Masters in Construction Economics & Quantity Surveying

Quantity surveyors, also known as construction economists, comprise a crucial role in the built environment project life-cycle. Generally, a quantity surveyor’s role can be understood from these two dominant perspectives:

  1. Pre-contract management role: Before commencement of a project, a quantity surveyor is responsible for feasibility analysis, cost planning, design economics, value engineering, procurement, tendering, quantification of works, cost estimation and contracts. 
  2. Post-contract management role: Once the project has been started, a quantity surveyor is responsible for cost budgeting, project cost monitoring, reporting, valuation of interim and final accounts, commercial management, contracts management, contractual claims, cost analysis and change management.

MBA in Construction Economics and Quantity Surveying offers a lucrative career to QS in terms of growth and earnings. Looking at industry 4.0, there are a plethora of opportunities in the domestic and international construction markets that a QS can avail. 

After completing the program, you will acquire the requisite competence to work in real estate development firms, construction companies and contractors, consulting firms as well as financial institutions across all essential stages of the project lifecycle, such as:

Design economics, Value Engineering and cost planning – Added value to design solutionsProcurement and tendering– Optimise cost and procurement opportunities
Contract practice and administration – Administer construction contractsQuantification, costing, monitoring budgets and Commercial management– Assessment of completed work costs
Life cycle costing – Establish the total cost and spend profile of the project over its anticipated life spanBenchmarking costs – Establishing KPIs and benchmarking them

Course Curriculum

First SemesterSecond Semester
Fundamentals of Management Science Data Analytics for Built Environment
Sustainable Practices in Built EnvironmentPrinciples of Asset Valuation
Accounting and Finance for Built Environment Construction Project Planning and Scheduling
Economics for Built EnvironmentProcurement and Tendering
Project Development and Pre-Construction PlanningManagement of Building Services
Construction Methods and TechnologyQuantification and Costing of Construction Works
Business Communication for Built Environment – IOrganisational Behaviour and Human Resources Management Sector
Behavioural Aspects of Built Environment – IForeign Business Language – II
Third SemesterFourth Semester
Construction Contracts and Dispute ManagementBuilding Information Modelling and Management
Design Economics and Cost Planning TechniquesQuality, Health and Safety Management
Project Cost Monitoring and ReportingCommercial Management
Elective – IElective – III
Elective – IIElective – IV
Professional Writing for Built EnvironmentProfessional Practice and Ethics
Foreign Business Language – IIIForeign Business Language – IV
Capstone Project – ICapstone Project – II
Electives
Advanced Energy Management
Dispute Avoidance and Resolution System in Projects
Integrated Transportation
International Practices in Measurements and Contracts
Lean Practices in Construction Projects
Risk Management in Construction
Sales & Marketing Management for Construction Professionals

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