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
Drexel’s Real Estate Management and Development major encompasses foundation courses in real estate operations, management and development, including specialized courses in sustainability, asset management, real finance, and law. The major balances students’ need for critical thinking and business acumen skills by including core business, social sciences, and humanities courses. Students in this full-time, face-to-face major will benefit from Philadelphia’s outdoor classroom – its diverse real estate market. The curriculum also includes a six-month co-op experience that partners classroom knowledge with experiential learning to further develop the requisite skills students need to succeed as real estate management and development professionals in the built environment.
Degree Requirements
| Real Estate Management & Development (REMD) Major Courses | ||
| BLAW 330 | Real Estate | 4.0 |
| ENSS 325 | Introduction to Urban and Environmental Planning | 4.0 |
| REMD 110 | Introduction to Real Estate Management | 4.0 |
| REMD 320 | Sustainability in the Built Environment | 4.0 |
| REMD 375 | Real Estate Finance | 4.0 |
| REMD 410 | Real Estate Investment and Asset Management | 4.0 |
| REMD 491 | Senior Capstone in Real Estate Management & Development | 4.0 |
| SOC 250 | Research Methods I | 4.0 |
| Total Credits | 32.0 | |
Sample Plan of Study
| Term 1 | Credits | |
|---|---|---|
| BUSN 101 | Foundations of Business I | 4.0 |
| ECON 201 | Principles of Microeconomics | 4.0 |
| ENGL 101 | Composition and Rhetoric I: Inquiry and Exploratory Research | 3.0 |
| MATH 101 | Introduction to Analysis I | 4.0 |
| UNIV B101 [WI] | The Drexel Experience | 1.0 |
| Term Credits | 16.0 | |
| Term 2 | ||
| BUSN 102 | Foundations of Business II | 4.0 |
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ENGL 102 | Composition and Rhetoric II: Advanced Research and Evidence-Based Writing | 3.0 |
| MATH 102 | Introduction to Analysis II | 4.0 |
| Term Credits | 15.0 | |
| Term 3 | ||
| ACCT 115 | Financial Accounting Foundations | 4.0 |
| CIVC 101 | Introduction to Civic Engagement | 1.0 |
| ENGL 103 | Composition and Rhetoric III: Themes and Genres | 3.0 |
| PSY 101 | General Psychology I | 3.0 |
| General Education elective | 3.0 | |
| Society and Culture elective | 3.0 | |
| Term Credits | 17.0 | |
| Term 4 | ||
| ACCT 116 | Managerial Accounting Foundations | 4.0 |
| BIO 101, 101, CHEM 151, or PHYS 151 | Applied Biological Diversity, Ecology & Evolution Applied Biological Diversity, Ecology & Evolution Applied Chemistry Applied Physics | 3.0 |
| STAT 201 | Introduction to Business Statistics | 4.0 |
| History elective | 4.0 | |
| Term Credits | 15.0 | |
| Term 5 | ||
| BIO 100, 101, CHEM 151, or PHYS 151 | Applied Cells, Genetics & Physiology Applied Biological Diversity, Ecology & Evolution Applied Chemistry Applied Physics | 3.0 |
| BLAW 201 | Business Law I | 4.0 |
| COM 270 [WI] | Business Communication | 3.0 |
| INTB 200 | International Business | 4.0 |
| Term Credits | 14.0 | |
| Term 6 | ||
| ENGL 200 - ENGL 399 | 3.0 | |
| FIN 301 | Introduction to Finance | 4.0 |
| MKTG 201 | Introduction to Marketing Management | 4.0 |
| ORGB 300 [WI] | Organizational Behavior | 4.0 |
| Term Credits | 15.0 | |
| Term 7 | ||
| BLAW 330 | Real Estate | 4.0 |
| MIS 200 | Management Information Systems | 4.0 |
| OPM 200 | Operations Management | 4.0 |
| REMD 110 | Introduction to Real Estate Management | 4.0 |
| Term Credits | 16.0 | |
| Term 8 | ||
| ENSS 325 | Introduction to Urban and Environmental Planning | 4.0 |
| MGMT 260, 370, 371, 451, or STAT 202 | Introduction to Entrepreneurship Business Consulting Business Consulting for Nonprofits Management Simulation Business Statistics II | 4.0 |
| PHIL 105 | Critical Reasoning | 3.0 |
| REMD 320 | Sustainability in the Built Environment | 4.0 |
| Term Credits | 15.0 | |
| Term 9 | ||
| REMD 375 | Real Estate Finance | 4.0 |
| General Education Elective | 3.0 | |
| Free electives | 6.0 | |
| Term Credits | 13.0 | |
| Term 10 | ||
| REMD 410 | Real Estate Investment and Asset Management | 4.0 |
| REMD 491 | Senior Capstone in Real Estate Management & Development | 4.0 |
| General Education elective | 3.0 | |
| Free electives | 6.0 | |
| Term Credits | 17.0 | |
| Term 11 | ||
| MGMT 450 | Strategy and Competitive Advantage | 4.0 |
| SOC 250 | Research Methods I | 4.0 |
| UNIV B201 | Career Management | 1.0 |
| General Education elective | 3.0 | |
| Free elective | 3.0 | |
| Term Credits | 15.0 | |
| Term 12 | ||
| Free electives | 9.0 | |
| General ellective | 3.0 | |
| Term Credits | 12.0 | |
| Total Credit: 180.0 | ||
About the Minor
A minor in Real Estate Management & Development (REMD) is designed to prepare students to engage, analyze, and synthesize investment real estate property portfolios from a comprehensive operational perspective. Students who successfully complete the REMD Minor will be able to approach the built environment with a holistic view. The REMD Minor is open to all undergraduate students across the University.
Program Requirements
| REQUIRED COURSES | ||
| BLAW 330 | Real Estate | 4.0 |
| FIN 301 | Introduction to Finance | 4.0 |
| REMD 110 | Introduction to Real Estate Management | 4.0 |
| REMD 320 | Sustainability in the Built Environment | 4.0 |
| REMD 375 | Real Estate Finance | 4.0 |
| REMD 410 | Real Estate Investment and Asset Management | 4.0 |
| Total Credits | 24.0 | |
Finance Faculty
David A. Becher, PhD (Pennsylvania State University) Department of Finance. Associate Professor. Mergers and acquisitions, corporate governance, financial institutions.
Erik Benrud, PhD, FRM, CAIA, CFA (University of Virginia) Department of Finance. Clinical Professor. Economics/managerial economics: game theory; finance: alternative investments, derivatives.
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.
Casey Dougal, PhD (University of North Carolina, Chapel Hill). Assistant Professor. Empirical asset pricing, financial media, behavioral finance, and urban economics.
Eliezer M. Fich, PhD (New York University) Department of Finance. Associate Professor. Empirical topics in corporate finance.
Michael Joseph 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.
Jennifer Juergens, PhD (Pennsylvania State University). Assistant Professor. Corporate Control and Mergers and Acquisitions; Corporate Governance; Executive Compensation; Investments; Securities Analysts
Amy Kratchman, MBA (Drexel University). Associate Clinical Professor. Investments; Portfolio Management
Michelle Lowry, PhD (University of Rochester) TD Bank Endowed Professor. Empirical corporate finance, including initial public offerings, mergers, and corporate governance
Edward Nelling, PhD, CFA (University of Pennsylvania-Wharton) Department of Finance. 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. Associate Clinical Professor. Investments, money and banking, international finance.
John Robinson, PhD (Arizona State University). Assistant Clinical Professor. Board of Directors; Capital Structure; Executive Compensation
Diana Sandberg, MS (Drexel University) Department of Finance. Associate Clinical Professor. Portfolio management, derivatives, investment management.
Samuel H. Szewczyk, PhD (Pennsylvania State University) Department of Finance. 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.
Ralph Walkling, PhD (University of Maryland) Stratakis Professor of Corporate Governance, Department of Finance. Professor. Corporate governance, mergers and acquisitions.
