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• To produce a broadly educated graduate prepared for a career in the property industry;
• To equip students with an understanding of the legalities, principles, and processes required in order that they can fill a professional role as valuer, real estate agent, business agent, stock and station agent, auctioneer, property manager or a number of these;
•  To develop an appreciation of a professional ethic which emphasises responsibility and responsiveness to community needs.

The course satisfies the educational requirements for licensing as real estate, business, stock and station and strata management agents, on-site residential property manager, and registration as a valuer.

PROFESSIONAL MEMBERSHIP

Upon graduation, students may be eligible to apply for membership of a number of relevant professional bodies.

Students should note that the Faculty's regulations regarding approved practical experience as set out apply to the award of its degrees, and are different from, and may not meet, the practical experience requirements demanded by the professional bodies as a condition of membership.

Students should bear in mind their future professional intentions when satisfying the practical experience requirements for their degree. Although reference should be made to specific organisations, a guide to the requirements of the various bodies for admission to full membership is as follows:

Australian Institute of Valuers and Land Economists (AIVLE)

Student membership is actively sought by the Institute, and students are encouraged to join the various study groups, details of which are available from the Registrar.

The requirements for Associate Membership include:

Under the provisions of the Valuers Registration Act, valuers are required to be registered. Full details can be obtained from the Property Services Council (Department of Fair Trading).

Real Estate Institute of NSW (REI)

The REI is the main professional body for real estate agency practice. Student membership is available and encouraged. Amongst other things, membership entitles the student to receive the REI journal and participate in any of their Chapters, such as: Property Management, Commercial and Industrial, and Valuation.

Royal Insitution of Chartered Surveyors (RICS)

The Bachelor of Land Economics degree is accredited as meeting all the academic requirements for full corporate membership of RICS. Upon completion of the degree students may apply to the RICS to undertake their practical experience requirements which comprise a further two years of supervised and approved experience in industry. The RICS conduct an Assessment of Professional Competence at the end of this period.