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AQB approval puts UNI Real Estate Program grads far ahead in appraisal certification

November 19, 2012

Art Cox, interim head of the UNI Department of Finance, 319-273-6986,

Rebecca Schultze, communications and public relations manager, UNI College of Business Administration, 319-273-3309

CEDAR FALLS, Iowa – Graduates of the University of Northern Iowa Real Estate Program, retroactive to the 2004-2005 academic year, are now approved to have satisfied 267 hours of credit toward the Real Property Appraiser Qualification Criteria for the Certified General Appraiser licensing.

The UNI program is only the third program in the United States to receive this level of approval from the Appraiser Qualifications Board (AQB) of The Appraisal Foundation.

"If you want to be an appraiser, you have to be certified," said Art Cox, interim head of the UNI Department of Finance. "By satisfying a vast majority of the education requirements for the Certified General credential, our students will be far ahead of their peers at graduation."

UNI's College of Business Administration offers the state's only undergraduate major in real estate, as well as a minor in real estate through the UNI Center for Real Estate Education. Graduates with a bachelor's in real estate from UNI will still need to fulfill 33 educational hours with the National USPAP Course and Market Analysis & Highest and Best Use course, pass the certified general exam and complete 3,000 hours of work experience to become fully credentialed.

"This fits in with our College's efforts to give our students an edge in professional certifications that will propel their careers," said UNI College of Business Administration Dean Farzad Moussavi, referring to UNI business students' history of success in passing the CPA certification, CFA® Level 1 certification and the NASBITE global business professional exam.

The only other AQB-approved undergraduate program is at the University of Denver. The University of Denver and Texas A&M graduate programs also are AQB-approved. For more information about AQB, visit

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