Overview

Major Area of Specialization in Real Estate (STEM)

The real estate major is designed for students who want to apply theoretical and analytical concepts to real estate lending, investment and development. The program builds on real estate development and new urbanism concepts, while maintaining a strong emphasis on quantitative methods in finance.

Curriculum Requirements

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 , 2
UMX 100The University of Miami Experience0
WRS 105First-Year Writing I3
WRS 106First-Year Writing II 33
or ENG 106 Writing About Literature and Culture
Arts and Humanities Cognate Courses9
People and Society Cognate Courses9
Electives 14
BSBA Business Core Requirements 1
ACC 211Principles of Financial Accounting3
or ACC 221 Accelerated Principles of Financial Accounting
ACC 212Managerial Accounting3
or ACC 222 Accelerated Managerial Accounting
BSL 212Introduction to Business Law and Ethics3
BTE 210Fundamentals of Business Technology and Innovation3
BTE 320Python Programming: Fundamentals and Algorithms3
BUS 150Business Analytics3
BUS 211Professional Development for Finance and Accounting (or other approved Miami Herbert Business School career course)1
or MGT 199 Professional Development and Success in the Workplace
BUS 300Critical Thinking and Persuasion for Business 33
ECO 211Principles of Microeconomics3
ECO 212Principles of Macroeconomics3
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; fulfills Quantitative Skills Requirement)4
MTH 162Calculus II4
MGT 100Managing for Success in the Global Environment3
MGT 303Operations Management3
MGT 304Organizational Behavior3
MGT 401Strategic Management (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 Vice Dean for Undergraduate Business Education - check pre-requisites: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
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)3
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
FIN 446Real Estate Market Analysis (pre- or co-requisite FIN 344)3
Major Choice Courses - Select one course (3 credit hours) from the following: 3
Introduction to Alternative Investment (pre-requisites FIN 302 & FIN 320)
Fixed Income Markets and Analysis (pre-requisites FIN 302 & FIN 320)
Optional Course (Strongly Recommended)
Advanced ARGUS (offered as a one-credit enhancement in the spring semester) 6
Total Credit Hours120
1

NOTE:  WRS 105 and WRS 106 or 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 Vice Dean for Undergraduate Business Education.

3

 Students who do not earn at least a C- in WRS 106 or ENG 106 must either repeat WRS 106 or ENG 106 and earn at least a C- or complete WRS 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 2.5 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

 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 Miami Herbert Business School 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 is Arts and Humanities, which must be completed through a major, minor, or cognate outside of the Business School.

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

Plan of Study Grid
Freshman Year
FallCredit Hours
ECO 211 Principles of Microeconomics 3
MGT 100 Managing for Success in the Global Environment 3
MKT 201 Foundations of Marketing 3
MTH 161 Calculus I 4
WRS 105 First-Year Writing I 3
UMX 100 The University of Miami Experience 0
 Credit Hours16
Spring
BUS 150 Business Analytics 3
ECO 212 Principles of Macroeconomics 3
MTH 162 Calculus II 4
WRS 106 or ENG 106 First-Year Writing II
or Writing About Literature and Culture
3
Arts and Humanities Cognate Course 3
 Credit Hours16
Sophomore Year
Fall
ACC 211 Principles of Financial Accounting 3
BSL 212 Introduction to Business Law and Ethics 3
BTE 210 Fundamentals of Business Technology and Innovation 3
BUS 211 Professional Development for Finance and Accounting 1
MAS 311 Applied Probability and Statistics 3
Arts and Humanities Cognate Course 3
 Credit Hours16
Spring
ACC 212 Managerial Accounting 3
BUS 300 Critical Thinking and Persuasion for Business 3
FIN 302 Fundamentals of Finance 3
MAS 312 Statistical Methods and Quality Control 3
Arts and Humanities Cognate Course 3
 Credit Hours15
Junior Year
Fall
BTE 320 Python Programming: Fundamentals and Algorithms 3
FIN 320 Investment and Security Markets 3
FIN 344 Real Estate Investment Analysis 3
MGT 304 Organizational Behavior 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
FIN 446 Real Estate Market Analysis 3
People and Society Cognate Course 3
Real Estate Major Choice Course 3
Elective 3
Elective 3
 Credit Hours15
Spring
MGT 401 Strategic Management 3
Quantitative Choice Course 3
Elective 3
Elective 3
Elective 1
 Credit Hours13
 Total Credit Hours120

Mission

  • To develop innovative ideas and principled leaders that transform global business and society.

Goals

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

Student Learning Outcomes

  • BBA/BSBA graduates will be critical thinkers, able to select and apply appropriate models, tools, and techniques, and frameworks to enable them to render analytically sound business decisions.
  • BBA/BSBA graduates will be able to identify, analyze and resolve ethical issues in business scenarios.
  • BBA/BSBA graduates will demonstrate professional written communication skills.
  • BSBA graduates will have strong technical skills.