How does a finance degree help with a career in real estate?

Prepwise AnswersCategory: Finance CareersHow does a finance degree help with a career in real estate?
Greston Wise Staff asked 8 years ago
1 Answers
Greston Wise Staff answered 8 years ago

Degree programs in real estate sales, appraisal and finance can prepare students for careers in real estate sales, property management, appraisal or financial advising. Students who pursue additional training may also be able to teach others, either in vocational schools or at the university level. Students can earn associate’s, bachelor’s, master’s and doctoral degrees in real estate and finance at many colleges and universities. Appraisal-specific programs can be more difficult to find, but many real estate curriculums include courses in appraisal and valuation methods. Many schools now offer an MBA program with a concentration in real estate or finance, or a master’s degree program specifically in finance, real estate or real estate development. Doctoral students may choose to concentrate their research on real estate while studying in a related discipline, such as urban planning or economics, or may decide to enter a dedicated Ph.D. program in real estate. Students with training in real estate sales, appraisal, or financing become key players in the transfer of real estate from one party to another. Since there are many players in this type of transactional, students have a wide range of options available to them. A student might become a real estate salesperson or broker who matches buyers and sellers according to their needs. Students interested in the rental market can become property managers who supervise and maintain properties. Students interested in property valuation can choose to become appraisers who insure that buyers and sellers are getting fair market value for their properties. Those interested in the financial side of the transaction can become financial advisors who match buyers with lenders in order to make real estate affordable. Students may also choose to become a real estate instructor to help others in obtaining licensure.