Undergraduate Students
Undergraduate Students: Career in Real Estate
A common misconception is that careers in real estate only involve selling houses. It is true that a substantial number of real estate industry participants devote their practice to the residential side of the business, but real estate training opens doors to an incredible variety of other career options, and presents many options to meet a wide range of people. Numerous opportunities exist for career development, progression, and promotion, and hard work is often recognized and rewarded. Transferrable skills also provide occasions to move into other fields and roles, while internationally recognized skills and qualifications provide opportunities to travel and work abroad.
To learn more about the opportunities in real estate, please review the information below or contact our Director.
Real estate offers a huge range of career options, whatever your personal area of
interest and experience, including:
Appraisal, agency, and building management
- Valuing for purchase, sale, lease, investment, mortgage, rating, insurance, compensation or taxation
- Negotiating for sale, purchase, lease or auction
- Managing and maintaining residential, commercial, educational, medical, institutional, hospitality, and industrial property
Estate and property management
- Auctioneering, rating, taxation, property investment, portfolio management and rent reviews
- Valuing for mortgages, rates, rents and inheritance tax
- Facilities management, covering tangible assets, support services and people
Planning
- All aspects of urban and rural planning
- Advising on economics, amenities, conservation and urban renewal schemes
- Working with planners to implement plans within a given timescale and budget Quantity surveying and cost management
Finance, investment, and development
- Advising on development, land purchase or compensation for compulsory purchase
- Financial aspects of real estate, including the sale, purchase and portfolio management of investment property and the financing of real estate projects
- Working with and understanding the roles of bankers, accountants, developers and major institutional investors in real estate
- Traditional quantity surveying, cost consultancy, project management, contractor surveying and facilities management
- Preparing feasibility estimates, contract documents and procurement strategies
- Cost planning and control from design to completion
- Identifying client objectives and translating them into a design brief while ensuring integration, monitoring and control of project contributors
Undergraduate Students: Study Real Estate at the Mitchell College of Business
Complete 200- & 300-Level Business Core courses
Complete the PREP Courses
Take the following six (6) courses: |
---|
ECO 315 Intermediate Microeconomics |
FIN 343 Money Markets & Financial Institutions |
FIN 344 Real Estate Principles |
FIN 444 Real Estate Valuation |
FIN 446 Real Estate Finance & Investments |
FIN 448 Real Estate Law |
and choose three (3) courses from the following: |
ECO 372 Economics of Urban Development |
FIN 345 Principles of Insurance |
FIN 350 Financial Statement Analysis |
FIN 420 Investments |
MGT 347 Franchising |
MKT 381 Sales Management & Personal Selling |
Complete Two additional electives |
Complete MGT 485 and 486 |
Consistent with the University’s priorities, the Mitchell College of Business offers a range of international study opportunities for its students in various regions of the world. Options include semester-long study abroad experiences in fall and spring semesters and shorter-term options, such as faculty-led short-term courses, usually offered in the Maymester or summer. For further details, please contact the MCOB Director of International Studies.
Undergraduate Students: Scholarships
The Aloyis Sonneborn Endowed Scholarship was established in May 2007 for the purpose
of providing financial assistance to a deserving student studying Real Estate within
the USA Mitchell College of Business. Applicants must have a minimum 3.0 GPA.
Preference shall be given to applicants with a favorable letter of recommendation from a member of the MCOB faculty. Preference shall also be given to applicants who have declared Real Estate as a major, plan to pursue Real Estate as a career, and has completed at least one Real Estate course.
To apply for this scholarship, please use the University's JagSPOT Portal
This scholarship was established in 2008 for the purpose of providing financial support to students in the Mitchell College of Business majoring in Real Estate with Real Estate as a career objective. They must have a minimum overall 2.75 GPA and have completed at least one Real Estate course. This scholarship was made possible by donations from Alton R. III and Toni G. Brown.
To apply for this scholarship, please use the University's JagSPOT Portal
The Pat and Aden "Jack" Cooper Endowed Scholarship was established in November 2016 by Berkshire Hathaway HomeServices Cooper & Co. Inc., REALTORS. The purpose of this scholarship is to provide an annual endowed tuition scholarship for a rising Junior or Senior majoring in the Mitchell College of Business with a concentration in Real Estate. Applicants must have a minimum 3.0 GPA and be a resident of Mobile or Baldwin County in Alabama.
A student who has previously been awarded this scholarship shall be *ineligible* in the following years.
To apply for this scholarship, please use the University's JagSPOT Portal
The White-Spunner & Associates Inc. Endowed Scholarship in Real Estate was established in 2007 for the purpose of providing financial assistance to a deserving full-time sophomore, junior, or senior level student majoring in Real Estate within the USA Mitchell College of Business. Applicants must have a minimum 3.0 GPA.
To apply for this scholarship, please use the University's JagSPOT Portal