Centers | REFIC

Real Estate Curriculum

The McCombs real estate curriculum offers students a comprehensive program that combines the disciplines of finance, real estate, law, and community planning. Undergraduate students graduate to fast-track positions as analysts, commercial leasing agents and property managers, and MBAs begin careers in investment banking, development, and opportunity funds.

The Department of Finance is in an excellent position to lead other schools in this educational initiative. We integrate real estate into our formidable finance department. Our faculty members are are top researchers in real estate, financial markets, securitization, and financial risk management. REFIC combines the faculty resources of real estate and finance to create the preeminent academic program in this exciting area.

Graduate Curriculum

jay teachingMBA students can choose a concentration in real estate as part of the full-time MBA program. The concentration requirements are specified below. MBA students can also participate in several extra curricular activities that augment their time spent in the classroom.

Curriculum Requirements
FIN 286 - Valuation (flexible-core)
FIN 394.1 - Advanced Topics in Corporate Finance
FIN 397.1 - Investment Theory & Practice
FIN 386.2 - Real Estate Investment Decisions

Notes: Students should complete FIN 286, FIN 394.1 and FIN 397.1 during their first year in the MBA program. Most remaining Finance electives have these three courses as prerequisites. We recommend that students take RE 386.2 during spring of their first year.

Any two (2) courses chosen from the list below:
RE 386.1 - Real Estate Markets
RE 386.7 - Real Estate Decision Making
RE 386.3 - Real Estate Analysis – Practicum
RE 388 - Seminar in Real Estate Finance – Spring II only
FIN 397.6 - Special Topics in Investment – REIT  

Any one course from the following:
ACC 380D - Advanced Topics in Financial Reporting (recommended by department; fall semester only)
ACC 380K.7 - Financial Statement Analysis  

Recommended Electives
FIN 394.5 - Fixed Income Analysis
LEB 380 - Law of Commercial Real Estate Finance and Development
CRP 389C - Planning for Land Development
CRP 385C - Sustainable Urban Econ Development
CRP 386 - Urban Land Institute Workshop

Additional courses may be approved on a course-by-course basis.

Total credit hours: 20
Faculty Contact: Jay Hartzell

 

Undergraduate Curriculum

BBA students can major in finance with a special focus in real estate. The real estate track requirements are specified below and include six semester credit hours in real estate electives. BBA students can also participate in several extracurricular activities through membership in the Undergraduate Real Estate Society.

  • FIN 354 - Money, Banking, & Economic Conditions OR 371M - Money & Capital Markets (REQUIRED)
  • FIN 377.3* OR 377.4 - Security OR Financial Analysis (REQUIRED)
  • Six hours (two courses) of Real Estate Electives:
    RE 358 Introduction to Real Estate and Urban Land Development
    RE 378K Real Estate Finance and Syndication (spring)
    RE 376G Real Estate Investment (fall)

* FIN 377.3 is available only to students in the Financial Analyst Program.

Undergraduate Certificate

The Texas Undergraduate Real Estate Certificate Program (Texas URE) within the McCombs School of Business provides business and non-business undergraduate students the opportunity to earn an officially recognized concentration in the study of real estate.

The program is truly multidisciplinary and draws upon the best resources from across the university. The program’s rigorous coursework, combined with the requirement for students to venture beyond their primary major, enhances the learning experience of our students and enables the university to prepare top talent for the real estate industry.

The program requires 18 semester hours from six unique courses. Below is an outline of the program's requirements. For more information, please visit the Texas URE website.

Undergraduate Real Estate Certificate Program Flow Chart

Page last updated: 10/30/2013