We bring New York City to you with a Certificate in Real Estate Finance from the Steven L. Newman Institute of Real Estate!
Interested in our other graduate programs? We bring New York City to you with a Certificate in Real Estate Finance from the Steven L. Newman Real Estate Institute! This program consists of 4 online graduate-level courses that provide an in-depth look into the challenges and possibilities of real estate finance. This non-degree program is a valuable resource for anyone interested in real estate investment.
Courses include Real Estate Finance, Real Estate Capital Markets, Real Estate Development, and Analytical Skills for Real Estate Decision Making.
Upon successful completion of the program with qualifying grades, students will receive a Certificate in Real Estate Finance.
The convenient online format offers the flexibility to meet your time zone and schedule with lectures, coursework, projects, and communication with professors and other students. You will receive timely online mentoring and coursework commentary, an online community of students also studying for the Certificate, and resources to help you in both your academic and professional careers.
This format is useful for anyone who wants to pursue their education from the comfort of their home or office.
These courses are available online to students with:
- a bachelor’s degree in business, entrepreneurship, accounting, finance, or a related field; or
- a bachelor’s degree in another field, AND one year of working experience in business or real estate
All applicants must have a bachelor’s degree with proof of graduation.
Courses taken in the Certificate in Real Estate Finance cannot be transferred to the MS in Real Estate.
Students who have completed 1-4 courses in the Certificate Program are eligible to apply to the MS in Real Estate program. If accepted, they would still have to fulfill the required 31.5 credits in the MS program but would not be required to retake (if he/she received qualifying grades) the course/courses completed in the Certificate Program. Instead, students would take other real estate courses in order to fulfill their credit requirement.
This unique format allows you to build on your real estate finance certificate while gaining a hands-on, comprehensive education in real estate.
Courses are each a semester long, and follow the Baruch academic calendar. Students may take more than one course per semester.
- To apply:
- Apply .
- Accepted applicants will receive an email with registration information for courses.
- For questions and information contact or (646) 660-6963.
- Before registering, please read the information below.
- The on-line graduate non-degree certificate program in real estate finance is not open to current Baruch students.
- Admission to the certificate program is on a rolling basis.
- The program is only offered during Fall and Spring semesters.
ENROLLMENT TO ONLINE COURSES
Upon receipt of payment, an email will be sent to the student containing a unique registration link or code to begin the online course module. Registration links and codes will only be provided during business hours, Monday – Friday, 9:00 a.m. – 5:00 p.m. EST.
TUITION AND FEES
Tuition is $1,275 per course.
Although we do not charge late registration fees, tuition will not be prorated for missed sessions. After the second class session, course registration is closed.
REFUND POLICIES AND DEADLINES
Refund requests must be dated and submitted in writing. Refunds are processed in the order they are received and may take up to 4 to 6 weeks to be processed.
When Baruch College cancels a course, refunds are made automatically. All other refund requests must be made in writing.
Fees are not refundable, except when classes are cancelled by Baruch College.
Refunds are granted if your written request to withdraw is received by our office as per the schedule listed below. Requests sent by mail will be considered by the date they are postmarked. After the second class session no refunds or credits will be granted.
COURSE REFUND AND CREDIT POLICY
|If student withdraws:||Student will receive:|
|Up to 3 business days before the class start date||100% tuition refund or 100% tuition credit|
|Before the second class session||50% tuition refund or 100% tuition credit|
|After the second class session||No tuition refund or tuition credit|
Registration fees are not refundable, except when classes are cancelled by Baruch College.
Students who wish to withdraw from a course must notify The Steven L. Newman Real Estate Institute in writing. Failure to complete a course, notifying your instructor of your desire to withdraw, or general dissatisfaction with a course does not constitute a withdrawal and does not entitle you to a refund. Instructors are not permitted OR able to process withdrawals, transfers, or refunds. Students may submit a detailed written request to withdraw to our office by fax, mail, in-person, or via email to.
COURSE CANCELLATION POLICY
The Steven L. Newman Real Estate Institute maintains the right to cancel courses, reschedule courses and class hours, substitute instructors, and limit enrollment. If a course must be cancelled, each student may transfer to another course or section or may receive a full refund.
Students must complete all required courses and must earn an overall average grade of “B” or better to be awarded a certificate.
Students should follow the certificate requirements in effect for the term in which they registered for the first course toward the certificate.
If a required class is no longer being offered, a substitution will be made on the advice of the program manager. Students must complete the same number of classes listed as requirements from their initial term.
BOOKS AND MATERIALS
The purchase price of any recommended or required course materials, including textbooks, is not included in the price of the tuition.
GRADING AND ATTENDANCE POLICIES
Grading and attendance policies vary from course to course. Please consult the applicable student syllabus for course-specific information.
Grades are emailed to students approximately 10 days after the last day of class.
“INC” INCOMPLETE. Students with a documented reason (illness or family emergency) may request an INC.
Real Estate Finance
This course is an introduction to the major concepts, principles, analytical methods and tools useful for making investment and finance decisions regarding commercial real estate assets. The focus is on institutional (e.g., banks, life insurance companies, pension funds, REITS) real estate decision-making regarding large-scale commercial property. The course rigorously integrates real estate finance topics with and builds its methodology upon a modern corporate finance and investment framework.
Real Estate Capital Markets
This course provides exposure to advanced theory and analytical methods used in valuing and pricing securitized real estate. The primary objective of this course is to combine the theory of finance with the practice in real estate capital markets to enable students to make intelligent investment decisions in an increasingly complex real estate market. The main topics covered include mortgage prepayment and default risk analyses and pricing of residential and commercial mortgages; structured finance in residential and commercial real estate industries; and analysis of real estate investment trust (REIT) vehicles.
Real Estate Development
This graduate course provides a basic overview of key components and requirements associated with real estate development. Central to this are key investment options and development choices. Market and financial feasibility issues are assessed, as well as deal-level real estate financing issues. The course necessarily platforms upon development trends in the New York region as they affect real estate development options and decisions. Central to the course will be student managed and initiated case studies of actual development projects and decisions, including meetings with actual developers to review and understand their choices, costs and decisions. The course will provide an opportunity to meet with and discuss development options and decisions by real estate professionals engaged in various sectors of the real estate industry. Students will develop their own deal proposals and present them to a panel of investors at the conclusion of the course.
Analytical Skills for Real Estate Decision Making
The emphasis of this course is on the analytical and quantitative techniques used in commercial real estate financial analysis. To this end, it exposes the student to the major software tools and databases, such as ARGUS and Excel Modeling, used in commercial real estate for micro-level asset valuation and portfolio analytics. The class includes real data examples and computer laboratory assignments.
|August 21, 2020||Last day to apply for Fall 2020|
|August 23, 2020||Last day to register for courses|
|August 26, 2020||Start of Fall 2020 Term|
Certificate in Real Estate Finance courses follow the Baruch College academic calendar.
Looking to build a strong foundation in Real Estate Finance?
This course is part of the Graduate Online Certificate in Real Estate Finance, offered by the Steven L. Newman Real Estate Institute at Baruch College – CUNY.
This is a “finance boot camp,” particularly designed for our Certificate students without a financial background. The specific topics covered in this course will be applied to all of the four regular courses offered in the Certificate curriculum.
Note: The Online Boot Camp tuition ($500) will be fully reimbursed to those students who complete the Graduate Online Certificate in Real Estate Finance at Baruch College (four courses) within “two years.”
Tentative Schedules (three weeks)
• Basic Financial Concepts and terminology, including Time Value of Money, Net Present Value (NPV), Opportunity Cost, Cap Rates, and Legal Concepts.
•Real Estate Fundamentals: Property Types, Residential/ Commercial Mortgages, etc.
•Measuring Investment Performance: Nominal versus Real Returns, Internal Rate of Return (IRR), and Risk and Return Tradeoff in Real Estate Investments
•Sources of Financing in Real Estate
•Introduction to Pro Forma Analysis
•Creating Property Pro Forma with Debt Financing, Mortgages, and Tax Credits