Modes and duration
- Full-time: 1 year
- Part-time: 2 years (normally only available to students from the EU)
- Flexible: 3-5 years
Tuition Fees (2015/16)
- £11,125 (FT)
- £20,140 (FT)
- All applicants:
- 31 July 2015
The normal minimum qualifications are a lower second-class Bachelor's degree from a UK university or an overseas qualification of an equivalent standard. Generally, however, we will be looking for a standard close to an upper second unless the applicant can offer professional qualifications or a reasonable period of relevant practical experience.
English Language Requirements
If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.
The English language level for this programme is: Standard
Further information can be found on our English language requirements page.
Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.
International applicants can find out the equivalent qualification for their country by selecting from the list below.
Select your country:
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.
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.
- The Economics of Construction: Economics, Sectors and Industries
- The Economic Institutions of the Construction Industry
- Project Management
- The Management of Construction Enterprises
- Choose at least two of the following:
- Construction Booms and Slumps
- Construction Clients and the Market for Contracts
- Economics of Appraisal of Construction Projects: Leading Issues
- Economics of Speculative Construction Development
- Construction Industry Development
Plus at least one of the following:
- Mnaging Professional Practice
- Relationships between Firms
- Capturing and Delivering Value
- The Construction Firm: Contractors and Subcontractors
- Marketing and Project Business Development
- Managing Change in Organisations
Fourth option taken either from list above or from a further list which includes the modules below:
- Environmental Sustainability in the Construction Sector
- Integrating Project Information Systems with Building Information Modelling
- Managing Construction
- Managing the Enterprise-Project Relationship
- Organisations and People in Projects
- Social Networks in Project and Enterprise Organisations
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.
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).
Scholarships relevant to this department are displayed below. For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.
- £5,000 (1 year)
- UK, EU, Overseas students
- Based on financial need
- £15,000 (1 year)
- UK students
- Based on both academic merit and financial need
More scholarships are listed on the Scholarships and Funding website
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 such as retailers or banks. 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.
Top career destinations for this degree
- Fire Engineer, Gallisford Try (2010)
- PhD Engineering, UCL (2010)
- Civil Servant, Department of Construction Planning Bureau, Canada (2011)
- Investment Marketing Manager and Research, New World China Land (2011)
- Real Estate Developer, AS Plano SA (2010)
The course offers an understanding of financial and other management within the context of the project, the project-based firm and the construction industry in its widest sense. There are some elements of the course which can be put to use straight away combined with other elements of a strategic nature which will prove useful as the graduate's career moves into more senior management. It is thus an excellent postgraudtae qualification to offer employers by those trained in a technical discipline without previous economic training or those trained in economics or finance without previous exposure to construction.
Why 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.
Student / staff ratios › 31 staff › 250 taught students › 20 research students
Application and next steps
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.
- All applicants
- 31 July 2015
For more information see our Applications page.Apply now
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.