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Real estate is an applied discipline that utilizes management, economics, marketing and especially finance principles in the study of real estate valuation, development, brokerage and finance. Many areas of the financial services industryloan origination and servicing, portfolio investment and advisingrequire extensive real estate knowledge. As students progress in their real estate careers, they typically acquire designations from and participate in one or more professional associations. Among the designations are the MAI (Member of the Appraisal Institute), CCIM (Commercial Investment Real Estate Institute), GRI and CRS (awarded by the National Association of Realtors), CRE (American Society of Real Estate Counselors), and CPM (Institute of Real Estate Management). Among other professional organizations are the Urban Land Institute (real estate development), the National Association of Homebuilders, Building Owners and Managers Association, Mortgage Bankers Association of America, International Council of Shopping Centers (shopping center development/leasing/management), National Association of Corporate Real Estate Executives, National Association of Real Estate Investment Tracts and the Industrial Development Research Council (corporate real estate).
Applicant must have successful completion of university preparatory courses, high school performance (class rank or GPA), including participation in accelerated programs like Honors, AP and IB; Ohio State does not have minimum requirements for class rank or GPA, Ability and desire to contribute to and engage with a diverse campus community, Experiences that demonstrate leadership or engaged involvement, Status as a first-generation university student, Demonstration of outstanding talent in a particular area and High school performance if adversely affected by physical, mental or learning environment factors. English proficiency level TOEFL: 79 or higher on the internet-based test, 550 or higher on the paper-based test and IELTS: 6.5 or higher