Bachelor of Science in Valuation

Bachelor of Science in Valuation(Replaced the BSc Land Economics)

Duration: 4 years

OBJECTIVES OF THE PROGRAMME

The main objective of the Valuation undergraduate degree programme is to provide admitted students with a sound theoretical and practical base to enable them; conduct a wide range of asset valuations, analyse different classes of investments and offer sound guidance to investors, and to optimally manage real estate developments. They should also be able to professionally identify, manage and value landed property and other specialized assets.

Specific objectives of this programme are to;

• Create capacity at Makerere University for training of a wide range of valuers
• Reduce the human resource gap in the valuation profession
• Incorporate modern methods of valuation, computerized assessment, and analysis.
• Improve the gender and generational imbalances in the profession.

Graduates of this programme are expected to gain employment in both the private and public sector. The major input of the programme is to train valuers with sufficient skills for the public and private sectors: government ministries, NGOs, academic institutions, local authorities, banks, mortgage institutions, construction firms, and private consultancies in the field of valuation and management.

The training of valuation professionals for better and more rational appraisal and valuation of assets in Uganda will significantly contribute to overall poverty reduction. In the long term, laboratory and computer training in the curriculum provide hands-on opportunities to apply knowledge to solving practical problems of real estate, capital, and money markets. There are also practical training components in the curriculum which introduce students to actual field practice.

GENERAL  REGULATIONS

Makerere University regulations pertaining to application, registration, examinations, and awards shall apply.

ADMISSION REQUIREMENTS

Admission to First-Year

Admission into the first year is through any of the three avenues, the Direct Entry Scheme, the Mature Age Scheme, and the Diploma Holders Scheme.

The Direct Entry Scheme

For direct entry scheme, an applicant must obtain two advanced level passes, one in Mathematics and another in any other approved subject, at the same sitting of the Uganda Advanced Certificate of Education or its equivalent. For purposes of computing entry points, the advanced level subjects shall carry the following weights:

Weight 3 – Mathematics, Economics, Geography, Physics, Fine Art, Geometrical and Mechanical Drawing, Geometrical and Building Drawing as Essential subjects.

Weight 2 – Chemistry, Technical Drawing, Economics, Geography, Physics, Entrepreneurship, Geometrical and Mechanical Drawing, Geometrical and Building Drawing Fine Art as Relevant subjects.

Weight 1 – General Paper and Computer studies – as Desirable subjects

Weight 0.5 – Any other subject as Other subjects.

The Mature Age Entry Scheme

Candidates may be admitted under the mature age entry scheme after passing two special mature University examinations in aptitude and specialized knowledge.

Diploma Holders Entry Scheme

Diploma entry scheme is available for holders of Uganda National Examinations Board Ordinary Diploma in Building Construction and Civil Engineering or its equivalent. Candidates should have credit class diploma and passed Mathematics, Building Construction, and Drawing with at least credit four.

Admission to Other Years

Admission other than to the first year of the programme shall require a special resolution of the College Board and permission of the Senate.

Below is the course outline for BSc Valuation

Curriculum Summary
Year: 1 Semester: 1
Course Name	Course Code	Credit Units
Computer Application	CSC1100	4
Introduction to Architectural Design & Construction Drawing	VAL1101	4
Communication Skills	UNV1101	3
Applied Mathematics	EMT1101	3
Administrative Law	LAW1102	3
Introduction to Economics	ECO1108	3
Year: 1 Semester: 2
Course Name	Course Code	Credit Units
Principles of Real Estate Valuation	VAL1201	4
Principles of Accounting	VAL1202	3
Financial Mathematics	VAL1203	4
Land Economics	VAL1204	4
Construction Technology 1	QUS1201	3
Contract & Tort Law	LAW1203	3
Year: 1 Semester: Recess
Course Name	Course Code	Credit Units
Valuation Camp	VAL1301	3
Year: 2 Semester: 1
Course Name	Course Code	Credit Units
Applied Real Estate Valuation	VAL2101	4
Plant and Machinery Valuation	VAL2102	4
Construction Materials, Fixtures and Finishes	VAL2103	4
Sociology for Valuers	VAL2104	3
Construction Technology II	QUS2101	4
Financial Markets & Institutions	COA2107	4
Year: 2 Semester: 2
Course Name	Course Code	Credit Units
Urban Economics	VAL2201	4
Property Measurement Sciences	VAL2202	3
Land Registration for Valuers	VAL2203	3
Information Communication Technology for Valuers	CSC2204	3
Commercial Business Law for Valuers	LAW2206	3
Building Services *	QUS2202	3
Maintenance Management *	VAL2204	3
* Electives (choose one of the two)
Year: 2 Semester: Recess
Course Name	Course Code	Credit Units
Industrial Training	VAL2301	2
Year: 3 Semester: 1
Course Name	Course Code	Credit Units
Statutory & Non-Statutory Valuations	VAL3101	3
Property Taxation	VAL3102	3
Investment Appraisal I	VAL3103	4
Real Estate Development	VAL3104	4
Business Valuation	VAL3105	4
Real Property Law	LAW3104	4
Year: 3 Semester: 2
Course Name	Course Code	Credit Units
Alternative Dispute Resolution	VAL3201	3
Principles of Spatial Planning	VAL3202	3
Investment Appraisal II	VAL3203	3
Real Estate Finance	VAL3204	3
Research Methods and Statistics	VAL3205	3
Geographical Information Systems	SUV3206	4
Year: 3 Semester: Recess
Course Name	Course Code	Credit Units
Industrial Training	VAL3301	2
Year: 4 Semester: 1
Course Name	Course Code	Credit Units
Final Year Research Proposal	VAL4101	5
Special Valuations	VAL4102	3
Property Marketing	VAL4103	3
Real Estate Management	VAL4104	3
Building Surveying*	VAL4105	3
Land Management and Administration*	VAL4106	3
* Electives (choose one of the two)
Year: 4 Semester: 2
Course Name	Course Code	Credit Units
Final Year Dissertation	VAL4201	5
Entrepreneurship for Valuers	VAL4202	3
Professional Practice, Procedures, Standards, and Ethics	VAL4203	4
Facilities Management	VAL4204	3
Property Investment Analysis	VAL4205	3