ARGUS Software, Inc., a global company specializing in commercial real estate software, recently gave a gift-in-kind worth $200,000 to Mays Business School at Texas A&M University. The gift provided 50 copies of their ARGUS Valuation DSC software, which students will be able to use in a campus computer lab.
“We wanted to give students the exposure to this software, as it’s the industry standard,” said Lynn Clark ’84, director of global training services at ARGUS. In commercial real estate firms, the Valuation DSC program is used to determine the value of assets during acquisition and create cash flow models for property.
Interim Dean Ricky Griffin expressed appreciation for this gift. “Mays Business School is very pleased that ARGUS is willing to partner with us to educate the next generation of real estate professionals. Their gift will be very useful to our students,” he said.
Cydney Donnell, professor of finance and director of the real estate program at Mays Business School, agrees that the gift from ARGUS is of great benefit to students. “Knowing how to use this program is part of a set of skills that will make them more employable,” she said. Donnell says that real estate students will be required to use the software for two classes for project analysis work.
Donnell noted that the program has always been available to students, but at a price most could not afford (a single license costs $3,995). The fact that students will now have access to the valuable program at no cost is significant.
Clark says that ARGUS is a supporter of education through its University Endowment Program, which provides gifts of software to schools that offer accredited real estate courses. Furthermore, the company always likes to assist A&M, as “we have a lot of Aggies at ARGUS,” said Clark. “We want to give them the tools to go out and find a great job.”
ARGUS Software provides universal software and service solutions that reveal, optimize and realize value for the commercial real estate industry. ARGUS Software’s products have become the industry standard and provide the complete solution for managing and growing a commercial real estate portfolio. More than 8,000 of the industry’s leading owners, managers, financial institutions, brokerages and REITs trust ARGUS Software solutions to improve the visibility and flow of information throughout their critical business processes. These processes include property management, asset valuation, portfolio management, budgeting, forecasting, reporting and lease management.
About Mays Business School
Mays Business School currently enrolls more than 4,000 undergraduate students and 875 graduate students. Mays is nationally ranked among public business schools for the quality of its undergraduate program, MBA program and the faculty scholarship of its 110 professors in five departments. Mays is home to the Texas Real Estate Center, the nation’s largest publicly funded real estate research organization. The center’s mission is conducting applied real estate related research and disseminating the results and findings to real estate practitioners and consumers.
Categories: Donors Corner