Double Master's Degree University Degree in Architecture + Strategy and Real Estate Business/Real Estate
This Double Master's Degree, of 100 ECTS credit and with a duration of 15 months, allows you to study the Master in Architecture (MUA) at the same time as the Master in Real Estate Strategy and Business/Master in Real Estate (MRE), both accredited official qualifications.
With these studies, one acquires the perceptive title that qualifies for the practice of the profession of architect in Spain and, on the other hand, one obtains the specialisation in the area of Real Estate. As result, the professional profile of student is completed, making it more attractive in today's job market.
The Double Master's Degree offers a pathway to provide student with a clearly differential value, thanks to training aimed at quality professional practice, adapted to the new social, environmental and economic context and open to the international market.
development It synthesises professional knowledge around the project Final Degree that, through internships, workshops and training at business, enables students to undertake complex and collaborative projects in a changing and global environment, where management skills will allow students to undertake complex and collaborative projects.
The project Final Degree is developed from the beginning of the master's degree, in small groups, permanently advised by a personal tutor and three professors from department of Construction, Installations and Structures, reaching the level of a real executionproject .
The programme trains architects who specialise in project management and development in the real estate sector and are capable of dealing with the complexity of today's projects. To this end, training in strategic decision-making is of great importance, identifying the criteria, agents and current and future needs of the sector, in which sustainability, data analysis and ethics are of great relevance.
The goal of the specialisation, of a professional nature, is to prepare students to work internationally in the real estate sector, in the fields of development, financing and consultancy of Real Estate, Property & Valuation.
In addition to the traditional knowledge in design and technical subjects, the master's degree adds a commitment to training in business to facilitate entrepreneurship and innovation as well as leadership, social commitment and teamwork. result of all this is that you will have adequate training to meet the challenges imposed by a globalised and competitive business market.
With an eye on the immediate present and the near future, the master's degree is committed to adding to the technical and design training, knowledge of leadership and management that opens up a new horizon in the professional profile of student and which will be taught in collaboration with professors from the IESE Business School.
The subjects of business, through the case method, are combined with others specific to the architecture sector, developed by professors from School of Architecture and other professionals with a prestigious and solid professional background.
The curricular professional internships and the Master's Thesis, included in Study program, play an important role in the master's degree. Students will carry out compulsory internships in studios or companies to consolidate the knowledge and skills acquired during the classroom module. The practical training of the students acquires a special relevance with the possibility of developing the Master's Final Project in a business of the Real Estate sector, its operators and related professionals, where criteria, processes and techniques of this field are applied in their usual work. This opportunity involves the application of all the knowledge and skills acquired during the programme in a real environment, at contact with the professional reality, acquiring professional skills that facilitate their employability and foster their capacity for entrepreneurship.
As both master's programmes are official, they can be used for doctoral studies at entrance .
As this is a qualifying master's programme, you will firstly acquire the skills to be able to practice the regulated profession of architect in Spain, and then you will also receive specialised training that will enable you to correctly identify and analyse new opportunities and threats in the real estate market, gauge investment decisions and real estate financing, and carry out the economic viability of projects diligently and efficiently.
Among the possible employment opportunities are:
- Investment analysis and real estate financing
- development real estate
- Asset management
- Real estate valuations and appraisals
- Management and marketing of real estate assets
- Soil analyst
- Real estate law
- Corporate Finance
- Data analysis and real estate business
- Project management
- Research and education
Master's Degree in Architecture + Master's Degree in Real Estate Strategy and Business/Master in Real Estate
Module I: Projectual -12 ECTS credit-.
It consists of 12 ECTS credit, has a mixed character and is composed of three subjects:
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subject 1: Projects, Composition and Urban Planning
5 ECTS CREDIT
Character: Compulsory
student is introduced through teaching in specific advanced workshops in the conception, practice and development of basic and execution projects, sketches, preliminary projects and urban projects. Including the drafting and management of urban plans at any scale. In both cases, the elaboration of functional programmes for buildings and urban spaces will be incorporated. As well as the conservation, restoration, rehabilitation of the built heritage and the development of architectural and urban criticism.
Competences and contents of subject 1 [PDF 83k] [PDF 83k].
subject: Workshop on projects, composition and urban planning
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subject 2: Projects, Works and Services Management
4 ECTS CREDIT
Character: Compulsory
It offers students the acquisition of advanced training, of a specialised nature and multidisciplinary, oriented towards professional activity in the field of project management and construction management. The aim of goal is to provide a methodology for the conception and management of architectural and town planning projects, both as a whole and in each of its parts, taking into account theoretical, project and practical aspects.
The student is introduced to the resolution of the complexity of current projects, with the integration of the technical developments, carried out or subcontracted, that make the unity and coherence of the project possible. It also provides students with concepts and strategies for innovation in the project process and for the provision of professional services.
Competences and contents of subject 2 [PDF 87k] [PDF 87k].
subject: Project, works and services management
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subject 3: Design Practices
3 ECTS CREDIT
Character: External Practices
As this is a professionally-oriented degree, the acquisition of competences linked to the professional development is ensured through activities of development of architectural projects (sketches, preliminary projects, basic and execution projects) or urban projects, carried out in architectural studios and/or companies in the sector that develop projects, both new construction and conservation, rehabilitation and restoration of the built heritage. For this reason, this module includes an external internship subject with a load of 3 ECTS credit (75 hours) that will be articulated in accordance with Royal Decree 592/2014 regulating external internships for university students. The content of these internships will allow student to acquire skills in composition, projects, urban planning, restoration, rehabilitation and works management.
The placement will be monitored and evaluated by a tutor of the business or institution and by an academic tutor of the university.
Competences and contents of subject 3 [PDF 84k] [PDF 84k].
subject: Design practices
Module II: Technical -8 ECTS credit-.
It consists of 8 ECTS credit, has a mixed character and is composed of two subjects:
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subject 1: Construction, Installations and Structures
5 ECTS CREDIT
Character: Compulsory
Through three advanced workshops, students are introduced to the conception, calculation, design and integration, in buildings and urban complexes, of Structures singular building, interior enclosure systems and finishes, as well as advanced systems for exterior enclosures, roofs and façades, as well as innovative installations for water supply and drainage, heating and air conditioning.
Competences and contents of subject 1 [PDF 82k] [PDF 82k].
subject: Workshop for construction, installations and Structures
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subject 2: Technical Practices
3 ECTS CREDIT
Character: External Practices
As this is a professionally-oriented degree, the acquisition of competences linked to the professional development is ensured through technical project development activities, carried out in architectural studios and/or companies in the sector that develop architecture and urban planning projects. For this reason, this module includes an external work placement subject with a load of 3 ECTS credit (75 hours) that will be articulated in accordance with Royal Decree 592/2014 regulating external work placements for university students. The content of these internships will allow student to acquire skills in the technical aspects of project: Structures, construction and installations.
The placement will be monitored and evaluated by a tutor of the business or institution and by an academic tutor of the university.
Competences and contents of subject 2 [PDF 80k] [PDF 80k].
subject: Technical internships
Module III: business -10 ECTS credit-.
It consists of 10 ECTS credit, is compulsory and is made up of two subjects:
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subject 1: business
6,5 ECTS CREDIT
Character: Compulsory
It provides student with the knowledge of business so that, in the future, it will be able to run and manage an architectural firm and/or a business of services related to Architecture and Urban Planning. From general issues of business to other aspects such as business analysis, accounting, finance, risk assessment and business strategy.
Competences and contents of subject 1 [PDF 82k] [PDF 82k].
Subjects:
- Finance (4,5 ECTS credit)
- Strategy (2 ECTS credit)
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subject 2: Human Factor
3,5 ECTS CREDIT
Character: Compulsory
student is introduced to the management models and systems for managing people within organisations. The student acquires the necessary knowledge to develop their professional activity in collaboration with other professionals, from the effectiveness of the teamwork, leadership qualities, the improvement of negotiation skills with the rest of the agents, to the ethical reflections of their activity.
The knowledge and competences of the module of business (specific competences CE16 to CE21 not regulated by the Order EDU/2075/2010) will be acquired mainly through the study of practical cases with a specific methodology that will include an individual preparation of the case and a subsequent analysis and discussion in common that will conclude with a discussion in class directed by the teacher.
Competences and contents of subject 2 [PDF 81k].
subject: Human factor
Module IV: project Final Degree -30 ECTS credit-.
It consists of 30 ECTS credit, is taken by all students, is a TFM and is made up of a single subject:
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subject 1: project Final Year
30 ECTS CREDIT
Character: Master's Thesis
An original project is prepared, presented and defended individually, before a university examining board that must include at least one professional of recognised prestige proposed by the professional organisations. The exercise will consist of an integral architectural project of a professional nature in which all the competences acquired in the degree course are synthesised, developed to the point of demonstrating sufficiency to determine the complete execution of the building works on which it is based, in compliance with the applicable technical regulations and management assistant .
essay The project Final Project provides student with the instruments for the technical execution and management assistant of the building and aims to be an exercise in synthesis of the skills and knowledge acquired during the training process and a general integration of all the subjects studied for the practice of the profession of architect.
Through project End of Degree the student acquires fundamental competences for their professional career, such as the ability to develop a project for the execution of a complete building with sufficient definition for it to be built, and the ability to draw up the necessary documentation (report, specifications, plans and budget) to carry it out.
Each student is assigned a tutor within the academic staff of the project Final Degree, which provides complementary academic support, supervises their internships as tutor intern and accompanies them throughout the entire development of the master's degree.
The project Final Degree is an annual programme, but it is structured in two parts differentiated by semesters: in the first semester (September to December) the student develops the sketch, with a dedication equivalent to 6 ECTS credit; in the second semester (January to June), the dedication increases by another 24 ECTS credit as the basic project and the project of execution are developed.
Competences and contents of subject 1 [PDF 81k] [PDF 81k].
subject: project End of Degree
Module I: business and Management -14 ECTS credit-.*
It consists of 14 ECTS credit, is compulsory and is made up of three subjects:
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subject 1: business
6,5 ECTS CREDIT
Character: Compulsory
This subject offers the student knowledge to direct and manage projects and companies in the field of architecture and urban planning. With this training you should be able to understand the impact of managerial, commercial, productive and organisational decisions on the resources, profits, liquidity and value creation of business and be able to properly analyse new investment projects.
Subjects:
- Finance (4,5 ECTS credit)
- Strategy (2 ECTS credit)
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subject 2: Human Factor
3,5 ECTS CREDIT
Character: Compulsory
student is introduced to the management models and systems for managing people within organisations. The student acquires the necessary knowledge to develop their professional activity in collaboration with other people and teams; leadership qualities, improved negotiation skills with the rest of the agents involved in building or urban planning, and ethical reflections on their activity.
The knowledge and competences of the module of business (specific competences CE16 to CE21 not regulated by the Order EDU/2075/2010) will be acquired mainly through the study of practical cases with a specific methodology that will include an individual preparation of the case and a subsequent analysis and discussion in common that will conclude with a discussion in class directed by the teacher.
subject: Human factor
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subject 3: Projects, Works and Services Management
4 ECTS CREDIT
Character: Compulsory
The subject addresses the definition of functional programmes (both building and urban). In addition, it identifies and defines the most relevant contextual features: location, regulatory framework , actors involved, etc. The student receives relevant information for the realisation of a professional project : on standards and conventions for the presentation of documentation, its specifications and criteria and application techniques in projects, works and services. It also provides guidelines for integrated project management, paying attention to the management and coordination of all the agents involved in the different phases, as well as the planning of time and the necessary human and monetary resources.
subject: Project, works and services management
*Module common to both master's degrees
Module II: Economics and Finance -12 ECTS credit-.
It consists of 12 ECTS credit, is compulsory and is made up of three subjects:
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subject 1: Real Estate Market Analysis
4 ECTS CREDIT
Character: Compulsory
This subject is based on the study and knowledge of the economic variables of the real estate market, linked to the use of innovative tools for the analysis of the real estate market from an urban and international perspective. It is based on the study of urban growth in metropolitan areas, their trends, problems and opportunities, in order to infer the implications they have for real estate demand.
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subject 2: Commercial Real Estate Investments
4 ECTS CREDIT
Character: Compulsory
This subject serves to provide students with a competent theoretical and practical knowledge of the main investment vehicles, tools and processes linked to commercial real estate. In particular, the investment side of Real Estate will be analysed, with a special focus on its value in economic and mathematical core topic . That is, the measurement of the return on investment, the micro DCF and NPV analysis, the discount fees or the behaviour of the cash flow. In addition, the subject addresses the implications of financial leverage in real estate, alternative sources of resources (both financial and non-financial) are exposed, after-tax investments are analysed and knowledge is given on the capital structure of real estate investment in RE.
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subject 3: Real Estate Finance
4 ECTS CREDIT
Character: Compulsory
The subject "Real Estate: Finance" provides the student with practical knowledge on the financing of residential and commercial real estate, taken in a broad sense, which are two areas closely interrelated with RE decision making. To do so, the financing of both types of property will be analysed from different perspectives, including agents, policy, regulatory context or the mortgage market, among others.
Module III: development and Management -12 ECTS credit-.
It consists of 12 ECTS credit, is compulsory and is made up of three subjects:
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subject 1: Real Estate Development
4 ECTS CREDIT
Character: Compulsory
The goal pursued by this subject is to prepare the student to be competent in the field of real estate management and to get to know this professional world by assimilating the implementation of the essential operations in the process of development of real estate products.
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subject 2: Property and Strategic Management
5 ECTS CREDIT
Character: Compulsory
This subject delves into the knowledge and governance of the Structures and corporate strategies of Real Estate, as well as the negotiation and management of real estate and other assets.
For this reason, corporate strategies, the different functions and organisations that act and manage corporate Departments in the Real Estate sector will be studied. Linked to this knowledge, the student will practice decision-making on corporate strategies, with a national and international vision, within the real estate sector.
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subject 3: Real Estate Law
3 ECTS CREDIT
Character: Compulsory
This subject allows the student to have knowledge of those aspects of urban law and Administrative Law that affect and are linked to the Real Estate sector, both nationally and internationally. An important aspect is the applied knowledge of planning, rules and regulations and urban management instruments, but also of administrative procedures.
Module IV: development and Management -6 ECTS credit-.
It consists of 6 ECTS credit, is compulsory and is made up of two subjects:
2 ECTS CREDIT
Character: Compulsory
This subject complements the other subjects in the programme and addresses, from a macroeconomic perspective, the social and environmental challenges of the sector as a differential factor in decisions, in such a way that quantitative criteria coexist with urban, social and sustainable criteria.
The student will identify the challenges of 21st century society and how Real Estate, from its field, should contribute to the search for solutions.
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subject 2: Ethics
4 ECTS CREDIT
Character: Compulsory
This subject enables student to incorporate ethics into decision making, both at the individual and organisational level.
To this end, the necessary anthropological instructions will be provided in order to get to know the human person and its implications, both in the personal development of student and to get to know the people around them: clients, colleagues, etc.
It will also address the social responsibility of organisations, the policies that articulate ethics within companies and their integration with regulatory compliance.
Case studies will provide student with the opportunity to discuss the most common problems in the field of organisations in general and Real Estate in particular.
Module V: Internships -6 ECTS credit-.*
It consists of 6 ECTS credit, is compulsory and is composed of a subject:
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subject 1: Internships
6 ECTS CREDIT
Character: Compulsory
Compulsory internships in national and international collaborating entities and companies, managed by the university itself, which may also be the destination of these internships. Through this subject, the student will enter contact directly with the business dynamics and the development of specific projects, integrating the knowledge and skills acquired in the rest of the training programme.
*Module common to both master's degrees
Module VI: Master's Thesis -10 ECTS credit-.
It consists of 10 ECTS credit, is compulsory and is made up of two subjects:
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subject 1: Business & Data Analysis
4 ECTS CREDIT
Character: Compulsory
This subject is a complementary training that refers to "Big Data" and is a set of additional skills that are indispensable for any professional in the sector today, such as the ability to collect, analyse and present data, as well as to know how to use it for evidence-based business decision-making.
Due to the importance it has acquired in the design and management of real estate projects, it is essential to be trained in the quantitative analysis of operations, in the capture and modelling of data, as well as in the management and visualisation of this data.
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subject 2: TFM
6 ECTS CREDIT
Character: Compulsory
development of a project in which the knowledge, skills and competences acquired are integrated and applied to a specific case to be solved. It can be constituted by the approach of a theoretical project or it can be the solution of a concrete problem or part of it within the Real Estate sector.
There is the possibility of carrying out the Master's Thesis at business in the Real Estate sector, its operators and related professionals, where the criteria, processes and techniques of this field are applied in their usual work. In this case, student will apply the knowledge acquired in the Master's modules to a specific case developed in the business, always under the academic tutoring of the programme.
With 6 compulsory ECTS credit , it includes the Master's Final Project subject and consists of the development of a project in which the knowledge, skills and competences acquired during the training process are integrated and applied to a specific topic .
The amount of the enrollment includes:
- Academic, teaching and Materials teaching expenses.
- Visits to institutions, companies and studios related to teaching and the profession.
- Programme coordination and administrative costs.
- Hospitalisation and accident insurance in Spain during teaching and internship periods.
- Complementary activities: openings, receptions, conferences, events, cocktail parties, etc.