practice ^#

SRT112

Sustainable Construction ^*

Statutory Valuation

Property Investment

Property Economics

Commercial Property Construction Studies ^{^}

MMP221

Property Management

MMP322

Advanced Property Development ^~

MMP311

Advanced Property Valuation

MMP321

Advanced Property Analysis

*previously coded MMP112

^previously coded MMP214

# This unit was previously coded MMP121

~ This unit was previously coded MMP222

Common core units

MAA103

Accounting for Decision Making

MAE101

Economic Principles

MLC101

Law for Commerce

MAF101

Fundamentals of Finance

Plus an 8 credit point Bachelor of Commerce major sequence

Plus completion of 4 credit points of elective units

Work experience

Elective units may provide the opportunity for Work Integrated Learning experiences.

Other course information

Course duration - additional information
Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

Further information

Student Central can help you with course planning, choosing the right units and explaining course rules and requirements.

Contact Student Central

Other learning experiences

This course includes the option of other learning experiences (ie an approved international learning experience)