Real Estate (BComm program)

The Real Estate major in the B.Comm. program is one of only a few undergraduate programs in Canada that specialize in the real estate sector. It takes a multi-disciplinary approach to the study of residential and commercial/investment real estate. Topics such as the development, financing, valuation, market analysis and management of real estate are taught in the context of economic, legal, political and social factors affecting this large and growing field of business in Canada and the world.

The purpose of this major is to develop the conceptual, analytical and management skills required for careers in real estate. Students graduate with a degree that can lead to a variety of professional positions in the private or public sectors of the Canadian real estate industry or they can continue on to graduate work in business, planning or the social sciences.

What You’ll Learn

• Recognize why real estate businesses differ from other kinds of businesses.
• Understand the meaning of industry-specific jargon.
• Identify how a property can affect the value of neighbouring properties.
• Identify motives of a property owner and their effects on decisions.
• Calculate and assess the income flow of an asset.
• Communicate value to potential clients or investors.
• Identify legal and governmental processes of developing a property.
• Understand how different parts of a project (e.g. legal, financial, operational) combine or interact to produce a finished.