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Daffodil University starts undergraduate course in real estate

FE Report | Wednesday, 9 July 2008


THE first ever academic degree on the discipline of real estate has been introduced in the country to develop for skilled manpower needed by the growing sector.

Daffodil International University launched the Department of Real Estate from its Fall Semester to confer Bachelor's degree for its honours students.

The university sources said the students of BBA and MBA can also take the real estate as a major subject to have skill in real estate management.

They told FE that the Bachelor of Real Estate (BRE) degree is new not only in Bangladesh but in South Asia also. It is the first ever real estate department in a South Asian university. Only Hong Kong and Singapore in Asia offer higher studies in real estate. It is, North and South American and European centres of learning offer the study.

University Grants Commission UGC gave its nod to Daffodil International University to open the Department of Real Estate in the beginning of 2007. The authorities, however, took a year or more, to accept the new department.

Dr Mizanur Rahman heads the department and Dr Mostafa Kamal is among specialised teachers in the faculty. They both have doctorates on real estate and urban planning.

Senior Public Relations Officer of the university Belal Ahmed said curriculum of this discipline has been designed keeping the national need and international developments in mindful. The curriculum design gives more emphasis on business than technical aspects, considering immediate needs of the sector.

He said if necessary, the university would hire foreign experts to complete the course in time. "We have talked to different people including in Rajdhani Unnayan Kartipakkhya (RAJUK) and Real Estate and Housing Association of Bangladesh (REHAB) to prepare the four-year course," he said.

At the course inauguration, REHAB President Tanveerul Haque Probal said worldwide there is a daily demand for 200,000 skilled people in the sector. Bangladesh needs more than 2000, he said.

"If 2000 students graduate today they would get job tomorrow in Bangladesh," he said.

The banking sector also needs field graduates to increase their business in credit to real estate.