Description
Course Name: Diploma in Co- Operative Housing Society Management
Course Id: DCHSM/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: The Diploma in Co-Operative Housing Society Management is designed for individuals looking to build expertise in managing residential communities effectively. The program offers practical knowledge of legal frameworks, financial operations, dispute resolution, and governance, making it ideal for property managers, society members, and professionals in housing administration.
Duration: 370 Hrs (Equivalent to One Year).
Total Credits: 18.
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
How Students will be Graded: | ||
S.No. | Marks | Grade |
1 | 91-100 | O (Outstanding) |
2 | 81-90 | A+ (Excellent) |
3 | 71-80 | A (Very Good) |
4 | 61-70 | B (Good) |
5 | 51-60 | C (Average) |
6 | 41-50 | P (Pass) |
7 | 0-40 | F (Fail) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
Syllabus
Introduction to Co-Operatives: Introduction, the genesis and evolution of co-operatives, credit co-operatives and banks, milk co-operatives, sugar co-operatives, natural resources management co-operatives, consumer co-operatives, impact of co-operatives on rural development.
Financial Management: Introduction, concept of financial management, scope of financial management, function of finance, role of finance manager, types of financial analysis, liquidity ratios, profitability ratios, trading on equity, concept of funds, sources of funds, classification of cash flows, procedure for preparing cash flow statements.
Housing Society Management: Introduction, definitions, registration procedure, funds rising for co- operative societies, accounts and books- co-operative society, fund based accounting, important links and web sites.
Maintenance and Administration: Revenue administration, administration of justice, the nature of administration, role of divisional commissioners, public service commissions, development and welfare content of administration.
Legal Framework: Classification of companies, formation of a company, transfer and transmission of shares, national company law tribunal, one person company (OPC) , corporate social responsibility, meeting of shareholders of companies, restrictive and unfair trade practices, the consumer protection act.
Property Management: Real estate scope, factors affecting real estate market, legal considerations, forecasting the real estate market, environmental issues, builders & promotors, advisory & consulting companies, marketing agencies, formulation of business model with feasibility, evaluation & monitoring.
Job Opportunities after completion of Diploma in Co-Operative Housing Society Management course:
After successful completion of the Diploma in Co-Operative Housing Society Management program, graduates are well-equipped to manage and oversee the operations, administration, and financial activities of cooperative housing societies. This program focuses on the management of housing societies, including legal regulations, financial administration, maintenance, and member relations, making graduates valuable assets for organizations in the real estate and property management sectors.
Career Options After Completing the Diploma in Co-Operative Housing Society Management:
- Housing Society Manager:
- Housing Society Managers are responsible for the day-to-day operations of a housing society, including managing the society’s finances, organizing meetings, ensuring compliance with legal regulations, and handling member concerns.
- Cooperative Housing Administrator:
- Administrators manage the overall functioning of cooperative housing societies, ensuring that all activities, including maintenance, budgeting, and conflict resolution, are carried out smoothly and efficiently.
- Property Manager (Co-Operative Housing):
- Property Managers are responsible for the upkeep, management, and maintenance of residential properties within a cooperative housing society. They deal with rent collection, property repairs, and ensuring that the society’s rules and regulations are followed.
- Maintenance Coordinator:
- Maintenance Coordinators handle the maintenance and repair needs of housing societies, managing tasks such as arranging repairs, overseeing cleaning services, and ensuring the proper functioning of communal facilities.
- Accounts Manager (Housing Societies):
- Accounts Managers in housing societies are responsible for budgeting, maintaining financial records, handling payments, and preparing reports related to the finances of the society, including the collection of maintenance fees and other dues.
- Legal Advisor (Housing Society):
- Legal Advisors provide legal counsel to housing societies, helping them navigate the laws and regulations that govern cooperative housing societies. They assist with disputes, agreements, contracts, and compliance with the relevant legal frameworks.
- Member Relations Officer:
- Member Relations Officers act as a liaison between the society management and its members. They handle complaints, resolve disputes, and maintain positive relationships between the management and the residents.
- Facility Manager (Cooperative Housing):
- Facility Managers oversee the facilities and amenities within cooperative housing societies, such as elevators, parking areas, clubhouses, and gardens. They ensure that all amenities are well-maintained and meet the residents’ needs.
- Compliance Officer (Cooperative Housing):
- Compliance Officers ensure that the housing society adheres to local regulations, zoning laws, and safety standards. They are responsible for making sure that the society operates within legal boundaries and meets all required standards.
- Co-Operative Housing Consultant:
- Consultants advise housing societies on best practices for operations, governance, and legal compliance. They provide specialized knowledge to improve the management of cooperative housing societies and can assist in resolving issues related to finances, maintenance, and legal matters.
- Real Estate Manager (Cooperative Housing):
- Real Estate Managers specializing in cooperative housing are responsible for handling the buying, selling, and leasing of properties within the cooperative. They ensure that the properties are marketable and comply with the regulations governing housing societies.
- Public Relations Officer (Housing Society):
- Public Relations Officers work on the reputation and communication of the housing society. They handle public relations, organize events, and manage communication between the society and its members.
- Estate Officer:
- Estate Officers manage properties, including overseeing tenant agreements, rent collection, and compliance with society rules. They ensure that the estate is well-maintained, properly utilized, and meets legal requirements.
- Project Coordinator (Housing Society Development):
- Project Coordinators manage the construction and development of new housing projects or the redevelopment of existing societies. They oversee project planning, implementation, and ensure that construction work complies with safety and quality standards.
- Risk Management Officer (Housing Society):
- Risk Management Officers are responsible for assessing potential risks to the housing society, such as financial risks, legal risks, and physical risks to the buildings or facilities. They develop strategies to mitigate these risks.
- Housing Society Auditor:
- Auditors specialize in evaluating the financial records of housing societies. They ensure that the society’s financial statements are accurate and comply with accounting standards and regulations.
- Billing and Collection Officer (Housing Society):
- Billing and Collection Officers manage the process of collecting dues from residents, including maintenance fees, repair charges, and other payments. They ensure that payments are processed on time and track outstanding dues.
- Town Planning and Development Consultant (Cooperative Housing):
- These professionals advise on the planning and development of housing societies, ensuring that they meet the requirements for urban development, zoning laws, and environmental sustainability.
- Community Development Officer:
- Community Development Officers work to build and maintain a sense of community within the housing society. They organize events, foster communication between residents, and promote community engagement.
- Housing Society Board Member:
- A graduate with extensive experience may eventually join the board of a housing society as a director or trustee, helping with high-level decision-making, policy formation, and governance of the society.
Salary Range:
Salaries for graduates of the Diploma in Co-Operative Housing Society Management program can vary depending on the role, the size of the housing society, and the location. Here’s a general idea of the salary range:
- Entry-Level Positions (0-2 years of experience):
- Salary Range: ₹2.5 LPA – ₹4.5 LPA
- Fresh graduates starting out in roles like assistant manager, billing officer, or maintenance coordinator can expect salaries between ₹2.5 lakh and ₹4.5 lakh per year.
- Mid-Level Positions (3-5 years of experience):
- Salary Range: ₹4.5 LPA – ₹7 LPA
- Professionals with 3-5 years of experience, such as housing society managers or property managers, can earn between ₹4.5 lakh and ₹7 lakh annually.
- Senior-Level Positions (5+ years of experience):
- Salary Range: ₹7 LPA – ₹12 LPA
- Senior professionals in roles such as housing society administrator, legal advisor, or compliance officer can expect to earn between ₹7 lakh and ₹12 lakh annually.
- Specialized Roles (Consultants, Legal Advisors, etc.):
- Salary Range: ₹5 LPA – ₹12 LPA
- Specialized consultants or legal advisors working with large housing societies or as independent consultants may earn between ₹5 lakh and ₹12 lakh annually.
- Top Management Roles (Housing Society Board Members, Senior Managers):
- Salary Range: ₹12 LPA – ₹20 LPA or more
- Senior managers or board members with significant experience and responsibilities can earn between ₹12 lakh and ₹20 lakh annually, or even higher depending on the size and reputation of the society.
- Freelance and Consulting Roles:
- Income Range: Varies widely
- Freelancers and independent consultants in housing society management can earn between ₹6 lakh and ₹15 lakh annually, depending on the scale and number of clients.
Industries and Sectors for Career Opportunities:
- Cooperative Housing Societies:
- Graduates can work directly in managing or overseeing housing societies, ensuring that they run efficiently and comply with regulations.
- Real Estate Developers:
- Real estate developers often require housing society management professionals to help establish and maintain cooperative housing societies for their residential developments.
- Property Management Firms:
- Many property management firms hire graduates to manage cooperative housing societies as part of their portfolio of residential properties.
- Government and Public Housing Projects:
- Local or regional government housing authorities may also hire professionals to manage public or subsidized housing societies, ensuring they comply with regulations and meet residents’ needs.
- Legal and Consulting Firms:
- Legal and consulting firms specializing in property law or cooperative housing regulations hire experts to advise housing societies on governance, financial management, and legal matters.
- Insurance Companies:
- Insurance companies hire housing society managers to assess and manage the insurance needs of cooperative housing societies, including property and liability coverage.
- Non-Profit Organizations:
- Non-profits involved in community development may employ housing society management professionals to oversee the management of affordable housing projects and ensure community welfare.
Conclusion:
The Diploma in Co-Operative Housing Society Management offers a broad range of career opportunities in property management, legal and financial sectors, and public services. Graduates can work in various industries, including real estate, government housing, property management, and consulting. With growing urbanization and the increasing need for professional management of cooperative housing societies, there is significant demand for qualified professionals in this field, offering ample career growth and competitive salaries.
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