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Construction Economics and Management MSc

This programme equips graduates with the skills to become senior managers, policy advisers and decision-makers in any branch of the construction industry. It can also provide researchers and teachers in these subject areas with professional academic development.

Covid-19 programme updates

Due to COVID-19, there may have been updates to this programme for the 2020 academic year. Where there has been an update, these are indicated with a red alert and a link which will provide further information.

Key information

Programme starts

September 2020

Modes and duration

Full time: 1 year
Part time: 2 years
Flexible: 2-5 years

Full-time students study for 37.5 hours per week during term time. Typically, lectures and seminars occur on two days per week. Flexible mode students normally attend half this amount.

Application dates

Full-time
Open: 1 November 2019
Close: 11 August 2020
Flexible/Modular
Close: 31 August 2020
Please see the Bartlett website for more information about admissions to this programme.

Tuition fees (2020/21)

UK/EU:
£17,590 (FT)
£8,840 (PT)
Overseas:
£28,930 (FT)
£14,730 (PT)


Note on fees: The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Students website. Fees for flexible, modular study are charged pro-rata to the appropriate full-time Master's fee taken in an academic session.

Fee deposit: All full time students are required to pay a fee deposit of £2,000 for this programme. All part-time students are required to pay a fee deposit of £1,000.

Accreditation:

RICS Project Management pathway

Location: London, Bloomsbury

Entry requirements

UCL's minimum qualifications are a lower second-class Bachelor's degree from a UK university or an overseas qualification of an equivalent standard. However, there is a heavy demand for places on this programme and in practice a significantly higher standard will be required unless the applicant can offer professional qualifications or five years of more 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.

International students

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:

About this degree

The programme is accredited by the Royal Institution of Chartered Surveyors (RICS) and 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 infrastructure and the supply chain.

Students undertake modules to the value of 180 credits.

The programme consists of four compulsory modules (60 credits), four optional/elective modules (60 credits) and a dissertation (60 credits).

Upon successful completion of 180 credits, you will be awarded a MSc in Construction Economics and Management.

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change.

Compulsory modules

  • The Economics of Construction: Economics, Sectors and Industries (15 credits)
  • The Economic Institutions of the Construction Industry (15 credits)
  • The Management of Construction Projects (15 credits)
  • The Management of Construction Enterprises (15 credits)

Optional modules

Optional module choices will include:

  • 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**
  • Managing Professional Practice*
  • Enterprise Management: Relationships between Firms*
  • Capturing and Delivering Value*
  • The Construction Firm: Contractors and Subcontractors*
  • Marketing and Project Business Development*
  • Managing Change in Organisations*
  • 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

Students choose  one of these modules

** Students choose two of these modules

The fourth optional module is selected from the remaining choices displayed above.

Covid-19 module updates
Due to COVID-19, there may be updates to the modules for your chosen programme of study this year. Some modules may not be available or may need to be moved to a later term or year of study. These updates are relevant for 2020-21 academic year only.  The full list of modules will be available in the module catalogue from late August.  From the first week of September, you will be invited to complete module selection from Portico, our student record system. There may need to be additional updates or changes to modules during the academic year to allow for new guidance from the UK Government and Public Health England. Your department shall keep you updated of these changes as they become available.

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. The module is School of Construction and Project Management Dissertation (60 credits).

Fieldwork

Fieldwork may contribute to primary research for the dissertation.


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 and academic guest speakers. Assessment is through written examination, term papers and the dissertation.

Covid-19 contact hours on campus
In Term One, while campus will be open, all the learning activity for the core content of your modules will take place online – including lectures, tutorials, seminars and assessments. By “core content” we mean everything you need to learn to complete the module successfully. In addition to these online contact hours, we will be offering some face-to-face educational activities for students on campus, and we will provide alternative online activities for those students unable to join us on campus. These activities, which will include contact with academic staff, will be relevant to your programme of study may include seminars, academic and employability skills workshops, small-group or individual tutorials, lab and practice-based teaching. UK Government safety guidelines will limit the amount of ‘in person’ activity we can offer and while it will vary from programme to programme, is likely to be no more than 1-2 hours per week. This will vary across departments, particularly if your programme includes laboratory/practical/studio/workshop sessions. You will be updated with more specific details as they are available and your timetable will indicate which sessions will be on campus and which will be available online.
Covid-19 assessment updates
There may be changes to the format of assessments for modules in this programme due to COVID-19. These will be summarised for each module on the module catalogue from 17 August 2020.   If any changes to assessments need to be made during the academic year due to updates in government guidance, these will be communicated to you as soon as possible from your department.    
Communicating further Covid-19 mitigation plans
We are continuing to follow UK Government guidance, as well as the expertise of our researchers, including specialists in health, education, human behaviour and infection prevention, to make sure UCL is as safe as possible during the COVID-19 pandemic. If it becomes necessary to make further changes to your programme as a result of new guidance/regulations, UCL and your department will communicate these as soon as this becomes clear. We will keep you up-to-date with our plans throughout term one, so you have the information you need to be able to take decisions that are right for your circumstances. Please ensure that you keep in touch with your department by regularly checking your UCL emails, Moodle courses, the Coronavirus FAQs for Students page and any UCL online groups or social media you follow.

Additional costs

For more information on additional costs for prospective students please go to our estimated cost of essential expenditure at Accommodation and living costs.

Accessibility

Details of the accessibility of UCL buildings can be obtained from AccessAble. Further information can also be obtained from the UCL Student Support & Wellbeing team.

Funding

UCL offers a range of financial awards aimed at assisting both prospective and current students with their studies.

Any additional funding available from the Bartlett School of Construction and Project Management and the Built Environment Faculty Office are advertised on the respective websites.

Scholarships relevant to this department are displayed below.

Brown Family Bursary

Note:
This scheme is now closed for 2020/21
Value:
£15,000 (1 year)
Eligibility:
UK
Criteria:
Based on both academic merit and financial need

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.

Careers

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 have been recruited by many of the UK's very best construction-sector firms. The MSc can be used as a foundation for MPhil/PhD research.

Employability

The programme develops an understanding of financial and other kinds of management within the context of the project, the project-based firm and the construction industry in its widest sense. There are some elements which can be put to use straight away while other elements of a strategic nature will prove useful as graduates move into more senior management roles. It is an attractive graduate qualification either for 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 Bartlett, which is the UK's largest multidisciplinary faculty of the built environment. It brings 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 Bartlett, we have links within UCL with those involved in engineering, computing and other areas of management.

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

Accreditation:

RICS Project Management pathway

Department: Bartlett School of Construction & Project Management

Application and next steps

Applications

Please note that for this programme, applications are considered in a number of different rounds, and so there are a series of deadlines. Please see the Bartlett website for more information.

There is an application processing fee for this programme of £80 for online applications and £105 for paper applications. Further information can be found at: www.ucl.ac.uk/prospective-students/graduate/taught/application.

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.

Application deadlines

Full-time
11 August 2020
Flexible/Modular
31 August 2020

Please see the Bartlett website for more information about admissions to this programme.

For this programme, applications are considered in a number of different rounds. Please see here for important information on application deadlines.


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.

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.

UCL is regulated by the Office for Students.

Page last modified on 13 August 2020