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Program Overview

  • Duration

    1 Year (Self-Paced) Program

    Can be done in 6 months

  • Total Courses

    14

  • Total Credit Hours

    84 Hours

Southeastern Michigan University's Real Estate Management program offers students a comprehensive and well-rounded education in the world of advertising. Our expert faculty members create a supportive learning environment, guiding students to develop the knowledge, skills, and critical thinking abilities needed to succeed in the real estate industry.

Core Business Foundation:

The program typically begins with a solid foundation in core business disciplines, such as accounting, marketing, finance, management, and organizational behavior. This equips students with a well-rounded understanding of how businesses operate.

Professional Development And Networking:

Beyond the classroom, the College of Business places a strong emphasis on professional development and networking. Our students have access to a wide range of opportunities, including career fairs, industry conferences, and guest speaker events.

Global Business Engagement:

The College of Business is committed to preparing students for success in a globalized business environment. Our programs offer unique opportunities for international engagement, including study abroad programs, global business competitions, and collaborations with multinational corporations.

Introduction to Business

This course will introduce you to the principles and functions of business. Business will be discussed as a part of a total social, political and economic environment. The various functional areas of business will be discussed: economic systems, forms of business ownership, management, human relations, marketing, accounting and finance.

Marketing Essentials

This course is designed to introduce you to the basic marketing concepts. It provides an overview of the marketing functions of selling, promotion, and distribution along with marketing research and strategic marketing process.

Business Communication

This course is designed to give you a comprehensive view of communication, its scope and importance in business, and the role of communication in establishing a favorable outside the firm environment, as well as an effective internal communications program.

Fundamentals of Accounting

The Fundamentals of Accounting course provides you with a solid foundation in the principles and practices of accounting; including Accounting Laws and Processes. This course focuses on user orientation of financial accounting, the uses of financial statements, how to analyze a business entity, and how the accounting system is structured.

Introduction to Finance

Introduction to Finance is a course that introduces basic principles of finance. Through this course, you will be able to develop a fundamental understanding of the finance world, which will help you build a base for pursuing a career in the financial industry.

Management & Administration

The course is designed to discuss management theories, concepts, techniques, and practices in the context of complex, dynamic, changing and globalizing business world. Applying the functional or process approach to the study of management, the discussion will cover all main management functions: planning, organizing, directing and controlling.

E-Business

This course explores what an e-business is and how it is managed. E-Business is an interdisciplinary topic encompassing both business and technology. The major characteristics, opportunities, and limitations of this form of business are explored.

Human Resources

This course examines the role of the human resource professional as a strategic partner in managing today’s organizations. Key functions such as recruitment, selection, appraisal, compensation, and labor relations are examined. Implications of legal and global environments are appraised and issues such as diversity training etc. are analyzed.

Introduction to Real Estate Economics

Real estate management is one of the most crucial aspects of Real Estate Business. This course encompasses topics about Real Estate Economics, which includes Economic Features of Real Estate, Commercial and Industrial Markets in Real Estate, The Economics Of Real Property Taxation and Real Estate Investment Principles.

Introduction to Real Estate Inspection

Real estate inspection course involves looking in depth at every component of a house. In this course, you will learn the importance of inspecting components like electrical systems, plumbing materials of various kinds, plumbing waste, drain and ventilation systems, and the testing of water heaters, both electric and gas.

Basics of Real Estate Appraisals

This course will provide you with a solid foundation in real estate valuation principles and their application in appraising properties. This course is designed to teach you the skills and knowledge necessary to determine the market value of real property.

Introduction to Real Estate Finance

This course introduces you to basic debt and equity issues as well as techniques essential to understanding and evaluating real estate as an investment vehicle. It encompasses the overview of real estate capital markets; market analysis, physical; lenders' financial analysis and underwriting; and real estate financing instruments.

Principles of Real Estate Investments

This course aims to develop your ability to handle complex valuation scenarios and critically appraise the principles of current valuation practice and property investment performance. It discusses the risk and portfolio theories, as well as current topical issues that influence the world of real estate investments.

Introduction to Real Estate Management

Real Estate requires a very rigorous and efficient management of business. The aim of this course is to help you gain an understanding of commercial real estate and appreciate the underlying principles of property cycles.

Cost of Attendance

Tuition Fee Breakdown Cost
ASSOCIATE TO BACHELORS DEGREE $18,480
Medical Insurance $0.00
Personal Expenses $0.00
Study Materials $0.00
Food Cost $0.00
Total Tuition Fee $18,480
WHERE AFFORDABILITY

Meets Opportunity

At Southeastern Michigan University, we believe in where affordability meets opportunity. Our commitment to accessible education ensures that quality learning doesn't come with a hefty price tag. We open the doors to knowledge, offering students the chance to thrive without the burden of overwhelming tuition fees, empowering them for a brighter future.

Our Eligibility Criteria

Explore SMICH’s Eligibility Criteria for Students Worldwide

Eligibility Criteria

High School Diploma, GED or equiv. International Education

Credit Hours

84 Hours

Course Duration

1 Year (Self-Paced) Program

Courses Offered

14

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Introduction to business

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Understanding the u.s. business system.
    Understanding the environments of business.
    Conducting business ethically and responsibly.
  In Section 2 of this course you will cover these topics:
    Understanding entrepreneurship and new ventures.
    Understanding the global context of business.
    Managing the business enterprise .
  In Section 3 of this exam you will be evaluated on below listed topics:
    Organizing the business enterprise .
    Managing human resources and labor relations.
    Motivating and leading employees.
  In Section 4 of this course you will cover these topics:
    Understanding marketing processes and consumer behavior.
    Developing and pricing products.
    Distributing products.
  In Section 5 of this course you will cover these topics:
    Promoting products.
    Producing goods and services.
    Managing for productivity and quality.
    Managing information systems and communication technology.
    Understanding principles of accounting.
    Understanding money and banking.
    Understanding securities and investments.
    Understanding financial and risk management.

Marketing Essentials

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Marketing: managing profitable customer relationships
    Company and marketing strategy: partnering to build customer relationships
    The marketing environment
  In Section 2 of this course you will cover these topics:
    Managing marketing information
    Consumer markets and consumer buyer behavior
    Business markets and business buyer behavior
  In Section 3 of this exam you will be evaluated on below listed topics:
    Customer-driven marketing strategy: creativing value for target customers
    Product, services, and branding strategies
    New-product development and life-cycle strategies
  In Section 4 of this course you will cover these topics:
    Pricing products: understanding and capturing customer value
    Pricing products: pricing strategies
    Marketing channels and supply chain management
  In Section 5 of this course you will cover these topics:
    Retailing and wholesaling
    Communicating customer value: integrated marketing communication strategy
    Advertising and public relations
    Personal selling and sales promotion
    Direct and online marketing: building direct customer relationships
    Creating competitive advantage
    The global marketplace
    Marketing ethics and social responsibility

Business communication

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Understanding business communication in todays workplace
    Communicating in teams and mastering listening and nonverbal communication
  In Section 2 of this course you will cover these topics:
    Planning business messages
    Writing business messages
  In Section 3 of this exam you will be evaluated on below listed topics:
    Completing business messages
    Choosing and using media for brief messages
  In Section 4 of this course you will cover these topics:
    Writing routine and positive messages
    Writing negative messages
  In Section 5 of this course you will cover these topics:
    Writing persuasive messages
    Understanding and planning reports and proposals
    Writing and completing reports and proposals
    Preparing and giving oral presentations
    Building careers and writing rsums
    Applying and interviewing for employment

Fundamentals of accounting

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Accounting and the business environment
    Recording business transactions
    The adjusting process
  In Section 2 of this course you will cover these topics:
    Completing the accounting cycle
    Accounting for a retail business
    Internal control and cash
  In Section 3 of this exam you will be evaluated on below listed topics:
    Receivables
    Inventory
    Long-term assets: plant assets and intangibles
  In Section 4 of this course you will cover these topics:
    Current liabilities and payroll
    Corporations and stockholders' equity
    Long-term liabilities
    The statement of cash flows
  In Section 5 of this course you will cover these topics:
    Financial statement analysis.
    Introduction to management accounting
    Job order costing
    Process costing
    Cost-volume-profit analysis
    The master budget and responsibility accounting
    Flexible budgets and standard costs
    Special business decisions and capital budgeting

Introduction to finance

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    An introduction to the foundations of financial management - the ties that bind
    The financial markets and interest rates
    Understanding financial statements and cash flows
  In Section 2 of this course you will cover these topics:
    Evaluating a firm's financial performance
    The time value of money
    Risk and return
  In Section 3 of this exam you will be evaluated on below listed topics:
    Bond valuation
    Stock valuation
    Capital-budgeting techniques and practice
  In Section 4 of this course you will cover these topics:
    Cash flows and other topics in capital budgeting
    Cost of capital
    Determining the financing mix
  In Section 5 of this course you will cover these topics:
    Dividend policy and internal financing
    Short-term financial planning
    Working-capital management
    Current asset management
    International business finance

Management & administration

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Introduction to management and organizations.
    Management yesterday and today.
    Organizational culture and environment: the constraints.
  In Section 2 of this course you will cover these topics:
    Managing in a global environment.
    Social responsibility and managerial ethics.
    Decision-making: the essence of the manager's job.
  In Section 3 of this exam you will be evaluated on below listed topics:
    Foundations of planning.
    Strategic management.
    Planning tools and techniques.
  In Section 4 of this course you will cover these topics:
    Organizational structure and design.
    Communication and information technology.
    Human resource management.
  In Section 5 of this course you will cover these topics:
    Managing change and innovation.
    Foundations of behavior.
    Understanding groups and teams.
    Motivating employees.
    Leadership.
    Foundations of control.
    Operations and value chain management

E-business

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Overview of ec.
    E-commerce market mechanisms.
  In Section 2 of this course you will cover these topics:
    Reatailing in e-commerce: products and services.
    Consumer behavior, customer service, and advertising.
  In Section 3 of this exam you will be evaluated on below listed topics:
    Company-centric b2b and collaborative commerce.
    Public b2b exchanges.
  In Section 4 of this course you will cover these topics:
    Intrabusiness, e-government, c2c, e-learning, and more.
    Mobile commerce.
  In Section 5 of this course you will cover these topics:
    Laws, ethics, and cyber crime.
    Payments and order fulfillment.
    E-strategy, internet communities, and global ec.
    Infrastructure and application development.

Human resources

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Introducing hrm
    Human resource strategy and planning
    Recruitment
  In Section 2 of this course you will cover these topics:
    Selection: shortlisting and interviews
    The employment relationship
    Introduction to the learning process
  In Section 3 of this exam you will be evaluated on below listed topics:
    Learning and development programmes
    Performance appraisal and performance management
  In Section 4 of this course you will cover these topics:
    Payment systems
    Managing employee welfare
  In Section 5 of this course you will cover these topics:
    Health and safety
    Partnership, employee involvement and high performance working
    Discipline and grievance
    Dismissal, redundancy and outplacement

Introduction to Real Estate Economics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Introduction to real estate economics
    Review of the economic principles of capitalism
    Government's role in the economy
    Money, credit, and real estate
  In Section 2 of this course you will cover these topics:
    Important economic features of real estate
    Regional and community analysis
    Community growth patterns
    Neighborhoods: clusters of land use and value
  In Section 3 of this exam you will be evaluated on below listed topics:
    Housing markets
    Commercial and industrial markets
    Rural and recreational real estate markets
    The economics of real property taxation
  In Section 4 of this course you will cover these topics:
    Land-use controls
    Real estate development
    Required government reports
    Summary of real estate investment principles
  In Section 5 of this course you will cover these topics:
    Income tax aspects of investment real estate
    Applied real estate economics

Introduction to Real Estate Inspection

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    An introduction to the professional home inspection.
    The home inspection business.
  In Section 2 of this course you will cover these topics:
    Land use regulations.
    Home inspection procedure and reporting.
  In Section 3 of this exam you will be evaluated on below listed topics:
    Inspecting the site.
    Inspecting the exterior.
  In Section 4 of this course you will cover these topics:
    Inspecting the interior.
    Inspecting the plumbing, heating and air-conditioning systems.
  In Section 5 of this course you will cover these topics:
    Inspecting the electrical system.
    Recognizing environmental issues.

Basics of Real Estate Appraisals

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Real estate appraisal and you.
    Legal considerations in appraisal.
    The formal appraisal process.
    Focus on neighborhood, community, and market.
  In Section 2 of this course you will cover these topics:
    Real estate economics and value.
    Property inspection and analysis: the site.
    Property inspection and analysis: the improvements.
  In Section 3 of this exam you will be evaluated on below listed topics:
    The sales comparison approach.
    Analyzing and adjusting comparable sales.
  In Section 4 of this course you will cover these topics:
    Valuing the site.
    Introducing the cost approach.
  In Section 5 of this course you will cover these topics:
    Estimating loss in value: accrued depreciation.
    The income approach.
    Income capitalization: rates and techniques.
    Reconciling the value estimates.
    Reporting appraisal opinions.
    Appraising special ownerships and interests.
    The professional appraiser.

Introduction to Real Estate Finance

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Real estate finance: an overview
    Money. credit. and the determination of interest rates
    Finance theory and real estate
    The early history of residential finance and creation of the fixed rate mortgage
  In Section 2 of this course you will cover these topics:
    Postwar residential finance
    Alternative mortgage instruments
    Financing and property values
    Federal housing policies: part 1
  In Section 3 of this exam you will be evaluated on below listed topics:
    Federal housing policies: part 2
    The secondary mortgage market
    Valuation of mortgage securities
    Controlling default risk through borrower qualification. loan underwriting and contractual relationships
  In Section 4 of this course you will cover these topics:
    Loan origination. processing. and closing
    Mortgage default insurance, foreclosure, title insurance
    Value, leverage, and capital structure
    Federal taxation and real estate finance
  In Section 5 of this course you will cover these topics:
    Sources of funds for commercial real estate properties
    Acquisition. development. and construction financing
    Permanent financing of commercial real estate properties

Principles of Real Estate Investments

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    An introduction to real estate investment: legal concepts
    Financing: notes and mortgages
    The interest factor in financing
    Fixed rate mortgage loans
  In Section 2 of this course you will cover these topics:
    Adjustable rate mortgages
    Residential financial analysis
    Single family housing: pricing, investment, and tax considerations
    Underwriting and financing residential properties
  In Section 3 of this exam you will be evaluated on below listed topics:
    Introduction to income-producing properties: leases, rents, and the market for space
    Valuation of income properties: appraisal and the market for capital
    Investment analysis and taxation of income properties
    Financial leverage and financing alternatives
  In Section 4 of this course you will cover these topics:
    Risk analysis
    Disposition and renovation of income properties
    Financing corporate real estate
    Financing project development
  In Section 5 of this course you will cover these topics:
    Financing land development projects
    Joint ventures, syndications, and partnerships
    The secondary mortgage market: pass-through securities
    The secondary mortgage market: cmos and derivative securities
    Real estate investment trusts -reits-
    Real estate investment performance and portfolio considerations.

Introduction to Real Estate Management

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    The reality of real estate
  In Section 2 of this course you will cover these topics:
    The real estate transaction: listings, disclosure, and agency
    Agreements of sale
  In Section 3 of this exam you will be evaluated on below listed topics:
    Conditions, contingencies, and other qualifications
  In Section 4 of this course you will cover these topics:
    Title abstraction
    The nature of a deed
  In Section 5 of this course you will cover these topics:
    Mortgages
    Closing and settlement
    Leases in the real estate transaction
    Resolution of real estate disputes
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