Professional Real Estate Option Full-time Diploma of Technology 630udiplt

BCIT Professional Real Estate Diploma

BCIT's School of Business Professional Real Estate Program is recognized in all of Canada for both its focus and intensity on learning and application of practice-driven skills. With an emphasis on real estate industry application, the student's learning is founded on business strategy, law, financing, market forecasting, investment analysis, contractual documentation, leadership, teamwork, negotiation, and real property asset management.

The Program

In their first year, students concentrate on developing a solid understanding of core business concepts including integrated marketing and communications for global and local markets, computer skills and Internet marketing basics, business communications, technical sales, economics, business math, and accounting practices.

In the second year of the program, students focus on their specific fields of Professional Real Estate. Combined with additional core competencies such as business law, computer applications, marketing research, and marketing planning, BCIT Marketing Management grads have the benefit of a solid general business foundation, layered with an intensive program specialization.

Upon completion of the two-year full-time program, students are fully prepared to enter the world of commercial, residential, or recreational real estate as a budding entrepreneur or an integral part of a corporate team.

BCIT PROFESSIONAL REAL ESTATE DIPLOMA
BCIT Credential: BCIT Diploma of Technology
Program Length: 2 years, Full-time
Program Start: September
Number of Courses: 28 courses, 114.5 credits
Total Tuition/Cost: Learn about Tuition & Fees
Industry Consulting Project: 16 weeks, 1 day a week
1st Year Entry: View Requirements
Advanced Placement: View Requirements
Laddering Options: Bachelor of Business
Administration BBA

Program Entry

Admission for the Real Estate Program is competitive with 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 interview with the Program Head, Bill Phillips.

Once your application is complete, we will let you know our decision within 14 days.

Entrance requirements

Admission into the Marketing Management program is highly competitive. BCIT does not accept applicants on a first come, first served basis and meeting the minimum entrance requirements does not guarantee acceptance. BCIT reserves the right to accept those candidates it deems most likely to be successful. Minimum entrance requirements are:

Check for acceptable equivalents or upgrading courses taught at BCIT.

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. To register, or for further information, please call the Information Session line at 604-451-6735, or e-mail inforeg@bcit.ca.

It is strongly recommended that you assess your fundamental mathematical skills. The Mathematics Self-Diagnostic Test below 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.

Note: The following full-time business programs are accepting applications from students with a (C) in Math 11:

Advanced Placement

Entry into the middle of the first year or the start of the second year may be possible. View the Advanced Placement section for details.

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.

BC provincial exams

Provincial exam marks are required for English 12, Communications 12, and Technical and Professional Communications 12. BCIT does not require applicants to write provincial exams for Grade 12 Math and Science courses.

Apply to program

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.

Submit an application: online or by mail [PDF].

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

Scheduled intakes

September each year.

Application processing

October 1* of the previous year until the program fills.

Applications are considered for a specific intake.

*Or next business day

The process is competitive and space is limited. When more eligible students apply than there is space available, BCIT reserves the right to select those students considered to have the best chance for success in the program.

myCommunication

Within 2 to 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 2 to 8 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
  BSYS 1000 Business Information Systems 1 3.0
  COMM 1100 Business Communication 1 3.0
  ECON 2100 Microeconomics 3.0
  FMGT 1100 Accounting 1 4.0
  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 2100 Accounting 2 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 2309 Marketing Research 1 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
  BLAW 3500 Law for Real Estate Marketing 5.5
  MKTG 4335 Real Estate Practice 6.5
  MKTG 4411 Real Estate 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 Directed Studies 5.5
 
Total Credits: 114.5

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

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

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 2009-2011 BCIT Outcomes Surveys of 2008-2010 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 October 1st

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

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

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