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1
‫داﻧﺸﮑﺪ‬
‫ة‬
‫ﻣﺪﯾﺮﯾﺖ‬
،‫اﻗﺘﺼﺎد‬ ‫و‬
‫داﻧﺸﮕﺎه‬
‫ﺷﺮﯾﻒ‬
‫ﻧﯿﻢ‬
‫ﺳﺎل‬
‫دوم‬
‫ﺗﺤﺼﯿﻠﯽ‬
1401
-
1400
‫درس‬ ‫ﻃﺮح‬
‫ر‬
‫ﯾ‬
‫ﺰ‬
‫درس‬
»
‫ﺳﺮﻣﺎ‬ :‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫ﯾ‬
‫ﻪ‬
‫ﮔﺬاري‬
‫ﺗﺄﻣ‬ ‫و‬
‫ﯿ‬
‫ﻦ‬
‫ﻣﺎﻟﯽ‬
«
Real estate Finance & Investment
1
‫ﻋﻤﻮﻣﯽ‬ ‫ﻣﺸﺨﺼﺎت‬ .
‫دوره‬
‫دوره‬ ‫ﻣﺪرﺳﺎن‬
‫ﺗﺒﺮﯾﺰي‬ ‫ﻋﺒﺪه‬ ‫ﺣﺴﯿﻦ‬
‫و‬
‫زاوه‬ ‫ﻓﺨﺮاﻟﺪﯾﻦ‬
h.abdoh.tabrizi@gmail.com
‫و‬
fakhra.zaveh@gmail.com
‫دﺳﺘﯿﺎر‬
‫ان‬
‫ﺑﺮﮔﺰاري‬ ‫زﻣﺎن‬
‫ﮐﺮﯾﻤﯽ‬ ‫ﻣﻬﺪي‬ ‫و‬ ‫ﻧﻮروزي‬ ‫ﻣﺤﻤﺪﺣﺴﯿﻦ‬ ،‫ﻣﺤﺒﯽ‬ ‫ﺳﺎﻻر‬
karimimahdi47@yahoo.com
،
mh.norouzi1996@gmail.com
‫و‬
salar.mohebbi1073@gmail.com
‫ﺑﻬﻤﻦ‬
‫ﺳﺎل‬ ‫ﻣﺎه‬
1400
‫ﻣﺎه‬ ‫ﺧﺮداد‬ ‫ﺗﺎ‬
1401
‫روزﻫﺎ‬ ‫؛‬
‫ي‬
‫ﺳﻪ‬
،‫ﺷﻨﺒﻪ‬
‫ﺳﺎﻋﺖ‬
18:00
–
15:00
‫ﺑﺮﮔﺰاري‬ ‫ﻣﺤﻞ‬
‫آﻣﻮزﺷﯽ‬ ‫ﺳﺎﯾﺖ‬
‫داﻧﺸﮑﺪ‬
‫ة‬
‫ﻣﺪﯾﺮﯾﺖ‬
‫اﻗﺘﺼﺎد‬ ‫و‬
‫ﻏﯿﺮﺣﻀﻮري‬ ‫ﮐﻼس‬ ،‫ﺷﺮﯾﻒ‬ ‫ﺻﻨﻌﺘﯽ‬ ‫داﻧﺸﮕﺎه‬
www.finance.ir
‫و‬
www.abdoh.net
2
‫ﭘﯿﺶ‬ .
‫ﻧﯿﺎزﻫﺎي‬
‫درس‬
‫داﻧﺸﺠﻮ‬ ‫از‬
‫ﯾ‬
‫ﺎن‬
‫ا‬
‫ﯾ‬
‫ﻦ‬
‫ﻣ‬ ‫اﻧﺘﻈﺎر‬ ‫دوره‬
‫ﯽ‬
‫رود‬
‫روﺷﻨ‬ ‫درك‬
‫ﯽ‬
‫ﻣﻔﺎﻫ‬ ‫ﺑﻪ‬ ‫ﻧﺴﺒﺖ‬
‫ﯿ‬
‫ﻢ‬
‫ﭘﺎ‬
‫ﯾ‬
‫ﮥ‬
‫ﻣﺎﻟ‬
‫ﯽ‬
‫زﻣﺎﻧ‬ ‫ارزش‬ ‫ﻣﺎﻧﻨﺪ‬
‫ﯽ‬
‫ر‬ ‫و‬ ‫ﭘﻮل‬
‫ﯾ‬
‫ﺴـﮏ‬
‫ﻫﻤ‬ .‫ﺑﺎﺷﺪ‬ ‫داﺷﺘﻪ‬ ‫ﺑﺎزده‬ ‫و‬
‫ﭽﻨﯿ‬
‫ﻦ‬
‫داﻧﺸﺠﻮ‬
‫ﯾ‬
‫ﺎن‬
‫ﺑﺎ‬
‫ﯾـ‬
‫ﺪ‬
‫ﺗﮑﻨ‬
‫ﯿـ‬
‫ﮏ‬
‫ﻫـﺎي‬
‫ﭘﺎ‬
‫ﯾـ‬
‫ﮥ‬
‫ارزﺷـ‬
‫ﯿ‬
‫ﺎﺑ‬
‫ﯽ‬
‫ﺗﻨﺰ‬ ‫ﻣﺎﻧﻨـﺪ‬
‫ﯾـ‬
‫ﻞ‬
‫ﺟﺮ‬
‫ﯾـ‬
‫ﺎن‬
‫ﻫـﺎي‬
‫ﻧﻘـﺪ‬
‫ي‬
‫را‬
‫ﭘ‬ ‫داﺷﺘﻦ‬ .‫ﺑﺸﻨﺎﺳﻨﺪ‬
‫ﯿ‬
‫ﺸ‬
‫ﯿ‬
‫ﻨﮥ‬
‫ﻋﻠﻤ‬
‫ﯽ‬
‫ﺗﺠﺮﺑـ‬ ‫و‬
‫ﯽ‬
‫ﺑـ‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﺑﺨـﺶ‬ ‫در‬
‫ﺮا‬
‫ي‬
‫داﻧﺸـﺠﻮ‬
‫ﯾ‬
‫ﺎن‬
‫ا‬ ‫در‬ ‫ﺣﺎﺿـﺮ‬
‫ﯾـ‬
‫ﻦ‬
‫دوره‬
‫ﺿﺮور‬
‫ي‬
‫ﻧ‬
‫ﯿ‬
‫ﺴﺖ‬
‫ﻧﺮم‬ ‫ﺑﺎ‬ ‫ﮐﺎرﮐﺮدن‬ ‫ﻣﻬﺎرت‬ ‫داﺷﺘﻦ‬ .
‫اﻓﺰار‬
Excel
‫ﻣﺎﺷـ‬ ‫و‬
‫ﯿ‬
‫ﻦ‬
‫ﺣﺴـﺎب‬
‫ﻫـﺎي‬
‫ﻣـﺎﻟ‬
‫ﯽ‬
‫ﺑـﺮا‬
‫ي‬
‫داﻧﺸـﺠﻮ‬
‫ﯾ‬
‫ﺎن‬
‫ا‬
‫ﯾـ‬
‫ﻦ‬
‫ﺗﻮﺻ‬ ‫دوره‬
‫ﯿ‬
‫ﻪ‬
‫ﻣ‬
‫ﯽ‬
‫ﺷﻮد‬
‫ﮐـﻼس‬ ‫در‬ ‫ﺷﺮﮐﺖ‬ ‫از‬ ‫ﻗﺒﻞ‬ .
،
‫و‬ ‫دو‬
‫ﯾـ‬
‫ﺪ‬
‫ﯾ‬
‫ﻮ‬
‫ي‬
‫ارﺳـﺎﻟ‬
‫ﯽ‬
‫ﺑـﺮا‬
‫ي‬
‫ﻣـﻮرد‬ ‫در‬ ‫ﺷـﻤﺎ‬
»
‫ﻣـﺎﻟ‬
‫ﯽ‬
‫ﭼ‬
‫ﯿ‬
‫ﺴـﺖ؟‬
«
‫و‬
»
‫ﻣﺮور‬
‫ي‬
‫ﻣﺎﻟ‬ ‫ﺑﺮ‬
‫ﯽ‬
‫ﺷﺮﮐﺖ‬
‫ﻫﺎ‬
«
‫را‬
‫ﺑﺒﯿ‬
‫ﻨ‬
‫ﯿ‬
‫ﺪ‬
‫آﻧ‬ ‫ﻧﻮﺷﺘﺎر‬ ‫و‬
‫ﻬﺎ‬
‫ﮐﻨ‬ ‫ﻣﻄﺎﻟﻌﻪ‬ ‫را‬
‫ﯿ‬
‫ﺪ‬
.
3
‫ﺷﺮح‬ .
‫دوره‬
‫ﻣﻬﻤـ‬ ‫ﺳﻬﻢ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫ﯽ‬
‫ﺣـﺪود‬ .‫دارد‬ ‫ﮐﺸـﻮرﻫﺎ‬ ‫اﻗﺘﺼـﺎد‬ ‫در‬
‫ﯾـ‬
‫ﮏ‬
‫ﺳـﺮﻣﺎ‬ ‫ﺳـﻮم‬
‫ﯾ‬
‫ﻪ‬
‫ﻫـﺎي‬
‫زﻣـ‬ ‫ﺑـﻪ‬ ‫ﺟﻬـﺎن‬
‫ﯿ‬
‫ﻦ‬
‫و‬
‫ا‬ ‫در‬ .‫دارد‬ ‫اﺧﺘﺼﺎص‬ ‫ﺳﺎﺧﺘﻤﺎن‬
‫ﯾ‬
‫ﺮان‬
‫ﻧ‬
‫ﯿ‬
‫ﺰ‬
‫ﻣﻘ‬ ‫در‬
‫ﯿ‬
‫ﺎس‬
‫ﻗﺎﺑـﻞ‬ ‫رﻗﻢ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ارزش‬ ،‫ﮐﺸﻮر‬ ‫اﻗﺘﺼﺎد‬
‫ﻣﻼﺣﻈـﻪ‬
‫اي‬
‫ا‬ .‫اﺳﺖ‬
‫ﯾ‬
‫ﻦ‬
‫ﻣﻬﻤ‬ ‫ﺷﺎﺧﺺ‬ ‫ﺑﺨﺶ‬
‫ﯽ‬
‫ﺑﺮا‬
‫ي‬
‫ﺗﻮﺳﻌﻪ‬
‫ﯾ‬
‫ﺎﻓﺘﮕ‬
‫ﯽ‬
‫ﻣـ‬ ‫ﻣﺤﺴﻮب‬ ‫اﻗﺘﺼﺎد‬
‫ﯽ‬
،‫ﺷـﻮد‬
‫ﮔﻮﻧـﻪ‬ ‫ﺑـﻪ‬
‫اي‬
‫ﮐـ‬
‫ﻪ‬
‫ﺳـﺎﺧﺘﻤﺎن‬
‫ﻫـﺎي‬
‫ﻣﺤﻮﻃﻪ‬ ‫و‬ ‫ﻣﺪرن‬
‫ﻫﺎي‬
‫ﻫ‬
‫ﯿ‬
‫ﺠﺎن‬
‫اﻧﮕﯿ‬
‫ﺰ‬
‫ﺣﺘ‬
‫ﯽ‬
‫ﻧﺸﺎﻧﻪ‬ ‫از‬
‫ﻫﺎي‬
‫ﭘ‬ ‫روﺷﻦ‬
‫ﯿ‬
‫ﺸﺮﻓﺖ‬
‫اﻗﺘﺼﺎد‬
‫ي‬
‫ﺗﻠﻘ‬
‫ﯽ‬
‫ﻣ‬
‫ﯽ‬
‫ﺷﻮﻧﺪ‬
‫ﻫﻢ‬ .
‫ﭼﻨﯿ‬
،‫ﻦ‬
‫و‬ ‫اﻣـﻼك‬
‫ﻋﻨﻮان‬ ‫ﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت‬
»
‫دارا‬ ‫ﻃﺒﻘﮥ‬
‫ﯾﯽ‬
«
‫ﭘﺬ‬ ‫ﻣﻮرد‬
‫ﯾ‬
‫ﺮش‬
‫ﺳﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﮔﺬاران‬
‫ﻣﺪ‬ .‫اﺳﺖ‬ ‫ﮔﺮﻓﺘﻪ‬ ‫ﻗﺮار‬
‫ﯾ‬
‫ﺮان‬
‫ﺳـﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﮔـﺬاري‬
‫ﮔـﺎﻫ‬
‫ﯽ‬
‫ﺑﺮا‬ ‫اوﻗﺎت‬
‫ي‬
‫ر‬ ‫ﻣﻮازﻧﮥ‬ ‫ﺑﻬﺒﻮد‬
‫ﯾ‬
‫ﺴﮏ‬
‫دارا‬ ‫ﺳﺒﺪ‬ ‫ﺑﺎزده‬ ‫و‬
‫ﯾﯽ‬
‫ﻫﺎ‬
‫ي‬
‫ﻣـﺎﻟ‬
‫ﯽ‬
‫ﺗﺮﮐ‬ ‫ﺑـﻪ‬ ‫را‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ،‫ﺧـﻮد‬
‫ﯿـ‬
‫ﺐ‬
‫ﺳـﺒﺪ‬
2
‫ﻣ‬ ‫اﺿﺎﻓﻪ‬
‫ﯽ‬
‫ﮐﻨﻨﺪ‬
‫ﺑﻨﺎﺑﺮا‬ .
‫ﯾ‬
،‫ﻦ‬
‫ﺑﺮا‬
‫ي‬
‫داﻧﺸﺠﻮ‬
‫ﯾ‬
‫ﺎن‬
‫ﻣﺎﻟ‬ ‫رﺷﺘﮥ‬
‫ﯽ‬
،
‫ﺑـﺮا‬ ً‫ﺎ‬‫ﺧﺼﻮﺻ‬
‫ي‬
‫ﮔـﺮا‬
‫ﯾ‬
‫ﺶ‬
‫ﻫـﺎي‬
‫ﻣـﺪ‬
‫ﯾ‬
‫ﺮ‬
‫ﯾ‬
‫ﺖ‬
‫ﺳـﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﮔـﺬاري‬
‫و‬
‫ﺣﺘ‬ ‫و‬ ‫ﺗﻮﺟﻪ‬ ،‫آن‬ ‫اﻣﺜﺎل‬
‫ﯽ‬
‫ا‬ ‫ﺑﺮ‬ ‫ﺗﻤﺮﮐﺰ‬
‫ﯾ‬
‫ﻦ‬
‫اﺟﺘﻨﺎب‬ ‫ﺑﺨﺶ‬
‫ﻧﺎﭘﺬﯾ‬
‫ﺮ‬
.‫اﺳﺖ‬
‫اﻣﻼك‬
‫رﺷﺘﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬
‫اي‬
‫ﭼﻨﺪوﺟﻬ‬
‫ﯽ‬
‫ﻣـ‬ ‫ﻣﺤﺴﻮب‬
‫ﯽ‬
‫ﺷـﻮد‬
‫ز‬ :
‫ﯾ‬
‫ﺴـﺖ‬
،‫ﺷـﻨﺎس‬
،‫ﻋﻤـﺮان‬ ‫ﻣﻬﻨـﺪس‬ ،‫ﻣﻌﻤـﺎر‬ ‫ﻣﻬﻨـﺪس‬
‫وﮐ‬
‫ﯿ‬
،‫ﻞ‬
‫ﻣـ‬ ‫ﻧﮕـﺎه‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺣﻮزة‬ ‫ﺑﻪ‬ ‫ﺧﻮدﺷﺎن‬ ‫ﻣﻨﻈﺮ‬ ‫از‬ ‫ﮐﺪام‬ ‫ﻫﺮ‬ ...‫و‬ ‫اﻗﺘﺼﺎددان‬
‫ﯽ‬
‫ﮐﻨﻨـﺪ‬
‫اﻗﺘﺼـﺎد‬ ‫ﺳـﻄﺢ‬ ‫در‬ .
‫ﻣﺴ‬ ‫دو‬ ‫از‬ ‫اﻗﺘﺼﺎدداﻧﺎن‬ ،‫ﺧﺮد‬
‫ﯿ‬
‫ﺮ‬
‫ﻣ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺣﻮزة‬ ‫وارد‬
‫ﯽ‬
:‫ﺷﻮﻧﺪ‬
‫ﺷـﻬﺮ‬ ‫اﻗﺘﺼـﺎد‬
‫ي‬
‫ﻣـﺎﻟ‬ ‫اﻗﺘﺼـﺎد‬ ‫و‬
‫ﯽ‬
‫اﻗﺘﺼـﺎد‬ .
‫ﺷﻬﺮ‬
‫ي‬
‫ﻣﺎﻟ‬ ‫اﻗﺘﺼﺎد‬ ‫و‬
‫ﯽ‬
‫ﺷﺎﺧﻪ‬ ‫دو‬ ‫ﻫﺮ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫اي‬
‫ﮐﻪ‬ ‫ﺧﺮداﻧﺪ‬ ‫اﻗﺘﺼﺎد‬ ‫از‬
‫اوﻟ‬
‫ﯽ‬
‫ﺗﺤﻠ‬ ‫و‬ ‫ﻣﻄﺎﻟﻌـﻪ‬ ‫ﺑﻪ‬
‫ﯿـ‬
‫ﻞ‬
‫ﻣﺴـﺎﺋﻞ‬
‫ﺷﻬﺮ‬
‫ي‬
‫دوﻣ‬ ‫و‬
‫ﯽ‬
‫ﺑﺎزارﻫﺎ‬ ‫ﻣﻄﺎﻟﻌﮥ‬ ‫ﺑﻪ‬
‫ي‬
‫ﺳﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﻣـﺎﻟ‬ ‫ﺧﺪﻣﺎت‬ ‫ﺻﻨﻌﺖ‬ ‫و‬
‫ﯽ‬
‫ﻣـ‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﺑﺨـﺶ‬ ‫در‬
‫ﯽ‬
‫ﭘـﺮدازد‬
.
‫ﻣﺤﻮر‬ ‫ﻣﻮﺿﻮع‬
‫ي‬
‫ا‬
‫ﯾ‬
‫ﻦ‬
‫ﻣﺎﻟ‬ ‫اﻗﺘﺼﺎد‬ ،‫دوره‬
‫ﯽ‬
‫ﻣﺴ‬ ‫و‬ ‫اﻣﻼك‬
‫ﺘﻐﻼت‬
‫ﻣﺎﻟ‬ ‫اﻗﺘﺼﺎد‬ .‫اﺳﺖ‬
‫ﯽ‬
‫ﺣـﻮزه‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫ا‬
‫ي‬
‫از‬
‫ﻣﺎﻟ‬ ‫داﻧﺶ‬ ‫ﻗﻠﻤﺮو‬ ‫در‬ ‫ﮐﻪ‬ ‫اﺳﺖ‬ ‫داﻧﺶ‬
‫ﯽ‬
،
‫ﺑﻪ‬ ‫و‬
‫ﻃﻮر‬
‫ﺧﺎص‬
‫در‬
‫ﺳﺮﻓﺼﻞ‬
‫ﻣﺪﯾ‬
‫ﺮ‬
‫ﯾ‬
‫ﺖ‬
‫ﺳﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﮔﺬاري‬
،
‫ﻣﺸﺨﺺ‬ ‫ﻃﻮر‬ ‫ﺑﻪ‬ ‫و‬
‫ﺗـﺮ‬
‫در‬
‫زﯾ‬
‫ﺮ‬
‫ﺑﺪ‬ ‫ﻓﺼﻞ‬
‫ﯾ‬
‫ﻞ‬
‫ﻫﺎي‬
‫ﺳﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﮔﺬاري‬
‫ﻣ‬ ‫ﻗﺮار‬
‫ﯽ‬
‫ﮔﯿـ‬
‫ﺮد‬
‫ا‬ ‫در‬ .
‫ﯾـ‬
‫ﻦ‬
‫ﻋﻨـﻮان‬ ‫ﺑـﻪ‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ،‫داﻧـﺶ‬ ‫از‬ ‫ﺣـﻮزه‬
‫ﻃﺒﻘﻪ‬
‫اي‬
‫دارا‬ ‫از‬
‫ﯾﯽ‬
‫)ﺷﺒ‬
‫ﯿ‬
‫ﻪ‬
‫دارا‬
‫ﯾﯽ‬
‫ﻫﺎي‬
‫ﻣﺎﻟ‬
‫ﯽ‬
‫ﺗﺤﻠ‬ (
‫ﯿ‬
‫ﻞ‬
‫ﻣ‬
‫ﯽ‬
‫ﺷﻮد‬
‫ﺑـﻪ‬ .
‫رﻏـﻢ‬
‫ﺗﮑ‬
‫ﯿـ‬
‫ﻪ‬
‫ﻣـﺎﻟ‬ ‫ﺑـﺮ‬
‫ﯽ‬
‫ا‬ ‫در‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬
‫ﯾـ‬
‫ﻦ‬
‫آ‬ ‫ﺟﻠﺴﮥ‬ ‫ﺳﻪ‬ ،‫درس‬
‫ﻏﺎز‬
‫ﯾ‬
‫ﻦ‬
‫ﺷﻬﺮ‬ ‫اﻗﺘﺼﺎد‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫اﻗﺘﺼﺎد‬ ‫ﺑﻪ‬ ‫ﮐﻼس‬
‫ي‬
‫و‬
‫ﯾ‬
‫ﮏ‬
‫ﻣ‬ ‫ﺟﻠﺴﮥ‬
‫ﯿ‬
‫ﺎﻧ‬
‫ﯽ‬
‫ﻧ‬ ‫ﮐﻼس‬
‫ﯿ‬
‫ﺰ‬
‫ﺑـﻪ‬
‫ﭼﺮﺧﻪ‬
‫ﻫﺎي‬
.‫اﺳﺖ‬ ‫ﺷﺪه‬ ‫داده‬ ‫اﺧﺘﺼﺎص‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫در‬ ‫رﮐﻮد‬ ‫و‬ ‫روﻧﻖ‬
‫ا‬
‫ﯾ‬
‫ﻦ‬
‫ﺑﺮا‬ ‫دوره‬
‫ي‬
‫داﻧﺸﺠﻮ‬
‫ﯾ‬
‫ﺎﻧ‬
‫ﯽ‬
‫ﻃﺮاﺣ‬
‫ﯽ‬
‫ﻋﻼﻗﻪ‬ ‫ﮐﻪ‬ ‫ﺷﺪه‬
‫زﻣ‬ ‫در‬ ‫ﻣﻨﺪﻧﺪ‬
‫ﯿ‬
‫ﻨﮥ‬
‫ﻣﺎﻟ‬
‫ﯽ‬
‫)ارزش‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬
‫ﮔـﺬاري‬
،
‫ﺳﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﮔﺬاري‬
‫ﺗﺄﻣ‬ ‫و‬
‫ﯿ‬
‫ﻦ‬
‫ﻣﺎﻟ‬
‫ﯽ‬
‫ا‬ .‫ﮐﻨﻨـﺪ‬ ‫ﮐﺴـﺐ‬ ‫داﻧـﺶ‬ ‫و‬ ‫ﻣﻬﺎرت‬ (
‫ﯾـ‬
‫ﻦ‬
‫داﻧﺸـﺠﻮ‬ ،‫دوره‬
‫ﯾ‬
‫ﺎن‬
‫ﻣﻔـﺎﻫ‬ ‫ﺑـﺎ‬ ‫را‬
‫ﯿ‬
‫ﻢ‬
‫ﭘﺎ‬
‫ﯾـ‬
‫ﮥ‬
‫ﻣـﺎﻟ‬
‫ﯽ‬
‫ﻣ‬ ‫آﺷﻨﺎ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫ﯽ‬
،‫ﮐﻨﺪ‬
‫ا‬ ‫ﻣﺤﺼﻮﻻت‬ ‫و‬
‫ﯾ‬
‫ﻦ‬
‫ﻣﻌﺮﻓ‬ ‫آﻧﺎن‬ ‫ﺑﻪ‬ ‫را‬ ‫ﻃﺒﻘﻪ‬
‫ﯽ‬
‫ﻣ‬
‫ﯽ‬
‫ﮐﻨﺪ‬
‫ﺳﺮﻣﺎ‬ ‫ﻣﻮﺿﻮع‬ ‫ﺑﻪ‬ .
‫ﯾ‬
‫ﻪ‬
‫ﮔﺬاري‬
‫ﻃﺮح‬ ‫در‬
‫ﻫﺎي‬
‫ﺳﺎﺧﺖ‬
‫وﺳﺎز‬
‫و‬
‫ﺗﻮﺳﻌﮥ‬
‫زﻣﯿ‬
‫ﻦ‬
‫ﻣ‬
‫ﯽ‬
،‫ﭘﺮدازد‬
‫ﻣ‬ ‫ﻧﺸﺎن‬ ‫و‬
‫ﯽ‬
‫دﻫﺪ‬
‫ﺷ‬
‫ﯿ‬
‫ﻮه‬
‫ﻫﺎ‬
‫ي‬
‫ﺗﺄﻣ‬ ‫ﻣﺨﺘﻠﻒ‬
‫ﯿ‬
‫ﻦ‬
‫ﻣـﺎﻟ‬
‫ﯽ‬
‫و‬ ‫اﻣـﻼك‬
‫ﻃﺮح‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬
‫ﻫﺎ‬
‫ي‬
‫ﺳﺎﺧﺖ‬
‫وﺳﺎز‬
‫ﮐﺪام‬
‫اﺳﺖ‬
.
‫دوره‬
‫ﻫﻢ‬
‫ﭼﻨﯿ‬
‫ﻦ‬
‫ارزﺷ‬ ‫ﻓﻨﻮن‬
‫ﯿ‬
‫ﺎﺑ‬
‫ﯽ‬
‫زﻣ‬
‫ﯿ‬
‫ﻦ‬
‫ﻣـ‬ ‫دﻧﺒﺎل‬ ‫را‬
‫ﯽ‬
‫ﮐﻨـﺪ‬
‫ﻧﺸـﺎن‬ ‫و‬
‫ﻣ‬
‫ﯽ‬
‫دﻫﺪ‬
‫رو‬
‫ﯾ‬
‫ﮑﺮدﻫﺎ‬
‫روش‬ ‫و‬
‫ﻫﺎي‬
‫ارزﺷ‬
‫ﯿ‬
‫ﺎﺑ‬
‫ﯽ‬
‫ﻣ‬ ‫و‬ ‫اﻣـﻼك‬
‫ﺴـﺘﻐﻼت‬
‫ﮐـﺪام‬
‫اﻧـﺪ‬
.
‫در‬
‫اﯾـ‬
‫ﻦ‬
‫رﻫﻨـ‬ ‫ﻣﺤﺼـﻮﻻت‬ ‫درس‬
‫ﯽ‬
،
‫ﺑﺎزارﻫﺎ‬
‫ي‬
‫اوﻟ‬
‫ﯿ‬
‫ﻪ‬
‫ﺛﺎﻧﻮ‬ ‫و‬
‫ﯾ‬
‫ﮥ‬
‫رﻫﻦ‬
،
‫و‬
‫ﻧﯿﺰ‬
‫ﻧﻬﺎدﻫﺎ‬
‫ي‬
‫ﻣﺎﻟ‬
‫ﯽ‬
‫ﻣﻌﺮﻓ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫ﯽ‬
‫ﻣ‬
‫ﯽ‬
‫ﺷﻮﻧﺪ‬
‫ﻣﺤﺪود‬ ‫ﺣﺪ‬ ‫در‬ ‫دوره‬ .
‫ي‬
‫ﺷﻬﺮ‬ ‫اﻗﺘﺼﺎد‬ ‫ﻣﺴﺌﻠﮥ‬ ‫ﺑﻪ‬
‫ي‬
‫ﻧ‬
‫ﯿ‬
‫ﺰ‬
‫ﻣ‬
‫ﯽ‬
‫ﭘﺮدازد‬
‫ﻓﺮﺻﺖ‬ ‫و‬ ‫اﻣﮑﺎﻧﺎت‬ ‫ﺗﺎ‬
‫ﻫﺎ‬
‫ي‬
‫ﺳﺮﻣﺎ‬
‫ﯾ‬
‫ﻪ‬
‫ﮔﺬاري‬
‫ﺑﺮا‬ ‫را‬ ‫ﺷﻬﺮ‬ ‫در‬
‫ي‬
‫روﺷـﻦ‬ ‫داﻧﺸﺠﻮ‬
‫ﮐﻨﺪ‬
.
‫ﺗﺮم‬ ‫اﯾﻦ‬ ‫در‬
‫ﺳـﻪ‬ ‫روزﻫـﺎي‬ ‫ﮐﻪ‬
‫ﺟﺒﺮاﻧـﯽ‬ ‫ﺟﻠﺴـﺎت‬ ‫آﻣﻮزﺷـﯽ‬ ‫دﺳـﺘﯿﺎران‬ ،‫اﺳـﺖ‬ ‫ﺗﻌﻄﯿـﻞ‬ ‫ﻣﺘﻌـﺪدي‬ ‫ﺷـﻨﺒﮥ‬
‫و‬ ‫اﻋـﻼم‬ ‫را‬
‫ﮐﻼس‬
‫ﺟﺒﺮاﻧﯽ‬ ‫ﻫﺎي‬
‫ﺧﻮاﻫﺪ‬ ‫ﺑﺮﮔﺰار‬
‫ﺷﺪ‬
.
4
.
‫ﻣﺂﺧﺬ‬
1
-
4
‫اﺻﻠﯽ‬ ‫ﻣﺂﺧﺬ‬ .
‫ﮐﺘﺎب‬
:‫اﺳﺖ‬ ‫زﯾﺮ‬ ‫ﺷﺮح‬ ‫ﺑﻪ‬ ،‫ﺑﻮد‬ ‫ﺧﻮاﻫﺪ‬ ‫ﺷﻤﺎ‬ ‫دﺳﺘﺮس‬ ‫در‬ ‫آﻧﻬﺎ‬ ‫ﻓﺎﯾﻞ‬ ‫ﮐﻪ‬ ‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬ ‫ﻫﺎي‬
1. Commercial Real Estate Analysis & Investments (2e), by Geltner, Miller,
Clayton and Eichhaltz, Centage, 2007.
3
2. Real Estate Finance and Investments, by Brueggeman and Fisher (BF).
Fourteenth Edition. McGraw-Hill Irwin, Inc. 2011.
3
.
(‫ﻣﻘﺎﻻت‬ ‫)ﻣﺠﻤﻮﻋﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬
،‫ﻋﻠﻤﯽ‬ ‫اﻧﺘﺸﺎرات‬ ،‫رادﭘﻮر‬ ‫ﻣﯿﺜﻢ‬ ‫و‬ ‫ﺗﺒﺮﯾﺰي‬ ‫ﻋﺒﺪه‬ ‫ﺣﺴﯿﻦ‬ ،
‫ﭘﺎﯾﯿﺰ‬ ،‫اول‬ ‫ﭼﺎپ‬
1392
.
4. Urban Economics and Real Estate: Theory and Policy, by
McDonald and McMillen. John Wiley & Sons. 2007.
5
.
‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫و‬ ‫ﮔﺬاري‬ ‫ﺳﺮﻣﺎﯾﻪ‬ :‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫اﻧﺘﺸﺎرات‬ ،‫زاوه‬ ‫ﻓﺨﺮاﻟﺪﯾﻦ‬ ‫و‬ ‫ﺗﺒﺮﯾﺰي‬ ‫ﻋﺒﺪه‬ ‫ﺣﺴﯿﻦ‬ ،
.(‫ﺗﻬﯿﻪ‬ ‫دﺳﺖ‬ ‫)در‬ ‫ﻧﯽ‬
2
-
4
‫ﻣﺂﺧﺬ‬ ‫دﯾﮕﺮ‬ .
6
.
»
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺻﻨﺪوق‬
‫ﻣﺴﺘﻐﻼت‬ ‫ﮔﺬاري‬
‫؛‬
‫ﻣﻄﺎﻟﻌ‬
‫ﮥ‬
،‫ﺗﻄﺒﯿﻘﯽ‬
«
‫ﺣﺴﯿﻦ‬ ،‫ﻓﺮاﺑﻮرس‬ ‫ﺗﻮﺳﻌﮥ‬ ‫و‬ ‫ﺗﺤﻘﯿﻖ‬ ‫واﺣﺪ‬
‫ﻧﻈﺎم‬
‫ﻓﺮﻣﺎن‬ ‫وﺣﯿﺪ‬ ‫و‬ ،‫ﻣﻬﺮﻧﻮر‬ ‫ﻣﺤﻤﺪ‬ ،‫دوﺳﺖ‬
‫اردﯾﺒﻬﺸﺖ‬ ،‫آرا‬
95
.
5
‫ارزﯾﺎﺑﯽ‬ .
5
‫زﻣﺎﻧﯽ‬ ‫ﺑﺮﻧﺎﻣﮥ‬ .
‫ﮐﻼس‬
‫ﺗﮑﺎﻟﯿﻒ‬ ‫و‬ ‫رﯾﺰدرس‬ ،‫ﻫﺎ‬
‫ﺟﻠﺴﻪ‬ ‫ﻣﻮﺿﻮع‬
‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬
‫ﺟﻠﺴﮥ‬
1
.
-
‫و‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﭘﺎﯾﮥ‬ ‫ﻣﻔﺎﻫﯿﻢ‬ ‫ﺗﺸﺮﯾﺢ‬
‫ﺳﺮﻣﺎﯾﻪ‬
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
-
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫و‬ ‫ﺗﺠﺰﯾﻪ‬
-
‫ﻣﻘﺪﻣﻪ‬ :‫اﺳﻼﯾﺪ‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫و‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﺑﺮ‬ ‫اي‬
‫اﺳﻼﯾﺪﻫﺎ‬ ‫ﻫﻤﮥ‬ /‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬/‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
‫ﺑﺨﺶ‬ ‫در‬ ‫را‬
(‫)ﻋﺒﺪه‬ [‫ﺑﯿﺎﺑﯿﺪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
-
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬/‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ :‫اﺳﻼﯾﺪ‬
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
1
/
Chapter 6: Real Estate Market Analysis
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﻣﻘﺪﻣﻪ‬ :‫اول‬ ‫ﺑﺨﺶ‬ /
‫ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت؛‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺑﻪ‬ ‫اي‬
1
-
1
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﺑﺨﺶ‬ /
‫ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت؛‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫و‬ ‫ﺗﺠﺰﯾﻪ‬ :‫اول‬
2
-
1
‫ﺟﻠﺴﮥ‬
2
.
-
‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫و‬ ‫ﭘﺎﺳﮑﻮﻟﻪ‬ ‫دي‬ ‫ﻣﺪل‬
‫ﻣﺴﺘﻐﻼت‬
-
‫ﺳﯿﺎﺳﺖ‬
‫زﻣﯿﻦ‬ ‫ﺑﻬﯿﻨﮥ‬ ‫ﻫﺎي‬
_
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ / ‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫ﭼﻬﺎرﺑﺨﺸﯽ‬ ‫ﻣﺪل‬ :‫اﺳﻼﯾﺪ‬
_
‫ﺳﯿﺎﺳﺖ‬ :‫اﺳﻼﯾﺪ‬
/ ‫]ﺳﺎﯾﺖ‬ ‫زﻣﯿﻦ‬ ‫ﻋﺮﺿﮥ‬ ‫ﺑﻬﯿﻨﮥ‬ ‫ﻫﺎي‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
1
/
Chapter 1: Real Estate Space and Asset Market
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
1
/
Chapter 4: Inside the City 1: Some Basic Urban Economics
‫ﺟﻠﺴﮥ‬
3
.
-
‫ﺳﯿﺎﺳﺖ‬
‫ﺟﻬﺎن‬ ‫و‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﮔﺬاري‬
-
‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫و‬
‫ﭼﺎﻟﺶ‬
/ ‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫ﻫﺎي‬
[‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ / ‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬
_
‫ﺳﯿﺎﺳﺖ‬ :‫اﺳﻼﯾﺪ‬
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﺟﻬﺎن‬ ‫و‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﮔﺬاري‬
_
‫ﺷﻬﺮداري‬ ‫ﭘﺎﯾﺪار‬ ‫ﻣﻨﺎﺑﻊ‬ ‫و‬ ‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ :‫اﺳﻼﯾﺪ‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻫﺎ‬
_
‫ﮐﺘﺎ‬
‫ﺷﻤﺎرة‬ ‫ب‬
3
‫ﻣﻘﺎﻟﮥ‬ ‫ﺟﻬﺎﻧﯽ؛‬ ‫روﻧﺪﻫﺎي‬ :‫ﻣﺴﮑﻦ‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫و‬ ‫ﻣﺴﮑﻦ‬ ‫ﺳﯿﺎﺳﺖ‬ :‫اول‬ ‫ﺑﺨﺶ‬ /
4
-
1
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
4
/
Part I: Economics and Urban Areas
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﺳﯿﺎﺳﺖ‬ ‫ﻣﻘﺎﻟﮥ‬ /
‫ﺗﺠﺮﺑﻪ‬ ،‫اﻗﺘﺼﺎدي‬ ‫ﻣﺒﺎﻧﯽ‬ :‫ﻣﺴﮑﻦ‬ ‫ﺣﻤﺎﯾﺘﯽ‬ ‫ﻫﺎي‬
‫ﭘﯿﺸﻨﻬ‬ ‫و‬ ‫ﺟﻬﺎﻧﯽ‬ ‫ﻫﺎي‬
‫ﺳﯿﺎﺳﺖ‬ ‫ﺑﺮاي‬ ‫ﺎدﻫﺎﯾﯽ‬
‫ﮔﺬاري‬
‫ﻧﻤﺮه‬ ‫ﻣﺸﻤﻮل‬ ‫ﻣﻮرد‬
‫ﮐﻞ‬ ‫ﻧﻤﺮه‬ ‫از‬ ‫ﺳﻬﻢ‬
‫ﮐﻼس‬ ‫در‬ ‫ﻣﺸﺎرﮐﺖ‬
10
%
‫ﺗﮑﻠﯿﻒ‬ ‫ﺳﻪ‬
‫ﮐﻼس‬
40
%
‫دو‬
‫ﻣﯿﺎن‬ ‫اﻣﺘﺤﺎن‬
‫ﺗﺮم‬
25
%
‫ﭘﺎﯾﺎن‬ ‫اﻣﺘﺤﺎن‬
‫ﺗﺮم‬
25
%
4
‫ﺟﻠﺴﻪ‬ ‫ﻣﻮﺿﻮع‬
‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬
(‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬
_
‫ﮐﺘﺎب‬
‫ﺷﻤﺎرة‬
5
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫اﯾﺮان‬ ‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫ﻣﺴﺎﺋﻞ‬ /
‫ﺟﻠﺴﮥ‬
4
.
-
‫ﻣﻘﺪﻣﻪ‬
‫ارزش‬ ‫ﺑﺮ‬ ‫اي‬
‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
‫ﻣﺴﺘﻐﻼت‬
-
‫ﺟﺮﯾﺎن‬
‫ارزش‬ ‫در‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺰﯾﻨﮥ‬ ،‫ﻧﻘﺪي‬ ‫ﻫﺎي‬
-
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
_
‫ارزش‬ ‫ﻣﺒﺎﻧﯽ‬ :‫اﺳﻼﯾﺪ‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
_
‫ﺟﺮﯾﺎن‬ :‫اﺳﻼﯾﺪ‬
،‫ﻧﻘﺪي‬ ‫ﻫﺎي‬
‫ارزش‬ ‫در‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺰﯾﻨﮥ‬ ‫و‬ ‫ﺳﺎﺧﺘﺎر‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﺟﺮﯾﺎن‬ ‫ﺗﻨﺰﯾﻞ‬ ‫ﻣﺪل‬ :‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ارزﺷﯿﺎﺑﯽ‬ :‫ﺳﻮم‬ ‫ﺑﺨﺶ‬ /
‫ﻣﻘﺎﻟﮥ‬ ‫ﻧﻘﺪي؛‬ ‫ﻫﺎي‬
2
-
3
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
2
/
Chapter10: Valuation of Income Properties
‫ﺟﻠﺴﮥ‬
5
.
-
‫و‬ ‫واﻗﻌﯽ‬ ‫اﺧﺘﯿﺎر‬
‫ﻗﯿﻤﺖ‬
‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
‫ﻣﺴﺘﻐﻼت‬
-
‫ارزش‬ ‫ﺧﻄﺎﻫﺎي‬
‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
‫ﺗﺠﺮﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت؛‬
‫اﯾﺮان‬ ‫ﻫﺎي‬
_
‫ارزش‬ :‫اﺳﻼﯾﺪ‬
) [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫واﻗﻌﯽ‬ ‫اﺧﺘﯿﺎرﻫﺎي‬ ‫روش‬ ‫از‬ ‫اﺳﺘﻔﺎده‬ ‫ﺑﺎ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
‫ﻋﺒﺪه‬
(
_
‫ﺗﺠﺮﺑﻪ‬ :‫اﺳﻼﯾﺪ‬
‫ارزش‬ ‫از‬ ‫ﻫﺎﯾﯽ‬
/‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
(‫ﻻري‬ ‫ﻫﺎدي‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
1
/
Chapter 27: Real Options and Land Value
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﻣﻘﺎﻟﮥ‬ ‫زﻣﯿﻦ؛‬ ‫ارزش‬ ‫و‬ ‫واﻗﻌﯽ‬ ‫اﺧﺘﯿﺎرﻫﺎي‬ :‫ﺳﻮم‬ ‫ﺑﺨﺶ‬ /
5
-
3
‫ﻣﯿﺎن‬ ‫آزﻣﻮن‬
‫اول‬ ‫ﺗﺮم‬
‫ﺟﻠﺴﮥ‬
6
.
-
‫ﭼﺸﻢ‬ ‫و‬ ‫اﯾﺮان‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬
‫آﺗﯽ‬ ‫اﻧﺪاز‬
-
‫ﺷﺎﺧﺺ‬
‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬
‫ﺟﻬﺎن‬
‫ﺷﺎﺧﺺ‬ ‫و‬
‫اﯾﺮان‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬ ‫ﻣﻬﻢ‬ ‫ﻫﺎي‬
-
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺨﺶ‬ ‫اﻗﺘﺼﺎد‬ ‫ﺳﯿﻤﺎي‬ :‫اﺳﻼﯾﺪ‬
-
‫ﺷﺎﺧﺺ‬ :‫اﺳﻼﯾﺪ‬
‫ﺷﺎﺧﺺ‬ ‫و‬ ‫ﺟﻬﺎن‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﻮﺟﻮد‬ ‫ﻣﺴﮑﻦ‬ ‫ﻫﺎي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﺷﺎﺧﺺ‬ ‫ﻣﺴﺎﺋﻞ‬ /
‫ﺑﺎزار‬ ‫ﻣﻬﻢ‬ ‫ﻫﺎي‬
(‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﮐﺸﻮر‬ ‫ﻣﺴﮑﻦ‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﭼﺎﻟﺶ‬ /
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﮐﺸﻮر‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬ ‫ﻫﺎي‬
‫ﺟﻠﺴﮥ‬
7
.
-
‫ﺳﺮﻣﺎﯾﻪ‬ ‫اﺑﺰار‬ ‫ﻣﺜﺎﺑﮥ‬ ‫ﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
-
‫ﮔﺬاري‬
-
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻋﻤﻠﮑﺮد‬ ‫ﺑﺮرﺳﯽ‬
‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬
‫ﻣﺴﺘﻐﻼت‬ ‫و‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺑﺮاي‬ ‫ﻣﻨﺎﺳﺐ‬ ‫داراﯾﯽ‬ ‫ﻃﺒﻘﮥ‬ ‫ﻣﺜﺎﺑﮥ‬ ‫ﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ :‫اﺳﻼﯾﺪ‬
/‫]ﺳﺎﯾﺖ‬ ‫ﮔﺬاري‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻣﻮﻓﻘﯿﺖ‬ ‫درﺟﮥ‬ ‫ﺑﺮرﺳﯽ‬ :‫اﺳﻼﯾﺪ‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
1
/
Chapter7:Real Estate as an Investment: Some Background Information
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻋﻤﻠﮑﺮد‬ ‫ﺑﺮرﺳﯽ‬ /
‫ﻣﺴﺘﻐﻼ‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ت‬
‫ﺟﻠﺴﮥ‬
8
.
-
‫ﻣﺎﻟﯽ‬ ‫ﺑﺎزارﻫﺎي‬ ‫و‬ ‫ﻧﻬﺎدﻫﺎ‬ ،‫اﺑﺰارﻫﺎ‬ ‫ﻣﻌﺮﻓﯽ‬
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎ‬ ‫ﻣﺮﺗﺒﻂ‬
-
‫ﺻﻨﺪوق‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬
‫ﺑﺨﺶ‬ ‫در‬ ‫ﮔﺬاري‬
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
-
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺮ‬ ‫ﻣﺒﺘﻨﯽ‬ ‫روﯾﮑﺮد‬ :‫ﻣﺎﻟﯽ‬ ‫ﺑﺎزارﻫﺎي‬ ‫و‬ ‫ﻧﻬﺎد‬ ،‫اﺑﺰار‬ :‫اﺳﻼﯾﺪ‬
-
‫ﺻﻨﺪوق‬ :‫اﺳﻼﯾﺪ‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬
‫ﺻﻨﺪوق‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﺳﺎﺧﺘﻤﺎن‬ ‫و‬ ‫زﻣﯿﻦ‬ ‫ﻫﺎي‬
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﺻﻨﺪوق‬ :‫اول‬ ‫ﺑﺨﺶ‬ /
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬
‫ﻓﺼﻞ‬ ‫ﺗﺮﺟﻤﮥ‬ ‫ﻣﻘﺎﻟﻪ‬ ‫)اﯾﻦ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫ﮔﺬاري‬
21
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
2
‫ﻣﻘﺎﻟﮥ‬ ‫اﺳﺖ(؛‬
8
-
1
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﺑﻬﺎدار‬ ‫اوراق‬ :‫دوم‬ ‫ﺑﺨﺶ‬ /
‫وام‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬
‫ﺻﻔﺤﮥ‬ ‫اول‬ ‫ﻗﺴﻤﺖ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬
150
-
142
‫ﻣﻘﺎﻟﮥ‬ ‫؛‬
2
-
2
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﻓﺼﻞ‬ /
16
(‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬
-
‫ﺷﻤﺎرة‬ ‫ﻣﺮﺟﻊ‬
6
‫ﻣﻘﺎﻟﻪ‬ ‫ﮐﻞ‬ /
‫ﺟﻠﺴﮥ‬
9
.
-
‫ﻣﺎﻟﯿﺎت‬ ‫و‬ ‫ﻣﺎﻟﯽ‬ ‫اﻫﺮم‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫در‬ ‫ﻫﺎ‬
‫ﮔﺬاري‬
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
-
‫ﺑﺪﯾﻞ‬
‫ﺳﻨﺘﯽ‬ ‫و‬ ‫ﺟﺪﯾﺪ‬ ِ‫ﯽ‬‫ﻣﺎﻟ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﻫﺎي‬
‫ﭘﺮوژه‬
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬
-
:‫اﺳﻼﯾﺪ‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫در‬ ‫ﻣﺎﻟﯽ‬ ‫اﻫﺮم‬ ‫ﻧﻘﺶ‬
) [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫روي‬ ‫ﮔﺬاري‬
‫ﻋﺒﺪه‬
(
-
‫ﺑﺪﯾﻞ‬ :‫اﺳﻼﯾﺪ‬
‫ﭘﺮوژه‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﻫﺎي‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﭘﺮوژه‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ /
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
/
‫ﻣﺎﻟﯿﺎت‬
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺨﺶ‬ ‫ﻫﺎي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﻣﺎﻟﯿﺎت‬ ‫و‬ ‫اﻫﺮم‬ ‫اﺛﺮ‬ /
‫ﻓﺼﻞ‬ ‫ﺧﻼﺻﮥ‬ ‫ﻣﺴﺘﻐﻼت؛‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزده‬ ‫روي‬ ‫ﻫﺎ‬
‫ﻫﺎي‬
11
‫و‬
12
‫)ﻣﻘﺎﻟﮥ‬ ‫دوم‬ ‫ﮐﺘﺎب‬
‫ﻋﺒﺪه‬
(
‫ﺟﻠﺴﮥ‬
10
.
-
‫ﭼﺮﺧﻪ‬
‫و‬ ‫اﻣﻼك‬ ‫رﮐﻮد‬ ‫و‬ ‫روﻧﻖ‬ ‫ﻫﺎي‬
‫ﻣﺴﺘﻐﻼت‬
-
‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻗﯿﻤﺖ‬ ‫ﺣﺒﺎب‬ ‫ﻧﻈﺮﯾﮥ‬
-
‫دوره‬ :‫اﺳﻼﯾﺪ‬
‫و‬ ‫روﻧﻖ‬ ‫ﻫﺎي‬
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫رﮐﻮد‬
-
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬ ‫در‬ ‫ﺣﺒﺎب‬ ‫ﻣﺒﺎﻧﯽ‬ :‫اﺳﻼﯾﺪ‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﭼﺮﺧﻪ‬ /
(‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻗﯿﻤﺘﯽ‬ ‫ﺣﺒﺎب‬ ‫و‬ ‫رﮐﻮد‬ ‫و‬ ‫روﻧﻖ‬ ‫ﻫﺎي‬
‫ﻣﯿﺎن‬ ‫آزﻣﻮن‬
‫دوم‬ ‫ﺗﺮم‬
‫ﺟﻠﺴﮥ‬
11
.
-
‫ﻣﻘﺪﻣﻪ‬
‫ﺑﺮ‬ ‫اي‬
‫در‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻮﻻت‬
‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬
-
‫اوﻟﯿﮥ‬ ‫ﺑﺎزار‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬
‫رﻫﻦ‬
_
‫ﮔﺰﯾﺪه‬ :‫اﺳﻼﯾﺪ‬
‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬ ‫در‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻮﻻت‬ ‫از‬ ‫اي‬
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬
-
‫وام‬ :‫ﻣﺴﮑﻦ‬ ‫ﺧﺮﯾﺪ‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ :‫اﺳﻼﯾﺪ‬
[‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫رﻫﻦ‬ ‫اوﻟﯿﮥ‬ ‫ﺑﺎزار‬ ‫و‬ ‫رﻫﻨﯽ‬ ‫ﻫﺎي‬
(‫)ﻋﺒﺪه‬
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﻣﻘﺎﻟﮥ‬ ‫اﯾﺮان؛‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﮐﺎراﯾﯽ‬ ‫ارزﯾﺎﺑﯽ‬ :‫دوم‬ ‫ﺑﺨﺶ‬ /
4
-
2
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫ﻣﻘﺎﻟﮥ‬ ‫آن؛‬ ‫ﮔﺴﺘﺮش‬ ‫ﺿﺮورت‬ ‫و‬ ‫ﻣﺴﮑﻦ‬ ‫ﺳﺮﻣﺎﯾﮥ‬ ‫ﺑﺎزار‬ :‫دوم‬ ‫ﺑﺨﺶ‬ /
5
-
2
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﻣﻘﺪﻣﻪ‬ /
(‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬ ‫در‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻮﻻت‬ ‫ﺑﺮ‬ ‫اي‬
5
‫ﺟﻠﺴﻪ‬ ‫ﻣﻮﺿﻮع‬
‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬
‫ﺟﻠﺴﮥ‬
12
.
-
‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬
‫ﺑﺎزار‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬
‫رﻫﻦ‬ ‫ﺛﺎﻧﻮﯾﮥ‬
-
‫ﺑﻬﺎدار‬ ‫اوراق‬ ‫ﺑﻪ‬ ‫ﺗﺒﺪﯾﻞ‬
‫وام‬ ‫ﮐﺮدن‬
‫رﻫﻨﯽ‬ ‫ﻫﺎي‬
-
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫رﻫﻦ‬ ‫ﺛﺎﻧﻮﯾﻪ‬ ‫ﺑﺎزار‬ ‫و‬ ‫رﻫﻨﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬ ‫اوراق‬ :‫اﺳﻼﯾﺪ‬
-
‫ﻣﺸﺘﻘﻪ‬ ‫دﯾﮕﺮ‬ ‫و‬ ‫رﻫﻨﯽ‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬ ‫ﺗﻌﻬﺪات‬ :‫رﻫﻦ‬ ‫ﺛﺎﻧﻮﯾﮥ‬ ‫ﺑﺎزار‬ :‫اﺳﻼﯾﺪ‬
[‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬
)
‫ﻋﺒﺪه‬
(
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫اوراق‬ ‫ﺑﻪ‬ ‫ﺗﺒﺪﯾﻞ‬ :‫دوم‬ ‫ﺑﺨﺶ‬ /
‫وام‬ ‫ﺑﻬﺎدارﮐﺮدن‬
‫ﻣﻘﺎﻟﮥ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬
1
-
2
-
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫وام‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬ ‫ﺑﻬﺎدار‬ ‫اوراق‬ :‫دوم‬ ‫ﺑﺨﺶ‬ /
.‫ص‬ ‫اول‬ ‫ﻗﺴﻤﺖ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬
150
‫ﻣﻘﺎﻟﮥ‬ ‫ﺑﻌﺪ؛‬ ‫ﺑﻪ‬
2
-
2
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
3
‫وام‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬ ‫ﺑﻬﺎدار‬ ‫اوراق‬ ‫ﻃﺮاﺣﯽ‬ ‫اﺻﻮل‬ :‫دوم‬ ‫ﺑﺨﺶ‬ /
‫ﻣﻘ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬
‫ﺎﻟﮥ‬
3
-
2
‫ﺟﻠﺴﮥ‬
13
.
-
‫رﯾﺴﮏ‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬
‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬
‫ﻣﺴﺘﻐﻼت‬
-
‫ﺳﺮﻣﺎﯾﮥ‬ ‫ﺑﺎزارﻫﺎي‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬
‫اﯾﺮان‬ ‫و‬ ‫ﺟﻬﺎن‬
-
‫رﯾﺴﮏ‬ :‫اﺳﻼﯾﺪ‬
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬
) [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬
‫ﻋﺒﺪه‬
(
-
[‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺑﺎزار‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ :‫اﺳﻼﯾﺪ‬
(‫اﺳﺪي‬ ‫ﺑﻬﺮﻧﮓ‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
2
/
Chapter 13: Risk Analysis
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫رﯾﺴﮏ‬ /
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬
‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬
‫ﻋﺒﺪه‬
(
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫اﯾﺮان‬ ‫ﺳﺮﻣﺎﯾﮥ‬ ‫ﺑﺎزار‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ /
‫ﺟﻠﺴﮥ‬
14
.
-
‫ﻣﺴﮑﻦ‬ ‫ﻣﺎﻟﯽ‬ ‫ﺑﺤﺮان‬
-
‫ﻣﺎﻟﯽ‬ ‫ﺑﺤﺮان‬ :‫اﺳﻼﯾﺪ‬
‫ﺑﯿﻦ‬
‫رﯾﺸﻪ‬ ‫و‬ ‫اﻟﻤﻠﻠﯽ‬
(‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫آن‬ ‫ﻫﺎي‬
-
‫وام‬ ‫ﺑﺤﺮان‬ :‫اﺳﻼﯾﺪ‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﻋﺘﺒﺎر‬ ‫ﺑﺪون‬ ‫ﻫﺎي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺤﺮان‬ /
‫ﺟﻠﺴﮥ‬
15
.
-
‫و‬ ‫ﭘﺎﯾﻪ‬ ‫ﻣﻔﺎﻫﯿﻢ‬ :‫اﯾﺮان‬ ‫ﺳﺎز‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﺻﻨﻌﺖ‬
‫ﻓﻌﻠﯽ‬ ‫ﻣﻮﻗﻌﯿﺖ‬
-
‫ﮐ‬ ‫اﻓﺰارﻫﺎي‬ ‫ﻧﺮم‬
‫ﮔﺰارش‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﻨﺘﺮل‬
‫دﻫﯽ‬
-
‫ﺑﻬﺮه‬ ‫ﻣﺪﯾﺮﯾﺖ‬
‫ﻣﺪﯾﺮﯾﺖ‬ ‫ﺑﺮاﺑﺮ‬ ‫در‬ ‫ﺑﺮداري‬
‫ﺗﻮﺳﻌﻪ‬
-
‫ﻗﯿﻤﺖ‬ ‫ﺳﺎزوﮐﺎر‬
‫ﺑﺎ‬ ‫ﻣﺴﮑﻮﻧﯽ‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
‫ﻣﺼﻨﻮﻋﯽ‬ ‫ﻫﻮش‬ ‫ﮐﻤﮏ‬
-
‫اراﺋﮥ‬
‫ﻧﺮم‬
‫ﮔﺰارش‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﮐﻨﺘﺮل‬ :‫اﻓﺰار‬
‫ﺳﺎﺧﺖ‬ ‫ﻧﻤﻮﻧﮥ‬ ‫ﻃﺮح‬ ‫از‬ ‫دﻫﯽ‬
(‫ﺷﮑﯿﺒﺎ‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫وﺳﺎز‬
-
‫ﺣﺎﮐﻤﯿﺘﯽ‬ ‫و‬ ‫ﻗﺎﻧﻮﻧﯽ‬ ‫ﻣﺒﺎﺣﺚ‬ :‫اﺳﻼﯾﺪ‬
‫ﭘﺮوژه‬ ‫اﺟﺮاي‬ ‫و‬ ‫ﺗﻌﺮﯾﻒ‬ ‫در‬
‫)ﻣﺪرس‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫ﺷﻬﺮي]ﺳﺎﯾﺖ‬ ‫ﺳﺎﺧﺘﻤﺎﻧﯽ‬ ‫ﻫﺎي‬
(‫ﭘﺎرﺳﺎ‬ ‫ﻣﺠﯿﺪ‬ :‫ﻣﺪﻋﻮ‬
-
‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺗﺤﻠﯿﻞ‬ :‫اﺳﻼﯾﺪ‬
‫ﺑﻬﺮه‬ ‫ﻣﺪﯾﺮﯾﺖ‬ ‫و‬ ‫ﻣﺴﺘﻐﻼك‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺗﻮﺳﻌﮥ‬ ‫در‬ ‫ﮔﺬاري‬
‫ﺳﺎﺧﺘﻤﺎن‬ ‫از‬ ‫ﺑﺮداري‬
‫از‬ ‫ﺑﺨﺸﯽ‬ ‫ﺗﺮﺟﻤﮥ‬ ‫ﺟﻤﻠﻪ‬ ‫)از‬ ‫ﻫﺎ‬
‫ﻓﺼﻞ‬
29
‫ﮐﺘﺎب‬
1
[‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬
(‫)ﻋﺒﺪه‬
-
‫ﺳ‬ ‫اراﺋﮥ‬
‫ﻗﯿﻤﺖ‬ ‫ﺎزوﮐﺎر‬
(‫ﻋﻠﻮي‬ ‫ﻣﺤﻤﺪرﺿﺎ‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﮔﺰارش‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﮐﻨﺘﺮل‬ /
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫دﻫﯽ‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﭘﺮوژه‬ ‫اﺟﺮاي‬ ‫و‬ ‫ﺗﻌﺮﯾﻒ‬ ‫در‬ ‫ﺣﺎﮐﻤﯿﺘﯽ‬ ‫و‬ ‫ﻗﺎﻧﻮﻧﯽ‬ ‫ﻣﺒﺎﺣﺚ‬ /
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﺷﻬﺮي‬ ‫ﺳﺎﺧﺘﻤﺎﻧﯽ‬ ‫ﻫﺎي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﺑﻬﺮه‬ ‫ﻣﺪﯾﺮﯾﺖ‬ /
‫ﺳﺎﺧﺘﻤﺎن‬ ‫از‬ ‫ﺑﺮداري‬
‫)ﻣﻘﺎﻟﮥ‬ ‫ﻫﺎ‬
(‫ﻋﺒﺪه‬
‫ﺟﻠﺴﮥ‬
16
.
-
:‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫وﯾﮋه‬ ‫ﻣﺒﺎﺣﺚ‬
‫زﻣﺎﻧﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬
‫ﺧﯿﺮﯾﻪ‬ ‫و‬ ‫وﻗﻒ‬
‫ﺧﺮﯾﺪ‬ ‫ﻣﺮاﮐﺰ‬
‫ﺳﺎﺧﺘﻤﺎن‬
‫وﯾﮋه‬ ‫ﻫﺎي‬
-
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫زﻣﺎﻧﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬ :‫اﺳﻼﯾﺪ‬
-
‫ﺳﺎﺧﺘﻤﺎن‬ :‫اﺳﻼﯾﺪ‬
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﻟﮑﺘﺮوﻧﯿﮏ‬ ‫ﻋﺼﺮ‬ ‫در‬ ‫ﺧﺮﯾﺪ‬ ‫ﻣﺮاﮐﺰ‬ ‫اﻓﻮل‬ ‫و‬ ‫وﯾﮋه‬ ‫ﻫﺎي‬
-
(‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺗﻮﺳﻌﮥ‬ ‫در‬ ‫ﺧﯿﺮﯾﻪ‬ ‫و‬ ‫وﻗﻒ‬ :‫اﺳﻼﯾﺪ‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫در‬ ‫زﻣﺎﻧﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬ ‫ﻧﻘﺶ‬ /
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﺗﻮﺳﻌﻪ‬ ‫ﺻﻨﻌﺖ‬ ‫و‬ ‫ﺧﯿﺮﯾﻪ‬ ‫و‬ ‫وﻗﻒ‬ /
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﮔﺮي‬
_
‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬
5
‫ﻋﺼﺮ‬ ‫در‬ ‫ﺷﻬﺮﻫﺎ‬ ‫ﻣﺘﻔﺎوت‬ ‫ﺳﯿﻤﺎي‬ /
(‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫اﻟﮑﺘﺮوﻧﯿﮏ‬
‫ﭘﺎﯾﺎن‬ ‫آزﻣﻮن‬
‫ﺗﺮم‬

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Toc sharif -1400.11.10

  • 1. 1 ‫داﻧﺸﮑﺪ‬ ‫ة‬ ‫ﻣﺪﯾﺮﯾﺖ‬ ،‫اﻗﺘﺼﺎد‬ ‫و‬ ‫داﻧﺸﮕﺎه‬ ‫ﺷﺮﯾﻒ‬ ‫ﻧﯿﻢ‬ ‫ﺳﺎل‬ ‫دوم‬ ‫ﺗﺤﺼﯿﻠﯽ‬ 1401 - 1400 ‫درس‬ ‫ﻃﺮح‬ ‫ر‬ ‫ﯾ‬ ‫ﺰ‬ ‫درس‬ » ‫ﺳﺮﻣﺎ‬ :‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔﺬاري‬ ‫ﺗﺄﻣ‬ ‫و‬ ‫ﯿ‬ ‫ﻦ‬ ‫ﻣﺎﻟﯽ‬ « Real estate Finance & Investment 1 ‫ﻋﻤﻮﻣﯽ‬ ‫ﻣﺸﺨﺼﺎت‬ . ‫دوره‬ ‫دوره‬ ‫ﻣﺪرﺳﺎن‬ ‫ﺗﺒﺮﯾﺰي‬ ‫ﻋﺒﺪه‬ ‫ﺣﺴﯿﻦ‬ ‫و‬ ‫زاوه‬ ‫ﻓﺨﺮاﻟﺪﯾﻦ‬ h.abdoh.tabrizi@gmail.com ‫و‬ fakhra.zaveh@gmail.com ‫دﺳﺘﯿﺎر‬ ‫ان‬ ‫ﺑﺮﮔﺰاري‬ ‫زﻣﺎن‬ ‫ﮐﺮﯾﻤﯽ‬ ‫ﻣﻬﺪي‬ ‫و‬ ‫ﻧﻮروزي‬ ‫ﻣﺤﻤﺪﺣﺴﯿﻦ‬ ،‫ﻣﺤﺒﯽ‬ ‫ﺳﺎﻻر‬ karimimahdi47@yahoo.com ، mh.norouzi1996@gmail.com ‫و‬ salar.mohebbi1073@gmail.com ‫ﺑﻬﻤﻦ‬ ‫ﺳﺎل‬ ‫ﻣﺎه‬ 1400 ‫ﻣﺎه‬ ‫ﺧﺮداد‬ ‫ﺗﺎ‬ 1401 ‫روزﻫﺎ‬ ‫؛‬ ‫ي‬ ‫ﺳﻪ‬ ،‫ﺷﻨﺒﻪ‬ ‫ﺳﺎﻋﺖ‬ 18:00 – 15:00 ‫ﺑﺮﮔﺰاري‬ ‫ﻣﺤﻞ‬ ‫آﻣﻮزﺷﯽ‬ ‫ﺳﺎﯾﺖ‬ ‫داﻧﺸﮑﺪ‬ ‫ة‬ ‫ﻣﺪﯾﺮﯾﺖ‬ ‫اﻗﺘﺼﺎد‬ ‫و‬ ‫ﻏﯿﺮﺣﻀﻮري‬ ‫ﮐﻼس‬ ،‫ﺷﺮﯾﻒ‬ ‫ﺻﻨﻌﺘﯽ‬ ‫داﻧﺸﮕﺎه‬ www.finance.ir ‫و‬ www.abdoh.net 2 ‫ﭘﯿﺶ‬ . ‫ﻧﯿﺎزﻫﺎي‬ ‫درس‬ ‫داﻧﺸﺠﻮ‬ ‫از‬ ‫ﯾ‬ ‫ﺎن‬ ‫ا‬ ‫ﯾ‬ ‫ﻦ‬ ‫ﻣ‬ ‫اﻧﺘﻈﺎر‬ ‫دوره‬ ‫ﯽ‬ ‫رود‬ ‫روﺷﻨ‬ ‫درك‬ ‫ﯽ‬ ‫ﻣﻔﺎﻫ‬ ‫ﺑﻪ‬ ‫ﻧﺴﺒﺖ‬ ‫ﯿ‬ ‫ﻢ‬ ‫ﭘﺎ‬ ‫ﯾ‬ ‫ﮥ‬ ‫ﻣﺎﻟ‬ ‫ﯽ‬ ‫زﻣﺎﻧ‬ ‫ارزش‬ ‫ﻣﺎﻧﻨﺪ‬ ‫ﯽ‬ ‫ر‬ ‫و‬ ‫ﭘﻮل‬ ‫ﯾ‬ ‫ﺴـﮏ‬ ‫ﻫﻤ‬ .‫ﺑﺎﺷﺪ‬ ‫داﺷﺘﻪ‬ ‫ﺑﺎزده‬ ‫و‬ ‫ﭽﻨﯿ‬ ‫ﻦ‬ ‫داﻧﺸﺠﻮ‬ ‫ﯾ‬ ‫ﺎن‬ ‫ﺑﺎ‬ ‫ﯾـ‬ ‫ﺪ‬ ‫ﺗﮑﻨ‬ ‫ﯿـ‬ ‫ﮏ‬ ‫ﻫـﺎي‬ ‫ﭘﺎ‬ ‫ﯾـ‬ ‫ﮥ‬ ‫ارزﺷـ‬ ‫ﯿ‬ ‫ﺎﺑ‬ ‫ﯽ‬ ‫ﺗﻨﺰ‬ ‫ﻣﺎﻧﻨـﺪ‬ ‫ﯾـ‬ ‫ﻞ‬ ‫ﺟﺮ‬ ‫ﯾـ‬ ‫ﺎن‬ ‫ﻫـﺎي‬ ‫ﻧﻘـﺪ‬ ‫ي‬ ‫را‬ ‫ﭘ‬ ‫داﺷﺘﻦ‬ .‫ﺑﺸﻨﺎﺳﻨﺪ‬ ‫ﯿ‬ ‫ﺸ‬ ‫ﯿ‬ ‫ﻨﮥ‬ ‫ﻋﻠﻤ‬ ‫ﯽ‬ ‫ﺗﺠﺮﺑـ‬ ‫و‬ ‫ﯽ‬ ‫ﺑـ‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﺑﺨـﺶ‬ ‫در‬ ‫ﺮا‬ ‫ي‬ ‫داﻧﺸـﺠﻮ‬ ‫ﯾ‬ ‫ﺎن‬ ‫ا‬ ‫در‬ ‫ﺣﺎﺿـﺮ‬ ‫ﯾـ‬ ‫ﻦ‬ ‫دوره‬ ‫ﺿﺮور‬ ‫ي‬ ‫ﻧ‬ ‫ﯿ‬ ‫ﺴﺖ‬ ‫ﻧﺮم‬ ‫ﺑﺎ‬ ‫ﮐﺎرﮐﺮدن‬ ‫ﻣﻬﺎرت‬ ‫داﺷﺘﻦ‬ . ‫اﻓﺰار‬ Excel ‫ﻣﺎﺷـ‬ ‫و‬ ‫ﯿ‬ ‫ﻦ‬ ‫ﺣﺴـﺎب‬ ‫ﻫـﺎي‬ ‫ﻣـﺎﻟ‬ ‫ﯽ‬ ‫ﺑـﺮا‬ ‫ي‬ ‫داﻧﺸـﺠﻮ‬ ‫ﯾ‬ ‫ﺎن‬ ‫ا‬ ‫ﯾـ‬ ‫ﻦ‬ ‫ﺗﻮﺻ‬ ‫دوره‬ ‫ﯿ‬ ‫ﻪ‬ ‫ﻣ‬ ‫ﯽ‬ ‫ﺷﻮد‬ ‫ﮐـﻼس‬ ‫در‬ ‫ﺷﺮﮐﺖ‬ ‫از‬ ‫ﻗﺒﻞ‬ . ، ‫و‬ ‫دو‬ ‫ﯾـ‬ ‫ﺪ‬ ‫ﯾ‬ ‫ﻮ‬ ‫ي‬ ‫ارﺳـﺎﻟ‬ ‫ﯽ‬ ‫ﺑـﺮا‬ ‫ي‬ ‫ﻣـﻮرد‬ ‫در‬ ‫ﺷـﻤﺎ‬ » ‫ﻣـﺎﻟ‬ ‫ﯽ‬ ‫ﭼ‬ ‫ﯿ‬ ‫ﺴـﺖ؟‬ « ‫و‬ » ‫ﻣﺮور‬ ‫ي‬ ‫ﻣﺎﻟ‬ ‫ﺑﺮ‬ ‫ﯽ‬ ‫ﺷﺮﮐﺖ‬ ‫ﻫﺎ‬ « ‫را‬ ‫ﺑﺒﯿ‬ ‫ﻨ‬ ‫ﯿ‬ ‫ﺪ‬ ‫آﻧ‬ ‫ﻧﻮﺷﺘﺎر‬ ‫و‬ ‫ﻬﺎ‬ ‫ﮐﻨ‬ ‫ﻣﻄﺎﻟﻌﻪ‬ ‫را‬ ‫ﯿ‬ ‫ﺪ‬ . 3 ‫ﺷﺮح‬ . ‫دوره‬ ‫ﻣﻬﻤـ‬ ‫ﺳﻬﻢ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﯽ‬ ‫ﺣـﺪود‬ .‫دارد‬ ‫ﮐﺸـﻮرﻫﺎ‬ ‫اﻗﺘﺼـﺎد‬ ‫در‬ ‫ﯾـ‬ ‫ﮏ‬ ‫ﺳـﺮﻣﺎ‬ ‫ﺳـﻮم‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﻫـﺎي‬ ‫زﻣـ‬ ‫ﺑـﻪ‬ ‫ﺟﻬـﺎن‬ ‫ﯿ‬ ‫ﻦ‬ ‫و‬ ‫ا‬ ‫در‬ .‫دارد‬ ‫اﺧﺘﺼﺎص‬ ‫ﺳﺎﺧﺘﻤﺎن‬ ‫ﯾ‬ ‫ﺮان‬ ‫ﻧ‬ ‫ﯿ‬ ‫ﺰ‬ ‫ﻣﻘ‬ ‫در‬ ‫ﯿ‬ ‫ﺎس‬ ‫ﻗﺎﺑـﻞ‬ ‫رﻗﻢ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ارزش‬ ،‫ﮐﺸﻮر‬ ‫اﻗﺘﺼﺎد‬ ‫ﻣﻼﺣﻈـﻪ‬ ‫اي‬ ‫ا‬ .‫اﺳﺖ‬ ‫ﯾ‬ ‫ﻦ‬ ‫ﻣﻬﻤ‬ ‫ﺷﺎﺧﺺ‬ ‫ﺑﺨﺶ‬ ‫ﯽ‬ ‫ﺑﺮا‬ ‫ي‬ ‫ﺗﻮﺳﻌﻪ‬ ‫ﯾ‬ ‫ﺎﻓﺘﮕ‬ ‫ﯽ‬ ‫ﻣـ‬ ‫ﻣﺤﺴﻮب‬ ‫اﻗﺘﺼﺎد‬ ‫ﯽ‬ ،‫ﺷـﻮد‬ ‫ﮔﻮﻧـﻪ‬ ‫ﺑـﻪ‬ ‫اي‬ ‫ﮐـ‬ ‫ﻪ‬ ‫ﺳـﺎﺧﺘﻤﺎن‬ ‫ﻫـﺎي‬ ‫ﻣﺤﻮﻃﻪ‬ ‫و‬ ‫ﻣﺪرن‬ ‫ﻫﺎي‬ ‫ﻫ‬ ‫ﯿ‬ ‫ﺠﺎن‬ ‫اﻧﮕﯿ‬ ‫ﺰ‬ ‫ﺣﺘ‬ ‫ﯽ‬ ‫ﻧﺸﺎﻧﻪ‬ ‫از‬ ‫ﻫﺎي‬ ‫ﭘ‬ ‫روﺷﻦ‬ ‫ﯿ‬ ‫ﺸﺮﻓﺖ‬ ‫اﻗﺘﺼﺎد‬ ‫ي‬ ‫ﺗﻠﻘ‬ ‫ﯽ‬ ‫ﻣ‬ ‫ﯽ‬ ‫ﺷﻮﻧﺪ‬ ‫ﻫﻢ‬ . ‫ﭼﻨﯿ‬ ،‫ﻦ‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﻋﻨﻮان‬ ‫ﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ » ‫دارا‬ ‫ﻃﺒﻘﮥ‬ ‫ﯾﯽ‬ « ‫ﭘﺬ‬ ‫ﻣﻮرد‬ ‫ﯾ‬ ‫ﺮش‬ ‫ﺳﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔﺬاران‬ ‫ﻣﺪ‬ .‫اﺳﺖ‬ ‫ﮔﺮﻓﺘﻪ‬ ‫ﻗﺮار‬ ‫ﯾ‬ ‫ﺮان‬ ‫ﺳـﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔـﺬاري‬ ‫ﮔـﺎﻫ‬ ‫ﯽ‬ ‫ﺑﺮا‬ ‫اوﻗﺎت‬ ‫ي‬ ‫ر‬ ‫ﻣﻮازﻧﮥ‬ ‫ﺑﻬﺒﻮد‬ ‫ﯾ‬ ‫ﺴﮏ‬ ‫دارا‬ ‫ﺳﺒﺪ‬ ‫ﺑﺎزده‬ ‫و‬ ‫ﯾﯽ‬ ‫ﻫﺎ‬ ‫ي‬ ‫ﻣـﺎﻟ‬ ‫ﯽ‬ ‫ﺗﺮﮐ‬ ‫ﺑـﻪ‬ ‫را‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ،‫ﺧـﻮد‬ ‫ﯿـ‬ ‫ﺐ‬ ‫ﺳـﺒﺪ‬
  • 2. 2 ‫ﻣ‬ ‫اﺿﺎﻓﻪ‬ ‫ﯽ‬ ‫ﮐﻨﻨﺪ‬ ‫ﺑﻨﺎﺑﺮا‬ . ‫ﯾ‬ ،‫ﻦ‬ ‫ﺑﺮا‬ ‫ي‬ ‫داﻧﺸﺠﻮ‬ ‫ﯾ‬ ‫ﺎن‬ ‫ﻣﺎﻟ‬ ‫رﺷﺘﮥ‬ ‫ﯽ‬ ، ‫ﺑـﺮا‬ ً‫ﺎ‬‫ﺧﺼﻮﺻ‬ ‫ي‬ ‫ﮔـﺮا‬ ‫ﯾ‬ ‫ﺶ‬ ‫ﻫـﺎي‬ ‫ﻣـﺪ‬ ‫ﯾ‬ ‫ﺮ‬ ‫ﯾ‬ ‫ﺖ‬ ‫ﺳـﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔـﺬاري‬ ‫و‬ ‫ﺣﺘ‬ ‫و‬ ‫ﺗﻮﺟﻪ‬ ،‫آن‬ ‫اﻣﺜﺎل‬ ‫ﯽ‬ ‫ا‬ ‫ﺑﺮ‬ ‫ﺗﻤﺮﮐﺰ‬ ‫ﯾ‬ ‫ﻦ‬ ‫اﺟﺘﻨﺎب‬ ‫ﺑﺨﺶ‬ ‫ﻧﺎﭘﺬﯾ‬ ‫ﺮ‬ .‫اﺳﺖ‬ ‫اﻣﻼك‬ ‫رﺷﺘﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اي‬ ‫ﭼﻨﺪوﺟﻬ‬ ‫ﯽ‬ ‫ﻣـ‬ ‫ﻣﺤﺴﻮب‬ ‫ﯽ‬ ‫ﺷـﻮد‬ ‫ز‬ : ‫ﯾ‬ ‫ﺴـﺖ‬ ،‫ﺷـﻨﺎس‬ ،‫ﻋﻤـﺮان‬ ‫ﻣﻬﻨـﺪس‬ ،‫ﻣﻌﻤـﺎر‬ ‫ﻣﻬﻨـﺪس‬ ‫وﮐ‬ ‫ﯿ‬ ،‫ﻞ‬ ‫ﻣـ‬ ‫ﻧﮕـﺎه‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺣﻮزة‬ ‫ﺑﻪ‬ ‫ﺧﻮدﺷﺎن‬ ‫ﻣﻨﻈﺮ‬ ‫از‬ ‫ﮐﺪام‬ ‫ﻫﺮ‬ ...‫و‬ ‫اﻗﺘﺼﺎددان‬ ‫ﯽ‬ ‫ﮐﻨﻨـﺪ‬ ‫اﻗﺘﺼـﺎد‬ ‫ﺳـﻄﺢ‬ ‫در‬ . ‫ﻣﺴ‬ ‫دو‬ ‫از‬ ‫اﻗﺘﺼﺎدداﻧﺎن‬ ،‫ﺧﺮد‬ ‫ﯿ‬ ‫ﺮ‬ ‫ﻣ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺣﻮزة‬ ‫وارد‬ ‫ﯽ‬ :‫ﺷﻮﻧﺪ‬ ‫ﺷـﻬﺮ‬ ‫اﻗﺘﺼـﺎد‬ ‫ي‬ ‫ﻣـﺎﻟ‬ ‫اﻗﺘﺼـﺎد‬ ‫و‬ ‫ﯽ‬ ‫اﻗﺘﺼـﺎد‬ . ‫ﺷﻬﺮ‬ ‫ي‬ ‫ﻣﺎﻟ‬ ‫اﻗﺘﺼﺎد‬ ‫و‬ ‫ﯽ‬ ‫ﺷﺎﺧﻪ‬ ‫دو‬ ‫ﻫﺮ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫اي‬ ‫ﮐﻪ‬ ‫ﺧﺮداﻧﺪ‬ ‫اﻗﺘﺼﺎد‬ ‫از‬ ‫اوﻟ‬ ‫ﯽ‬ ‫ﺗﺤﻠ‬ ‫و‬ ‫ﻣﻄﺎﻟﻌـﻪ‬ ‫ﺑﻪ‬ ‫ﯿـ‬ ‫ﻞ‬ ‫ﻣﺴـﺎﺋﻞ‬ ‫ﺷﻬﺮ‬ ‫ي‬ ‫دوﻣ‬ ‫و‬ ‫ﯽ‬ ‫ﺑﺎزارﻫﺎ‬ ‫ﻣﻄﺎﻟﻌﮥ‬ ‫ﺑﻪ‬ ‫ي‬ ‫ﺳﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﻣـﺎﻟ‬ ‫ﺧﺪﻣﺎت‬ ‫ﺻﻨﻌﺖ‬ ‫و‬ ‫ﯽ‬ ‫ﻣـ‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﺑﺨـﺶ‬ ‫در‬ ‫ﯽ‬ ‫ﭘـﺮدازد‬ . ‫ﻣﺤﻮر‬ ‫ﻣﻮﺿﻮع‬ ‫ي‬ ‫ا‬ ‫ﯾ‬ ‫ﻦ‬ ‫ﻣﺎﻟ‬ ‫اﻗﺘﺼﺎد‬ ،‫دوره‬ ‫ﯽ‬ ‫ﻣﺴ‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺘﻐﻼت‬ ‫ﻣﺎﻟ‬ ‫اﻗﺘﺼﺎد‬ .‫اﺳﺖ‬ ‫ﯽ‬ ‫ﺣـﻮزه‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ا‬ ‫ي‬ ‫از‬ ‫ﻣﺎﻟ‬ ‫داﻧﺶ‬ ‫ﻗﻠﻤﺮو‬ ‫در‬ ‫ﮐﻪ‬ ‫اﺳﺖ‬ ‫داﻧﺶ‬ ‫ﯽ‬ ، ‫ﺑﻪ‬ ‫و‬ ‫ﻃﻮر‬ ‫ﺧﺎص‬ ‫در‬ ‫ﺳﺮﻓﺼﻞ‬ ‫ﻣﺪﯾ‬ ‫ﺮ‬ ‫ﯾ‬ ‫ﺖ‬ ‫ﺳﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔﺬاري‬ ، ‫ﻣﺸﺨﺺ‬ ‫ﻃﻮر‬ ‫ﺑﻪ‬ ‫و‬ ‫ﺗـﺮ‬ ‫در‬ ‫زﯾ‬ ‫ﺮ‬ ‫ﺑﺪ‬ ‫ﻓﺼﻞ‬ ‫ﯾ‬ ‫ﻞ‬ ‫ﻫﺎي‬ ‫ﺳﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔﺬاري‬ ‫ﻣ‬ ‫ﻗﺮار‬ ‫ﯽ‬ ‫ﮔﯿـ‬ ‫ﺮد‬ ‫ا‬ ‫در‬ . ‫ﯾـ‬ ‫ﻦ‬ ‫ﻋﻨـﻮان‬ ‫ﺑـﻪ‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ،‫داﻧـﺶ‬ ‫از‬ ‫ﺣـﻮزه‬ ‫ﻃﺒﻘﻪ‬ ‫اي‬ ‫دارا‬ ‫از‬ ‫ﯾﯽ‬ ‫)ﺷﺒ‬ ‫ﯿ‬ ‫ﻪ‬ ‫دارا‬ ‫ﯾﯽ‬ ‫ﻫﺎي‬ ‫ﻣﺎﻟ‬ ‫ﯽ‬ ‫ﺗﺤﻠ‬ ( ‫ﯿ‬ ‫ﻞ‬ ‫ﻣ‬ ‫ﯽ‬ ‫ﺷﻮد‬ ‫ﺑـﻪ‬ . ‫رﻏـﻢ‬ ‫ﺗﮑ‬ ‫ﯿـ‬ ‫ﻪ‬ ‫ﻣـﺎﻟ‬ ‫ﺑـﺮ‬ ‫ﯽ‬ ‫ا‬ ‫در‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﯾـ‬ ‫ﻦ‬ ‫آ‬ ‫ﺟﻠﺴﮥ‬ ‫ﺳﻪ‬ ،‫درس‬ ‫ﻏﺎز‬ ‫ﯾ‬ ‫ﻦ‬ ‫ﺷﻬﺮ‬ ‫اﻗﺘﺼﺎد‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫اﻗﺘﺼﺎد‬ ‫ﺑﻪ‬ ‫ﮐﻼس‬ ‫ي‬ ‫و‬ ‫ﯾ‬ ‫ﮏ‬ ‫ﻣ‬ ‫ﺟﻠﺴﮥ‬ ‫ﯿ‬ ‫ﺎﻧ‬ ‫ﯽ‬ ‫ﻧ‬ ‫ﮐﻼس‬ ‫ﯿ‬ ‫ﺰ‬ ‫ﺑـﻪ‬ ‫ﭼﺮﺧﻪ‬ ‫ﻫﺎي‬ .‫اﺳﺖ‬ ‫ﺷﺪه‬ ‫داده‬ ‫اﺧﺘﺼﺎص‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫در‬ ‫رﮐﻮد‬ ‫و‬ ‫روﻧﻖ‬ ‫ا‬ ‫ﯾ‬ ‫ﻦ‬ ‫ﺑﺮا‬ ‫دوره‬ ‫ي‬ ‫داﻧﺸﺠﻮ‬ ‫ﯾ‬ ‫ﺎﻧ‬ ‫ﯽ‬ ‫ﻃﺮاﺣ‬ ‫ﯽ‬ ‫ﻋﻼﻗﻪ‬ ‫ﮐﻪ‬ ‫ﺷﺪه‬ ‫زﻣ‬ ‫در‬ ‫ﻣﻨﺪﻧﺪ‬ ‫ﯿ‬ ‫ﻨﮥ‬ ‫ﻣﺎﻟ‬ ‫ﯽ‬ ‫)ارزش‬ ‫ﻣﺴـﺘﻐﻼت‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﮔـﺬاري‬ ، ‫ﺳﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔﺬاري‬ ‫ﺗﺄﻣ‬ ‫و‬ ‫ﯿ‬ ‫ﻦ‬ ‫ﻣﺎﻟ‬ ‫ﯽ‬ ‫ا‬ .‫ﮐﻨﻨـﺪ‬ ‫ﮐﺴـﺐ‬ ‫داﻧـﺶ‬ ‫و‬ ‫ﻣﻬﺎرت‬ ( ‫ﯾـ‬ ‫ﻦ‬ ‫داﻧﺸـﺠﻮ‬ ،‫دوره‬ ‫ﯾ‬ ‫ﺎن‬ ‫ﻣﻔـﺎﻫ‬ ‫ﺑـﺎ‬ ‫را‬ ‫ﯿ‬ ‫ﻢ‬ ‫ﭘﺎ‬ ‫ﯾـ‬ ‫ﮥ‬ ‫ﻣـﺎﻟ‬ ‫ﯽ‬ ‫ﻣ‬ ‫آﺷﻨﺎ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﯽ‬ ،‫ﮐﻨﺪ‬ ‫ا‬ ‫ﻣﺤﺼﻮﻻت‬ ‫و‬ ‫ﯾ‬ ‫ﻦ‬ ‫ﻣﻌﺮﻓ‬ ‫آﻧﺎن‬ ‫ﺑﻪ‬ ‫را‬ ‫ﻃﺒﻘﻪ‬ ‫ﯽ‬ ‫ﻣ‬ ‫ﯽ‬ ‫ﮐﻨﺪ‬ ‫ﺳﺮﻣﺎ‬ ‫ﻣﻮﺿﻮع‬ ‫ﺑﻪ‬ . ‫ﯾ‬ ‫ﻪ‬ ‫ﮔﺬاري‬ ‫ﻃﺮح‬ ‫در‬ ‫ﻫﺎي‬ ‫ﺳﺎﺧﺖ‬ ‫وﺳﺎز‬ ‫و‬ ‫ﺗﻮﺳﻌﮥ‬ ‫زﻣﯿ‬ ‫ﻦ‬ ‫ﻣ‬ ‫ﯽ‬ ،‫ﭘﺮدازد‬ ‫ﻣ‬ ‫ﻧﺸﺎن‬ ‫و‬ ‫ﯽ‬ ‫دﻫﺪ‬ ‫ﺷ‬ ‫ﯿ‬ ‫ﻮه‬ ‫ﻫﺎ‬ ‫ي‬ ‫ﺗﺄﻣ‬ ‫ﻣﺨﺘﻠﻒ‬ ‫ﯿ‬ ‫ﻦ‬ ‫ﻣـﺎﻟ‬ ‫ﯽ‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﻃﺮح‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫ﻫﺎ‬ ‫ي‬ ‫ﺳﺎﺧﺖ‬ ‫وﺳﺎز‬ ‫ﮐﺪام‬ ‫اﺳﺖ‬ . ‫دوره‬ ‫ﻫﻢ‬ ‫ﭼﻨﯿ‬ ‫ﻦ‬ ‫ارزﺷ‬ ‫ﻓﻨﻮن‬ ‫ﯿ‬ ‫ﺎﺑ‬ ‫ﯽ‬ ‫زﻣ‬ ‫ﯿ‬ ‫ﻦ‬ ‫ﻣـ‬ ‫دﻧﺒﺎل‬ ‫را‬ ‫ﯽ‬ ‫ﮐﻨـﺪ‬ ‫ﻧﺸـﺎن‬ ‫و‬ ‫ﻣ‬ ‫ﯽ‬ ‫دﻫﺪ‬ ‫رو‬ ‫ﯾ‬ ‫ﮑﺮدﻫﺎ‬ ‫روش‬ ‫و‬ ‫ﻫﺎي‬ ‫ارزﺷ‬ ‫ﯿ‬ ‫ﺎﺑ‬ ‫ﯽ‬ ‫ﻣ‬ ‫و‬ ‫اﻣـﻼك‬ ‫ﺴـﺘﻐﻼت‬ ‫ﮐـﺪام‬ ‫اﻧـﺪ‬ . ‫در‬ ‫اﯾـ‬ ‫ﻦ‬ ‫رﻫﻨـ‬ ‫ﻣﺤﺼـﻮﻻت‬ ‫درس‬ ‫ﯽ‬ ، ‫ﺑﺎزارﻫﺎ‬ ‫ي‬ ‫اوﻟ‬ ‫ﯿ‬ ‫ﻪ‬ ‫ﺛﺎﻧﻮ‬ ‫و‬ ‫ﯾ‬ ‫ﮥ‬ ‫رﻫﻦ‬ ، ‫و‬ ‫ﻧﯿﺰ‬ ‫ﻧﻬﺎدﻫﺎ‬ ‫ي‬ ‫ﻣﺎﻟ‬ ‫ﯽ‬ ‫ﻣﻌﺮﻓ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﯽ‬ ‫ﻣ‬ ‫ﯽ‬ ‫ﺷﻮﻧﺪ‬ ‫ﻣﺤﺪود‬ ‫ﺣﺪ‬ ‫در‬ ‫دوره‬ . ‫ي‬ ‫ﺷﻬﺮ‬ ‫اﻗﺘﺼﺎد‬ ‫ﻣﺴﺌﻠﮥ‬ ‫ﺑﻪ‬ ‫ي‬ ‫ﻧ‬ ‫ﯿ‬ ‫ﺰ‬ ‫ﻣ‬ ‫ﯽ‬ ‫ﭘﺮدازد‬ ‫ﻓﺮﺻﺖ‬ ‫و‬ ‫اﻣﮑﺎﻧﺎت‬ ‫ﺗﺎ‬ ‫ﻫﺎ‬ ‫ي‬ ‫ﺳﺮﻣﺎ‬ ‫ﯾ‬ ‫ﻪ‬ ‫ﮔﺬاري‬ ‫ﺑﺮا‬ ‫را‬ ‫ﺷﻬﺮ‬ ‫در‬ ‫ي‬ ‫روﺷـﻦ‬ ‫داﻧﺸﺠﻮ‬ ‫ﮐﻨﺪ‬ . ‫ﺗﺮم‬ ‫اﯾﻦ‬ ‫در‬ ‫ﺳـﻪ‬ ‫روزﻫـﺎي‬ ‫ﮐﻪ‬ ‫ﺟﺒﺮاﻧـﯽ‬ ‫ﺟﻠﺴـﺎت‬ ‫آﻣﻮزﺷـﯽ‬ ‫دﺳـﺘﯿﺎران‬ ،‫اﺳـﺖ‬ ‫ﺗﻌﻄﯿـﻞ‬ ‫ﻣﺘﻌـﺪدي‬ ‫ﺷـﻨﺒﮥ‬ ‫و‬ ‫اﻋـﻼم‬ ‫را‬ ‫ﮐﻼس‬ ‫ﺟﺒﺮاﻧﯽ‬ ‫ﻫﺎي‬ ‫ﺧﻮاﻫﺪ‬ ‫ﺑﺮﮔﺰار‬ ‫ﺷﺪ‬ . 4 . ‫ﻣﺂﺧﺬ‬ 1 - 4 ‫اﺻﻠﯽ‬ ‫ﻣﺂﺧﺬ‬ . ‫ﮐﺘﺎب‬ :‫اﺳﺖ‬ ‫زﯾﺮ‬ ‫ﺷﺮح‬ ‫ﺑﻪ‬ ،‫ﺑﻮد‬ ‫ﺧﻮاﻫﺪ‬ ‫ﺷﻤﺎ‬ ‫دﺳﺘﺮس‬ ‫در‬ ‫آﻧﻬﺎ‬ ‫ﻓﺎﯾﻞ‬ ‫ﮐﻪ‬ ‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬ ‫ﻫﺎي‬ 1. Commercial Real Estate Analysis & Investments (2e), by Geltner, Miller, Clayton and Eichhaltz, Centage, 2007.
  • 3. 3 2. Real Estate Finance and Investments, by Brueggeman and Fisher (BF). Fourteenth Edition. McGraw-Hill Irwin, Inc. 2011. 3 . (‫ﻣﻘﺎﻻت‬ ‫)ﻣﺠﻤﻮﻋﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ،‫ﻋﻠﻤﯽ‬ ‫اﻧﺘﺸﺎرات‬ ،‫رادﭘﻮر‬ ‫ﻣﯿﺜﻢ‬ ‫و‬ ‫ﺗﺒﺮﯾﺰي‬ ‫ﻋﺒﺪه‬ ‫ﺣﺴﯿﻦ‬ ، ‫ﭘﺎﯾﯿﺰ‬ ،‫اول‬ ‫ﭼﺎپ‬ 1392 . 4. Urban Economics and Real Estate: Theory and Policy, by McDonald and McMillen. John Wiley & Sons. 2007. 5 . ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫و‬ ‫ﮔﺬاري‬ ‫ﺳﺮﻣﺎﯾﻪ‬ :‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫اﻧﺘﺸﺎرات‬ ،‫زاوه‬ ‫ﻓﺨﺮاﻟﺪﯾﻦ‬ ‫و‬ ‫ﺗﺒﺮﯾﺰي‬ ‫ﻋﺒﺪه‬ ‫ﺣﺴﯿﻦ‬ ، .(‫ﺗﻬﯿﻪ‬ ‫دﺳﺖ‬ ‫)در‬ ‫ﻧﯽ‬ 2 - 4 ‫ﻣﺂﺧﺬ‬ ‫دﯾﮕﺮ‬ . 6 . » ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺻﻨﺪوق‬ ‫ﻣﺴﺘﻐﻼت‬ ‫ﮔﺬاري‬ ‫؛‬ ‫ﻣﻄﺎﻟﻌ‬ ‫ﮥ‬ ،‫ﺗﻄﺒﯿﻘﯽ‬ « ‫ﺣﺴﯿﻦ‬ ،‫ﻓﺮاﺑﻮرس‬ ‫ﺗﻮﺳﻌﮥ‬ ‫و‬ ‫ﺗﺤﻘﯿﻖ‬ ‫واﺣﺪ‬ ‫ﻧﻈﺎم‬ ‫ﻓﺮﻣﺎن‬ ‫وﺣﯿﺪ‬ ‫و‬ ،‫ﻣﻬﺮﻧﻮر‬ ‫ﻣﺤﻤﺪ‬ ،‫دوﺳﺖ‬ ‫اردﯾﺒﻬﺸﺖ‬ ،‫آرا‬ 95 . 5 ‫ارزﯾﺎﺑﯽ‬ . 5 ‫زﻣﺎﻧﯽ‬ ‫ﺑﺮﻧﺎﻣﮥ‬ . ‫ﮐﻼس‬ ‫ﺗﮑﺎﻟﯿﻒ‬ ‫و‬ ‫رﯾﺰدرس‬ ،‫ﻫﺎ‬ ‫ﺟﻠﺴﻪ‬ ‫ﻣﻮﺿﻮع‬ ‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬ ‫ﺟﻠﺴﮥ‬ 1 . - ‫و‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﭘﺎﯾﮥ‬ ‫ﻣﻔﺎﻫﯿﻢ‬ ‫ﺗﺸﺮﯾﺢ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ - ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫و‬ ‫ﺗﺠﺰﯾﻪ‬ - ‫ﻣﻘﺪﻣﻪ‬ :‫اﺳﻼﯾﺪ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫و‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﺑﺮ‬ ‫اي‬ ‫اﺳﻼﯾﺪﻫﺎ‬ ‫ﻫﻤﮥ‬ /‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬/‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ ‫ﺑﺨﺶ‬ ‫در‬ ‫را‬ (‫)ﻋﺒﺪه‬ [‫ﺑﯿﺎﺑﯿﺪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ - (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬/‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ :‫اﺳﻼﯾﺪ‬ - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 1 / Chapter 6: Real Estate Market Analysis - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﻣﻘﺪﻣﻪ‬ :‫اول‬ ‫ﺑﺨﺶ‬ / ‫ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت؛‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺑﻪ‬ ‫اي‬ 1 - 1 - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﺑﺨﺶ‬ / ‫ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت؛‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫و‬ ‫ﺗﺠﺰﯾﻪ‬ :‫اول‬ 2 - 1 ‫ﺟﻠﺴﮥ‬ 2 . - ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫و‬ ‫ﭘﺎﺳﮑﻮﻟﻪ‬ ‫دي‬ ‫ﻣﺪل‬ ‫ﻣﺴﺘﻐﻼت‬ - ‫ﺳﯿﺎﺳﺖ‬ ‫زﻣﯿﻦ‬ ‫ﺑﻬﯿﻨﮥ‬ ‫ﻫﺎي‬ _ (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ / ‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻠﯿﻞ‬ ‫ﭼﻬﺎرﺑﺨﺸﯽ‬ ‫ﻣﺪل‬ :‫اﺳﻼﯾﺪ‬ _ ‫ﺳﯿﺎﺳﺖ‬ :‫اﺳﻼﯾﺪ‬ / ‫]ﺳﺎﯾﺖ‬ ‫زﻣﯿﻦ‬ ‫ﻋﺮﺿﮥ‬ ‫ﺑﻬﯿﻨﮥ‬ ‫ﻫﺎي‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 1 / Chapter 1: Real Estate Space and Asset Market ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 1 / Chapter 4: Inside the City 1: Some Basic Urban Economics ‫ﺟﻠﺴﮥ‬ 3 . - ‫ﺳﯿﺎﺳﺖ‬ ‫ﺟﻬﺎن‬ ‫و‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﮔﺬاري‬ - ‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫و‬ ‫ﭼﺎﻟﺶ‬ / ‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫ﻫﺎي‬ [‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ / ‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ _ ‫ﺳﯿﺎﺳﺖ‬ :‫اﺳﻼﯾﺪ‬ (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﺟﻬﺎن‬ ‫و‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﮔﺬاري‬ _ ‫ﺷﻬﺮداري‬ ‫ﭘﺎﯾﺪار‬ ‫ﻣﻨﺎﺑﻊ‬ ‫و‬ ‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ :‫اﺳﻼﯾﺪ‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻫﺎ‬ _ ‫ﮐﺘﺎ‬ ‫ﺷﻤﺎرة‬ ‫ب‬ 3 ‫ﻣﻘﺎﻟﮥ‬ ‫ﺟﻬﺎﻧﯽ؛‬ ‫روﻧﺪﻫﺎي‬ :‫ﻣﺴﮑﻦ‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫و‬ ‫ﻣﺴﮑﻦ‬ ‫ﺳﯿﺎﺳﺖ‬ :‫اول‬ ‫ﺑﺨﺶ‬ / 4 - 1 - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 4 / Part I: Economics and Urban Areas _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﺳﯿﺎﺳﺖ‬ ‫ﻣﻘﺎﻟﮥ‬ / ‫ﺗﺠﺮﺑﻪ‬ ،‫اﻗﺘﺼﺎدي‬ ‫ﻣﺒﺎﻧﯽ‬ :‫ﻣﺴﮑﻦ‬ ‫ﺣﻤﺎﯾﺘﯽ‬ ‫ﻫﺎي‬ ‫ﭘﯿﺸﻨﻬ‬ ‫و‬ ‫ﺟﻬﺎﻧﯽ‬ ‫ﻫﺎي‬ ‫ﺳﯿﺎﺳﺖ‬ ‫ﺑﺮاي‬ ‫ﺎدﻫﺎﯾﯽ‬ ‫ﮔﺬاري‬ ‫ﻧﻤﺮه‬ ‫ﻣﺸﻤﻮل‬ ‫ﻣﻮرد‬ ‫ﮐﻞ‬ ‫ﻧﻤﺮه‬ ‫از‬ ‫ﺳﻬﻢ‬ ‫ﮐﻼس‬ ‫در‬ ‫ﻣﺸﺎرﮐﺖ‬ 10 % ‫ﺗﮑﻠﯿﻒ‬ ‫ﺳﻪ‬ ‫ﮐﻼس‬ 40 % ‫دو‬ ‫ﻣﯿﺎن‬ ‫اﻣﺘﺤﺎن‬ ‫ﺗﺮم‬ 25 % ‫ﭘﺎﯾﺎن‬ ‫اﻣﺘﺤﺎن‬ ‫ﺗﺮم‬ 25 %
  • 4. 4 ‫ﺟﻠﺴﻪ‬ ‫ﻣﻮﺿﻮع‬ ‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬ (‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ _ ‫ﮐﺘﺎب‬ ‫ﺷﻤﺎرة‬ 5 (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫اﯾﺮان‬ ‫ﺷﻬﺮي‬ ‫اﻗﺘﺼﺎد‬ ‫ﻣﺴﺎﺋﻞ‬ / ‫ﺟﻠﺴﮥ‬ 4 . - ‫ﻣﻘﺪﻣﻪ‬ ‫ارزش‬ ‫ﺑﺮ‬ ‫اي‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ ‫ﻣﺴﺘﻐﻼت‬ - ‫ﺟﺮﯾﺎن‬ ‫ارزش‬ ‫در‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺰﯾﻨﮥ‬ ،‫ﻧﻘﺪي‬ ‫ﻫﺎي‬ - ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ _ ‫ارزش‬ ‫ﻣﺒﺎﻧﯽ‬ :‫اﺳﻼﯾﺪ‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ _ ‫ﺟﺮﯾﺎن‬ :‫اﺳﻼﯾﺪ‬ ،‫ﻧﻘﺪي‬ ‫ﻫﺎي‬ ‫ارزش‬ ‫در‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺰﯾﻨﮥ‬ ‫و‬ ‫ﺳﺎﺧﺘﺎر‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﺟﺮﯾﺎن‬ ‫ﺗﻨﺰﯾﻞ‬ ‫ﻣﺪل‬ :‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ارزﺷﯿﺎﺑﯽ‬ :‫ﺳﻮم‬ ‫ﺑﺨﺶ‬ / ‫ﻣﻘﺎﻟﮥ‬ ‫ﻧﻘﺪي؛‬ ‫ﻫﺎي‬ 2 - 3 - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 2 / Chapter10: Valuation of Income Properties ‫ﺟﻠﺴﮥ‬ 5 . - ‫و‬ ‫واﻗﻌﯽ‬ ‫اﺧﺘﯿﺎر‬ ‫ﻗﯿﻤﺖ‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ ‫ﻣﺴﺘﻐﻼت‬ - ‫ارزش‬ ‫ﺧﻄﺎﻫﺎي‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ ‫ﺗﺠﺮﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت؛‬ ‫اﯾﺮان‬ ‫ﻫﺎي‬ _ ‫ارزش‬ :‫اﺳﻼﯾﺪ‬ ) [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫واﻗﻌﯽ‬ ‫اﺧﺘﯿﺎرﻫﺎي‬ ‫روش‬ ‫از‬ ‫اﺳﺘﻔﺎده‬ ‫ﺑﺎ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ ‫ﻋﺒﺪه‬ ( _ ‫ﺗﺠﺮﺑﻪ‬ :‫اﺳﻼﯾﺪ‬ ‫ارزش‬ ‫از‬ ‫ﻫﺎﯾﯽ‬ /‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ (‫ﻻري‬ ‫ﻫﺎدي‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 1 / Chapter 27: Real Options and Land Value _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﻣﻘﺎﻟﮥ‬ ‫زﻣﯿﻦ؛‬ ‫ارزش‬ ‫و‬ ‫واﻗﻌﯽ‬ ‫اﺧﺘﯿﺎرﻫﺎي‬ :‫ﺳﻮم‬ ‫ﺑﺨﺶ‬ / 5 - 3 ‫ﻣﯿﺎن‬ ‫آزﻣﻮن‬ ‫اول‬ ‫ﺗﺮم‬ ‫ﺟﻠﺴﮥ‬ 6 . - ‫ﭼﺸﻢ‬ ‫و‬ ‫اﯾﺮان‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬ ‫آﺗﯽ‬ ‫اﻧﺪاز‬ - ‫ﺷﺎﺧﺺ‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬ ‫ﺟﻬﺎن‬ ‫ﺷﺎﺧﺺ‬ ‫و‬ ‫اﯾﺮان‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬ ‫ﻣﻬﻢ‬ ‫ﻫﺎي‬ - (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺨﺶ‬ ‫اﻗﺘﺼﺎد‬ ‫ﺳﯿﻤﺎي‬ :‫اﺳﻼﯾﺪ‬ - ‫ﺷﺎﺧﺺ‬ :‫اﺳﻼﯾﺪ‬ ‫ﺷﺎﺧﺺ‬ ‫و‬ ‫ﺟﻬﺎن‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬ (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﯾﺮان‬ ‫در‬ ‫ﻣﻮﺟﻮد‬ ‫ﻣﺴﮑﻦ‬ ‫ﻫﺎي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﺷﺎﺧﺺ‬ ‫ﻣﺴﺎﺋﻞ‬ / ‫ﺑﺎزار‬ ‫ﻣﻬﻢ‬ ‫ﻫﺎي‬ (‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﮐﺸﻮر‬ ‫ﻣﺴﮑﻦ‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﭼﺎﻟﺶ‬ / (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﮐﺸﻮر‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬ ‫ﻫﺎي‬ ‫ﺟﻠﺴﮥ‬ 7 . - ‫ﺳﺮﻣﺎﯾﻪ‬ ‫اﺑﺰار‬ ‫ﻣﺜﺎﺑﮥ‬ ‫ﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ - ‫ﮔﺬاري‬ - ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻋﻤﻠﮑﺮد‬ ‫ﺑﺮرﺳﯽ‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺑﺮاي‬ ‫ﻣﻨﺎﺳﺐ‬ ‫داراﯾﯽ‬ ‫ﻃﺒﻘﮥ‬ ‫ﻣﺜﺎﺑﮥ‬ ‫ﺑﻪ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ :‫اﺳﻼﯾﺪ‬ /‫]ﺳﺎﯾﺖ‬ ‫ﮔﺬاري‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻣﻮﻓﻘﯿﺖ‬ ‫درﺟﮥ‬ ‫ﺑﺮرﺳﯽ‬ :‫اﺳﻼﯾﺪ‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬ - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 1 / Chapter7:Real Estate as an Investment: Some Background Information _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻋﻤﻠﮑﺮد‬ ‫ﺑﺮرﺳﯽ‬ / ‫ﻣﺴﺘﻐﻼ‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬ (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ت‬ ‫ﺟﻠﺴﮥ‬ 8 . - ‫ﻣﺎﻟﯽ‬ ‫ﺑﺎزارﻫﺎي‬ ‫و‬ ‫ﻧﻬﺎدﻫﺎ‬ ،‫اﺑﺰارﻫﺎ‬ ‫ﻣﻌﺮﻓﯽ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎ‬ ‫ﻣﺮﺗﺒﻂ‬ - ‫ﺻﻨﺪوق‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬ ‫ﺑﺨﺶ‬ ‫در‬ ‫ﮔﺬاري‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ - (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺮ‬ ‫ﻣﺒﺘﻨﯽ‬ ‫روﯾﮑﺮد‬ :‫ﻣﺎﻟﯽ‬ ‫ﺑﺎزارﻫﺎي‬ ‫و‬ ‫ﻧﻬﺎد‬ ،‫اﺑﺰار‬ :‫اﺳﻼﯾﺪ‬ - ‫ﺻﻨﺪوق‬ :‫اﺳﻼﯾﺪ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬ ‫ﺻﻨﺪوق‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﺳﺎﺧﺘﻤﺎن‬ ‫و‬ ‫زﻣﯿﻦ‬ ‫ﻫﺎي‬ - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﺻﻨﺪوق‬ :‫اول‬ ‫ﺑﺨﺶ‬ / ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬ ‫ﻓﺼﻞ‬ ‫ﺗﺮﺟﻤﮥ‬ ‫ﻣﻘﺎﻟﻪ‬ ‫)اﯾﻦ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫ﮔﺬاري‬ 21 ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 2 ‫ﻣﻘﺎﻟﮥ‬ ‫اﺳﺖ(؛‬ 8 - 1 - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﺑﻬﺎدار‬ ‫اوراق‬ :‫دوم‬ ‫ﺑﺨﺶ‬ / ‫وام‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬ ‫ﺻﻔﺤﮥ‬ ‫اول‬ ‫ﻗﺴﻤﺖ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬ 150 - 142 ‫ﻣﻘﺎﻟﮥ‬ ‫؛‬ 2 - 2 - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﻓﺼﻞ‬ / 16 (‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ - ‫ﺷﻤﺎرة‬ ‫ﻣﺮﺟﻊ‬ 6 ‫ﻣﻘﺎﻟﻪ‬ ‫ﮐﻞ‬ / ‫ﺟﻠﺴﮥ‬ 9 . - ‫ﻣﺎﻟﯿﺎت‬ ‫و‬ ‫ﻣﺎﻟﯽ‬ ‫اﻫﺮم‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫در‬ ‫ﻫﺎ‬ ‫ﮔﺬاري‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ - ‫ﺑﺪﯾﻞ‬ ‫ﺳﻨﺘﯽ‬ ‫و‬ ‫ﺟﺪﯾﺪ‬ ِ‫ﯽ‬‫ﻣﺎﻟ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﻫﺎي‬ ‫ﭘﺮوژه‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬ - :‫اﺳﻼﯾﺪ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫در‬ ‫ﻣﺎﻟﯽ‬ ‫اﻫﺮم‬ ‫ﻧﻘﺶ‬ ) [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫روي‬ ‫ﮔﺬاري‬ ‫ﻋﺒﺪه‬ ( - ‫ﺑﺪﯾﻞ‬ :‫اﺳﻼﯾﺪ‬ ‫ﭘﺮوژه‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﻫﺎي‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﭘﺮوژه‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ / (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 / ‫ﻣﺎﻟﯿﺎت‬ (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺨﺶ‬ ‫ﻫﺎي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﻣﺎﻟﯿﺎت‬ ‫و‬ ‫اﻫﺮم‬ ‫اﺛﺮ‬ / ‫ﻓﺼﻞ‬ ‫ﺧﻼﺻﮥ‬ ‫ﻣﺴﺘﻐﻼت؛‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺑﺎزده‬ ‫روي‬ ‫ﻫﺎ‬ ‫ﻫﺎي‬ 11 ‫و‬ 12 ‫)ﻣﻘﺎﻟﮥ‬ ‫دوم‬ ‫ﮐﺘﺎب‬ ‫ﻋﺒﺪه‬ ( ‫ﺟﻠﺴﮥ‬ 10 . - ‫ﭼﺮﺧﻪ‬ ‫و‬ ‫اﻣﻼك‬ ‫رﮐﻮد‬ ‫و‬ ‫روﻧﻖ‬ ‫ﻫﺎي‬ ‫ﻣﺴﺘﻐﻼت‬ - ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻗﯿﻤﺖ‬ ‫ﺣﺒﺎب‬ ‫ﻧﻈﺮﯾﮥ‬ - ‫دوره‬ :‫اﺳﻼﯾﺪ‬ ‫و‬ ‫روﻧﻖ‬ ‫ﻫﺎي‬ (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫رﮐﻮد‬ - (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺎزار‬ ‫در‬ ‫ﺣﺒﺎب‬ ‫ﻣﺒﺎﻧﯽ‬ :‫اﺳﻼﯾﺪ‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﭼﺮﺧﻪ‬ / (‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻗﯿﻤﺘﯽ‬ ‫ﺣﺒﺎب‬ ‫و‬ ‫رﮐﻮد‬ ‫و‬ ‫روﻧﻖ‬ ‫ﻫﺎي‬ ‫ﻣﯿﺎن‬ ‫آزﻣﻮن‬ ‫دوم‬ ‫ﺗﺮم‬ ‫ﺟﻠﺴﮥ‬ 11 . - ‫ﻣﻘﺪﻣﻪ‬ ‫ﺑﺮ‬ ‫اي‬ ‫در‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻮﻻت‬ ‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬ - ‫اوﻟﯿﮥ‬ ‫ﺑﺎزار‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫رﻫﻦ‬ _ ‫ﮔﺰﯾﺪه‬ :‫اﺳﻼﯾﺪ‬ ‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬ ‫در‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻮﻻت‬ ‫از‬ ‫اي‬ (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ - ‫وام‬ :‫ﻣﺴﮑﻦ‬ ‫ﺧﺮﯾﺪ‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ :‫اﺳﻼﯾﺪ‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫رﻫﻦ‬ ‫اوﻟﯿﮥ‬ ‫ﺑﺎزار‬ ‫و‬ ‫رﻫﻨﯽ‬ ‫ﻫﺎي‬ (‫)ﻋﺒﺪه‬ - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﻣﻘﺎﻟﮥ‬ ‫اﯾﺮان؛‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﮐﺎراﯾﯽ‬ ‫ارزﯾﺎﺑﯽ‬ :‫دوم‬ ‫ﺑﺨﺶ‬ / 4 - 2 - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫ﻣﻘﺎﻟﮥ‬ ‫آن؛‬ ‫ﮔﺴﺘﺮش‬ ‫ﺿﺮورت‬ ‫و‬ ‫ﻣﺴﮑﻦ‬ ‫ﺳﺮﻣﺎﯾﮥ‬ ‫ﺑﺎزار‬ :‫دوم‬ ‫ﺑﺨﺶ‬ / 5 - 2 _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﻣﻘﺪﻣﻪ‬ / (‫زاوه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬ ‫در‬ ‫رﻫﻦ‬ ‫ﺑﺎزار‬ ‫ﺗﺤﻮﻻت‬ ‫ﺑﺮ‬ ‫اي‬
  • 5. 5 ‫ﺟﻠﺴﻪ‬ ‫ﻣﻮﺿﻮع‬ ‫اﺻﻠﯽ‬ ‫ﻣﺮﺟﻊ‬ ‫ﺟﻠﺴﮥ‬ 12 . - ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫ﺑﺎزار‬ ‫و‬ ‫ﻣﺴﺘﻐﻼت‬ ‫رﻫﻦ‬ ‫ﺛﺎﻧﻮﯾﮥ‬ - ‫ﺑﻬﺎدار‬ ‫اوراق‬ ‫ﺑﻪ‬ ‫ﺗﺒﺪﯾﻞ‬ ‫وام‬ ‫ﮐﺮدن‬ ‫رﻫﻨﯽ‬ ‫ﻫﺎي‬ - (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫رﻫﻦ‬ ‫ﺛﺎﻧﻮﯾﻪ‬ ‫ﺑﺎزار‬ ‫و‬ ‫رﻫﻨﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬ ‫اوراق‬ :‫اﺳﻼﯾﺪ‬ - ‫ﻣﺸﺘﻘﻪ‬ ‫دﯾﮕﺮ‬ ‫و‬ ‫رﻫﻨﯽ‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬ ‫ﺗﻌﻬﺪات‬ :‫رﻫﻦ‬ ‫ﺛﺎﻧﻮﯾﮥ‬ ‫ﺑﺎزار‬ :‫اﺳﻼﯾﺪ‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻫﺎي‬ ) ‫ﻋﺒﺪه‬ ( - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫اوراق‬ ‫ﺑﻪ‬ ‫ﺗﺒﺪﯾﻞ‬ :‫دوم‬ ‫ﺑﺨﺶ‬ / ‫وام‬ ‫ﺑﻬﺎدارﮐﺮدن‬ ‫ﻣﻘﺎﻟﮥ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬ 1 - 2 - ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫وام‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬ ‫ﺑﻬﺎدار‬ ‫اوراق‬ :‫دوم‬ ‫ﺑﺨﺶ‬ / .‫ص‬ ‫اول‬ ‫ﻗﺴﻤﺖ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬ 150 ‫ﻣﻘﺎﻟﮥ‬ ‫ﺑﻌﺪ؛‬ ‫ﺑﻪ‬ 2 - 2 _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 3 ‫وام‬ ‫ﭘﺸﺘﻮاﻧﮥ‬ ‫ﺑﺎ‬ ‫ﺑﻬﺎدار‬ ‫اوراق‬ ‫ﻃﺮاﺣﯽ‬ ‫اﺻﻮل‬ :‫دوم‬ ‫ﺑﺨﺶ‬ / ‫ﻣﻘ‬ ‫رﻫﻨﯽ؛‬ ‫ﻫﺎي‬ ‫ﺎﻟﮥ‬ 3 - 2 ‫ﺟﻠﺴﮥ‬ 13 . - ‫رﯾﺴﮏ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬ ‫ﻣﺴﺘﻐﻼت‬ - ‫ﺳﺮﻣﺎﯾﮥ‬ ‫ﺑﺎزارﻫﺎي‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫اﯾﺮان‬ ‫و‬ ‫ﺟﻬﺎن‬ - ‫رﯾﺴﮏ‬ :‫اﺳﻼﯾﺪ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬ ) [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬ ‫ﻋﺒﺪه‬ ( - [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺑﺎزار‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ :‫اﺳﻼﯾﺪ‬ (‫اﺳﺪي‬ ‫ﺑﻬﺮﻧﮓ‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 2 / Chapter 13: Risk Analysis ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫رﯾﺴﮏ‬ / ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﻫﺎي‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫ﮔﺬاري‬ ‫ﻋﺒﺪه‬ ( ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫اﯾﺮان‬ ‫ﺳﺮﻣﺎﯾﮥ‬ ‫ﺑﺎزار‬ ‫در‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ / ‫ﺟﻠﺴﮥ‬ 14 . - ‫ﻣﺴﮑﻦ‬ ‫ﻣﺎﻟﯽ‬ ‫ﺑﺤﺮان‬ - ‫ﻣﺎﻟﯽ‬ ‫ﺑﺤﺮان‬ :‫اﺳﻼﯾﺪ‬ ‫ﺑﯿﻦ‬ ‫رﯾﺸﻪ‬ ‫و‬ ‫اﻟﻤﻠﻠﯽ‬ (‫)زاوه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫آن‬ ‫ﻫﺎي‬ - ‫وام‬ ‫ﺑﺤﺮان‬ :‫اﺳﻼﯾﺪ‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﻋﺘﺒﺎر‬ ‫ﺑﺪون‬ ‫ﻫﺎي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﺟﻬﺎن‬ ‫ﮐﺸﻮرﻫﺎي‬ ‫در‬ ‫ﻣﺴﮑﻦ‬ ‫ﺑﺤﺮان‬ / ‫ﺟﻠﺴﮥ‬ 15 . - ‫و‬ ‫ﭘﺎﯾﻪ‬ ‫ﻣﻔﺎﻫﯿﻢ‬ :‫اﯾﺮان‬ ‫ﺳﺎز‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﺻﻨﻌﺖ‬ ‫ﻓﻌﻠﯽ‬ ‫ﻣﻮﻗﻌﯿﺖ‬ - ‫ﮐ‬ ‫اﻓﺰارﻫﺎي‬ ‫ﻧﺮم‬ ‫ﮔﺰارش‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﻨﺘﺮل‬ ‫دﻫﯽ‬ - ‫ﺑﻬﺮه‬ ‫ﻣﺪﯾﺮﯾﺖ‬ ‫ﻣﺪﯾﺮﯾﺖ‬ ‫ﺑﺮاﺑﺮ‬ ‫در‬ ‫ﺑﺮداري‬ ‫ﺗﻮﺳﻌﻪ‬ - ‫ﻗﯿﻤﺖ‬ ‫ﺳﺎزوﮐﺎر‬ ‫ﺑﺎ‬ ‫ﻣﺴﮑﻮﻧﯽ‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ ‫ﻣﺼﻨﻮﻋﯽ‬ ‫ﻫﻮش‬ ‫ﮐﻤﮏ‬ - ‫اراﺋﮥ‬ ‫ﻧﺮم‬ ‫ﮔﺰارش‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﮐﻨﺘﺮل‬ :‫اﻓﺰار‬ ‫ﺳﺎﺧﺖ‬ ‫ﻧﻤﻮﻧﮥ‬ ‫ﻃﺮح‬ ‫از‬ ‫دﻫﯽ‬ (‫ﺷﮑﯿﺒﺎ‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫وﺳﺎز‬ - ‫ﺣﺎﮐﻤﯿﺘﯽ‬ ‫و‬ ‫ﻗﺎﻧﻮﻧﯽ‬ ‫ﻣﺒﺎﺣﺚ‬ :‫اﺳﻼﯾﺪ‬ ‫ﭘﺮوژه‬ ‫اﺟﺮاي‬ ‫و‬ ‫ﺗﻌﺮﯾﻒ‬ ‫در‬ ‫)ﻣﺪرس‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫ﺷﻬﺮي]ﺳﺎﯾﺖ‬ ‫ﺳﺎﺧﺘﻤﺎﻧﯽ‬ ‫ﻫﺎي‬ (‫ﭘﺎرﺳﺎ‬ ‫ﻣﺠﯿﺪ‬ :‫ﻣﺪﻋﻮ‬ - ‫ﺳﺮﻣﺎﯾﻪ‬ ‫ﺗﺤﻠﯿﻞ‬ :‫اﺳﻼﯾﺪ‬ ‫ﺑﻬﺮه‬ ‫ﻣﺪﯾﺮﯾﺖ‬ ‫و‬ ‫ﻣﺴﺘﻐﻼك‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺗﻮﺳﻌﮥ‬ ‫در‬ ‫ﮔﺬاري‬ ‫ﺳﺎﺧﺘﻤﺎن‬ ‫از‬ ‫ﺑﺮداري‬ ‫از‬ ‫ﺑﺨﺸﯽ‬ ‫ﺗﺮﺟﻤﮥ‬ ‫ﺟﻤﻠﻪ‬ ‫)از‬ ‫ﻫﺎ‬ ‫ﻓﺼﻞ‬ 29 ‫ﮐﺘﺎب‬ 1 [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ (‫)ﻋﺒﺪه‬ - ‫ﺳ‬ ‫اراﺋﮥ‬ ‫ﻗﯿﻤﺖ‬ ‫ﺎزوﮐﺎر‬ (‫ﻋﻠﻮي‬ ‫ﻣﺤﻤﺪرﺿﺎ‬ :‫ﻣﺪﻋﻮ‬ ‫)ﻣﺪرس‬ ‫اﻣﻼك‬ ‫ﮔﺬاري‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﮔﺰارش‬ ‫و‬ ‫ﺳﺎﺧﺖ‬ ‫ﮐﻨﺘﺮل‬ / (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫دﻫﯽ‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﭘﺮوژه‬ ‫اﺟﺮاي‬ ‫و‬ ‫ﺗﻌﺮﯾﻒ‬ ‫در‬ ‫ﺣﺎﮐﻤﯿﺘﯽ‬ ‫و‬ ‫ﻗﺎﻧﻮﻧﯽ‬ ‫ﻣﺒﺎﺣﺚ‬ / (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﺷﻬﺮي‬ ‫ﺳﺎﺧﺘﻤﺎﻧﯽ‬ ‫ﻫﺎي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﺑﻬﺮه‬ ‫ﻣﺪﯾﺮﯾﺖ‬ / ‫ﺳﺎﺧﺘﻤﺎن‬ ‫از‬ ‫ﺑﺮداري‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻫﺎ‬ (‫ﻋﺒﺪه‬ ‫ﺟﻠﺴﮥ‬ 16 . - :‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫در‬ ‫وﯾﮋه‬ ‫ﻣﺒﺎﺣﺚ‬ ‫زﻣﺎﻧﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬ ‫ﺧﯿﺮﯾﻪ‬ ‫و‬ ‫وﻗﻒ‬ ‫ﺧﺮﯾﺪ‬ ‫ﻣﺮاﮐﺰ‬ ‫ﺳﺎﺧﺘﻤﺎن‬ ‫وﯾﮋه‬ ‫ﻫﺎي‬ - (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫زﻣﺎﻧﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬ :‫اﺳﻼﯾﺪ‬ - ‫ﺳﺎﺧﺘﻤﺎن‬ :‫اﺳﻼﯾﺪ‬ (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫اﻟﮑﺘﺮوﻧﯿﮏ‬ ‫ﻋﺼﺮ‬ ‫در‬ ‫ﺧﺮﯾﺪ‬ ‫ﻣﺮاﮐﺰ‬ ‫اﻓﻮل‬ ‫و‬ ‫وﯾﮋه‬ ‫ﻫﺎي‬ - (‫)ﻋﺒﺪه‬ [‫آﻣﻮزﺷﯽ‬ ‫اﺳﻼﯾﺪﻫﺎي‬ /‫]ﺳﺎﯾﺖ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﺗﻮﺳﻌﮥ‬ ‫در‬ ‫ﺧﯿﺮﯾﻪ‬ ‫و‬ ‫وﻗﻒ‬ :‫اﺳﻼﯾﺪ‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﻣﺴﺘﻐﻼت‬ ‫و‬ ‫اﻣﻼك‬ ‫ﻣﺎﻟﯽ‬ ‫ﺗﺄﻣﯿﻦ‬ ‫در‬ ‫زﻣﺎﻧﯽ‬ ‫ﻣﺸﺎرﮐﺖ‬ ‫ﻧﻘﺶ‬ / _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﺗﻮﺳﻌﻪ‬ ‫ﺻﻨﻌﺖ‬ ‫و‬ ‫ﺧﯿﺮﯾﻪ‬ ‫و‬ ‫وﻗﻒ‬ / (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫ﮔﺮي‬ _ ‫ﺷﻤﺎرة‬ ‫ﮐﺘﺎب‬ 5 ‫ﻋﺼﺮ‬ ‫در‬ ‫ﺷﻬﺮﻫﺎ‬ ‫ﻣﺘﻔﺎوت‬ ‫ﺳﯿﻤﺎي‬ / (‫ﻋﺒﺪه‬ ‫)ﻣﻘﺎﻟﮥ‬ ‫اﻟﮑﺘﺮوﻧﯿﮏ‬ ‫ﭘﺎﯾﺎن‬ ‫آزﻣﻮن‬ ‫ﺗﺮم‬