Phd candidate
Partially Remote (some attendance required)
B04-05373
35159 - 46759 GBP
Do you want to be part of the revolution to rethink asset value in real estate? Join us as a fully-funded doctoral candidate (DC) in the QuiVal doctoral network, where we learn, ideate and reimagine real estate asset value by drawing inspiration from quantum theories.
The Bartlett
We are The Bartlett, UCL’s global faculty of the built environment. Individually, our schools and sections lead their fields. In partnership, they develop new responses to pressing world issues. As a whole, they represent a world-leading, multidisciplinary faculty, united by the radical spirit of UCL. Our vision is of a world where everything that’s built aims to add to the well-being of people and the environment. Further information about The Bartlett School of Sustainable Construction (BSSC) can be found here: https://www.ucl.ac.uk/bartlett/construction/
Introduction to QuiVal:
To enhance the environmental progress of our cities, towns and communities, we need to fundamentally revisit the way that we define and measure the value of housing and real estate. Real estate constitutes of the buildings in a town, be it housing, offices, shops, warehouses, cinemas, etc. Unlike company shares and bonds, that are rather more liquid investable assets, real estate is not traded as frequently and is hard to price in. The market can be dominated by the same institutional investors that dominate the stock markets, however, the concept of value is important as prices do not often exist as an indicator of value.
About the role
This fully-funded doctoral PhD is part of a Marie Sklodowska Curie Action Doctoral Network, QuiVal, a programme funded by the European Union with the aim to develop a fundamentally new approach to real estate valuation, allowing the sector to rapidly transition towards a more sustainable, low carbon and circular future. This will be achieved through a transdisciplinary doctoral training programme across 8 universities and 14 industry partners, and including 13 doctoral candidates who will work, together and separately, to rethink the concept of value in illiquid assets.
The doctoral candidate will spend the majority of the funded three years at University College London in London, United Kingdom, but will also be funded for two periods on secondment to QuiVal partners, one to industry partner Southern Housing and the other to university partner Department of Architecture, University of Naples Federico II in Naples, Italy. There will also be significant opportunities for sharing knowledge and fostering discussions with the other 12 doctoral candidates, through five workshops and three summer schools. The doctoral candidates will also work together to collect data, and collaborate with stakeholders including a network of industry frontrunners who are partners in the programme, increasing understanding, research impact, and chances of employment in the real estate and related sectors.
The aim of this project is to provide innovate ways to assess asset value focussing on illiquid assets such as real estate and housing as part of an ecosystem and take into account the role real estate plays for the market players, the economy, and society. As well as a dissertation, and a number of academic papers, the project will produce an accessible report for real estate professionals.
The post holder will carry out research in the field of economics and finance applied to real estate markets. This is a fixed-term contract for 36 months.
Doctoral Candidates are paid a fixed salary during the fellowship with no annual increments and the current London Allowance, which qualifies for adjustments. There are 4 possible levels of basic salary, as shown in the table below, depending on whether the Fellow has dependents and if they opt out of the SAUL pension scheme. You can find out more about salaries for MSCA fellowships online here
About you
For your role in above research project, we are looking for a doctoral candidate who has:
- An MSc degree with a background in finance, economics, statistics, data science, real estate economics, real estate finance, architecture, engineering, spatial planning, urban and regional economics.
- Strong skills in econometric techniques and programming;
- Proficiency in English speaking, reading and writing, (preferred);
- Desire to develop a career in academia and publish in top tier journals
- Good communicative and entrepreneurial skills, independent attitude paired with an ability to work in a research team
- Able to lead in research and involve the research team and industrial partners in knowledge co-creation and sharing activities.
Eligibility Criteria:
Further information on Marie Skłodowska-Curie Actions (MSCA) fellowships and Eligibility Criteria can be found here: https://www.ucl.ac.uk/research-innovation-services/award-services/managing-funding/marie-sklodowska-curie-actions
Your application will be assessed based on how well the criteria in the person specification are met using examples to demonstrate this. Please read the Candidate Guidance document below.
A cover letter is required which addresses the criteria in the person specification.
For further details including a job description and person specification, please click ‘Apply Now’.
Closing Date: 24-OCT-2024 – 23:59 (Europe/London time)
What we offer
As well as the exciting opportunities this role presents, we also offer great benefits. Please visit https://www.ucl.ac.uk/work-at-ucl/rewards-and-benefits to find out more.
Our commitment to Equality, Diversity and Inclusion
As London’s Global University, we know diversity fosters creativity and innovation, and we want our community to represent the diversity of the world’s talent. We are committed to equality of opportunity, to being fair and inclusive, and to being a place where we all belong.
We therefore particularly encourage applications from candidates who are likely to be underrepresented in UCL’s workforce.
These include people from Black, Asian and ethnic minority backgrounds; disabled people; LGBTQI+ people; and for our Grade 9 and 10 roles, women.
You can read more about our commitment to Equality, Diversity and Inclusion here: https://www.ucl.ac.uk/equality-diversity-inclusion/
Available documents
Attached documents are available under links. Clicking a document link will initialize its download.
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