Shaping Leaders for the Dynamic Property Market
Real Estate Management (REM) is a specialized business discipline that prepares students to drive innovation and lead organizational change in the dynamic property market. It emphasizes the strategic design, implementation, and management of corporate resources and business processes to maximize organizational performance.
The Bachelor of Business Administration (BBA) in Real Estate Management at Acsenda offers an interdisciplinary approach, combining theory and practice across various business domains. Students gain a well-rounded education in areas such as general management, marketing, human resources, accounting, international business, management information systems, and financial management.
This program develops the skills and knowledge required to apply real estate and management principles to address business challenges. It provides insights into strategic decision-making related to financial management, corporate governance, marketing, engineering construction, property management, and more.
The ASM BBA degree with a concentration in Real Estate Management is recognized by the Real Estate Institute of British Columbia (REIBC) as meeting the minimum educational requirements for Professional Membership with REIBC.
Graduates of the program who meet all additional membership requirements will be eligible to apply for Professional Membership and, upon acceptance, may pursue the RI designation in accordance with REIBC’s policies and bylaws. When you want the highest professional standards, look for an RI designation. It is the symbol of quality real estate knowledge, experience, and professionalism.
The Professional RI designation is granted in recognition of the achievement of rigorous standards of education and experience. Only individuals who have met specific qualifications can attain the RI designation and become Professional members of the REIBC. An RI is a designated, educated, experienced, and connected real estate professional.
REIBC’s approval reflects the alignment of ASM’s curriculum with the knowledge and competency expectations required for professional practice within British Columbia’s real estate sector. The Institute noted the program’s comprehensive coverage of key areas supporting professional readiness, industry standards, and ethical practice.
Whether you have years of career experience or are new to the industry, REIBC is your key to career advancement and to connecting with the real estate industry.
Graduates of the REM program are well-positioned for diverse career paths. Here are five in-demand roles in Canada, along with their salary ranges:
Salary Range: $60,000 – $95,000 per year
Oversee operations and maintenance of residential, commercial, or industrial properties, ensuring tenant satisfaction and profitability.
Salary Range: $55,000 – $90,000 per year
Conduct market research, evaluate property values, and analyze trends to guide investment decisions.
Salary Range: $68,000 – $95,000 per year
Manage lease agreements, negotiate terms with tenants, and ensure optimal occupancy rates for properties.
Salary Range: $71,000 – $103,000 per year
Plan and oversee construction projects, coordinating with stakeholders to deliver projects on time and within budget.
Salary Range: $75,000 – $130,000 per year
Strategically manage a company’s real estate assets, including acquisitions, sales, and leases, to align with business objectives.
Explore these trusted resources to learn more about career opportunities, salary ranges, and industry trends in Real Estate Management:
Review the complete program plan for the concentration.
Concentration Courses
REES331
Introduces the principles of real estate property appraisal theory and practice. It provides a first exposure to the steps and techniques of real property valuation and describes the importance of a highest and best use analysis in an appraisal. It introduces the underlying theory for the three approaches to value (direct comparison, cost, and income) and explains the strengths and weaknesses of each approach. Students apply the reconciliation process and complete the reconciliation to express an opinion of final value or value range and learn how to report their analysis and findings in an appraisal report using an appropriate format. Prerequisites: BUSI101, BADM130 and BADM301
REES332
Canadian Real Estate Law and Ethics covers the legal implications that a real estate professional in Canada must consider each time a real estate transaction occurs. It uses BC cases to demonstrate the entire process of the real estate transaction from the initial purchase and sale contract to the registration and protection of legal interests, including mortgages.
Topics include the rights and duties of the parties typically involved in the purchase, sale and finance of real estate that arise mainly from the law of contract along with regulatory requirements set out by statute.
Students will also be introduced to the concepts relevant to the ongoing ownership and management of land such as principles of tort law that apply to real estate, the law of leasing from both a residential and a commercial perspective, the law relating to strata properties, as well as other legal issues such as expropriation, environmental considerations, and taxation.
Prerequisite: BUSI 101, BADM 130 and BADM301
REES402
Real Estate Development and Management introduces the real estate interdisciplinary development process and provides students with an overview of real estate development cycle from the project idea to the cursory feasibility and planning phases which involve research analysis, design, and evaluation.
They also gain a comprehensive understanding of the organizational structures, contractual agreements, planning, procurement, performance management, locational factors, and leadership ethos. The course incorporates in-depth case studies in different types of real estate projects from across Canada to show the dynamic world of development and the impact of ineffective and poor management practices and are evaluated from economic, social, political, and environmental perspectives. The course concludes with the development of a strategic real estate development plan which includes an economic fea.
Prerequisite: REES 331 and REES 433
REES431
Commercial Property Management is intended to build upon the basic principles of real estate management introduced in previous courses while placing a special emphasis on the principles and practices of commercial, industrial, and retail property management.
Topics include property types, law, management agreements, marketing, leases, maintenance and security, budgets and controls, insurance, assessment and taxation, special use properties such as medical, industrial parks, commercial strata, personnel management, and tenant relations.
At the end of the course, students will also be able to offer valuable recommendations and ask relevant questions that will improve the commercial asset’s physical functionality and enhance the business’ financial performance.
Prerequisite: REES331
REES433
Real Estate Investment Analysis and Advanced Income Appraisal is intended to build upon the foundations of appraisal course taught at ASM. Students will be introduced to the theory and techniques in the analysis of income real estate investments and the appraisal process. Topics covered in this course include cash flow analysis, leasing, taxation, appraisal, and risk management.
Prerequisite: REES331
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