CMO 28: Policies, Standards and Guidelines for Bachelor of Science in Real Estate Management (BS REM)
CHED MEMORANDUM ORDER (CMO) No. 28
Series of 2011
Governing Laws:
RA 7722 - Higher Education Act of 1994
RA 9646 - Real Estate Service Act of 2009
Program Description:
BS REM Program aims to prepare the graduates for a career in the field of Real Estate Management in various corporations and institutions, whether in the practice of salesmanship, brokerage, appraisal and consultancy, including the local government practice of assessors and appraisers. It prepares students to be pro-active and responsive to the total environment by providing technical, interpersonal and conceptual skills in the areas of real estate management. Theory is blended with practicum activities to give the students a broad and enriched base for a career in real estate service practice.
Purpose of the Program:
To develop a corps of technically competent, responsible and respected real estate service practitioners, whose standards of practice and service shall be globally competitive and will promote the growth of the real estate industry.
Objectives:
1. Provide complete understanding of the concepts, principles, theories and philosophies of business, management, finance, economics, operations and marketing, as applied to real estate service practice.
2. Assist students to seek employment and facilitate the integration process in the real estate corporate environment and local government so they can be immediately productive in the workplace.
3. Help the students to seek employment and entry level jobs as entrepreneurs, marketing executives or positions of responsibility as real estate brokers, appraisers and consultants.
4. Prepare students to formulate real estate project feasibility studies and other related works to build a portfolio attesting to their competence and ability to pursue appropriate careers in the real estate management practice.
5. Prepare civil servants to discharge their functions, duties and responsibilities as government appraisers and assessors of public domain for taxation and other public service purposes.
Professions, Careers Occupation or Trades applicable to BS REM Graduates:
Entry Level Jobs per area of specialization
Real Estate Brokerage
Entrepreneur
Management Trainee in Real Estate Brokerage
Marketing Assistant
Salesperson
Executive Assistant
Real Estate Marketing Assistant
Real Estate Marketing Management Trainee
Real Estate Junior Sales Trainee
Accounts Personnel
Credit and Collection Assistant
Real Estate Appraiser
Entrepreneur
Management Trainee in Real Estate Appraisal
Appraisal Assistant
Administrative Assistant
Executive Assistant
Real Estate Junior Appraisal Trainee
Credit and Collection Assistant
Real Estate Appraisal Analyst
Real Estate Consultant
Entrepreneur
Management Trainee in Real Estate Consultancy
Office Assistant
Administrative Assistant
Real Estate Consultant Assistant
Executive Assistant
Real Estate Junior Consultancy Trainee
New Account Personnel
Credit and Collection Assistant
Entry level jobs in national/ local governments
Local Government Assessor
Office Assistant
Administrative Assistant
Municipal Government Assessor
Municipal Government Assistant Assessor
City Government Assessor
City Government Assistant Assessor
Provincial Government Assessor
Provincial Government Assistant Assessor
Local Assessor Officer
Administrative Assistant in the Assessor's Office
Curriculum Outline:
General Education Courses (GE) - 51 units
Basic Business Core - 21 units
Management Education Core - 18 units
Professional Courses - 39 units
Electives - 15 units
Practicum - 6 units
PE/NSTP - 14 units
Basic Business Core Courses:
Management
Marketing
Accouting
Business Communication
Finance
Computer II
Management Education Core:
Economics
Accounting II
Business Law
Taxation
Human Resource Management
Corporate Social Responsibility and Good Governance
Professional Courses:
Fundamentals of Real Estate Management
Real Estate Marketing and Brokerage
Legal Aspects of Real Estate
Real Estate Consulting
Real Estate Planning and Development
Real Estate Appraisal and Property Management
Real Estate Consulting and Investment Analysis
Principles of Ecology
Appraisal and Assessment in the Government Sector
Property Management System
Real Estate Finance
Ethical Standards for Real Estate Practice
Real Estate Economics
Electives:
Human and Physical Geography
Real Estate Brokerage
Housing and Subdivision Development
Consulting for Specific Engagements
Condominium Concept and Other Specialized Development
Internet Technology in Real Estate