Real Estate Finance Program

Dynamic growth in an ever-changing market

Real Estate and Finance

Students will be prepared for real estate careers with a flexible, hands-on curriculum that leverages complementarities between non-real estate business electives and dedicated real estate courses. 


The Bachelor of Science in Business Administration Real Estate Finance Program provides specialized skill sets for students wishing to work in real estate finance and development. The degree signals to potential employers that the graduate is ready to perform complex tasks involving real estate finance, economics and state-of-the-art computer modeling.


The Program is available only to current Marshall and Leventhal undergraduates who have attained sophomore standing and have completed at least one semester in residence at USC. 

Students must complete FBE 391 (Real Estate Finance and Investments) prior to declaring the Emphasis. The Emphasis requires completion of  at least sixteen (16) units of real estate finance upper division coursework. Additional details are available in the catalogue.

Please note that students can only declare one Emphasis.

Apply Here

Emphasis Faculty Advisor

Professor Selale Tuzel
Email Address:

Recommended Coursework

Required Course (4 units)

FBE 391 Real Estate Finance and Investment Units: 4

Electives (12 units)

A minimum of 8 units must come from the Real Estate Finance Electives list. The sum of units from Real Estate Finance Electives and Non-Real Estate Electives must total at least 12.

Real Estate Finance Electives: 8-12 units

  • FBE 427 Real Estate Law Units: 4 ***
  • FBE 465 Real Estate Analysis and Computer Modeling Units: 2 ***
  • FBE 466 Management of Real Estate Development: Feasibility Studies Units: 4 ***
  • FBE 467 Real Estate Investment Trust (REIT) Analysis Units: 4***
  • FBE 470 Advanced Real Estate Analysis Units: 4 ***
  • FBE 489 Real Estate Capital Markets Units: 4 ***
  • FBE 491 Real Estate Finance Colloquium Units: 2 ***

Non-Real Estate Electives: 0-4 units

  • BAEP 423 Management of Small Businesses Units: 4
  • DSO 455 Project Management Units: 4
  • FBE 421 Financial Analysis and Valuation Units: 4 ***
  • FBE 423 Introduction to Venture Capital and Private Equity Units: 4 ***
  • FBE 435 Applied Finance in Fixed Income Securities Units: 4 ***
  • FBE 437 Entrepreneurial Finance: Financial Management for Developing Firms Units: 4 ***
  • FBE 441 Investments Units: 4 ***
  • FBE 459 Financial Derivatives Units: 4 ***
  • MOR 469 Negotiation and Persuasion Units: 4
    ***Prerequisites required. Plan carefully.

Emphasis Workshop Slide Deck

View the Spring 2024 emphasis workshop slide deck here

FAQs related to the Emphasis in Real Estate Finance

Which course can help students determine if this Emphasis is right for them?

The core real estate finance course, FBE 391: Real Estate Finance and Investments, is  a requirement that must be completed before declaring this emphasis and is the best course to help students decide if this Emphasis is right for them. We encourage students interested in the Real Estate Finance Emphasis to enroll in FBE 391 as early as possible. Please note that BUAD 306/308 is a prerequisite for the course and must be completed prior to taking FBE 391.

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What other resources/experiences can help students determine if this Emphasis is the right fit?

In addition to the Real Estate Finance emphasis faculty advisor, students can consult any professors who are teaching the real estate finance electives. Student organizations such as Marshall Real Estate Finance Association (MREFA) and Marshall Undergraduate Career Services are also excellent resources to explore real estate finance-related career opportunities and connect with students, staff, alumni and professionals to gain personal insights and advice.

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For International Students

This emphasis is a STEM program

This emphasis has been approved by the university to be STEM-eligible. This allows students who have completed this degree to apply for the STEM OPT Extension. Please note that this extension is not guaranteed but is approved by federal departments beyond the university’s purview. We strongly advise students to carefully read the Office of International Services instructions (here and here) which explain the STEM OPT extension eligibility and proceed accordingly.

On my I-20, why does the degree say Management Science instead of Business Administration?

This emphasis has been approved by the university to be STEM-eligible under the Department of Education CIP code of 52.1301 designation of Management Science. The degree stated on the I-20 refers to this designation.

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