Real Estate Department
The Wharton School
University of Pennsylvania

1400 Steinberg Hall-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104-6302

215.898.9687 (Phone)
215.573.2220 (Fax)
realestate@wharton.upenn.edu

Introduction

 

The Wharton School has offered a real estate concentration for undergraduates since 1985.  The concentration consists of two required credit units and two electives.  While the required courses focus on real estate finance and law, the electives allow students to explore a variety of issues related to real estate.  These include real estate development, the legal aspects of real estate investment and financing, and the relationship between government policy and real estate development.

 

The real estate concentration is offered under the auspices of the Real Estate Department of the Wharton School.  Professor Joseph Gyourko serves as the Chair of the department.  Professor Peter Linneman is the undergraduate advisor, and can be reached at: linnemap@wharton.upenn.edu . The Real Estate Department is located in 1400 Steinberg-Dietrich Hall and the phone number is 215-898-9687.

 

Before declaring a concentration at the beginning of their junior year, Wharton undergraduates have built foundations in both business and liberal arts education.  The real estate concentration combines and develops the business, analytical, and communication skills students have gained during their first two years at Wharton.  The results are students possessing the skills required to enter the business world, as well as an unusual sensitivity to the larger issues involved in creating and maintaining working and living environments.

 

Click here to download the printable version.

 

     

 

The Concentration

 

The real estate concentration consists of two required credit units and two electives.  Students concentrating in real estate must take the following two courses.

 

REAL 204/LGST 204 Real Estate Law
REAL 209/FNCE 209 Real Estate Investment: Analysis and Financing

 

Two other c.u.s are required from the following list of electives:

 

REAL 206/BPUB 206 Urban Public Policy and Private Development
REAL 215 Urban Real Estate Economics
REAL 230/FNCE 230 Urban Fiscal Policy
REAL 236/BPUB 236 International Housing Comparisons
REAL 240 Advanced Real Estate Investment and Analysis
REAL 399 Student Research Seminar/Independent Study
REAL  321/821* Real Estate Development
REAL 390/890* International Real Estate Comparisons
REAL 396/891* Real Estate Entrepreneurship
ARCH 762 Design and Development

 

*with faculty permission

 

This last course is offered as a supplementary course for our students by the Architecture Department of the University.  It counts toward the thirty-seven (37) credit units needed to graduate, but not towards the four credit units needed for the real estate concentration.  (Approval for this course to count towards the concentration is given by the real estate undergraduate advisor, conditional upon outstanding performance in the course.)