Master of Business Administration in Real Estate Management

Program Overview

Master of Business Administration in Real Estate Management

Overview of Master of Business Administration in Real Estate Management

The Real Estate industry is a multi-million rand sector which requires professionals who are well-trained and knowledgeable to meet the housing needs of private citizens and the business community by providing office space and business premises. A wide range of legislation applies to this sector and employees/agents need to understand the relevant legislation and be able to apply it in their execution of their work. This MBA strives to equip the learners to be able to operate effectively and efficiently in the Real Estate sector.

The MBA in Real Estate Management is designed to provide those learners who are already involved in the field of Property and Real Estate. It is also for learners who wish to seek a career in this industry. The Property and Real Estate Industry is a well-established industry and thus has many learners that would benefit from qualifications aligned to career paths. This means there is a need to develop career paths in this sub-field, an industry constantly in need of skilled people.

The scope of Real Estate is changing and evolving all the time, with opportunities for learners in this arena to get involved in a wide variety of Real Estate opportunities such as real estate sales, brokerage and leasing, property management, institutional real estate investment, real estate consulting, real estate development.

The MBA in Real Estate Management is for any individual who is, or wishes to be involved in the property and real estate industry. It serves to support and advance the functioning of individuals in this industry.

A learner will be able to complete the MBA with a specialisation in Real Estate or Valuation. The core unit standards are relevant to each area of specialisation. Learners working towards this MBA will find that the acquisition of competence in the Unit Standards that make up the MBA will add value to their understanding of the sector and functioning in the workplace. This MBA is intended to enhance the provision of entry-level service within the Property and Real Estate sector. It will provide the broad knowledge, skills and values needed in the Property and Real Estate sector.

The MBA in Real Estate Management consists of building blocks that can be developed further and will lead to a more specialised learning path in Property and Real Estate. It focuses on the skills, knowledge, values and attitudes required to progress further. The intention is:

1) To promote the development of knowledge, skills and values that are required in Property and Real Estate.

2) To help learners realise their potential in the field.

3) To provide opportunities for people to progress to levels of authority and responsibility in the Real Estate sector

A real estate agent with a Professional MBA in Business will offer added insight and resources to clients when seeking property financing advice and direction.

Real estate brokerages negotiate commission percentages based upon successful sales, and expertise in the field. This degree will put the real estate professional at a distinct advantage when discussing money making potential with an employer.

MBA Degree Requirement

Applicants must have a recognized Bachelor degree in any discipline from an accredited college or university; Postgraduate Diploma or a recognized Graduate Certificate; or a recognized Diploma and 2 years work experience.

Delivery Mode

Self E-Learning (E-Courseware)

Program Learning Outcome

What is the Learning Outcome of the MBA in Real Estate Management E-Course?

  • 1) Using textual features and conventions specific to texts
  • 2) Identifying the intended audience for the communication
  • 3) Identifying the purpose of a text
  • 4) Selecting the appropriate text type, format and layout for the purpose
  • 5) Organising and structuring a technical text appropriately
  • 6) Using appropriate grammar conventions
  • 7) Drafting and editing a technical text
  • 8) Recognising errors and checking for accuracy
  • 9) Presenting the same information in different ways
  • 10) Using plain language in business
  • 11) Critique and use techniques for collecting, organising and representing data.
  • 12) Use theoretical and experimental probability to develop models, make predictions and study problems.
  • 13) Critically interrogate and use probability and statistical models in problem solving and decision making in real-world situations.
  • 14) Use mathematics to plan and control financial instruments including insurance and assurance, unit trusts, stock exchange dealings, options, futures and bonds
  • 15) Use simple and compound interest to make sense of and define a variety of situations including mortgage loans, hire purchase, present values, annuities and sinking funds
  • 16) Investigate various aspects of costs and revenue including marginal costs, marginal revenue and optimisation of profit
  • 17) Use mathematics to debate aspects of the national and global economy, including tax, productivity and the equitable distribution of resources.
  • 18) Measure, estimate, and calculate physical quantities in practical situations relevant to the adult with increasing responsibilities in life or the workplace
  • 19) Explore analyse and critique, describe and represent, interpret and justify geometrical relationships and conjectures to solve problems in two and three dimensional geometrical situations
  • 20) Use a range of reading and viewing strategies to understand the literal meaning of specific texts
  • 21) Use strategies for extracting implicit messages in texts
  • 22) Respond to selected texts in a manner appropriate to the context
  • 23) Explore and explain how language structures and features may influence a reader/viewer
  • 24) Extract meaning from a variety of literary texts
  • 25) Identify and explain features that influence response to texts
  • 26) Produce own texts in response to literary texts
  • 28) Interact successfully in oral/signed communication
  • 29) Use strategies that capture and retain the interest of an audience
  • 30) Identify and respond to manipulative use of language
  • 31) Write/sign for a specified audience and purpose
  • 32) Use language structures and features to produce coherent and cohesive texts for a wide range of contexts
  • 33) Draft own writing/signing and edit to improve clarity and correctness
  • 34) Respond critically yet sensitively as a listener/audience
  • 35) Analyse own responses to spoken/signed texts and adjust as required
  • 36) Use strategies to be an effective speaker/signer in sustained oral/signed interactions
  • 37) Evaluate spoken/signed discourse
  • 38) Critically analyse texts produced for a range of purposes, audiences and contexts
  • 39) Identify and explain the values, attitudes and assumptions in texts
  • 40) Evaluate the effects of content, language and style on readers'/viewers' responses in specific texts.
  • 41) Demonstrating knowledge of the principles of contract law relating to real estate
  • 42) Demonstrating knowledge of the specific contracts relevant to real estate transactions
  • 43) Demonstrating knowledge of legislation affecting immovable property transactions
  • 44) Demonstrating knowledge of legislation regulating the estate agent and estate agencies
  • 45) Explaining the purpose of the Financial Advisory and Intermediary Services Act (FAIS).
  • 46) Explaining the requirements for licensing under FAIS.
  • 47) Explaining the mechanisms for enforcement and the implications for the intermediary and the industry.
  • 48) Discussing the effects of requirements for transparency and the right to information on the financial services industry.
  • 49) Explaining the purpose of the various money laundering legislation.
  • 50) Explaining the requirements for accountable institutions.
  • 51) Explaining the recording function and how to report suspicious transactions.
  • 52) Demonstrating understanding the consequences of non-compliance.
  • 54) Marketing a property.
  • 55) Selling a property.
  • 56) Applying after-sales services in the sales process in a real estate context.
  • 57) Letting and hiring a property.
  • 58) Applying a working knowledge of Community Scheme legislation and its related regulations and acts.
  • 59) Describing the factors that influence the development of a code of ethics.
  • 60) Explaining the contents of the Real Estate Code of Conduct.
  • 61) Explaining the implications of the Real Estate Code of Conduct for a Real Estate organisation.
  • 62) Relating a Code of Conduct to ethical values and standards within own organisation and discussing ethical best practices.
  • 63) Applying a Real Estate Code of Conduct and ethics in own work context.
  • 64) Describing and applying self-management skills in a Real Estate environment.
  • 65) Developing an action plan for own personal development within the Real Estate Environment.
  • 66) Describing career development opportunities within Real Estate and defining own career development plan.
  • 67) Identifying the various trends in Real Estate career development and how these impact on own development plan.
  • 68) Applying the principles of budgeting to Real Estate transactions
  • 69) Making the necessary provisions for own personal financial planning in line with targets and achievable income within Real Estate context
  • 70) Demonstrating an understanding of taxation in the context of Real Estate from organisational and personal perspectives
  • 71) Applying the principles of business planning to the Real Estate function
  • 72) Describing the demographic environment affecting Real Estate
  • 73) Describing the economic environment affecting Real Estate
  • 74) Describing the legal/regulatory environments that impact on the Real Estate function
  • 75) Identifying the various stakeholders that operate within the Real Estate environment in relation to the role they fulfil
  • 76) Advising sellers and lessors on financing real estate transactions
  • 77) Advising purchasers and lessees on financing real estate transactions
  • 78) Facilitating financing and conveyancing in real estate transactions
  • 79) Demonstrate knowledge of marketing concepts applicable to a new venture.
  • 80) Analyse the product/service requirements of the target market of a new venture.
  • 81) Demonstrate an understanding of the market research process and interpretation of research findings relevant to the new venture.
  • 82) Develop a marketing plan for a new venture.
  • 83) Explaining the importance of motivating a team.
  • 84) Demonstrating an understanding of self and team members in a workplace.
  • 85) Applying theories of motivation and group dynamics.
  • 86) Implementing a plan of action to strengthen a team.
  • 87) Providing feedback and recognising achievements
  • 88) Controlling and dealing with confidential information and documents
  • 89) Controlling and evaluating ordering and distribution of office stationery
  • 90) Implementing control measures with individuals.
  • 91) Identify and assess own business ideas/opportunities for a new venture
  • 92) Analyse the viability of a selected idea/opportunity against specific screening variables
  • 93) Research the potential of a particular idea/opportunity as a new venture
  • 94) Analyse a range of risks associated with a new venture
  • 95) Evaluate new venture ideas/opportunities based on research findings.


Credit Hours

Credit Requirements

Candidates must complete all the required Modules

Module 1- Fundamental Mathematics and Business Writing

Unit 1 - Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems (6 Learning Hours)

Unit 2 - Represent analyse and calculate shape and motion in 2-and 3-dimensional space in different contexts (4 Learning Hours)

Unit 3 - Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues (6 Learning Hours)

Unit 4 - Use the writing process to compose texts required in the business environment (5 Learning Hours)

Module 2 - Fundamental Business Communication

Unit 1 - Accommodate audience and context needs in oral/signed communication (5 Learning Hours)

Unit 2 - Interpret a variety of literary texts (5 Learning Hours)

Unit 3 - Interpret and use information from texts (5 Learning Hours)

Unit 4 - Write/present/sign texts for a range of communicative contexts (5 Learning Hours)

Module 3 - Business Communication

Unit 1 - Engage in sustained oral/signed communication and evaluate spoken/signed texts (5 Learning Hours)

Unit 2 - Read/view, analyse and respond to a variety of texts (5 Learning Hours)

Unit 3 - Write/present/sign for a wide range of contexts (5 Learning Hours)

Module 4 - Real Estate Environment

Unit 1 - Advise role players on Real Estate financing options (6 Learning Hours)

Unit 2 - Apply business principles to the Real Estate function (8 Learning Hours)

Unit 3 - Demonstrate an understanding of the Real Estate environment (8 Learning Hours)

Unit 4 - Demonstrate knowledge and understanding of the legislation applicable to real estate practice (12 Learning Hours)

Module 5 - Real Estate Legislation

Unit 1 - Demonstrate knowledge and understanding of the Financial Advisory and Intermediary Services Act 2002 (FAIS) (Act 37 of 2002) as it impacts on a specific financial services sub-sector (2 Learning Hours)

Unit 2 - Explain laundering legislation and the implications for accountable institutions in transacting with clients (3 Learning Hours)

Unit 3 - Manage self-development in a Real Estate environment (8 Learning Hours)

Unit 4 - Market, sell and lease property (20 Learning Hours)

Unit 5 - Demonstrate knowledge of and apply the Real Estate Code of Conduct and ethics (6 Hours)

Module 6 - Real Estate Strategies

Unit 1 - Employ a systematic approach to achieving objectives (8 Learning Hours)

Unit 2 - Motivate and Build a Team (10 Learning Hours)

Unit 3 - Develop, implement and evaluate a marketing strategy for a new venture (10 Learning Hours)

Total Learning Hours: 157

Total Credits: 50


Potential Career Options

The MBA in Real Estate Management will facilitate access to, mobility within and progression along a learning path for learners who:

1) Were previously disadvantaged or who were unable to complete their schooling and were therefore denied access to Further Education and Training.

2) Have worked in Real Estate for many years, but have no formal Qualification in real estate or property.

3) Wish to extend their range of skills and knowledge of the industry so that they can become competent workers in the property industry.

Listed below are possible career paths and opportunities routinely available to students, which successfully complete a Master.s of Business with an emphasis in Real Estate degree. This list should serve as a guide to potential job titles, and not be considered a final list of job descriptions.

1) Real estate office area manager

2) Real estate broker

3) Property Manager

4) Real Estate Accountant

5) Real Estate Appraisal

6) Real Estate Development

Exam Information

Exams are online and proctored based, using a webcam and a reliable internet connection exams can be taken anywhere and anytime.

1) CREM-001 exam comprises of 100 questions out of which the candidate needs to score 75% (75 out of 100 correct) to pass.

1) The total duration of CREM-001 exam is 2 hours (120 Minutes)

The Certified Real Estate Manager (CREM)™ Exam is currently available via Online Mode, You will need to schedule testing appointment by sending an email to candidate.registrations@gaqm.org once you are done with the E-Course. You can schedule an exam appointment date before forty eight (48) hours.

1) If a Candidate does not pass the exam in the second (2nd) attempt, the candidate must wait for a period of at least fourteen (14) calendar days from the date of their attempt to retake the exam for third (3rd) time or any subsequent time.

2) The exam can be taken any number of times.


1) You will get credits only if you pass the exams.

2) Exams can be taken separately (one at a time) and in any sequence to earn a MBA.

3) You may retake any examination as often as necessary.

Registration Link

S.no Details Course Access Price($) Access Link
1 MBA in Real Estate Management (E-Course + Exam Voucher(s)) One (1) Year 2100 USD