RICS ties up with Amity University to open a school for specialised degree in real estate, construction and infrastructure.

Updated on: Friday, April 12, 2013

Royal Institution of Chartered Surveyors (RICS) announced tie-up with Amity University to open a school for specialised degree courses in real estate, construction and infrastructure.

Amity has provided the infrastructure facility at its Noida campus for the new institution 'RICS School of Built Environment', while RICS has developed the curriculum.

RICS, the world's leading professional qualification and standard setting body in land, property and construction sector, claimed that it is the country's first such school.

The institute would start the first batch from July with 135 students. It will offer a range of academic degree programmes including BBA/MBA in Real Estate and Urban Infrastructure and MBA in construction project management.

RICS South Asia Managing Director Sachin Sandhir said, "This is specialised school which will address the skill gap in real estate, construction and infrastructure sectors. This is industry-led academic institution and will address the crying need of industry for skilled professionals."

Sandhir said the industry was involved in finalising practice-based curriculum.

"In the first year we will have 135 students, but we plan to increase the capacity to 700-800 in the next five years excluding distance learning and executive programmes," he said. The fees for BBA is Rs 1.5 lakh per annum and Rs 2.5 lakh annually for MBA.

Sandhir said 5 million core professional are required annually in these sectors, while the supply is only 1 million.

"There is 80 per cent shortage currently," he said, adding that the cumulative shortage would reach to 44 million by 2020 if supply of professionals is not augmented.

Amity University founder President Ashok Chauhan said,"The school is unique as the degree is tailor-made for industry. In Amity, we give lot of emphasis on employability".

RICS ties up with Amity University to open a school for specialised degree in real estate, construction and infrastructure.

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