Mumbai, 27th October 2016: RICS, a global professional body for chartered qualification and standards in the built environment sector today announced MRICS (Member of RICS) chartered qualification for a select set of Larsen & Toubro (L&T) executives. The announcement follows the successful completion of a specially crafted one-year long training and development program by 15 L&T executives from across the country. In June, 2015, RICS had signed a three-year agreement with engineering & construction giant Larsen & Toubro to deliver one-year executive education program for its quantity surveying professionals.
An MRICS chartered qualification signifies that the professional works to the highest industry standards. This chartered qualification is given to the built environment sector professionals based on their educational background, professional work experience and demonstrated acumen in pre-determined set of globally benchmarked competencies.
“The fact that 15 executives received MRICS chartered qualification shows the strength of our training program and an effective partnership with L&T,” said Sachin Sandhir, Global Managing Director, Emerging Business, RICS. “We are happy that the country’s largest construction conglomerate L&T is investing in building a competent workforce by partnering with RICS for converting some of its staff into Chartered Quantity Surveyors - recognized worldwide as the highest level of professional competence,” Sandhir said.
Construction professionals from L&T with a minimum of five years of work experience, with an engineering degree are eligible for the executive education program. The program is meant to deliver the necessary knowledge and competencies required by RICS chartered quantity surveying professionals. The delivery partners for this program are L&T IPM (L&T institute for Project management) and RICS School of Built Environment, Amity University (delivery partner for RICS).
The firstatch of 15 executives have received their chartered qualification putting them in a select group of global chartered quantity surveyors.
Dr. Anil Sawhney FRICS, Associate Dean, School of Construction at RICS SBE, who designed the program alongside colleagues from L&T said, “The MRICS chartered qualification will elevate the practicing Quantity Surveyors at L&T to the highest levels of competence, thereby giving L&T a commercial advantage in the long run with better managed projects. It is a wonderful milestone for the RICS School of Built Environment to be center stage in this initiative.”
Dr Bhimaraya Metri Dean- L&T IPM said, “Quantity surveying (QS) is a strongly emerging profession and RICS is well established in the QS domain. The partnership with RICS for the purpose of getting our engineers an MRICS chartered qualification was a good move to progress forward in a structured manner. The pathway to MRICS is a great advantage that our valued employees will receive and this was one of the major USPs of the program. We have already confirmed the repetition of this program for next batch of eligible employees”
About RICS
RICS is a global professional body. We promote and enforce the highest professional qualification and standards in the development and management of land, real estate, construction and infrastructure. Our name promises the consistent delivery of standards – bringing confidence to the markets we serve. The work of our professionals creates a safer world: we are proud of our profession’s reputation and we guard it fiercely. RICS offers a wide range of executive education & training solutions for real estate and construction professionals as well as employers. RICS School of Built Environment, Amity University and its faculty are the delivery partners for such training programs.
About RICS SBE
RICS School of Built Environment (RICS SBE), Amity University, is an industry led academic institution which delivers specialized undergraduate and post graduate to students aspiring to work within real estate, construction & infrastructure sector. It serves as a centre for education, training, research and technical guidance. Set up in 2013, RICS SBE is supported by leading real estate, construction & infrastructure firms as well as the Ministry of Urban Development, GoI. It is located at Amity University’s Noida campus and has nearly 450 students enrolled.
About Larsen & Toubro IPM
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with USD 16 billion in revenue. It operates in over 30 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades. L&T Institute of Project Management has been set up by Larsen & Toubro as a premier world class education center, for creating global project management professionals, thereby making Larsen & Toubro a center of excellence in project management