Program accreditation
Association to Advance Collegiate Schools of Business

Program goal

The post-baccalaureate graduate Certificate in Real Estate and Urban Land Development is designed for professionals who seek an opportunity for advanced study in real estate and are more interested in the focused knowledge obtainable than receipt of a graduate degree. The certificate provides students the ability to advance their careers while receiving recognition for their academic accomplishment in the form of a graduate certificate. Many working professionals, especially those with undergraduate majors in the liberal arts, will find this program attractive since they can concentrate their energies on a tightly focused curriculum without enrolling in a large number of prerequisite courses. 

Student learning outcomes

  1. Graduates will demonstrate the ability to communicate the qualitative and quantitative dimensions of real estate valuation in a clear and well-organized manner. 
  2. Graduates will be able to select, conceptualize and apply the appropriate quantitative measurement and analysis to correctly value real estate. Such methods might include an economic and financial analysis of commercial real estate investments, alternative financing structures and/or surveys of recent trends in the securitization of commercial real estate debt and equity markets.  
  3. Graduates will be able to analyze the ethical dimensions of a real estate situation and relate those dimensions to professional ethical standards. Specifically, graduates will have an understanding of the Uniform Standards of Professional Appraisal Practice. 

VCU Graduate Bulletin, VCU Graduate School and general academic policies and regulations for all graduate students in all graduate programs

The VCU Graduate Bulletin website documents the official admission and academic rules and regulations that govern graduate education for all graduate programs at the university. These policies are established by the graduate faculty of the university through their elected representatives to the University Graduate Council.

It is the responsibility of all graduate students, both on- and off-campus, to be familiar with the VCU Graduate Bulletin as well as the Graduate School website and academic regulations in individual school and department publications and on program websites. However, in all cases, the official policies and procedures of the University Graduate Council, as published on the VCU Graduate Bulletin and Graduate School websites, take precedence over individual program policies and guidelines.

Visit the academic regulations section for additional information on academic regulations for graduate students.

Degree candidacy requirements

A graduate student admitted to a program or concentration requiring a final research project, work of art, thesis or dissertation, must qualify for continuing master’s or doctoral status according to the degree candidacy requirements of the student’s graduate program. Admission to degree candidacy, if applicable, is a formal statement by the graduate student’s faculty regarding the student’s academic achievements and the student’s readiness to proceed to the final research phase of the degree program.

Graduate students and program directors should refer to the following degree candidacy policy as published in the VCU Graduate Bulletin for complete information and instructions.

Visit the academic regulations section for additional information on degree candidacy requirements.

Graduation requirements

As graduate students approach the end of their academic programs and the final semester of matriculation, they must make formal application to graduate. No degrees will be conferred until the application to graduate has been finalized.

Graduate students and program directors should refer to the following graduation requirements as published in the Graduate Bulletin for a complete list of instructions and a graduation checklist.

Visit the academic regulations section for additional information on graduation requirements.

Other information

School of Business policies and procedures for graduate master’s degree students are available on the school’s website.

Apply online at

Admission requirements

Degree: Semester(s) of entry: Deadline dates: Test requirements:
Certificate Fall Jul 1
Spring Nov 1
Summer Mar 1

Degree requirements

In addition to the VCU Graduate School graduation requirements, in order to be eligible to receive the certificate, a student must maintain an overall GPA of 3.0. Eighteen credit hours beyond the bachelor’s degree are required for completion of this graduate certificate program. A maximum of one three-hour course taken at another AACSB-accredited institution may be transferred into this program. Students interested in later applying for admission into either the Master of Business Administration program with a concentration in real estate or the Master of Science in Business with a concentration in real estate valuation must do so through a separate application process. Admission is dependent on the applicant having achieved a 3.0 GPA in the graduate certificate and a satisfactory score on the GMAT examination.

Curriculum requirements

Course Title Hours
FIRE 627Real Estate Development3
FIRE 629Real Estate Investment Analysis3
FIRE 638Real Property Investment Law3
FIRE 658Real Estate Finance and Investments3
Select two of the following:6
Financial Markets
Cases in Financial Management
Financial Management
Service Quality Management
Marketing Analytics
Statistical Analysis and Modeling
Applied Multivariate Methods
Developing and Implementing Forecasting Methods for Business
Introduction to Geographic Information Systems
Total Hours18

The minimum total of graduate credit hours required for this certificate is 18.

Graduate program director
Austen Gouldman
Director, graduate programs
Phone: (804) 828-4622

Additional contact
Graduate Studies in Business
Phone: (804) 828-4622

Program website: