A Study on the Characteristics of Real Estate Education in Korean Universities through Text Mining-based Curriculum Analysis

Abstract

Text mining is a method of analyzing text data to derive the characteristics or status of a described object. Since an educational program's curriculum reflects the content and goals it aims to teach, text analysis of the curriculum can reveal the characteristics of the program. This study employs text mining techniques to analyze the curricula of real estate education programs at Korean universities and proposes strategies for future development. The paper presents three main findings: First, by analyzing the curricula of universities in the UK and US that offer real estate education, the study identifies the unique characteristics of each country’s approach, reaffirming previously identified differences between them. Second, real estate education at Korean universities features an eclectic curriculum that incorporates elements of both UK and US real estate education, resulting in diverse curricular offerings across institutions. Lastly, for individual Korean universities, the study provides guidelines for the development of their departmental education by indicating which UK or US universities have the most similar or different curricula.