WASHINGTON, Jan. 27, 2021 /PRNewswire/ -- The Appraisal Foundation Appraiser Qualifications Board (AQB) announced today that Pennsylvania State University's Master's in Real Estate Analysis & Development has become the 25th university degree to be approved under the Real Estate Degree Review Program. This program allows universities to have their real estate degrees reviewed to see if their coursework meets the Required Core Curriculum in the Real Property Appraiser Qualification Criteria. Students pursuing a degree that has been approved by this program can apply their coursework towards qualifying education to become a real estate appraiser.

The Appraisal Foundation is the nation’s foremost authority on the valuation profession. The organization sets the Congressionally-authorized standards and qualifications for real estate appraisers, and provides voluntary guidance on recognized valuation methods and techniques for all valuation professionals, including personal property appraisers and business valuation. This work advances the profession by ensuring appraisals are independent, impartial, and objective. appraisalfoundation.org (PRNewsfoto/The Appraisal Foundation)

"The Real Estate Degree Review Program enables college students to begin working towards becoming an appraiser long before they graduate. We are proud that so many schools, including Penn State, have taken advantage of this free program to give their students a head start," said Vice President of Appraisal Issues Lisa Desmarais. "We hope more universities will consider submitting their real estate degrees for review so that more students can apply their college coursework towards a career in the appraisal profession."

"As our real estate program at Penn State grows, our primary mission has always been to provide our students with the tools necessary for success," said Pennsylvania State University Director of Institute for Real Estate Studies Dr. Brent Ambrose. "Now, with AQB approval, our students have the opportunity to fast track to an appraisal career and begin applying what they learned in the classroom to the work place."

Below is the full list of approved university degree programs:

Graduate Degrees
Florida International University
Penn State University
Texas A&M University
University of Denver
University of Florida
University of Missouri – Kansas City
University of Wisconsin - Madison
Virginia Commonwealth University

Undergraduate Degrees
Colorado State University
Indiana University
Lehigh University
Oklahoma State University
Old Dominion University
Penn State University
South Dakota State University
Temple University
Texas A&M University
Texas Christian University
University of Central Florida
University of Denver
University of Nebraska - Omaha
University of Northern Iowa
University of Wisconsin - Madison
Virginia Commonwealth University

Associate Degrees
Hondros College of Business

For more information, please visit appraisalfoundation.org.

Media Contact:
Amy Timmerman
(202) 624-3048
amy@appraisalfoundation.org

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/penn-state-approved-as-25th-university-program-to-meet-aqb-qualifying-education-requirements-301216412.html

SOURCE The Appraisal Foundation