2022/3, Trimester 3, FACE-TO-FACE, Edinburgh Napier University
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| Occurrence: | 001 |
| Primary mode of delivery: | FACE-TO-FACE |
| Location of delivery: | MERCHISTON |
| Partner: | Edinburgh Napier University |
| Member of staff responsible for delivering module: | Cletus Moobela |
| Module Organiser: | |
| Learning, Teaching and Assessment (LTA) Approach: |
This shall comprise a lecture of up to 2 hours with a linked 1-hour tutorial / seminar held twice per day over a consecutive five day period. The face-to-face teaching delivered in the block teaching week shall be supported by independent guided study and underpinned with work-based learning and completing the assessments specified for the module (Weeks 3-15).You will be encouraged to develop a critical understanding of property as an asset class. The returns available from property investments will be examined and the methodology for assessing these returns. The contemporary growth explicit model of valuation will be evaluated and you will obtain a comprehensive knowledge of the methods available including long and short form discounted cash flow. You will be encouraged to develop a critical understanding of specialist property valuation techniques and a technical knowledge of their application. Alongside specialist properties, there are applied valuation techniques. You should also have knowledge of the differing principles underlying statutory valuations in relation to compulsory purchase and compensation and to rating (commercial properties). You will also examine further the regulatory requirements of the RICS and the different bases of valuation. The tutorials will be used to expand upon the lecture material and to undertake valuations using the appropriate methods.
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The provision of formative feedback is a key component of the LTA approach underpinning this module. Formative feedback opportunities are built into each tutorial where you will be encouraged to engage with and reflect upon module themes via a series of different learning tasks. These provide opportunities for the module tutor to help with your understanding and interpretation of module topics. This formative feedback is delivered in class time in response to student contributions both individually and collectively. Formative feedback arises via the discussion and analysis of tutorial questions, practical examples/cases and associated reflection on a range of learning tasks.
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The coursework is a portfolio of assessment tasks and is designed to evaluate (part 1 - the student's understanding of property investment, the application of contemporary appraisal technique applicable to property valuation and the regulatory framework for such valuations: the outcome will be a professional valuation report and analysis and part 2 - a task designed to demonstrate knowledge of the differing bases of valuation, the requirements for statutory valuations and their application: the outcome will be a report and applied valuations. The coursework task will let the student demonstrate their knowledge of Learning Outcomes 1-6.
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| Student Activity (Notional Equivalent Study Hours (NESH)) |
| Mode of activity | Learning & Teaching Activity | NESH (Study Hours) |
| Face To Face | Lecture | 24 |
| Face To Face | Tutorial | 12 |
| Other | Work based learning | 66 |
| Independent Learning | Guided independent study | 98 |
| Total Study Hours | 200 |
| Expected Total Study Hours for Module | 200 |
| Assessment |
| Type of Assessment | Weighting % | LOs covered | Week due | Length in Hours/Words |
| Report | 100 | 1-6 | 12 | HOURS= 00.00, WORDS= 3000 |
| Component 1 subtotal: | 100 | |
| Component 2 subtotal: | 0 | | | |
| Module subtotal: | 100 | | | |