Minor in Real Estate
Why Earn Your Minor in Real Estate at Sacred Heart?
The vast real estate industry is estimated to account for about 17% of the U.S. gross domestic product (GDP). The industry offers a variety of career paths including property management, real estate development, lease administration, title examiner, mortgage processor, real estate appraiser, realtor, commercial loan officer and mortgage broker. For students with an interest in real estate, the minor is a great supplement to a major in management, marketing, sport management, economics or finance.
Curriculum
Business Foundational Courses | 9 credits
Pursuing the real estate minor requires foundational knowledge of accounting and finance and the ability to analyze data using Excel.
Choose BUAN 210 or ITI 350
Emphasis on the information that the language of business provides for decisionmakers. This is accomplished by using a transactions-analysis approach. Individual and team-based problems and cases are used to stress accounting fundamentals as well as the global and ethical issues of accounting decisions.
This course covers a range of skills from the field of analytics. Students will be expected to collect, clean, analyze and communicate data leading to data driven decision-making. All students are required to sit for Microsoft Excel certification and an industry certificates in data fundamentals.
Provides an overview of the principles and techniques used in financial management and an introduction to financial markets. Topics include time value of money, measures of risk, models for pricing bonds and stocks, financial analysis, capital structure, cost of capital, capital budgeting, and working capital management. Students are introduced to financial problem-solving using Microsoft Excel.
Prerequisite: Take AC 221
The course covers the breadth of activities and methods and tools that data scientists use to visualize and study patterns in data. The content focuses on concepts, principles and practical applications that are applicable to any industry and technology environment, and the learning is supported and explained with lab sessions using a programming language. Important machine learning techniques are covered: regression, clustering, classification, association rules, time series analysis, and text analysis. The students are expected to create a final project related to their field of study, write a paper, and present it to the class.
Required Courses | 6 credits
Real estate finance prepares students to understand the risks and rewards associated with financing and investing in both residential and commercial real estate. Concepts and techniques include investing, financing, appraising and managing real estate portfolios, leasing, managing property, and managing real estate investment funds (REITs). Appraisal techniques such as sales, cost approach and income approach in real estate appraisal are introduced with Excel Examples.
Prerequisite: Take FN-215
This course provides students interested in careers in managing real estate an understanding of how to identify properties, analyze real estate investments understand and negotiate leases and develop a marketing plan. Property management is covered in detail including how to work with tenants. Basic legal, risk management and economic considerations are discussed. Prerequisite is FN 215.
Prerequisite: Take FN-215
Electives | 6 credits
Choose two
Negotiation is the art and science of securing agreements between two or more interdependent parties. Hence, the purpose of this course is to develop an understanding of the psychological and strategic dynamics of negotiation. The course is grounded in the major concepts and theories of bargaining, negotiation, and mediation and is designed to use a combination of simulations and analysis to build your own personal experience in the classroom and in the real world.
Examines professional selling process and sales methodologies, including prospecting, fulfilling customer needs, addressing concerns/objections and partnering with customers to improve relationships. Students will learn how to communicate value, guide the customer journey and close the sale.
Prerequisite: Take MK-201
This course provides students interested in careers in managing real estate an understanding of how to identify properties, analyze real estate investments understand and negotiate leases and develop a marketing plan. Property management is covered in detail including how to work with tenants. Basic legal, risk management and economic considerations are discussed. Prerequisites: RE 301, FN 215, BUAN 210.
Prerequisite: Take FN-215 BUAN-210 RE-301
Examines principles and fundamentals of managing and financing sport and entertainment venues. Focuses on developing knowledge and skills necessary to develop, design, and manage sports, recreation, and health/fitness facilities. Emphasizes design analysis, operations, and event management. Includes site visits.