Real Estate Management and Development

Major: Real Estate Management and Development
Degree Awarded: Bachelor of Science in Business Administration (BSBA)
Calendar Type: Quarter
Total Credit Hours: 180.0
Co-op Options: Three Co-op (Five years); One Co-op (Four years); No Co-op (Four years)
Classification of Instructional Programs (CIP) code: 52.1501
Standard Occupational Classification (SOC) code: 11-9141

About the Program

This program focuses on the business aspects of real estate operations, management, and development. Students will learn to apply critical decision-making skills in courses in real estate finance, asset management, law, and sustainability. The program provides significant exposure to Philadelphia’s diverse real estate market and interaction with industry professionals.

Degree Requirements

Bachelor of Science in Business Administration (BSBA) Degree Requirements
General Education Requirements
CIVC 101Introduction to Civic Engagement1.0
COM 270 [WI] Business Communication3.0
COOP 101Career Management and Professional Development1.0
ENGL 101Composition and Rhetoric I: Inquiry and Exploratory Research3.0
or ENGL 111 English Composition I
ENGL 102Composition and Rhetoric II: Advanced Research and Evidence-Based Writing3.0
or ENGL 112 English Composition II
ENGL 103Composition and Rhetoric III: Themes and Genres3.0
or ENGL 113 English Composition III
MATH 101Introduction to Analysis I4.0
MATH 102Introduction to Analysis II4.0
PHIL 105Critical Reasoning3.0
PSY 101General Psychology I3.0
UNIV B101The Drexel Experience1.0
UNIV B201 [WI] Career Management1.0
English literature elective ENGL 200 through ENGL 3993.0
Fine Arts elective3.0
History (HIST) elective4.0
Select two of the following: 6.0
Applied Cells, Genetics & Physiology
Applied Biological Diversity, Ecology & Evolution
Applied Chemistry
Applied Physics
General Education Electives
Students select (16.0) credits of general education electives, with a minimum of one course in each of the following three categories. Students take the remaining 7.0 credits from any of the topics listed under Additional General Education Electives
Society and Culture
Communication, English, Fine Arts, Global Studies, Language or Philosophy3.0
Social Science
Anthropology, History, Sociology, Political Science, Psychology3.0
Science
Computer Science, Information Systems, Science3.0
Additional General Education Electives
Seven (7.0) credits must be earned by taking courses from the following topics: Communication, English, Fine Arts, Global Studies, Language, Philosophy, Anthropology, History, Sociology, Political Science, Psychology, Computer Science, Information Systems, Math, Science 7.0
Business Requirements
ACCT 115Financial Accounting Foundations4.0
ACCT 116Managerial Accounting Foundations4.0
BLAW 201Business Law I4.0
BUSN 101Foundations of Business I4.0
BUSN 102Foundations of Business II4.0
BSAN 160Business Analytics and Data Visualization4.0
ECON 201Principles of Microeconomics4.0
ECON 202Principles of Macroeconomics4.0
FIN 301Introduction to Finance4.0
INTB 200International Business4.0
MGMT 450Strategy and Competitive Advantage4.0
MIS 200Management Information Systems4.0
MKTG 201Introduction to Marketing Management4.0
OPM 200Operations Management4.0
ORGB 300 [WI] Organizational Behavior4.0
STAT 201Introduction to Business Statistics4.0
Select one of the following: 4.0
Introduction to Entrepreneurship
For-Profit Business Consulting
Nonprofit Business Consulting
Startup Business Consulting
International Business Consulting
Negotiations and Conflict Resolution
Sport Business Consulting
Business Statistics II
Free Electives 18.0
Real Estate Management & Development (REMD) Major Courses
BLAW 330Real Estate Law 4.0
MGMT 210Research Methods I2.0
MGMT 211Research Methods II2.0
REMD 110Introduction to Real Estate Management4.0
REMD 320Sustainability in the Built Environment4.0
REMD 375Real Estate Finance4.0
REMD 410Real Estate Investment and Asset Management4.0
REMD 491Senior Capstone in Real Estate Management & Development4.0
REMD T480Special Topics in REMD4.0
Total Credits180.0

Writing-Intensive Course Requirements

In order to graduate, all students must pass three writing-intensive courses after their freshman year. Two writing-intensive courses must be in a student's major. The third can be in any discipline. Students are advised to take one writing-intensive class each year, beginning with the sophomore year, and to avoid “clustering” these courses near the end of their matriculation. Transfer students need to meet with an academic advisor to review the number of writing-intensive courses required to graduate.

A "WI" next to a course in this catalog may indicate that this course can fulfill a writing-intensive requirement. For the most up-to-date list of writing-intensive courses being offered, students should check the Writing Intensive Course List at the University Writing Program. Students scheduling their courses can also conduct a search for courses with the attribute "WI" to bring up a list of all writing-intensive courses available that term.

Sample Plan of Study

4 year, no co-op

First Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BUSN 1014.0BUSN 1024.0ACCT 1154.0VACATION
ECON 2014.0CIVC 1011.0BSAN 1604.0 
ENGL 101 or 1113.0ECON 2024.0ENGL 103 or 1133.0 
MATH 1014.0ENGL 102 or 1123.0PSY 1013.0 
UNIV B1011.0MATH 1024.0Society and Culture elective3.0 
 16 16 17 0
Second Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
ACCT 1164.0BLAW 2014.0ENGL 200 - ENGL 3993.0VACATION
STAT 2014.0COM 2703.0FIN 3014.0 
History (HIST) elective4.0INTB 2004.0MKTG 2014.0 
Select one of the following:3.0Select one of the following:3.0ORGB 3004.0 
  
  
  
 15 14 15 0
Third Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BLAW 3304.0PHIL 1053.0REMD 3754.0VACATION
MIS 2004.0REMD T4804.0General Education elective4.0 
OPM 2004.0REMD 3204.0Free electives6.0 
REMD 1104.0Select one of the following:4.0  
   
   
   
   
   
   
   
   
 16 15 14 0
Fourth Year
FallCreditsWinterCreditsSpringCredits 
REMD 4104.0MGMT 2102.0UNIV B2011.0 
REMD 4914.0MGMT 2112.0Free electives12.0 
Fine Arts elective3.0MGMT 4504.0  
Science elective3.0General Education elective4.0  
 Social Science elective3.0  
 14 15 13 
Total Credits 180

 4 year, 1 co-op (Fall/Winter)

First Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BUSN 1014.0BUSN 1024.0ACCT 1154.0VACATION
ECON 2014.0CIVC 1011.0BSAN 1604.0 
ENGL 101 or 1113.0COOP 101*1.0ENGL 103 or 1133.0 
MATH 1014.0ECON 2024.0PSY 1013.0 
UNIV B1011.0ENGL 102 or 1123.0Society and Culture elective3.0 
 MATH 1024.0  
 16 17 17 0
Second Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
ACCT 1164.0BLAW 2014.0ENGL 200 - ENGL 399 course3.0BLAW 3304.0
STAT 2014.0COM 2703.0FIN 3014.0MIS 2004.0
History (HIST) elective4.0INTB 2004.0MKTG 2014.0OPM 2004.0
Select one of the following:3.0Select one of the following:3.0ORGB 3004.0REMD 1104.0
  
  
  
 15 14 15 16
Third Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
COOP EXPERIENCECOOP EXPERIENCEPHIL 1053.0REMD 3754.0
  REMD 3204.0General Education elective4.0
  REMD T4804.0Free electives6.0
  Select one of the following:4.0 
   
   
   
   
   
   
   
   
 0 0 15 14
Fourth Year
FallCreditsWinterCreditsSpringCredits 
REMD 4104.0MGMT 2102.0UNIV B2011.0 
REMD 4914.0MGMT 2112.0Free electives12.0 
Fine Arts elective3.0MGMT 4504.0  
Science elective3.0General Education elective3.0  
 Social Science elective3.0  
 14 14 13 
Total Credits 180

4 year, 1 co-op (Spring/Summer)

First Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BUSN 1014.0BUSN 1024.0ACCT 1154.0VACATION
ECON 2014.0CIVC 1011.0BSAN 1604.0 
ENGL 101 or 1113.0ECON 2024.0COOP 101*1.0 
MATH 1014.0ENGL 102 or 1123.0ENGL 103 or 1133.0 
UNIV B1011.0MATH 1024.0PSY 1013.0 
  Society and Culture elective3.0 
 16 16 18 0
Second Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
ACCT 1164.0BLAW 2014.0ENGL 200 - ENGL 39 course3.0BLAW 3304.0
STAT 2014.0COM 2703.0FIN 3014.0MIS 2004.0
History (HIST) elective4.0INTB 2004.0MKTG 2014.0OPM 2004.0
Select one of the following:3.0Select one of the following:3.0ORGB 3004.0REMD 1104.0
  
  
  
 15 14 15 16
Third Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
PHIL 1053.0REMD 3754.0COOP EXPERIENCECOOP EXPERIENCE
REMD 3204.0General Education elective4.0  
REMD T4804.0Free electives6.0  
Select one of the following:4.0   
   
   
   
   
   
   
   
   
 15 14 0 0
Fourth Year
FallCreditsWinterCreditsSpringCredits 
REMD 4104.0MGMT 2102.0UNIV B2011.0 
REMD 4914.0MGMT 2112.0Free electives12.0 
Fine Arts elective3.0MGMT 4504.0  
Science elective3.0General Education elective3.0  
 Social Science elective3.0  
 14 14 13 
Total Credits 180

5 year, 3 co-op (Fall/Winter)

First Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BUSN 1014.0BUSN 1024.0ACCT 1154.0VACATION
ECON 2014.0CIVC 1011.0BSAN 1604.0 
ENGL 101 or 1113.0COOP 101*1.0ENGL 103 or 1133.0 
MATH 1014.0ECON 2024.0PSY 1013.0 
UNIV B1011.0ENGL 102 or 1123.0Society and Culture elective3.0 
 MATH 1024.0  
 16 17 17 0
Second Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
COOP EXPERIENCECOOP EXPERIENCEACCT 1164.0BLAW 2014.0
  STAT 2014.0COM 2703.0
  History (HIST) elective4.0INTB 2004.0
  Select one of the following:3.0Select one of the following:3.0
  
  
  
 0 0 15 14
Third Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
COOP EXPERIENCECOOP EXPERIENCEENGL 200 - ENGL 399 course3.0BLAW 3304.0
  FIN 3014.0MIS 2004.0
  MKTG 2014.0OPM 2004.0
  ORGB 3004.0REMD 1104.0
 0 0 15 16
Fourth Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
COOP EXPERIENCECOOP EXPERIENCEPHIL 1053.0REMD 3754.0
  REMD 3204.0General Education elective4.0
  REMD T4804.0Free electives6.0
  Select one of the following:4.0 
   
   
   
   
   
   
   
   
 0 0 15 14
Fifth Year
FallCreditsWinterCreditsSpringCredits 
REMD 4104.0MGMT 2102.0UNIV B2011.0 
REMD 4914.0MGMT 2112.0Free electives12.0 
Fine Arts elective3.0MGMT 4504.0  
Science elective3.0General Education elective3.0  
 Social Science elective3.0  
 14 14 13 
Total Credits 180

5th year, 3 co-op (Spring/Summer)

First Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BUSN 1014.0BUSN 1024.0ACCT 1154.0VACATION
ECON 2014.0CIVC 1011.0BSAN 1604.0 
ENGL 101 or 1113.0ECON 2024.0COOP 101*1.0 
MATH 1014.0ENGL 102 or 1123.0ENGL 103 or 1133.0 
UNIV B1011.0MATH 1024.0PSY 1013.0 
  Society and Culture elective3.0 
 16 16 18 0
Second Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
ACCT 1164.0BLAW 2014.0COOP EXPERIENCECOOP EXPERIENCE
STAT 2014.0COM 2703.0  
History (HIST) elective4.0INTB 2004.0  
Select one of the following:3.0Select one of the following:3.0  
  
  
  
 15 14 0 0
Third Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
ENGL 200 - ENGL 399 course3.0BLAW 3304.0COOP EXPERIENCECOOP EXPERIENCE
FIN 3014.0MIS 2004.0  
MKTG 2014.0OPM 2004.0  
ORGB 3004.0REMD 1104.0  
 15 16 0 0
Fourth Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
PHIL 1053.0REMD 3754.0COOP EXPERIENCECOOP EXPERIENCE
REMD 3204.0General Education elective4.0  
REMD T4804.0Free electives6.0  
Select one of the following:4.0   
   
   
   
   
   
   
   
   
 15 14 0 0
Fifth Year
FallCreditsWinterCreditsSpringCredits 
REMD 4104.0MGMT 2102.0UNIV B2011.0 
REMD 4914.0MGMT 2112.0Free electives12.0 
Fine Arts elective3.0MGMT 4504.0  
Science elective3.0General Education elective3.0  
 Social Science elective3.0  
 14 14 13 
Total Credits 180

Co-Op/Career Opportunities

The real estate management and development program at Drexel prepares students for careers in property development and management, real estate valuation and sales, and commercial lending.

Finance Faculty

David A. Becher, PhD (Pennsylvania State University) Department of Finance. Professor. Mergers and acquisitions, corporate governance, financial institutions.
Jie Cai, PhD (University of Iowa) Department of Finance. Associate Professor. Investment banking, mergers and acquisitions, corporate finance and corporate governance.
Thomas Chi-Nan Chiang, PhD (The Pennsylvania State University) Marshall M. Austin Professor of Finance. Professor. International finance; time series analysis of financial data; econometric modeling & forecasting; financial markets; international risk management; monetary theory; macroeconomics; emerging markets; and global country funds.
Naveen Daniel, PhD (Arizona State University). Associate Professor. Corporate governance, mutual funds, hedge funds.
Daniel Dorn, PhD (Columbia University) Department of Finance. Associate Professor. Capital markets and investments; behavioral finance.
Eliezer M. Fich, PhD (New York University) Department of Finance. Professor. Empirical topics in corporate finance.
Michael Gombola, PhD (University of South Carolina) Department Chair, Finance. Professor. Stock offerings and repurchases, mergers, acquisitions, and restructuring; working capital management, time series analysis; options and derivatives, financial statement analysis.
Joseph Kalmenovitz, PhD (New York University). Assistant Professor. Financial regulation; corporate finance; law and economics; labor.
Amy Kratchman, MBA (Drexel University). Associate Clinical Professor. Investments; Portfolio Management
Michelle Lowry, PhD (University of Rochester) TD Bank Endowed Professor. Professor. Empirical corporate finance, including initial public offerings, mergers, and corporate governance
Edward Nelling, PhD, CFA (University of Pennsylvania-Wharton) Department Head. Professor. Investments; corporate finance; real estate finance.
Gregory Nini, PhD (The Wharton School, University of Pennsylvania). Assistant Professor. Creditor control rights, corporate governance, and firm value; insurance economics.
Patricia Robak, PhD (Lehigh University) Department of Finance. Clinical Professor. Investments, money and banking, international finance.
Diana Sandberg, MS (Drexel University). Associate Clinical Professor. Portfolio management, derivatives, investment management.
Bradford Sodowick, MBA, MD (University of Pennsylvania). Assistant Clinical Professor. Corporate finance, healthcare finance.
Samuel H. Szewczyk, PhD (Pennsylvania State University). Associate Professor. Corporate governance, mergers and acquisitions, financial engineering, investment banking, financial institutions.
George Tsetsekos, PhD (The University of Tennessee) Dean Emeritus, LeBow College of Business; Francis Professor of Finance. Professor. Valuation and corporate restructuring, treasury and risk/hedging operations, investment banking, securitization, emerging capital markets, multinational finance, bank asset-liability management.

Emeritus Faculty

Ralph Walkling, PhD (University of Maryland) Stratakis Professor of Corporate Governance, Department of Finance. Professor Emeritus. Corporate governance, mergers and acquisitions.
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