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Goodwin offers new degree

Loren McFalls

Issue date: 5/15/09 Section: News
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In response to a changing real estate climate, Drexel University's Goodwin College of Professional Studies created a new degree program that will begin fall 2009.

"Our College's Customized Learning Solutions team worked closely with national and regional real estate associations to create the curricula for these programs, which respond to the industry's need for university-educated property management professionals," Ann Solan, director of Multidisciplinary & Emerging Programs at the Goodwin College of Professional Studies, said.

Both bachelor's and master's degrees of science will be available in property management, as well as undergraduate credit certificates in residential property management and commercial property management.

The program is made up of 45 post-baccalaureate credits with 30 credits in Core Foundation Courses. According to the Goodwin College Web site, the Core Foundation Courses include the subject areas: environment, facilities management, property law, financial analysis, risk management, development and technology.

Beyond the core foundation courses, students can select from a list of elective courses in which they can specialize their education. Three types of property are featured in the program: residential, commercial and retail.

"This is a fantastic field for our students to pursue, as the employment of property, real estate and community association managers is projected (according to the 2008-2009 Occupational Outlook Handbook) to increase by 15 percent during the next decade, creating a demand for more experienced, better educated professionals," Solan said.

Drexel's Bachelor of Science in property management will also include a minor in business. The B.S. also allows students to focus on specific areas of study within the property management field by offering concentrations in residential housing management, affordable housing management, housing for an aging population and commercial property management.

The online master's degree provides graduate study for experienced managers who already have undergraduate degrees in areas outside of property management or real estate.
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