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Core Curriculum: The Fundamentals of Real Estate
The core course curriculum is designed to provide you with a broad and deep foundation that supports the concentration course work and serves you throughout your career. Core curriculum i.e. Tier-I and Tier-II courses are common for all the diploma programs whereas specialisation starts with the optional courses.
Tier I courses introduce real estate and impart an understanding of the legal and accounting environment in which transactions take place. You also work to improve your business communication and managerial skills.
Tier II courses build on the first tier. You examine the macro forces underlying current and future demand for the various forms of real estate and acquire the analytic tools requisite for valuing real estate assets. You also learn to analyze demand for a particular property type at a specific location and the options for financing that property. The Development Process course examines every phase of a real estate project development-from proposal to contracts and up to project completion.
Concentrations: Focusing on a Path
While the extensive core curriculum insures that IDS-NIREM graduates have a comprehensive understanding of real estate, the concentration requirement allows students to select an area of specialized expertise that differentiates them from generalists in the real estate industry. A concentration consists of two courses and includes a project work specific to area of concentration.
Real estate is an industry with many complex segments and a IDS-NIREM concentration often communicates that a graduate brings leadership and immediate value-add in that area of expertise. At the end of core curriculum, students, in consultation with their advisors, select a concentration from among the different areas. IDS-NIREM currently offers three concentrations in real estate, as given below:
Real Estate Development: This concentration offers the widest level of career choice and is therefore aimed at graduates who seek a generalist career in property business. This could allow students to obtain a grounding in a wide range of issues including development, management, investment and appraisal from the perspectives of owners, occupiers and advisors.
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