VCU Bulletins

Real Estate, Bachelor of Science (B.S.)

Special requirements

The foundation program specifies course work required during the freshman and sophomore years. Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of:

  • A minimum of 54 credits in the foundation program
  • ACCT 203 and 204 Introduction to Accounting I and II
  • BUSN 201 and 202 Foundations of Business I and II
  • BUSN 225 Winning Presentations
  • ECON 210 Principles of Microeconomics
  • ECON 211 Principles of Macroeconomics
  • INFO 160, 161, 162 and 165
  • SCMA 212 Differential Calculus and Optimization for Business (or MATH 200 Calculus with Analytic Geometry )
  • UNIV 111 and 112 Focused Inquiry I and II, and UNIV 200 Inquiry and the Craft of Argument (with a minimum grade of C in UNIV 112 and 200)

The admission requirements for the School of Business detail the deadlines for students to be admitted to the advanced business program with a major in the school. At least 30 hours of the required business courses for the Bachelor of Science must be taken at VCU.

Students may need to take additional mathematics courses as prerequisites to SCMA 212 or MATH 200. These credits will count as electives in the foundation program. The sample curriculum outline includes SCMA 171 since many of our students will need to complete this course.

The INFO 160, 161, 162 and 165 requirements may be waived upon successful completion of a Knowledge Equivalency Test administered by the Office of Undergraduate Studies. No more than two additional credits may be applied to the degree from the INFO 16x series.

No more than four credits in physical education courses may be applied to the degree.

PSYC 214 and INTL 493 may not be counted toward a business degree.

The major in real estate prepares students for the graduate-level study of real estate, economics and finance, as well as careers in land development, brokerage, valuation and investment counseling, site analysis and selection, real property management, mortgage lending, and bank trust and corporate real estate departments, in addition to other real estate-related careers in the public and private sectors.

Learning goals

Degree requirements for Real Estate, Bachelor of Science (B.S.)

Learning outcomes

Upon completing this program:

  • Graduates will be able to understand the legal foundations of real estate including contracts, options, title transfer, easements, conveyances, liens and recording statutes.
  • Graduates will be able to apply mathematical techniques to real estate financial analysis, including the financing process, mortgage risk analysis and loan underwriting.
  • Graduates will be able to apply the highest and best use analysis (cost, market and income approaches) in valuing real estate property and will be able to understand/calculate the mathematics of yield capitalization.
  • Graduates will apply time value of money concepts to real estate applications involving real estate investment analysis including debt and equity structure.
Business Foundation (63 credits) Credits
   
General Education Requirements  
University Core Education Curriculum (minimum 21 credits)
UNIV 111 Focused Inquiry I 3
UNIV 112 Focused Inquiry II 3
UNIV 200 Inquiry and the Craft of Argument 3
Approved humanities/fine arts 3
Approved natural/physical sciences 3-4
Approved quantitative literacy (SCMA 212 Differential Calculus and Optimization for Business or MATH 200 Calculus with Analytic Geometry) 3-4
Approved social/behavioral sciences 3-4
   
Business General Education requirement (16 credits)  
BUSN 225 Winning Presentations 3
ECON 210 Principles of Microeconomics 3
ECON 211 Principles of Macroeconomics 3
INFO 160 Digital Literacy: Computer Concepts, Internet, Digital Devices 1
INFO 161 Digital Literacy: Word Processing Skills I 1
INFO 162 Digital Literacy: Spreadsheets Skills I 1
INFO 165 Digital Literacy: Spreadsheet Skills II 1
Business General Education elective (Select credits from the approved list.) 3
   
Additional Business Foundation requirements (23-26 credits)  
ACCT 203 and 204 Introduction to Accounting I and II 6
BUSN 201 and 202 Foundations of Business I and II 6
SCMA 302 Business Statistics II 3
Open electives 8-11
   
Advanced business program (57 credits)  
Advanced business core (33 credits)  
FIRE 311 Financial Management 3
FIRE 312 Financial Modeling 3
FIRE 325 Real Estate Law 3
INFO 360 Introduction to Business Information Systems 3
MGMT 310 Managing People in Organizations 3
MGMT 319 Organizational Behavior 3
MGMT 434 Strategic Management (capstone) 3
MKTG 301 Marketing Principles 3
SCMA 301 Business Statistics I 3
SCMA 323 Legal Environment of Business 3
SCMA 325 Organizational Communication 3
Major requirements (24 credits)  
FIRE 305 Principles of Real Estate 3
FIRE 425 Real Estate Appraisal 3
FIRE 435 Real Estate Finance and Capital Markets 3
FIRE 445 Real Estate Investment Analysis 3
Real estate electives 12
   
Total minimum requirement 120

Business general education electives

Additional University Core Education Curriculum approved courses
Any AFAM, ANTH, ANTZ, ARTH, BIOL, BIOZ, CHEM, CHEZ, CRJS, DANC, ENGL, ENVS, FRSC, FRSZ, GEOG, GEOZ, HIST, INNO, INSC, INTL (except INTL 493), MASC, MATH, PHIL, PHYS, PHYZ, POLI, PSYC (except PSYC 214), RELS, SOCS, SOCY, USRP or WRLD course
Any foreign language course
Any honors-designated course taught outside of the School of Business
Any of the following UNIV courses:
UNIV 211 Food for Thought
UNIV 213 The Truth About Lying
UNIV 217 Finding Your Voice in Contemporary Society
UNIV 222 Pseudoscience
UNIV 299 What?s the Big Idea?

Approved real estate electives

ECON 307 Money and Banking
FIRE 309 Risk and Insurance
FIRE 315 Real Property Management
FIRE 317 Investments
FIRE 321 Intermediate Financial Management
FIRE 429 Property and Liability Insurance
FIRE 441 Funds Management in Financial Institutions
FIRE 451 Options, Futures and Swaps
FIRE 492 Independent Study in Finance, Insurance and Real Estate
FIRE 493 Internship in Finance, Insurance and Real Estate
MGMT 491 Topics in Management
MKTG 325 Business-to-business Marketing
MKTG 430 Experiential Marketing
MKTG 435 Selling in the Business Marketplace
MKTG 442 Services Marketing
MKTG 445 Nonprofit Marketing
MKTG 448 Digital Marketing

Click here to download a sample outline. [PDF]

 

 

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Richmond, Virginia
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Last update: 6/10/2014

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