Overview of Online Certificate Programs in Real Estate Finance
Real estate finance certificate programs are typically designed to be graduate-level programs. The certificate can usually be earned by taking and passing between three and four courses. Some of the individuals that may be interested in a program like this include investors, business executives, professionals in the real estate industry, policy makers, bankers, and many others.
Before entering into a real estate finance certificate program, students will need to have earned a minimum of a bachelor's degree from an accredited school. Some programs may also require that applicants have previous experience working in the real estate industry. Transcripts from previous college coursework will also need to be submitted for consideration.
Real Estate Finance Certificate Requirements
The necessary coursework for earning a certificate in real estate finance can be completed all in an online environment. Some of the different course topics that students may see as a part of this program include introduction to real estate finance, real estate development, and advanced real estate finance.
Introduction to Real Estate Finance
An introduction to real estate finance class will cover the different tools that are commonly used by real estate investors. Students will learn how to calculate the return on an investment, and also how to value assets. Other topics that may be discussed are principles of taxation, development ventures, capital sources, partnerships, and concerns that investors may have.
Real Estate Development
By taking a class in real estate development, students will learn how to draft deal proposals commonly needed in the real estate industry. The course will teach those attending about the economic approaches that are common for developers. By the conclusion of the course, students will be able to make appropriate decisions based on economic information.
Advanced Real Estate Finance
Advanced real estate finance is a course designed to cover the analysis of financial risks in a more in-depth manner, and teach students about principles of market dynamics. Students will learn about software that is popular in the real estate world, and how to use it. Lastly, the course will discuss proper ways to handle and solve both financial problems and real estate problems when they arise.
Career Outlook For Real Estate Finance Certificate
One career path available for someone that has earned a real estate finance certificate is as a real estate broker or agent. These individuals help people to either rent, sell, or buy properties. The median salary as of 2019 was $50,730 according to the United States Bureau of Labor Statistics. Over the ten-year period from 2018 to 2028, there is expected to be a job growth of 7%, which is faster than the average for all jobs. Due to this rate of growth, from 2018-2028 it is expected that there will be 32,400 more jobs created in the field.
Other possible careers for those holding this certificate are property, real estate, or community association managers. These managers are tasked with handling and managing industrial, residential, or commercial properties, and the median salary as of 2019 was $58,760. The growth rate for these positions from 2018 to 2028 is expected to be 7%. This growth is expected to cause the creation of 26,500 more jobs over this time period.
Earning a real estate finance certificate can be done online is as little as three classes, and students may learn about topics like real estate development, introduction to real estate finance, and advanced real estate finance. Possible careers for individuals with this certificate can include real estate broker, real estate agent, or property, real estate, and community associations managers.