The New Technologies in Masters of Real Estate Sciences

1. The New Technologies in Masters of Real Estate Sciences Elena De la Poza elpopla@esp.upv.es Cergy-Pontoise December 2007

2. How is the educational system in Spain nowadays? • Accredited Masters of Real Estate by RICS in Spain. • Who is interested in Real Estate Masters? • Application of New Technologies • Short-run future interests of the Master.

3. The first edition of the Masters of Real Estate Sciences was in 2000-2001 at Polytechnic University of Valencia (INECO (Center for the Economic Engineering)) • At the beginning (2000) the Master was taught in joint partnership with Nottingham Trent University (UK) • Since 2005, there has been a partnership of some lecturers of NTU in the Masters, but not an institutional relationship between the universities.

4. How is the educational system in Spain nowadays? • Bachelor Degree…….Masters • The Masters of Real Estate Sciences are oriented specially for two kind of students: • Those who have a Bachelor in Business and management/ Economics. • Those who are Civil Engineers or Architects

5. Accredited Masters of Real Estate by RICS in Spain • In Spain, there are only 2 Masters of Real Estate Sciences Accredited by RICS. • The Master offered by Polytechnic University of Valencia. (e-learning) • The Master offered by IE (attendance is mandatory).

6. Who is interested in Real Estate Masters? • According to our experience, most of students are already working on real estate market when they begin the Masters. 85%. • The firms are very interested in the skills of their employees and in their RICS accreditations. • During the course 2007-2008, 42% of students have received financial help from their firms to pay the Masters.

7. Who is interested in Real Estate Masters? Most of the times the student had to choose between: • Study • Work This has been the main point to develop a Master based on the e-learning. We consider, the Master is an important tool and a warranty of the student’s professional career progress.

8. Application of New Technologies • The success of the masters is based on the use of e-learning system. • The via of the communication between students, lecturers and staff management is Internet, through a “platform” • http://upv-ineco.gioupm.com • In addition the student has to attend to mandatory classes twice during the year. The student knows these dates in advance.

9. Why to apply New Technologies? • Between the difficulties a Master’s student finds are: • Their location: • They live far away from Valencia • They work abroad or they travel constantly • Time: • Even if the student could attend to class, it is impossible for him to follow the class • Economical reasons: • E-learning is cheaper.

10. E-learning solve all this problems, since the student can access on line to the masters resources any place and any time.

11. Short-run future interests of the Master. • The main Masters’ goal is to promote the cross-national e-learning Masters in Real Estate . • We are looking for European Universities partners. • We are interested in the Erasmus Mundus masters.

12. Thank you !