2019 Real Estate Internship Programme

 
 
2019 Real Estate Internship Programme
Department of Real Estate
                                                                     School of Design & Environment




2019
Real Estate Internship Programme
Briefing on 16 Jan 2019



DR GRACE WONG
PROGRAM DIRECTOR
BSc (Real Estate)



SHAPING YOUR FUTURE
© Copyright National University of Singapore. All Rights Reserved.
2019 Real Estate Internship Programme
EXPERIENTIAL LEARNING
                                                                     Department of Real Estate
                                                                     School of Design & Environment




      TO HELP YOU BE FUTURE-READY
      An Internship
      • provides opportunities to gain work experience
      • enhances learning through the application of classroom
             knowledge to real world problems
      • offers a broader perspective and deeper insight into the real
             estate industry
      • enables an appreciation of the reality about the work
             environment and the importance of work values and culture
      • creates inroads for networking


SHAPING YOUR FUTURE
© Copyright National University of Singapore. All Rights Reserved.
FEEDBACK FROM PREVIOUS REIP
                                                                                                                       Department of Real Estate
                                                                                                                       School of Design & Environment



PARTICIPANTS
                                                                                  “Being outside of a classroom setting, allowed me to get
“The internship exposes me to the Project Management side                         first hand experience on how leasing works and the
and broadened my knowledge on top of what was taught in                           procedures involved which is not taught or explored a lot
Real Estate. The most valuable soft skill that I gained from the                  in school modules. I learnt self-conduct is very important
internship was leadership – being more proactive and taking                       as you will be meeting many clients and the quality of
charge of tasks that were assigned to me.”                                        work submitted must also be elevated to a higher
- Yap Mei Xuan (Ascendas-Singbridge)                                              standard.”
                                                                                  - Gina Tan (CapitaLand Retail)
  Lin Xintao, Cushman & Wakefield

                                                                         “I Iike the open concept office that allows us to communicate with
                                                                         each other more effectively at work and I feel that it is quite
                                                                         productive. Moreover, as the HVS Singapore office is small, being
                                                                         an intern here I was given legit tasks to work on and involved in
                                                                         actual assignments, and I felt trusted at my work.”
                                                                         - Zhong Xiaomei (HVS)




    SHAPING YOUR FUTURE
                                                                                                                            Zhong Xiaomei, HVS
    © Copyright National University of Singapore. All Rights Reserved.
RE4202 AS A
                                                                            Department of Real Estate
                                                                            School of Design & Environment



PROGRAMME ELECTIVE
•    4-MC programme elective (also known as a restricted elective);
•    Pre-requisite modules are no longer required;
•    For students who have completed at least 6 semesters OR attained at least 100MCs;
•    A minimum duration of 10-week attachment from 13 May to 19 July 2019;
•    Carry a grade classified as either Completed Satisfactory (CS) or Completed
     Unsatisfactory (CU);
•    No more allocation method (firms and students make their own choice);
•    A list of positions is provided, students apply directly to firms;
•    Adhere to timeline to avoid delay in approvals (due to high volume processing);
•    Do NOT hold on to multiple offers by firms, decide fast and let others have the
     chance;
•    Respond to employers about your decision (accept/decline) timely and tactfully


    SHAPING YOUR FUTURE
    © Copyright National University of Singapore. All Rights Reserved.
RE4202 AS A
                                                                               Department of Real Estate
                                                                               School of Design & Environment



PROGRAMME ELECTIVE (CONT’D)
 •       RE4202 is also a restricted elective that falls within the basket of restricted
         electives for fulfilling the specialisation in Real Estate Finance:

           - Students on the specialisation track can also opt to take RE4202

 •       Participation in RE4202 (programme elective) is not a reason for DRE to write
         to Mindef to support a student’s application to defer Reservist Training:

           – If a student is approved for RE4202, DRE can provide a confirmation letter
                  to this effect;

           – Intern is required to make up for the period away for reservist training so as
                  to clock the full 10 weeks of attachment;

 (Bear in mind that AY19/20 commence on 4 Aug 2019, so all internships should be
 wrapped up by 5 August 2019)

     SHAPING YOUR FUTURE
     © Copyright National University of Singapore. All Rights Reserved.
RE4202 AS A
                                                                                                Department of Real Estate
                                                                                                School of Design & Environment



PROGRAMME ELECTIVE (CONT’D)
•   Timeline

    1st briefing to students                                             16 Jan 2019 (Week 1)

    List of positions open (students apply to companies)                 1 Feb 2019

    Companies to interview, shortlist and offer students                 1 Feb – 5 Apr 2019

    Students to seek DRE’s approval on confirmed placement –
                                                                         By 5 Apr 2019
    Form 2

    2nd briefing to students                                             Apr 2019 (Week 13)




    Internship period (min. 10 weeks)                                    13 May – 19 Jul 2019

    Deadline for students Journal and Final reports
                                                                         1 Aug 2019




    SHAPING YOUR FUTURE
    © Copyright National University of Singapore. All Rights Reserved.
RE4202 AS A
                                                                       Department of Real Estate
                                                                       School of Design & Environment



PROGRAMME ELECTIVE (CONT’D)

IMPORTANT NOTES
a) Please ensure there are NO outstanding school fees
   payable before CORS registration deadline in end of Apr;

b) Please note that applications for Leave of Absence
   (LOA) due to internships are NOT allowed.




  SHAPING YOUR FUTURE
  © Copyright National University of Singapore. All Rights Reserved.
RE4202 AS A
                                                                                    Department of Real Estate
                                                                                    School of Design & Environment



PROGRAMME ELECTIVE (CONT’D)
 Travel insurance for approved overseas trips under Internships

 •      Blanket travel insurance cover for students on official NUS trips

 •      Students on overseas trips, internships and exchange programmes (as per declaration)
        which are approved, endorsed, organised, or sponsored or authorised by NUS.

 •      Students will have to obtain the Department’s written approval prior to the trip in order to
        be covered under the blanket insurance.

 •      List of Excluded Countries: Balkans (Former Federal Republic of Yugoslavia), Belarus,
        Burma (Myanmar), Central African Republic, Ivory Coast, etc – see following link for the
        the full list.

 •      For more information: please visit
        http://www.nus.edu.sg/finance/InsuranceCoverforOfficialNUSTrips.html

 •      An email announcement from Office of Student Affairs were sent to all students on 4 Jan
        2017.


     SHAPING YOUR FUTURE
     © Copyright National University of Singapore. All Rights Reserved.
HEALTH & SAFETY MATTERS
                                                                      Department of Real Estate
                                                                      School of Design & Environment




• All students on REIP are expected to follow
  safety guidelines during your internship period,
  especially when you are required to go on site
  visits, etc.




 SHAPING YOUR FUTURE
 © Copyright National University of Singapore. All Rights Reserved.
RE4202 AS A
                                                                             Department of Real Estate
                                                                             School of Design & Environment



PROGRAMME ELECTIVE (CONT’D)


 The grading (CS/CU) of this module is based on:
                   • Employer’s Evaluation                             50%

                   • Intern’s Journal Report                           10%

                   • Intern’s Project Report                           40%




 SHAPING YOUR FUTURE
  © Copyright National University of Singapore. All Rights Reserved.
EMPLOYER’S EVALUATION
                                                                                                                                  Department of Real Estate
                                                                                                                                  School of Design & Environment



(50%)                                                                         5
                                                                                          Please tick the appropriate box
                                                                                             4            3                2             1
                                       Evaluation Criteria                (Excellent)    (Exceeds      (Meets           (Needs       (Unsatisfa
                                                                                        Requireme     Requireme       Improveme        ctory)
                                                                                            nts)         nts)             nt)

                                                                              5            4               3                2            1

                   1   Responsible and ensures timely delivery of work


                                                                              5            4               3                2            1
                   2   Pro-active, takes initiative


                                                                              5            4               3                2            1
                   3   Punctuality

                                                                              5            4               3                2            1
                   4   Positive attitude towards work and learning

                                                                              5            4               3                2            1
                   5   Team Player (relationship with the team members)


                                                                              5            4               3                2            1
                   6   Ability to work independently, self-reliant

                                                                              5            4               3                2            1
                       Ability to contribute and add value to the
                   7
                       organisation/team

                                                                              5            4               3                2            1
                   8   Quality of work submitted


                                                                              5            4               3                2            1
                       Knowledge in the field of the work
                   9
                       assigned

                                                                              5            4               3                2            1
 SHAPING YOUR FUTURE
                  10   Readiness for employment in the workforce


 © Copyright National University of Singapore. All Rights Reserved.
INTERN’S JOURNAL REPORT
                                                                      Department of Real Estate
                                                                      School of Design & Environment




(10%)
  The Internship Journal is an account of the 10-week
  internship experience. The main objective is to record
  training experiences from the REIP.

  • must be clearly completed and signed by the
    supervisor at the workplace, preferably at the end of
    each week. Please use the template shown as Annex I
    in the explanatory notes.

 • Credit to be given for detailed job scope/tasks recorded


 SHAPING YOUR FUTURE
 © Copyright National University of Singapore. All Rights Reserved.
INTERN’S PROJECT REPORT                                                                   Department of Real Estate
                                                                                          School of Design & Environment



(40%)
A.      Description of the company's organisation structure and functions; where are you working within
        the organisation structure (5 marks)
B.      Your scope of work as an intern (5 marks)
C.      Select ONE case study/project and explain your role in the case study/project (10 marks)
        (e.g. Valuation of 1 building; Financing of 1 project; Management of 1 development, etc)
D.      Lessons learnt, insights and recommendations pertaining to case study/project (20 marks)
E.      Feedback in general (optional)

•    If the data for the report is garnered during the internship stint, please seek prior approval from
     employer to use such data in the report

•    The report (excluding appendices) should not exceed 10 pages using 1.5 line spacing and Arial font
     size 12

•    Grading based on depth of report and application of concepts learnt during the BSc (RE) course

•    Both reports (Journal Report and Project Report) are due by 5:00pm, 1 Aug 2019 via LumiNUS.

•    Late submissions will incur a 5-mark penalty.
•    Immediate failure for reports received after 2 Aug, 5:00pm

     SHAPING YOUR FUTURE
      © Copyright National University of Singapore. All Rights Reserved.
INTERNSHIP POSITIONS
                                                                                Department of Real Estate
                                                                                School of Design & Environment




•     Principal Job Functions categorized broadly to include:
         –     Investment and Advisory
         –     Asset, Property and Facilities Management
         –     Valuation
         –     Sales, Leasing and Marketing
         –     Research and Consultancy
         –     Urban Planning
         –     Others
•     More details available on: http://www.rst.nus.edu.sg/undergraduate/internships.html;

•     Some positions are also open to other faculties/universities;

•     Students send CVs directly to the firms to apply for the positions;

•     Students are also allowed to self source placements that are not in the REIP 2019 list (same
      approval application process applies - Form 2)




    SHAPING YOUR FUTURE
    © Copyright National University of Singapore. All Rights Reserved.
INTERNSHIP POSITIONS
                                                                                                                           Department of Real Estate
                                                                                                                           School of Design & Environment



(CONT’D)


      http://www.rst.nus.edu.sg/undergraduate/internships.html

  •      The list is password-encrypted on website;

  •      Shared only among RST3 students

Example:

                                          Division/Principal Job       No. of Allowance
             COMPANY                                                                    Contact Person   Email Address         Period
                                                 Functions            positions ($/mth)


XXX                                    Investment & Advisory                 1   800       Christine     hr@xxx.com      13 May - 19 Jul 2019




       SHAPING YOUR FUTURE
        © Copyright National University of Singapore. All Rights Reserved.
RE4202 –                                                               Department of Real Estate
                                                                       School of Design & Environment




APPROVAL PROCESS
• Upon confirmation of your placement with the firm, you are required to
  fill in Form 2. A soft copy of Form 2 can be downloaded via the link:
   http://www.rst.nus.edu.sg/undergraduate/internships.html


• Please email to Mdm Vidya at rstssn@nus.edu.sg latest by 5:00 pm, 05
  Apr 2019 the following:
      • Email subject title: “2019 REIP Application – Student Name
        (Company name)”
      • Duly completed Form 2 (with job description);
      • All supporting documents such as letter of
        acceptance/confirmation, other email correspondences, etc;
      • Any application received after 5 Apr, 5.00pm will not be
        approved.


  SHAPING YOUR FUTURE
  © Copyright National University of Singapore. All Rights Reserved.
RE4202 –                                                              Department of Real Estate
                                                                      School of Design & Environment




AFTER APPROVAL OBTAINED
• A faculty liaison supervisor will be appointed to students;

• DRE will directly work with firms regarding faculty liaison, employer
  evaluation, etc;

• If a student rejects a confirmed placement for reasons deemed
  unacceptable to DRE and/or employer, a recommendation will be
  made to assign the student a CU grade for RE4202




 SHAPING YOUR FUTURE
 © Copyright National University of Singapore. All Rights Reserved.
Department of Real Estate


RE FINANCE SPECIALISATON
                                                                      School of Design & Environment




• If you intend to include RE4202 Real Estate
  Internship Programme as one of the REFS track,
  your REIP scope must be related to finance.
• To apply for approval, please attach a one-page
  detailed job responsibility in A4 size paper, font
  size: Arial 12 pt, line spacing 1.5 lines). This
  must be submitted together with the affirmation
  form.
• Submission deadline: 5pm, 1 Aug 2019

 SHAPING YOUR FUTURE
 © Copyright National University of Singapore. All Rights Reserved.
Department of Real Estate
                                                                                        School of Design & Environment




                                                  THANK YOU

                                                                 fb.com/realestatenus




SHAPING YOUR FUTURE
© Copyright National University of Singapore. All Rights Reserved.
Department of Real Estate
                                                                     School of Design & Environment




2019
Work Experience Internship (WEI)
Briefing on 16 Jan 2019



DR GRACE WONG
PROGRAM DIRECTOR
BSc (Real Estate)



SHAPING YOUR FUTURE
© Copyright National University of Singapore. All Rights Reserved.
EXPERIENTIAL LEARNING
                                                                                      Department of Real Estate
                                                                                      School of Design & Environment




      TO HELP YOU BE FUTURE-READY
  Work Experience Internship
  •       provides opportunities to gain work experience
  •       enhances learning through the application of classroom knowledge to real world
          problems
  •       enables an appreciation of the reality about the work environment and the importance
          of work values and culture
  •       creates inroads for networking
  •       aims to recognize and encourage work experiences in fields that could lead to viable
          career pathways that may not be directly related to the student’s major.
  •       serve as a platform for students to explore a career interest and develop skills outside
          of their degree programmes, and open up viable career opportunities for students in
          these industry sectors.



SHAPING YOUR FUTURE
© Copyright National University of Singapore. All Rights Reserved.
RE3000 AS A
                                                                         Department of Real Estate
                                                                         School of Design & Environment



UNRESTRICTED ELECTIVE (4-MC)
Highlights:
•    For students who have completed at least 4 semesters;
•    Primarily non-real estate related internships;
•    Dr. Grace Wong will be faculty liaison supervisor unless stated otherwise;
•    Self-source (not allowed to contact REIP 2019 list of firms);
•    Timeline must be strictly adhered to avoid delay in approvals;
•    For more details, refer to website:
     http://www.rst.nus.edu.sg/undergraduate/internships.html
•    If a student rejects a confirmed placement for reasons deemed unacceptable
     to DRE and/or employer, a recommendation will be made to assign a CU
     grade for RE3000.


    SHAPING YOUR FUTURE
    © Copyright National University of Singapore. All Rights Reserved.
RE3000 AS A
                                                                         Department of Real Estate
                                                                         School of Design & Environment



UNRESTRICTED ELECTIVE
•   Timeline




    SHAPING YOUR FUTURE
    © Copyright National University of Singapore. All Rights Reserved.
RE3000 AS A
                                                                             Department of Real Estate
                                                                             School of Design & Environment



UNRESTRICTED ELECTIVE

The grading (CS/CU) of this module is based on:
             • Employer’s Evaluation                                   50%

             • Intern’s Journal Report                                 10%

             • Intern’s Project Report                                 40%




  SHAPING YOUR FUTURE
  © Copyright National University of Singapore. All Rights Reserved.
EMPLOYER’S EVALUATION
                                                                                                                                  Department of Real Estate
                                                                                                                                  School of Design & Environment



(50%)                                                                         5
                                                                                          Please tick the appropriate box
                                                                                             4            3                2             1
                                       Evaluation Criteria                (Excellent)    (Exceeds      (Meets           (Needs       (Unsatisfa
                                                                                        Requireme     Requireme       Improveme        ctory)
                                                                                            nts)         nts)             nt)

                                                                              5            4               3                2            1

                   1   Responsible and ensures timely delivery of work


                                                                              5            4               3                2            1
                   2   Pro-active, takes initiative

                                                                              5            4               3                2            1
                   3   Punctuality

                                                                              5            4               3                2            1
                   4   Positive attitude towards work and learning

                                                                              5            4               3                2            1
                   5   Team Player (relationship with the team members)

                                                                              5            4               3                2            1
                   6   Ability to work independently, self-reliant

                                                                              5            4               3                2            1
                       Ability to contribute and add value to the
                   7
                       organisation/team

                                                                              5            4               3                2            1
                   8   Quality of work submitted

                                                                              5            4               3                2            1
                       Knowledge in the field of the work
                   9
                       assigned

                                                                              5            4               3                2            1
 SHAPING YOUR FUTURE
                  10   Readiness for employment in the workforce


 © Copyright National University of Singapore. All Rights Reserved.
INTERN’S JOURNAL REPORT
                                                                      Department of Real Estate
                                                                      School of Design & Environment




(10%)
  The Internship Journal is an account of the 10-week
  internship experience. The main objective is to record
  training experiences from the WEI.

  • must be clearly completed and signed by the
    supervisor at the workplace, preferably at the end of
    each week. Please use the template shown as Annex I
    in the explanatory notes.

 • Credit to be given for detailed job scope/tasks recorded


 SHAPING YOUR FUTURE
 © Copyright National University of Singapore. All Rights Reserved.
INTERN’S PROJECT REPORT
                                                                                          Department of Real Estate
                                                                                          School of Design & Environment




(40%)
 A.          Description of the company's organisation structure and functions; where are you working
             within the organisation structure (5 marks)
 B.          Your scope of work as an intern (5 marks)
 C.          Select ONE case study/project and explain your role in the case study/project (10 marks)
 D.          Lessons learnt, insights and recommendations pertaining to case study/project (20 marks)
 E.          Feedback in general (optional)

 •      If the data for the report is garnered during the internship stint, please seek prior approval from
        employer to use such data in the report

 •      The report (excluding appendices) should not exceed 10 pages using 1.5 line spacing and Arial
        font size 12

 •      Both reports (Journal Report and Project Report) are due by 5:00pm, 1 Aug 2019 via LumiNUS.

 •      Late submissions will incur a 5-mark penalty.
 •      Immediate failure for reports received after 2 Aug, 5:00pm




     SHAPING YOUR FUTURE
     © Copyright National University of Singapore. All Rights Reserved.
RE3000 AS A
                                                                            Department of Real Estate
                                                                            School of Design & Environment



UNRESTRICTED ELECTIVE
 •       Participation in RE3000 (unrestricted elective) is not a reason for DRE to write
         to Mindef to support a student’s application to defer Reservist Training:

           – If a student is approved for RE3000, DRE can provide a confirmation letter
                  to this effect;

           – Intern is required to make up for the period away for reservist training so as
                  to clock the full 10 weeks of attachment;

 (Bear in mind that AY19/20 commence on 4 Aug 2019, so all internships should be
 wrapped up by 5 August 2019)




     SHAPING YOUR FUTURE
     © Copyright National University of Singapore. All Rights Reserved.
RE3000 AS A
                                                                       Department of Real Estate
                                                                       School of Design & Environment



UNRESTRICTED ELECTIVE

IMPORTANT NOTES
a) Please ensure there are NO outstanding school fees
   payable before CORS registration deadline in end of Apr;

b) Please note that applications for Leave of Absence
   (LOA) due to internships are NOT allowed.




  SHAPING YOUR FUTURE
  © Copyright National University of Singapore. All Rights Reserved.
RE3000 AS A
                                                                                   Department of Real Estate
                                                                                   School of Design & Environment



UNRESTRICTED ELECTIVE
Travel insurance for approved overseas trips under Internships

•      Blanket travel insurance cover for students on official NUS trips

•      Students on overseas trips, internships and exchange programmes (as per declaration)
       which are approved, endorsed, organised, or sponsored or authorised by NUS.

•      Students will have to obtain the Department’s written approval prior to the trip in order to
       be covered under the blanket insurance.

•      List of Excluded Countries: Balkans (Former Federal Republic of Yugoslavia), Belarus,
       Burma (Myanmar), Central African Republic, Ivory Coast, etc – see following link for the
       the full list.

•      For more information: please visit
       http://www.nus.edu.sg/finance/InsuranceCoverforOfficialNUSTrips.html

•      An email announcement from Office of Student Affairs were sent to all students on 4 Jan
       2017.


    SHAPING YOUR FUTURE
    © Copyright National University of Singapore. All Rights Reserved.
HEALTH & SAFETY MATTERS
                                                                      Department of Real Estate
                                                                      School of Design & Environment




• All students on WEI are expected to follow
  safety guidelines during your internship period,
  especially when you are required to go on site
  visits, etc.




 SHAPING YOUR FUTURE
 © Copyright National University of Singapore. All Rights Reserved.
RE3000 –                                                               Department of Real Estate
                                                                       School of Design & Environment




APPROVAL PROCESS
• Upon confirmation of your placement with the firm, you are required to
  fill in Form 2W. A soft copy of Form 2W can be downloaded via the link:
   http://www.rst.nus.edu.sg/undergraduate/internships.html


• Please email to Mdm Vidya at rstssn@nus.edu.sg latest by 5:00 pm, 12
  Apr 2019 the following:
      • Email subject title: “2019 WEI Application – Student Name
        (Company name)”
      • Duly completed Form 2W (with job description);
      • All supporting documents such as letter of
        acceptance/confirmation, other email correspondences, etc;
      • Any application received after 12 Apr, 5.00pm will not be
        approved.


  SHAPING YOUR FUTURE
  © Copyright National University of Singapore. All Rights Reserved.
RE3000 –                                                              Department of Real Estate
                                                                      School of Design & Environment




AFTER APPROVAL OBTAINED
• A faculty liaison supervisor will be appointed to students;

• DRE will directly work with firms regarding faculty liaison, employer
  evaluation, etc;

• If a student rejects a confirmed placement for reasons deemed
  unacceptable to DRE and/or employer, a recommendation will be
  made to assign the student a CU grade for RE3000.




 SHAPING YOUR FUTURE
 © Copyright National University of Singapore. All Rights Reserved.
Department of Real Estate
                                                                                        School of Design & Environment




                                                  THANK YOU

                                                                 fb.com/realestatenus




SHAPING YOUR FUTURE
© Copyright National University of Singapore. All Rights Reserved.
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