Skip to Content

Darla Moore School of Business

B.S. Degree

The real estate major involves the study of concepts, principles and methodologies used in real estate analysis and decision-making.

Topics of study include:

  • Market analysis
  • Real estate finance
  • Property appraisal
  • Investment analysis and portfolio management

Careers in real estate

Graduates with degrees in real estate are employed in:

  • Real estate services
  • Investment analysis
  • Portfolio management
  • Mortgage banking
  • Real estate appraisal

Real Estate

  • Involves the study of concepts, principles and methodologies used
    in commercial real estate analysis and decision making
  • Covers topics such as market analysis, real estate finance, property
    appraisal and investment analysis and portfolio management

This major is a good fit if you...

  • Are interested in real estate development or management.
  • Want to develop a strong background in finance.

Why should you enroll?

  • Real estate managers can find work in real estate services, investment
    analysis, portfolio management, mortgage banking and real estate


Degree requirements: 122 hours

Major requirements: 61 hours

All majors are required to take Carolina Core classes to develop problem-solving skills and explore world cultures, history, languages and art. Business students also complete the Business Core Curriculum, which covers the basics for success in advanced business courses. Courses common to all programs include business communications, statistics, international business, accounting, economics, computer applications and business law.

Learn more »

CMW: Carolina Core Effective, Engaged and Persuasive Communication: Writing (6 hours)

Must be passed with a grade of "C" or higher.

ARP: Carolina Core Analytical Reasoning and Problem-Solving (6-7 hours)

Must be passed with a grade of "C" or higher.

SCI: Carolina Core Scientific Literacy (7 hours)

GFL: Global Citizenship and Multicultural Understanding: Foreign Language (0-6 hours)

Students shall demonstrate in one Foreign Language the ability to comprehend the topic and the main ideas in written and, with the exception of Latin and Ancient Greek, spoken texts on familiar subjects. This ability can be demonstrated by achieving a score of two or better on a USC foreign language test. Those failing to do so must satisfactorily complete equivalent study of foreign language at USC.  CC-GFL courses

GHS: Global Citizenship and Multicultural Understanding: Historical Thinking (3 hours) any CC-GHS course

GSS: Carolina Core Global Citizenship and Multicultural Understanding: Social Sciences (3 hours) any CC-GSS course

AIU: Carolina Core Aesthetic and Interpretive Understanding (3 hours) any CC-AIU courses

CMS: Effective, Engaged, and Persuasive Communication: Spoken Component* (0-3 hours) any overlay or stand-alone CC-CMS course

INF: Information Literacy* (0-3 hours) any overlay or stand-alone CC-INF course

VSR: Values, Ethics and Social Responsibility* (0-3 hours) any overlay or stand-alone CC-VSR course

*Course can be Stand Alone or Overlay
— Overlay-approved courses offer students the option of meeting two Carolina Core components in a single course. A maximum of two overlays is allowed. The total Carolina Core credit hours must add up to a minimum of 31 hours. Some programs may have a higher number of minimum Carolina Core hours due to specified requirements.

The program requires 9 hours of course work with international content that may be completed through other degree requirements. Three hours must be taken from an approved list of courses offered by the Moore School of Business which contain international business or international economics content. The following course options can also be used to satisfy the 3 credit hours of this requirement: approved course work containing international business or international economics content, taken at a semester abroad program; an approved Maymester or summer overseas course containing international business or international economics content; an approved internship course in international business wherein a student would obtain discipline-related work experience in a foreign country; or an approved service-learning component.

Students may choose from one of the following options to complete the remaining 6-hour requirement:

Language: Two language courses at the 200 level or above


Electives: Two approved courses with international content taken either inside or outside the Moore School from the list of available internationally-focused courses.

Minors (non-business) may be selected from a University-wide list of approved minors. The minor is normally a minimum of 18 hours of prescribed courses in one subject area. Minors are recognized on the transcript.

Cognates which consist of 4 related courses in a specific field. The cognate is intended to support the course work in the major. The cognate must consist of twelve (12) hours of courses at the advanced level, outside of but related to the major. Cognates do not earn an additional designation on the transcript.

The number of elective hours required depends upon the number of hours used to fulfill other degree requirements, including the optional minor or cognate.  Minimum degree requirements must equal 122 hours. Selecting to pursue a minor or cognate, multiple business majors or the business analytics concentration may be used to reduce the total number of electives hours. No courses of a remedial, developmental, skill-acquiring, or vocational nature may apply as credit toward degrees in the Darla Moore School of Business. 

Options to meet this requirement may include:

  • Pre-Professional coursework can be applied for students seeking admission to a professional degree program after graduation.
  • A maximum of 4 courses towards completion of an accelerated master’s program if not counted elsewhere in the degree.
  • Directed Electives:  Students may select courses of interest with their advisor.  Students are strongly encouraged to take a business section of UNIV 101. All directed coursework electives must be passed with a grade of C or better. Directed coursework may not include coursework in PEDU or MATH/STAT below the Moore School minimum requirements (ex. MATH 111 or STAT 110) or 1 credit performance classes.

Major requirements: (nine hours)

One of the following courses: (three hours)

One of the following courses: (three hours)

Students with a single major in Real Estate must complete additional upper level (300-level or above) business/economics course work for a total of 21 hours, including the major hours. Students may choose to double major or pursue a business analytics concentration to fulfill this requirement.

Learning Outcomes

  • Students will understand the importance and role of real estate in local and national economies.
  • Students will be able to identify key driving forces of the real estate market.
  • Students will be able to analyze real estate investment cash flows and make real estate investment decisions based on net present value or the internal rate of return.
  • Students will understand and be able to analyze mortgage contracts taking the perspective as a borrower, a lender and an investor.
  • Students will be able to understand the basic trade off in debt versus equity finance in real estate.
  • Students will be able to understand the basics of securitization and be able to analyze simple mortgage-backed securitization deals.

Optional Business Analytics Concentration (12 hours)*

Real Estate:
Required Course (three hours):

Choose nine hours from the list below:

*Consult with your academic adviser or department on courses recommended for individual majors. The analytics concentration must be taken in conjunction with another track in your major. The department may add additional electives to the Data Analytics concentration subject to the approval of the Data Analytics Committee.

Challenge the conventional. Create the exceptional. No Limits.