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Real Estate: Development and Finance Major, B.S. in B.A.

B.S. in B.A.
Major Map

The Real Estate Development & Finance major teaches students to make effective decisions about real estate investment including analysis of debt financing and valuation metrics. Invest, operate or develop office buildings, industrial parks, apartments, subdivisions and other real estate assets while considering architecture, construction, entrepreneurship, law and urban planning. This people-oriented program focuses on the development, investment, and management of real estate as a business. Learn how the built world operates, how professionals make investment/development decisions and understand risk/reward. The mission of the Real Estate Development & Finance major is to prepare students for employment and leadership across the spectrum of real estate development, finance and business in global society. The Real Estate Development and Finance program goals are (1) Provide tools to analyze risk-adjusted investment value of real estate assets, (2) Impart understanding of social, economic, legal and interpersonal aspects of real estate development, (3) Promote comprehension of domestic and global financial markets as they relate to real estate.

Admission Requirements, Retention & Termination Standards

To declare a major in Real Estate: Development and Finance, see the Real Estate program advisor. To register for most of the courses on the major, students must be admitted to Professional Business Studies. Please see the bulletin for course prerequisites.

At least 18 hours of Finance coursework must be taken at CMU. Only FIN 490 may be taken as Credit/No Credit and counted toward the major.

Students with this major may not count FIN 335, FIN 337, and FIN 438 toward the Finance Minor.

Program Requirements

Common Body of Knowledge Courses I (6 hours)

BUS 100Essential Business Skills


MGT 499Integrated Capstone-Strategic Management


Common Body of Knowledge Courses II (3 hours)

Select one of the following:

BUS 300QRApplied Business Statistics


BUS 503QRApplied Lean Six Sigma


Required Courses (21 hours)

BLR 330Real Estate Law


ECO 375Economics of Cities and Regions


FIN 335Real Estate Principles


FIN 336Real Estate Finance and Investments


FIN 337Real Estate Valuation/Appraisal


FIN 438Real Estate Development


FIN 490Internship in Finance


Electives (6 hours)

Select the courses below for 6 hours, or select one course below plus another 300 or 400 level course in Finance & Law or Accounting for 6 hours.

FIN 315Principles of Investments


FIN 472Money and Capital Markets


Total: 36 semester hours