Property – Bachelor of Business

Specialisation

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

Where you can study
Auckland campus
Distance and online
Manawatū campus (Palmerston North)
International students

International students are not New Zealand citizens or residents.

Definition of New Zealand citizens and residents

Open to international students on campus in New Zealand, or studying on-line outside New Zealand

Specialise in Property for your Bachelor of Business at Massey

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 qualification 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.

A Bachelor of Business in Property is 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.

Planning information

Planning information

If you study full-time, you will usually complete 120 credits per year (four 15-credit courses in each of Semesters 1 and 2).

If you study part-time, you should consider how many hours per week you can allocate to your studies.  We recommend that part-time students enrol in 30 credits (two 15-credit courses each semester).

Degree structure

The Bachelor of Business (Property) consists of:

  • Compulsory (Core) courses (135 credits)
  • Property major courses (120 credits)
  • Elective courses (105 credits)               

You may use your elective courses to complete a recognised minor, or broaden your study.

Important planning notes

  • A full-time study load is typically 60 credits per semester.
  • Complete prerequisite courses early to support progression into the higher-level Property courses.
  • Some advanced courses may only be offered once per year, so plan ahead.
  • If you intend to complete a minor or an internship, you should plan your course sequencing carefully to ensure prerequisite requirements are met on time.
  • Some courses may also be available during Summer School.

You must also ensure that your overall degree includes:

  • no more than 180 credits at 100 level (including all compulsory and major 100-level course requirements), and
  • at least 75 credits at 300 level.

Majors and minors

Completing at least one major is compulsory. A major requires 120 credits, including at least 60 credits at 300 level.

If you wish to complete an internship, it will normally be in addition to your major requirements.

Completing a minor is optional and allows you to broaden your knowledge and capabilities in another subject area. A minor must be in a different subject from your major and can be from another undergraduate degree (subject to the regulations of that qualification).

Meeting requirements for industry membership

Registered Valuer with the Valuers Registration Board (VRB) of New Zealand

If you intend to apply to the Valuers Registration Board for registration as a valuer you need to include the courses in the table below in your study plan. Please note that they are subject to change periodically.

New Zealand Institute of Valuers (NZIV)

The NZIV and the Valuers Registration Board’s course requirements are the same. The NZIV offers a pathway for students and graduates to enter the valuation profession.

Licensee by the Real Estate Agency (REA)

The BBus in Property, when coupled with any assessment required by SKILLS ITO, meets the licensing requirements under Real Estate Agents Licensing Regulations 2009.

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 qualification.

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 courses indicated below as part of your Bachelor of Business (Property).

Member of Property Institute of New Zealand (PINZ)

The Property Institute of New Zealand recognises a number of Massey University qualifications for entry to Member status or for registration within PINZ streams.

Courses required for industry membership 

 

Real Estate
Institute of NZ (AREINZ)

and

Licensee by the
Real Estate Agency (REA)

Member of the
Royal Institution of
Chartered Surveyors (MRICS)

and

Member of Property Institute of 
New Zealand (PINZ)

Valuers Registration
Board (VRB)

and

Member of the
NZ Institute of
Valuers (MNZIV)
(also requires VRB
registration)

 

Full Bachelor’s degree required, including the courses below:

127100

127241   

127242   

127245   

127341

127343   

127348

127378   

155201  

218102

 

218201

 

 

  • All prerequisites must be met.

Typical pattern for the Bachelor of Business majoring in Property

Core courses These courses are a compulsory part of your qualification.

Major courses Choose from a selection of courses appropriate for your specialisation.

Elective courses Follow your interests. Your qualification may have selection guidelines for elective courses.

Year One
115112 Accounting for Business Decisions
115113 Economic Fundamentals of Global Business
115114 Finance for Business and Life
115115 People, Work and Organisations
115116 Marketing: Creating Value
115117 Business in the Digital Age
Core option*
127100 Introduction to Property and Real Estate
Year Two
115212 Responsible Leadership in Business
127242 Introduction to Property Valuation
127245 Property, Finance and Investment
127241 Property, Markets and Planning (subject choice)
155201 Law of Property (subject choice)
Elective
Elective
Elective
Year Three
115340 Sustainable Business Operations
127341 Property Management and Development
127348 Sustainable Property Investment
127378 Property, Economics and Analysis
127343 Applied Property Valuation
127356 Rural Valuation (subject choice)
Elective
Elective

Notes

  • All courses are worth 15 credits unless otherwise stated.
  • *Core option. Choose one:
    • 115109 Introduction to Business Analytics
    • 115211 Business Law
    • 115230 Pakihi Māori
    • 125230 Business Finance.
  • Complete all Major courses (90 credits) and choose one Subject course (15 credits) at 200 level and one Subject course (15 credits) at 300 level to complete the Property specialisation. Courses labelled (Subject choice) are supporting courses that complement the Property specialisation.

Official regulations

To understand what you need to study and must complete to graduate read the official rules and regulations for this qualification.

You should read these together with all other relevant Statutes and Regulations of the University including the General Regulations for Undergraduate Degrees, Undergraduate Diplomas, Undergraduate Certificates, Graduate Diplomas and Graduate Certificates.

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

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

Courses you can enrol in

Courses you can enrol in

Core courses for the Bachelor of Business

As well as the specialisation courses listed below, this qualification has core courses that you will need to complete.

Bachelor of Business core courses

Property courses

Compulsory courses

Choose 90 credits from
Course code: 127100 Introduction to Property and Real Estate 15 credits

An introduction to the concepts and principles underlying the property market/industry in New Zealand. This course provides an overview of the regulatory, economics and evaluation framework for users and investors in property and real estate.

View full course details
Course code: 127242 Introduction to Property Valuation 15 credits

An introduction to the principles and methods of property valuation.

Restrictions

Some courses are restricted against each other because their content is similar. This means you can only choose one of the offered courses to study and credit to your qualification.

127255
View full course details
Course code: 127245 Property Finance and Investment 15 credits

A study of property investment analysis, the role of property finance, and the evaluation of property financing decisions.

Prerequisites

Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.

115114 or 127100
View full course details
Course code: 127341 Property Management and Development 15 credits

The application of analytical techniques to, and the appraisal of, the management and development of commercial real estate resources.

Prerequisites

Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.

127241 or 155201
View full course details
Course code: 127348 Sustainable Property Investment 15 credits

An examination of the business case for sustainable property development and investment, exploring policies and regulations, and economic, environmental and social benefits of ESG-aligned properties.

Prerequisites

Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.

127245
Restrictions

Some courses are restricted against each other because their content is similar. This means you can only choose one of the offered courses to study and credit to your qualification.

127342
View full course details
Course code: 127378 Property Economics and Analysis 15 credits

A study of the dynamics of location and economic fundamentals in the development of urban spaces and cities, using analysis of property markets and data.

View full course details

Subject courses

Choose 15 credits from
Course code: 127241 Property Markets and Planning 15 credits

A broad-based introduction to property and planning from both a New Zealand and international perspective. Students will gain insight into why property professionals need to be aware of town planning rules.

View full course details
Course code: 155201 Law of Property 15 credits

The law relating to the transfer and ownership of and other dealings in real property.

Prerequisites

Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.

115211 or 115103 or 155202
Restrictions

Some courses are restricted against each other because their content is similar. This means you can only choose one of the offered courses to study and credit to your qualification.

155216, 155700
View full course details

Subject Courses

Choose 15 credits from
Course code: 127343 Applied Property Valuation 15 credits

The application of valuation theory in relation to commercial and industrial property, both vacant and improved, valuation practices.

Prerequisites

Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.

127242 and 127245
View full course details
Course code: 127356 Rural Valuation 15 credits

Application of the principles, methods and processes of valuation to rural and agribusiness properties.

Prerequisites

Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.

189151, and either 127242 or 127255
View full course details

Entry requirements

Entry requirements

Admission to Massey

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

Specific requirements

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

English language requirements

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

English language skills

If you need help with your English language skills before you start university, see our English for Academic Purposes (EAP) courses.

Fees and scholarships

Fees and scholarships

2026 tuition fees

  • Domestic students: $7,415
  • International students: $38,080

Tuition fees are estimates only. The exact fees charged will depend on which courses you select at the time of enrolment. The estimates are for full-time study (120 credits). Fees are in New Zealand dollars and include Goods and Services Tax (GST).

The estimates do not include the Student Services Fee. This fee is $1,164 for on-campus students and $948 for distance students for full-time study (120 credits). For more information about this fee and other fees you may need to pay, see non-tuition fees.

There may also be charges for things such as study resources, software, trips and contact workshops.

Course fees

You can view fees for the courses that make up your qualification on the course details pages.

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, including how much could be covered and your eligibility on the Inland Revenue website.

Careers and job opportunities

Careers and job opportunities

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

  • Private practice firms involved in property and development consultancy, project management and coordination, 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), the Real Estate Institute of New Zealand (REINZ), and the Valuers Registration Board (VRB) are the professional organisations that you are most likely to join as a graduate of this qualification. Each professional body is closely involved with the development of Massey's courses. The 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.

International students

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.

What our students say

“Being a full-time athlete doesn't allow me to go to a campus, however studying online gives me the flexibility to work in my own time. You can only play sport for a short period of your life; studying is preparing me for life after sport by allowing me to learn new skills.”
Louis Fenton

Bachelor of Business (Property)

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.

Learn more

New Zealand Institute of Valuers (NZIV)

Once you are registered with the Valuers Registration Board you may also apply to become a Member of the New Zealand Institute of Valuers (MNZIV). After 1 year of NZIV membership a member can apply to become an Associate member of NZIV (ANZIV, MPINZ).

Learn more

Valuers Registration Board (VRB)

Suitably qualified students may apply to the Valuers’ Registration Board to obtain registration as a valuer. Registration (recognised as a minimum standard of competence) requires the valuer be 23 years of age, have the necessary qualifications and a minimum 3 years practical valuing experience. Registration is covered in the Valuers Act (1948).

Learn more

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). Suitably qualified students may apply to PINZ to obtain registration in their selected field of expertise. Registration requires the necessary qualifications and at least 3 years practical experience in a selected field of expertise.

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QS Ranking - Business Management Studies

Massey University is ranked by QS (Quacquarelli Symonds) as one of the top 400 universities for business and management.

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Real Estate Authority

The BBus in Property, when coupled with any assessment required by SKILLS ITO, meets the licensing requirements under Real Estate Agents Licensing Regulations 2009.

Learn more

Real Estate Institute of New Zealand (REINZ)

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

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Royal Institution of Chartered Surveyors (RICS)

Massey's Bachelor of Business (Property) is accredited for the Commercial Real Estate and Valuation pathways. RICS promotes professional qualifications and standards in developing and managing land, real estate, construction and infrastructure. With offices in political and financial centres, their market presence means they're well placed to influence national level policy and standards.

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ShanghaiRanking – Business Administration

Massey University is ranked #2 in New Zealand for business administration by ShanghaiRanking.

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