Strata Community Management

This qualification reflects the role of those associated with providing management services for strata communities.In many situations, the individual may continue to work independently but might operate as a portion of a strata community management team. Within this character, the individual will carry out all tasks associated with the management of strata communities, for example facilitating encounters of strata community associates, administering insurance to get strata communities, handling strata community capital, as well as maintaining business records and reporting on the financial activities of strata communities.Licensing, legislative, regulatory or certification requirementsLicensing, legislative, regulatory or certification requirements affect strata community management in a few States. Relevant property and state regulatory authorities should be consulted to confirm all those requirements.

Strata Community Management program at RMIT provides students with comprehensive knowledge and practical skills necessary to excel in the rapidly evolving field of community title management. This program is designed to equip students with an understanding of the legal, financial, and operational aspects of managing strata schemes, incorporating best practices in governance, dispute resolution, and property management. Throughout the course, students will explore the roles and responsibilities of community managers, owners corporations, and other stakeholders involved in strata management. They will gain insights into the legal frameworks that underpin strata titles, including relevant legislation, regulations, and compliance requirements. The curriculum emphasizes practical skills through simulated case studies, industry projects, and internship opportunities, enabling students to navigate real-world scenarios effectively. Topics covered include budgeting and financial management for strata schemes, maintenance planning, insurance, and contract management. Special attention is given to ethical issues, communication strategies, and leadership skills vital for successful community management. The program aims to prepare graduates for various career paths in strata management, property development, and real estate, with potential roles including community manager, strata title administrator, and property consultant. RMIT’s state-of-the-art facilities and industry partnerships ensure students receive a high-quality learning experience, integrating theoretical education with practical application. Upon successful completion, students will be well-equipped to contribute meaningfully to community living environments, ensuring effective governance and sustainable community development. The program also meets industry standards and prepares students for relevant professional certifications, further enhancing their employability in this dynamic sector.

Program requirements for the Bachelor of Property (Strata Community Management) at RMIT University include completing a total of 24 standard units, comprising core and elective subjects. Prospective students must have completed Year 12 or an equivalent qualification recognized by RMIT, with assessed prerequisites in mathematics and English proficiency. English language requirements typically include IELTS 6.5 with no band below 6.0, or equivalent scores in other accepted English tests. The program emphasizes foundational knowledge in property management, legal frameworks, financial management, and communication skills. Students are expected to engage in continuous assessments, including examinations, coursework, group projects, and practical work placements. Practical experience is a significant component, often requiring students to complete industry placements or internships with registered property management firms, which provide real-world exposure and application of theoretical knowledge. Academic progression is structured to ensure students develop competencies progressively, beginning with core subjects such as Introduction to Property Management, Business Communication, and Property Law. Advanced courses include Strata Title Management, Financial Planning for Property Managers, and Risk Management. The program aims to prepare graduates for professional roles within the property sector, including strata management, property consultancy, and facilities management. To graduate, students must maintain satisfactory academic progress, typically a minimum GPA of 2.0 or higher, and complete all required coursework and practical placements successfully. Additional requirements may include adherence to RMIT's codes of conduct, participation in workshops, and obtaining necessary industry certifications or licenses if applicable. The program's comprehensive curriculum and industry links ensure graduates are well-equipped to meet industry standards and pursue career opportunities across various sectors of property management.

The Bachelor of Strata Community Management at RMIT University offers students a comprehensive understanding of financial management within the property and community management sectors. This program equips students with the essential skills required to excel in financial analysis, budgeting, and financial reporting specific to strata and community title schemes. Students will explore financial principles tailored to the unique needs of community, strata, and body corporate management, including the preparation and management of budgets, assessment of financial statements, and understanding of legal and ethical considerations in financial dealings. The curriculum emphasizes practical application, enabling students to develop budgets for community schemes, perform financial negotiations, and ensure compliance with relevant legislation and industry standards. Internally, the program may include coursework on the management of levies, charges, and other income sources associated with strata communities, alongside training in financial software relevant to the industry. External financial factors such as market trends, interest rates, and economic conditions are also covered to prepare students for real-world financial decision-making. Additionally, students learn about risk management related to financial operations, investment strategies, and the financial implications of property development and management. The program may also incorporate case studies and simulated financial scenarios to enhance practical skills. Overall, the program aims to foster strong financial literacy, analytical capabilities, and ethical awareness, ensuring graduates are well-prepared to handle financial responsibilities confidently in the community management industry.

The Bachelor of Property and Construction Management at RMIT University offers students comprehensive training in the fields of property development, property management, and construction management. This program is designed to equip graduates with the skills necessary to succeed in the dynamic and growing property and construction sectors. It combines theoretical knowledge with practical applications, including industry placements and real-world projects, to ensure students are well-prepared for professional practice. The curriculum covers a variety of subjects such as property law, financial management, project management, sustainability considerations, and building codes and standards. Students also gain insights into the development process, asset management, valuation, and leasing strategies, which are critical skills for careers in property management. The program emphasizes innovative approaches to urban development and sustainable building practices, aligning with industry demands for environmentally responsible and economically viable projects. Graduates can pursue careers in property development firms, real estate agencies, construction companies, consultancy firms, and government agencies involved in urban planning and development. The program is delivered by experienced industry professionals and academic staff, ensuring that students receive current and relevant education. Students have access to state-of-the-art facilities, industry networking opportunities, and support services to enhance their learning experience. Upon graduation, students are prepared to take on roles that require project coordination, stakeholder engagement, and regulatory compliance. The program offers pathways for further study, including honours or postgraduate qualifications, to enable continuous professional development. Overall, the Bachelor of Property and Construction Management at RMIT provides a robust foundation for aspiring property professionals, helping them to develop essential skills, industry knowledge, and professional networks to thrive in a competitive environment.