Academic Programs Catalog

The Eli Broad College of Business and The Eli Broad Graduate School of Management

The School of Hospitality Business

Undergraduate Programs
Minor in Hospitality Business Real Estate Investment Management

The Minor in Hospitality Business Real Estate Investment Management prepares students for careers focused on hospitality real estate including acquisition, appraisal, asset management, brokerage, consulting, development, investment analysis, market analysis, and mortgage lending. The minor may especially benefit students majoring in accounting, construction management, economics, finance, general management, hospitality business, human resource management, interior design, landscape architecture, marketing, supply chain management, and urban and regional planning.

The minor, which is administered by The School of Hospitality Business, is available as an elective to students who are enrolled in bachelor’s programs at Michigan State University. With the approval of the department or school and college that administers the student’s degree program, courses that are used to satisfy the requirements for the minor may also be used to satisfy the requirements for the bachelor’s degree program. In certain cases, prerequisites for minor requirements may be waived with advance approval. The student’s program of study must be approved by the Director of the Minor in Hospitality Business Real Estate  Investment Management.


Admission

Students seeking admission must contact the Assistant Director of Undergraduate Academic Programs in The School of Hospitality Business, and complete an application for admission. Applicants are strongly encouraged to have completed Accounting 201, Economics 201 and 202, and the university mathematics requirement. Students can apply at the time they have been formally accepted to a degree program.

Requirements for the Minor in Hospitality Business Real Estate Investment Management

Students must complete the requirements specified below (19 or 20 credits):

               
1. All of the following courses (12 credits):  
  HB 311 Hospitality Finance 3
  HB 382 Hospitality Business Real Estate Investment Management 3
  HB 473 Hospitality Business Analytics 3
  HB 482 Advanced Hospitality Finance 3
2. One of the following courses (3 or 4 credits):  
  CMP 325 Real Estate Principles and Construction Finance 4
  EC 330 Money, Banking, and Financial Markets 3
  HB 358 Hospitality Business Ownership 3
  HB 437 Hospitality Revenue Management 3
  UP 400 Special Topics in Urban Planning 3
  UP 458 Housing and Real Estate Development 3
  Topics in UP 400 must have prior approval from the Director of the Minor in Hospitality Business Real Estate Investment Management.  
3. Four credits from the following course (4 credit):  
  HB 492 Hospitality Business Real Estate Professional Skills Workshop 1 to 4
4. Completion of 400 hours of work experience completed through an internship over a period of at least 10 weeks. Students should complete HB 311, HB 382, and HB 492 workshops prior to seeking the internship to ensure competency for placement. The internship must have prior approval from the Director of the Hospitality Business Student and Industry Resource Center.