The objective of the major in Real Estate and Urban Economic Studies is to provide both a theoretical foundation and a practical understanding of the field as preparation for a career as a real estate professional. Students in this major can choose from a variety of career paths, including appraisal and consulting, mortgage and construction lending, brokerage and leasing, property management, corporate real estate, development, and institutional real estate investment.

The study of Real Estate and Urban Economics consists of land and the natural resources and permanent buildings on it. Real estate agents, brokers, asset managers, assessors, property managers, and developers perform a wide variety of tasks, from buying, selling, renting, and leasing, to assessing, developing, and managing land. To pursue a career in real estate, coursework must be completed to obtain a license (each state has its own regulations). Individuals working in this field are working with all kinds of people and must know their product to succeed in a career in sales and development.

All School of Business majors can also be completed through the dual degree program EUROBIZ (dual degree with German Studies).