Real estate is a major investment vehicle as well as a vital
resource in the economy. The real estate concentration prepares
students wishing to enter one of the many professional fields in real
estate, including investment analysis, consulting, financing,
brokerage, appraisal, development, and corporate asset management. The
concentration provides students the opportunity to learn the general
principles necessary for effective real estate decision-making and how
the real estate property and financial markets operate. The program
provides students the flexibility to focus on areas of individual
interest.
The concentration includes courses that cover real estate market
analysis and information technology, valuation and appraisal theory,
investment and portfolio management, mortgage financing and the
analysis of mortgage-backed securities. All courses study how
technology and the capital markets influence real estate markets and
real estate decision-making.
Faculty from UConn’s nationally renowned Center for Real Estate and
Urban Economic Studies teach the real estate courses. Classes are
offered on the Hartford and Stamford campuses.
Courses:
The Internet and Information Systems Applied to Real Estate
Prerequisite: None.
Specialized information technology is now available for all segments of the real
estate industry. For example, investment firms are particularly
interested in information technology that helps them monitor,
understand and manage risks associated with mortgage-backed securities.
Database management systems and geographic information systems (GIS)
give the decision-maker unprecedented power to manage data and analyze
risks. The Internet opens up vast new sources of timely information.
This course stresses the use of GIS and the internet. Students will
gain hands-on experience with these tools through projects that are
organized around business problems.
Real Estate Capital Markets
Prerequisite: FNCE 5101 or consent of instructor
This course covers the structure and operation of the mortgage market.
Topics include the identification, measurement and management of risk
from the perspective of borrower, lender and investor. The course
stresses the integration of the real estate debt markets with the
global capital market, and considers the role and impact of
mortgage-backed securities for residential and commercial real estate
lending.
Real Estate Investment and Portfolio Management
Prerequisite: FNCE 5101 or consent of instructor
This course provides an overview of real estate investment decision-making.
Topics include: risk-return analysis of alternative types of real
estate investments; leases, operating costs, and tax consequences;
valuation techniques, including discounted cash flow and option
pricing; real estate portfolio management; and alternative forms of
equity securitization such as real estate investment trusts.
Independent Study in Finance or Real Estate
Prerequisite: FNCE 5101 or consent of instructor
MBA students can take up to six credits of Independent Study.
Independent Studies can be pursued in any area of interest to the
student. A proposal for Independent Study must be submitted for
approval by a faculty advisor, the department head and the MBA Program
Director.
Real Estate: A Personal Investment Perspective
Prerequisite: None, not available for credit for fulltime program.
Real estate is a major component of household wealth. Important household
decisions include, for example, where to buy a house; renting versus
owning a home; choosing between alternative mortgage instruments;
understanding the house purchase transactions and the risks and returns
of real estate investing. This course surveys the fundamentals of real
estate from a personal investment perspective.
