The real estate valuation concentration is one of only eight
programs in the nation that satisfies the rigorous educational
requirements of the Appraisal Institute's MAI designation. Students
can satisfy most of the Appraisal Institute's education requirements
by completing the concentration. This concentration emphasizes
real estate valuation while providing comprehensive education
in related disciplines so that graduates' analytical skills and
abilities to communicate with other professionals are greatly
enhanced. Whenever possible, students will be placed in interns
with MAIs.
Curriculum:
Prerequisite Courses - Students must complete the following three
courses prior to beginning graduate courses in real estate.
FIRE 425 Real Estate Appraisal
FIRE 431 Advanced Real Estate Appraisal
MGMT 212 or MGMT 500 Calculus
Foundation Courses - Students must complete up to 6 courses
(0 to 18hours) of work from the following list. At the time of
application, all undergraduate and graduate transcripts will be
reviewed to determine if the following courses may be waived.
Waivers of foundation courses only occur when a student has completed
the required undergraduate equivalent courses with at least a
"C" grade.
ACCT 507 Fundamentals of Accounting
FIRE 520 Financial Concepts of Management
MGMT 524 Statistical Elements of Quantitative Management
MRBL 530 Fundamentals of the Legal Environment of Business
MRBL 570 Concepts and Issues in Marketing
ECON 500 Concepts in Economics
Required Core Courses - Students must complete the following
10 courses (30 credit hours).
FIRE 623 Financial Management
FIRE 627 Urban Land Development
FIRE 628 Cases in Real Estate Valuation
FIRE 629 Real Estate Investment Analysis
MGMT 632 Statistical Analysis
FIRE 638 Real Property Investment Law
FIRE 658 Commercial Mortgage Lending
MRBL 673 Marketing Research
FIRE 697 Guided Study-Real Estate
ECON 617 Financial Markets
** FIRE 697 is a supervised research course that involves the
preparation of a narrative income-property appraisal report. It
must
be taken after FIRE 628.
