
MSc in Real Estate Investment
London, United Kingdom
DURATION
12 Months
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Sep 2025
TUITION FEES
GBP 28,200 *
STUDY FORMAT
On-Campus
* for international students | UK/Home students: GBP 27,000
Introduction
The postgraduate degree in Real Estate Investment is your gateway to a successful career across the multidisciplinary real estate profession or the broader investment and finance environment. Choose this course if you’re looking for roles and a career in real estate investment strategy, capital markets and fund management, real estate finance but also in all areas of real estate including professional services.
Whether you are a graduate with the equivalent of a UK upper second-class degree, seeking to advance your real estate career, or just starting out, you already have an interest in real estate and are eager to develop the strong analytical and practical skills highly sought after in the real estate profession.
Why choose this course?
- Focus on investment strategy, finance, fund management, risk analysis, financial modelling
- Connect with professionals and employers from London’s thriving real estate industry via seminars, events, guest speakers and the Bayes Real Estate Club
- Comprehensive academic learning for innovative thinking ready to apply in the industry
- Accredited by The Royal Institution of Chartered Surveyors (RICS) and recognised by the Investment Property Forum, enabling graduates to enter the RICS Assessment of Professional Competence (APC) qualification.
Accreditation details
The Royal Institution of Chartered Surveyors (RICS) accredits the course, enabling graduates to enter the RICS Assessment of Professional Competence (APC).
The Investment Property Forum (IPF) in the UK recognises the programme as a gateway to the real estate investment field. The successful completion of the programme provides fast-track membership, providing that the candidate has two years of relevant professional experience. As a student in the programme, you can take the IPF Student membership for free for the duration of your studies to access IPF’s extensive seminar programme, research reports and the online Resource Library.
Career Opportunities
Graduates from this course may follow the same path as those from the MSc in Real Estate but will be better qualified for real estate analyst roles in investment strategy, financing, and research. The MSc in Real Estate Investment offers a clear route for entry to the Investment Property Forum in the UK. Recent employers include Aventos, Crescendo Group, Bricksave and Savills OCM.
Recent graduates have secured positions including:
- Investment Analyst
- International Capital Markets Analyst
- Real Estate Structured Finance Analyst
- Credit Analyst
- Graduate Surveyor
- Assistant Manager of Research
- Development Trainee
- Deal Advisory Trainee
- Assistant Site Manager
Our MSc Real Estate Investment students have dedicated career sessions featuring guest speakers, often alumni, covering various industry topics. Past sessions have included discussions on industry recruitment, the impact of AI on real estate, and real estate in emerging markets, along with employer talks.
Students also had the opportunity to attend finance industry overviews by a leading provider and an annual real estate investment panel, offering insights into the diverse career paths taken by our alumni.
Additionally, students can engage with industry professionals through our annual careers fair and corporate events, which include workshops, company presentations, and industry talks.
Dedicated to your success
From the moment you accept your offer, you'll have access to our dedicated Postgraduate Careers Service, tailored to support your career journey.
Our Career Accelerator module, launched over the summer, provides early access to valuable resources, employer insights, and career planning tools to prepare you for the job market.
Our expert Postgraduate Careers Team, made up of experienced recruiters and career coaches offers personalised one-to-one guidance, covering everything from networking and CV building to job offer management and mock interviews.
Whether you’re pursuing a new career path, seeking an entry-level role, or launching your own business, you'll receive support to develop the skills and knowledge needed to succeed.
You'll also benefit from exclusive events such as Careers Fairs, panel discussions, and networking opportunities with industry professionals and alumni, helping you explore career options and make valuable connections.
Workshops led by our Careers Team and industry experts cover essential professional skills, including presentation techniques, personal branding, and assessment centre success, ensuring you stand out in the job market.
Additionally, Bayes Careers Online (BCO) offers career planning tools, guidance leaflets, access to job postings directly from employers and key career events, helping you stay on track with your career goals.
You’ll be supported on your way by our careers team and benefit from the connections we offer with business and industry.
Program Outcome
Course objectives
The Bayes MSc in Real Estate Investment prepares you for the complexities of real estate investment and finance, as well as other areas in the real estate field. The programme is designed to provide you with the academic rigour and analytical skills needed to critically evaluate market conditions, assess risks, and make well-informed investment decisions.
You’ll learn at a fast pace. Before the programme begins, we help enhance your foundational quantitative and numeracy skills through pre-study materials, exercises, and Excel training.
The programme starts with core skills such as valuation, financial modelling, development appraisal, the principles of financial markets, the economic environment and real estate, analysis both of core and alternative real estate sectors, and statistical applications to real estate and forecasting.
You’ll then take on advanced methods in financial modelling, portfolio construction and diversification and debt finance and investment. You'll also explore investment markets such as Real Estate Investment Trusts, unlisted property funds, and securitised debt, as well as emerging investment forms. You will also receive training on practical investment decision-making supported by an array of guest speakers from the industry.
Practical skills are a key focus of the programme. You will receive hands-on training in analytical techniques and practical tools for investment through our extensive computer lab sessions, where you will practice Excel, ARGUS and other software and also apply new technologies like Python for real estate data analysis.
Your competencies will be further strengthened through training and access to key real estate databases, as well as Business School resources, including major financial and business databases.
Group work and a focus on presentations will enhance your teamwork, communication, and presentation skills.
Admissions
Curriculum
Overall, the MSc Real Estate Investment can be described as a real estate degree with a strong foundation in investment and finance principles.
The topics and methods you study are relevant to all real estate businesses, including mainstream employers like chartered surveyors, while your training in investment and finance broadens your career options. However, the programme does not limit you to any specific type of firm or role.
In Term 1, you build a foundation in the core skills of a real estate professional. You will learn basic appraisal methods for valuation, development, and investment financing, as well as financial modelling.
Additionally, you will take an applied statistics module that focuses on using statistics for investment analysis and market forecasting. This knowledge is broadened through modules on economics and market analysis, along with an investment markets module that covers financial markets and includes alternative real estate markets.
Term 2 focuses on applying these core skills and principles in greater depth. You will explore financial instruments and techniques for analysing securitised equity and debt markets, the private debt market, portfolio risk, property futures, and emerging forms of real estate investment such as tokenisation.
In the Real Estate Equity Analysis module, you will examine different forms of indirect real estate investment, including REITs and property funds (core, opportunistic, and value-add). The Debt Finance and Investment module covers mortgage lending, risk analysis for lenders, IRR calculation in the event of default, mezzanine finance, mortgage-backed securities, and fund performance analysis when debt is utilised.
The Portfolio and Asset Allocation module addresses the role of real estate in investment portfolios and the composition of assets within real estate portfolios. This module also involves practical applications using real estate databases and performance data.
In Applied Financial Analysis, you will further develop your analytical skills and acquire advanced tools to address real-world issues in real estate investment and risk analysis. Topics include fair value assessments in real estate, risk-adjustment metrics, waterfall structures, industry forecast assessments, and training in ARGUS and Python.
The practical knowledge gained in Term 2 is further enriched by dedicated lab sessions and guest lectures from industry professionals.
In Term 3, you can choose two options; a general research project or research methods; each with a blend of electives.
Programme content is subject to change. We regularly review our module offering and amend to keep up-to-date and relevant.
Induction weeks
All of our MSc courses start with two compulsory induction weeks which include relevant refresher courses, an introduction to the careers services and the annual careers fair.
Term 1
- Investment Markets
- Applied Statistics
- Appraisal and Financial Modelling
- Economics and Market Analysis
Term 2
- Portfolios and Asset Allocation
- Real Estate Equity Analysis
- Applied Financial Analysis
- Debt Finance and Investments
Term 3
You may choose from the following options in your final term.
Route 1:
BBM110 General Research Project, plus three 10-credit electives
Route 2:
Six 10-credit electives, including BBM109 Career Management Skills and Research Methods
- General Research Project
Term 3 Electives
In term three, you also pick a set of three elective topics from around six modules specific to real estate plus a range run by other Bayes Masters programmes – some of them taught on trips to locations outside the UK. So you can focus on:
- Added core real estate topics such as sustainability in real estate, residential investment, international real estate markets, and building management.
- Alternatively, choose broader modules in investment, finance, and management, taught by experts from other Bayes programmes.
Electives
- International Real Estate Markets
- Ethics, Society and the Financial Sector
- Project Finance and Infrastructure Investment
- Hedge Funds
- Mergers & Acquisitions
- Family Business
- Residential Investment
- Real Estate Fund Management
- Sustainability in Real Estate
- Investment Strategy.
International electives
- International Real Estate Markets (taught in Dubai, UAE)
- Project Finance and Infrastructure Investment (taught in Madrid, Spain).
Please note that electives are subject to change and availability.
Program Tuition Fee
Program Admission Requirements
Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam – the most widely used exam for admissions that measures your critical thinking and reasoning skills.
Download the GMAT mini quiz to get a flavour of the questions you’ll find in the exam.