FIELD                 Multi-field

 

Revision of Business qualification and Review of Real Estate qualifications

 

New Zealand Diploma in Business (with strands in Accounting, Administration and Technology, Leadership and Management, and Māori Business and Management) (Level 6) [Ref: 2460]

National Certificate in Real Estate (Salesperson) (Level 4) [Ref: 1543]

National Certificate in Real Estate (Branch Manager) (Level 5) [Ref: 1288]

National Diploma in Real Estate (Agent) (Level 5) [Ref: 1731]

 

The qualifications above have been revised and reviewed by NZQA Qualifications Services (NQS) and The Skills Organisation respectively.

 

Date new versions published                                                          April 2016

 

The next qualification review for the Real Estate qualifications is planned to take place by December 2020.  The planned review date for the Business qualification remains unchanged (December 2019).

 

Summary of the consultation process

 

The mandatory review of Real Estate qualifications was triggered by NZQA in February 2014.  The review was completed by The Skills Organisation and included broad consultation with industry and training provider stakeholders to ensure that reviewed qualifications would meet current and future needs.

 

The review supported replacing the Level 4 Salesperson national certificate with an equivalent New Zealand Certificate.  The review also determined that the needs identified by the current Branch Manager and Agent qualifications were better addressed by adding a new Real Estate strand on the New Zealand Diploma in Business.  Consultation with the Business qualification developer – NQS – took place throughout 2014 and the addition of the strand was endorsed by relevant stakeholders.

 

An additional specialist qualification at Level 5 was also developed as a result of the review of the Real Estate qualifications.

 

Main changes resulting from the revision and review

 

Version 2 of the New Zealand Diploma in Business (with strands in Accounting, Administration and Technology, Leadership and Management, and Māori Business and Management) (Level 6) [Ref: 2460] was listed to include a strand in Real Estate and the title was updated accordingly.

 

National Certificate in Real Estate (Salesperson) (Level 4) [Ref: 1543]

replaced by

New Zealand Certificate in Real Estate (Salesperson) (Level 4) [Ref: 3111]

 

Review category

C

See Key to Qualification Review Categories at the end of report

 

National Certificate in Real Estate (Branch Manager) (Level 5) [Ref: 1288]

 

Review category

D

See Key to Qualification Review Categories at the end of report

 

National Certificate in Real Estate (Agent) (Level 5) [Ref: 1731]

 

Review category

D

See Key to Qualification Review Categories at the end of report

 

A new New Zealand qualification, the New Zealand Certificate in Real Estate (Specialist) (Level 5) with strands in Business Broking; Commercial and Industrial; Residential; and Rural [Ref: 3112] was developed and listed.

 

Transition

 

People currently enrolled in programmes leading to Ref: 1543, Ref: 1288 or Ref: 1731 may complete the requirements to meet these qualifications but will need to do so by 31 December 2019.

 

The last date for entry into programmes leading to Ref: 1543, Ref: 1288 or Ref: 1731 is 31 December 2017.

 

It is anticipated that no existing candidates will be disadvantaged by these transition arrangements.  However, anyone who feels that they have been disadvantaged may appeal to The Skills Organisation at the address below:

 

The Skills Organisation

FREEPOST 5164

PO Box 24469

Royal Oak

Auckland 1345

Telephone     09 525 2590

Email              reviewcomments@skills.org.nz

 

Key to Qualification Review Categories

 

Category A

The qualification is published as a new version with the same NZQF ID

Changes are made to SSB name, contact details or purpose statement

No change is made to title, rules or components of the qualification

No transition arrangements are required

Category B

The qualification is published as a new version with the same NZQF ID

Changes are made to title, rules or components

The new version of the qualification recognises a similar skill set to that recognised by the previous version

The SSB is confident that people awarded the new or previous version are comparable in terms of competence

Transition arrangements are required if candidates must gain additional/different credits for the new version

Category C

A new (replacement) qualification is published with new NZQF ID

Significant changes are made to the qualification in terms of components, structure, type or level

The SSB views people with the replacement qualification as being significantly different in terms of competence from those with the replaced qualification

Transition arrangements are required

Transition may be limited to phase-out dates

Category D

Qualification will expire.

There is no replacement qualification

Qualification is no longer required by industry

The qualification is designated as expiring and a last date for meeting the qualification requirements is set