|Semester 2, 2020 Online|
|Short Description:||Property Ownership Management|
|Faculty or Section :||Faculty of Business, Education, Law and Arts|
|School or Department :||School of Management and Enterprise|
|Student contribution band :||Band 3|
|ASCED code :||080399 - Business Mgt not classified|
|Grading basis :||Graded|
|Version produced :||27 February 2020|
Examiner: Jon Whitty
Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at http://www.usq.edu.au/current-students/support/computing/hardware.
Property ownership represents a significant component of the Australian economy, and the property industry employs a large proportion of the nation's workforce, directly or indirectly. Property ownership covers the public sector as well as the private sector including commercial, retail, industrial, residential, and tourism. The reasons and objectives for property ownership will vary widely and will influence the way in which property is acquired, funded, held and managed. Property ownership involves many other industries such as real estate agencies, property managers, construction and maintenance, legal practitioners, professional consultants, tenants, landlords, financial institutions, investors, stockbrokers, and an understanding of the role of these parties is critical to an understanding of property ownership.
This course examines the underlying principles of property ownership and the major reasons for investment in what is a volatile sector of the market.
The course is structured to provide a broad overview of the financial and economic implications of property ownership and asset management, and is not designed to provide a high level of economic skills. The course does not require any prior study of economics, but does require students to develop basic spreadsheet skills in carrying out financial cash flow analyses.
On successful completion of this course students should be able to:
- demonstrate mastery of theoretical knowledge of and reflect critically on theory and professional practice in sustainable property ownership;
- investigate, analyse, synthesise and apply complex information, problems, concepts and theories to ownership of small to medium-sized property investments;
- demonstrate technical, communication and research skills to undertake property acquisition and ownership processes, and to select and use tools appropriate to the nature and scale of the investment;
- communicate effectively to justify theoretical propositions, methodologies, conclusions and professional decisions to relevant audiences.
|1.||The nature of property investment||10.00|
|2.||Analysis of property investment performance||30.00|
|3.||Issues of property ownership||30.00|
|4.||Management of property ownership stakeholders||30.00|
Text and materials required to be purchased or accessed
ALL textbooks and materials available to be purchased can be sourced from USQ's Online Bookshop (unless otherwise stated). (https://omnia.usq.edu.au/textbooks/?year=2020&sem=02&subject1=MGT8072)
Please contact us for alternative purchase options from USQ Bookshop. (https://omnia.usq.edu.au/info/contact/)
Student workload expectations
|Description||Marks out of||Wtg (%)||Due Date||Notes|
|ASSIGNMENT 1||100||30||10 Aug 2020||(see note 1)|
|ASSIGNMENT 2||100||70||23 Oct 2020||(see note 2)|
- Assignment 1 requires students to select an appropriate project for analysis and undertake a small case study report. The same project can be used for assignments 1 and 2.
- Assignment 2 is a major project-based case study and requires students to obtain sufficient information on a project of their choice to carry out a critical analysis of nominated aspects of that project. Students should choose a project as early as possible after reading the requirements of assignment 2. The same project can be used for assignments 1 and 2.
Important assessment information
There are no attendance requirements for this course. However, it is the students' responsibility to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.
Requirements for students to complete each assessment item satisfactorily:
To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks. (Depending upon the requirements in Statement 4 below, students may not have to satisfactorily complete each assessment item to receive a passing grade in this course.)
Penalties for late submission of required work:
Students should refer to the Assessment Procedure http://policy.usq.edu.au/documents.php?id=14749PL (point 4.2.4)
Requirements for student to be awarded a passing grade in the course:
To be assured of receiving a passing grade a student must achieve at least 50% of the total weighted marks available for the course.
Method used to combine assessment results to attain final grade:
The final grades for students will be assigned on the basis of the weighted aggregate of the marks obtained for each of the summative assessment items in the course.
There is no examination in this course.
Examination period when Deferred/Supplementary examinations will be held:
University Student Policies:
Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene University policies and practices. These policies can be found at http://policy.usq.edu.au.
Referencing in assignments:
Harvard (AGPS) is the referencing system required in this course. Students should use Harvard (AGPS) style in their assignments to format details of the information sources they have cited in their work. The Harvard (AGPS) style to be used is defined by the USQ Library's referencing guide at http://www.usq.edu.au/library/referencing.