Property management certificate programs are offered through community colleges and 4-year institutions of higher learning. Students are trained in the basics of leasing laws, human resource management, business management and basic accounting. They also learn how to oversee maintenance crews, advertise open apartment spaces and run credit checks on applicants. Qualified individuals can pursue voluntary certification through private organizations.
The educational prerequisites for property management certificate programs differ greatly among schools. Some colleges offering such programs do so only for working professionals who are interested in gaining certification in the field. Others offer the programs to any individual with a high school diploma who is interested in learning about property management. Still other certificate programs are offered as part of larger degree programs in real estate development or facility management.
Apartment Management Certificate
Most of the courses included in an apartment management certificate program cover the specific procedures and laws followed by property managers. These topics may include:
- Residential property management
- Commercial property management
- Advertising management
- Tenant law
Popular Career Options
Apartment managers can work for real estate firms, individual corporations and employers, building management companies or private citizens. Any graduate of a certificate program in property management is eligible for one of the following positions: on-site apartment manager, commercial property manager, residential property manager, community association manager, or real estate associate.
Job Outlook and Salary Information
The overall number of property, real estate and community association managers was projected to increase 8% between 2014 and 2024, according to the U.S. Bureau of Labor Statistics (BLS), which is about as fast as the national average. These professionals earned median salaries of $55,380 as of 2015, notes the BLS.
The National Property Management Association does offer certification in the property management field for individuals who are interested in gaining professional credentials. Gaining certification through the association involves completing an examination and renewal every five years. The National Apartment Association also offers the Certified Apartment Manager (CAM) credential for individuals who complete the CAM course through the organization.
Formal training isn't required to work as an apartment or building manager, but a certificate program gives students the background in maintenance, law and advertising needed to work in the industry. Additional voluntary certifications are available through professional organizations and involve passing an examination.