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Overview

A career in a dynamic industry

Studying property at Massey gives you the expertise and confidence to access exciting opportunities in the dynamic and growing property industry.

  • Level

  • Undergraduate, NZQF Level 7
  • Campus

  • Auckland, Manawatū
  • Distance learning

  • Available
  • International

  • Available for international students studying in NZ or via distance learning

Massey University's Bachelor of Business (Property) will give you an introduction to a wide range of professional skills relevant to the industry. These include property development, management, valuation, finance, investment and economics.

You will learn the communication skills you’ll need to operate within the industry and to work effectively with clients.

Real world learning

Our lecturers at Massey combine extensive real-world property industry experience with sound academic knowledge, ensuring you are career-ready.

Our field trip programme is also a great supplement to your studies. You’ll visit a wide range of properties owned, occupied or operated by individuals or organisations. We will arrange business and professional contacts for you during your studies. This will expose you to operating procedures, research facilities and employment opportunities. Practical assignments are organised to provide you with the appropriate professional skills and will also give you that essential link between theory and practice.

The programme is structured to allow for specialisation while preparing you for an interesting and rewarding career in a variety of property positions.

Learn from leading business experts

Our lecturers are actively researching, bringing the most relevant developments in business theory and practice to your study.

Careers and further study

Careers

There is a huge range of careers in the property business in which you can choose to specialise. Or become a generalist. Examples include:

  • Private practice firms involved in property and development consultancy, project management and co-ordination, and property management
  • Valuation firms
  • Commercial and industrial enterprises which use, occupy, or own all types of property
  • Development and construction companies
  • Real Estate firms - domestic and international

You can also apply for jobs in related areas such as insurance or finance companies, government organisations, local and regional authorities or shopping centres.

Depending on ultimate choice of careers, Property Institute of New Zealand (PINZ), The Royal Institute of Chartered Surveyors (RICS) and the Real Estate Institute of New Zealand are the professional organisations that you are most likely to join as a graduate of this programme. Each body is closely involved with the development of Massey's courses. Both institutes actively encourage students to get involved in the affairs of the local branch and, upon graduation, to become members of one or more of these organisations.

What are the specialisations?

Property valuation

Property valuations are required as the basis for a wide variety of real estate decisions. You can meet the requirements for accreditation by the Valuers Registration Board by including specific courses as electives.

Property development and management

Property development involves planning the purchase, development, and sale of new or existing properties.

Property finance and investment

Evaluating a property financing decision requires assessing lending risks and understanding how interest rates are determined.

Property market principles and economics

Property market principles and economics knowledge is required to discuss how uses of property resources are economically determined and developed within shared urban space.

You can find more information about these specialisations in ‘Courses and planning’.

International students

New Zealand is a great place to study. Massey University’s reputation is supported by our international rankings, accreditations and associations. We are rated five star plus by the QS World University Rankings.

Massey University has small class sizes, and our lecturers and staff are friendly and approachable.

As an international student, there are entry requirements that will apply to you. We recommend that you apply at least three months before your anticipated start date so your application can be processed in time. There are additional steps you will need to take. These include obtaining a visa and travel bookings if your study is to be in New Zealand.

Entry requirements

University admission

All students must meet university entrance requirements to be admitted to the University.

Programme admission

Required

There are no specific entry requirements for this programme, outside of university admission regulations.

English language requirements

To study this programme you must meet Massey University's English language standards.

Prior learning, credit and exemptions

For information on prior learning, exemptions and transfer of credit or other questions:

If you do not have the entry requirements

English language and foundation courses

Before you start

If you need help with your English language skills before you start university, we have courses and programmes that may help.

While you study

The language used in the study of business can be technical.  If English is not your first language and you would like to increase your confidence in academic English we recommend you incorporate one of both of these programmes as electives. This will support the successful completion of your Bachelor of Business.

  • 192.101 is Academic English for ESOL Students. It includes advice, practice and assessment of reading, writing, speaking and listening at University for students from non-English-speaking backgrounds.
  • 192.102 is Academic Writing for ESOL Students. It includes advice, practice and assessment in essay and report writing for students from non-English-speaking backgrounds.

These courses both include research based written assessments of more than 1000 words.

Summer School

If you need to do a course before you start your programme, there may be options for you in Summer School.

Courses and planning

Courses for this specialisation

Compulsory courses (90 credits)

90 credits
127241 Property Market Principles 15
127242 Introduction to Property Valuation 15
127245 Introduction to Property Finance and Investment 15
127341 Property Management and Development 15
127343 Applied Property Valuation 15
155201 Law of Property 15

Compulsory Capstone course

127342 Applied Property Finance and Investment 15

Subject courses (15 credits)

15 credits
115388 Internship in Business 30
115389 Business Internship 15
127378 Property Economics and Planning 15

Planning your programme

Planning overview

If you study full-time, in your first year, you’ll take eight 15-credit courses, making a total of 120 credits.

If you wish to study over two semesters, you should aim for 60 credits per semester. You may be able to take some courses at summer school. Make sure you include courses that are prerequisites for the next level of courses you wish to study.

Core business courses

Core courses are compulsory. These are courses which cover topics across the business spectrum. They are designed to give you the leadership, communication and solid business skills that you will need in your career.

The BBus provides considerable flexibility, enabling you to take control of your own programme within the regulations.

Capstone course

‘Capstone’ courses are designed to be taken in your last year of study. This relies on you having completed the correct first and second year courses and ties your learning together.

127.342 is the capstone course for the Bachelor of Business (Property).

What are the specialisations?

Property valuation

Property valuations are required as the basis for a wide variety of real estate decisions, including those concerned with the buying and selling of property, advancing money on the security of a property, rental assessments, subdivision of property interests, compensation for public acquisitions, the assessment of local authority rates, and other forms of taxation. You can meet the requirements for accreditation by the Valuers Registration Board by including specific courses as electives.

Property development and management

Property development involves planning the purchase, development, and sale of new or existing properties. This can include residential subdivisions, construction of office buildings, establishment of industrial parks, and refurbishment of existing buildings. Property management involves the day-to-day management of commercial property, including office buildings, retail outlets, industrial properties, and apartments. It includes management of the building and the facilities within the building.

Property finance and investment

Evaluating a property financing decision requires assessing lending risks and understanding how interest rates are determined. Property investment can cover all classes of property and involves looking for and analysing investment opportunities. Analysis involves technical calculations and an understanding of the risks and returns of the investment.

Property market principles and economics

Property market principles and economics knowledge is required to discuss how uses of property resources are economically determined and developed within shared urban space – especially at different global, international, national, regional, urban, local and site scales. Property market analysts and property economists are able to critically discuss and reflect on economic theory and practice in property, while using the lens of economics to analyse property given current (and potential future) trends.

Thinking of studying by distance?

If you wish to study by distance (online) mode, note that not all majoring courses are offered by distance every year. You may therefore take more than three years to complete this degree. We strongly recommend that you get in touch with us to get advice on your study plan before enrolling.

Minors

Completing a minor is optional. Minors increase the breadth of your degree. They give you extra knowledge, attributes and capabilities.

A minor must be in a different subject from your major.

A Bachelor of Business (Property) with a minor

You may choose a minor from any University undergraduate degree that has recognised minors. If the minor is from another undergraduate degree, the regulations of that programme will apply.

A property minor (for students who are studying a different degree)

If you are not studying a Bachelor of Business (Property) and wish to complete a minor in property see the BBus regulations for the requirements of this minor.  

Professional requirements

Valuers Registration Board (VRB) of New Zealand

Becoming a registered valuer

If you intend to apply to the Valuers Registration Board for registration as a valuer you need to include the following courses in your study plan:

Property major courses:

  • 127.241 Property Market Principles
  • 127.242 Introduction to Property Valuation
  • 127.245 Introduction to Property Finance and Investment
  • 155.201 Law of Property
  • 127.341 Property Management and Development
  • 127.342 Applied Property Finance and Investment
  • 127.343 Applied Property Valuation
  • 127.378 Property Economics and Planning

And all of:

  • 100 Introduction to Property and Real Estate
  • 218.172 Construction Technology: Residential
  • 218.273 Building Technology: Commercial Property

Royal Institution of Chartered Surveyors (RICS) - Member

If you intend to apply for membership of the Royal Institution of Chartered Surveyors (RICS) the BBus (Property) Major is a fully accredited programme

Real Estate Institute of New Zealand - Associate

If you wish to apply to become an associate of the Real Estate Institute of New Zealand (AREINZ) when you complete your degree, you need to take the following two courses as part of your Bachelor of Business (Property):

  • 127.378 Property Economics and Planning
  • 218.172 Construction Technology: Residential

Fees and scholarships

Fees and finance

Fees, student loans and free fees scheme

Your tuition fees may be different depending on the courses you choose. Your exact fees will show once you have chosen your courses.

There will also be some compulsory non-tuition fees and for some courses, there may also be charges for things such as study resources, software, trips and contact workshops.

Already know which courses you're going to choose?

If you already know which courses you are going to take, you can use our fees calculator to get an estimate of your fees.

Student loans (StudyLink) and Fees Free scheme

You may be eligible for a student loan to help towards paying your fees.

The New Zealand Government offers fees-free tertiary study for eligible domestic students. Find out more about the scheme and your eligibility on the Fees Free website. To use the site's eligibility checking tool, you will need your National Student Number.

Current and returning Massey students will find their National Student Number on their student homepage.


A good fit if you:

  • are interested in real estate and property
  • enjoy meeting new people, and are a good communicator
  • would like to specialise in property, but want to keep your career options open.

Meet our students

Accreditations and rankings

Association to Advance Collegiate Schools of Business (AACSB)

Massey Business School is rated in the top 5% of global business colleges by AACSB International.


Property Institute of New Zealand (PINZ)

The Bachelor of Business (Property) and Bachelor of Agribusiness (Rural Valuation) are accredited by the Property Institute of New Zealand (PINZ).


QS Ranking - Business and Management

Massey University is ranked by QS (Quacquarelli Symonds) as one of the top 300 universities for business and management.


REINZ - Real Estate Institute of New Zealand

The Real Estate Institute of New Zealand (REINZ) accredits the Bachelor of Business (Property). It represents more than 14,000 real estate professionals nationwide.


RICS - Royal Institute of Chartered Surveyors

The Royal Institution of Chartered Surveyors accredits Massey's construction and property qualifications.


ShanghaiRanking – business and finance

Massey University is ranked #1 in New Zealand and in the top 150 universities globally for business administration and finance by ShanghaiRanking.


VRB - Valuers Registration Board

The Bachelor of Business (Property) is accredited by the New Zealand Valuers Registration Board.


Key information for students

Compare qualifications and academic information across different New Zealand institutions.

Regulations

Review this important information before you apply for this programme. This gives you full details of the rules and regulations about what you need to study and what you must achieve in order to graduate with this qualification. That includes structure, courses and requirements. These regulations should be read in conjunction with all other Statutes and Regulations of the University including the below.

Undergraduate programmes

General Regulations for Undergraduate Degrees, Undergraduate Diplomas, Undergraduate Certificates, Graduate Diplomas and Graduate Certificates.

 

Regulations for this programme

Applying and enrolling

Applying for the programme

Check you are ready

If you are ready to apply, have a look at our application checklist. It will help you get prepared with what you need. Please also check the entry requirements carefully before you apply.

Choose your programme and click on Apply now

You will apply for the programme using the Apply now button on this page. You’ll also choose your specialisation (major, subject or endorsement) if applicable.

Some programmes have additional requirements such as the submission of a portfolio or CV. Click on Apply now and you will be able to submit those documents as part of the application process.

Receive and accept an Admission Offer of Place

You will receive an Admission Offer of Place when you have been accepted into the programme. You need to accept this before you can enrol in your courses. International students also need to pay their fees at this point.

Enrolling in courses

You’ll then get access to your own student homepage (also known as the student portal). This is where you can enrol in courses. Any updates on your application or enrolments will also be on your student homepage. Make sure you check this regularly.

When you choose courses, ensure you check for any requirements that apply including:

  • prerequisites (courses you have to do before the one you are enrolling in)
  • corequisites (courses you have to do at the same time as the one you are enrolling in)
  • restrictions (courses that you cannot enrol in if you are completing or have completed another identified similar course)
  • location – for instance some distance-based courses still have an on-campus element, so double check that the way the course is taught is suitable for your situation.

Each of our courses has its own webpage where you can find this information. You can use our course search to find course pages.

More information on courses is in the ‘Courses for this programme’ section on this page.

You can find information on application due dates and semester dates on the key dates page.

We look forward to welcoming you to Massey!

If you have any questions, contact us through the Enquire button on this page.

What are courses and credits?

What are courses and credits?

Each Massey programme is made up of courses (in some tertiary institutions they are called ‘papers’).

You will have some compulsory courses and some you can choose from.

Each course is worth a certain amount of credits (often 15 credits, but this does vary). You must gain a set number of credits to be able to graduate from this programme.

There may also be some rules about which courses you need to pass to progress to the next year, or stage, of your study (known as progression). There are also courses you must pass to graduate with a specialisation.

  • See the ‘Courses for this programme’ section for the list of courses.
  • Courses search

Understanding course numbers

The first three digits of our course numbers show you which subject the course is about.

The second three digits show you the level and course ID number. For instance:

  • sub-degree courses are '0' (i.e. xxx.0xx)
  • undergraduate study begins at 100-level, (i.e. xxx.1xx)
  • as you progress through 200- and 300-level courses this number changes to 2 and 3 respectively. The higher the number that starts the second three digits, the higher the level of study
1 6 2 . 3   0 1
Subject area   Level   Course ID number

About electives

Electives are courses that are not compulsory. Certain guidelines are usually provided on courses you may take. Elective courses contribute to the programme, but not to your major or specialisation.

Elective courses can be chosen from any area of study that interests you, as long as it fits with the timetabling for the courses you need to take to complete your Bachelor of Business.

For this property major we do recommend that you choose one of the following first year courses for your elective choices in your first year: 161.101 Statistics for Business or 161.120 Introductory Statistics. These courses will assist with your numeracy abilities.

If English is not your first language we also recommend you include English language electives as part of your study. See the ‘If you do not have the entry requirements’ section for more.

Workload and time management

Use this tool to help determine how much time you will need each week to complete your studies.

Estimate workload

Returning students

For returning students, there may be changes to the majors and minors available and the courses you need to take. Go to the section called ‘Transitional Provisions’ in the Regulations to find out more.

In some cases the programme or specialisation you enrolled in may be no longer be taking new enrolments, so may not appear on these web pages. To find information on the regulations for these programmes go to the Massey University Calendar.

Please contact us through the Enquire button on this page if you have any questions.

Scholarships and awards

Scholarships related to this programme

There are a number of scholarships available for new and current students. They could relate to your situation, achievement or interest.

Find and apply for scholarships