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 #ProgramTitleCredit HoursDepartment/School
101ECONPrinciples of Economics4LSA
102ECONPrinciples of Economics4LSA
401ECONIntermediate Microeconomic Theory4LSA
251ECONIntroduction to Statistics and Economics4LSA

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 #ProgramTitleCredit HoursDepartment/School
300FINFinancial Management (BBA majors only)3ROSS
302FINMaking Financial Decisions (non-Ross students only)3ROSS
390URPReal Estate Design and Development Fundamentals3TAUBMAN

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.

CourseTitleCreditsDepartment/SchoolFall 2022?*current as of 4.18.22
AAS 408African Economics: Social and Political Settings2-4LSANo
AAS 426Cities in Contemporary Africa3LSAYes
ALA 223Entrpreneurial Creativity3LSAYes
ARCH 215Architecture in Capitalism3TaubmanNo
ARCH 357Architecture, Sustainability, and the City3TaubmanYes
ARCH 423Introduction to Urban and Environmental Planning3TaubmanYes
ARCH 523History of Urban Form3TaubmanYes
BL 482Real Estate Law3RossNo
CEE 307Sustainable Cities3EngineeringNo
CEE 331Construction Contracting4EngineeringNo
CEE 402Professional Issues and Design4EngineeringNo
CEE 435BIM (Building Information Modeling)3EngineeringYes
CEE 501How Cities Work1EngineeringYes
CEE 537Construction of Buildings3EngineeringNo
ENVIRON 408Land Use Policy, Law, and the Environment3LSAYes
ES 444Finance for Societal Good3RossNo
FIN 320Real Estate Finance1.5RossNo
FIN 321Introduction to Commercial Real Estate Finance1.5RossNo
FIN 425Entrepreneurial Finance3RossNo
FIN 428FinTech: Blockchain, Cryptocurrencies, and Other Technology Innovatons In and Out of Finance3RossNo
FIN 463Real Estate Development in Practice3RossNo
FIN 466Real Estate Finance and Investments3RossNo
HISTORY 364History of American Suburbia4LSANo
POLSCI 327The Politics of the Metropolis3LSANo
PUBPOL 475Community Development Finance1-4FordNo
PUBPOL 750Community Development Finance1-4FordNo
RCSSI 330Urban and Community Studies4LSANo
SM 238Introduction to Accounting and Finance1.5KinesiologyNo
SM 341Sport Finance3KinesiologyNo
SM 440Sport, Economic Developmant, and Urban Revitalization3KinesiologyYes
SM 441Monetizing Sport (formerly SM 313)1-4KinesiologyYes
SM 442Sports Real Est Devp3KinesiologyYes
STATS 100Introduction to Statistics3-4LSANo
STATS 250Introduction to Statistics and Data Analysis4LSAYes
URP 357Architecture, Sustainability, and the City3TaubmanYes
URP 423Introduction to Urban and Environmental Planning3TaubmanYes
URP 529History of Urban Form3TaubmanYes
URP 590Integrative Real Estate Seminar2TaubmanNo
WGS 350Nonprofit Management and Community Engagement3-4LSAYes