A new proposal of Real Estate Degree according to Bolognia requirements Paloma Taltavull de La Paz International Economy Institute, University of Alicante, Spain Prepared to: 4th ERES Education Seminar Bucharest, 4-6, December, 2008

Index Why Bolognia process?

Similar design across Europe, at least, on the capabilities and habilities level.  To allow profesionals to move Cooperation among profesional bodies To guarantee the recognition of degrees To facilitate the free movements of students among Very intense regarding the Erasmus program Most countries are changing the structure of their University studies

Bolognia system… June, 1999 Bologna Declaration: EEHE (European Espace for Higher Education)Bologna Declaration Aim: to make EEHE more CCCA: compatible, comparable, competitive and attractive September, 2003 defining The Three Priorities : the degree system, quality assurance and recognition of degrees and study periods Lifelong Learning Programme

Aims.. Unify the structure of University studies: make the studies recognizable Allow students to ‘change’ among universities... Continuing education in any part of Europe Also each University basic study has to fit ‘professional competences’

Students mobility already exists

Real estate studies An opportunity for real estate education Strong need of education in the new era Need to develop knowledge Need to face and understand changes on the market Existing many professional competences across Europe Need to be related and coordinated Need to converge the technical and ethical rules, Research on real estate markets needs skilled people from the beginning

Multidisciplinar RE Education Multidisciplinary education: Law, Economics/ finance/ accounting, technical construction, technological tools Common core Intensity depending on the profession Much more difficult: changing world Changes on market: globalization International flow of capital to real estate Increasing regulations and knowledge: Specialised market From a technical to a business discipline Emphasis on business skills Real estate professions: Valuers, Surveyors, property/real estate managers, brokers, construction managers, RE advisors, RE finance

Design of RE education in Alicante University Four ‘pilars’: Construction technology To recognize building problems (not design, not interviene..) Economics, business and finance To know how the market works, techniques, finance, decission process Law …. Regulation Tools …. Information Technology, GIS On ‘basic’ knowledge Statistics, Mathematics, accounting Basic regulation, both national and European Basic IT Developing: knowledge (economics, law, etc) skills (presentation skills, negotiation skills, etc.) Attitude (honesty, politeness, etc.) Plus Competences : All previous contents related to the activities of the professional  What they do Aspects of the real estate business As stakeholders in the real estate market?

Design of RE education in Alicante University: The grade New Spanish High Education Act establishes, as official degree: Degree will have 240 ECTS credits 60 ECTS credits as ‘common core’ across Universities:.. Basic competences With ‘ Transversal’ knowledge 60 + another 60 ECTS… Certificate of basic Knowledge. Rest (120 ECTS) defined by each University.

Design of RE Studies in Alicante University: The grade Modules from other Universities

Design of RE education in Alicante University: The master for highest specialisation Very specialised.. 2 masters Valuation Construction management Based on Real Estate degree But compatible (with adaptation course) with the following degrees: Business, Economics Law Building engineering

The role of University cooperation Last 60 degrees, students could take the rest of the course in other University. Also masters could be shared by Universities Improve the University cooperation Exchanging staff Exchanging students Coordination of degrees: Joint degress Intensive modules across countries Specialisation by country Cooperation on master or doctorate

Professional competences Degree: property/real estate managers, brokers, construction managers, Máster: more specialised professions: Valuers/tasadores, Surveyors, RE advisors, RE finance

Conclusions Opportunity for create a ‘building’ in real estate studies across Europe Difficult...due to their multidisciplinarity Specialisation among European universities?? With increasing number of experiences in most European countries Need cooperation and knowledge transfer

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