Ryerson University in Toronto has developed a new program of study that centres on several aspects of real estate – from buying and selling it, to managing it and marketing for it. The program, which is only the third of its kind in the country, will instill a strong business sense in its students, many of whom will go on to careers as real estate investors.
“Real estate is an area of study that can help the economy, the students and the industry,” Dr. Cynthia Holmes, who helped to create the undergraduate degree program, tells CREW. “It’ll help the economy by having a well-educated work force in the area. The students who graduate with this degree will have a broad business background and will have an understanding in everything from economics, to accounting to marketing and other areas.”
Holmes says this program can help draw a group of young, eager and well-trained individuals to careers the real estate industry, something many believe is sorely needed.
While Holmes says most experienced investors are excellent, new investors can benefit from the stronger foundation and business management skills that the undergraduate degree can deliver.
The program is set to tackle a broad range of real estate sectors – students will go on to careers in real estate appraisals, urban planning, or real estate law, to name a few – and its introductory course material draws directly from the Ontario Real Estate Association’s educational literature, Holmes says.
“OREA has been an excellent partner with Ryerson,” Holmes says. “They helped with educational materials and they’ve provided a scholarship.”
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