All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED QUALIFICATION: |
Bachelor of Science in Property Studies |
SAQA QUAL ID | QUALIFICATION TITLE | |||
120845 | Bachelor of Science in Property Studies | |||
ORIGINATOR | ||||
University of Witwatersrand | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | NQF SUB-FRAMEWORK | |||
CHE - Council on Higher Education | HEQSF - Higher Education Qualifications Sub-framework | |||
QUALIFICATION TYPE | FIELD | SUBFIELD | ||
National First Degree | Field 12 - Physical Planning and Construction | Physical Planning, Design and Management | ||
ABET BAND | MINIMUM CREDITS | PRE-2009 NQF LEVEL | NQF LEVEL | QUAL CLASS |
Undefined | 360 | Not Applicable | NQF Level 07 | Regular-Provider-ELOAC |
REGISTRATION STATUS | SAQA DECISION NUMBER | REGISTRATION START DATE | REGISTRATION END DATE | |
Registered | EXCO 0816/23 | 2023-05-30 | 2026-05-30 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2027-05-30 | 2032-05-30 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This qualification does not replace any other qualification and is not replaced by any other qualification. |
PURPOSE AND RATIONALE OF THE QUALIFICATION |
Purpose:
The purpose of the Bachelor of Science in Property Studies is to provide learners with the foundational knowledge, values, and skills in readiness to operate in the real estate field or pursue further postgraduate studies in the field. Qualified learners will acquire and master the knowledge and skills in real estate investment, development, valuations, management, and research in real estate and interpersonal skills such as effective communication, and teamwork. The qualifying learner will develop the following abilities: Rationale: South Africa is presently in a state of inadequate physical and economic development. Further development is essential if South Africa is to meet the aspirations of society. The development is dependent on the provision of the appropriate forms of infrastructure, facilities, and processes. Furthermore, there is a dire need to develop, manage and maintain these facilities to provide efficient functional service. The provision of these services is dependent on the availability of graduates in this field. The qualification will assist individuals from previously disadvantaged backgrounds and marginalised groups to enter the property industry by enabling an earlier exit point that aligns with the three-year degrees. The qualification provides an academic grounding for entry into a variety of career paths in the property sectors such as a property manager, real estate valuer, asset manager, real estate analyst, property economist, real estate lawyer, property developer, management consultant, corporate real estate manager and property brokers. The qualification is currently accredited by the South African Council for the Property Valuers Profession (SACPVP) and has been endorsed by the Institute of Real Estate Management (IREM). The built environment represents a critical component of fixed capital in an economy and society. The effective provision, management, and maintenance of this stock of capital provides social and economic benefits to the population of South Africa, thus the provision of graduates who can deliver on this need is critical to the country's development. Career opportunities are available in real estate, property development, property investment, property valuation and related fields, which have been classified by the government as being scarce skills. In the private sector, graduates find employment in companies such as banks and consultancy firms. In the public sector graduates are to be employed in various Departments from the National to Municipal level. |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Recognition of Prior Learning (RPL):
The institution has an approved Recognition of Prior Learning (RPL) policy which is applicable to equivalent qualifications for admission into the qualification. RPL will be applied to accommodate applicants who qualify. RPL thus provides alternative access and admission to qualifications, as well as advanced standing within qualifications. RPL may be applied for access, credits from modules and credits for or towards the qualification. RPL for access: RPL for exemption of modules: RPL for credit: Entry Requirements: The minimum entry requirement for this qualification is: Or Or Or Or |
RECOGNISE PREVIOUS LEARNING? |
Y |
QUALIFICATION RULES |
This qualification consists of the following compulsory modules at National Qualifications Framework Levels 5, 6 and 7 totalling 426 Credits.
Compulsory Modules, Level 5, 144 Credits: Compulsory Modules, Level 6, 144 Credits: Compulsory Modules, Level 7, 138 Credits: |
EXIT LEVEL OUTCOMES |
1. Demonstrate integrated knowledge of the real estate industry, including an understanding of different construction processes, documentation, technological applications, health and safety, and ethical practices and apply different technologies and software used in the built environment.
2. Demonstrate knowledge of the significance and scope of many areas of real estate and evaluate the extent of the various specialist contributions to the overall construction industry. 3. Display knowledge of current attitudes, and methods in the discipline of real estate and select a range of methods to develop a creative and innovative approach to resolve problems or introduce change within the discipline of real estate. 4. Identify and address complex real estate problems by employing appropriate knowledge of the key real estate terms, concepts, facts, principles, rules, and theories used in the built environment industry. 5. Take decisions, ethically and professionally regarding property structure built and/or managed and justify how the decisions contribute positively to the environment by complying with the by-laws of the country and/or environment, drawing on appropriate ethical values and approaches within a supported environment. 6. Develop appropriate processes of information gathering for the real estate context, evaluate, manage information, and independently validate the sources of information related to the construction process, health and safety, ethical practices as well as different technologies and software. 7. Develop and communicate real estate ideas and opinions verbally and non-verbally in well-formed arguments, using appropriate academic, professional, or occupational discourse for the real estate context. 8. Manage processes in unfamiliar and variable real estate contexts recognising that problem-solving occurs in a series of wider social and natural systems that impact the field of real estate and develop an appreciation for this wide professional diversity. 9. Demonstrate the ability to identify, evaluate, and address own learning needs in a self-directed manner, and facilitate collaborative learning processes within and about real estate contexts. 10. Take full responsibility for own real estate work, decision-making and use of resources, and limited accountability for the real-estate decisions and actions of others in varied or imprecise real estate contexts. |
ASSOCIATED ASSESSMENT CRITERIA |
Associated Assessment Criteria for Exit Level Outcome 1:
Associated Assessment Criteria for Exit Level Outcome 2: Associated Assessment Criteria for Exit Level Outcome 3: Associated Assessment Criteria for Exit Level Outcome 4: Associated Assessment Criteria for Exit Level Outcome 5: Associated Assessment Criteria for Exit Level Outcome 6: Associated Assessment Criteria for Exit Level Outcome 7: Associated Assessment Criteria for Exit Level Outcome 8: Associated Assessment Criteria for Exit Level Outcome 9: Associated Assessment Criteria for Exit Level Outcome 10: INTEGRATED ASSESSMENT Integrated assessment will be achieved by a variety of strategies. These include written examinations, group and individual projects and assignments as well as two independent study reports. Some of the criteria may be assessed through observation of the learners during their presentations in class. Integrated assessment will be both formative and summative. Formative assessment will take place during seminar and class presentations, discussions, and project sessions. Self and peer assessment will contribute to formative assessment. Summative components of assessment include the independent study report in which learners either undertake a consultancy report, business venture proposal, social entrepreneurship project or research report. Learners are also required to undertake a project on their development that covers areas such as self-awareness, career management, negotiations, and an international study component. In addition, further Capstone courses have been designed in the form of Case Competition and Business Integration. Both courses were designed, taught, and assessed to integrate the qualification. The assessment takes place through cases and competency testing through simulations. The written examinations will require the integration of information from the different areas of the course content. |
INTERNATIONAL COMPARABILITY |
This qualification is comparable to the top-ranked universities in the world that have top real estate undergraduate qualifications in countries such as the United Kingdom, Singapore, the United States of America, and Australia.
Country: United Kingdom (UK) Institution: University of Cambridge Qualification: Bachelor of Arts Honours in Land Economy Duration: Three years Entry requirements: Purpose/Rationale: The qualification offers learners the opportunity to build valuable skill sets, study some of the key issues of our time, and cultivate excellent career opportunities. Law, economics, and their relationship to the built and natural environments are central to Land Economy, along with other areas such as business regulation, the financial aspects of real estate and international development. The multidisciplinary nature of the qualification is particularly relevant in the 21st century where the environment, law and economics and the control of scarce resources affect the daily lives of people around the world. Qualification structure: The qualification consists of compulsory and elective modules. Compulsory Modules: Year One: Year Two: Elective Modules (Select five modules, including at least one module on a legal topic): Year Three: Elective Modules (Select four modules from the following options): Assessment: Assessment is by written examinations and through coursework and projects, as well as a dissertation in Year 3. Similarities: Differences: Country: Singapore Institution: National University of Singapore (NUS) Qualification: Bachelor of Science in Real Estate Credits: 160 Units Duration: Three-year full time Entry requirements: Or Or Or Purpose/Rationale: The Bachelor of Science in Real Estate trains real estate professionals to create and manage wealth in the context of the built environment. The qualification is unique in providing an explicit link and interface between the spatial features of Real Estate and its financial attributes. Graduates are employed in both public and private sector organizations which own, develop, use, or manage land and property. Graduates are employed in the fields of real estate fund management, real estate development and investment, urban planning, property valuation and corporate real estate management. Real Estate graduates can diversify into other areas, securing managerial positions in organisations like banks, fund and asset management companies, insurance companies and training establishments. Real Estate graduates play key roles in the development of the built environment as well as in the advancement of the quality of urban living through the transformation and management of real estate resources. The qualification is intended to equip learners with the knowledge base required of real estate professionals and has expanded considerably given the increasing trend towards globalisation and greater integration of real estate markets with global financial markets. Similarities: These streams are similar to the South African qualification modules/streams of Accounting Principles for Construction, Economics, Real Estate Management, Real Estate Market Analysis, Real Estate Law Urban Economics, Real Estate Corporate Finance, Real Estate Finance and Planning for Property Developers. Differences: Country: United States of America (USA) Institution: Florida International University Qualification: Bachelor of Business Administration in Real Estate Credits: 120 Credit hours Duration: Four years full time Entry Requirements: Purpose/Rationale: The qualification will prepare learners to make decisions in the real estate and real estate finance industries and explore the financial aspects of all real estate transactions, from residential to commercial to international, and learn about property management and real estate development. Graduates can understand the functions of real estate markets, practices, and institutions, understand the nature of the legal environment of real estate, appraise the real estate development opportunities in the commercial real estate markets for residential, warehouse, retail, and industrial properties, and solve specific problems or issues related to the analysis of real estate financing alternatives. The study of real estate can lead to a variety of career paths, including commercial property management and sales, investment management, brokerage, mortgage banking, leasing, appraisal, site location and procurement, and residential property management. Commercial real estate brokers provide property tours, negotiate lease and sales terms, market properties and draw up contracts. The qualification is designed to provide the learner with an understanding of: Qualifying learners will be to: Qualification structure: The qualification consists of 60 credits of lower division course work including business pre-core courses and 60 credits of upper-division coursework, including business core courses, real estate courses, and upper-division business electives. Business Compulsory Modules: Real Estate Compulsory Modules: Electives Modules: Elective courses in the major include additional REE classes. Similarities: Differences: Country: Australia Institution: Deakin University Qualification: Bachelor of Property and Real Estate NQF Level: AQF Level 7 Duration: Three years full-time Entry Requirements: Purpose/Rationale: Deakin's industry-led Bachelor of Property and Real Estate is accredited by the Australian Property Institute (API) and the Royal Institution of Chartered Surveyors (RICS), meaning learners graduate with a qualification that meets the needs of an evolving industry. Graduates will meet the academic requirements for membership as a Certified Practising Valuer. The DU qualification provides a foundation for careers in property valuation, and development and becoming a specialist in areas such as commercial and industrial property, residential property, and sustainable construction. Exit Level Outcomes: On completion of the qualification, qualifying learners will be able to: Qualification structure: To complete the Bachelor of Property and Real Estate, learners must attain a total of 24 credit points plus the compulsory 0-credit point module, Academic Integrity Module. The Deakin University (DU) qualification consists of the following compulsory modules. Similarities: Differences: Conclusion: The Bachelor of Science in Property Studies reflects a great deal of similarity with the modules, levels (NQF Level 7), purpose, rationale, and duration (3 years) from international universities. This implies that the qualification is internationally comparable. Although there are many similarities between the Universities compared, there are also differences such as the flexibility of choosing specialisations or electives and work-integrated learning. |
ARTICULATION OPTIONS |
This qualification allows possibilities for both horizontal and vertical articulation.
Horizontal Articulation: Vertical Articulation: |
MODERATION OPTIONS |
N/A |
CRITERIA FOR THE REGISTRATION OF ASSESSORS |
N/A |
NOTES |
N/A |
LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: |
NONE |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
1. | University of Witwatersrand |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |