Graduates of Texas A&M University’s Mays Business School Master of Real Estate program from 2004 through the 2012 can now boast a more valuable degree: the program was recently approved by the Appraisal Qualifications Board of The Appraisal Foundation, a congressionally-authorized nonprofit organization that fosters professionalism among real estate appraisers by setting qualifications and standards.
The Mays program is one of two programs in the U.S. to receive approval thus far. “The significance of the certification approval is that it gives our students a real advantage in the job market,” says Cydney Donnell, executive professor of finance and director of real estate programs at Mays.
This seal of approval was created to simplify the appraiser certification process at the state level, as graduates from approved programs are guaranteed to have the required coursework needed for certification. The approval process benefits both state appraiser regulatory agencies in their review of an applicant’s qualifications as well as graduate degree applicants seeking a real property appraiser credential. “It is our hope that this program will relieve the burden on state regulators in reviewing transcripts submitted for credit towards a state credential. In addition, the program will assist graduates in obtaining credit for the work they have done to earn advanced degrees from these institutions,” said Gary Taylor, Chairman of the Appraiser Qualifications Board, the organization responsible for evaluating programs.
For more information
To learn more about the Mays Master in Real Estate program, visit mays.tamu.edu/mre.
For more information about the Appraisal Foundation, visit www.appraisalfoundation.org.