The University of Ottawa has launched a program offering specialized instruction in real estate in response to interest from students and local companies.<\/p>\n
Designed for students completing a bachelor of commerce at the Telfer School of Management, the micro-program focuses on the development and management side of the real estate industry, with courses in finance and sustainability, said Dean St\u00e9phane Brutus.\u00a0<\/p>\n
\u201cThere are a few universities that have real estate programs, but there are none in the region, so we\u2019re the first one in the region,\u201d Brutus told OBJ this week. \u201cOur role is to produce the talent that the industry needs and to cater to the needs of students. It was so obvious to us that we had to create something to cater to the students and the industry.\u201d<\/p>\n
Launching in September, the program includes learning opportunities such as tours of development sites, case competitions and networking with local executives.\u00a0<\/p>\n
With a surge in development activity and an ongoing housing crisis, Brutus said demand for the program was so high that the process to design and approve it took only one year.\u00a0<\/p>\n
\u201cRarely do you see a university move so fast,\u201d he said. \u201cThis program went through six levels of approval in a year \u2026 The reason we went so fast is because the need was so acute. Both the business community and the student community were asking this of us, so we reacted appropriately and in proportion to the need.\u201d<\/p>\n
On the industry side, Brutus said local executives had expressed a need for entry-level talent with real estate-specific knowledge and skills. The program was designed through consultation with local experts, he added.<\/p>\n
\u201cThey can take somebody that has a bachelor\u2019s degree in marketing or business or HR and train that person on real estate 101, but then you lose a year or two getting that person ready because it\u2019s a specific industry,\u201d said Brutus. \u201cWhat these big players have been telling us is that they would love for us to bring in talent that\u2019s a bit more mature, so they can actually take them and accelerate their development. Now they can actually hit the ground running.\u201d<\/p>\n
Brutus said the school has noticed increased interest from students across multiple disciplines in the real estate industry. In one case, a group of students launched a real estate club, organized site visits, brought in guest speakers and learned about career paths in the industry on its own.\u00a0<\/p>\n
\u201cOur students were telling us they want to learn about real estate, because they want to get into that industry,\u201d said Brutus. \u201cThey realize that it\u2019s a breadth of talent that\u2019s needed \u2026 Real estate is not just finance. It\u2019s also marketing, HR, project management and analytics. There\u2019s a whole suite of skills and talent that are needed in real estate.\u201d<\/p>\n
Students are seeing an opportunity-rich sector with the boom in activity and the success of local companies.\u00a0<\/p>\n
\u201cStudents are attracted to hot industries and real estate is hot. That\u2019s where the action is, that\u2019s where the money is, that\u2019s where the jobs are,\u201d he said. \u201cI think there are few businesses in the world that allow you to move to the top as fast as real estate. If you play your cards, you can achieve success.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The University of Ottawa has launched a program offering specialized instruction in real estate in response to interest…\n","protected":false},"author":2,"featured_media":784405,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194295],"tags":[49,48,20739],"class_list":["post-784404","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ottawa","tag-ca","tag-canada","tag-ottawa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/784404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=784404"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/784404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/784405"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=784404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=784404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=784404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}