Information on studying
In terms of value, land, including real estate, represents the largest share of the national wealth of the Federal Republic of Germany. The Master's degree program Real Estate Valuation conveys the latest research and methods in real estate valuation. It enables students to critically classify scientific findings and to independently prepare expert opinions and consulting services in the field of Real Estate Evaluation. The focus is on developing a high level of problem-solving competence and social skills.
The normal program length is four semesters. It includes a practical module lasting a total of 12 weeks, as well as examinations and the Master's thesis.
Study objectives
The overall aim of the Master's degree program in Real Estate Valuation is to train experts in the field of real estate valuation. This involves not only theory- and research-based training, but also application-oriented training of real estate valuers who are able to think and act independently, methodically and analytically, as well as with an economic and technical orientation.
The study objectives are in detail
- to prepare students for a qualified professional activity,
- to enable students to recognize and independently solve known and new problems of all levels of difficulty in valuation,
- offer students the opportunity to make targeted contact with potential employers through compulsory work placements. Experience to date has shown that this facilitates a targeted, successful professional career,
- providing graduates with the professional, methodological and social skills that are essential for academic work in the field of Real Estate Evaluation and in professional practice,
- to have provided graduates with the key qualifications for a constantly changing professional field and to enable graduates to engage in lifelong learning and teamwork,
- lay the foundation for a doctorate.
Modules in the degree program
The degree program has a modular structure. A module is a content-related teaching and learning section that must be completed through assessed work or other verifiable coursework. In addition to the compulsory modules, elective modules with a certain number of credits must be completed. The individual modules and credits are described in the module description handbook.
Property valuation I
(comparative value, asset value, capitalized earnings value)
Property Valuation II
(Special property-specific property characteristics, International Real Estate Evaluation, Credits in special urban development law)
Property Valuation III
(Market Analysis, Credit Valuation, Agriculture Valuation)
Building law
(land register law, public property law, private property law)
Construction analysis and construction documentation
(Construction calculation basics/construction survey and materials science, structural damage analysis and construction documentation)
Engineering specialization/ Valuation I
(assignment)
Engineering specialization/ Valuation II
(assignment)
Practical seminar on expert activities/ appraisals I
Practical seminar on expert activities/ appraisals II
Mathematics/statistics
(actuarial mathematics, business mathematics/statistics)
Technical building equipment and energy efficiency
Real estate project development
(spatial planning, market and location analysis/project management, building theory)
Appraisal law
(judicial and extrajudicial practice, rental and lease values)
Foreign language for Real Estate Evaluators
(English or French)
Practical studies I
Practical studies II
Elective modules (branch A)
Basic modules for Bachelor's graduates in Business Administration, Real Estate, Business Law or comparable degree programs (2 WPM, 10 credits)
- Construction Engineering (A I)
- Service and area management (A II)
- freely selectable module from other master's degree programs in coordination with the Degree Program Advisor (A III)
Elective modules (branch B)
Basic modules for Bachelor's graduates in Architecture, Facility Management, Civil Engineering, Surveying or comparable degree programs (2 WPM, 10 credits)
- Public-Private Partnership (B I)
- Seminar on Banking, Insurance and Economic Supervision (B II)
- Management and business start-ups (B III)
- freely selectable module from other master's degree programs in coordination with the Degree Program Advisor (B IV)
Study plan and curriculum
15 weeks - lectures, practical courses, labs, excursions
3 examination weeks
30 credits
Property valuation I
- Comparative value
- Material value
- Income value
Building law
- Land register law
- Public property law
- Private property law
Construction analysis and documentation
- Structural engineering calculation principles/building survey
- Materials science, structural damage analysis and construction documentation
Mathematics/statistics
Elective modules branch A or branch B
15 weeks - lectures, practical courses, labs, excursions
3 examination weeks
30 credits
Property Valuation II
- Special property-specific property characteristics
- International Real Estate Evaluation
- Credits in special urban development law
Engineering specialization/ Valuation I
Practical seminar on expert activities/ appraisals I
Technical building equipment and energy efficiency
Foreign language for Real Estate Evaluators
- English or French
Practical professional studies I
15 weeks - lectures, practical courses, labs, excursions
3 examination weeks
30 credits
Property Valuation III
- Market analysis
- Credit valuation
- Agriculture Taxation
Engineering specialization/ Valuation II
Practical seminar on expert activities/ appraisals II
Real estate project development
- Spatial planning
- Building theory
- Market and location analysis/project management
Expert witness law
- Judicial and extrajudicial practice
- Rental and lease values
Practical professional studies II
20 weeks Master's thesis and colloquium
30 credits
Master's thesis
Master colloquium
