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V European Real Estate Society Education Seminar. The role of accreditation in real estate education Kaarel Sahk, Kalev Sepp and Peeter Torop. Accreditation – the bodies involved in. The parties interested in of contemporary development of accreditation are:
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VEuropean Real EstateSocietyEducation Seminar The role of accreditation in real estate education Kaarel Sahk, Kalev Sepp and Peeter Torop
Accreditation – thebodiesinvolvedin • The parties interested in of contemporary development of accreditation are: • Higher education establishments • Professional bodies • Entrepreneurs • Academically persons • Students • Market professionals • Specialized interest carriers
An interest of educationalbodies • Higher education establishments – why they are interested in ? • Ability to compete on the different levels of higher education(local, regional and international) • To follow up the contemporary needs of real estate market • To create an interest of future students • To create an interest of the former students (LLL)
An interest of professional bodis • Professional bodies – why they are interested in? • Who are the professional bodies involved in? • Why they are interested in • A need of highly educated workforce • A need to connect the professional certification with higher education requirements • A interest in of the permanent and continuous development of real estate education • The future development according the enough connection between different curricula
An interest of entrepreneurs • Entrepreneurs – why they are interested in? • A need of highly educated workforce • A need of permanet accounting of the real estate market condition changes • A need of highly professional market analysis • A need ofacademically foundation of the contemporary development valuation in the post crisis' situation • Ideas accordingthesustainability
An interest of academicallypersons • Academically persons – why they are interested in? • Their ability to compete on the higher education market will be valued andappraised • Their position in university will be more secured • They will be more attractive for the real estate market • Their image in the eyes of students will grow • Their international acceeptance will be more noteable
An interest of students • Students – why they are interested in? • They will have an opportunity to study and practice in the other universities • There will possible a cross accounting of the different subjects, studies and curricula • on the level of the university • on the level of the state • on the international level • Continuous studies are available in all Europe
An interest of market professionals • Market professionals – why they are interested in? • Theability for broader competition on the workforce market • The exist of higher education curricula responding to the market requirements • The ability of the subjects, studies and curricula to provide the LLL • The application of the system of the recognizing of earlier acquired knowledge and education
An interest of spezialized interests carriers • Specializedinterests carriers – why they are interested in? • The need to supply the legal requirements and procedures with educated workforce • A legal obligation to connect the local and European higher education spaces • The authorities responsibility to trust the society according the contemporary and future economics development • To prevent the future booms, bubbles and collapses
What must be followed? (1) • The three level accreditation procedure must bethe basic and ongoing • The outside accrediting bodies and their representers should be more kept posted up the subjects, studies and curricula built up and development • The local needs should serve as the fundamentals
What must be followed? (2) • The different types of modus vivendishould be accounted – we need a special approach • The hopes and notions are also nationality based – we need a special approach
What must be followed?(3) • The curricula shouldnot be high credit one if therefore exists a shortage of • Professional bodies acceptance • International connection • Links between similar and compeering curricula
The final results • Theroleoftheaccreditationis a satisfication • Ability of higher education institutions to provide the students beside the academically diploma with the professional certificateaccording the market based minmum requirements for the certificate of the current educatinal level