Business Administration Diploma: Real Estate Appraisal and Assessment Major, 2-year

Location(s): Lloydminster Campus, Face-to-Face (F2F), Blended, Online Synchronous

Print Degree Planner (opens a new window) |

This diploma program offers a variety of opportunities in highly specialized fields in both urban and rural settings. Typical positions include property tax assessment, which may be with a local municipality or private firm, public or private appraising, real estate, tax appeal agencies, and mortgage lending operations of financial institutions. Training in real estate, property valuation techniques, assessment principles, and integration of property valuation is combined with construction estimating, farmland evaluation, and general business courses. Computerized mass appraisal valuation of properties, which is becoming the industry standard, is emphasized.

Admission Requirements:

High school diploma with a minimum of 50% in:

English 30-1 or English 30-2
Math 30-1 or Math 30-2

Out-of-province applicants or those not meeting the admission requirements should refer to the Admissions section of the website.

Graduation Requirements:

Students completing the requirements with a minimum Grade Point Average (GPA) of 2.0 will be awarded a Business Administration: Real Estate Appraisal and Assessment major diploma.

Graduates will also receive a certificate in Real Property Assessment from the University of British Columbia.

Curriculum:

Year I Required Courses

AC 130 - Accounting I 3 Credits
AC 230 - Accounting II 3 Credits
BA 120 - Organizational Behaviour 3 Credits
CO 131 - Communications I 3 Credits
CO 231 - Communications II 3 Credits
CU 248 - Business Computer Applications 3 Credits
EC 111 - Microeconomics 3 Credits
EC 211 - Macroeconomics 3 Credits
MA 101 - Business Mathematics 3 Credits
MA 201 - Business Statistics 3 Credits
MK 170 - Marketing Principles 3 Credits

Total: 33 Credits

Year II Required Courses

AP 310 - Farmland Evaluation 3 Credits
AP 320 - Assessment Principles 3 Credits
AP 330 - Foundations of Real Estate Appraisal 3 Credits
AP 331 - Real Estate Investment Analysis and Advanced Income Appraisal 3 Credits
AP 344 - Statistical and Computer Applications in Valuation 3 Credits
AP 443 - Real Property Assessment Administration 3 Credits
AP 444 - Computer Assisted Mass Appraisal 3 Credits
CT 402 - Residential & Commercial Property Analysis 3 Credits
EC 300 - Urban & Real Estate Economics 3 Credits
LA 112 - Canadian Real Property Law and Real Estate Ethics 3 Credits

Total: 30 Credits

Notes:

Transferability:

The Business Department strives to award maximum transferability to Business students from other colleges. Completion of the first year of Business Administration from other post-secondary institutions may be accepted as credit towards the first year of the Real Estate Appraisal and Assessment major. Transfer credit will be granted for each course transferable to the Business Administration Real Estate Appraisal & Assessment major if the grade achieved is at least a C or its equivalent. Contact the enrolment specialist if you would like assistance requesting transfer credit approval.

Opportunities for Further Study:

Athabasca University

Bachelor of Commerce
Bachelor of Management - 3 year

NAIT

Bachelor of Business Administration - 3 year

Students wishing to transfer to another institution must ensure that they meet the admission requirements of that institution (i.e. minimum G.P.A.)

Career Designations:

Accredited Municipal Assessor of Alberta (AMAA) - Graduates are granted course exemption toward this designation.
Municipal Assessment Appraiser of Saskatchewan (MAAS) - Graduates are granted course exemption toward this designation.
International Association of Assessing Officers (IAAO) - Graduates are granted course exemption towards either the Residential Evaluation Specialist (RES) designation or the Certified Assessment Evaluator (CAE) designation.
The Appraisal Institute of Canada (AIC) - Offers a two-level designation, which includes the Canadian Residential Appraiser (CRA) designation and the Accredited Appraiser Canadian Institute (AACI) designation. Graduates are granted course exemption towards the CRA and other selected courses have been recognized toward the AACI designation.
Graduates are granted course exemptions towards the Canadian National Association of Real Estate Appraisers.