Master of Land Valuation and Management

Master of Land Valuation and Management

Program Description

The Master of Land Valuation and Management (MLVM) program is designed to address the need for high quality valuation education that will be accessible to professional land valuers and property managers, most of who are working in banks, private appraisal companies and public assessor’s offices in regional, provincial and municipal governments. The program also caters to those with no background in land valuation and management but wish to enter the profession.

The program hopes to develop in the sector a perspective of land valuation and management for sustainable development. Aside from being equipped to render globally competitive professional services governed by international standards of practice, graduates will have the ability to conceptualize, plan and conduct research that will contribute to the advancement of the study and practice of land valuation and management.

The Diploma in Land Valuation and Management (DLVM) program and the Masters in Land Valuation and Management (MLVM) are ladderized programs. That is, graduates of the DLVM may continue on to the MLVM program. MLVM students will have an additional year to complete a thesis as well as additional courses.

Program Goals

The program aims to:

Develop professional valuers and property managers whose standards of practice and service shall be globally competitive and will promote the growth of the real estate industry.
Develop professional valuers and property managers who thoroughly understand the land valuation and management sector’s potential and actual contribution to sustainable development, and are motivated to contribute to bridging this gap.
Contribute to the land valuation and management body of knowledge by encouraging research in this field.

Admission Requirements

To be admitted into MLVM program, an applicant must have a DLVM degree and an average of 2.0 or better in the DLVM courses.

If an applicant’s average in the DLVM courses is lower than 2.0, the applicant must take and pass the qualifying exam, which will cover all DLVM courses.

Mode of Instruction

Courses are delivered on a semestral basis using various technologies where appropriate. The virtual classrooms run in MyPortal, the learning management system of the UPOU. This is where class announcements are made, course materials uploaded, discussions held and assignments uploaded.

Courses

The DLVM program and the MLVM program are ladderized programs. A student must first complete the DLVM program and earn the DLVM degree before applying for admission to the MLVM program. The DLVM degree can be completed in two years of part-time study while the MLVM degree can be completed with an additional year of part-time study.

The DLVM program consists of the following courses, each worth three units of credit:

Course Code	Course Title	Course Description	Number of Units
LVM201	Concepts and Processes of Land Valuation	Concepts, nature, practice and process of land valuation	3 units
LVM202	Development Controls and Construction	Elements of the built environment that influence property values.	3 units
LVM203	Land Laws and Planning for Development	Contemporary land and real property laws, public administration and institutional systems related to land use planning and regulation.	3 units
LVM204	Statutory Valuation	Elements of government valuation, including property taxation and assessment, national and local taxation on property transfers, compulsory acquisition and disposition, and code of ethics.	3 units
LVM205	Advanced Land Valuation	Principles of valuation of complex properties and concepts of property value, market analysis, valuation of investment properties, development properties, specialized properties, and non-market based properties.	3 units
LVM206	Land Asset Management	Functions, roles and responsibilities of those involved in property asset management within physical, economic, legal and financial constraints.	3 units
LVM207	Agricultural Valuation	Valuation of agricultural properties with emphasis on their productivity.	3 units
LVM208	Mass Appraisal	Valuation of multiple properties including statistical analysis of results and the use of computer-assisted mass appraisal system	3 units

Students who complete the DLVM program with an average of at least 2.0 or pass the comprehensive exam may continue on to the MLVM program, which consists of the following courses:

Course Code	Course Title	Course Description	Number of Units
LVM209	Land Investment	Introduction to the land investment process	3 units
LVM210	Real Estate in a Portfolio Context	Analysis, development and management of real estate portfolios	3 units
LVM300	Thesis	Completion and defense of a thesis in the domain of land valuation and management	6 units