Degrees Offered

Bachelor of Science in Business Administration
Option: Real Estate

Career
opportunities

Business and industry

Real estate appraiser

Real estate broker

Real estate salesperson

Real property manager

Real estate specialist in

commercial bank

life insurance company

mortgage company

real estate development company

real estate investment company

savings and loan association

title insurance company

Government employment

Federal

Building management

Environmental control

Land management

State

Fair housing

Finance

Land use control

Mortgage administration

Real estate regulation

Local

Eminent domain appraising

Housing codes

Planning

Property taxation

Public housing

Zoning

Real Estate is offered as an option within the Bachelor of Science degree in Business Administration. This option prepares students for a wide variety of careers in an industry that continues to expand and diversify.

Buying, selling, improving, developing, financing, valuing, and managing real estate are activities that constitute a very important and essential segment of the economy. Experts trained in real estate are found in government, private industry, and real estate professional and trade associations. The most popular specialization is real estate brokerage. In a sense the brokerage serves as the central marketplace for buyers and sellers of real estate. The broker must know the legal responsibilities of an agent to his or her principal, the selling owner; the current demand for the property offered for sale; the fair market value of the property; local real estate regulations; and methods of financing the property being bought.

Another important specialization is real property management. Its scope ranges from residential property to complex office buildings and shopping centers. A number of narrower specializations also may be chosen by students who wish to confine their activities to such areas as appraising, financing, and insuring real estate. After passing the broker’s license examination, some graduates establish their own firms, and others work in established brokerage firms. In relatively large brokerage firms, advancement to supervisory positions is a possibility.

A wide variety of nonbrokerage business firms employ real estate specialists. Important among these are commercial banks, savings and loan associations, mortgage companies, life insurance companies, and real estate investment firms. Real estate graduates will find excellent opportunities available with federal, state, and local government agencies.

Business Administration majors may join the campus chapters of Golden Key and Phi Kappa Phi national honor societies which are open to qualified students in all academic disciplines. Those who qualify may join the campus’ Eta chapter of Beta Gamma Sigma, the national honor society for business. In addition, numerous scholarships are available to students in all disciplines who meet established criteria.

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Faculty and areas of specialization:

John M. Blackburn (J.D., Southwestern University; member of the State Bar of California)
Business contracts; real estate

Maria Kathleen Boss (J.D., University of California, Hastings College of Law; member of the State Bar of California)
Securities regulation; insider trading; employment law

Jack S. K. Chang (Ph.D., University of Houston)
Corporate finance; investment and portfolio management

George N. Engler (Ph.D., University of California, Los Angeles)
Corporation finance

Taewon Kim (Ph.D., University of Georgia)
Real estate; finance

Ching-Hsing (Jean) Loo (Ph.D., Ohio State University)
Corporate finance; investments

Paul E. Schnitzel (Ph.D., New York University)
Domestic and international financial institutions and markets

Gary S. Watson (J.D., University of California, Berkeley)
Estate planning; law and technology

Jong Hwan Yi (Ph.D., University of Southern California)
Corporate finance; investment finance; microeconomics; managerial and business economics

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California State University, Los Angeles has an enrollment of 18,000 students. The campus is located on a 175-acre hilltop at the interchange of the San Bernardino and Long Beach freeways at the western end of the San Gabriel Valley, about five miles east of the Los Angeles Civic Center.

To secure an application for admission, call (323) 343-3901. The General Catalog and Schedule of Classes are available for purchase from the University Bookstore in the University-Student Union.

Cal State L.A. does not discriminate on the basis of race, color, religion, sex, sexual orientation, national origin, age, marital status, pregnancy, disability, disabled veteran's or Vietnam Era veteran's status, or any other classification that precludes a person from consideration as an individual.


For further information, contact the Department of Finance and Law at (323) 343-2870 or the Office of Admissions and University Outreach at (323) 343-3178. California State University, Los Angeles, 5151 State University Drive, Los Angeles, CA 90032-8530. University home page: www.calstatela.edu

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