PROPERTY 231 : Property Management

Business and Economics

2022 Semester Two (1225) (15 POINTS)

Course Prescription

Achieving optimum performance from property assets is a multi-faceted process involving leases, financial structures, marketing, and occupier demand. Budgeting, operational expenditures, and capital expenditures will be introduced within the property context. An understanding of health and safety issues as well as leases will be provided.

Course Overview

This course provides students with a firm understanding of property management theory and its practical application to both investors and occupiers. The focus of this course is developing students' knowledge and skills for:
  • Undertaking employment as professional property managers.
  • Understanding the role of proactive property management in relation to other property sector roles (such as property finance and valuation). 

Course Requirements

Prerequisite: 15 points from BUSINESS 102, 112, 113, PROPERTY 102

Capabilities Developed in this Course

Capability 1: Disciplinary Knowledge and Practice
Capability 2: Critical Thinking
Capability 3: Solution Seeking
Capability 4: Communication and Engagement
Capability 6: Social and Environmental Responsibilities
Graduate Profile: Bachelor of Property

Learning Outcomes

By the end of this course, students will be able to:
  1. Describe property management issues and the impact that sound property management practices can have in resolving these issues. (Capability 1 and 2)
  2. Describe and apply property management theories, principles and/or practices to case study examples. (Capability 1)
  3. Formulates and justifies solutions to property management problems. Solutions are sensitive to contextual factors. (Capability 3)
  4. Identifies prevailing sustainability practices and trends in relation to property management, and describes the impact that these practices can have on property investors and occupiers. (Capability 6)
  5. Identifies and presents real-world case studies of property management issues. (Capability 1 and 4.1)

Assessments

Assessment Type Percentage Classification
Assignments 20% Group & Individual Coursework
Engagement 20% Group & Individual Coursework
Test 20% Individual Test
Final Exam 40% Individual Examination
Assessment Type Learning Outcome Addressed
1 2 3 4 5
Assignments
Engagement
Test
Final Exam
To pass this course, the student must obtain:
  • Over the whole course, a minimum of 50% of the total marks available, and
  • A minimum mark of 45% in the final exam.

Workload Expectations

This course is a standard 15 point course and students are expected to spend 10 hours per week involved in each 15 point course that they are enrolled in.

For this course, you can expect 3 hours of lectures, 2 hours of reading and thinking about the content and 5 hours of work on assignments and/or test preparation each week.

Delivery Mode

Campus Experience

Lectures will be available as recordings. Other learning activities including case studies will be available as recordings.
The course will not include live online events.
Attendance on campus is required for the test/exam.
The activities for the course are scheduled as a standard weekly timetable.

Learning Resources

Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).

Please remember that the recording of any class on a personal device requires the permission of the instructor.

Lecture slides will be uploaded on Sunday immediately prior to the week's classes.
Required readings will be uploaded to Canvas. Additional readings and content may be uploaded from time to time.

Student Feedback

At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.

Your feedback helps teachers to improve the course and its delivery for future students.

Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.

Prior student feedback indicated these features were helpful for learning:
  • Visual (rather than text intensive) lecture slides provided for more interesting lectures.
  • Peer feedback process on practice essays in lead up to the test.
  • Nominated student note-takers for each lecture.
  • Engaging in-class discussions.
  • Lecturer from industry able to overlay real world activity.
  • Readings all draw on recent industry publications.
  • Enthusiasm and approachability of the lecturer.
Suggested improvements:
  • Students have noted challenges when working in groups (e.g. group assignments). Various aspects of the course will be adjusted to improve the group working experience for students.

Other Information

Students must be prepared to contribute to discussions during class. 
Student should take comprehensive notes to assist with revision.
Students should complete required reading prior to the relevant lectures.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.

Class Representatives

Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.

Inclusive Learning

All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.

Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz

Special Circumstances

If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.

If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.

This should be done as soon as possible and no later than seven days after the affected test or exam date.

Learning Continuity

In the event of an unexpected disruption, we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and course assessment continues to meet the principles of the University’s assessment policy. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator/director, and if disruption occurs you should refer to the university website for information about how to proceed.

Student Charter and Responsibilities

The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.

Disclaimer

Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.

In this course students may be asked to submit coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.

Published on 05/11/2021 08:41 p.m.