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Annual Report 2012 - The Australian Property Institute

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<strong>The</strong> <strong>Australian</strong> <strong>Property</strong> <strong>Institute</strong> <strong>Annual</strong> <strong>Report</strong> | <strong>2012</strong>In order to maintain the high level of educational standardsexpected of property professionals, the API has developedminimum standards which our partner universities exceed.Future <strong>Property</strong> Professionals(FPP) program<strong>The</strong> FPP program has been developed by the API to furthercontextualise the knowledge gained by recent universitygraduates and to enable the practical application of theseskills in the workplace.<strong>The</strong> launch of the program has been a phenomenalsuccess for the API. In excess of 1500 modules wereenrolled in by about 200 applicants since its compulsoryinception in July <strong>2012</strong>. <strong>The</strong> FPP program is continuallyunder development. Further modules are beingdeveloped, the delivery platform is being improvedand other modules are being updated and refined.Risk Management Module (RMM)<strong>The</strong> RMM was launched in July <strong>2012</strong> for members and nonmembersundertaking valuations. <strong>The</strong> module has been offeredextensively in face-to-face format by Divisions and online.Expansion of Membership PathwaysNEB has been requested by National Council to reviewand enhance membership pathways for those seeking APImembership. A formal review is currently occurring with thedevelopment of practical and logical pathways to membershipof the API for all property professionals.In excess of1500 modules wereenrolled in by about200 applicants11

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