CIOB awards full accreditation to an MBA for the first time

The Chartered Institute of Building (CIOB) has awarded full accreditation to an MBA programme for the first time.

Following an application from the College of Estate Management, the MBA in Construction and Real Estate was approved by the CIOB’s Accreditation Panel in early 2007 and receives full accreditation for five years.

Robert Wilkie MCIOB, member of the CIOB’s Accreditation Panel, said “Traditional MBAs treat management as an independent discipline that may be applied to all industries. The MBA in Construction and Real Estate, however, is different in that it focuses directly on the construction and property environment from which all course members are drawn. This enables the course to aim at developing an advanced understanding of corporate business management with a particular focus on construction and real estate development. This specialist approach uses case studies drawn from the built environment disciplines with a particular emphasis on international development activity. It is the bespoke nature of this course that makes it unique amongst MBAs and a welcome additional route to CIOB membership.”

Ben Elder director of Business Development at the College of Estate Management is delighted with the accreditation. He said, “The recognition of the MBA in Construction and Real Estate by the CIOB is a very important step for what is a unique MBA programme that focuses on the Construction and Real Estate Industries. The programme is designed to improve the management of companies within both sectors by educating the Board Members of tomorrow. We see the recognition by the CIOB as an endorsement of these aims particularly within the construction sector where both our organisations are striving to improve quality of service”.

The CIOB currently accredits over 45 institutions and 117 courses worldwide.