Essential Elements for a Highly Successful Graduate Real

Essential Elements for a Highly Successful Graduate Real Estate Program: The Stakeholders Have Spoken Elaine Worzala Clemson University Charles Tu Lauren Lukens University of San Diego Margot Weinstein MW Leadership Consultants LLC The Annual Meeting of the European Real Estate Society Stockholm, Sweden

Motivation of Study Academic and industry divide typically tries to bridge through research n Best practices as far as bringing the industry to the students n Improve graduate RE education n Authors build on extensive former research in field n 2

Research Question What elements make up a top graduate real estate program that enhances practice? 3

Research Methodology Survey created on www. surveymonkey. com n Program directors/department chairs invited to participate in online survey n Link to online survey forwarded to stakeholders: n Faculty and administrators n Current Students n Alumni n Board members n Likert Scale 1 to 5, 5=Very Important n 970 responses collected n 4

Participating Schools Arizona State University Clemson University Cleveland State University Cornell University Florida International Univ. Georgia State University Harvard University Indiana University John Marshall Law School Johns Hopkins University MIT Northwestern University New York University Ohio State University De. Paul University Roosevelt University Texas A&M University of CA - Irvine University of CA – LA University of NC Charlotte Univ. of British Columbia University of Cincinnati University of Denver University of Illinois-Chicago University of Maryland University of Northern Texas University of San Diego University of Wisconsin Univ. of Texas-San Antonio 5

Type of Program (n=970) 6

Type of Respondent (n=970) 7

Question 1 in the Appendix Average Rating of the Alternative Courses (Likert scale 5= very important 8

Average Rating of the Alternative Courses by Type of Program (Likert scale 5= very important) 9

Average Rating of the Alternative Courses by Type of Respondent (Likert scale 5= very important) 10

Question 2 in the Appendix Average Rating for Course Delivery Options (Likert scale 5= very important) 11

Average Rating for Course Delivery Options by Type of Program (Likert scale 5= very important) 12

Average Rating for Course Delivery Options by Type of Respondent (Likert scale 5= very important) 13

Question 3 in the Appendix Average Rating for Technical Training Alternatives (Likert scale 5= very important) 14

Average Rating for Technical Training Alternatives by Type of Program (Likert scale 5= very important) 15

Average Rating for Technical Training Alternatives by Type of Respondent (Likert scale 5= very important) 16

Question 4 in the Appendix Average Rating of Extracurricular Activities (Likert scale 5= very important) 17

Average Rating of Extracurricular Activities by Type of Program (Likert scale 5= very important) 18

Average Rating of Extracurricular Activities by Type of Respondent (Likert scale 5= very important) 19

Question 5 in the Appendix Average Rating of Student Services Alternatives for all Respondents (Likert scale 5= very important) 20

Average Rating of Student Services Alternatives by Type of Program (Likert scale 5= very important) 21

Average Rating of Student Services Alternatives by Type of Respondent (Likert scale 5= very important) 22

Question 6 in the Appendix Average Rating of Faculty Qualifications/Experience (Likert scale 5= very important) 23

Average Rating of Faculty Qualifications/Experience by Type of Program (Likert scale 5= very important) 24

Average Rating of Faculty Qualifications/Experience by Type of Respondent (Likert scale 5= very important) 25

Question 7 in the Appendix Average Rating of Skills and Competencies (Likert scale 5= very important) 26

Average Rating of Skills and Competencies by Type of Program (Likert scale 5= very important) 27

Average Rating of Skills and Competencies by Type of Respondent (Likert scale 5= very important) 28

Question 8 in Appendix Average Rating of Indicators for a Successful Program (Likert scale 5= very important) 29

Average Rating of Indicators for a Successful Program by Type of Program (Likert scale 5= very important) 30

Average Rating of Indicators for a Successful Program by Type of Respondent (Likert scale 5= very important) 31

Opportunities to Expand Educational Research • ERES Educational Conference • • • Vienna, Austria, Dec 4, 2009 http: //www. eres. org/ ARES Educational Track • • • Naples, FL, April 14 -17, 2009 www. aresnet. org Real Estate Directors and Chair holders Association (RECDA) 32