Study Construction Economics
By studying Construction Economics (otherwise known as Quantity Surveying), you will learn many different aspects in both the management, costing and delivery of complex construction projects.
The course components address a range of topics including building plans and processes, building structures and soil mechanics, construction techniques, contract administration, finance and cost planning, project management, refurbishment and retrofitting, and risks. It also contains a strong sustainability theme which equips graduates with skills that are highly sought after in the construction environment.
Why Study Construction Economics
Quantity Surveyors (or Construction economists) work on major constructions projects varying from large residential or office blocks, schools, hospitals, factories to bridges, railways and mining.
A Quantity Surveyor, also known as a Construction Economist, or Cost Manager, is part of a team of professional advisers to the construction industry that advises on estimates and monitor construction costs, which are generally considered to fall within the management disciplines and financial administration of constuction projects through their life cycle. In the initial construction phase, quantity surveyors advise on the most economical way of achieving their construction requirements. You will use techniques such as cost planning, estimating, cost analysis, cost-in-use studies and value management to establish a project budget.
You will work alongside other construction industry professionals including: Architects, Financiers, Engineers, Contractors, Suppliers, Project Owners, Accountants, Insurance Underwriters, Solicitors and Courts and with all levels of Government authorities.
In order to work in this profession you must have an analytical mind, strong attention to detail and be prepared to work to very rigid time schedules. This is because decisions made involve large sums of money is spent based on your work.
This course can be studied at a Bachelor or Masters level. The Masters course is delivered in as quick as 16 months at certain universities around Australia. The Australian Institute of Quantity Surveyors (AIQS) is nominated by the Minister for Immigration and Border Protection as the relevant assessing authority for the occupation of Quantity Surveying ANZSCO 233213. According to the Skilled Migration Assessment Policy Guidelines, obtaining accredited course completion allows you to obtain a full skills assessment without requiring additional work experience. This is done through the accredited pathway program.
Why is this important? Because Quantity Surveyor is listed on the Medium to Long Term Skilled Shortage List (MLTSSL)
Therefore because the occupation is on the MLTSSL, and you can obtain a skills assessment through the accredited pathway when you finish the course, and then potentially apply for general skilled migration visas such as:
- Skilled Independent (Subclass 189)
- State Sponsored (Subclass 190)
Please note in order to apply for general skilled migration visas, applicants are required to meet the other requirements of general skilled migration.
Course Outcome: Quantity Surveyors can work in the construction industry in different filed including:
- Contract administrator
Bachelor of Construction and Economics – 2 – 4 years
Master of Construction Practice – 16 months – 2 years
February and July
from $18,000 per year
Frequently Asked Questions
In case you don’t find an answer to your question, feel free to consult with one of our agents.
What do you as a construction manager?
Common tasks that’s you will do in this profession include:
• interpreting architectural drawings and specifications
• coordinating labour resources, and procurement and delivery of materials, plant and equipment
• consulting with Architects, Engineering Professionals and other professionals, and Technical and Trades Workers
• negotiating with building owners, property developers and subcontractors involved in the construction process to ensure projects are completed on time and within budget
• preparing tenders and contract bids
• operating and implementing coordinated work programs for sites
• ensuring adherence to building legislation and standards of performance, quality, cost and safety
• arranging submission of plans to local authorities
• building under contract, or subcontracting specialised building services
• overseeing the standard and progress of subcontractors’ work
• arranging building inspections by local authorities
Where can I study to become a construction manager?
What qualifications do you need to be a construction manager?
How much does a construction manager make per year?
Are construction managers in demand in Australia?
How do I get started?
Will these qualifications be recognised in my home country?
What are some related courses?
Some related courses to construction management are:
- The Diploma of Building and Construction
- Cert III in Carpentry
- Associate Degree of Civil Engineering
GET IN TOUCH
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