BUSINESS & ECONOMICS
Postgraduate Diploma in Property Practice (Online)
PGDipPropPrac
Advance your skills, knowledge and understanding of property management, development and valuation and accelerate your career in property and related fields.
Entry Requirements
A relevant bachelors degree with a GPA of 4.0 or higher
Duration
Quarter 2:
- 2 years (part-time) or
- 1-year (full-time)
Quarter 4:
- 2-years (part-time)
Next start date
2024
- Quarter 4: 23 September (applications close 9 September)
Full Programme Fees
$10,342.80* (estimate)
(Fees can be paid in quarterly instalments)
Programme Overview
The Postgraduate Diploma in Property Practice (PGDipPropPrac) is for recent graduates and mid-career professionals who either want to enter the property industry or work in the property industry and do not hold a Bachelor of Property. The PGDipPropPrac is a flexible, practitioner-focused qualification that will develop a strong set of advanced capabilities in property theory and practice. It will equip you for a wide range of property industry roles in property valuation, property management, property development, commercial sales broking, and leasing. The programme will develop your personal and professional skills and provide you with opportunities to build industry networks as you collaborate with others in formulating ethically sound and environmentally responsible solutions to property issues. If you do not have a previous qualification in property and are keen to enter the industry, or if you would like to enhance your property career progression, this programme is for you!
Specifically for industry professionals and recent graduates without a qualification in property, the Postgraduate Diploma in Property Practice will equip you for entry into careers in property practice. Throughout this programme, you will learn to apply problem-solving and analytical methods and techniques to solve property problems. You will develop a specialist understanding of theory and practice in property and property-related fields and use these in current property management, valuation and investment contexts.
A Postgraduate Certificate in Property Practice (60-points) is available for those seeking shorter qualifications.
The Postgraduate Diploma in Property Practice comprises 8 courses. Each course runs over a 10-week quarter, allowing you to complete this programme in either 2 years full-time, or 3-years part-time. You have the option to either take one course at a time or two courses concurrently if you start the programme in Quarter 2.
To complete the PGDipPropPrac, you will take eight 15-point courses from PROPPRAC 700-708.
Please note that Auckland Online courses are scheduled on rotation, so your course progression will be determined by when you start your programme of study. Where there are specific course prerequisites within the programme itself, we will ensure that you are enrolled in the correct courses.
The 2022-2023 Quarters are scheduled as follows:
| 2022 | 2023 |
|
|
| Course Code | Course | Description | Points |
| PROPPRAC 700 | Management and Marketing | Achieving optimum performance from property assets is a multi-faceted process involving leases, financial structures, marketing, and occupier demand. Budgeting, operational expenditures, and capital expenditures will be introduced within the property context. An understanding of health and safety issues as well as leases will be provided. | 15 |
| PROPPRAC 701 | Sustainable Construction | Knowledge of construction is vital in understanding property valuation, property management and property development. Building materials, structural options, and building services have a strong influence on how a property performs both financially, functionally and environmentally. Provides general construction knowledge and an understanding of the construction process in context of buildings’ impact on the environment. | 15 |
| PROPPRAC 702 | Planning and Development | Property Development is approached from a practical perspective on the development process pathway from vision to commissioning and including the navigation of development controls and other land use restrictions in district plans. Analysis and feasibility are key skills that will be developed with case study illustration and a practical assignment. Design management, consenting, leadership, procurement and delivery will be covered including communication and sustainability. | 15 |
| PROPPRAC 703 | Law and Governance | Fundamental legal principles and issues affecting the property professional will be considered including contract law, common form contracts found in the property industry (including leasing, transfer, and valuation) land ownership and professional liability. Key property-focused governance concepts, practices, structures and mechanisms are studied. | 15 |
| PROPPRAC 704 | Property Market Dynamics | The supply and demand characteristics of urban developments have impacts on not only the price and availability of property, but on how we live and work. Development economics, urban policy, and land-use economics inform and guide decisions of property professionals, policy makers, and occupiers who shape the built environment. | 15 |
| PROPPRAC 705 | Investment and Finance | Financing represents a fundamental part of how properties are purchased, developed and managed. The application of general theories of property investment, discounted cash flow, risk and return, and financial mathematics is vital for property professionals. Debt and equity financing options are discussed for residential and income-producing property and development projects. | 15 |
| PROPPRAC 706 | Valuation | As every property is unique, the valuation of property presents many challenges and has a strong influence on the financial viability of both existing buildings and the development process. Valuation involves a range of models and approaches for valuing residential, commercial and industrial property and undeveloped land. | 15 |
| PROPPRAC 707 | Property Technology | Develops capabilities in applying analytical tools and technologies to the analysis of issues to enhance understanding of property markets and support effective decision-making. | 15 |
| PROPPRAC 708 | Professional Practice | The theory and practice of valuing, managing and developing special categories of property including shopping centres, hotels, leasehold and Māori land. Other professional property practices covered include compulsory purchase, litigation, arbitration, and professional ethics and practice. | 15 |
Programme Benefits:
As a graduate of the MPropPrac, you will be able to:
- demonstrate an advanced understanding of theory and practice in property practice and apply this in current contexts.
- synthesise and critically evaluate ideas and information from multiple sources to develop coherent and evidence-based arguments.
- creatively and systematically address complex business and management issues and develop practical and innovative solutions.
- work effectively in teams and engage diverse audiences by communicating professionally using multiple formats.
- work professionally and ethically as well as demonstrate self- management in complex situations.
- demonstrate respect for the principles underpinning the Treaty of Waitangi, as well as diversity, equity and sustainability, when operating in a global business environment.
Specifically for industry professionals and recent graduates without a qualification in property, the Postgraduate Diploma in Property Practice will equip you for entry into careers in property practice. Throughout this programme, you will learn to apply problem-solving and analytical methods and techniques to solve property problems. You will develop a specialist understanding of theory and practice in property and property-related fields and use these in current property management, valuation and investment contexts.
A Postgraduate Certificate in Property Practice (60-points) is available for those seeking shorter qualifications.
The Master of Property Practice comprises 11 courses. Each course runs over a 10-week quarter, allowing you to complete this programme in either 2 years full-time, or 3-years part-time. You have the option to either take one course at a time or two courses concurrently.
To complete the MPropPrac, you will complete PROPPRAC 700-709 and either PROPPRAC 778 or PROPPRAC 779.
The 2022-2023 Quarters are scheduled as follows:
| 2022 | 2023 |
|
|
| Course Information |
| Management and Marketing (PROPPRAC 700) 15 pointsAchieving optimum performance from property assets is a multi-faceted process involving leases, financial structures, marketing, and occupier demand. Budgeting, operational expenditures, and capital expenditures will be introduced within the property context. An understanding of health and safety issues as well as leases will be provided. |
| Sustainable Construction (PROPPRAC 701) 15 points Knowledge of construction is vital in understanding property valuation, property management and property development. Building materials, structural options, and building services have a strong influence on how a property performs both financially, functionally and environmentally. Provides general construction knowledge and an understanding of the construction process in context of buildings’ impact on the environment. |
| Planning and Development (PROPPRAC 702) 15 points Property Development is approached from a practical perspective on the development process pathway from vision to commissioning and including the navigation of development controls and other land use restrictions in district plans. Analysis and feasibility are key skills that will be developed with case study illustration and a practical assignment. Design management, consenting, leadership, procurement and delivery will be covered including communication and sustainability. |
| Law and Governance (PROPPRAC 703) 15 points Fundamental legal principles and issues affecting the property professional will be considered including contract law, common form contracts found in the property industry (including leasing, transfer, and valuation) land ownership and professional liability. Key property-focused governance concepts, practices, structures and mechanisms are studied. |
| Property Market Dynamics (PROPPRAC 704) 15 points The supply and demand characteristics of urban developments have impacts on not only the price and availability of property, but on how we live and work. Development economics, urban policy, and land-use economics inform and guide decisions of property professionals, policy makers, and occupiers who shape the built environment. |
| Investment and Finance (PROPPRAC 705) 15 points Financing represents a fundamental part of how properties are purchased, developed and managed. The application of general theories of property investment, discounted cash flow, risk and return, and financial mathematics is vital for property professionals. Debt and equity financing options are discussed for residential and income-producing property and development projects. |
| Valuation (PROPPRAC 706) 15 points As every property is unique, the valuation of property presents many challenges and has a strong influence on the financial viability of both existing buildings and the development process. Valuation involves a range of models and approaches for valuing residential, commercial and industrial property and undeveloped land. |
| Property Technology (PROPPRAC 707) 15 points Develops capabilities in applying analytical tools and technologies to the analysis of issues to enhance understanding of property markets and support effective decision-making. |
| Professional Practice (PROPPRAC 708) 15 points The theory and practice of valuing, managing and developing special categories of property including shopping centres, hotels, leasehold and Māori land. Other professional property practices covered include compulsory purchase, litigation, arbitration, and professional ethics and practice. |
Programme Benefits:
As a graduate of the PGDipPropPrac, you will be able to:
- demonstrate a specialist understanding of theory and practice in their property practice and apply this in current management contexts.
- effectively evaluate ideas and information from multiple sources to develop coherent and evidence-based arguments.
- apply appropriate problem-solving and analytical methods and techniques to solve business and management problems.
- work effectively in teams and engage diverse audiences by communicating professionally using multiple formats.
- work professionally and ethically as well as demonstrate self- management.
- recognise the significance of the principles underpinning the Treaty of Waitangi and consider issues related to diversity, equity and sustainability.
*Our Programme Advisors will provide all official programme information, including regulations about entry, enrolment, course fees, examinations and requirements for degrees, diplomas and certificates as per the University Calendar. Courses are paid per Quarter. Fees are set in advance of each calendar year and will be updated on this website. Fees are inclusive of 15% GST, but do not include the Student Services Fee, course books, travel and health insurance, or living costs. Amounts shown are indicative only. In addition to the tuition fees, there is a Student Services Fee of $4.44 per point (online). Fees will be confirmed upon completion of enrolment into courses.
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