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Graduate courses

Departments' graduate courses for PhD-students.

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Syllabus for

Academic year
ACE220 - Real estate finance
Fastighetsekonomi
 
Syllabus adopted 2020-05-12 by Head of Programme (or corresponding)
Owner: FRIST
7,5 Credits
Grading: TH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail
Education cycle: Second-cycle
Major subject: Civil and Environmental Engineering
Department: 20 - ARCHITECTURE AND CIVIL ENGINEERING


Teaching language: English
Application code: 99241
Open for exchange students: No
Minimum participants: 40
Maximum participants: 60

Module   Credit distribution   Examination dates
Sp1 Sp2 Sp3 Sp4 Summer course No Sp
0119 Written and oral assignments 3,5c Grading: TH   3,5c    
0219 Written and oral assignments 4,0c Grading: TH   4,0c    

Examiner:

Christian Koch

  Go to Course Homepage


Eligibility

General entry requirements for master's level (second cycle or graduate)

Specific entry requirements

English language proficiency

Aim

The aim of the course is to facilitate participants understanding and knowledge about basic concepts and tools with real estate economics and management and to place this in a design and construction management context in an interdisciplinary manner.

Learning outcomes (after completion of the course the student should be able to)

The general aim of the course is to provide a fundamental understanding of real estate finance and economics and management.

After completion of the course, the participant shall be able to;

Knowledge and understanding
A. Understand basic mechanisms in the real estate market
B. Understanding of managerial perspectives in real estate markets
C. Understanding the opportunities of digitalization of real estate
D. Use basic concepts of real estate economics and financing of real estate
E. Use a range of tools and theoretical, conceptual approaches to real estate economics and management

Competence and Skills
F. Apply tools for calculation of valuation and profitability of real estate investments

Judgement and approach
G. Evaluate and critically reflect upon academic literature within the field of profitability of real estate investments

Content

The course is rooted in theories and practices developed within the realm of real estate economics and investments as well as real estate management. Within this perspective, the course will present and discuss different perspectives on real estate economy. Cornerstones in the course will be;
  • Decision-making by different stake-holder perspectives like architecture, planning, economy and investments and management.
  • Theories, tools and methods in real estate management and market
  • Process related issues in decision-making and management when to develop real estate property
  • Digitalisation opportunities, adopt and use of digital twin, concepts of digital efficiency

These above, many times inter-disciplinary, parts of the course represent different approaches to understand development and management of real estate.

The course deepens the participants knowledge of real estate markets in general. It further emphasizes the methods as means to research within this theoretical field. This knowledge is useful for different real estate problems. It also gives the participant an insight into his or her decision-making behavior.

Organisation

The course includes lectures, seminars, exercises, and group assignments. Guest lecturers provide insights in theoretical concepts, case-based project work include interviews or visits to real estate companies.

Literature

Material distributed during the course will include book chapters, scientific articles and practitioners material. A list of relevant articles will be presented prior to course start.

Examination including compulsory elements

The course is examined through the following forms of examination:

Group assignments and seminar attendance is evaluated in two blocks:

Block 1, 3,5 ECTS
*Hand-in: written assignments
Learning outcomes: A - F
Grading scale: U-3-4-5

Block 2, 4 ECTS
*Active participation in seminars
Experiment-related groupwise examination (written report + presentations)
*Hand-in: written report
*Presentations: Cases
Learning outcome: E - F
Grading scale: U-3-4-5
The group assignments shall be written collectively with clear indication of each group members individual contribution.

Absence from one or several of the compulsory seminars or presentation sessions can be substituted with alternative assignments. The decision to approve that such compensatory procedure may be used is made by the responsible teacher on an individual basis. Some course content will only be given at the time presented in the schedule.

Examining assignments (written reports/assignments) that has received grade U (Fail) can be supplemented within 3 weeks from the day of grade announcement. If no such satisfactory supplement is handed in, the student will receive the grade U on the assignment.

The examination form focuses on the participants overall performance in the course. The examination will include approved exercises, evaluation of project reports and presentations, active presence. This comprehensive examination is graded with Chalmers scale up to 5.


Page manager Published: Thu 04 Feb 2021.