Manhattan College is located in the Riverdale section of the Bronx, allowing students prime access to relevant internships and career opportunities in this bustling real estate market.
Charting a course for successful careers in real estate
The O'Malley School's website states that the real estate minor was created to provide students with "the strategic, analytical, and experiential tools to work in the fast-paced, ever-evolving world of real estate."
Students who opt to add the real estate minor to their courses of study will obtain skills in all aspects of real estate, including design and planning, construction management, financial structuring, valuation, fundraising, sales, and environmental impact. Graduates of the program will be well prepared to pursue careers in property acquisitions and development, asset management, financial analysis, and property management.
Program director Richard Ross says that the student response has been enthusiastic, particularly for the Real Estate Development class. Outside of the classroom, students will have the opportunity to network with alumni who work in the business. "Being able to tap into the support of Manhattan College alumni who have been successful in real estate is a distinct advantage," says Ross.
Manhattan College joins a growing list of colleges and universities that offer an undergraduate real estate program, be it a major, minor, or certificate program. Fordham University and New York University are among the school's nearby competitors for educating the next generation of real estate professionals.
What it means for current and future investors
It's always a good thing when colleges and universities have an eye toward current market trends, and real estate continues to be a hot commodity. It's clear that Manhattan College sees big opportunities in the real estate world -- especially right in its own city -- to make this investment in its students with this new curriculum. Students will not have to stray far from campus to find some of the biggest, most lucrative opportunities in the business.
The Millionacres bottom line
It is encouraging to see more college programs focus on real estate because it indicates an optimistic outlook on the field's growth. While a college degree is not necessary to own or invest in property, a concentrated education in real estate will always be recognized as a valuable asset.