Real Estate: Development and Finance Major, B.S. in B.A.
B.S. in B.A.
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 100 | Essential Business Skills | 3(3-0) |
| MGT 499 | Integrated Capstone-Strategic Management | 3(3-0) |
Common Body of Knowledge Courses II (3 hours)
Select one of the following:
Required Courses (21 hours)
| BLR 330 | Real Estate Law | 3(3-0) |
| ECO 375 | Economics of Cities and Regions | 3(3-0) |
| FIN 335 | Real Estate Principles | 3(3-0) |
| FIN 336 | Real Estate Finance and Investments | 3(3-0) |
| FIN 337 | Real Estate Valuation/Appraisal | 3(3-0) |
| FIN 438 | Real Estate Development | 3(3-0) |
| FIN 490 | Internship in Finance | 1-3(Spec) |
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 315 | Principles of Investments | 3(3-0) |
| FIN 472 | Money and Capital Markets | 3(3-0) |
Total: 36 semester hours