Requirements
This minor requires a minimum of 15 credits in addition to prerequisites, with 10 out of the 15 credits being upper-level courses. Please note that course titles, listings and availability varies semester to semester. It is important to check course catalogs for each semester.
Prerequisites: See course listing below
Students must complete at least one course in economics at the University of Michigan or obtain a waiver from their home unit due to previous courses or mastery of the subject.
| Course # | Program | Title | Credit Hours | Department/School |
|---|---|---|---|---|
| 101 | ECON | Principles of Economics | 4 | LSA |
| 102 | ECON | Principles of Economics | 4 | LSA |
| 401 | ECON | Intermediate Microeconomic Theory | 4 | LSA |
| 251 | ECON | Introduction to Statistics and Economics | 4 | LSA |
Foundational Courses: 6 credits
Foundational courses introduce students to the field of real estate and cities to ground future work with an understanding of market mechanisms. Students are required to take URP 390 and have the option of taking either FIN 300 or FIN 302 to satisfy the foundational requirements.
A financial management course provides a foundational understanding of rational decision-making using financial analysis and the ability to apply that framework to make investment decisions, allocate capital within an organization or firm, and assess risk.
The core course in Real Estate Development and Design is required, and provides the knowledge to understand real estate finance, underwriting, operations and management and the tools to be effective in shaping the built environment.
| Course # | Program | Title | Credit Hours | Department/School |
|---|---|---|---|---|
| 300 | FIN | Financial Management (BBA majors only) | 3 | ROSS |
| 302 | FIN | Making Financial Decisions (non-Ross students only) | 3 | ROSS |
| 390 | URP | Real Estate Design and Development Fundamentals | 3 | TAUBMAN |
Electives: A minimum of 9 credits (no more than one course below 300 level)
Electives to complete the minor cover a range of disciplines to allow you to craft a course of study that fits your interests. From kinesiology to business to anthropology, courses can be selected that assist in preparing you to be effective in a range of fields. Note that elective courses change from semester to semester so it is important to check the course catalog for the term and availability of classes.
| Course | Title | Credits | Department/School | Fall 2024 | Winter 2024 |
|---|---|---|---|---|---|
| AAS 408 | African Economics: Social and Political Settings | 2-4 | LSA | No | No |
| AAS 426 | Cities in Contemporary Africa | 3 | LSA | No | Yes |
| ALA 223 | Entrpreneurial Creativity | 3 | LSA | Yes | Yes |
| ARCH 215 | Architecture in Capitalism | 4 | Taubman | No | No |
| ARCH 357 | Architecture, Sustainability, and the City | 3 | Taubman | No | No |
| ARCH 409 | Egalitarian Methods | 3 | Taubman | No | No |
| ARCH 423 | Introduction to Urban and Environmental Planning | 3 | Taubman | Yes | Yes |
| ARCH 523 | History of Urban Form | 3 | Taubman | Yes | No |
| BA 456 | LBLE (Living Business Leadership Experience) | 3 | Ross | Yes | No |
| BA 457 | LBLE | 3 | Ross | No | Yes |
| BL 417 | Real Estate Law | 3 | Ross | No | Yes |
| CEE 307 | Sustainable Cities | 3 | Engineering | No | Yes |
| CEE 331 | Construction Contracting | 4 | Engineering | No | Yes |
| CEE 402 | Professional Issues and Design | 4 | Engineering | No | Yes |
| CEE 435 | BIM (Building Information Modeling) | 3 | Engineering | Yes | No |
| CEE 501 | How Cities Work | 1-4 | Engineering | Yes | Yes |
| CEE 537 | Construction of Buildings | 3 | Engineering | No | Yes |
| ECON 487 | Urban Economics | 3 | LSA | Yes | Yes |
| ENVIRON 408 | Land Use Policy, Law, and the Environment | 3 | LSA | Yes | No |
| ES 444 | Finance for Societal Good | 3 | Ross | No | No |
| FIN 320 | Real Estate Finance | 1.5 | Ross | No | No |
| FIN 321 | Introduction to Commercial Real Estate Finance | 1.5 | Ross | No | No |
| FIN 425 | Entrepreneurial Finance | 3 | Ross | No | No |
| FIN 428 | FinTech: Blockchain, Cryptocurrencies, and Other Technology Innovatons In and Out of Finance | 3 | Ross | No | No |
| FIN 463 | Real Estate Development in Practice | 3 | Ross | Yes | Yes |
| FIN 466 | Real Estate Finance and Investments | 3 | Ross | No | Yes |
| HISTORY 364 | History of American Suburbia | 4 | LSA | No | No |
| IOE 265 | Prob & Stat for Engr | 3 | Engineering | Yes | Yes |
| PUBPOL 475 | Community Development Finance | 1-4 | Ford | No | Yes |
| PUBPOL 750 | Community Development Finance | 1-4 | Ford | No | Yes |
| SM 238 | Intro to Accounting | 1.5 | Kinesiology | No | No |
| SM 341 | Sports Finance | 3 | Kinesiology | No | Yes |
| SM 440 | Sport, Economic Development, and Urban Revitalization | 3 | Kinesiology | Yes | Yes |
| SM 441 | Monetizing Sport (formerly SM 313) | 3 | Kinesiology | No | Yes |
| SM 442 | Sports Real Est Devp | 3 | Kinesiology | Yes | No |
| STATS 100 | Introduction to Statistics | 4 | LSA | No | Yes |
| STATS 250 | Introduction to Statistics and Data Analysis | 4 | LSA | Yes | Yes |
| STATS 206 | Intro Data Science | 4 | Ross | No | No |
| TO 301 | Bus Analytics & Stats | 4 | Ross | Yes | No |
| TO 428 | FinTech Innovations | 3 | Ross | No | Yes |
| URP 357 | Architecture, Sustainability, and the City | 3 | Taubman | No | Yes |
| URP 423 | Introduction to Urban and Environmental Planning | 3 | Taubman | Yes | No |
| URP 529 | History of Urban Form | 3 | Taubman | No | Yes |
| URP 590 | Integrative Real Estate Seminar | 2 | Taubman | No | Yes |
| URP 591 | Financing Real Estate Development | 3 | Taubman | Yes | No |
| WGS 350 | Nonprofit Management and Community Engagement | 3-4 | LSA | Yes | Yes |
| SOC 210 | SocSci Statistics | 4 | LSA | Yes | No |
| URP 402-002 | Intro to Urban Housing System | 3 | Taubman | No | Yes |
| URP 596 | Fundamentals of Real Estate Development | 3 | Taubman | Yes | No |
| URP 595 | Public Private Partnerships-Financing Equitable Development | 3 | Taubman | Yes | No |
| URP 610-001 | Acquiring and Repositioning Real Estate | 3 | Taubman | No | Yes |
| URP 402-002 | Is a Career in Real Estate Right For Me? | 1 | Taubman | Yes | No |
| URP 402-004 | Sustainable Design and Construction in Real Estate | 3 | Taubman | Yes | No |
| URP 402-005 | Affordable Housing Development in Practive | 3 | Taubman | Yes | No |