Construction and Real Estate Management
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DepartmentFaculty of Civil Engineering
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Program code6121EX069
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Field of studyCivil Engineering
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Duration1
Fun fact
It is construction and real estate professionals who transform ambitious visions into reality and shape them into future legends. Every project is different — fast-paced, challenging, and exciting — making this career path one of the most dynamic in today’s world.
Behind every landmark building lies a success story that begins at the construction site.
About
Programme Objective
This programme trains versatile professionals who combine creativity with strategic thinking. As a student, you’ll learn how to plan, design, organize, and manage both construction and real estate development projects, responding to the ever-changing demands of the industry.
Graduates aren’t just builders — they’re innovators and leaders who know how to:
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organize and manage construction projects
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estimate costs, set deadlines, and supervise construction
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and even sell, maintain, and manage real estate.
You’ll graduate prepared to lead at every stage of a project — from the first blueprint to the long-term management of property.
Main Study Modules
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Construction Process Technology
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Building Construction Technology
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Construction Economics
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Construction Organization
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Construction Project Management
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Real Estate Development and Valuation
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What will I be able to do?
• Organize and manage construction processes from planning to completion
• Lead projects, choose innovative technologies, and optimize resources
• Evaluate and apply technical documentation and solutions with confidence
• Use modern tools and technologies for construction and real estate management
• Plan real estate development projects, manage finances and investments, manage facilities, and shape company strategies. -
What are my career opportunities?
• Construction management, site supervision, or project leadership in real estate development and management companies
• Engineering roles in construction supervision companies and public institutions
• Specialist positions in project development, consulting, facility management companies, or real estate departments of construction companies
• Entrepreneurship — starting and growing your own business in the construction or real estate market.
Study subjects
1 Semester
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STVNB24602 6 credits
Buildings Modernization Technology and Energy Assessment
Study subject aim
To acquire knowledge about modernization, repair and reconstruction of buildings, energy efficiency of buildings, ability to apply knowledge in practical activities.
Study subject description
This course introduces students to the implementation of the modernisation process and the elements of a modernisation investment plan, as well as the assessment of the energy performance of a building. Topics covered include the concept of building repair and reconstruction, energy efficiency solutions for building retrofitting, building repair and reconstruction techniques for retrofitting. The subject develops competent communication and cooperation with the participants in the building modernisation process, analysis and comparison of alternative solutions, justification of the rationality of the decision taken.
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STVNB24603 6 credits
Construction and Real Estate Finance and Investments (with Course Work)
Study subject aim
The aim of the subject is to enable students to properly select the types of construction and real estate investments, to comprehensively solve investment tasks according to financial and economic evaluation methods, to critically evaluate the results of financial investment activities.
Study subject description
The study subject introduces the theory and practice of construction and real estate investment. The concept of investments and types of investments are presented. The capital investment decision-making process, capital structure decisions, construction and real estate investment financing methods and sources are examined. Financial and economic methods of evaluating investment efficiency are presented and applied. The main types of investment in real estate and the features of these investments, investment strategies are introduced. Practical tasks of investment evaluation are solved.
Theoretical lectures are compulsory for full-time undergraduate students in Years 1-3. Students are required to attend more than half of the lectures each semester. -
STVNB24601 6 credits
Construction Organizing (with Course Work)
Study subject aim
To provide knowledge about effective construction organization and management, develop the ability to apply gained knowledge in daily professional activities.
Study subject description
Students acquire knowledge about effective construction organization and management, the influence of technical progress on construction management, legal regulation of construction, principles of technological documentation, the organization of construction design, the principles of calendar and network scheduling, the method of streamline construction, the specialization and consistency of construction works, drawing up project of construction organization, engineering site preparation, supplying construction with resources, construction mechanization and management. Detailed solutions on efficient preparation of construction site and safety assurance of workers assessed. In the context of efficient construction organization solutions, the general principles of project planning, construction quality management and the basics of the organization of construction companies and their work planning are discussed.
Theoretical lectures are compulsory for full-time undergraduate students in Years 1-3. Students are required to attend more than half of the lectures each semester. -
FMMMB24301 6 credits
Probability Theory and Mathematical Statistics
Study subject aim
To introduce basics of probability theory and mathematical statistics, to train a student to use obtained knowledge for solving of real world problems.
Study subject description
The basic probability theory concepts and theorems. The distribution functions of random variables and numerical characteristics. The problems of mathematical statistics. Empirical characteristics. The point and interval estimates of unknown parameters. Statistical hypothesis testing, elements of correlation theory, regression.
Students must attend at least 60% of the time scheduled practical works, 80% of the time scheduled laboratory works (full-time studies and part-time, distance learning studies) and 50% of the lectures (only full-time studies).
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STVNB24803 3 credits
Real Estate Development and Valuation
Study subject aim
The aim of the module is to introduce the students with the principles of real estate development- the process, players and various phases, provide with intellectual and practical skills for developing real estate development projects.
Study subject description
The module introduces and acquaints students with the real estate development industry – the process, players and various phases. Module content: real estate development process, developers and their partners, real estate finance, ideas, planning and analysis: public roles and market perspective, negotiation and formal commitment, construction, completion, opening, management, marketing and sales.
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STVNB24604 3 credits
Basics of Facilities Management
Study subject aim
The purpose of the subject is to acquaint students with the importance and benefits of the facilities management subject and relate it to the specifics and needs of the facilities management sector, to provide thinking and practical work skills for the subject.
Study subject description
The study subject introduces students with the goals and tasks of facilities management, the planning process, and facilities management activities of maintenance and service organizations, principles of building operation organization in European countries and new technologies and concepts in the field of facilities management. A project-based learning method is used to develop practical skills. Students, working in groups, perform tasks, present the completed works to each other and evaluate them.
2 Semester
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STGSB24173 6 credits
Material Science and Construction Materials
Study subject aim
Introduce students to products manufactured for building construction, introduce them to their structure, production principles and properties, as well as an understanding of the main methods used to study products and the ability to apply these products in construction according to their purpose.
Study subject description
Loads of various purpose products are used in building construction, each of them made from different raw materials using specific manufacturing processes. Produced products are characterized by unique properties. These properties are determined using standardized and reliable methods. Considering all of this: product properties, purpose, end-user’s expectations, building materials are used for various purpose building construction and good health creation. Obtained knowledge and skills will help to not get lost in the vastness of available information and make reliable decisions when working in the building industry. Students must attend all of the time scheduled laboratory work. If the student completed at least 80 percent of the laboratory work during the semester, he is given the opportunity to complete the remaining laboratory work (one lab work – once). Theoretical lectures are compulsory for full-time undergraduate students in Years 1-3. Students are required to attend more than half of the lectures each semester.
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STVNB24502 6 credits
Building Construction Technology (with Course Work)
Study subject aim
Providing information on construction technology and developing skills of practical application of the acquired knowledge.
Study subject description
During lectures the following topics are analysed: rational ways of design of construction technology of a building, engineering development of a building place, construction principles of building foundation. Students are introduced to construction of underground and semi-underground buildings, brick and prefab construction technology, ways and technologies of monolithic construction, ways and technologies of prefab monolithic construction, industrial construction, technology of broad-nave buildings.
Theoretical lectures are compulsory for full-time undergraduate students in Years 1-3. Students are required to attend more than half of the lectures each semester. -
STVNB24501 6 credits
Construction Economics
Study subject aim
The aim of the course – to introduce the students to the theory and analysis methods of construction economics, and to provide the analytical and practical work skills necessary to analyze the construction projects from an economic point of view.
Study subject description
The course introduces construction economics in the context of macro- and microenvironment. It includes topics on the characteristics of the construction sector, the significance of construction in the national economic system, construction projects’ influencing factors, construction market features, demand and supply, pricing and construction financing methods, international construction development trends, and construction economics in the context of sustainable development. The theory and methodology of the subject are mastered during lectures, by studying professional literature and interactive sources, discussions, and solving practical tasks. Special and general skills are developed during students’ homework, which includes the generation of ideas for construction projects, selection of a plot of land and a building project, cost estimates of construction, and calculation of the selling price and profit.
Theoretical lectures are compulsory for full-time undergraduate students in Years 1-3. Students are required to attend more than half of the lectures each semester. -
STVNB24802 6 credits
Fundamentals of Strategic Management and Marketing in Construction Companies (with Course Work)
Study subject aim
The aim of the course is to introduce strategic management and marketing as a field of management, importance and value, and to relate this to the specific demands and constraints of the construction sector, provide students with knowledge and understanding of the subject.
Study subject description
The module defines strategic management and marketing in the context and coverage of the construction sector. Introduces strategic management and marketing, need for a strategy in construction, strategic analysis of external and internal environment, marketing and promotional strategies in construction, alternatives of strategic decisions, decision making, planning and implementation, managing strategic change. The group project takes the form of a strategic and marketing management plan of a construction company.
Theoretical lectures are compulsory for full-time undergraduate students in Years 1-3. Students are required to attend more than half of the lectures each semester. -
STGGB24205 3 credits
Reinforced Concrete and Masonry Structures
Study subject aim
Provide knowledge about the design methods of reinforced concrete and masonry structures, to develop design skills in structural members and engineering expertise.
Study subject description
Physical-mechanical properties of concrete, reinforcement, masonry; prestressed concrete members; carrying capacity and stiffness of flexural, compressed, tensioned reinforced concrete and masonry members.
Students are required to complete all scheduled laboratory work. -
STMEB24251 3 credits
Steel and Timber Structures
Study subject aim
To develop an advanced understanding and knowledge of the behaviour and design of steel and timber structures and their connection systems.
Study subject description
Capacity to of knowledge about the steel and wood as a building material, timber and steel in construction, limit state design, steel and timber joints, types of connections, steel and timber construction, frames, arches, trusses, domes, their types and calculations.
Students are required to complete all the laboratory activities scheduled.
Theoretical lectures are compulsory for full-time undergraduate students in Years 1-3. Students are required to attend more than half of the lectures each semester.