Article Green Open Access 2014

Do real estate courses sufficiently develop graduates’ employability skills? Perspectives from multiple stakeholders

Education and Training
Journal · Vol. 56 · Issue 6 · pp. 562-581
Abstract

Purpose – The purpose of this paper is to investigate whether Royal Institution of Chartered Surveyors (RICS) accredited real estate courses in the UK have equipped real estate graduates with sufficient relevant employability skills to embark on a career in the profession. This paper considers the perspectives of four stakeholders – employers, human resource managers, graduates and course directors of RICS-accredited real estate courses – in the UK. Design/methodology/approach – The results of a mixed-methods study, involving two online surveys with real estate employers and recent graduates of RICS-accredited real estate courses, and two sets of interviews with human resource managers of real estate surveying firms and course directors of RICS-accredited real estate courses, are presented. Findings – The employers and graduates of the RICS-accredited real estate courses do not think the courses sufficiently equip graduates’ with employability skills. On the other hand, the human resource managers are very impressed with graduates’ technical skills but have concerns about their soft skills and attributes. Human resource managers and course directors of RICS real estate courses commented that commercial awareness is an important employability skill but graduates are not well developed in this area. Course directors also noted that practical experience is vital to employability, commenting that students can only obtain real-life practical experience if employers offer them opportunities. Originality/value – This paper makes an original contribution to the existing literature on employability skills for real estate graduates. It describes pioneering research considering the perspectives of four types of stakeholders and evaluates whether real estate courses sufficiently develop graduates’ employability skills. © Emerald Group Publishing Limited.

Keywords

Author Keywords

Employability skills Employers graduates Course directors Human resource managers Real estate

Index Keywords

Author Affiliations
School of Management and Marketing, Deakin University, Geelong, VIC, Australia
Funding & Acknowledgements
No funding information
References 10 References
1 Andrews, Georgina, Employability skills development: Strategy, evaluation and impact, Higher Education, Skills and Work-based Learning, 2, 1, pp. 33-44, (2012)
2 Council for Industry and Higher Education, (2008)
3 Avramenko, Alex, Enhancing students' employability through business simulation, Education and Training, 54, 5, pp. 355-367, (2012)
4 Baker, David P., The educational transformation of work: Towards a new synthesis, Journal of Education and Work, 22, 3, pp. 163-191, (2009)
5 Baker, Geoff, Promoting employability skills development in a research-intensive university, Education and Training, 52, 1, pp. 62-75, (2010)
6 Bennett, Roger, Employer engagement practices of UK business schools and departments: An empirical investigation, Journal of Vocational Education and Training, 61, 4, pp. 495-516, (2009)
7 Bhanugopan, Ramudu, Achieving graduate employability through consensus in the south pacific island nation, Education and Training, 51, 2, pp. 108-123, (2009)
8 Iup Journal of Soft Skills, (2012)
9 Proceedings of the 11th Pacific Rim Real Estate Conference, (2005)
10 Independent Review of Higher Education Funding and Student Finance, (2010)
Quick Actions
Full Text via DOI
Citation Metrics
32
Times Cited (Scopus)

References 10
Document Identifiers