The real estate program at Whitman, recently ranked #7 in the country by College Factual, provides budding professionals with the skills necessary to succeed in this competitive and challenging industry. Students can prepare for a career as a real estate broker and agent, or develop specialized skills in the analysis of real estate decisions, investments and management that will be helpful in many businesses in the financial sector.
In addition to the comprehensive business education provided in Whitman’s core curriculum, real estate majors are required to take a set of courses that provide fundamental industry skills. Real estate majors can also choose from a set of electives that includes courses in real estate development, capital markets, and other topics that vary by semester. Required courses for the major are:
- RES 431 – Real Estate Principles
- RES 462 – Real Estate Finance and Investment
- RES 442 – Real Estate Development
- RES electives (6)
Many real estate majors participate in the Real Estate Club, which is one of the fastest-growing student groups on campus. Students can participate in Excel and ARGUS training and learn other skills relevant to their careers. The club frequently hosts guest speakers to speak on current topics in real estate, including architecture, construction, development, finance, law, management and sales. Additionally, the James D. Kuhn Real Estate Center frequently sponsors events and speakers specifically targeted to real estate majors, including networking events with many prominent Whitman alumni working in real estate.
At Whitman, real estate majors can pursue a dual degree with the School of Information Studies or the S.I. Newhouse School of Public Communications. Real estate majors may also pursue a second major in the College of Arts & Sciences, such as economics or public policy. Many real estate majors also opt for a secondary Whitman major, such as finance or accounting.
In 2014, the average base salary for Whitman real estate graduates was $60,000. The Bureau of Labor Statistics predicts job growth of 3 percent in the real estate industry over the next 10 years, and with the unemployment rate for real estate agents at just 2.4 percent, the job outlook is positive for students graduating with a real estate degree.
Many real estate majors choose to work as brokers or agents for homebuyers, but real estate majors can find employment in many different businesses and industries. Graduates can work as lending officers and mortgage analysts for financial institutions, real estate appraisers, property and asset managers, investment counselors, developers, corporate real estate managers and more.
At Whitman, our real estate graduates have gone on to many of these careers. Our alumni can be found at a variety of companies, including Barclays, CBRE, Cohen Financial, FTI Consulting, Healthcare Real Estate Capital, Horn Companies, Jones Lang LaSalle, Marcus & Millichap, Moody’s, Newmark Grubb Knight Frank and Silverstein Properties.
Meet a Real Estate Major
Meet some of our students and alumni in the real estate program:
To learn more, visit our website and find out what a real estate major can do for you!