BS Real Estate Management

Here is the curriculum of the Bachelor of Science degree in Real Estate Management (BS REM), based on the CHED’s CMO No. 28, Series of 2011.

General Education Courses (51 Units)

NOTE: The course numbers below are for illustrative purposes only.

Humanities Cluster (21 units)

Communication Skills, Part 1
Communication Skills, Part 2
Sining ng Pakikipagtalastasan
Pagbasa/Pagsulat sa Iba’t Ibang Disiplina
Philippine Literature
Introduction to Philosophy with Logic and Critical Thinking
Art, Man and Society

Math/Science Cluster (15 units)

College Algebra
Statistics
Physical Science
Environment and Green Building Technology
Fundamentals of Computer Software and Applications

Social Sciences Cluster (12 units)

Philippine History with Politics and Governance
Introduction to Economics with Land Reform and Taxation
Society and Culture with Family Planning
General Psychology

Mandated Course (3 units)
Life and Works of Rizal

Business Core Courses (21 units)

Management (6 units)

Principles of Management (BA 101)
Human Behavior in Organization (BA 104)

Marketing (3 units)

Principles of Marketing (BA 170)

Accounting (3 units)

Accounting 1 (BA 99.1)

Business Communication (3 units)

Finance (3units)

Basic Finance (BA 141)

Computer II (3 units) (BA 184)

Management Education Core (18 units)

Economics (Micro and Macro Economics) (ECON 101)
Accounting II (BA 99.2)
Business Law I (Obligations and Contracts with Real Property Laws) (BA 161)
Taxation (Business and Real Estate Taxation) (BA 162)
Human Resource Management (BA 103)
Corporation Social Responsibility and Good Governance (BA 191)

Professional Courses (39 units)

PS 1 – Fundamentals of Real Estate Management
PS 2 – Real Estate Marketing and Brokerage
PS 3 – Legal Aspects of Real Estate
PS 4 – Real Estate Consulting
PS 5 – Real Estate Planning and Development
PS 6 – Real Estate Appraisal and Property Management
PS 7 – Real Estate Consulting and Investment Analysis
PS 8 – Principles of Ecology
PS 9 – Appraisal and Assessment in the Government Sector
PS 10 – Property Management System
PS 11 – Real Estate Finance
PS 12 – Ethical Standards for Real Estate Practice
PS 13 – Real Estate Economics

Suggested Electives (15 units)

Human and Physical Geography
Real Estate Brokerage
Housing and Subdivision Development
Consulting for Specific Engagements
Condominium Concept and other Specialized Development
Internet Technology in Real Estate

Practicum / Work Integrated Learning (6 units)

Practicum/Work Integrated Learning

Sample Program of Study (Minimum Units)

The following is just an example, and may be modified by the Higher Education Institutions (HEI).

First Year, First Semester
English I
Filipino I
Mathematics I
Natural Science I (Physical Science)
Social Science I (Philippine History with Politics and Government)
Management I (Principles of Management)
Computer I (MS Office Applications) [note: this wasn’t listed above]
PE (2 units)
NSTP (3 units)
Total – 26 units

First Year, Second Semester
English II
Filipino II
Mathematics II (Statistics)
Natural Science II (Environment and Green Building Technology)
Marketing I (Principles of Marketing)
Computer II (MS Project)
PE (2 units)
NSTP (3 units)
Total – 23 units

This looks like a killer load for the freshman year.

Second Year, First Semester
Accounting I (Fundamentals of Accounting)
Social Science II (Introduction to Economics with Land Reform and Taxation)
Philippine Literature
English III (Business Communication)
Humanities I (Introduction to Philosophy with Logic and Critical Thinking)
Finance (Basic Finance)
PS 1 – Fundamentals of Real Estate Management
PE (2 units)
Total – 23 units

Second Year, Second Semester
Accounting II
Micro and Macro Economics
Social Science III (Society and Culture with Family Planning)
Management II (Human Behavior in Organization)
Life and Works of Rizal
Corporate Responsibility and Good Governance
PE (2 units)
Total – 20 units

At this rate, I wonder if BS REM should be 5-year course, rather than a 4-year course. We’re talking about 164 units here. Okay, how about a 4.5 year course?

Third Year, First Semester
Humanities II (Art, Man and Society)
Social Science IV (General Psychology)
Business and Real Estate Taxation
PS 2 – Real Estate Marketing and Brokerage
Business Law I (Obligations and Contracts with Real Property Laws)
Human Resource Management
PS 13 – Real Estate Economics
Total – 21 units

Third Year, Second Semester
PS 3 – Legal Aspects of Real Estate
PS 4 – Fundamentals of Real Estate Consulting
PS 5 – Real Estate Planning and Development
PS 6 – Real Estate Appraisal and Property Management
PS 7 – Real Estate Consulting and Investment Analysis
Elective I
Total – 18 units

Fourth Year, First Semester
PS 8 – Principles of Ecology
PS 9 – Appraisal and Assessment in the Government Sector
PS 10 – Property Management System
PS 11 – Real Estate Finance
Elective 2
Elective 3
Total – 18 units

Fourth Year, Second Semester
PS 12 – Ethical Standards for Real Estate Practice
Elective 4
Elective 5
Practicum/Work Integrated Learning (6 units)
Total – 9 units

Perhaps the Practicum should be done in the summer. That way, you won’t need to overload students in their first two years. Also, with ethics in the last semester, you may need units in Theology during the first year. Anyway, it’s just a suggestion.

I wonder how many high school graduates will want to enroll or get a degree in Bachelor of Science in Real Estate Management (BS REM). Given the cyclical nature of the real estate industry, will young people want to invest 4 years of their lives, so that they make take and pass the Real Estate Brokers’ Licensure Examinations of the PRC and become licensed real estate brokers in the Philippines?

Let’s see what happens… 🙂