J OHNS H OPKINS U NIVERSITY The Edward St. John Department of Real Estate Michael A. Anikeeff

Accreditation: Recent Experience with the U.S Real Estate Programs

Background Society of Accredited Real Estate Programs –1999 to 2007 –UNI, Georgia State,Texas A&M –Cleveland State,NYU,JHU,EBS

ACCREDITATION Problem and need for SAREP –Business school tradition –New Multi disciplinary –different schools –Competing needs/power in university –SAREP accreditation for all programs

ACCREDITATION Why Accredit Educational Programs? Validate quality Incentive for self evaluation, improvement Share trends from other schools Engage academics, practitioners Get institutional support

ACCREDITATION Who Should Accredit Programs? US –Non government –Voluntary –Regional academic –State academic –Professional (100 real estate)

ACCREDITATION How to Accredit Programs? SAREP established 1999 AACSB based criteria Self study, site visit RE curriculum Fair distribution of part time faculty

ACCREDITATION SAREP An Assessment Formal organization No new members RICS Accreditation did not help UNI

ACCREDITATION Lessons Learned University accreditation applies to subordinate units No demand –RICS Industry 100 accreditations External $ helps