Slide 1 - Eres Digital Library

Document Sample
Slide 1 - Eres Digital Library Powered By Docstoc
					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
   Best practices as far as bringing the industry to
    the students
   Improve graduate RE education
   Authors build on extensive former research in
    field



                            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
   Program directors/department chairs invited to
    participate in online survey
   Link to online survey forwarded to stakeholders:
      Faculty and administrators
      Current Students
      Alumni
      Board members
   Likert Scale 1 to 5, 5=Very Important
   970 responses collected
                                                   4
               Participating Schools
Arizona State University      Roosevelt University
Clemson University            Texas A&M University
Cleveland State University    University of CA - Irvine
Cornell University            University of CA – LA
Florida International Univ.   University of NC Charlotte
Georgia State University      Univ. of British Columbia
Harvard University            University of Cincinnati
Indiana University            University of Denver
John Marshall Law School      University of Illinois-Chicago
Johns Hopkins University      University of Maryland
MIT                           University of Northern Texas
Northwestern University       University of San Diego
New York University           University of Wisconsin
Ohio State University         Univ. of Texas-San Antonio
DePaul University                                          5
                      Type of Program
                          (n=970)



                                    Masters outside of
Masters in Business                 Business School,
  School, 63.8%                          20.0%




                                               MBA 16.2%




                                                           6
 Type of Respondent
              (n=970)



                             Board Members, 4%
Alumni, 35%

                                              Faculty &
                                            Administrators,
                                                13%




                  Students
                    48%




                                                              7
      Question 1 in the Appendix
Average Rating of the Alternative Courses
                             (Likert scale 5= very important


5.00   4.80
              4.51 4.51 4.42
                             4.38 4.36 4.29
                                            4.24 4.18
4.00                                                    3.88
                                                               3.74
                                                                      3.63 3.54 3.54
                                                                                     3.44 3.44 3.40
                                                                                                      3.18 3.16
                                                                                                                  3.05 3.05
3.00




2.00




1.00




-
        b      e    k    h     j   a    d    f    t       i      l     o    n    p    q    c    s      u    g      r    m



                                                                                                                              8
   Average Rating of the Alternative Courses
             by Type of Program
                       (Likert scale 5= very important)
5.00




4.00




3.00




2.00




1.00




0.00
       a   b   c   d   e   f     g   h        i       j       k    l       m        n       o       p     q   r   s   t   u

                               MBA       MS in Bus ines s School       MS outs ide of Bus ines s School
                                                                                                                              9
Average Rating of the Alternative Courses
         by Type of Respondent
                      (Likert scale 5= very important)


 5.00


 4.00


 3.00


 2.00


 1.00


 -
        a   b     c     d    e    f      g   h   i     j    k   l   m   n   o    p   q   r   s   t   u

                Faculty/Administrators               Students           Alumni           Board Members



                                                                                                         10
       Question 2 in the Appendix
Average Rating for Course Delivery Options
               (Likert scale 5= very important)


 5.00



 4.00   3.77     3.67     3.58     3.54


 3.00
                                            2.66

                                                   2.24

 2.00



 1.00



 -
         a        e        f        d        b      c




                                                          11
 Average Rating for Course Delivery Options
            by Type of Program
                 (Likert scale 5= very important)

5.00



4.00



3.00



2.00



1.00



0.00
       a          b                 c              d                  e    f

           MBA     MS in Business School   MS outside of Business School



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


  5.00


  4.00


  3.00


  2.00


  1.00


  0.00
         a                   b        c          d            e            f

             Faculty/Administrators   Students       Alumni       Board Members



                                                                                  13
          Question 3 in the Appendix
Average Rating for Technical Training Alternatives
                 (Likert scale 5= very important)


   5.00   4.76

                      4.25

   4.00
                                  3.51
                                             3.38
                                                    3.25

   3.00



   2.00



   1.00



    -
           c           a           b          d      e




                                                           14
Average Rating for Technical Training Alternatives
              by Type of Program
                 (Likert scale 5= very important)

    5.00




    4.00




    3.00




    2.00




    1.00




    0.00
           a            b                   c                   d               e

           MBA      MS in Business School       MS outside of Business School



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


      5.00


      4.00


      3.00


      2.00


      1.00


      -
             a                        b          c            d          e

             Faculty/Administrators       Students   Alumni       Board Members



                                                                                  16
       Question 4 in the Appendix
Average Rating of Extracurricular Activities
              (Likert scale 5= very important)

5.00

       4.37   4.36    4.31
                              3.98
4.00
                                      3.49
                                                 3.26

3.00                                                    2.78




2.00




1.00




-
        g      e       d       f       c          a      b



                                                               17
Average Rating of Extracurricular Activities
           by Type of Program
                  (Likert scale 5= very important)

 5.00




 4.00




 3.00




 2.00




 1.00




 0.00
        a          b             c             d             e              f      g

            MBA        MS in Business School       MS outside of Business School

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

  5.00



  4.00



  3.00



  2.00



  1.00



  -
         a                b           c              d    e       f            g

             Faculty/Administrators       Students       Alumni       Board Members


                                                                                      19
         Question 5 in the Appendix
Average Rating of Student Services Alternatives
             for all Respondents
                (Likert scale 5= very important)
  5.00
         4.46
                 4.23    4.17
                                 4.04
  4.00
                                         3.52      3.51   3.46


  3.00




  2.00




  1.00



   -
          a       d       e       f       g         c      b


                                                                 20
Average Rating of Student Services Alternatives
             by Type of Program
               (Likert scale 5= very important)


    5.00



    4.00



    3.00



    2.00



    1.00



    0.00
           a         b           c               d            e               f      g

               MBA       MS in Business School       MS outside of Business School



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


    5.00


    4.00


    3.00


    2.00


    1.00


    -
           a                b           c              d    e       f            g

               Faculty/Administrators       Students       Alumni       Board Members



                                                                                        22
                  Question 6 in the Appendix
Average Rating of Faculty Qualifications/Experience
                   (Likert scale 5= very important)


    5.00   4.81

                   4.29

    4.00

                          3.18   3.16   3.14
                                               3.00   2.96
    3.00                                                     2.71



    2.00



    1.00



    -
            c       h      g      f      d      b      a      e




                                                                    23
Average Rating of Faculty Qualifications/Experience
                by Type of Program
                        (Likert scale 5= very important)

   5.00



   4.00



   3.00



   2.00



   1.00



   0.00
          a         b          c             d     e             f            g   h

              MBA         MS in Business School   MS outside of Business School



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

     5.00


     4.00


     3.00


     2.00


     1.00


      -
            a             b              c    d         e        f   g         h

                Faculty/Administrators       Students       Alumni   Board Members



                                                                                     25
       Question 7 in the Appendix
Average Rating of Skills and Competencies
                     (Likert scale 5= very important)

5.00   4.76   4.71     4.71   4.61   4.61
                                            4.47   4.43   4.35   4.27   4.26   4.20
4.00



3.00



2.00



1.00



-
        b      f        a      e      c      k      j      d      h      g      i




                                                                                      26
Average Rating of Skills and Competencies
          by Type of Program
               (Likert scale 5= very important)

5.00



4.00



3.00



2.00



1.00



0.00
       a   b     c       d         e         f       g         h         i       j   k

           MBA       MS in Business School       MS outside of Business School



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


  5.00


  4.00


  3.00


  2.00


  1.00


  -
         a       b         c          d   e              f   g        h   i       j       k

             Faculty/Administrators           Students           Alumni       Board Members



                                                                                              28
                  Question 8 in Appendix
Average Rating of Indicators for a Successful Program
                  (Likert scale 5= very important)


    5.00
           4.61
                  4.46   4.42   4.31   4.22   4.19
    4.00                                             3.81

                                                            3.30

    3.00



    2.00



    1.00



    -
            e      a      h      g      f      b      c      d




                                                                   29
Average Rating of Indicators for a Successful Program
                          by Type of Program
                      (Likert scale 5= very important)

     5.00



     4.00



     3.00



     2.00



     1.00



     0.00
            a         b        c            d       e            f            g   h

                MBA       MS in Business School   MS outside of Business School



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


      5.00


      4.00


      3.00


      2.00


      1.00


      -
             a             b              c    d         e        f   g         h

                 Faculty/Administrators       Students       Alumni   Board Members



                                                                                      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

				
DOCUMENT INFO