Real Estate and Urban Analysis
Program Overview
Real Estate and Urban Analysis
Overview
Real estate is an applied discipline that utilizes management, economics, marketing, and finance principles in the study of real estate valuation, development, brokerage, and finance. Many areas of the financial services industry require extensive real estate knowledge.
Career Opportunities
As students progress in their real estate careers, they typically acquire designations from and participate in one or more professional associations. Among the designations are the MAI (Member of the Appraisal Institute), CCIM (Commercial Investment Real Estate Institute), GRI and CRS (awarded by the National Association of Realtors), CRE (American Society of Real Estate Counselors), and CPM (Institute of Real Estate Management).
Curriculum
Principles Courses
- Accounting Principles
- Economics Principles
- Statistics
Core Courses
- Business Skills and Environment
- Business Law
- Finance
- International Business
- Logistics
- Management Sciences
- Management and Human Resources
- Marketing
- Strategic Management
Required Major Courses
- Introduction to Real Estate
- Property Management
- Real Estate Law
- Real Estate Finance
- Selected courses in real estate and urban analysis
Study Abroad
The Office of Global Business provides students with a variety of options to put classroom theories into action in compelling international locations and learn through experience. Employers value the diverse background that global experiences provide and list "strategic international understanding" and "cross-cultural experience" as two of the most desirable employee traits.
Internship
Though internships are not required for business students, 95 percent of students registered with the Office of Career Management have some kind of internship experience before they graduate. Many students receive an offer of full-time employment from their internship employer.
Honors and Scholars
Honors students majoring in business have the option of applying for and participating in one of four Honors programs (Accounting Honors, Finance Honors, Honors Cohort, Honors Immersion) or an Honors research project. Each option provides the opportunity to graduate with a diploma designation.
Student Organizations
Students can join the Fisher Real Estate Society (FRES), a student organization that allows students to network with faculty, alumni, professionals, and recruiters in the real estate industry. FRES members are given first access to job and internship opportunities, preference toward real estate scholarships, and exclusive access to join the Center for Real Estate Education and Researchs Mentorship Program.
Possible Careers
The real estate major has opportunities for employment with commercial banks, savings associations, insurance companies, mortgage bankers, and private appraisal and consulting firms. Real estate developers, property management firms, and residential or commercial and industrial brokerage offices also offer employment. Students may find employment in corporate real estate departments, franchise organizations with multiple site requirements, and government agencies involved with lending. Many real estate graduates eventually organize their own businesses in one of these fields.
Salary Estimates
The average starting salary for students majoring in real estate and urban analysis was $58,571.
Program Objectives
At graduation, Fisher College of Business graduates:
- Will possess strong analytical and problem-solving skills to identify and critically assess problems facing contemporary businesses
- Will demonstrate in-depth knowledge of human resources
- Will possess a global perspective and can critically evaluate the international context a contemporary business operates in
- Can identify and assess ethical issues surrounding business decisions
- Are able to work effectively in a team-based environment
- Can demonstrate professional deportment and effective oral and written communication skills
Academic Information
Some components of the real estate business require licensure or certification. With proper planning, students can acquire the educational prerequisites for licensure in Ohio as a salesperson or broker while completing the real estate major.