Program Details
Real Estate, Bachelor of Science
Bachelor of ScienceVirginia Commonwealth University
Transfer Guides are designed to maximize transfer credit as students complete their associate degree at the community college before transferring to the bachelor's degree program. If you are a current Virginia Community College student or are planning to start at a Virginia Community College before transferring to this institution and program, please follow the Transfer Guide to plan your courses at the community college. The following Transfer Guide(s), applicable to this program, are available in the Resource Center. If there is a program-specific Transfer Guide and a general or general studies Transfer Guide, you are advised to follow the program-specific Transfer Guide. Please see your community college advisor for assistance in selecting the best pathway.
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.
Outcomes
Upon completing this program: Graduates will understand the legal foundations of real estate including contracts, options, title transfer, easements, conveyances, liens and recording statutes. Students will also understand ethical decision-making in the context of identifying ethical standards and establishing a framework for making ethical decisions. 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 be able to apply appropriate skills in evaluating real estate investments. This is includes a multidisciplinary approach to financial, spatial and social economics.
Program Overview & Guidance
| Program Guidance Element | What You Need to Know |
|---|---|
| Considerations for Selecting Degree | This degree prepares students for 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. |
| Program Requirement Notes | Program Requirement Notes The admission requirements for the School of Business detail the deadlines and other requirements for students to be admitted to one of these major programs of study. The following courses must be completed before the student may declare a specific business major: ACCT 203, ACCT 204, BUSN 201 or BUSN 205, BUSN 212 or MATH 200, BUSN 225, ECON 210, ECON 211, UNIV 111, UNIV 112 and UNIV 200. The School of Business has special academic policies, including policies on transfer credits, that apply to all undergraduate degrees. All baccalaureate degree programs in the School of Business require successful completion of the business knowledge exam as administered in BUSN 499. Students may need to take additional mathematics courses as prerequisites to BUSN 212 or MATH 200. These credits will count as open electives in the degree program. No more than six credits from the BUSN 16X Digital Literacy courses may be applied to the degree. INTL 493 may not be counted toward a business degree. Credit for SPCH 121 or SPCH 321 will substitute for BUSN 225, and no more than three credits of these courses may be applied toward a business degree. Students who earned a minimum grade of B in either ECON 203 or ECON 205 at VCU may substitute that credit for ECON 210. The pass/fail grading policy may not be used for many course requirements. Students should check with their academic adviser before taking the pass/fail grading option. Students must receive a minimum grade of C in FIRE 305, FIRE 325, FIRE 425, FIRE 435 and FIRE 445, and must have a minimum GPA of 2.0 in the remainder of the real estate major electives. |
| Considerations When Selecting Courses |
Complete courses that are equivalent to VCU's lower-level business courses with grades of B or better. Student must have a minimum 2.5 GPA to declare their business major. Missing lower-level courses must be taken before beginning the advanced business courses.
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| Program Requirements Beyond Specific Courses | |
| Doing More With Your Degree | This program introduces basic principles of real estate, property management, real estate law, appraisal and finance. Select from a comprehensive list of electives to learn the essentials of real estate negotiation, brokerage and land-use planning. We also offer internships that give you real-world experience and prepare you for a variety of careers in the real estate profession. |
| Program Successes & Highlights | The Kornblau Real Estate Program at VCU helps students define their ideal career path through site visits to real estate developments and one-on-one access to industry mentors. Graduates are continually supported as they seek licenses and professional designations. Our programs prepare you for careers in mortgage lending, development, investments, brokerage and sales, valuation and property management. 90% of our recent graduates are employed or pursuing graduate studies. |
Program Credit Requirements
If you wish to see how your credits may apply, you can:
- Contact the institution where a staff member can help you map your credits to the requirements for this program.
- View the program requirements listed in the institution's catalog.
Applicable Admissions Agreements
The table below lists admissions agreements between Virginia Commonwealth University and partner institutions that may guarantee admission to this program if you meet the required criteria. Click on the title name of the agreement to view a summary of those criteria.
You can view the full text of these Agreements in the Resource Center
What If I Have An Associate Degree Or Credit For Prior Learning?
| Transfer Guidance Element | What You Need to Know |
|---|---|
| Associate Transfer Degree Completion | Students who earn an Associate of Arts, Associate of Arts & Sciences, Associate of Fine Arts, Associate of Science, General Education Certificate, or Uniform Certificate of General Studies from the Virginia Community College System, Richard Bland College, or the College of Southern Maryland may be eligible to participate in the Guaranteed Admission Agreement. Students with one of these degrees may also be eligible to have the majority of their general education requirements waived. Students who have successfully completed the appropriate courses and earned the Associate of Science or Associate of Arts & Sciences in Business Administration should enter VCU as juniors, prepared to enter the Advanced Business Program portion of this degree. |
Completion of Associate Degree Concurrent with High School | Students who have successfully completed the appropriate courses and earned the Associate of Science or Associate of Arts & Sciences in Business Administration should enter VCU as juniors, prepared to enter the Advanced Business Program portion of this degree. |
| Credit for Prior Learning | VCU accepts a variety of types of credit for prior learning, including but not limited to Advanced Placement (AP), International Baccalaureate (IB), College Level Examination Program (CLEP), military experience, Cambridge, and industry certifications that are recommended for credit by the American Council on Education or the National College Credit Recommendation Service. |
| Did You Know That... |
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College Level Information
| College Fit Guidance | What You Need to Know |
|---|---|
| Is This College Right For Me? | VCU is a large, research-driven institution nestled on two campuses in downtown Richmond, Virginia, offering a vast array of degree programs from arts to dental hygiene to engineering to education. VCU students have access to hundreds of student organizations, which is a great way to connect with others whether or not you choose to live in one of our many on-campus residence halls. Take advantage of VCU's location with access to the James River and its park system, internship and job opportunities, community engagement, and interstates to travel to the beach, the mountains, and Washington, D.C.. |
| Transfer Student Catalog Year | Catalog year is determined by the student's first semester of degree-seeking attendance at VCU. |
| First Year Student Catalog Year | Catalog year is determined by the student's first semester of degree-seeking attendance at VCU. |
| Applying for Guaranteed Admissions | https://admissions.vcu.edu/apply-to-vcu/undergraduate/transfer/ |
Where Can This Degree Transfer
| Institution | Title | Degree | Award Name | Award Level | Delivery Mode |
|---|---|---|---|---|---|
| Bridgewater College | Business Administration Major - BA | Bachelor | Bachelor of Arts | 4-Year | In-Person |
| Randolph-Macon College | Business - Finance (BA) | Bachelor | Bachelor of Arts | 4-Year | In-Person |
| Randolph-Macon College | Business - Management (BA) | Bachelor | Bachelor of Arts | 4-Year | In-Person |
| Randolph-Macon College | Business - Marketing (BA) | Bachelor | Bachelor of Arts | 4-Year | In-Person |
Careers Where This Degree Applies
| O*Net Code | Name | Description | Parent |
|---|---|---|---|
| 13-2023.00 | Appraisers and Assessors of Real Estate | Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules. | Business and Financial Operations Occupations |
| 13-2022.00 | Appraisers of Personal and Business Property | Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land. | Business and Financial Operations Occupations |
| 11-9141.00 | Property, Real Estate, and Community Association Managers | Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way). | Management Occupations |
| 41-9021.00 | Real Estate Brokers | Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans. | Sales and Related Occupations |
| 41-9022.00 | Real Estate Sales Agents | Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer. | Sales and Related Occupations |
Cost To Complete