The supply for Real Estate
Education in Poland – the
case of Cracow University of
Economics
Bartlomiej Marona
maronab@uek.krakow.pl
Cracow University of Economics
Department of Real Estate and Investment
Economics
'Modern University with a Rich Tradition'
State university, established in 1925
One of 5 state schools of economics in Poland
Over 21,000 students
681 instructors and professors (incl. 54 nominated professors)
Large 17-acre campus in the heart of Cracow
Modern and new infrastructure
High position in rankings among
Polish schools of business/economics
Reputation among employers
Faculties
Faculty of Economics and International Relations
Faculty of Management
Faculty of Finance
Faculty of Commodity Science
Study programs
All levels
 bachelor
 master
 PhD
 postgraduate professional
All forms
 daytime studies
 evening studies
 weekend/extramural studies
Close to students
 Krakow campus
 Debica campus
 teaching centres in other towns
The specialization – Real Estate
Economy
 Conducts by Department of Real Estate and Investment
Economics
 Place at the University
 Faculty - Economics and International Relationship
 Major - Economics
Specialisation - info
 Form of studies: full time, evening and extramural
 Lectures, classes and short training
 About 120 students per year at a full time course
 About 70 students per year at a extramural course
 From 1991 (earlier existed as Construction Economics)
Universities which run Real Estate
Economy
 State-run Schools
 Private (selected):
 Warsaw - Warsaw School of
 Warszawa – Higher School of





Economics
Lodz – University of Lodz
Krakow – Cracow University of
Economics
Olsztyn – University of Warmia
and Mazury in Olsztyn
Katowice – University of
Economics in Katowice
Poznan – Poznan University of
Economics
Real Estate Management
 Tarnow – Malopolska Higher
School of Economics
Studies in Real Estate (graduate and
postgraduate)
 Division into two cycles – Specialization REE
 1st cycle consists of 6 semesters – specialization from
4th semester
 2nd cycle consists of 4 semesters – specialization from 2
semester
 Number of hours for specialization subjects
 B.A. - about 750 h (total: 1830 h)
 M.A. – about 345 h (total: 720 h)
Professional Activity in Real Estate
Economy
 Real estate agent, property manager, property valuer
 Legal regulation: Act on Real Estate Management from
August 21 of 1997
 Since 2008 – new regulations abolishing state exam for
real estate agent and property manager
Real Estate Agent and Manager Requirements
 Completion of studies in real estate economy or
postgraduate studies for real estate agents and property
manager
 Six-month training/practice
 Working out example of transaction or management
plan
 Delivering documents to Qualification Committee
 Positive consideration - license
Minimum curriculum requirements – real estate agents
No Courses - example
1
Fundamentals of real estate brokerage & trading
2
State administration and public administrative organs
3
Concepts and definitions related to real property
4
Property law
5
Civil law relations
6
Real estate management
7
Spatial economy
8
Sources of information on real estates
9
Economic bases of the land market
10
Transactions on the land market
11
Notary public in real estate trading
12
Activities of a real estate broker
13
Administration and management of a real estate agency – business law
14
Financial law – taxes and fees in real estate trading
15
Fundamentals of civil engineering
16
Real estate management – selected problems
17
Real estate valuation – selected problems
Total
Hours
213
Minimum curriculum requirements for real estate managers
No
Course (example)
1
Fundamentals of real estate management
2
State administration and public administrative organs
3
Concepts and definitions related to real property
4
Property law
5
Civil law relations
6
Real estate management
7
Spatial economy
8
Sources of information on real estates
9
Economic bases of the land market
10
Economic-financial planning and management
11
Taking over real estates
12
Residential property management
13
Non-residential property management
14
Organization of real estate management
15
Fundamentals of civil engineering
16
Real estate valuation – selected problems
17
Real estate management plans
Total
Hours
253
Real Estate Valuer - Requirments
 Completion postgraduate studies of property value
assessment
 One-year training
 Working out 15 valuation reports for different properties
 State exam – written and oral parts
Minimum curriculum requirements for
real estate valuers
No Courses (example)
1
Law
2
Spatial economy
3
Economic and financial matters
4
Technical and natural bases of real estate valuation
5
Information systems
6
Fundamentals of real estate valuation
7
Special valuations (including agricultural and forest properties)
8
Economic entity valuation
9
Real estate trading and management
10
Hours
Practical training and seminars
Total
280
Potential Gap…
Property
Estate Agents / Managers /
10 000 citizens 10 000 citizens
Selected UE
Countries
Real Estate Agents
Property
Managers
Denmark
3 223
4 500
5,97
8,3
France
25 000
10 000
4,14
1,6
Italy
5 0000
35 000
8,73
6,11
Netherlands
9 500
5 000
5,83
3,08
Austria
2 800
2 500
3,46
3,09
Spain
25 000
14 912
6,2
3,7
Germany
12 000
19 000
1,45
2,3
Ireland
5 000
200
12,5
0,5
Poland
7 450
15 020
1,93
3,89
Source: Author calculations based on Annual Report 2007, European Council of Real Estate
Professions (CEPI)
Progress in licenses in Poland
18000
16000
year
2007
14000
12000
10000
8000
6000
year
2008
4000
2000
0
property managers
real estate agents
property valuers
Thank you
maronab@uek.krakow.pl