Have an question? Call 310-hire
Have a question?
Have an question? Call 310-hire
Have a question?
The Property Management Diploma Program includes a combination of certificates and designations awarded by BOMI International. Upon successful completion, students will receive the Property Administrator Certificate (PAC), Facilities Management Certificate (FMC), and Property Management
Financial Proficiency Certificate (PMFP). In addition, students will have completed the academic component of two designations; the Real Property Administrator (RPA) and the Facilities Management Administrator (FMA). BOMI designations are recognized as a mark of distinction and excellence through the industry. This program will allow students to work towards the completion of the coveted RPA and FMA designations.
Real Property Administration (RPA) Designation The RPA® designation program serves the educational needs of both third-party property managers and corporate property managers. By familiarizing students with the many aspects of operating a commercial building, the RPA® designation program helps you integrate these issues into the broader task of property management. You’ll gain the insight and knowledge necessary to analyze a building in its entirety. The RPA® program teaches you to maximize a building’s net income while minimizing risks. As part of the RPA program there are two certificates students can earn – Property Administrator Certificate (PAC) and the Property Management Financial Proficiency Certificate (PMFP).
Property Administrator Certificate (PAC)
The PAC provides information that property and facility managers need to manage the ongoing operation and maintenance of building systems and to maximize building efficiency and cost-effectiveness. The program also features applications and scenarios you can use to create building and
facility budgets. This certificate program is ideal for students who are new to the commercial real estate industry or are upgrading their skills; the certificate program is a good way to begin your journey toward a BOMI designation. In order to achieve your certificate you must complete three courses and achieve a grade of 70% or greater on each course.
• Budgeting & Accounting
• The Design, Operation and Maintenance of Building Systems, Part I
• The Design, Operation and Maintenance of Building Systems, Part II
Property Management Financial Proficiency Certificate (PMFP)
The Property Management Financial Proficiency (PMFP) Certificate is specifically designed for people who manage real estate assets. The courses teach you to take control of your assets and improve overall efficiencies by understanding all areas of investment decision making, and understanding how to analyze financial statements and construct productive property/facility budgets. Ideal for students who are new to the
commercial real estate industry or are upgrading their skills, the certificate program is a good way to begin your journey toward a BOMI designation. In order to achieve your certificate you must complete three courses and achieve a grade of 70% or greater.
• Asset Management
• Budgeting & Accounting
• Real Estate Investment & Finance
Facilities Management Administrator (FMA) Designation
The FMA® designation program enhances your career by making you a more effective and knowledgeable facilities professional, thus positioning you as a key strategic professional within your organization. The FMA designation program teaches you to manage facilities in a way that best supports staff and fits into the organization’s overall objectives. As part of the FMA program there is one certificate students can earn, the Facilities Management Certificate (FMC). Facilities Management Certificate (FMC) The Facilities Management Certificate (FMC) provides an overview of management information that is important to have in order to operate a facility effectively. It also provides the information needed to manage the ongoing operation and maintenance of building systems and to maximize building efficiency and cost-effectiveness. Ideal for students who are new to the commercial real estate industry or are upgrading their skills, the certificate program is a good way to begin your journey toward a BOMI International designation. In order to achieve your certificate you must complete three courses and achieve a grade of 70% or greater.
• The Design, Operation and Maintenance of Building Systems, Part I
• The Design, Operation and Maintenance of Building Systems, Part II
• Fundamentals of Facilities Management
Learning Objectives
Upon graduation, students will be well versed in the following:
• Building Systems Design
• Commercial Real Estate Law
• Risk Management & Insurance
• Operation & Maintenance
• Investment & Finance
• Asset Management
• Leasing & Marketing
• Strategic Planning
• Corporate Finance & Capital Investment
• Physical Asset Management
• Project Management
• Environmental Health & Safety
Students are responsible for their own transportation to and from Coop placements.
Coop placement sites are subject to availability.
• Computer basics/file management
• Goal setting, note taking, problem solving, team work
• Overview of policies & procedures
• Demonstrate ability to use MS Word and MS PowerPoint
• Maintaining building systems efficiently and cost-effectively
• Using structural components and building materials
• Understanding of HVAC and plumbing systems
• Working knowledge of how a structure functions
• Analyzing and managing building systems
• Maintaining your property in top condition, both inside and out
• Executing post-occupancy evaluation using facilities annual reports
• Organizing and planning a successful facilities project
• Assembling a project team, including consultants
• Using guidelines to determine user needs Understanding the role each employee, and/or contractor, has in managing a facility
• Understanding of how ethics influences your business decisions and success
• Identifying potential ethical challenges
• Identifying various value systems, and articulating your own
• Recognizing the progression of events that can lead to ethical misbehavior
• A clear understanding of physical and market value
• The know-how to determine a property’s economic value
• An understanding of how investment is financed and how value is increased
• A working knowledge of current tax laws regarding such areas as capital gains and depreciation
• Analyzing and interpreting financial statements of prospective tenants
• Calculating income and expense items
• Developing capital budgets
• Writing lease abstracts
• Establishing cost controls
• Constructing property and/or facilities budgets
• Knowledge of contract law
• Insight into real estate financing
• Awareness of environmental law and land use
• Ability to identify potential legal liability situations
• Skills in formulating effective loss control programs
• An understanding of insurance policies needed to help protect your company from potential liability claims
• Insight into insurance underwriting and how it affects your coverage
• Guidance in providing comprehensive employee benefit plans
• Maximize market value for your properties and assets in any economic state
• Manage troubled properties for profitable transitions
• Recognize and seize opportunities missed by competitors
• Build wealth, diversify investment portfolios, and fund returns
• Take control of your assets and improve overall operational efficiency
• Recognize different leadership styles and the impact they have on organizations
• Apply new strategies for effective communication
• Assemble and lead groups and teams
• Establish a game plan for motivating employees
• Demonstrate the ability to efficiently plan, control and make decisions
• Apply problem solving techniques to resolve critical issues
• Identify tools for effective project management
• Anticipate and mitigate change
• Charting and rating comparative properties in your market
• Advertising, wise media buying, and public relations savvy
• Developing parameters to help you lease space effectively
• Identifying prospective tenants and making them aware of how your building suits their needs
• Making effective decisions and insight into information analysis methods
• Establishing your department as a primary contributor to corporate profitability
• Managing a successful project, with you as a team leader
• Executing post-occupancy evaluation using facilities annual reports
• Organizing and planning a successful facilities project
• Assembling a project team, including consultants
• Using guidelines to determine user needs
• Understanding the role each employee, and/or contractor has in managing a facility
• 30 week co-op, 600 hours