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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  

*Credits to PAREB National for the information.
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