Tuesday, October 29, 2013

2013 Designation Course Calendar

2013 Designation Course Calendar

Real Property Administrator (RPA™) and
Facilities Management Administrator (FMA™)

Real Estate Investment and Finance 
Tuesday Evening Sessions (5:30-8:30): January 15 – February 26 (required for RPA and FMA) 
Location: 115 S. LaSalle, 8^th Floor Conference Center – Room 802
Learn to take charge of real estate investments to maximize the value of a property. Develop knowledge about basic financial concepts as they relate to real estate, including valuation, analysis, taxation, depreciation, and life-cycle costing. Evaluate real estate investments and develop budgets that estimate net operating income. Study the income capitalization approach and cover property taxation costs and strategies to offset these costs. Gain the skills to conduct discounted cash flow analyses and calculate net present value and internal rate of return. This course features exercises that require the basic use of the HP 10bII* financial calculator.  Click here for more details!  

The Design, Operation and Maintenance of Building Systems, Part 2
Tuesday Evening Sessions (5:30-8:30): March 12 – April 23 (required for RPA and FMA) 
Location: 115 S. LaSalle, 8^th Floor Conference Center – Room 802
Provides information property and facility managers will need to make management decisions about various building systems and sites. These decisions will increase occupant safety and comfort while facilitating building efficiency to meet the business goals of an organization. This course is about understanding electrical systems and lighting, elevator maintenance and modernization, and pest and solid waste management. Other areas of interest also covered in this course include security issues, fire and safety systems, and energy management concerns.  Click here for more details!

Ethics is Good Business
Thursday (9am-4pm): May 16 (one day seminar required for RPA and FMA)
Location: TBD
Understand the impact that ethical behavior can have on your professional performance and your property’s bottom line. By working through difficult ethical dilemmas, you’ll develop the confidence to follow through, even when facing adversity.
Click here for more details!

Environmental Health and Safety Issues
Tuesday Evening Sessions (5:30-8:30):  July 9 – August 20 (required for RPA and FMA)
Location: 115 S. LaSalle, 8^th Floor Conference Center – Room 802
Protecting the environment and promoting worker health and safety are issues at the center stage of today's property industry. This course provides an overview of the environmental health and safety considerations in building operations. Develop and manage proactive environmental/occupational health and safety programs, comply with regulatory standards and guidelines governing facility health and safety issues, and assess when to obtain technical assistance.  Click here for more details!

Asset Management
Tuesday Evening Sessions (5:30-8:30):  September 10 – October 22 (elective for RPA and FMA)
Location: 115 S. LaSalle, 8^th Floor Conference Center – Room 802
Today's property managers work hand-in-hand with asset managers and often serve as asset managers themselves. Expert education gives professionals the capability to build value in real estate assets, providing confidence to investors, owners, and building tenants. Make sense of your assets, discover the asset manager's role function and place in real estate and business, and master the ability to outperform competitors. Key topic areas include asset planning, forms of real estate ownership, financial and environmental due diligence, financial audits, troubled assets, maximum market value, investment portfolio diversification and investment analysis software. This course includes a series of case studies in which students apply concepts to real-world scenarios.

Budgeting and Accounting
Tuesday Evening Sessions (5:30-8:30): October 29 – December 10 (required for RPA)
Location: 115 S. LaSalle, 8^th Floor Conference Center – Room 802
Budgeting and Accounting features applications and problems you can use to create building and facilities' budgets. In this course, you will have the opportunity to apply concepts within the real property and facilities context. Follow the accounting process and creation of a budget from start to finish, learning such valuable skills as how to interpret financial statements, annual reports, and statements of cash flows. Learn practical skills such as how to compile lease abstracts and prepare rent rolls. The course includes valuable exercises pertaining to computing productivity ratios, depreciation, ending cash balances, preparing income and expense budgets, and explaining budget variances. 

Designation Course Fees

RPA/FMA Course Fees (excludes Ethics Course)

• BOMA Member: $1,100
  
• Nonmember: $1,325
  

Ethics Course Fee

• BOMA Member: $400
  
• Nonmember: $450

Exam Information

Each student enrolled in designation courses will have six months from the course registration date to schedule and complete the course exam at the specified computer testing center.  More information will be provided with registration materials or you can visit www.bomi.org.

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