Real Estate Minor (REMN)

Program overview

The Real Estate Minor program assists students pursuing majors outside of business disciplines in acquiring a foundational understanding of business and economics, while also nurturing a comprehensive knowledge of real estate issues and practices.

Last updated: May 31, 2024

Academic Information

Degree offered

Real Estate Minor (REMN)

Number of Credits Required

18 credits

Mode of learning

On Campus

Unique real estate academic features

The Real Estate minor offers students in majors outside of the School of Business the opportunity to acquaint themselves with real estate principles. Integration of the Real Estate minor program with other major programs equips students with both technical and business skills crucial for a career in real estate development. This program demonstrates high adaptability to various fields like agriculture, hospitality, technology, and engineering, providing advantages within business realms such as finance, microeconomics, and accounting.

Courses and disciplines/concentrations offered

Required Business & Economics Courses:

Principles Of Economics
Business Accounting
Financial Management

Required Real Estate Courses:

Real Estate Fundamentals
Real Estate Investment & Development
Real Estate Law

Real Estate Extracurricular Opportunities

Notable traditions & events

Dean V. White Real Estate Development Case Competition
Commercial Real Estate Roundtable
Guest Lectures

Real estate extracurricular activities available

City Trek
Hosting Site Visits

Networking opportunities

Women in Real Estate Career Panel & Networking
Purdue Real Estate Society
Purdue Real Estate Alumni Network

Recruiting

General info on roles students fill after graduation

Brand Manager
Construction Management Analyst
Investment Banking Analyst
Market Analyst
Project Engineer
Rotational Program
Sales and Marketing Rep

Average salary post graduation

$61,306

Munich Re
P&G
Related Companies
Restor Group LLC
Skanska
State Farm
Thompson Thrift
Webull

Common employers

AECOM Hunt
Balfour Beatty
BNP Paribas
Brasfield & Gorrie
Graybar
McCarthy Building
Muinzer

Faculty and Research

Faculty & Staff for the Program

See full list of faculty here

Distinguished real estate faculty members or research areas

Mike Eriksen

Director, Dean V. White Real Estate Finance Program

Lindsay Relihan

Assistant Professor of Economics and part of the Dean V. White Real Estate Finance Program

Zaiyan Wei

Associate Professor of Management; Faculty Affiliate at Dean V. White Real Estate Finance Program

Mention any recent real estate research achievements or ongoing projects

Chen, W., Wei, Z., & Xie, K. (2022). The Battle for Homes: How does home sharing disrupt local residential markets? Management Science, 68(12), 8589–8612. https://doi.org/10.1287/mnsc.2022.4299
Chen, W., Wei, Z., & Xie, K. (2023). Regulating Professional Players in Peer-to-Peer Markets: Evidence from Airbnb. Management Science, 69(5), 2893–2918. https://doi.org/10.1287/mnsc.2022.4480
Eriksen, Michael D., and Anthony Orlando. “Returns to Scale in Residential Construction: The Marginal Impact of Building Height.” Real Estate Economics, 50(2), Summer 2022: 534-564.
Engelhardt, Gary V. and Michael D. Eriksen. “Homeownership in Old Age and at the Time of Death.” Economics Letters, 212 March 2022.
Eriksen, Michael D., and Shaun Bond. “The Role of Parents on the Home Ownership Experience of Their Children: Evidence from the Health and Retirement Study.” Real Estate Economics, 49(2), Spring 2021: 433-458.
Duguid, James and Kim, Bryan and Relihan, Lindsay and Wheat, Chris, The Impact of Work-from-Home on Brick-and-Mortar Retail Establishments: Evidence from Card Transactions (June 1, 2023). https://ssrn.com/abstract=4466607
Relihan, Lindsay, Clicks and Bricks: The Complementarity of Online Retail and Urban Services (January 18, 2024). London School of Economics CEP Discussion Paper No. 1836, https://ssrn.com/abstract=4065950
Dokko, Jane; Keys, Benjamin J.; and Relihan, Lindsay E., Affordability, Financial Innovation, and the Start of the Housing Boom. Working Papers, No. 2019-01, 2019. https://www.chicagofed.org/publications/working-papers/2019/2019-01