Finance, Real Estate and Law

Major/Career Profile

General Description

Within the Department of Finance, Real Estate, and Law of the College of Business Administration, the study of finance may be pursued through one of two options. The financial management option focuses on the manager's attempt to maximize the value of the firm by directing the firm's dealings with money. Both money market (short term) and capital market (long term) issues are addressed. Forecasting financial needs and investment decisions are extremely important and often determine the success or failure of a firm. The option in investments emphasizes the individual's attempt to maximize his/her net worth through the study of stocks, bonds, and other investment vehicles. The Department also offers career preparation in real estate. The classes deal with principles and practices, legal and financing aspects, and appraising residential and income property. Due to the importance of various aspects of law, all students in the College are required to take at least two law courses.

Career Options

Graduates with this major find work as: Financial Analyst, Bank Manager, Credit Manager, Securities Broker, Securities Company Manager, Securities Analyst, Real Estate Agent, Property Manager, Appraiser, Assessor, Contract Administrator, Underwriter, and College Professor. Some of these careers require additional experience or education.

Typical Employers

Accounting firms, banks, colleges and universities, consulting firms, construction firms, finance companies, government agencies, insurance companies, real estate and development companies, and securities brokers.

Salary and Employment Outlook

Employment in finance is expected to grow faster than average for all occupations through 2010. Growth is attributed to increased investment by businesses and individuals, as well as an increasing number of individuals planning for retirement. Employment in real estate, as agents, brokers and appraisers is subject to changes in the economy.

Salaries will vary by size and type of employer, geographic location, course work and related experience. Visit the Career Development Center for current local and national salary information.

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