ORLANDO, FL – February 2, 2016 – (RealEstateRama) — David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) announced today that the trade group is collaborating with Pepperdine University Graziadio School of Business and Management as they offer a six-month Executive Certificate in Commercial Real Estate, beginning in March 2016. The program aims to accelerate higher-level career opportunities for commercial real estate professionals.
Developed by Pepperdine University faculty member Dr. Abraham Park, Director of Fred Sands Institute of Real Estate and Associate Professor of Finance, and John Heffernan, PE, Director of the Executive Real Estate Certificate Program, the curriculum is based on Mortgage Banker Association-established training combined with Dr. Park’s extensive experience in the commercial real estate equity and REIT fund investment.
“Our industry needs to continue to recruit, develop, and retain top talent. MBA is proud to join with Pepperdine Graziadio to forge this partnership that offers great value and that will serve as a foundation for MBA to expand its educational efforts,” said Stevens who announced the partnership in his remarks at MBA’s Annual Commercial Real Estate Finance / Multifamily (CREF) Housing Convention. “Pepperdine Graziadio students in the program will have access to certain Mortgage Bankers Association education and training programs and MBA members will build connections to talented future industry leaders.”
“Real estate is a vast and highly segmented industry. Real estate professionals form one area may find their previous education and training either too narrowly focused or insufficient for transitioning into higher-level career opportunities,” said Dr. Park. “The Pepperdine Graziadio Executive Certificate in Commercial Real Estate is an opportunity for real estate professionals to acquire practical, cutting-edge, graduate-level education.”
As trusted advisors, commercial real estate professionals must stay up-to-date on new rules, trends and the ever-changing market. The training also helps improve marketability and open career doors through networking opportunities.
The program also incorporates materials and programming from the Mortgage Bankers Association Education’s Commercial/Multifamily Courses, making it a first-of-its-kind industry program to combine graduate school certificate education with industry-recognized training curriculum.
The certification is designed for mid- to senior-level professionals in the commercial real estate industry who seek career advancement, continuing education credits and professional designations. Students learn critical analysis and evaluation skills for transacting successful acquisition, financing, asset management and development deals. They will also learn the intricacies of private equity real estate, private debt/finance, publicly traded real estate (REITs), securitized debt and real-estate development.
The Executive Certificate in Commercial Real Estate program kicks off March 4th and runs thru July 23rd. The program is designed for working professionals with flexible formats that meets two-days-per-month on Friday and Saturday. Conveniently located classes are offered across five different Pepperdine locations: Malibu, Irvine, West Los Angeles and San Jose in California and in Dallas, TX in conjunction with the Mortgage Bankers Servicing and Technology Conference and at similar events in years to come. For students who prefer a virtual setting, the program will also be available online.
The program includes five real estate classes and one self-paced elective course (up to two electives can be taken). The electives give students the opportunity to learn continuing education credits toward MBA’s Certified Mortgage Bankers designation.
As part of the overall certification program, the Mortgage Bankers Association will provide Pepperdine Graziadio with access to its series of Commercial Real Estate (CRE) Basics courses, as well as certain Commercial/Multifamily Secondary Servicing (CMF SS) courses where students can earn credits toward MBA’s Certified Mortgage Bankers designation. Students that complete Pepperdine’s course will have the opportunity to apply for candidacy to the CRI Society and earn the Society’s Associate designation. Once accepted as a candidate, the student may sit for the Chartered Realty Investor (CRI) Level 1 exam administered by the Mortgage Bankers Association through its online learning management system. Additionally, qualifying students will be able to subscribe to MBA’s commercial/multi-family Newslink and attend MBA’s Commercial/Multifamily Servicing & Technology Conference in May 2016.
About the Pepperdine University Graziadio School for Business and Management
A leader in cultivating entrepreneurship and digital innovation, the Pepperdine University Graziadio School of Business and Management focuses on the real-world application of MBA-level business concepts. The Graziadio School provides student-focused, globally-oriented education through part-time, full-time, and executive MBA programs at our eight California campuses, as well as through online and hybrid formats. In addition, the Graziadio School offers a variety of master of science programs, a bachelor of science in management degree-completion program, and the Presidents and Key Executives MBA, as well as executive education certificate programs. Follow the Graziadio School on Facebook, Twitter at @GraziadioSchool , and LinkedIn.
About the Mortgage Bankers Association
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, REITs, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mba.org.
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