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Area/Catalogue
MGMT 3002

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Course Level
Undergraduate

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Offered Externally
Yes

Note: This offering may or may not be scheduled in every study period. Please refer to the timetable for further details.

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Course ID
007961

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Unit Value
4.5

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University-wide elective course
No

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Timetable/s
First Semester
(Study Period 2)
Course owner

Course owner
School of Commerce

Course aim

To provide students with the knowledge necessary to undertake valuations of properties in accordance with specific statutory requirements.

Course content

Valuations for rating and taxing purposes including rating and taxing value bases, legal definitions and case law, valuation principles and practice, valuation method and ratio studies; compulsory acquisition including statutory requirements, compensation principles and practice, reinstatement, value of land taken, special value to owner, severance, injurious affection, disturbance, solatium, easements and goodwill; insurance valuations including basis of settlement, contract options, limit of liability, valuation methods, principles and practice; valuations for financial reporting purposes including accounting standards, fair value, valuation methods, principles and practice and expert witnesses.

Textbook(s)

Nil

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number Course Name
ECON 2013 Property Economics
COML 2003 Fundamentals of Property Law

Corequisite(s)

Nil

Teaching method

Component Duration
INTERNAL, CITY WEST
Preparatory 1 x 1 week
Lecture 1.5 hours x 10 weeks
Tutorial 1.5 hours x 10 weeks
EXTERNAL, CITY WEST, ONLINE
External N/A x 10 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.


Assessment

Task Length Weighting Duration
INTERNAL, CITY WEST
Continuous assessment N/A 20% N/A
Case study 1800 words 30% N/A
Examination N/A 50% 3 hours
EXTERNAL, CITY WEST, ONLINE
Continuous assessment N/A 20% N/A
Case study 1800 words 30% N/A
Examination N/A 50% 3 hours

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
How to determine your Commonwealth Supported course fee. (Opens new window)

Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the Division offering the course. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation

Course Coordinators

Degrees this course is offered in

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