Real Estate Minor Requirements
Real Estate Minor for Business Students, 3 courses, 9 credits
Complete these three courses after completing BLE-214 Principles of Business Law:
-
BLE-318 Intro to Real Estate Principles
Prerequisites:
Take BLE-214
Credits:
3.00
Description:
This course is designed to introduce beginning students to the concepts and principles of real estate. The class will allow students to understand the key components of each major real estate asset class (including residential, retail, commercial, industrial, hospitality, properties etc.). Students will also understand the full range of professional players in the industry and what roles they play (brokers, contractors, developers, appraisers, lenders, lawyers, architect, etc.). We will teach the basic elements of a Development Pro-forma Budget, an Operating Pro-forma Budget, and a Sources and Uses Statement? as we learn about some of the essential financial schedules. We begin our discussion with a case that will teach you how to get started and to explore the considerations and tradeoffs in evaluating a specific real estate transaction. The course format utilizes the text, case work, selected web based data sources, selected readings and field trips. Throughout the course, an emphasis is placed on the practical application of the concepts taught, the use of current examples from the industry and todays marketplace.
Term:
Offered Fall Term
-
BLE-319 Real Estate Development and Public Policy
Prerequisites:
BLE-214;
Credits:
3.00
Description:
The students will explore the role of local, state and federal policy development in the real estate industry. Students will build fundamentals and explore the development process by investigating zoning, project review committees, community benefit packages, historic preservation concepts, environmental reviews, etc. We will specifically focus on the art of securing public approval for a broad range of real estate projects.
Term:
Offered Spring Term
-
FIN-317 Real Estate
Prerequisites:
FIN-310
Credits:
3.00
Description:
This course focuses primarily on real estate investment and many different approaches are discussed. The course examines related areas of law, finance, insurance, taxation, appraisal and brokerage.
Term:
Offered Both Fall and Spring
Any real estate special topics or independent study course may also count. Students should speak to their Real Estate Minor advisor in the department for further information.
Real Estate Minor for College of Arts and Sciences Students, 5 courses, 15 credits
In general, College of Arts and Science students may only undertake a business minor when they have achieved junior standing and have completed SBS 101 Business Foundations. Some of the courses below, however, may be completed in the sophomore year. See individual course descriptions for prerequisites.
Required courses for CAS students:
-
SBS-101 Business Foundations
Credits:
3.00
Description:
This course introduces students to foundational concepts in business, including functional areas, the life cycle, competition, stakeholders and ethical considerations. Students develop critical thinking by learning and using a problem solving process through a business situation analysis model to analyze various situations that confront managers and founders of small, medium, and large organizations. Students will also develop tools for analysis, allowing them to critically view business in a new and thoughtful way. The class culminates with student- teams presenting a detailed analysis and recommendations to a panel of executives and persuading them that the recommended strategy is not only feasible, but also practical for the stakeholders involved.
Term:
Offered Both Fall and Spring
-
BLE-214 Principles of Business Law
Credits:
3.00
Description:
An introduction to the field of business law including an overview of the organization and operation of the American legal system, including the court system and legal procedure, together with brief coverage of selected business law topics such as contracts, torts, criminal law,and agency principles. Particular attention is given to the ways in which business law manifests important social and ethical precepts.
Term:
Offered Both Fall and Spring
-
BLE-318 Intro to Real Estate Principles
Prerequisites:
Take BLE-214
Credits:
3.00
Description:
This course is designed to introduce beginning students to the concepts and principles of real estate. The class will allow students to understand the key components of each major real estate asset class (including residential, retail, commercial, industrial, hospitality, properties etc.). Students will also understand the full range of professional players in the industry and what roles they play (brokers, contractors, developers, appraisers, lenders, lawyers, architect, etc.). We will teach the basic elements of a Development Pro-forma Budget, an Operating Pro-forma Budget, and a Sources and Uses Statement? as we learn about some of the essential financial schedules. We begin our discussion with a case that will teach you how to get started and to explore the considerations and tradeoffs in evaluating a specific real estate transaction. The course format utilizes the text, case work, selected web based data sources, selected readings and field trips. Throughout the course, an emphasis is placed on the practical application of the concepts taught, the use of current examples from the industry and todays marketplace.
Term:
Offered Fall Term
-
BLE-319 Real Estate Development and Public Policy
Prerequisites:
BLE-214;
Credits:
3.00
Description:
The students will explore the role of local, state and federal policy development in the real estate industry. Students will build fundamentals and explore the development process by investigating zoning, project review committees, community benefit packages, historic preservation concepts, environmental reviews, etc. We will specifically focus on the art of securing public approval for a broad range of real estate projects.
Term:
Offered Spring Term
Take one elective course from the following list:
-
MKT-210 Principles of Marketing
Prerequisites:
Take ENG-101 or ENG-103;
Credits:
3.00
Description:
As part of the core curriculum for the BSBA, this course provides a comprehensive, innovative, managerial, and practical introduction to marketing. Students will learn and apply basic concepts and practices of modern marketing as used in a wide variety of settings. Technological advances, rapid globalization, economic shifts and cultural and environmental developments are causing profound changes in the marketplace. As the marketplace changes, so must the marketers who serve it. These new developments signify a brand new world of opportunities for forward thinking marketers. In response to these new developments, the focus of this course is on four major themes that go to the heart of modern marketing theory and practice: 1. Building and managing profitable customer relationships; 2. Building and managing strong brands; 3. Harnessing new marketing technologies in this digital age; and 4. Marketing in a socially responsible way around the globe.
-
MGT-401 Negotiations
Prerequisites:
MGT 317 and Junior Standing
Credits:
3.00
Description:
This course is premised on the fact that whereas a manager needs analytical skills to discover optimal solutions to business problems, a broad array of negotiation skills is needed to implement these solutions. This experiential course is designed to improve your skills in all phases of negotiation: understanding prescriptive and descriptive negotiation theory as it applies to dyadic and multiparty negotiations, to buyer-seller transactions and the resolution of disputes, to the development of negotiation strategy, and to the management of integrative and distributive aspects of the negotiation process. The course is based on a series of simulated negotiations in a variety of contexts including one-on-one, multi-party, cross-cultural, third-party and team negotiations. Please note that given the experiential nature of the course, attendance is mandatory and will be strictly enforced beginning from the first class session.
Term:
Offered Both Fall and Spring
-
MGT-302 Developing Innovation Skills
Credits:
3.00
Description:
This highly interactive and experiential course will help you to develop your creative skills for business and life success. Corporate leaders consider creativity [1] to be an essential skill. However, according to a recent Conference Board study [2], college graduates lack the creativity and innovation skills needed to succeed in the workplace. The Council on Competitiveness warns that companies that do not embrace innovation (and creativity) as a core business value will fall to global competition.[3] We will discuss meaning of life issues that will serve to clarify your thinking and help you align your values and belief-systems with what you do on a daily basis at work and throughout your life. A substantial body of evidence indicates that people tend to be more creative when working on projects that interest them, and most creative when passionately immersed in their endeavors. We will focus on enhancing creativity in the workplace to achieve defined organizational needs, to add economic value to the organization, and to create social value as well. We will also focus on helping you to understand and apply a wide array of creative processes and tools to develop your creative competencies and skills. We will use breakout groups, role plays, experiential exercises, and discussions to facilitate your learning. This course is an invitation to you to explore and define what you want to create in your life. [1] The Conference Board defines creativity/innovation as the ability to demonstrate originality, inventiveness in work, communicate new ideas to others, and integrate knowledge across disciplines. [2] Are They Ready To Work: Employers Perspectives on the Basic Knowledge and Applied Skills of New Entrants to the 21st Century Workforce. 2006. [3] Innovate America: Thriving in a World of Challenge and Change. July, 2004. National Innovation Initiative, Council on Competitiveness.
Term:
Summer
-
FIN-317 Real Estate
Prerequisites:
FIN-310
Credits:
3.00
Description:
This course focuses primarily on real estate investment and many different approaches are discussed. The course examines related areas of law, finance, insurance, taxation, appraisal and brokerage.
Term:
Offered Both Fall and Spring
Any real estate special topics or independent study course may also count. Students may also contact the Business Law and Ethics Department to speak to the Real Estate Minor advisor for further information.
