Real Estate Undergraduate Program Overview
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 a core business curriculum combined with courses in real estate finance, law, development, investment and valuation. Graduates will also be prepared to continue learning, provide leadership, and contribute to communities and a variety of organizations, large and small, public and private as a result of their total degree program experience.
SDSU's program in real estate provides students with analytical skills and technical competence to perform market and project analyses, and an understanding of the tools necessary to perform in today's complex real estate industry. This means graduates should be prepared to make an impact/contribution to any real estate organization from their first day of employment. Graduates that select applicable courses should have most of the requirements underway to attain a real estate broker's license. SDSU's real estate program recognizes the ever-changing real estate environment and prepares majors for diverse opportunities in development, finance, brokerage, property and asset management, appraisal, mortgage banking and corporate real estate, even in times of economic uncertainty.
Required Courses in the Upper Division Major
Visit the Undergraduate Business Advising Center web page for required courses in the major. The Business Advising Center provides information, counseling, and advising to current and prospective undergraduate students, their families, and the faculty and staff of the University.
Real Estate Course Descriptions
For important prerequisite information for these classes, including information about completion of lower division course requirements in business major or minor, visit the Undergraduate Business Advising Center web page for required courses in the major website.
FIN 331. Real Estate Essentials
Fundamental operations of the real estate market; principles of real property valuation, financing, law, investment, brokerage, management, and development.
FIN 333. Law of Real Property
Legal theory and practice of estates in land; landlord and tenant relationships; land transactions; mortgages and trust deeds; easements; land use; ownership rights in land; environmental law.
FIN 335. Land Markets and Real Estate Analysis
Theory and analysis of land utilization. Location analysis and determinants of land use patterns. Real estate market behavior and economic growth. Basic real estate investment analysis. Public controls and policies affecting land markets.
FIN 431. Real Estate Finance
Methods of financing real estate; sources of funds; governmental financial agencies; feasibility analysis for various types of properties.
FIN 433. Theory of Real Property Value
Introduction to theories of real property value. Techniques of value determination. Data analysis techniques.
FIN 435. Real Estate Investment Analysis
Theories and methods of investment analysis applied to real estate. Integration of various aspects of real estate from the investors perspective. Use of computer models for investment decision making.
FIN 437. Real Estate Development
Real estate development process. Fundamental real estate market behavior. Project level proforma and master schedule development. Project financing. Shifting priorities and perspectives in due diligence, entitlement, construction, closeout, leasing and occupancy phases. Case studies for multiple property types.
FIN 438. Mortgage Banking
Financing of commercial and residential real estate. Reviews operation and organization of primary and secondary markets for debt and equity financing instruments. Topics include loan origination, underwriting, servicing and default management, securitization and REITs.