The vision of the real estate program at SDSU is to create a ready-day-one educational program for students who aspire to become future leaders and professionals within the multifaceted real estate industry. This vision and the changing nature of today’s real estate market require that graduates receive a complete education that provides both breadth and depth in this field.
Majors in real estate receive a solid foundation in business and real estate through required courses and depth in a particular sub-profession through one of three specialty tracks: real estate development, mortgage banking, and real estate investment advising. Graduates will also be prepared to continue learning, develop leadership, and contribute to communities as a result of their total degree program experience.
SDSU’s program in real estate provides students with analytical skills, technical competence to perform market analyses, and an understanding of the tools necessary to perform in today’s complex real estate industry. This means each graduate from the real estate program should be able to join any real estate organization and make an impact/contribution from their first day of employment. Graduates should be capable of making a wide variety of management decisions concerning real estate including the ability to apply new economic concepts and up-to-date analytical tools to the process of real estate decision making.
Students take courses in real estate, finance, information systems, management, marketing, and public administration, with additional courses in accountancy or economics.
Topics covered in these courses include real estate principles; real estate development; real estate appraisal; law of real property; real estate investment analysis; real estate finance; mortgage banking; marketing communication and promotion; business strategy and integration; introduction to urban planning; and accounting for managers.
Exceptional Faculty: The real estate major is offered in the Finance Department in the College of Business Administration. The two full time real estate faculty members are joined by developers, bankers, lawyers and other prominent professionals who bring cutting-edge relevance to the classroom and bridge learning with practice.
Corky McMillin Center for Real Estate: The College of Business Administration, with the generous donation from the Corky McMillin Companies, established the Corky McMillin Center of Real Estate in 2009. The mission of the Center is to improve the educational experience for real estate students at SDSU, foster academic research in the areas of real estate, and to act as a resource for real estate professionals, government and industry organizations.
Real Estate Advisory Board: The SDSU Real Estate Advisory Board is composed of prominent local and national real estate business leaders and alumni that provide direction to the Real Estate Program on a regular basis. Board members are frequent guest lecturers in real estate courses and provide internship opportunities for students.
Real Estate Society: For the past five years the Real Estate Society has continued to be one of the premier professional organizations on campus. This status is upheld by offering its members informative meetings with guest speakers in various areas of the real estate industry, orchestrating on site case studies, and hosting networking events. In addition to offering these events, the Real Estate Society places members in jobs and internships allowing them to gain the experience needed before entering the workforce.
Real Estate and Land Use Institute (RELUI): The Real Estate and Land Use Institute is a CSU system-wide institution that promotes research and professional education related to land use, real estate investment and development. Funding from the state of California is used for sponsoring student internships with local business firms that provide a combined working/learning experience and by providing employment opportunities for student researchers.
Real estate is one of the most dynamic business sectors and largest asset classes in the economy. It is in the midst of a transition from being primarily locally based to being integrated into the national and global economies. Important public and private decisions must be made every day about the use, management, valuation and disposition of vast real estate resources. This, and the changing nature of the financial environment in which real estate markets operate, has created demand for new real estate experts, people not only with basic real estate training, but also with good general business and financial skills.
This means that job opportunities for the real estate major are available in a wide variety of areas even in times of economic uncertainty. It is the goal of the real estate program at SDSU to provide a high level of education, and thus prepare its graduates for job opportunities in a variety of organizations, large and small, public and private.
Some real estate related career opportunities are listed below:
- Lending officers and mortgage analysts are employed by financial institutions such as banks, insurance companies, and mortgage bankers.
- Real estate appraisers estimate the value of property for lenders, investors, developers, courts of law, and public land use agencies.
- Investment counselors act as special advisors to investors in both private and public sectors by analyzing market information and helping clients make real estate investment decisions.
- Real estate brokers act as intermediaries between buyers and sellers. They facilitate sales and lending transactions for all types of property, and often have a specialty.
- Real estate developers plan and develop real estate projects. Specific functions include selecting sites, submitting plans, gaining governmental approvals, arranging financing, contracting with builders, and marketing these projects.
- Property and asset managers are responsible for the successful operation of existing properties, such as office buildings, shopping centers, industrial parks and residential apartments.
- Corporate real estate managers handle acquisition, operation and disposition of the real estate assets of large corporations such as industrial companies, major utilities, and retail chains.
To further explore career options in this field, visit the Career Services Web site for more information.
You can view more complete information regarding the Real Estate program in the General Catalog. All students are responsible for reading and knowing the information pertinent to their areas of study available in the General Catalog. It contains requirements for all academic majors, course descriptions, policies, and regulations governing progress at the university. Catalogs are distributed at all New Student Orientation programs. To order a General Catalog, call (619) 594-7535.