Real Estate Finance Minor

The purpose of a minor in Real Estate Finance is to expose students to a range of real estate related topics such as commercial real estate valuation; real estate financing (mortgages, leasing, and the importance of financial leverage in real estate investing); sustainability; and real estate development.  Additionally, students will have the opportunity to improve their real estate-specific writing skills in order to succeed in this industry. 

Learning Goals and Objectives

Goal 1: Functional finance skills

Objective 1.1: Students will learn the concepts and tools necessary to value commercial and residential real estate assets.

Goal 2: Critical Thinking skills

Objective 2.1: Students will learn the skills to develop, implement, examine, and evaluate the validity of assumptions underlying the valuation techniques for real estate assets.

Goal 3: Communication Skills

Objective 3.1: Students minoring in Real Estate Finance will learn to make recommendations that are clearly and effectively supported by written analysis.

ACC 101Concepts: Financial Accounting3
FIN 200Intro to Finance3
FIN 300Intermediate Finance 13
REF 301Commerc Real Estate Valuation3
REF 303Residential Loans& Investments3
REF 400Commercial Real Estate Dev3

One elective:

This elective must be a 300- or 400-level REF course. FIN,RMI, or FPL courses cannot be used to satisfy the requirements of the REF minor unless approved by the Finance Department chair.

The first two courses in the Real Estate Finance minor are in the Business core: Concepts of Financial Accounting (ACC 101) and Introduction to Finance (FIN 200). These two courses can be double-counted toward a Business student’s major, and do not have to be replaced with additional courses for the minor. Students are responsible for completing all prerequisites to the courses required for the minor. The REF minor requires students to complete four 300- or 400-level REF courses. One REF course may be double counted toward a Finance, Financial Planning, or Risk Management & Insurance student’s major. Finance majors must take an additional 300- or 400-level FIN course to replace FIN 300 in the minor.