General Catalog 2022-2023

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Real Estate (BBA)

The Bachelor of Business Administration (BBA) in Real Estate aspires to promote a theoretical and practical preparation in the areas related to real estate. The Program aims to develop the following competencies: to know the inherent functions the Real Estate field as well as the technical tasks related the real estate industry, such as: transactions, rent and other rights, and the administration of real estate, etc. The program also aims to make students aware of the ethical principles that should prevail in this labor setting. The graduates of this program that aspire to obtain the license of seller and broker must comply with the requirements established by the Real Estate Brokers and Agents Board.

The Metropolitan Campus is authorized to offer this Program.

Competencies Profile of Graduates

The program is designed to permit the development of the following competencies:

Knowledge

To demonstrate knowledge and understanding of:

  1. the operation of the real estate market in Puerto Rico.
  2. the impact of the legal and approved frame in Real Estate matters.
  3. the role that the entrepreneur of Real Estate performs.
  4. the basic theories of the current methods of appraisal and the nature of the assessment of properties.
  5. the basic principles of urban economics in the Real Estate market.

Skills

  1. To contrast the financial values and investments in Real Estate properties.

Attitudes

  1. To assume the ethical behavior that should govern all Real Estate businesses.

Requirements for the Bachelor of Business Administration Degree in Real Estate

General Education Requirements 48 credits
Core Course Requirements 35 credits
Major Requirements 32 credits
Prescribed Distributive Requirements 6 credits
Elective Courses 3 credits
Total 124 credits

General Education Requirements - 48 credits

Forty-eight (48) credits are required as explained in the section “General Education Requirements for Bachelors’ Degrees.” Students in this Program will take GEMA 1200 in the Basic Mathematical Skills category.

Core Course Requirements - 35 credits

ACCT 1161Introduction to Financial Accounting

4
ACCT 1162Introduction to Managerial Accounting

4
BADM 1900Fundamentals of Business Management

3
FINA 2101Corporate Finance I

3
MAEC 2140Fundamentals of Quantitative Methods

3
MAEC 2211Principles of Microeconomics

3
MAEC 2212Principles of Macroeconomics

3
MAEC 2221Basic Statistics

3
MAEC 2222Managerial Statistics

3
MKTG 1210Introduction to Marketing

3
 
OMSY 3030Business Communication in Spanish

3
Or
OMSY 3040Business Communication in English

3

Major Requirements - 32 credits

BADM 3900Information Systems in Organizations

3
FINA 3500Introduction to Real Estate

3
MKTG 3230Integrated Marketing Communication

3
MKTG 3234Personal Sales

3
REAL 2500Real Estate Economics

3
REAL 2600Legal Principles of Real Estate

3
REAL 2700Obligations and Contracts in Real Estate

3
REAL 3800Real Estate Funding

3
REAL 3900Administration Principles in Real Estate

3
REAL 4000Introduction to The Appraisal of Real Estate

3
REAL 4100Ethics in the Real Estate Business

2

Prescribed Distributive Requirements - 6 credits

Select six (6) credits from the following courses:

BADM 3313The Law and The Businesses

3
ENTR 2200Foundations of Entrepreneurship

3
FINA 3150Personal Finance

3
MKTG 3235Sales Management

3
REAL 4400Financial Markets and the Banking Sector in Real Estate

3
REAL 4910Internship

3