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Baruch College launches new Department of Real Estate.

Baruch College's Zicklin School of Business has added a Department of Real Estate to its curriculum John Elliott, Dean of the Zicklin School, announced the creation of the new department, the first in New York City to offer a BBA in real estate studies to undergraduates.

"During the past decade real estate has become an increasingly important sector of the nation's economy," Elliott noted. "The formation of a department of real estate within the Zicklin School is a response to the pervasive impact of real estate on our economic life and on our society as a whole. Our goal is to train leaders of tomorrow in real estate and related fields."

Ko Wang, a Taiwan-born scholar who earned a PhD in Real Estate Finance from the University of Texas at Austin, will head the new department. Professor Wang holds the William Newman Chair in Real Estate Finance and has previously taught in Texas, California and the Chinese University of Hong Kong (CSUF). He has published extensively in real estate and finance journals and has a deep knowledge of international markets and cycles.

"New York has the world's most important real estate market. It's the ideal place to establish an academic program--you could never do this in Iowa," Wang said.

The BBA in real estate was formally approved by the New York State Department of Education in August 2005. In addition to granting the BBA degree, the Zicklin School offers an undergraduate real estate minor and an MBA track specializing in real estate. A PhD program is being planned in conjunction with the Department of Economics and Finance.

The Zicklin School's real estate curriculum for the 24-credit major includes courses in valuation and asset management, real estate finance, and the law of real estate transactions. Faculty for the new programs will be drawn from the Departments of Law, Economics and Finance and the School of Public Affairs, as well as the real estate industry.

The new Department of Real Estate at the Zicklin School further enhances the College's offerings in the real estate area. Certificate programs in real estate are offered through the Division Continuing and Professional Studies. The School of Public Affairs offers a BS degree in real estate and metropolitan development and The Steven L. Newman Real Estate Institute has extensive programs.
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Publication:Real Estate Weekly
Date:Feb 15, 2006
Words:383
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