Overview
Philosophy
The programme is to produce highly motivated and innovative postgraduate students prepared to solve the problems of a demanding real estate industry. The problems often faced in the market include but are not limited to investment value and risk analysis, facilities management, property taxation, and resettlement action plans for involuntary resettlement. As the population grows the sector continuously grapples with the need not only for increased infrastructure and facilities but equally for their management for sustainability.
Rationale
Demand for skills and expertise in property valuation, property development appraisals, land and housing administration, and property management. continues to grow, particularly with the devolved system of government in Kenya that portends to expand the real estate market in the emerging urban areas within the respective counties. This expertise will be useful to people directly involved in real estate property management and valuation. It is also valuable for decision-makers who must judge real estate investment proposals prepared by others. The course is useful in the promotion of careers for professionals working in national and county governments, financial institutions, international organizations, private enterprises, and real estate consulting firms that use these skills intensively. It is the only course in the Eastern and Southern African region offering this unique combination of postgraduate training in valuation, property management, and housing administration.
The goal is to train highly qualified real estate practitioners who have well developed competencies for research and innovation in property valuation, property management, building surveying and land and housing administration for both urban and rural areas of Kenya. The programme aims to develop proficiency in operational skills of candidates so that they can effectively apply them in making rationalized decisions in all aspects of property management and administration for prosperity and posterity.
Objectives
The main objective of the course is to develop proficiency in the operational skills of candidates so that they can effectively apply them in making financial and economic decisions in all aspects of property valuation, property development and property management. This expertise will be useful to people directly involved in real estate property management and valuation. It is also valuable for decision makers who must judge real estate investment proposals prepared by others.
Schedule of Intakes
The Department admits new students at the beginning of every academic calendar year (which is usually September)
Application Information
You will be required to enter some basic information, including your email address and to choose a password. We will then send you an email to the address you entered, so that we can validate your account. When you have clicked on the validation link (sent to you in the email), you will be able to log in to the application system using the "Login" box below
For instructions on how to apply click here
To apply online here
Mode of Delivery
- Face-to-Face Mode
This is through lectures and tutorials using notes, electronic presentations, instruction manuals, group discussions, practical laboratory demonstrations and fieldwork.
- Open, Distance Learning and e-Learning
In case of delivery through ODeL, special arrangements shall be made for the practical laboratory, field work and computing sessions. Where not feasible alternative arrangements will be made to do them on campus.
- Blended Learning
This is a hybrid of face to face with Open, Distance Learning and e-learning.
Contact of Support Persons
ADD Building, Lower State House Rd.
Mobile: +254750535572 | +254713120505
E-mail: recmqs@uonbi.ac.ke
P. O. Box 30197 NAIROBI - 00100
Notable Alumni
- Dr. Julius Malobe - Governor Kitui County
- Hon Musalia Mudavadi- Prime Cabinet Secretary GoK
- Hon. Maisori Kemero Marawa - MP, Kuria East
- QS David Mathu Njuguna: Managing Director
- Hon. Wilberforce Oundo- MP Funyula
Structure
COURSE OUTLINE
The course comprises 16 compulsory course units and a research project as listed below.
6.1 First Year of Studies
Candidates shall be required to take six courses in the First Semester, and five courses in the Second Semester
(i) Semester 1
BLE 501 Research Methods
BLE 503 Property Development
BLE 507 Computer Application in Valuation and Property Management
BLE 509 Urban Economics and Management
BLE 511 Land Management
(ii) Semester 2
BLE 500 Valuation of Natural Resources 45 Hours
BLE 502 Financial Management in Real Estate 45 Hours
BLE 504 Property Management 45 Hours
BLE 506 Property Portfolio Investment 45 Hours
BLE 508 Environmental Impact Assessment 45 Hours
Second Year of Studies
Candidates shall be required to take rive written courses in the First Semester, and undertake a research project to be examined at the end of Second Semester.
(i) Semester 1
BLE 600 Professional Practice 45 Hours
BLE 601 Property Agency and Marketing 45 Hours
BLE 602 Valuation of Equipment, Furniture and Fittings 45 Hours
BLE 603 Risk Management and Loss Adjustment 45 Hours
BLE 604 Arbitration and Conflict Management in Real Property 45 Hours
(i) Semester 2
BLE 605 Research Project 225 Hours
Admission Requirements
Minimum Admission Requirements
The Common Regulations for the Master’s Degree in All Faculties of the University of
Nairobi shall be applicable except where otherwise stated in these regulations.
The following shall be eligible for admission into the Master of Real Estate Economics degree.
Holders of at least an Upper Second Class Honours Degree in Real Estate or Land Economics from the University of Nairobi or an equivalent qualification from a university recognized by Senate
Holders of at least an Upper Second Class Honours Degree in Building Economics, Quantity Surveying, Construction Management, Architecture or Engineering from the University of Nairobi or an equivalent qualification from a university recognized by Senate.
Holders of Lower Second Class Honours Degree from the University of Nairobi, or its equivalent from a university recognized by the University of Nairobi Senate in areas specified in (1&2) above plus two years of work, research or teaching experience in real estate or related field.
Holders of Lower Second Class Honours or a Pass Degree in areas specified in (1 & 2) above with a Post-graduate Diploma from the University of Nairobi, in the relevant area, or its equivalent from a university recognized by the University of Nairobi Senate.
Holders of a Pass Degree in areas specified in (1&2) above plus five years’ experience in the relevant area.
3.2 Regulations for Credit Transfers
An applicant shall be allowed to transfer or be exempted in no more than one third of the total of taught courses. Common regulations of the University of Nairobi for transfer or exemptions shall apply.
The point of entry into the programme for candidates shall be approved by Senate on recommendation of the Board of the School of the Built Environment and shall be based on the qualifications of the candidate.
An applicant seeking exemption shall apply through the Dean of the School of the Built Environment to the Director of the Graduate School, indicating the course units and supported by relevant documents.
Application for exemptions shall be considered only after an applicant has paid an exemption fee.
Application Information
You will be required to enter some basic information, including your email address and to choose a password. We will then send you an email to the address you entered, so that we can validate your account. When you have clicked on the validation link (sent to you in the email), you will be able to log in to the application system using the "Login" box below
For instructions on how to apply click here
To apply online here
Careers
Attachment Opportunities
Career Prospects
- Our graduates work as valuers, investment advisors and property managers in private and public sectors.
Fees and Funding
| MA Valuation-Year 1(TOTAL of 12 units) | |||
| Semester 1 | Semester 2 | Yearly TOTAL | |
| TUITION | 216,000 | 216,000 | 432,000 |
| MEDICAL FEE (PER YEAR) | 6,500 | 6,500 | |
| ICT SERVICES - (PER YEAR) | 7,000 | 7,000 | |
| CAUTION - (ONCE) | 5,000 | 5,000 | |
| LIBRARY (PER YEAR) | 5,000 | 5,000 | |
| REGISTRATION (PER SEMESTER@2250) | 2,250 | 2,250 | 4,500 |
| EXAMINATION (PER UNIT @1000) | 6,000 | 6,000 | 12,000 |
| ID CARD ( PER YEAR) | 1,000 | 1,000 | |
| ACTIVITY-( PER YEAR) | 2,000 | 2,000 | |
| STUDENT ORGANISATION(PER YEAR) | 1,000 | 1,000 | |
| TOTAL | 251,750 | 224,250 | 476,000 |
| MA Valuation-Year 2 (TOTAL of 10 units) | |||
| Semester 1 | Semester 2 | Yearly TOTAL | |
| TUITION | 216,000 | 216,000 | 432,000 |
| MEDICAL FEE (PER YEAR) | 6,500 | - | 6,500 |
| ICT SERVICES - (PER YEAR) | 7,000 | - | 7,000 |
| LIBRARY (PER YEAR) | 5,000 | - | 5,000 |
| REGISTRATION (PER SEMESTER@2250) | 2,250 | 2,250 | 4,500 |
| EXAMINATION (PER UNIT @1000) | 5,000 | 5,000 | 10,000 |
| ID CARD ( PER YEAR) | 1,000 | - | 1,000 |
| ACTIVITY-( PER YEAR) | 2,000 | - | 2,000 |
| STUDENT ORGANISATION(PER YEAR) | 1,000 | - | 1,000 |
| THESIS EXAMINATION | - | 30,000 | 30,000 |
| TOTAL | 245,750 | 253,250 | 499,000 |
| Grand TOTAL | 975,000 |
Exam Regulations
i) Examination for each course shall be held in the semester in which the course is
taught.
ii) A candidate shall be required to pass in all the course units.
iii) Each course unit shall be examined by continuous assessment and by a 1 x 3 hour written examination.
iv) The pass mark shall be 50% in each paper.
v) Continuous assessment shall constitute 40% of the total marks while the written examination shall comprise 60%. Continuous assessment marks shall be attained from grades achieved within the semesters' project and library research papers and other tests as may be given in each course.
(vi) A candidate who fails in 2 or more course units may on recommendation of the Faculty Board and approval by Senate be allowed to retake the failed course units during the next ordinary university examinations. Such a candidate shall NOT BE ALLOWED to proceed to the next year of study unless he or she passes all the papers.
vi) The following candidates shall be discontinued:
-Those who fail in five or more papers.
-Those who fail in the same papers in the resit examination under (vi) and
(vii) above.
