Bachelor of Business in Real Estate Degree

BBRE Overview

The Bachelor of Business in Real Estate has been developed in a collaborative effort between the Real Estate Institute of British Columbia, the University of British Columbia (UBC) and Thompson Rivers University, Open Learning (TRU-OL) with ongoing support from the Real Estate Foundation and the Appraisal Institute of Canada (AIC).

The BBRE is a part-time post–diploma degree completion program allowing industry professionals to continue their careers while  advancing their formal education beyond the diploma level. The BBRE is delivered by distance education methods and is offered by both UBC and TRU-OL . The program builds upon the foundation of the Diploma in Urban Land Economics or equivalent plus additional real estate, general education, business and elective courses. The real estate courses and several of the business courses will be delivered by the Real Estate Division, while an agreement with TRU-OL will enable students to obtain the required general education and business courses by distance education.

The curriculum has been developed in consultation with the real estate industry to ensure it meets the accreditation requirements of various professional associations.

Admission

Admission to the BBRE will require graduation from the Urban Land Economics Diploma or equivalent, with a grade point average of 2.0 (60%) or greater. Students will also be required to demonstrate proficiency in English.

University of British Columbia BBRE students must complete at least 50% of the course work (60 credits) at UBC in order to receive a degree from UBC. Evaluation of previous course work is subject to the Real Estate Division's Transfer Credit Policy. Students wishing to apply for transfer credit must forward their original transcript, review fee, and cover letter to the Real Estate Division. Transcripts will be reviewed and students will receive their personalized "program plan". The program plan will outline the number of advanced credits that have been granted and the student's remaining degree requirements. The cost for each challenge examination granted is $150.00. It is estimated that graduates of the Diploma Program in Urban Land Economics who have additional post-secondary education may take approximately six years to complete the degree on a part-time basis.

TRU BBRE students are required to complete a minimum of six senior level credits through TRU and are subject to the academic and administrative requirements of TRU.

Academic Regulations

Students are subject to Faculty policies on advancement and examinations as outlined in Academic Regulations.

Degree Requirements

Requirements for the BBRE (120 credits) include the following:

General Education Requirements - 21 credits
6 credits of first year English
3 credits of Introductory Probability and Statistics4
3 credits of Finite Mathematics
3 credits of Calculus for Business and Management Sciences
3 credits of Introductory Microeconomics OR BUSI 100: Micro Foundations of Real Estate Economics1
3 credits of Introductory Macroeconomics OR BUSI 101: Capital Markets and Real Estate1

General Business Courses - 39 credits
3 credits of Business and Technical Writing
3 credits of Business/Commercial Law
3 credits of Computer Applications in Business
3 credits of Organizational Behaviour
3 credits Industrial Relations
3 credits of Introductory Finance
3 credits of Introductory Marketing
3 credits BUSI 293 Introductory Financial Accounting
3 credits of Introductory Managerial Accounting
3 credits of Business Statistics
3 credits of Managerial Economics
3 credits of Business Ethics
3 credits of Business Policy

Real Estate Core Courses - 27 credits
3 credits BUSI 1111 BC Real Property Law or BUSI 1121 Canadian Real Property Law
3 credits BUSI 1211 Foundations of Real Estate Mathematics
3 credits BUSI 2212 Real Estate Finance in a Canadian Context
3 credits BUSI 3001 Urban and Real Estate Economics
3 credits BUSI 3301 Foundations of Real Estate Appraisal
3 credits BUSI 3311 Real Estate Investment Analysis and Advanced Income Appraisal
3 credits BUSI 4002 Residential Property Analysis
3 credits BUSI 4012 Commercial Property Analysis
3 credits BUSI 4252,3 Land Use Regulation: Local Government Law and Planning

Real Estate Specialty/Elective Courses - 15 credits
Plus at least 15 credits from the following specialty courses:
3 credits GEOG 350 Introduction to Urban Geography OR URST 400 Urban Studies
3 credits BUSI 3525 Case Studies in Residential Appraisal
3 credits BUSI 344 Statistical and Computer Applications in Valuation
3 credits BUSI 4332 Real Estate Business
3 credits BUSI 4412 Residential Property Management
3 credits BUSI 4422 Case Studies in Appraisal I
3 credits BUSI 4432 Foundations of Real Property Assessment and Mass Appraisal
3 credits BUSI 4442 Advanced Computer Assisted Mass Appraisal
3 credits BUSI 4452 Real Estate Development I
3 credits BUSI 4462 Real Estate Development II
3 credits BUSI 4512 Commercial Property Management
3 credits BUSI 4522 Case Studies in Appraisal II
3 credits BUSI 460 Critical Analysis and Forecasting in Real Estate
6 credits BUSI 497 Agricultural Guided Case Study OR BUSI 499 Income Property Guided Case Study

Unspecified Electives
18 credits of elective courses, which can be General Education, General Business, or Real Estate Specialty/Elective Courses.

Notes:
1 Required courses for the Urban Land Economics Diploma.
2 Specialty/Elective courses for the Urban Land Economics Diploma.
3 Under development; An approved substitute, normally an additional "Real Estate Specialty/Elective Course", may be taken in lieu until such time as it is available. Alternate TRU-OL course: ADMN 446 Local Govt Land Use Planning
4 Completion of BUSI 121 exempts students from "Introductory Probability and Statistics", enabling students to select a further 3 credits of elective courses.
5 Students cannot receive BBRE credit for both BUSI 352 and BUSI 442/452.

Course Information

Real Estate Division courses are sophisticated, technical and specialized. Students should expect to commit at least ten hours per week (per course) to their studies and assignments. The material is not easy. Diligence, organization and self-discipline are essential. Most of the real estate courses are approximately 13 weeks in length and are offered in two Winter terms and some are also offered in the summer. Most students are working professionals and find one course per term manageable. Students wishing to accelerate their program may choose to take more than one course concurrently. Subject to prerequisites, students may take courses in any order.

Most TRU-OL courses are offered on a continuous enrollment basis with a maximum completion time of 30 weeks. For further information, visit the TRU website http://www.tru.ca/distance/, contact TRU (250-852-7000 or toll-free in Canada: 1-900-663-9711), or email: student@tru.ca.

Registration

To register for courses beginning in January, June or September, you may register online. Alternatively, a printed application form may be forwarded to the Real Estate Division prior to the applicable registration deadline. Your application form must be accompanied by the appropriate tuition fee in the form of a certified cheque, money order, Visa or MasterCard. Certified cheques and money orders must be made payable to the University of British Columbia.

For further information:

UBC Real Estate Division
PO Box 3510 Station Terminal
Vancouver, BC V6B 3Y4
Telephone: (604) 822-8444
Toll Free: 1-888-776-7733
Fax: (604) 822-1900
email: info@realestate.sauder.ubc.ca

Thompson Rivers University, Open Learning
Thompson Rivers University, Open Learning
Student Services
BC Centre for Open Learning, 4th Floor
Box 3010, 900 McGill Road
Kamloops, BC V2C 5N3
Canada
1.800.663.9711 (toll-free in Canada) or 250.852.7000 (Kamloops and International)
Fax: 1-250-852-6405
email: student@tru.ca
internet: http://www.tru.ca/distance/