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Minor Requirements & Courses

Requirements

This minor requires a minimum of 15 credits in addition to prerequisites. You can take the foundational and elective courses in any order.

Prerequisites

Students must complete at least one course in economics at the University of Michigan or obtain a waiver from their home unit due to previous courses or mastery of the subject.

Course #TitleCreditDepartment/School
ECON 101Principles of Economics I4LSA
ECON 102Principles of Economics II4LSA
ECON 251Introduction to Statistics and Economics II4LSA
ECON 401Intermediate Microeconomic Theory4LSA

Test credits may not be used to meet the requirements of the minor, but they may be used to meet prerequisites.

Foundational Courses

Students must complete 6 credits of foundational courses, specifically:

  • URP 390: Real Estate Design and Development Fundamentals
  • And a financial management course:
    • FIN 300: Financial Management (BBA majors only), OR
    • FIN 302: Making Financial Decisions (non-Ross students only)
  • Engineering students that are not able to take URP 390 due to a schedule conflict can take URP 591 Financing Real Estate Development or URP 597 Acquiring and Repositioning Real Estate

Elective Courses

Students must complete a minimum of 9 elective credits from a list of pre-approved options.

  • The approved list of courses is dynamic and evolving; the latest version can be accessed here.
  • Only one elective may be below the 300-level.
  • Effective Winter 2025, suggested tracks will be introduced to offer broad flexibility in completing the minor.
  • Students are not required to identify or follow a track. Students have the option to commit to a single track or move between multiple tracks as they elect their coursework. Those who select courses beyond one of the pre-determined tracks will see ‘student-designated track’ reflected on their minor audit. 
  • Although some courses approved to count toward the minor do not fall into the new tracks, they will all still count towards requirements for minor completion.
Track 1

Finance and Investing

Course # Title Credit Department/School Fall 2025Winter 2025
FIN 466Real Estate Finance and Investments3RossNoYes
FIN 402Real Estate Fund1.5RossNoYes
FIN 419Real Estate Asset Management1.5RossNoYes
SM 341 Sports Finance3Kinesiology NoNo
SM 440 Sport and Economic Development3KinesiologyYesYes
BL 417Real Estate Law3RossNo
ECON 487Urban Economics3LSAYesYes
ES 444Finance for Societal Good3RossNoNo
TO 301Business Analytics and Statistics4RossYesNo
URP 591Financing Real Estate Development3Taubman YesNo
URP 595Public–Private Partnerships3TaubmanYesNo
URP 597Acquiring and Repositioning Real Estate3TaubmanNoYes
URP 402 Is a Career in Real Estate Right for Me?1TaubmanYesNo
Track 2

Development

Course #TitleCreditDepartment/SchoolFall 2025Winter 2025
FIN 419Real Estate Management1.5RossNoYes
SM 440Sport, Economic Development, and Urban Revitalization3KinesiologyNoYes
SM 442Sport Venues and Real Estate Development3KinesiologyYesNo
BL 417Real Estate Law3RossNoYes
URP 423Intro to Urban and Environmental Planning 3Taubman YesYes
URP 402 Sustainable Design and Construction in Real Estate3Taubman YesNo
URP 402Affordable Housing Development in Practice 3TaubmanYesNo
CEE 331Construction Contracting 4Engineering NoYes
CEE 402Professional Issues and Design4EngineeringNo Yes
CEE 435Building Information Modeling 3EngineeringYesNo
URP 402 Is a Career in Real Estate Right for Me? 1TaubmanYesNo
URP 595 Public-Private Partnerships3TaubmanYesNo
URP 596Fundamentals of Real Estate Development 3TaubmanYesNo

 

Track 3

Sustainability and Affordability

Course #Title Credit Department/School Fall 2025Winter 2025
ARCH 357Architecture, Sustainability, and the City 3Taubman NoYes
URP 423Intro to Urban and Environmental Planning3TaubmanYesYes
URP 482Housing Systems 3TaubmanNo Yes
URP 402Sustainable Design and Construction in Real Estate3TaubmanYesNo
URP 402Affordable Housing Development in Practice3TaubmanYesNo
CEE 537Construction of Buildings 3Engineering No Yes
BL 417Real Estate Law 3Ross NoYes
ENVIRON 407
CEE 307
Sustainable Cities 3LSA NoNo
ENVIRON 408Land Use Policy, Law, and the Environment 3LSAYesNo
ENVIRON 350Introduction to Landscape Changes 3LSANoYes
URP 402Is a Career in Real Estate Right for Me?1TaubmanYesNo