Essential Information
Working in real estate does not always require formal training or a degree. However, many colleges and universities provide real estate classes for individuals who are interested in beginning their careers, as well as realty professionals looking for continuing education courses. In Indiana, there are four colleges that offer real estate classes, undergraduate degrees, program minors or certificates. Those four schools are profiled below; a comparison table listing specific programs offered and tuition prices is also provided.
Ancilla College
Ancilla College is a 2-year, private not-for-profit school offering certificate and associate's programs to students from its Donaldson location. The school's Department of Continuing and Professional Education offers a real estate salesperson course that prepares students for the Indiana Real Estate License certification exam. Individuals enrolled in this course take practice exams and engage in class lectures and discussions.
Ball State University
Based in Muncie, Ball State University offers more than 180 degree programs, including a bachelor's degree in urban planning with a minor in real estate development. The real estate classes which comprise the minor address the fundamentals of property development, management and mortgage banking. Students take classes in construction, public policy and real estate law. Completion of a minor in real estate development requires 25 credits and is typically earned in conjunction with the bachelor's degree in urban planning. Ball State also offers a graduate certificate in real estate development, which entails extensive coursework in urban planning, accounting, business administration, property management and urban design. That certificate consists of 15 credit hours.
Indiana University - Bloomington
One of the schools of the Big Ten conference, the main campus of Indiana University is located in Bloomington and offers a bachelor's program in business with a concentration in finance and real estate. Offered through the Kelley School of Business, the program includes coursework in real estate law, intermediate investments and real estate investment analysis.Students enrolled in the major can also look into the services offered by the Benecki Center for Real Estate Studies, which assists students with a mentor program and internship opportunities.
Indiana University - South Bend
The South Bend campus of the Indiana University system has existed since 1916 and currently offers two different real estate continuing education courses. The first, real estate sales prelicensing, teaches students the basics of real estate law, properties, management and ownership. The second, the real estate broker transition course, gives individuals the academic prerequisites needed to be a licensed real estate broker in the state of Indiana. The real estate broker transition course is completed over the course of three days and is generally offered once every season; the real estate prelicensing course is offered more often and is available in accelerated or traditional formats.
School Comparison: At a Glance
| School Name | School Type & Setting | Real Estate Programs Offered | Undergraduate Tuition & Fees (2018-2019) |
|---|---|---|---|
| Ancilla College | 2-year, private not-for-profit; rural | Real Estate Salesperson Course | $17,550 (all students)* |
| Ball State University | 4-year, public; small city | Real Estate Development Minor, Certificate in Real Estate Development | $9,896 (in-state)* $26,468 (out-of-state)* |
| Indiana University - Bloomington | 4-year, public; small city | Bachelor of Science in Business | $10,681 (in-state)* $35,456 (out-of-state)* |
| Indiana University - South Bend | 4-year, public; midsize city | Real Estate Sales Prelicensing Course, Real Estate Broker Transition Course | $7,344 (in-state)* $19,400 (out-of-state)* |
Source: *NCES College Navigator
