COURSE UNIT TITLE

Offered By

BUSINESS ADMINISTRATION

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR EFE ÇAĞLAR ÇAĞLI

Offered to

BUSINESS ADMINISTRATION

Course Objective

The aim of this course is to give the students an understanding of all aspects of real estate including types of real estate, mortgage markets, real estate investment trusts (REITs), real estate valuation techniques. The students will gain insights in the application of these techniques through a group project, completing a full appraisal of a real estate property.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

FIN 2002 - BUSINESS FINANCE

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

1. Ling, David and Archer, Wayne (2010) Real Estate Principles: A Value Approach, 3rd edition, McGraw Hill

Planned Learning Activities and Teaching Methods

1. Lectures
2. Presentations

Assessment Methods

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will describe the difference between real estate and other financial assets.
2. The learner will recognize real estate, real property, residential and commercial properties.
3. The learner will explain mortgage calculations for residential and commercial properties
4. The learner will identify real estate appraisal techniques
5. The learner will describe sales valuation approach
6. The learner will describe cost valuation approach
7. The learner will describe income valuation approach
8. The learner will explain real estate investment trusts
9. The learner will describe the drivers of financial crisis in real estate markets.

Language of Instruction

English

Course Policies and Rules

1. It is obligatory to attend at least 70% of the classes.
2. Plagiarism of any kind will result in disciplinary steps being taken.

Contact Details for the Lecturer(s)

berna.kirkulak@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes