Real Estate Appraiser Education Programs, Study notes of Financial Management

The education courses required for various real estate appraiser programs at different universities. The courses cover topics such as appraisal principles, procedures, finance, statistics, valuation modeling, market analysis, and income approach. Some universities offer Master of Science or Master of Business Administration degrees with a concentration in real estate, while others offer a Master of Real Estate. The document also mentions that some courses can be waived or satisfied by taking equivalent courses at other universities.

Typology: Study notes

2021/2022

Uploaded on 05/11/2023

anuprabha
anuprabha 🇺🇸

4.4

(18)

237 documents

1 / 1

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
University MAI Path Education Courses Waived MAI Path Remaining Education Courses Name of Program
Johns Hopkins University
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General
Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General
Appraiser Report Writing & Case Studies ; Advanced Income Capitalization; Advanced Market
Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative
Analysis
None Master of Science in Real Estate
University of Denver (also
approved by AQB)
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General
Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; Advanced
Income Capitalization; Advanced Market Analysis and Highest and Best Use; Advanced Concepts
& Case Studies; and Quantitative Analysis.
Note.
General Appraiser Report Writing and Case
Studies is satisfied by taking Advanced Valuation & Report Writing at the U. of Denver.
None
Master of Business Administration (Real Estate concentration)
Master of Science in Real Estate Construction
Master of Science in Executive Real Estate Construction Management (online program)
Virginia Commonwealth
University
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General
Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General
Appraiser Report Writing & Case Studies ; Advanced Income Capitalization; Advanced Market
Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative
Analysis
None Master of Science in Business with a concentration in Real Estate Valuation
Texas A&M (also approved by
AQB)
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General
Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General
Appraiser Report Writing & Case Studies ; Advanced Income Capitalization; Advanced Market
Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative
Analysis
None Master of Real Estate
European Business School
(EBS)
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Income Approach/Part I; General Appraiser Income Approach/Part II; General Appraiser Report
Writing & Case Studies; and Advanced Income Capitalization
Take and pass exams for:
General Appraiser Sales Comparison Approach; General Appraiser
Site Valuation & Cost Approach; Advanced Market Analysis and Highest and Best Use; Advanced
Concepts and Case Studies; and Quantitative Analysis
Master of Finance, Accounting and Real Estate
University of San Diego
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General
Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; Advanced
Income Capitalization; Advanced Market Analysis and Highest and Best Use; Advanced Concepts
& Case Studies; and Quantitative Analysis
Take and pass exam for:
General Appraiser Report Writing and Case Studies
Master of Science in Real Estate
University of Flor ida
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General
Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General
Appraiser Report Writing & Case Studies; Advanced Income Capitalization; and Quantitative
Analysis
Take and pass exams for:
Advanced Market Analysis and Highest and Best Use; Advanced
Concepts and Case Studies
Master of Science in Real Estate
American University
General Appraiser Market Analysis and Highest and Best Use; General Appraiser Site Valuation
& Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income
Approach/Part II; Advanced Income Capitalization; and Advanced Market Analysis and Highest
and Best Use.
Note: AU's
Corporate Valuation Strategies
satisfies
Basic Appraisal
Principles
AND
Basic Appraisal Procedures;
AU's
Quantitative Methods
satisfies Real Estate
Finance, Statistics, Valuation Modeling
AND
Quantitative Analysis
.
Take and pass exams for:
General Appraiser Sales Comparison Approach; General Appraiser
Report Writing and Case Studies; and Advanced Concepts and Case Studies
Master of Science in Real Estate
University of Wisconsin,
Madison
General Appraiser Income Approach Part 1, General Appraiser Income Approach Part 2;
Advanced Income Capitalization; General Appraiser Market Analysis and Highest & Best Use;
Advanced Market Analysis & Highest & Best Use; Basic Appraisal Principles; Basic Appraisal
Procedures; Real Estate Finance, Statistics, and Valuation Modeling; and Quantitative Analysis.
Note:
UWM's RE 750 Commercial Property Development + RE 765 International Real
Estate
satisfies General Appraiser Site Valuation and Cost Approach.
Take and pass exams for:
General Appraiser Sales Comparison Approach; Advanced Concepts
& Case Studies; and General Appraiser Report Writing and Case Studies
Master of Business Administration (Real Estate concentration)
Master of Global Real Estate
University of Utah
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser
Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General
Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General
Appraiser Report Writing & Case Studies ; Advanced Income Capitalization; Advanced Market
Analysis and Highest and Best Use; and Advanced Concepts & Case Studies.
Note.
Quantitative
Analysis may be satisfied via a
graduate level economics, econometrics, or statistical
cours e.
Take and pass exams for:
Quantitative Analysis.
Master in Real Estate Development
University of Hong Kong, Hong
Kong
RECO6015. Real estate investment and the Capital Markets = General Appraiser Income
Approach/ Part 1; General Appraiser Income Approach/ Part 2; and Advanced Income
Capitalization (3 courses).• RECO6047. Research Methods and RECO6017. Project Finance (2
courses) = Real Estate Finance, Statistics and Valuation Modeling and Quantitative Analysis (2
courses).• RECO6016. Land Economics = General Appraiser Market Analysis and Highest &
Best Use and Advanced Market Analysis and Highest & Best Use (2 courses).• RECO6004.
Construction Economics = General Appraiser Site Valuation and Cost Approach• RECO7076.
Property Valuation (Principles and Practices) = Basic Appraisal Principles and Basic Appraisal
Procedures (2 courses).
Take and pass exams for:
General Appraiser Sales Comparison Approach; Advanced Concepts
& Case Studies; and General Appraiser Report Writing and Case Studies
Master of Science Degree in Real Estate
Baruch College, The City
University of New York
Real Estate Finance, Statistics, Valuation Modeling; Quantitative Analysis; General Appraiser
Income Approach/Part I; General Appraiser Income Approach/Part II; Advanced Income
Capitalization; General Appraiser Site Valuation & Cost Approach
Note: 1. BC's ECO 9774
Economics of Urban Areas (elective)
satisfies
Advanced Market Analysis and Highest and
Best Use
AND
General Appraiser Market Analysis and Highest and Best Use.
2
. BC's
RES9800 Real Estate Valuation and Market Analysis (elective)
satisfies Basic Appraisal
Principles; Basic Appraisal Procedures;
AND
General Appraiser Market Analysis and Highest
and Best Use.
3. BC's undergraduate courses, E CO 4000 ECO Statistical Analysis for
Economics
OR
ECO 4051 Financial Econometrics
satisfy General Appraiser Sales
Comparison Approach.
Take and pass exams for:
General Appraiser Report Writing & Case Studies; Advanced
Concepts & Case Studies; and General Appraiser Sales Comparison Approach (
may be
satisfied: see Note No. 3)
.
Master of Science Degree in Real Estate
Renmin University
Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation
Modeling; General Appraiser Sales Comparison Approach; General Appraiser Income
Approach/Part I; General Appraiser Income Approach/Part II; and Quantitative Analysis.
Take and pass exams for:
General Appraiser Report Writing & Case Studies; Advanced
Concepts & Case Studies; and General Appraiser Site Comparison Approach; and General
Appraiser Market Analysis and Highest and Best Use.
Master of Economics in Real Estate
Roosevelt University
Advanced Income Capitilization satisfied by REES 411-Real Estate Finance and Investments;
Advanced Market Analysis & Highest and Best Use satisfied by REES 405 Urban Land
Economics
and
REES 441 Real Estate Design and Feasibility; Quantitative Analysis satisfied by
REES 402 Quantitative Methods in Real Estate; Real Estate Finance, Statistics and Valuation
Modeling satisfied by REES 411-10 Real Estate Finance and Investment
and
REES 402-10
Quantitative Methods in Real Estate; General Appraiser Market Analysis and Highest and Best
Use satisfied by REES 441-10 Real Estate Design Feasibility
and
REES 405-10 Ur ban Land
Economics
and
REES 481-10 Real Estate Development; General Appraiser Income Approach,
Parts 1 and 2 satisfied by REES 411-10 Real Estate Finance and Investments; Basic Appraisal
Procedures and Basic Appraisal Principles satisfied by REES 415-10 Real Estate Valuation;
General Appraiser Site Valuation and Cost Approach satisfied by REES 441-10 Real Estate
Design and Feasibility,
and
REES 461 Project and Construction Management
and
REES 481-
10 Real Estate Development
Take and pass exams for:
Advanced Concepts and Case Studies, General Appraiser Report
Writing and Case Studies, General Appraiser Sales Comparison Approach, General Appraiser
Report Writing and Case Studies
Master of Science in Real Estate

Partial preview of the text

Download Real Estate Appraiser Education Programs and more Study notes Financial Management in PDF only on Docsity!

University MAI Path Education Courses Waived MAI Path Remaining Education Courses Name of Program

Johns Hopkins University

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General Appraiser Report Writing & Case Studies; Advanced Income Capitalization; Advanced Market Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative Analysis

None Master of Science in Real Estate

University of Denver (also approved by AQB)

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; Advanced Income Capitalization; Advanced Market Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative Analysis. Note. General Appraiser Report Writing and Case Studies is satisfied by taking Advanced Valuation & Report Writing at the U. of Denver.

None

Master of Business Administration (Real Estate concentration) Master of Science in Real Estate Construction Master of Science in Executive Real Estate Construction Management (online program)

Virginia Commonwealth University

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General Appraiser Report Writing & Case Studies; Advanced Income Capitalization; Advanced Market Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative Analysis

None Master of Science in Business with a concentration in Real Estate Valuation

Texas A&M (also approved by AQB)

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General Appraiser Report Writing & Case Studies; Advanced Income Capitalization; Advanced Market Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative Analysis

None Master of Real Estate

European Business School (EBS)

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General Appraiser Report Writing & Case Studies; and Advanced Income Capitalization

Take and pass exams for: General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; Advanced Market Analysis and Highest and Best Use; Advanced Concepts and Case Studies; and Quantitative Analysis Master of Finance, Accounting and Real Estate

University of San Diego

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; Advanced Income Capitalization; Advanced Market Analysis and Highest and Best Use; Advanced Concepts & Case Studies; and Quantitative Analysis

Take and pass exam for: General Appraiser Report Writing and Case Studies Master of Science in Real Estate

University of Florida

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General Appraiser Report Writing & Case Studies; Advanced Income Capitalization; and Quantitative Analysis

Take and pass exams for: Advanced Market Analysis and Highest and Best Use; Advanced Concepts and Case Studies Master of Science in Real Estate

American University

General Appraiser Market Analysis and Highest and Best Use; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; Advanced Income Capitalization; and Advanced Market Analysis and Highest

and Best Use. Note: AU'sCorporate Valuation Strategies satisfies Basic Appraisal

Principles AND Basic Appraisal Procedures ; AU'sQuantitative Methods satisfies Real Estate

Finance, Statistics, Valuation Modeling AND Quantitative Analysis.

Take and pass exams for: General Appraiser Sales Comparison Approach; General Appraiser Report Writing and Case Studies; and Advanced Concepts and Case Studies

Master of Science in Real Estate

University of Wisconsin, Madison

General Appraiser Income Approach Part 1, General Appraiser Income Approach Part 2; Advanced Income Capitalization; General Appraiser Market Analysis and Highest & Best Use; Advanced Market Analysis & Highest & Best Use; Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, and Valuation Modeling; and Quantitative Analysis. Note: UWM's RE 750 Commercial Property Development + RE 765 International Real Estate satisfies General Appraiser Site Valuation and Cost Approach.

Take and pass exams for: General Appraiser Sales Comparison Approach; Advanced Concepts & Case Studies; and General Appraiser Report Writing and Case Studies

Master of Business Administration (Real Estate concentration) Master of Global Real Estate

University of Utah

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Market Analysis and Highest and Best Use; General Appraiser Sales Comparison Approach; General Appraiser Site Valuation & Cost Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; General Appraiser Report Writing & Case Studies; Advanced Income Capitalization; Advanced Market Analysis and Highest and Best Use; and Advanced Concepts & Case Studies. Note. Quantitative Analysis may be satisfied via a graduate level economics, econometrics, or statistical course.

Take and pass exams for: Quantitative Analysis. Master in Real Estate Development

University of Hong Kong, Hong Kong

RECO6015. Real estate investment and the Capital Markets = General Appraiser Income Approach/ Part 1; General Appraiser Income Approach/ Part 2; and Advanced Income Capitalization (3 courses).• RECO6047. Research Methods and RECO6017. Project Finance ( courses) = Real Estate Finance, Statistics and Valuation Modeling and Quantitative Analysis ( courses).• RECO6016. Land Economics = General Appraiser Market Analysis and Highest & Best Use and Advanced Market Analysis and Highest & Best Use (2 courses).• RECO6004. Construction Economics = General Appraiser Site Valuation and Cost Approach• RECO7076. Property Valuation (Principles and Practices) = Basic Appraisal Principles and Basic Appraisal Procedures (2 courses).

Take and pass exams for: General Appraiser Sales Comparison Approach; Advanced Concepts & Case Studies; and General Appraiser Report Writing and Case Studies Master of Science Degree in Real Estate

Baruch College, The City University of New York

Real Estate Finance, Statistics, Valuation Modeling; Quantitative Analysis; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; Advanced Income Capitalization; General Appraiser Site Valuation & Cost Approach Note: 1. BC's ECO Economics of Urban Areas (elective) satisfies Advanced Market Analysis and Highest and

Best Use AND General Appraiser Market Analysis and Highest and Best Use. 2. BC's

RES9800 Real Estate Valuation and Market Analysis (elective) satisfies Basic Appraisal

Principles; Basic Appraisal Procedures; AND General Appraiser Market Analysis and Highest

and Best Use. 3. BC's undergraduate courses, ECO 4000 ECO Statistical Analysis for

EconomicsOR ECO 4051 Financial Econometrics satisfy General Appraiser Sales

Comparison Approach.

Take and pass exams for: General Appraiser Report Writing & Case Studies; Advanced Concepts & Case Studies; and General Appraiser Sales Comparison Approach (may be satisfied: see Note No. 3).

Master of Science Degree in Real Estate

Renmin University

Basic Appraisal Principles; Basic Appraisal Procedures; Real Estate Finance, Statistics, Valuation Modeling; General Appraiser Sales Comparison Approach; General Appraiser Income Approach/Part I; General Appraiser Income Approach/Part II; and Quantitative Analysis.

Take and pass exams for: General Appraiser Report Writing & Case Studies; Advanced Concepts & Case Studies; and General Appraiser Site Comparison Approach; and General Appraiser Market Analysis and Highest and Best Use.

Master of Economics in Real Estate

Roosevelt University

Advanced Income Capitilization satisfied by REES 411-Real Estate Finance and Investments; Advanced Market Analysis & Highest and Best Use satisfied by REES 405 Urban Land

Economics and REES 441 Real Estate Design and Feasibility; Quantitative Analysis satisfied by

REES 402 Quantitative Methods in Real Estate; Real Estate Finance, Statistics and Valuation

Modeling satisfied by REES 411-10 Real Estate Finance and Investment and REES 402-

Quantitative Methods in Real Estate; General Appraiser Market Analysis and Highest and Best

Use satisfied by REES 441-10 Real Estate Design Feasibility and REES 405-10 Urban Land

Economics and REES 481-10 Real Estate Development; General Appraiser Income Approach,

Parts 1 and 2 satisfied by REES 411-10 Real Estate Finance and Investments; Basic Appraisal Procedures and Basic Appraisal Principles satisfied by REES 415-10 Real Estate Valuation; General Appraiser Site Valuation and Cost Approach satisfied by REES 441-10 Real Estate

Design and Feasibility, and REES 461 Project and Construction Management and REES 481-

10 Real Estate Development

Take and pass exams for: Advanced Concepts and Case Studies, General Appraiser Report Writing and Case Studies, General Appraiser Sales Comparison Approach, General Appraiser Report Writing and Case Studies

Master of Science in Real Estate