2021-23

Motion Introduced by:  Curriculum and Academic Programs Committee

Date of First Reading:    February 1, 2021

Date of Second Reading: March 1, 2021

Title of Motion: Request from the W.P. Carey School of Business – WPC Graduate Programs – for the establishment of a graduate certificate – Real Estate

Action Requested: This curricular proposal has received all college, school, unit and university administrative approvals, and is being presented to the Senate for review and voting decision.   

Rationale: The Real Estate Certificate encompasses the foundational courses in real estate education including valuation, investment, finance, law and development. The certificate is intended to supplement students’ major area of study and provide the understanding necessary for critical thinking and application within the field of real estate. This certificate will not apply to any outside licensing programs. The curriculum includes an applied experience that partners classroom knowledge with experiential learning to further develop the requisite skills students need to succeed as real estate professionals in the built environment.

 Real estate is an industry that includes many disciplines. These other fields, such as architecture, landscape architecture, planning, urban design, geography, civil engineering, construction management and law. Despite these disciplines needing knowledge on real estate, students have limited access to a comprehensive education about the subject. There is a growing demand for employees with commercial real estate degrees or a business degree with an emphasis on real estate.