Real Estate qualifications

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Real Estate qualiﬁcations

PROGRAMME

LEVEL

CURRICULUM

National Certiﬁcate First year Property Valuation I Property Marketing I Property Practice I

Property Economics and Finance I

and

Practical Valuation (experiential training) – only for learners who want to specialise in property valuation

National Higher

Diploma Second year Property Economics and Finance IIPrinciples of Property Law

Any one of the following combinations:

Property Valuation II & Law on Property Valuation

Property Marketing II & Law on Property Marketing

Property Practice II & Law on Property Practice

National Diploma Third year Property Economics and Finance III

Any one of the following:

Property Valuation III Property Marketing III Property Practice III

plus any two of the following:

Property Valuation II Property Marketing II Property Practice II

Principles of Information Systems Financial Accounting I

Btech Fourth year Property Economics and Finance IV Research Methodology

Advanced Strategic Management IV

and any one of the following:

Property Valuation IV Property Marketing IV Property Practice IV Mtech Fi�h year Research Project and Thesis

National Diploma: Real Estate

(Property Marketing/Property

Practice/Property Valuation)

(Code: NDREE)

1 Admission requirements

National Senior Certiﬁcate or equivalent qualiﬁcation. Please refer to the General Rules and Information, Part 1, for more information on admission, registration and examination requirements.

2 Notes

 Mathematics, Accountancy and Economics at matriculation level are recommended.

 We recommend that students enrol for QMG101P. Students need only Standard 7/Grade 9 Mathematics to enrol for this course.

 In terms of the South African Council for the Property Valuers Profession Act 47 of 2000, a person who wishes to qualify for registration as either a professional associate valuer or professional valuer must:

 pass the examinations as prescribed or recognised by the SA Council for the Property Valuers Profession

 in the case of the valuer, have practical experience of work done in property valuation - that is, in the opinion of the Council, experience of adequate variety and of a satisfactory nature and standard and, in the case of an associated valuer, in the opinion of the Council suﬃcient for intended registration.

Contact the SA Council for the Property Valuers Profession for further requirements and information.

 Candidates who enrol for this course for the ﬁrst time and intend to apply to register as a professional associate valuer in future must register simultaneously with the SA Council for the Property Valuers Profession as a candidate valuer. Only valuation experience gained a�er registering with the Council as a candidate valuer will be taken into account by the Council for registration as a professional associate valuer.

The address is: The Registrar

The SA Council for the Property Valuers Profession PO Box 114

MENLYN 0063

Tel.: (012) 348-8643/4/5 Fax: (012) 348-7528

Internet address: h�p://www.sacpvp.org.za

 It is suggested that students register with the SA Institute of Valuers (SAIV) as student members. The particulars of the diﬀerent branches are given below.

The addresses of the branches of the SAIV are as follows:

BRANCH

POSTAL

ADDRESS

TELEPHONE

FAX

SOUTHERN PO Box 18041 WYNBERG 1804 (021) 762-3313 (021) 797-2235 NORTHERN PO Box 14331 HATFIELD 0028 (012) 342-9056/7 (012) 342-7574

KWAZULU-NATAL PO Box 362DURBAN 4000 (031) 309-7431 (031) 309-1298 CENTRAL PO Box 300 BLOEMFONTEIN 9300 (051) 448-9431 (051) 430-8815 EASTERN

CAPE PO Box 5718WALMER 6065

(041) 582-2560 (041) 484-1669

The Internet address is: h�p://www.saiv.org.za

Diﬀerent branches award prizes to student members of the SAIV who achieve the highest marks in Property Valuation I, II and III in the speciﬁc branches.

3 The South African Institute of

Valuers National Bursary Fund

 The student must at least have successfully completed the First year and be entering the Second year or Third year of study.

 The recipient must be studying towards a property valuation qualiﬁcation.

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 The recipient must be registered as a candidate with the SA Council for the Property Valuers Profession.

 The student must be registered with a recognised educational institution.

 The following documents must be a�ached to the application:  Proof of registration with an educational institution  Account for the fees

 Academic progress report/results of the previous year/s  Registration as candidate valuer

 The completed application must be submi�ed to the student’s branch executive for their consideration and recommendation.

 The bursary will be paid directly to the educational institution once awarded for the credit of the student’s account.

4 Employment opportunities in

real estate

 Property valuers in the private sector

 Department of Public Works

 Department of Land Aﬀairs

 Transnet

 The SA Post Oﬃce and Telkom

 Provincial administrations (roads & works)

 Local authorities

 Water and electricity utility institutions

 Mining houses

 Property investment organisations

 Property developers

 Estate agents

 Financial institutions

CURRICULUM

CODE

PREREQUISITE/NOTE

First year

National Certiﬁcate: Real Estate Programme outcomes

The competent learner will be able to apply a practical and theoretical grounding in all the basic aspects of real estate.

1. Property Valuation I (Introduction to Property Valuation) PVA141X 2. Property Marketing I (Introduction to Property Marketing) PMA151W 3. Property Practice I (Building Practice)PPR161S 4. Property Economics and Finance I (Introduction to Time Value of Money)

PEF171Y Recommended prerequisite subject: Mathematics (Grade 12)

5. Practical Valuation (experiential learning)

PVL301P Only learners who want to specialise in property valuation must register for this subject.

CURRICULUM

CODE

PREREQUISITE/NOTE

Second year

National Higher Certiﬁcate: Real Estate Programme outcomes

The competent learner will be multiskilled in real estate, addressing the market-related needs of the real estate industry and specialising in property marketing or property practice or property valuation. The qualiﬁed person would be able to register with the Estate Aﬀairs Board and will be exempted from the Board’s examination.

Property Marketing 6. Property Marketing II (Marketing of Residential Property) PMA291V 7. Principles of

Property Law PPL131U

8. Property Economics and Finance II (Introduction to Property Economics) PEF281Z 9. Law on Property Marketing LPM141P Property Practice 6. Property Practice II (Property Management: Part 1) PPR241X 7. Principles of

8. Property Economics and Finance II (Introduction to Property Economics) PEF281Z 9. Law on Property Practice LPP151T Property Valuation 6. Property Valuation II (Principles of Property Valuation)

PVA201U Prerequisite: Property Economics and Finance I

7. Principles of

8. Property Economics & Finance II (Introduction to Property Economics) PEF281Z 9. Law on Property Valuation LPV161A

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CURRICULUM

CODE

PREREQUISITE/NOTE

Third year

National Diploma: Real Estate (NDREE) Programme outcomes:

The qualifying learner will be multiskilled in real estate and able to provide property marketing or property practice or property valuation services to the community, under supervision of a professional or independently where required, thus contributing to the property marketing or property practice or property valuation needs of both rural and urban societies. The qualiﬁed person would register with the South African Council for the Property Valuers Profession. Property Marketing 10. Property Marketing III (Marketing of Commercial and Industrial Property) PMA381Q 11. Property Economics and Finance III (Property Finance) PEF361V

12. Any TWO of the following:

&

13. Property Valuation II (Principles of Property Valuation)

PVA201U Prerequisite: Property Economics and Finance I Property Practice II (Property Management: Part 1) PPR241X Principles of Information Systems: Module A: Theoretical Module B: Practical BIS111P BISPRAC

 Both modules (theoretical and practical) must be passed before a credit can be obtained for the subject.

 Students who register for this subject must have access to a computer, printer and the necessary hardware and so�ware (± 2 hours per week).

 Learner support centres are available in some regions. Please contact your nearest regional oﬃce to determine if such a centre is available in your region. The course uses Computer Based Training material; access to a Personal Computer is compulsory.

Financial Accounting I: Module 1

Module 2 FAC1M1XFAC1M2X

Both modules must be passed before a credit can be obtained for the subject.

Property Practice 10. Property Practice III

(Property Management: Part 2)

PPR391B

11. Property

Economics and PEF361V

CURRICULUM

CODE

PREREQUISITE/NOTE

&

13. Property Valuation II (Principles of Property Valuation)

PVA201U Prerequisite: Property Economics and Finance I Property Marketing II (Marketing of Residential Property) PMA291V Principles of Information Systems: Module A: Theoretical Module B: Practical BIS111P BISPRAC

 Learner support centres are available in some regions. Please contact your nearest regional oﬃce to determine if such a centre is available in your region.

The course uses Computer Based Training material; access to a Personal Computer is compulsory.

Property Valuation 10. Property Valuation III (Property Valuation for Expropriation and Special purposes) PVA371W 11. Property Economics & Finance III (Property Finance) PEF361V

&

13. Property Practice II(Property Management: Part 1) PPR241X Property Marketing II (Marketing of Residential Property) PMA291V

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Principles of Information Systems: Module A: Theoretical Module B: Practical BIS111P BISPRAC

Baccalaureus Technologiae: Real Estate

(Property Marketing/Property

Practice/Property Valuation)

(Code: BTRLS)

1 Admission requirements

National Diploma: Real Estate (Property Marketing/Property Practice/ Property Valuation) or equivalent applicable qualiﬁcation with Property Economics and Finance II and III.

2 Programme outcomes

The qualifying learner will be able to independently provide and manage specialised property marketing or property practice or property valuation services to the community, thus contributing to the real estate needs of both rural and urban societies.

CURRICULUM

CODE

PREREQUISITE/NOTE

1. Property Economics and Finance IV (Property Investment): Module A: Theory Module B: Research Project PEF4M1Z PEF4M2Z  Prerequisite: Property Economics & Finance III and Research Methodology

 Both modules must be passed before a credit can be obtained for the subject. 2. Advanced Strategic Management IV: Module A: Strategic Management Module B: Management IV: Real Estate AST411A AST451E

Concurrent registration for both modules AST411A and AST451E is essential and both modules must be passed before a credit can be obtained for the subject.

3. Research

Methodology RME101Q

The following subject must be taken for specialisation in Property Marketing/Property Practice/Property Valuation:

4. Any ONE of the following:

Property Marketing IV (Property Marketing Research): Module A: Theory Module B: Research Project PMA4M1Y PMA4M2Y  Prerequisite: Property Marketing III and Research Methodology

 Both modules must be passed before a credit can be obtained for the subject.

Property Practice IV (Property Development)

PPR451H Prerequisite: Property Practice III

Property Valuation IV (Advanced Property Valuation and Development Appraisals): Module A: Theory Module B: Research Project PVA4M1Q PVA4M2Q  Prerequisite: Property Valuation III and Research Methodology

 Both modules must be passed before a credit can be obtained for the subject.

Magister Technologiae: Real Estate

(Property Marketing/Property

Practice/Property Valuation)

(Code: MTRLS)

NB

This instructional programme comprises a research project only provided that you have already passed an instructional oﬀering in research methodology.

1 Admission requirements

Baccalaureus Technologiae: Real Estate (Property Marketing/Property Practice/Property Valuation) or equivalent applicable qualiﬁcation.

2 Programme outcomes

The qualifying learner will be able to independently do and manage real estate research under supervision of a professional specialising in property marketing or property practice or property valuation, thus contributing to the real estate needs of both rural and urban societies.

3 Notes

This programme comprises a thesis only.

In their theses, students must prove that they understand a particular problem in the industry in which they have done research, are able to analyse and set it out logically, are able to arrive at logical conclusions or a diagnosis, and are then able to make proposals for the improvement/elimination of the problem. The thesis must comply with the normal general technical requirements and rules with regard to scope, quality and layout.

4 Contact persons

For further information contact (011) 471-2287 or (011) 471-3102 before registration.

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CURRICULUM

CODE

PREREQUISITE/NOTE

Provisional

registration: Research proposal

RLS5P1M Preparation and ﬁnalisation of research proposal. This registration is valid for one year. Oﬃcial

registration: Research project and dissertation

RLS501M To be registered for a�er approval of research proposal. This registration is valid for one year.

Reregistration: Research project and dissertation

RLS5H2M To be reregistered if research project has not been ﬁnalised during period of oﬃcial registration.

National Diploma: Safety

Management

(Code: NDSMN)

1 Admission requirements

National Senior Certiﬁcate or equivalent qualiﬁcation (preferably students who are already employed in the industry or mine environment). Please refer to the General Rules and Information, Part 1, for more information on admission, registration and examination requirements.

2 Programme outcomes

This course is aimed at candidates who are interested in or who are already practising the managing of risks, SHE (safety, health and environmental) aspects or ﬁnancial administration of the safety budget in an organisation.

3 Career opportunities

 Loss control oﬃcers

 Practising safety/loss control experts

 Training oﬃcers in loss control

 Management posts in security/loss control

 Safety managers

 Risk control managers

CURRICULUM

CODE

PREREQUISITE/NOTE

First year 1. Occupational

Health and Safety Law I

OHS101S

2. Safety Principles

and Practice I SPP101S 3. Risk Management I RMN111Z 4. Language and Life

Skills I: Module 1

Module 2 LSK1M1CLSK1M2C

CURRICULUM

CODE

PREREQUISITE/NOTE

5. End-user Computing I: Module A: Theoretical Module B: Practical EUC131T EUCPRAC

Second year

(Exit level: National Higher Certiﬁcate) 6. Occupational

Health and Safety Law II

OHS201S

7. Safety Principles and Practice II: Theory Practical

SPP201S SPPPRAC

 This module is available for exemption purposes only.

 A compulsory course in training techniques (e.g. coaching for learners, or similar course) must also be completed before a credit can be obtained for this module. 8. The Personnel Function PEF131V 9. Business Management I: Module 1 Module 2 BSM1M1PBSM1M2P

Third year 10. Occupational

Health and Safety Law III

OHS301S

11. Safety

Management III SMN301S Prerequisite:Practice II Safety Principles & 12. Financial

Management I FMV151Q

13. Quantitative

Techniques I QTC171R

Baccalaureus Technologiae: Safety

Management

(Code: BTSMN)

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Safety Law III.

2 Programme outcomes

This course is aimed at candidates who are interested in or already practising in the ﬁeld of safety and risk or who will specialise in managing all the risks, safety/risk audits, incident costs as well as the environmental aspects in an industry or mine.

3 Career opportunities

 Managing loss control oﬃcers

 Managing practising security/loss control experts

 Managing training oﬃcers in loss control

 Management posts in security/loss control

 Managing safety personnel

 Managing the risk control function

CURRICULUM

CODE

PREREQUISITE/NOTE

1. Safety

Management IV SMN401S Prerequisite:III or Mining Loss Control Safety Management III/Industrial Loss Control III

and Safety Management Law III/ Occupational Health and Safety Law III; and Research Methodology. 2. Advanced Strategic Management IV: Module A: Strategic Management Module B: Strategic Safety Management AST411A AST431C

Concurrent registration for both modules AST411A and AST431C is essential and

both modules must be passed separately before a credit can be obtained for the subject.

3. Research

Methodology RME101Q

4. Risk Management

II RSM271Z

National Diploma: Small Business

Management (Phasing out)

(Code: NDSBMN)

NB

 This diploma will be phased out from 2006. No ﬁrst registrations will be allowed. Students may convert to the revised diploma and apply for credit transfers for similar subjects already passed.

 If this is your ﬁrst experience of studying via distance education, it is strongly recommended that you register for a maximum of only two subjects in your ﬁrst year of study.

1 Admission requirements

National Senior Certiﬁcate or equivalent qualiﬁcation. Please refer to the General Rules and Information, Part 1, for more information on admission, registration and examination requirements.

2 Experiential learning

 Experiential learning has only recently been implemented at Unisa. Information regarding experiential learning will be conveyed to a student. The onus of securing a placement for

will assist you wherever possible.

 There is no wri�en examination in this subject. An oral examination is conducted by way of presenting a business plan for a proposed new enterprise before a panel of evaluators. This panel is composed of the examiner, the moderator, a representative from a ﬁnancial institution and an expert in the ﬁeld of the proposed enterprise.

3 Note

 The National Diploma consists of thirteen subjects. Seven of the subjects are compulsory:

Small Business Management I, II and III Credit Control I

Communication I

Administrative Management I

Small Business Practice (experiential learning)

 The optional major subject, which must be taken up to third-year level, must be chosen from the list of optional subjects.

 A further three optional subjects must be chosen from the list of

optional subjects.

 Students could qualify to register for the Baccalaureus Technologiae: Business Administration a�er completion of this diploma (refer to the curriculum of the Baccalaureus Technologiae: Business Administration for more information on the Admission requirements and curriculum).

4 Programme outcomes

The qualifying person will be able to do the following:

 Individually develop and manage an SMME and/or a section of a department in an existing SMME and/or share expert knowledge

 Apply the principles of marketing

 Render services related to the marketing and leasing of commercial and industrial properties and the management of an estate agency

 Administer properties (practice property management)

 Manage production

 Ensure organisational eﬀectiveness

 State the basic principles of industrial relations and industrial law

 Apply principles of cost and management accounting

 Perform administrative tasks in an administrative oﬃce

 Develop a holistic overview and understanding of the establishment and functioning of an enterprise

5 Additional information

 The current list of optional subjects offered by Unisa can be combined successfully with Small Business Management. Students who want to start their own business and have a specific field of interest must choose an appropriate major subject and optional subjects. For example, students interested in the building industry (construction company) or a marketing business, e.g. an advertising agency, can choose either Property Practice or Marketing as a second major subject.

 Knowledge of small business management and the related ﬁelds of enterprise will be acquired simultaneously from the combination of major subjects. Subjects may also be chosen to supplement your existing skills and knowledge.

6 Career opportunities

The National Diploma: Small Business Management incorporates entrepreneurship, which is central to the whole course.

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On completion of this course, you can follow any of the following career paths:

 Start, manage and grow your own business enterprise

 Work in an existing business enterprise

 Be a business consultant

 Be a business training consultant

 Be a small business development oﬃcer in the public and/or private sector

 Manage and initiate growth in an existing business enterprise

7 Contact person

For further enquiries contact th administrative oﬃcers at (011) 471-2620 or (011) 471-3674.

CURRICULUM

CODE

PREREQUISITE/NOTE

First year

(Exit level: National Certiﬁcate) 1. Small Business

Management I: Both modules must be passed before a credit for the subject can be obtained. Module A: Entrepreneurship and How to Establish your Own Business SBM111A Module D: Management of a Small Business SBM141D

2. Credit Control I CCT131Y 3. An optional level

I major subject

chosen from the list of optional subjects. This subject must be taken in the second and third years as an optional major subject. 4. Communication I CBA111P

5. Any ONE choice subject from the list of optional subjects Second year

(Exit level: National Higher Certiﬁcate) 6. Small Business

Management II: Both modules must be passed before a credit for the subject can be obtained.

Any TWO of the following:

Module B: Basic Principles of Financial Management for a Small Business SBM121B Module C: Marketing for a Small Business SBM131C Module E: How to Franchise Your Own Business SBM151E Module K: Entrepreneurship and Entrepreneurial Skills SBM111K

CURRICULUM

CODE

PREREQUISITE/NOTE

Module H: Human Resource Management for a Small Business SBM161H 7. Administrative Management I ADB121S

8. Any level II major subject chosen from the list of optional subjects 9. Any ONE optional subject from the list of optional subjects

Third year 10. Small Business Management III SBM361V 11. Small Business Practice (experiential training)

SBP301S Refer to notes on experiential learning.

12. Any level III major subject chosen from the list of optional subjects 13. Any ONE additional subject from the list of optional subjects Optional subjects:

1. Marketing I MAR111Y

2. Marketing II MAR221U

3. Marketing III MAR332S

4. Property Marketing I (Introduction to Property Marketing) PMA151W 5. Property Marketing II (Marketing of Residential Property) PMA291V 6. Property Marketing III (Marketing of Commercial and Industrial Property) PMA391Z 7. Property Practice I (Building Practice)PPR161S 8. Property Practice II (Property Management: Part 1) PPR241X

9. Property Practice III (Property Management: Part 2) PPR391B 10. Personal Selling I PSS161Z 11. Production Management I PRD121X 12. Organisational Eﬀectiveness I: Module 1

Module 2 ORE1M1MORE1M2M

Both modules must be passed before a credit for the subject can be obtained.

13. Labour Relations

and Law II LRL241P

14. Costing and