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Real estate is the largest asset class in the world, with financial analysis at the heart of successful decision-making. Decisions on whether to proceed with a project, when to buy or lease a property, how to cost-effectively expand or renovate a building–and even the identification of optimal prices at which to buy or sell–are all informed by an understanding of financial principals at work in the realm of real estate.
Because of this, employers in the real estate industry highly value students who have applied knowledge of both finance and real estate. Opportunities for finance graduates in real estate are numerous, including property valuation, financial analysis of real estate prospects, real estate investment financing, and real estate purchase and leasing, to name just a few.
Virginia Tech’s Finance and Real Estate Major is especially tailored for students who want to pursue a career in real estate finance and commercial development. Our program provides students with in-depth coursework in both commercial real estate and finance, equipping graduates for success in a variety of careers. Students finish this program with a Double Major–a first major in Finance and Real Estate (FREL) and a second major in Real Estate for Commercial Properties (RELC).
Example Careers:
Financial analyst for a real estate developer, real estate investment firm, or corporation that owns significant amounts of real estate
Real estate appraisal (valuation), Bank credit officer or loan officer specializing in real estate financing
Mortgage broker, Investment banker or trader specializing in real estate, Project or property Management
Entrepreneur or investor in real estate assets