Program Assessment Plan
American University
KSB: Real Estate - MS
KSB: Real Estate - MS
Contact Person for Itir Karaesmen Aydin
Assessment:
Primary Department: KSB-Genl
Learning Outcome: LO 1 - Real State Fundamentals
Students will comprehend the basic aspects of residential/commercial real estate and the mortgage markets. They will be able to explain how real estate has an impact on the economy: urban growth,
housing, Wall Street (securitization), governmental agencies. Students will be able to describe the environment in which business operates, including economic, legal, ethical, and societal dimensions.
Outcome Year: 2012-2013
2013-2014
2014-2015
Outcome Status: Active Learning Outcome
Assessment Plan
Assessment Method
Target
Schedule/Cycle
Practical application assessment will be done during the Fall 2013 semester in the
80% of the participants correctly answer
context of an applied real estate course. Selected questions from the second examination 60% or more of the exam questions.
for REAL 731: Real Estate Property and Asset Management will be used to evaluate this
learning objective. The exam will be given on 30 October 2013 and will consist of 40
questions in addition to an extra credit essay. The assessment questions will include the
following areas of expertise: the concept of fair housing, income qualification and
underwriting, insurance and risk, when an environmental impact report is needed, and the
notion of joint and several liability.
Measure Type:
Quiz/ Exam
Active
Yes
Related Courses
- REAL-731 - Real Property & Asset Mgmt
Learning Outcome: LO 2 - Real Estate Operations
Students will recognize the operations and management of multifamily and commercial real estate. They will be able to demonstrate knowledge of the legal documentation and laws that have an impact on
the acquisition and management of real estate.
Outcome Year: 2012-2013
2013-2014
2014-2015
Outcome Status: Active Learning Outcome
Assessment Plan
Assessment Method
12/12/2014 12:43 PM
Target
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Schedule/Cycle
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Active
Assessment Plan
Assessment Method
Target
Schedule/Cycle
Practical application assessment will be done during the Fall 2013 semester in the
80% of the participants correctly answer
context of an applied real estate course. Selected questions from the second examination 60% or more of the exam questions.
for REAL 731: Real Estate Property and Asset Management will be used to evaluate this
learning objective. The exam will be given on 30 October 2013 and will consist of 40
questions in addition to an extra credit essay. The assessment questions will include the
following areas of expertise: the concept of fair housing, income qualification and
underwriting, insurance and risk, when an environmental impact report is needed, and the
notion of joint and several liability.
Measure Type:
Quiz/ Exam
Active
Yes
Related Courses
- REAL-731 - Real Property & Asset Mgmt
Learning Outcome: LO 3 - Real Estate Valuation and Investment Analysis
Students will identify the key metrics for the evaluation and valuation of residential, multifamily and commercial properties from an investment perspective. They will be able to apply NPV, DCF, IRR,
pro forma modeling (only if they have taken REAL 685 which is an elective) for underwriting real estate, as well as various structures for the acquisition/recapitalization of real estate.
Outcome Year: 2012-2013
2013-2014
2014-2015
Outcome Status: Active Learning Outcome
Assessment Plan
Assessment Method
Target
Schedule/Cycle
Practical application assessment will be done during the Fall 2013 semester in the
80% of the participants correctly answer
context of an applied real estate course. Selected questions from the second examination 60% or more of the exam questions.
for REAL 731: Real Estate Property and Asset Management will be used to evaluate this
learning objective. The exam will be given on 30 October 2013 and will consist of 40
questions in addition to an extra credit essay. The assessment questions will include the
following areas of expertise: the concept of fair housing, income qualification and
underwriting, insurance and risk, when an environmental impact report is needed, and the
notion of joint and several liability.
Measure Type:
Quiz/ Exam
Active
Yes
Related Courses
- REAL-731 - Real Property & Asset Mgmt
Learning Outcome: LO 4 - Development, Urban Growth and Sustainability
Students will have a general understanding of development, zoning, urban growth and sustainability issues. They will be able to explain how zoning laws/regulations impact development; how urban
growth affects density and development; new LEED regulations and how they relate to development in DC.
Outcome Year: 2012-2013
2013-2014
2014-2015
Outcome Status: Active Learning Outcome
12/12/2014 12:43 PM
Generated by TracDat a product of Nuventive.
Page 2 of 3
Assessment Plan
Assessment Method
Target
Schedule/Cycle
Practical application assessment will be done during the Fall 2013 semester in the
80% of the participants correctly answer
context of an applied real estate course. Selected questions from the second examination 60% or more of the exam questions.
for REAL 731: Real Estate Property and Asset Management will be used to evaluate this
learning objective. The exam will be given on 30 October 2013 and will consist of 40
questions in addition to an extra credit essay. The assessment questions will include the
following areas of expertise: the concept of fair housing, income qualification and
underwriting, insurance and risk, when an environmental impact report is needed, and the
notion of joint and several liability.
Measure Type:
Quiz/ Exam
Active
Yes
Related Courses
- REAL-731 - Real Property & Asset Mgmt
Learning Outcome: LO 5 - Teamwork and Communication
Students will participate in working teams and construct effective, clear and well-written analyses.
Outcome Year: 2012-2013
2013-2014
2014-2015
Outcome Status: Active Learning Outcome
Assessment Plan
Assessment Method
Target
Assessment Method: Presentation and communication skills are assessed by outside
evaluators examining actual presentations on case material. This evaluation will be
conducted in Fall 2013 in REAL 730: Real Estate Principles and Investment. The
presentations will be assessed using the following categories: analysis and application,
understanding, writing and completeness.
Measure Type:
Presentation
80% of the participants correctly answer
60% or more of the exam questions.
Schedule/Cycle
Yes
Related Courses
- REAL-730 - Real Estate Principles & Inves
12/12/2014 12:43 PM
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