Introduction

The Real Estate major area of specialization in the School of Business Administration is for business students seeking to apply the theoretical and analytical concepts of finance to real estate lending, investment, and development. 

Educational Objectives

The importance of understanding developments in real estate and mortgage markets and the integration of real estate investments into the national and international economy have led to increased interest in this important field. The real estate major strengthens ties with important segments of the business community and builds on the University’s strategic strengths in architecture (New Urbanism) and urban planning. 

Business students pursuing the Real Estate major area of specialization should consider taking the courses necessary to meet the requirements of the Urban Studies Minor (For more information, contact the Director of the Urban Studies Program.)

Curriculum Requirements

Major Area of Specialization in Real Estate (STEM)

In addition to satisfying the University General Education Requirements and Electives, students pursuing the BSBA in Real Estate must complete the BSBA Business Core and the specific coursework for the Real Estate major area of specialization as follows:

University General Education Requirements 1
ENG 105English Composition I3
ENG 106English Composition II3
UMX 100The University Of Miami Experience0
Arts and Humanities Cognate Courses9
People and Society Cognate Courses9
Electives 215
BSBA Business Core Requirements 1
ACC 221Accelerated Principles of Financial Accounting3
ACC 222Accelerated Managerial Accounting3
BSL 212Introduction to Business Law3
BTE 210Fundamentals Of Business Technology & Innovation3
BTE 320Introduction to Programming3
BUS 101First Step (Freshman Integrity, Responsibility, and Success through teamwork)3
BUS 150Business Analytics3
BUS 300Critical Thinking & Persuasion for Business 33
ECO 211Economic Principles and Problems3
ECO 212Economic Principles and Problems3
FIN 302Fundamentals of Finance3
MAS 311Applied Probability and Statistics (minimum grade of C- required)3
MAS 312Statistical Methods and Quality Control3
MTH 161Calculus I (minimum grade of C- required)4
MTH 162Calculus II4
MGT 303Operations Management3
MGT 304Organizational Behavior3
MGT 401Strategic Management (must be taken in the final semester)3
MKT 201Foundations of Marketing3
or MKT 301 Marketing Foundations
Quantitative Choice - Select one of these suggested courses approved by the academic advisor:3
Object-Oriented Programming
Database Management Systems
Applied Econometrics
Mathematical Economics And Applications
Introduction to Optimization and Decision Making
Stochastic Models in Operations Research
Computer Simulation Systems
Supply Chain Modeling and Analysis (pre-requisite of MGT 303)
Supply Chain Strategy
Major Area of Specialization in Real Estate 4 , 5
Fundamentals of Finance (taken as part of the Business Core - minimum B grade required)
BSL 333Legal Aspects of Real Estate Transactions (pre-requisite BSL 212)3
FIN 320Investment and Security Markets (pre-requisite FIN 302) 63
or FIN 303 Intermediate Financial Management
FIN 344Real Estate Investment Analysis (pre-requisite FIN 302 & pre- or co-requisite FIN 303 or FIN 320)3
FIN 347Introduction to ARGUS1
FIN 445Real Estate Finance (pre-requisite FIN 344)3
Major Choice Courses - Select two courses (6 credit hours) from the following: 66
Introduction to Alternative Investment (pre-requisites FIN 302 & FIN 320)
Fixed Income Markets and Analysis (pre-requisites FIN 302 & FIN 320)
Real Estate Market Analysis (pre- or co-requisite FIN 344)
Optional Course (Strongly Recommended)
Advanced ARGUS (offered as a one-credit enhancement in the spring semester) 7
Total Credit Hours120
1

NOTE:  ENG 105 and ENG 106or their equivalents, must be completed prior to attaining junior year classification, per the University General Education Requirements. Additionally, all 100 and 200-level Business Core courses must be completed by the end of the fifth semester of college work or during the semester in which the student is completing 75 credit hours.

2

 At least one course with an international focus must be completed within the degree requirements.  The appropriateness of the course is determined by the academic advisor.

3

 Students who do not earn at least a C- in ENG 106 must either repeat ENG 106 and earn at least a C- or complete ENG 230 with at least a C- before enrolling in BUS 300.

4

 In order to pursue a major area of specialization in Real Estate, a student must earn a grade of "B" (grade point of 3.0) or higher in FIN 302 (note that a grade of "B-" does not qualify), and must have a minimum cumulative University of Miami GPA of 2.5 before enrolling in FIN 303 or FIN 320.

5

 All specific coursework for the major area of specialization in Real Estate must be completed with a grade of "C-" of higher (except for the minimum "B" grade required for FIN 302, as noted).  A minimum cumulative GPA of 2.0 is required for all specific coursework taken in the major area of specialization.

All courses must be taken within the current pre-requisite structure.

6

Currently, two of the three major electives for Real Estate require FIN 320 as a pre-requisite.

7

 The pre-requisite for FIN 348 is FIN 347.

BSBA in Real Estate - Sample Plan of Study

This Sample Plan of Study represents one possible version of a new freshman Business student’s 8-semester plan.  The individual student's plan may vary depending upon the initial placement into English Composition and mathematics. Moreover, numerous plan variations are possible if a student enters the University with advanced college credits, wishes to participate in study abroad, chooses a special program option, or selects additional majors or minors.  

Note that each major/minor at the University of Miami satisfies a particular "Area of Knowledge" within the general education requirements of the University. This means that it is possible to pursue two majors or a major and a minor within the School of Business and fulfill both the STEM and People and Society Areas of Knowledge; a separate cognate in these areas would not be required. The only remaining general education Area of Knowledge would be Arts and Humanities, which must be completed through a major, minor, or cognate outside of the School of Business.

Students construct their individualized plans in collaboration with their assigned academic advisor.

Plan of Study Grid
Freshman Year
FallCredit Hours
BSL 212 Introduction to Business Law 3
BUS 101 First Step (Freshman Integrity, Responsibility, and Success through teamwork) 3
ENG 105 English Composition I 3
MKT 201 Foundations of Marketing 3
MTH 161 Calculus I 4
UMX 100 The University Of Miami Experience 0
 Credit Hours16
Spring
ACC 221 Accelerated Principles of Financial Accounting 3
BUS 150 Business Analytics 3
ENG 106 English Composition II 3
MTH 162 Calculus II 4
Arts and Humanities Cognate Course 3
 Credit Hours16
Sophomore Year
Fall
ACC 222 Accelerated Managerial Accounting 3
BTE 210 Fundamentals Of Business Technology & Innovation 3
ECO 211 Economic Principles and Problems 3
MAS 311 Applied Probability and Statistics 3
Arts and Humanities Cognate Course 3
 Credit Hours15
Spring
ECO 212 Economic Principles and Problems 3
FIN 302 Fundamentals of Finance 3
MAS 312 Statistical Methods and Quality Control 3
MGT 304 Organizational Behavior 3
Arts and Humanities Cognate Course 3
 Credit Hours15
Junior Year
Fall
BTE 320 Introduction to Programming 3
BUS 300 Critical Thinking & Persuasion for Business 3
FIN 320 or 303 Investment and Security Markets
or Intermediate Financial Management
3
FIN 344 Real Estate Investment Analysis 3
People and Society Cognate Course 3
 Credit Hours15
Spring
BSL 333 Legal Aspects of Real Estate Transactions 3
FIN 347 Introduction to ARGUS 1
FIN 445 Real Estate Finance 3
MGT 303 Operations Management 3
People and Society Cognate Course 3
Elective recommended - FIN 348 Advanced ARGUS 1
 Credit Hours14
Senior Year
Fall
People and Society Cognate Course 3
Quantitative Choice Course 3
Real Estate Major Choice 3
Elective 3
Elective 3
 Credit Hours15
Spring
MGT 401 Strategic Management 3
Real Estate Major Choice 3
Elective 3
Elective 3
Elective 2
 Credit Hours14
 Total Credit Hours120