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PDF version of Construction Economics and Management MSc

Contact details

Bartlett Graduate Faculty Clerk

Email: bartlett.pgclerk@ucl.ac.uk

Tel: +44 (0)20 3108 9004/9018

Fees and funding

UK/EU 2013/14:

£10,500 (FT)

Overseas 2013/14:

£19,000 (FT)

Part-time students are charged pro-rata to the number of credits taken in any one year based on the full-time fees applicable in that year.

Typically a student completing in the minimum two-year period will pay one-third of the full-time fees applicable in the first year (four 15-credit modules) and two-thirds of the full-time fees applicable in the second year (four 15-credit modules plus the 60-credit dissertation).

Full details of funding opportunities can be found on the UCL Scholarships website

More information

Key facts

Research Assessment Rating

75% rated 4* (world-leading) or 3* (internationally excellent)
(What is the RAE?)

The programme information on this page relates to 2013 entry. 2014 content to appear here shortly. 

Construction Economics and Management MSc

The internationally renowned Construction Economics and Management MSc was the first programme of its kind in the UK, designed to equip students with the economics and management skills to analyse the kinds of problems that will confront senior managers, policy advisers and decision-makers in any branch of the construction industry.

Degree summary

What will I learn?

This RICS accredited programme aims to develop students' knowledge and skills under two mutually supporting themes for which the School of Construction and Project Management has an international reputation:

  • the economics and finance of construction at project, firm and industry levels
  • the management of construction projects and enterprises.
Construction is taken in its widest sense to include design, infrastructure and the supply chain.

Why should I study this degree at UCL?

Our school is part of the UCL Bartlett which is the UK's largest multi-disciplinary Faculty of the Built Environment, bringing together scientific and professional specialisms required to research, understand, finance, design, procure, construct/refurbish and operate the buildings, infrastructure and urban environments of the future.

Outside the school we have links within UCL with those involved in engineering, computing and other areas of management.

Located in London, UCL is at the heart of a large cluster of architectural, engineering, surveying, real estate and management consultancies which, together with major construction/infrastructure clients, contractors and financial institutions, are next to the UK's centre of government with all the resources of a world city to hand.

See subject website for more information:

Degree structure

Availability: Full-time 1 year; Part-time 2 years (flexible 3-5 years)

Students undertake modules to the value of 180 credits. The programme consists of four core modules (60 credits), four optional/elective modules (60 credits) and a dissertation (60 credits).

A Postgraduate Diploma (120 credits, full-time nine months) is offered.

Core Modules

  • The Economics of Construction: Economics, Sectors and Industries
  • The Economic Institutions of the Construction Industry
  • Project Management
  • Principles of Enterprise Management

Options

  • Choose at least two of the following:
  • Construction Booms and Slumps
  • Construction Clients and the Market for Contracts
  • Economics of Appraisal of Construction Projects
  • The Economics of Speculative Development
  • Construction Industry Development

  • Plus at least one of the following:
  • Enterprise Management: Relationships between Firms
  • Capturing and Delivering Value
  • The Construction Firm: Contractors and Subcontractors
  • Managing Professional Practice in Construction
  • Marketing and Project Business Development

  • Fourth option taken from list above or other approved modules.
  • Project-based courses from within the school.

Dissertation/report

All MSc students submit a 10,000-word dissertation related to the main themes of the programme, under the guidance of an individual supervisor.

Teaching and Learning

The programme is delivered through a combination of lectures, seminars and group work on case studies, exercises and problems. Lectures include industry guest speakers. Assessment is through written examination, term papers and the dissertation.

Further details available on subject website:

Entry and application

Entry requirements

The normal minimum qualifications are a lower second-class Bachelor's degree from a UK university or an overseas qualification of an equivalent standard.

For overseas equivalencies see the relevant country page.

How to apply

You may choose to apply online or download application materials; for details visit www.ucl.ac.uk/gradapps

The deadline for modular/flexible programmes is 6 September 2013. If you require a Tier 4 visa in order to study in the UK, then you are not eligible to apply or be made a offer of a place on a programme as a part-time (modular flexible) student. Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.

Who can apply?

This programme is particularly appropriate for applicants who already possess knowledge and experience of project management and are seeking to move from a project-based to a business-based role within construction; or wish to specialise in areas of practical application of economics and finance.

What are we looking for?

When we assess your application we would like to learn:

  • why you want to study Construction Economics and Management at graduate level
  • why you want to study Construction Economics and Management at UCL
  • what particularly attracts you to the chosen programme
  • how your academic and professional background meets the demands of this challenging programme
  • where you would like to go professionally with your degree.
Together with essential academic requirements, the personal statement is your opportunity to illustrate whether your reasons for applying to this programme match what the programme will deliver.

Career

The career options for graduates are varied, and many students go on to work for construction, engineering and design enterprises, professional consultants and commercial research organisations, and client enterprises with significant project portfolios. Graduates are keenly recruited by many of the UK's very best construction-sector firms. The MSc can be used as a foundation for MPhil/PhD research.

First destinations of recent graduates include: JNP: Site Manager Experion: Economist, Loughborough University: Project Manager, ANP Architects: Civil Engineer, Barratt Lloyd Davis Architectural Assistant, Bluehouse Capital: Investment Analyst, Parsons Brinckerhoff: Document Controller and Faber Maunsell: Engineer.

Find out more about London graduates' careers by visiting the Careers Group (University of London) website:


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