Real estate is one of the most crucial components of the economy. It has become a specialized field of knowledge that requires in-depth training within educational systems.

Real estate development and business is one of the training fields under the Construction Economics and Construction Management program of the Faculty of Economics & Construction Management at Hanoi University of Civil Engineering.

Starting from the 2020–2021 academic year, the Construction Economics and Construction Management program at the Faculty of Economics & Construction Management, HUC, introduced a Bachelor’s degree program with a shorter training duration (approximately 3.5–4 years), alongside the existing Engineer program (4.5–5 years). This innovation aims to meet labor market demand, especially in the context of the real estate sector, which is currently considered to be lacking and under-resourced.

1/ Knowledge Blocks on Real Estate Development & Business that Construction Economics and Construction Management Students Are Equipped With

Students in both programs are provided with knowledge in construction engineering, economics and finance, as well as construction and project law. In particular, students in the Real Estate Economics & Management specialization under the Construction Management program receive more in-depth training in the real estate field.

The university’s new training program is now considered to be better aligned with practical needs after graduation. Several technical courses that were previously considered challenging for Construction Economics and Construction Management students have been reduced.

Students at the Faculty of Economics & Construction Management learn to read construction drawings, understand structural systems, evaluate construction products, and determine the total project investment more accurately and easily compared to real estate students trained at other universities or educational institutions specializing in economics in general.

In addition, students are trained in real estate valuation and appraisal, project planning, and business feasibility analysis. They gain hands-on experience through course projects and by learning and practicing directly at real estate companies via extracurricular programs and technical internships.

Having a solid foundation in both engineering and economics is a major advantage for students of the Faculty of Economics & Construction Management at National University of Civil Engineering (NUCE).

2/ Career Opportunities in Real Estate Development & Business

Graduates of Construction Economics and Construction Management can work in real estate development and business at both domestic and international organizations, including:

• Developing and analyzing real estate business projects at construction companies or real estate investment and trading enterprises.

• Project appraisal at financial institutions, banks, investment funds, and insurance companies.

• Real estate valuation at asset appraisal companies and auction firms.

• Market research and real estate brokerage at real estate trading floors.

• Government agencies involved in real estate management.

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3/ Income in the Field of Real Estate Development & Business

According to industry statistics, over 95% of graduates from the Faculty of Economics & Construction Management at the National University of Civil Engineering (NUCE) find employment within the first six months after graduation. Among them, more than 80% work in fields related to their training, earning an average income of 10 million VND per month.

Additionally, 11% of graduates earn between 10 – 15 million VND per month, mostly working in real estate development and business — a profession with unlimited income potential and flexible working conditions in terms of location and time.

 Msc. Dang Thi Hong Duyen
Faculty of Economics and Construction Management, Hanoi University of Civil Engineering