TL;DR: BS Real Estate Management (BSREM) is a four-year, minimum 164-unit degree under CHED Memorandum Order No. 28, series of 2011, covering brokerage, appraisal, property management, real estate finance, and law, plus a required 250-hour practicum. It leads to the PRC Real Estate Broker Licensure Examination under RA 9646, which requires a 75% overall average with no subject below 50%; 1,863 of 2,296 examinees (about 81%) passed in April 2026, versus about 75% in April 2025. Broker income is commission-based rather than a fixed salary, so wage data applies more directly to salaried in-house real estate roles than to independent brokerage.
BS Real Estate Management exists because of a single piece of legislation: the Real Estate Service Act of 2009 (RA 9646), which created a licensing framework for brokers, appraisers, and consultants and pushed CHED to design a dedicated degree program for it. Students searching "BS Real Estate Management subjects" or "how to become a real estate broker in the Philippines" usually want the same answer: what does the degree actually cover, and does it guarantee the broker license. This guide breaks down the real CHED-prescribed curriculum, the practicum requirement, the licensure exam, and what the pay picture looks like for brokers versus salaried real estate roles. For related career paths, see our highest-paying courses in the Philippines guide.
What Does BS Real Estate Management Cover?
BS Real Estate Management (BSREM) is a four-year degree built around the three licensed real estate service fields defined by RA 9646: brokerage, appraisal, and consultancy, plus property management. The curriculum blends general business management education with real estate-specific law, finance, and valuation subjects, aiming to prepare graduates for the Real Estate Broker Licensure Examination.
The program is governed by CHED Memorandum Order No. 28, series of 2011, "Policies, Standards and Guidelines for Bachelor of Science in Real Estate Management (BS REM)," issued two years after RA 9646 took effect. The first BSREM graduates sat for the real estate broker licensure exam in 2016.
Disclaimer: curriculum specifics can vary by school within CHED's minimum framework. Confirm the current curriculum directly with your target school's real estate management department.
How Many Units Does BS Real Estate Management Require?
CMO 28 sets a minimum of 164 units across four years. The table below shows the official category breakdown.
| Category | Units |
|---|---|
| General Education (GEC-B, per CMO No. 04, s. 1997) | 51 |
| Basic Business Core | 21 |
| Management Education Core | 18 |
| Professional Courses | 39 |
| Electives | 15 |
| PE/NSTP | 14 |
| Practicum/Work Integrated Learning | 6 |
| Total | 164 |
CHED allows individual schools to add electives suited to their own institutional focus, which is why some published curricula, such as Philippine Christian University's online BSREM offering through its OEd platform, list totals closer to 177 units. Treat 164 as the CMO-mandated floor and confirm the specific school's actual total before enrolling.
What Subjects Does BS Real Estate Management Include?
The 39-unit Professional Courses block is the heart of the licensure-relevant curriculum, made up of 13 named subjects, each worth 3 units under CMO 28:
| Professional Subject | Units |
|---|---|
| Fundamentals of Real Estate Management | 3 |
| Real Estate Marketing and Brokerage | 3 |
| Legal Aspects of Real Estate | 3 |
| Real Estate Consulting | 3 |
| Real Estate Planning and Development | 3 |
| Real Estate Appraisal and Property Management | 3 |
| Real Estate Consulting and Investment Analysis | 3 |
| Principles of Ecology | 3 |
| Appraisal and Assessment in the Government Sector | 3 |
| Property Management System | 3 |
| Real Estate Finance | 3 |
| Ethical Standards for Real Estate Practice | 3 |
| Real Estate Economics | 3 |
These 13 subjects cover the three licensed real estate service tracks (brokerage, appraisal, consultancy) plus property management and finance, which is why the curriculum reads as more specialized than a general Business Administration major even though it shares a Basic Business Core and Management Education Core with programs like BSBA.
Does BS Real Estate Management Require a Practicum?
Yes. CMO 28 requires a Practicum/Work Integrated Learning component worth 6 units, with a minimum of 250 hours of on-the-job training. Students typically complete this with a real estate brokerage, property developer, or property management firm, giving them supervised exposure to actual listings, transactions, and client work before graduating.
What Is the Real Estate Broker Licensure Examination?
The Real Estate Brokers Licensure Examination is administered by the PRC under Republic Act No. 9646, the Real Estate Service Act (RESA). Eligible candidates hold a BSREM degree, or alternatively any bachelor's degree plus 120 units of PRC-accredited Continuing Professional Education (CPE) in real estate subjects, meaning BSREM is not the only path to the license.
The exam runs roughly three hours across three parts, totaling about 300 items, and applies a strict passing standard: at least 75% overall average, with no single subject grade below 50%. Recent results show real swings in outcomes:
| Exam Period | Passing Rate | Examinees |
|---|---|---|
| April 2026 | ~81% | 1,863 of 2,296 passed |
| April 2025 | ~75% | 1,306 of 1,741 passed |
PRC administers the broker exam at least once a year, with separate examinations for real estate appraisers and consultants under the same law.
Disclaimer: passing rates and exam requirements can change each cycle. Verify the current schedule and requirements directly with PRC before applying.
How Much Does BS Real Estate Management Tuition Cost?
Tuition for BSREM tends to sit on the lower-to-mid end of the private university range, since several schools price it as a niche business program rather than a flagship one. Specific published rates reported include University of Mindanao at roughly ₱18,000 to ₱20,000 per semester, Philippine Christian University at roughly ₱24,000 to ₱26,000 per semester, and Trinity University of Asia at roughly ₱74,000 to ₱80,000 per year, according to a Lamudi roundup of schools offering the program. For broader context, average tuition at non-sectarian private universities generally runs ₱40,000 to ₱80,000 per semester. Always confirm the current published rate directly with the school.
Disclaimer: tuition figures change by school year. Confirm current rates directly with each school's admissions office before budgeting.
What Jobs Can a BSREM Graduate Get?
Licensed Real Estate Brokers can practice independently or under a brokerage, earning primarily through sales commissions on property transactions, while appraisers and consultants (with their own separate PRC exams under RA 9646) work in property valuation and advisory roles for banks, developers, and government assessors. BSREM graduates who haven't yet passed the broker exam commonly start in property management, leasing administration, or as licensed real estate salespersons working under a supervising broker, a role that has lighter registration requirements than full brokerage.
How Much Do Real Estate Brokers Earn?
Broker income is fundamentally different from a salaried occupation: brokers earn primarily through commissions on property sales and leases, so there is no single reliable "average salary" figure comparable to PSA's occupational wage data for fixed-wage jobs. Earnings depend heavily on transaction volume, property values in a broker's market, and whether they work independently or under an agency's commission split. Salaried, in-house real estate roles, such as property management, leasing administration, or appraisal staff positions at banks and developers, are more directly comparable to typical wage data; check current job postings for those specific titles for realistic pay ranges rather than relying on a broker "average" figure.
Disclaimer: real estate broker income depends heavily on individual transaction volume and market conditions. Treat any published salary figure for brokers with caution.
Is BS Real Estate Management Right for You?
Before committing to BSREM, weigh these questions:
- Do you want brokerage, appraisal, or consultancy specifically? RA 9646 licenses these as three distinct professions with separate exams; BSREM prepares you broadly, but your career path narrows once you pick which license to pursue.
- Are you comfortable with commission-based income? Independent brokerage work doesn't offer a fixed salary; if you need predictable income early in your career, a salaried in-house real estate role may suit you better while you build a client base.
- Could you take the non-BSREM path instead? If you already have another bachelor's degree, the 120-unit CPE route to the broker exam may be faster than starting a new four-year BSREM program.
- Have you checked your target school's practicum placement network? Since 250 hours of practicum must go through a real brokerage or property firm, ask prospective schools about their industry partnerships before enrolling.
Ready to find the right school? Browse schools or compare tuition and programs across hundreds of Philippine schools on SchoolFinderPH.
Sources
- CHED CMO No. 28, s. 2011 — Policies, Standards and Guidelines for BS Real Estate Management (Supreme Court E-Library)
- PRC — April 2026 Real Estate Brokers Licensure Examination Results
- PRC — April 2025 Real Estate Brokers Licensure Examination Results
- PRC — Real Estate Service Primer
- Lamudi — Top Philippine Schools Offering the BSc in Real Estate Management
- OEd — Online Bachelor of Science in Real Estate Management (Philippine Christian University)
- SchoolFinderPH — Real Estate Broker Exam Guide
- SchoolFinderPH — Highest-Paying Courses in the Philippines
- SchoolFinderPH — In-Demand Courses in the Philippines
