Real Estate (BSBA)

Today’s real estate professional must have a strong understanding of how the business world operates along with specialized skills in real estate valuation, development, financing and investment, and feasibility. The goal of the Bachelor of Science in Business Administration (BSBA) in Real Estate is to provide an environment in which students will be well trained in all aspects of the real estate industry. The Real Estate curriculum allows students to concentrate their studies on real estate development or finance and investments.

Please see the UNLV Lee Business School, Department of Economics web page for information about department programs, faculty and facilities. Degree worksheets and 4/5 year plan for the major are available at www.unlv.edu/degree/bsba-real-estate.

Learning Outcomes

Upon graduation, students earning a degree in Real Estate should be able to:

1. Use supply and demand analysis;
2. Use the appropriate models to explain the behavior of economic agents in different market structures;
3. Describe the role and function of financial markets, institutions, and policies;
4. Predict the effects of various micro- and macroeconomic policies using the appropriate models;
5. Explain the determinants of long run economic growth;
6. Gather, analyze, and interpret economic data;
7. Apply the time value of money to a variety of situations;
8. Explain the relationship between risk and return;
9. Analyze, compare, and contrast various real estate appraisal valuation methods; investment opportunities, and mortgage instruments;
10. Identify basic regional demographics and migration.

Career Possibilities

Career opportunities in real estate include: residential and commercial development, residential and commercial brokerage, mortgage banking, institutional real estate, real estate finance and investment.

Typical employers are: development companies, banks, brokerage companies, financing and investment service consulting.