Real Estate
The Department of Finance, Insurance and Real Estate (FIR) at the University of Memphis stands out as a key component of the Fogelman College of Business & Economics, the only business college in the Memphis area accredited by the esteemed AACSB. This department offers a Bachelor of Business Administration (BBA) with a major in Finance and a concentration in Real Estate. The program is meticulously designed to provide students with foundational concepts, principles, and analytical tools crucial for making informed business decisions in the finance sector. This comprehensive education equips students with a broad understanding necessary for effective functioning within the field of finance.
The Real Estate Concentration within the BBA degree program is tailored for those aiming for careers in real estate and its related fields. This includes roles in mortgage banking, real estate development, investment, valuation, assessment, government, sales, and property management. The program also offers courses applicable towards a Minor in Real Estate or the Professional Real Estate Program, providing flexibility for students interested in various aspects of real estate beyond just sales.
To graduate with a BBA in Finance, Insurance, and Real Estate, students must complete a minimum of 120 credit hours. This degree can be pursued entirely online through UofM Global or combined with previously completed college-level coursework from other institutions. Prospective students often question the career opportunities available with a real estate degree. Beyond traditional realtor roles, graduates can explore diverse career paths such as mortgage brokers or real estate transaction specialists, who manage loan applications, processing, appraisals, and contracts.
Real estate degree holders also have opportunities in property acquisition and management. Positions such as property managers, real estate investors, and developers offer substantial salary potential. For example, real estate investors might engage in property flipping—buying undervalued properties, renovating them, and selling them for a profit. These career paths highlight the lucrative and varied opportunities available to graduates in the real estate sector, demonstrating the broad applicability and potential of a degree in this field.