“Create, create, house” – real estate not only offers a safe home, but also represents a coveted capital investment and an important branch of the economy .
The real estate market is booming, especially in the big cities. Landlords, brokers and real estate dealers generate almost 300 billion euros a year. In total there are around 3.4 million people who earn their living in the real estate industry. However , there is a lack of qualified specialists and managers in the industry . An academic degree in real estate management can help.
Study real estate management in Germany
According to Top-Mba-Universities, the real estate management subject is a business degree that is specifically geared towards the real estate industry. In addition to business administration , the students deal with subjects such as civil engineering or construction law .
Bachelor and master programs are available at technical colleges and universities. Practical relevance has a high priority in most courses. Therefore, internships and practical training in many cases an integral part of the course.
At some universities it is possible to study real estate management as a dual study. Dual courses of study combine academic studies and practical training.
Events in the first semesters of a bachelor’s degree are mostly introductory . The following course content is usually dealt with there:
- Business basics
- Finance math
- Business English
- Building theory
- Construction engineering
In the higher semesters , students immerse themselves more deeply in the real estate industry. For example, the curriculum says
- the analysis of real estate with regard to its profitability
- the draft of renovation and utilization concepts
- Strategies for the optimal marketing of real estate.
At most universities students have the opportunity to focus as international real estate markets or brokers operating doctrine to choose.
The bachelor’s degree enables direct entry into the profession. For students who would like to work as a manager later , a master’s degree is recommended .
Masters programs offer the opportunity to specialize in a specific area of the real estate industry. You can choose from focal points such as technical building management, real estate project management or business law . There are also master’s courses that define a further topic area.
You have an interest in economic relationships and the real estate market ? Then you already have an important prerequisite for studying real estate management. Mathematics skills are required for subjects such as accounting .
A further selection criterion is a good command of English : English is the business language on the curriculum in all courses. In the master’s programs in particular, English is often the language of instruction.
Professional fields for real estate managers
After completing their studies, the whole world of the real estate industry is open to graduates. With their know-how they can develop construction projects and assess, manage, manage or market existing real estate portfolios.
Possible employers are housing associations, property management companies or brokerage offices. Masters graduates in particular often hold leading positions there and are responsible for corporate management or personnel management.
Some real estate managers set up their own broker or appraisal office after a few years of employment . Master’s graduates can also pursue an academic career , for example in university research and teaching.
Studying real estate management abroad – the advantages
The increasing internationalization of the real estate industry requires foreign language skills and intercultural skills . Both can be acquired as part of one or more semesters abroad. In addition, students get to know the country and its people while studying abroad and establish a network of worldwide contacts at an early stage .