University education today is often intrinsically connected to industry needs. If graduates do not have industry-ready skills then they and their employers may see this as a university failing. RMIT University prides itself on its industry links. The Property and Valuation programs at the School of Property, Construction and Project Management have strong and continuing ties with industry and in particular with the major accrediting body, the Australian Property Institute. It is important to all stakeholders; (students, industry and the University), that this focus be maintained. This paper uses research from literature, focus groups and interviews to examine current Property and Valuation programs at RMIT University from an industry perspective. Industry participants are drawn from the pool of employers who support our Work Experience Program. The paper identifies the strengths and weaknesses of the programs and suggests strategies to improve both curricula and student involvement. It also discusses industry beliefs concerning professional accreditation and the role of the University in this process. This ongoing investigation will form the initial stage of a thorough analysis of all programs offered at the School and will form part of the continuing strive towards excellence.