2007-2008 University of Guelph Undergraduate Calendar

X. Degree Programs

Bachelor of Commerce (B.Comm.)

Real Estate and Housing (REH)

Department of Marketing and Consumer Studies, College of Management and Economics

The Real Estate and Housing major in the B.Comm. program is one of only two undergraduate programs in Canada that specialize in the real estate sector. It takes a multi-disciplinary approach to the study of residential and commercial/investment real estate. Topics such as the development, financing, valuation, market analysis and management of real estate are taught in the context of economic, legal, political and social factors affecting this large and growing field of business in Canada and the world.

The purpose of this major is to develop the conceptual, analytical and management skills required for careers in real estate and housing. Students graduate with a degree that can lead to a variety of professional positions in the private or public sectors of the Canadian real estate industry or they can continue on to graduate work in business, planning or the social sciences.

Students in the Real Estate and Housing major are required to take the courses listed below. In addition, some may wish to make use of groupings of elective courses in order to pursue individual interests or develop additional focus.

Students may consult the departmental Academic Advisor or B.Comm. Program Counsellor for additional information.

Liberal Education Requirement

As part of the graduation requirement all students within the B.Comm. Program are required to complete 1.50 credits from at least two different subject prefixes as listed under the B.Comm. Program Information section of the undergraduate calendar.


Semester 1
ECON*1050 [0.50] Introductory Microeconomics
MATH*1000 [0.50] Introductory Calculus
MCS*1000 [0.50] Introductory Marketing
MCS*1820 [0.50] Real Estate and Housing
0.50 electives
Note: Students who are exceptionally strong in mathematics may substitute either MATH*1080 or MATH*1200 for MATH*1000.
Semester 2
ECON*1100 [0.50] Introductory Macroeconomics
MCS*1400 [0.50] Introduction to Design
POLS*2300 [0.50] Canadian Government
1.00 electives
Semester 3
BUS*2220 [0.50] Financial Accounting
MCS*2020 [0.50] Information Management
ECON*2310 [0.50] Intermediate Microeconomics
1.00 electives
Semester 4
BUS*2230 [0.50] Management Accounting
MCS*2820 [0.50] Real Estate Finance
MCS*2850 [0.50] Service Learning in Housing
STAT*2060 [0.50] Statistics for Business Decisions
0.50 electives
Semester 5
ECON*3560 [0.50] Theory of Finance
ECON*2410 [0.50] Intermediate Macroeconomics
MCS*3810 [0.50] Real Estate Market Analysis
MCS*4840 [0.50] Housing and Real Estate Law *
0.50 to 1.00 electives
* This course is offered every other year; should be taken in Semester 5 or 7.
Semester 6
ECON*3510 [0.50] Money, Credit and the Financial System
LARC*2820 [0.50] Urban and Regional Planning
MCS*3030 [0.50] Research Methods
MCS*3820 [0.50] Real Estate Development
0.50 electives
Semester 7
BUS*3320 [0.50] Financial Management
ECON*3500 [0.50] Urban Economics
HTM*4390 [0.50] Individuals and Groups in Organizations
MCS*4820 [0.50] Real Estate Appraisal
0.50 electives or MCS*4840 if not taken in Semester 5
Semester 8
MCS*3890 [0.50] Property Management
MCS*4810 [0.50] Real Estate and Housing Project
POLS*3270 [0.50] Local Government in Ontario
1.00 electives