UNIVERSITY OF MIAMI JOINS PRESTIGIOUS UNIVERSITY REAL ESTATE PROGRAM
CCIM Institute Offers Accelerated Path to Certification for University’s Real Estate Program Graduates
Coral Gables, Fla. – February 9, 2011 – The University of Miami School of Business Administration today announced that the University has become a member of the prestigious Certified Commercial Investment Member (CCIM) University Fast Track Program, offered to select colleges and universities with Master’s programs in real estate. The new membership allows University of Miami MBA and Masters in Real Estate Development and Urbanism (MRED+U) graduates a chance to complete CCIM membership requirements in an accelerated and cost-effective way.
“The Fast Track program gives graduate real estate program alumni a leg up against the competition because they walk off campus having completed more than half of the two-year course requirements needed to take the certification exam,” said Matt Rotolante, president-elect for the CCIM Miami chapter. “Completing this amount of work on campus also saves students thousands of dollars as travel is required to find CCIM week-long courses.”
The new relationship is a testimony to the distinction of the University’s real estate programs, which join other prestigious CCIM Institute member institutions such as the Kellogg School of Management, MIT, and Johns Hopkins University.
“Our MBA and Masters in Real Estate Development and Urbanism programs have been heralded as the most comprehensive of their kind in South Florida, with the MRED+U offering a rare combination of studies in architecture and engineering, business administration and law,” said Andrea Heuson, professor of finance at the University of Miami School of Business Administration. “The new alliance with CCIM will give our students an edge in today’s competitive job market by offering a quicker route to a CCIM designation and access to a robust network of industry professionals and tools.”
As part of the CCIM relationship, University graduates have free access to new commercial real estate tools such as Site to Do Business (STDB), which typically costs $1,000 per month. Additional benefits to students include classroom presentations by members of the CCIM community who will share lessons from their real-world real estate analysis experience; access to real estate positions exclusively held for CCIM members; and admittance to CCIM conferences and networking events like the “2011 CCIM Real Estate Outlook Conference,” attended by UM students on January 19, 2011. Students also experience real estate education over a semester period versus the typical week-long CCIM course period.
Real Estate Education at the University of Miami School of Business
The University of Miami School of Business offers several graduate programs in real estate for students interested in pursuing leadership roles within the industry. In addition to the MRED+U, the School offers a Bachelor of Architecture/MBA (BArch/MBA) program in partnership with the School of Architecture, an MBA concentration in real estate, and an undergraduate real estate major.
The University of Miami School of Business Administration also has a Real Estate Programs Advisory Board which is chaired by Steve Witkoff, chairman and CEO of The Witkoff Group LLC, a New York City-based real estate investment firm. The board, made up of industry leaders throughout South Florida and the U.S., advises the School on the development of its real estate curriculum and is helping the School establish and promote a new Center for Real Estate Studies and Research. Read more: http://business.miami.edu/explore-the-school/real-estate/advisory-board/index.html.
For more information about the School’s Real Estate curriculum, please visit http://business.miami.edu/explore-the-school/real-estate/index.html.
About the University of Miami School of Business Administration
The University of Miami School of Business Administration is a leading business school, offering undergraduate business, full-time MBA, Executive MBA, MS, PhD and non-degree executive education programs. One of 12 colleges and schools at the University of Miami, the School is located in a major hub of international trade and commerce and acclaimed for the global orientation and diversity of its faculty, students and curriculum. The School delivers its programs at its main campus in Coral Gables as well as at locations across Florida and abroad. More information about the University of Miami School of Business can be found at www.bus.miami.edu.
CCIM designees live and work in the U.S., Canada, Mexico, and more than 35 other nations. International membership includes more than 1,000 professionals. Of the more than 150,000 commercial real estate professionals in the United States, only an estimated 6 percent hold the CCIM designation. CCIM members are responsible for an approximate US$400 billion annually of real estate transactions globally. CCIM Institute is a commercial affiliate of the National Association of Realtors. CCIM Institute is headquartered in Chicago, Illinois.