The following institutions are the exclusive partners for the delivery of the AIC Program of Professional Studies:
AIC and the University of British Columbia’s Sauder School of Business are partners in offering a unique program designed for highly-motivated people seeking to join the real property valuation profession—and for valuation practitioners already employed in the industry who want to upgrade their education. Please contact the Real Estate Division for details on mature student admissions. For more information, visit www.realestate.ubc.ca/AIC
The Bachelor of Business in Real Estate (BBRE)
The BBRE has been jointly developed by the Real Estate Institute of British Columbia, the University of British Columbia (UBC) and Thompson Rivers University (TRU) – Open Learning, with ongoing support from BC’s Real Estate Foundation. The BBRE is a part-time program delivered via distance education and is offered by both UBC and TRU.
For more details, visit www.realestate.ubc.ca/BBRE
The Appraisal Institute of Canada and Université Laval have an exclusive partnership to deliver the AIC Professional Program of Study in French to real estate valuation professionals working toward the Accredited Appraiser Canadian Institute (AACI™) and Canadian Residential Appraiser (CRA™) professional designations. The French AIC Program of Professional Studies Program now offers distance learning courses through Université Laval’s Faculty of Business Administration (FSA ULaval) regular undergraduate programs.
The certificate program in real estate, the Programme de certificat en gestion urbaine et immobilière, is the academic requirement for those Candidates working towards both the AACI and the CRA professional designations, whereas the microprogram in real estate, the Microprogramme de 1er cycle en gestion urbaine et immobilière, fills the requirement for those who are working towards the CRA professional designation.
The following post-secondary institutions offer AIC-recognized real estate courses in classroom and distance learning settings.
The University of Guelph offers both a Real Estate and Housing major in its B.Comm program. The B.Comm Real Estate and Housing is one of only two undergraduate programs in Canada that specialize in the real estate sector. It takes a multi-disciplinary approach to the study of residential and commercial/investment real estate. Visit the University of Guelph program website for admission requirements and more information on the program.
The Athabasca University (AU) Faculty of Business recognizes AIC courses taken for credit with the UBC Real Estate Division towards its business degrees and meeting the requirements of the AACI designation. AU courses also meet the 36 credits of PGCV Admission General and Core Business/Commerce topics. For more information, contact the AU Faculty of Business Student Support Centre.
Seneca College’s Real Property Administration (RPA) Diploma Program will develop the expertise to become a highly versatile and in-demand professional in the property valuation and property tax sectors. This unique program offers a full-time, in-class delivery geared towards practical, hands-on learning in the fields of property appraisal, property assessment and property tax, including a Field Placement component in order to gain industry experience. Under our partnership with UBC, students will receive a Certificate in Real Property Assessment in addition to the RPA Diploma and receive credits towards both the CRA and AACI designations with the Appraisal Institute of Canada.
The RPA program is a four-semester (20 months) program. Admission requirements are Grade 12 English and Grade 12 Math.
For students that already possess a University Degree or College Diploma, the program can be completed in an accelerated stream over 2 semesters (8 months).
Langara College is a gateway to the real estate appraisal profession through its Real Property Analyst Certificate Program. Anyone with an interest in the valuation profession can begin their future in real estate at Langara College. Langara College works closely with the University of British Columbia and the Appraisal Institute of Canada to ensure that their courses and programs are aligned with educational standards across the profession. Download the Real Property Analyst Certificate Program Overview or visit the Langara College site.
AIC is actively involved in building affiliations around the world with like-minded organizations that believe in the importance of quality designation programs and effective professional standards within the valuation profession. AIC designations – the CRA and AACI – are internationally recognized and respected; AIC’s education program is seen as a gold standard within valuation professional associations (VPOs). Established in 1938, AIC is one of the longest-standing professional valuation organizations in the world. We believe it is our responsibility to share our knowledge and work with other VPOs to advance the appraisal profession worldwide and ensure the effectiveness of valuation fundamentals within our global marketplace.
Read more about AIC’s partnerships with these leading valuation organizations:
On June 9, 2016 the Appraisal Institute of Canada (AIC) and the Appraisal Institute (AI), two of the leading valuation associations in North America, announced an agreement that mutually recognizes the excellence and quality of the AIC’s AACI and CRA designations and the Appraisal Institute’s MAI and SRA designations. The agreement acknowledges the rigorous education and designation processes, professional standards and ethics of each respective organization.
Through this agreement, Designated Members of either the AIC or the AI will be able to pursue the organizations’ respective designations (AACI ↔ MAI) (CRA ↔ SRA) with recognition of their professional education, knowledge and experience.
For more information, please read these AI-AIC Frequently Asked Questions.
For information regarding reciprocal designations, read the Designation to Designation Map.
The Appraisal Institute of Canada (AIC) and The European Group of Valuers’ Associations (TEGoVA) are pleased to announce the signing of a historic agreement which mutually recognizes the professional valuation standards and qualifications of each organization.
The June 9, 2016 agreement signed in Winnipeg, Manitoba, signifies that European clients can confidently engage AIC-designated appraisers – Accredited Appraiser Canadian Institute (AACI™) and the Canadian Residential Appraiser (CRA™) – to complete valuation assignments of the same quality as those of holders of TEGoVA titles – Recognised European Valuer (REV) and TEGoVA Residential Valuer (TRV). Similarly, Canadian clients can engage a valuation professional with an REV or TRV designation, knowing that a comprehensive approach and analysis will be delivered on an appraisal assignment required in Europe.
For more information, read the AIC-TEGoVA Frequently Asked Questions.
Continuing Education Partners
The Appraisal Institute of Canada has a number of affiliated organizations that offer education and development courses to AIC members. See below our current affiliated organization partners:
Continuing Professional Development (CPD) Courses and Credits
UBC offers AIC members three avenues to achieve credits towards AIC’s Continuing Professional Development Program
- Completion of BUSI courses provides students with a maximum of 12 CPD credits per course.
- UBC’s CPD courses offer AIC “guaranteed credits” with a range of valuation related topics.
- UBC’s webinars provide live online instructions on topics of interest to AIC members; normally offered in November and December only.
MA101: INTRODUCTION TO MASS APPRAISAL CONCEPTS
Thursday, October 17, 2019
Time: 12:00 noon to 1:30 pm
To see the flyer and for more information, please click here.
The IPTI offers a wide range of webinars, workshops and international events. To see the full list of events, please click here.
To see the Training series calendar of events, click here (second page).
1 CPD credit per event will be given for attendance
AIC credits are guaranteed for the following events at a rate of 1 credit per hour (averaging 6 credits per function):
- Vancouver Real Estate Forum – April 4, 2019
- Montreal Real Estate Forum – April 17, 2019
- Saskatchewan Real Estate Forum – April 30, 2019
- Edmonton Real Estate Forum – May 9, 2019
- Atlantic Real Estate Forum – June 12, 2019
- Calgary Real Estate Forum – November 6, 2019
- Real Estate Forum – December 4-5, 2019
For more details or to see other upcoming events, click here.
Under a partnership with AIC and CICEA, AIC members may access the Certified Executor Advisor education program to obtain the CEA designation.
The CICEA on-line education program is divided into these seven modules:
- Module 1) Getting Started; Duties of an Executor / Executrix
- Module 2) Financial Considerations
- Module 3) Property
- Module 4) Trusts
- Module 5) The Estate and Probate
- Module 6) Challenges of Estate Administration
- Module 7) Benefits of The CEA
- For more detailed information about the curriculum, download the CEA Syllabus.
- AIC members’ preferred price is $1,295 (discounted by $200)
- 12 guaranteed continuous professional development credits will be granted to AIC members upon the successful completion of the full course.
- To register for the CEA program with your special AIC discount, go to this link.
- For more information, go to AIC’s Frequently Asked Questions.
CARSON DUNLOP CONTINUING EDUCATION The following Carson Dunlop courses have been approved for guaranteed AIC CPD credits. For more information visit the Carson Dunlop website.
- Commercial roofing – 3 AIC CPD credits
- Commercial structures – 3 AIC CPD credits
- Forced-air gas heating – 3 AIC CPD credits
- Exterior structures – 4 AIC CPD credits
- Getting electricity into the home – 4 AIC CPD credits
- Grow houses – 1 AIC CPD credit
- The home inspection process – 3 AIC CPD credits
- Plumbing: supply, drain, waste and vent – 3 AIC CPD credits
- Surface water control and landscaping – 3 AIC CPD credits
- Understanding residential cooling systems and insulation – 3 AIC CPD credits
- Understanding residential electrical systems and appliances – 3 AIC CPD credits
- Understanding residential heating – 3 AIC CPD credits
- Understanding residential interiors – 3 AIC CPD credits
- Understanding residential plumbing systems – 3 AIC CPD credits
- Understanding residential roofing and exteriors – 3 AIC CPD credits
- Understanding residential structures – 3 AIC CPD credits
- Wells, pumps and septic systems – 3 AIC CPD credits
- Wood-burning fireplaces – 3 AIC CPD credits
- Architectural Styles – 3 AIC CPD credits
Take a course from ES Computer Training and earn guaranteed AIC CPD credits Offered in classrooms in various Ontario locations
- NEW Facebook & LinkedIn for the Real Estate Industry – 7 CPDs
- MS Outlook – Contact Management System for Real Estate Professionals – 7 CPDs
- MS Excel – Finances for Real Estate Professionals – 7 CPDs
- MS Publisher for Real Estate Professionals – 7 CPDs
- Creating Marketing Presentations for Real Estate Professionals – 7 CPDs
For details: ES Computer Training 131 Bloor St. W. Suite 200/318 Toronto, ON M5S 1R8
Under a partnership agreement between AIC and REIC AIC members have access to the REIC’s courses and designation programs which cover all sectors of the real estate industry such as reserve fund planning, ethics, finance, law, leadership, human resources, leasing & negotiating, mortgage underwriting, property/asset management and more. Read the partnership announcement here. Read the FAQs here.
CERTIFIED RESERVE PLANNER (CRP) DESIGNATION
ABOUT THE CRP DESIGNATION
The Certified Reserve Planner (CRP) designation is the preeminent national designation signifying a professional with the expertise to complete reserve fund studies and depreciation reports for condominiums, institutions, corporations, and government entities.
The CRP designation education programming is offered in collaboration with the University of British Columbia (UBC) Sauder School of Business. The curriculum enhances your knowledge and skills in the techniques, procedures and methodology of executing a comprehensive reserve fund study.
Earning the Certified Reserve Planner (CRP) designation with REIC positions you as a leader in conducting reserve fund studies. The CRP designation is widely recognized across Canada and is required by employers to conduct reserve fund studies. The CRP designation is specifically named as an approved credential in various condominium legislation across Canada.
When you earn the CRP designation you gain an added depth of knowledge and the ability to conduct a reserve fund study to enable organizations to prepare for the future and ensure sound financial health. Reserve fund planning is one of the most thriving designations offered. In the competitive business world of today, Certified Reserve Planners are highly pursued by appraisers, architects, engineers and property managers.
EARNING THE CRP DESIGNATION
The CRP designation education programming is offered in collaboration with UBC Sauder School of Business. Once an application is received and admission to the program is granted, candidates will receive a link to access UBC courses.
To earn the CRP designations, the following are required:
- Education Requirements
Core (Offered by REIC)
REIC 2600 Ethics in Business Practice
CRP Building Systems Technical Conference (September 21, 2022)
CRP Standards Workshop (anticipate starting in Fall 2022)
- Certification Examination
Candidates are required to pass a certification exam after completion of all education requirements.
- Panel Interview
Candidates are required to complete a peer interview with a panel of experienced CRPs.
CREDIT FOR PREVIOUS EDUCATION AND WORK EXPERIENCE
Members of the Appraisal Institute of Canada who have completed the core courses at UBC can receive credits towards the CRP designation. Members can also apply for prior learning assessment and recognition (PLAR) for the pre-requisite courses offered by UBC or another post-secondary institution.
The courses should be taken in the order specified above except for the REIC 2600 which may be taken at any time before the certification exam.
In November 2021, (AIC) and the Ordre des évaluateurs agréés du Québec (OEAQ) signed a Memorandum of Understanding (MOU) to support the work of its respective members and industry in a public protection perspective. This MOU will allow AACI-designated members of the AIC and certified Évaluateurs Agréés (É.A.) members of OEAQ to obtain dual designation through an expedited process and will provide AIC members with another way to further diversify their practice.
This MOU addresses only the education component of both designations and not the professional insurance component. Once a member has met all requirements and holds the É. A. and AACI designations, the member must pay the membership fees for both organizations and participate in both insurance programs. In accordance with CUSPAP, dual designated members will be held to the higher of the two organizations’ standards.
The full MOU can be read HERE. For any questions, contact