An assessment of valuation education and training in Kenya in comparison with practice

Abstract

PurposeThis paper examines participants' opinions on whether valuation education and training in Kenya is adequate while comparing it to actual material conditions.Design/methodology/approachThis research is based on a survey of registered and practicing valuers in Kenya, interviews of key informants from professional bodies and the five universities offering real estate degree courses in Kenya, and a review of Kenya's real estate curricula and Institution of Surveyors of Kenya (ISK) training.FindingsIt was perceived that while valuer education and training in Kenya is satisfactory, it differs from actual material conditions as it fails to cover practical issues in valuation practice.Originality/valueThe study makes a critical contribution to the empirical literature by introducing new insights in valuation education and training in Kenya.