Professional Real Estate Option Full-time Diploma 630udiplt

BCIT Professional Real Estate Diploma

Note: The September 2014 intake is now closed for new applications. Applications for advanced placement and readmission may be submitted. Applications for September 2015 will be accepted starting November 1st, 2014 (or next business day).

Please check our list of programs that may have space available or access our program database for a complete list of BCIT programs.
The BCIT Professional Real Estate diploma program prepares students to enter the world of commercial, residential, or recreational real estate as a budding entrepreneur or an integral part of a corporate team. You will gain insight into developing income producing real estate properties, mortgage financing strategies, and real estate asset management. Graduates work around the globe on numerous real estate projects including: major shopping centres, hotel resorts, planned residential communities, mixed-use high rise developments, and sustainable land development.

BCIT Professional Real Estate students learn to:
  • Assess the viability of new real estate projects
  • Make sound real estate investments
  • Interpret real estate market trends
  • Appraise property values
  • Apply tenant, strata management, and mortgage law
BCIT PROFESSIONAL REAL ESTATE DIPLOMA
BCIT Credential: BCIT Diploma
Program Length: 2 years, Full-time
Program Start: September
Number of Courses: 28 courses, 115.5 credits
Total Tuition/Cost: Learn about Tuition & Fees
Business Consulting Project: 16 weeks, 1 day a week
1st Year Entry: View Requirements
Advanced Placement: View Requirements
Laddering Options: Bachelor of Business
Administration BBA Degree

Business Consulting Project

Professional Real Estate students undertake a 16 week Business Consulting Project in their final term. Students work in groups of 2-3 and spend one day a week developing a solution to a real business problem for a company. The student teams collect and analyze data, create recommendations, and present their findings to company management.

Professional Real Estate Jobs & Careers

Graduates of the Professional Real Estate diploma program have a strong foundation in property valuation, mortgage financing, and real estate planning that will lead to exciting careers in the real estate industry.

Entry-Level Positions:
  • Real Estate Agent
  • Property Value Appraiser
  • Real Estate Analyst
  • Real Estate Sales Coordinator
Mid-Level Positions:
  • Residential Property Manager
  • Land Development Manager
  • Real Estate Project Manager
  • Commercial Property Manager

Program Entry

Admission for the Real Estate Program has more applications than available seats. Begin the application process early to increase your opportunities for acceptance.

As a sincere applicant, you can book a private meeting with the Program Head, Bill Phillips.

Entrance requirements

This program is open to applications beginning November 1st*. Applicants must meet all entrance requirements and will be accepted on a first qualified basis as long as space remains.

*or next business day

Note: This program does not accept applications from International students. View BCIT programs that do.

Transfer credit

Transfer credit may be granted for courses completed at BCIT or another post-secondary institution where the learning outcomes duplicate those of the BCIT course. As per Admission Procedure 5003-PR1, the department reserves the right to determine the granting of credit where appropriate.

Applications will be accepted up to day 14 of the term; an official transcript and a course outline where appropriate must be provided (or be on file with BCIT) to process the request. A maximum of two courses per level are eligible for credit through this process.

Advanced Placement

Entry into the middle of the first year or the start of the second year may be possible. When applying for advanced placement, you must submit the Course-by-Course Self-Assessment form [PDF] with your online application.

View the Advanced Placement section for details.

Recommended for success

  • Applicants are urged to attend an information session offered throughout the year. These are free of charge and are open to all to attend. Registration is requested, but not required.

  • It is strongly recommended that you assess your fundamental mathematical skills. The Mathematics Self-Diagnostic Test [PDF] is voluntary. If you find these problems difficult, we strongly recommend that you attend OPMT 0199. You should be able to do this exercise in about an hour, after which you should compare your answers with the correct ones supplied. If you scored less than 20 out of 26 correct, you should seriously consider upgrading your mathematical skills.

Apply to program

The September 2014 intake is now closed for new applications. Applications for advanced placement and readmission may be submitted.

The next intake will begin accepting applications on November 1, 2014 (or next business day).

Note: This program does not accept applications from International students. View BCIT programs that do.

The two-year Marketing Management Diploma program shares a common first year of core business subjects. The second year of the program focuses on specific fields of marketing expertise.

Candidates who wish to apply to the Professional Real Estate option must declare this option/specialization at the time of application.

BCIT accepts only complete applications. In order to apply:

  • Include proof of meeting all entrance requirements prior to submission
  • Convert all transcripts and supporting documents to PDF files
  • Have a credit card ready to pay the application fee
Apply Now

You can check the status of your application online at any time using the Student Information System.

Scheduled intakes

September each year.

myCommunication

Within 3 weeks of applying to a program, you will be sent a letter in the mail confirming receipt of your application. The letter will identify your student number, BCIT e-mail address and instructions on how to login to your myBCIT account.

All official BCIT correspondence will be sent to your myBCIT account. Check myCommunication often during the application process and throughout your studies at BCIT.

You can expect to receive communication concerning the status of your application within 4 weeks.

Costs & Supplies

Tuition fees

Please see the Fees, Payments and Refunds section of the website for more information on full-time tuition fees.

Books and supplies

Level 1: $775; Level 2: $500; Level 3: $700; Level 4: $600
(General estimated cost, and subject to change)

Additional Expenses

Graduating year field trips and research: $200.

Financial assistance

Financial assistance may be available for this program. For more information, please contact Student Financial Aid and Awards.

Courses

Program matrix

Level 1 (15 weeks)
Credits
  BLAW 3100 Business Law 4.0
  BSYS 1000 Business Information Systems 3.0
  COMM 1100 Business Communication 1 3.0
  ECON 2100 Microeconomics 3.0
  MKTG 1102 Essentials of Marketing 3.0
  OPMT 1110 Business Mathematics 4.0
  ORGB 1100 Organizational Behaviour 3.0
 
Level 2 (20 weeks) Credits
  BSYS 2070 Business Information Systems 2 for MKTG* 2.0
  BUSA 2100 Principles of Management* 2.0
  COMM 2200 Business Communication 2 4.0
  ECON 2200 Macroeconomics 4.0
  FMGT 2152 Accounting for Management 5.5
  MKTG 2202 Introduction to Marketing Communications 4.0
  MKTG 2243 Sales Skills 4.0
  OPMT 1130 Business Statistics 5.5
* denotes a half-term course
 
Level 3 (15 weeks) Credits
  MKTG 3309 Marketing Research 4.0
  MKTG 3311 Real Estate Principles 1 4.0
  MKTG 3312 Economics of Real Estate Markets 4.0
  MKTG 3313 Introduction to Real Estate Finance 4.0
  MKTG 3333 Building a Sustainable Real Estate Business 4.0
  MKTG 3334 Advanced Sales and Negotiation 4.0
 
Level 4 (20 weeks) Credits
  MKTG 4335 Real Estate Practice 6.5
  MKTG 4411 Real Estate Law and Principles 2 5.5
  MKTG 4412 Introduction to Real Estate Evaluation and Investment Analysis 5.5
  MKTG 4413 Mortgage Finance 5.5
  MKTG 4414 Real Property Asset Management 2.5
  MKTG 4418 Business Consulting Projects 8.0
  MKTG 4431 Internet Marketing Applications 4.0
 
Total Credits: 115.5

Transfer credit

Do you have credits from another BC/Yukon post-secondary school? Do you want to know if they transfer to courses here at BCIT? Check out BCIT's Transfer Equivalency Database to find out.

Program Details

Program length

Two years, full-time

Grading

Continuation in the Marketing Management Program Year 2

In order to be eligible to continue into the second year of the marketing management program a student must have successfully completed all required first year courses or equivalencies.

  1. At the end of first year students failing: MKTG 2202, MKTG 2243 and/or any 3 or more courses not in Marketing, will not be allowed to proceed in the program. If students wish to re-enter the program they must complete the outstanding courses and re-apply to the program.

  2. At the end of the first year of the program, students having failed one course not in Marketing may continue in the program. Their program option will be held if the failed course is successfully completed at BCIT, 10 days prior to the next term start up. If they are completing the courses at another institution then the students must provide proof of registration for the outstanding course no later than 60 calendar days prior to the term start date. An official transcript with the final grade must also be submitted before acceptance into the program option is granted.

  3. Students having failed two courses not in Marketing may continue in the program but their program option seat will not be held. If the failed courses are successfully completed at BCIT before term start up, the student can re-apply to their preferred option. If completing the courses at another institution students must provide proof of registration for the outstanding course(s) no later than 60 calendar days prior to the term start date. An official transcript with the final grade(s) must also be submitted before acceptance into the program option is granted.

Students required to reapply for a program option seat in the Marketing Management Program will be competing for a limited number of seats available and are not guaranteed their first option choice.

Accreditation

The Professional Real Estate option of the Marketing Management program affords students the opportunity to obtain professional accreditation with both the British Columbia and Canadian professional real estate bodies upon completion of their licensing and industry experience requirements.

Upon successful graduation in BCIT's School of Business Professional Real Estate Program, graduates are eligible to write professional licensing examinations in British Columbia, apply for membership in Canadian real estate boards and associations, apply for membership in the Urban Development Institute, the Real Estate Institute, Building and Office Management Association, the Appraisal Institute, and many other pivotal real estate professional organizations.

Program location

Burnaby Campus
3700 Willingdon Avenue
Burnaby, BC

Continue your education

Degree Completion

Marketing Management graduates can obtain transfer credit toward Business degree programs at a number of universities both within and outside the province. As well, graduates may pursue degree completion through BCIT's Bachelor of Business Administration program.

Graduating & Jobs

Student Testimonials

"I just recently got hired on full-time with Anthem as the Sales Coordinator for The Rockwoods project! It changed my work ethic and shaped me into who I am today. Without the hard push, I probably wouldn't stand a chance with a company like Anthem."
~ Gary Gill

Additional Accreditation

The Professional Real Estate option of the Marketing Management program allows students the opportunity to obtain professional accreditation with both the British Columbia and Canadian professional real estate bodies upon completion of their licensing and industry experience requirements.

The Professional Real Estate Program enables graduates to seek employment in the full spectrum of the real estate industry across the globe. Geographically, our graduates are working in Vietnam, Hawaii, Whistler, Calgary, Las Vegas, Mexico, Toronto, Atlanta, Montreal, Edmonton, Victoria, and of course Vancouver.

Real Estate grads have found employment in residential development, industrial sales, office leasing, recreational land, land development, marketing resort properties, lending or the government.

Here are a few of the companies that have employed BCIT Real Estate grads:

  • 5th Avenue Project Marketing
  • Avison Young
  • BC Assessment Authority
  • BCBC [BC Buildings Corporation]
  • Bentall
  • Bosa Developments
  • Cadillac Fairview
  • Citifund
  • City of Edmonton
  • Colliers International
  • Corbel Commercial 
  • Cushman Wakefield
  • Dexter Properties
  • Fraser Surrey Docks  
  • Instafund Financial
  • Intracorp
  • Ivanhoe Cambridge
  • LandQuest Realty
  • MacDonald Realty
  • McDonald's Restaurants [Canada]
  • Mosaic Homes
  • NKF Devencore
  • Orange National Retail Group 
  • Polygon Homes
  • Prudential Sussex
  • RBC
  • ReMax Dawson Creek 
  • Royal LePage Brookside
  • Royal LePage Wolstencroft
  • Sitings
  • Sothebys Premier Canadian Properties
  • Springbank Developments
  • Sutton Group City Center
  • Trilogy Properties
  • Wallmark Homes
  • Whistler Real Estate Company

Graduate employment outcomes

The following link takes you to graduate outcome survey results containing mostly labour market results from the 2011-2013 BCIT Outcomes Surveys of 2010-2012 Graduates.
Note: The survey results will be displayed in a separate browser window. To view these results, you need to have the Adobe Acrobat Reader installed in your Web browser.

Advanced Placement

Do you have a degree, diploma, or completed a substantial amount of post-secondary courses? You may qualify for advanced placement into the Marketing Management - Professional Real Estate program. Students that qualify for advanced placement can enter the program in the middle of first year or the beginning of the second year depending on the number of transfer credits received.

Acceptance into advanced placement is dependent on a number of factors including: seat availability, course transfer credits, and the number of applications received. Most applicants are required to complete additional course work before entering their desired program. Early application is strongly recommended.

Entry into the middle of Year 1 (January)

  • Application process opens on February 1st

Entry into the start of Year 2 (September)

  • Application process opens on November 15th

When applying for advanced placement, you must submit the Course-by-Course Self-Assessment form [PDF] with your online application.

For more information about eligibility requirements and the application process, please download the Marketing Management - Professional Real Estate Advanced Placement Guide [PDF].

Graduate Certificate in Business Administration

The BCIT Graduate Certificate in Business Administration is also a viable option for students that have completed a bachelor’s degree. This is an eight month full-time program that leads into a number of international MBA programs.

Business Consulting Project

A BCIT Business Consulting Project provides second year Professional Real Estate students the opportunity to work over a 16 week period with an organization to conduct extensive market research and prepare a marketing plan or business plan. Students work in a team of two or three to identify potential opportunities, conduct research, and recommend effective solutions. Students complete a comprehensive written report and present an oral presentation to the sponsoring organization outlining the student team’s marketing recommendations and solutions.

Business Consulting Projects are different from traditional co-op and internship programs. Students are not assigned to actual positions, but rather fill a consulting role for businesses and organizations. Each project has a BCIT faculty member that serves as an advisor for the student consulting team. Exit surveys from participating companies show that the completed strategic business solutions have a value that far surpassed their expectations.

View a complete list of past Business Consulting Projects students have completed in a wide variety of industries.

Faculty, Advisors & Staff

The core Professional Real Estate Program courses are taught by Bill Phillips and Alfred Marchi, who bring over 70 years of practical experience in the Canadian real estate industry to the classroom every day. Bill, a graduate of BCIT and Queens University, and Alfred, a UBC graduate, create a real-life learning environment that has proven to be one of the most demanding in the BCIT School of Business. Active in the Canadian real estate industry on a daily basis, Bill and Alfred create a challenging learning platform from which each Program graduate can be well-prepared to enter and contribute to this dynamic, demanding multi-billion dollar business field.

Advisory committee

  • Dixon Chow, Capital West Mortgage
  • Stephanie Corcoran, Re/Max Real Estate Services
  • Michelle Corday, Marco Properties
  • Stephen Duyvewaardt, SDM Realty Advisors
  • Robert Fawcett, Real Estate Council of British Columbia
  • Pat Kelly, The Whistler Real Estate Company Ltd.
  • Kirk Kuester, Colliers International  
  • Rudy Nielsen, NIHO Land & Cattle Company
  • Tracie McTavish, Rennie Project Marketing Systems 
  • Daryl Simpson, Bosa Properties
  • Bruce Weston, Pencor Capital
  • Hendrik Zessel, Cushman Wakefield

Contact Us

Bill Phillips,
Program Head, 
Professional Real Estate
604-451-6762

Questions or comments?

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The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Freedom of Information and Protection of Privacy.

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