RICS

The Royal Institution of Chartered Surveyors (RICS) is a globally recognised

professional body that sets and enforces standards in the surveying and property

industries. Established with the goal of promoting professionalism and ethical

conduct, RICS has become synonymous with excellence and integrity in the built

environment sector.

The history of the institution

RICS was founded in 1868 as the Institution of Surveyors in London. It was created

during a period of rapid industrialisation and urbanisation in the UK, which saw

increased demand for surveying and land management expertise. By 1881, the

institution had gained its first Royal Charter, recognising its role in setting

standards and regulating the surveying profession.

The organisation adopted its current name, the Royal Institution of Chartered

Surveyors, in 1947. Over the years, RICS has grown from a UK-centric organisation

to a global leader, with offices in major cities worldwide and members practising

in over 150 countries.

Today, RICS plays a vital role in shaping the future of the built and natural

environments, providing guidance on issues such as sustainability, technology,

and urban development.

What do RICS do?

RICS exists to uphold high professional standards across the surveying and

property professions. Their purpose includes:

1. Setting Standards

RICS develops and maintains standards to ensure consistency,

transparency, and professionalism across the industry. These standards

cover areas such as valuation, building surveying, construction, and land

management.

2. Education and Training

The institution provides training, resources, and qualifications to help

individuals and organisations develop their skills and knowledge.

3. Regulation and Ethics

As a self-regulating body, RICS ensures its members adhere to strict ethical

guidelines. Members who breach these standards can face disciplinary

action.

4. Promoting Best Practices

Through research, publications, and global collaborations, RICS promotes

innovation and best practices in the property and construction industries.

RICS Charterships and Membership Grades

RICS’s awards professional qualifications to individuals. Achieving RICS

chartership is widely regarded as a mark of excellence and expertise. Below are

the primary membership grades:

1. Associate Member (AssocRICS)

• This is the entry-level membership, awarded to individuals with relevant

work experience or qualifications.

• Associates can progress to full chartered status with further study and

experience.

2. Chartered Member (MRICS)

• Achieving MRICS status signifies a high level of professional competence

and ethical practice.

• To become an MRICS, candidates must pass the Assessment of

Professional Competence (APC), which involves submitting a portfolio and

undergoing an interview.

3. Fellow Member (FRICS)

• Fellowship is awarded to members who demonstrate exceptional

achievement and leadership in their field.

• FRICS status reflects a significant contribution to the profession.

Specialisms within RICS

RICS professionals work across a variety of disciplines within the built and natural

environment, including:

• Valuation: Assessing the value of land, property, or assets.

• Building Surveying: Inspecting structures to ensure safety, compliance, and

functionality.

• Quantity Surveying: Managing construction costs and contracts.

• Land and Rural Management: Overseeing the use of land and natural

resources.

• Environment and Sustainability: Advising on climate resilience and

sustainable practices.

Helpful links: https://www.rics.org/