• News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

RICS, Amity Set Up School of Built Environment

Photo Credit :

RICS, The Royal Institution of Chartered Surveyors (a leading professional qualification and standard setting body in land, property and construction sector) and Amity University have set up the RICS School of Built Environment, Amity University at Noida campus, to address the shortage of skilled professionals in the sector.

School of Built Environment will offer a range of academic degree programmes, including BBA in Real Estate and Urban Infrastructure, MBA in Real Estate and Urban Infrastructure (with specialisation in Investment Finance or Marketing) and MBA in Construction Project Management.

The School will also offer management sevelopment programmes to meet the training and development requirements of existing professionals in sector.

Sachin Sandhir, MD-RICS South Asia said: "Built environment is severely being impacted by a demand-supply mismatch of professionals. The projected shortage of various core and specialised professionals to the tune of 44 million is a cause for significant concern, as it threatens the sustainability of high growth sectors of real-estate, construction and infrastructure, which contribute significantly to the nation's economic development. Considering the dearth of quality talent within built environment stems from the absence of specialized education in the sector, we are extremely glad to have set up the RICS School of Built Environment, Amity University as a world-class, industry led academic institutionthat will help bridge the skills gap in India by equipping 15,000-20,000 professionals over the next three to five years, thereby ensuring that the growing demand for quality real estate, construction and infrastructure in the country are adequately met."

This industry led academic initiative is supported by the Ministry of Urban Development, where the School aims to bridge the professional skills gap in real estate, construction, infrastructure and associated services - collectively termed as 'built environment', by delivering 'industry ready' professionals from the day students complete their education and step into the industry.

Globally, the built environment sector accounts for 10 per cent of the work force, 70 per cent of wealth, 60 per cent of all utilised materials, 40 per cent of carbon emissions and 60 per cent of energy utilization. In India, the sector accounts for nearly 17.5 per cent of the GDP, second only to agriculture and is the second largest employer with over 50 million people working in built environment.