Introduction to the New Training Program in Construction Economics

Construction Economics is an economic-engineering field that covers specific tasks such as finance, accounting, and statistics; preparing and appraising investment projects for construction works; preparing, reviewing, and evaluating construction cost estimates and final settlements; cost valuation and management; construction site management; preparing bidding documents and tender submissions; and more.

1/ Training Objectives:
The Construction Economics program aims to train engineers who possess the following qualities and skills:

  1. Good ethical standards and a solid scientific knowledge base in the field of Construction Economics.

  2. Strong professional skills, practical competence, and the personal qualities required for the profession.

  3. The ability to handle situations, solve professional problems, and conduct independent and creative research.

  4. Skills to collect, process, and communicate information effectively.

  5. Social and communication skills necessary to work efficiently in multidisciplinary teams and in an international environment.

  6. The ability to apply information technology and foreign languages in professional activities.

 2/ Newly Improved Training Program
With the objective of preparing students for the specific tasks mentioned above for Construction Economics Engineers, the new training program is divided into two tracks:

  • Bachelor’s Track: 3.5 – 4 years

  • Engineer or Master’s Track: 5 – 5.5 years

There are two models that students can choose from:

  1. Sequential Model – the training process consists of two stages (Bachelor and Engineer).

  2. Integrated Model – training with a single integrated program for the same major, which has been developed and implemented starting from the 65th cohort.

3/ What makes the Construction Economics Engineer/Bachelor program by the Faculty of Construction Economics and Management different?

3.1/ Scientific approach in designing and structuring the training program
The new training program is considered compliant with current regulations, while also being learner-oriented to enhance the value of the traditional engineering degree, and aligning with international practices and standards.

With this program, courses that are not directly related to the major will be reduced or removed, allowing more time to be invested in core, interdisciplinary, and specialized knowledge – which is essential for students to be able to start working immediately after obtaining a Bachelor’s degree in Construction Economics.

3.2/ Dedicated and experienced teaching staff of the Faculty of Construction Economics & Management
The important courses of the Construction Economics major are key differentiators for students trained by the Faculty of Construction Economics & Management compared to students from other majors at Hanoi University of Civil Engineering, and even compared to Construction Economics students at some other universities.

These key courses are directly taught by lecturers with qualifications ranging from Master’s and Ph.D. to Associate Professors, who have extensive teaching experience, including courses such as: Investment Economics, Accounting, Finance, Planning & Forecasting, Project Management, Construction Product Valuation, and Marketing in Construction.

With the motto “Learning goes hand in hand with practice,” the important specialized courses are always arranged with course projects (practical components) alongside theoretical lessons. This setup provides students with the opportunity to immediately practice the knowledge they have just learned, thereby deepening their understanding, developing critical thinking, reinforcing memory, and enhancing their ability to apply this knowledge in real-world situations after graduation.

Important courses for the field, such as Construction Economics and Bidding Operations, Investment Economics, Construction Organization, Technical Standards… up to the Graduation Project before students graduate, are all carefully invested in and ensured for the highest quality of teaching by the Faculty for its students.

For every hour of course projects and the graduation project, students at the Faculty of Construction Economics and Management are guidedly and thoroughly supervised by lecturers.

During the project process, lecturers not only provide students with theoretical knowledge but also introduce and equip them with practical examples, updating them on the latest technologies and applications being used in the field.

4/ Who is the Construction Economics program suitable for?
The Construction Economics program is suitable for students who have an interest in technical sciences, management, and economics. The knowledge of construction technology, technical skills, and economic management is a distinctive advantage of the Construction Economics field, which no other construction engineering program can offer.

In addition, logical thinking, judgment skills, analytical and synthesizing abilities, along with communication skills and a passion for staying informed about current affairs and socio-economic issues, are considered advantages when pursuing a career in the field of construction economics and management in general, and Construction Economics in particular.

The new training program for Construction Economics engineers is suitable for all types of students with diverse future career goals, from working for construction companies, construction consultancy firms, and construction investment enterprises, to governmental construction agencies and departments, as well as for students who wish to pursue research in the construction field both domestically and internationally.

CONSTRUCTION ECONOMICS PROGRAM ADMISSION INFORMATION – 2021:

  • Admission quota: 400 students

  • High school graduation exam subject combinations for 2021:
     - Combination 1 – A00: Math, Physics, Chemistry
     - Combination 2 – A01: Math, Physics, English
     - Combination 3 – D07: Math, Chemistry, English

  • Admission code: XDA23

FOR DETAILED INFORMATION, PLEASE CONTACT:
Faculty of Construction Economics and Management – National University of Civil Engineering (NUCE)

Address: Room 318 – 319, Building A1, NUCE, 55 Giai Phong Street, Hai Ba Trung District, Hanoi, Vietnam.
Phone: (024) 3869 1829 | Fax: (024) 3628 4423 | Hotline: 0913 213 513 (Assoc. Prof. Dr. Nguyen Quoc Toan – Vice Dean, Faculty of Construction Economics and Management)
Email: kinhtequanly@nuce.edu.vn
Facebook: https://www.facebook.com/cem.nuce/
NUCE Admissions Website: http://tuyensinh.nuce.edu.vn/
Faculty Website: https://kinhtexaydung.nuce.edu.vn/