the supply for real estate education in poland – the case of cracow university of e conomics

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The supply for Real Estate Education in Poland – the case of Cracow University of Economics Bartlomiej Marona [email protected] Cracow University of Economics Department of Real Estate and Investment Economics

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The supply for Real Estate Education in Poland – the case of Cracow University of E conomics Bartlomiej Marona [email protected]. Cracow University of Economics Department of Real Estate and Investment Economics. 'Modern University with a Rich Tradition'. - PowerPoint PPT Presentation

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Page 1: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

The supply for Real Estate Education in Poland – the

case of Cracow University of Economics

Bartlomiej [email protected]

Cracow University of EconomicsDepartment of Real Estate and Investment

Economics

Page 2: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

'Modern University with a Rich Tradition'

State university, established in 1925One of 5 state schools of economics in PolandOver 21,000 students681 instructors and professors (incl. 54 nominated professors)Large 17-acre campus in the heart of CracowModern and new infrastructureHigh position in rankings among Polish schools of business/economicsReputation among employers

Page 3: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

FacultiesFaculty of Economics and International RelationsFaculty of ManagementFaculty of FinanceFaculty of Commodity Science

Page 4: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Study programsAll levels

bachelormasterPhDpostgraduate professional

All formsdaytime studiesevening studiesweekend/extramural studies

Close to studentsKrakow campusDebica campusteaching centres in other towns

Page 5: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

The specialization – Real Estate Economy

Conducts by Department of Real Estate and Investment Economics

Place at the University Faculty - Economics and International RelationshipMajor - Economics

Page 6: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Specialisation - info

Form of studies: full time, evening and extramural

Lectures, classes and short trainingAbout 120 students per year at a full time

courseAbout 70 students per year at a extramural

courseFrom 1991 (earlier existed as Construction

Economics)

Page 7: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Universities which run Real Estate Economy

State-run SchoolsWarsaw - Warsaw

School of EconomicsLodz – University of LodzKrakow – Cracow

University of EconomicsOlsztyn – University of

Warmia and Mazury in Olsztyn

Katowice – University of Economics in Katowice

Poznan – Poznan University of Economics

Private (selected):Warszawa – Higher

School of Real Estate Management

Tarnow – Malopolska Higher School of Economics

Page 8: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Studies in Real Estate (graduate and postgraduate)Division into two cycles – Specialization

REE1st cycle consists of 6 semesters –

specialization from 4th semester2nd cycle consists of 4 semesters –

specialization from 2 semesterNumber of hours for specialization

subjectsB.A. - about 750 h (total: 1830 h)M.A. – about 345 h (total: 720 h)

Page 9: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Professional Activity in Real Estate Economy

Real estate agent, property manager, property valuer

Legal regulation: Act on Real Estate Management from August 21 of 1997

Since 2008 – new regulations abolishing state exam for real estate agent and property manager

Page 10: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Real Estate Agent and Manager - Requirements

Completion of studies in real estate economy or postgraduate studies for real estate agents and property manager

Six-month training/practiceWorking out example of transaction or

management plan Delivering documents to Qualification

CommitteePositive consideration - license

Page 11: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

No Courses - example Hours

1 Fundamentals of real estate brokerage & trading

2 State administration and public administrative organs

3 Concepts and definitions related to real property

4 Property law

5 Civil law relations

6 Real estate management

7 Spatial economy

8 Sources of information on real estates

9 Economic bases of the land market

10 Transactions on the land market

11 Notary public in real estate trading

12 Activities of a real estate broker

13 Administration and management of a real estate agency – business law

14 Financial law – taxes and fees in real estate trading

15 Fundamentals of civil engineering

16 Real estate management – selected problems

17 Real estate valuation – selected problems

  T o t a l 213

Minimum curriculum requirements – real estate agents

Page 12: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

No Course (example) Hours

1 Fundamentals of real estate management

2 State administration and public administrative organs

3 Concepts and definitions related to real property

4 Property law

5 Civil law relations

6 Real estate management

7 Spatial economy

8 Sources of information on real estates

9 Economic bases of the land market

10 Economic-financial planning and management

11 Taking over real estates

12 Residential property management

13 Non-residential property management

14 Organization of real estate management

15 Fundamentals of civil engineering

16 Real estate valuation – selected problems

17 Real estate management plans

  T o t a l 253

Minimum curriculum requirements for real estate managers

Page 13: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Real Estate Valuer - Requirments

Completion postgraduate studies of property value assessment

One-year trainingWorking out 15 valuation reports for

different propertiesState exam – written and oral parts

Page 14: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

No Courses (example) Hours1 Law

2 Spatial economy

3 Economic and financial matters

4 Technical and natural bases of real estate valuation

5 Information systems

6 Fundamentals of real estate valuation

7 Special valuations (including agricultural and forest properties)

8 Economic entity valuation

9 Real estate trading and management

10 Practical training and seminars

  Total 280

Minimum curriculum requirements for

real estate valuers

Page 15: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Potential Gap…

Selected UE Countries Real Estate Agents

PropertyManagers

Estate Agents /

10 000 citizens

Property Managers /

10 000 citizens

Denmark 3 223 4 500 5,97 8,3

France 25 000 10 000 4,14 1,6

Italy 5 0000 35 000 8,73 6,11

Netherlands 9 500 5 000 5,83 3,08

Austria 2 800 2 500 3,46 3,09

Spain 25 000 14 912 6,2 3,7

Germany 12 000 19 000 1,45 2,3

Ireland 5 000 200 12,5 0,5

Poland 7 450 15 020 1,93 3,89

Source: Author calculations based on Annual Report 2007, European Council of Real Estate Professions (CEPI)

Page 16: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Progress in licenses in Poland

Page 17: The supply  for Real Estate  Education  in Poland – the  case  of Cracow University of E conomics

Thank you

[email protected]