Home > CFM Connect > Gain premier professional status with RICS

Gain premier professional status with RICS

Oct 03, 2017

“RICS is a well-recognised standard globally.”
Graeme Bishop MRICS, Global Account Director, ISS

In an increasingly competitive global FM industry, RICS status is recognized around the world as a demonstration of proven professionalism, standards and ethics. By combining your CFM credential with another globally recognized professional qualification you will be extending your reach and benefit from holding elite status in FM and real estate. And importantly you’ll have a higher earnings potential - an RICS professional earns over $16k a year over non RICS professionals.

Five benefits of RICS:

  1. Status – In addition to being a highly qualified CFM, with a chartered FM qualification (MRICS) you can promote your trusted and regulated status to clients, peers and employers as the brand promises consistent professional excellence
  2. Recognition – As a global qualification, RICS offers you enhanced status in your country through the broader reach and recognition of the professional status in the industry internationally 
  3. Market advantage – Holding both CFM and an RICS qualification makes you twice as marketable; FM knowledge and the property professional status of RICS offers you wider or integrated career opportunities and an additional $16k a year in salary
  4. Knowledge – Free access to international practice guidance and knowledge resources for the wider construction and real estate sector
  5. Networking – Connecting to 125,000 professionals working across the whole property life cycle offers you valuable links and career opportunity in the wider built environment 

    “At an individual and a corporate level, RICS has helped us develop both professional excellence and leadership capability that can really make a difference for our clients.”
    Bruce Melizan FRICS, Executive Director – Interserve

    Who should pursue the MRICS qualification?
    Strategic facility management executives with a combination of academic and/or professional qualifications, as well as experience.

    How do I earn the MRICS qualification?
    To qualify, your CFM credential is recognised for enrolment onto the Assessment of Professional Competence (APC). You will be assessed through written submissions and a face-to-face interview that will demonstrate your technical and professional soft skill competencies and professional ethics.

    What does the APC include?
    MRICS Assessment of Professional Competence (APC) Judgement

    How will I be assessed?
    Here is a summary of the competency requirements you will need to demonstrate:
    MRICS Competency Requirements

    What does it cost to gain MRICS status?
    Enrolment fee USD$407
    Election Fee USD$249
    RICS professional fees (subscription fees) can be found at rics.org/professionalrenewals

    Where do I take the APC?
    Your written submissions can be prepared and submitted while working through the RICS Assessment Resource Centre. You can then apply to sit the final assessment. Visit rics.org/finalassessment to find out when final assessment interviews take place.

    How long does it take to become MRICS?
    Depending on your experience, it will typically take between 12 months and five years to qualify.

    Do I have to recertify?
    No, as long as you maintain your RICS professional fees, adhere to the RICS rules and regulations and complete a minimum of 20 hours of continuing professional development (CPD) each year, you will be qualified as MRICS.