T
his fall, the University of Central Oklahoma is marking a significant milestone in higher education and real estate. After two decades of offering only a minor in real estate, UCO will now offer an undergraduate degree in the field, making it the sole institution in Oklahoma to do so. As students return for the new semester, they're filled with excitement and anticipation, ready to embark on their academic journey.

    For years, students passionate about real estate had to pursue related degrees and minor in real estate before seeking a full program elsewhere – often in neighboring states like Texas or Kansas. UCO's decision to offer a major has bridged this gap, positioning itself as the premier workforce provider in Oklahoma.

    The opportunities in real estate are vast and diverse, spanning from brokerage and property management to development, appraisal, finance, and investment. Students can explore various paths within the industry, including commercial real estate, residential brokerage, multifamily development, or careers in banking, mortgage lending, urban planning, or public policy.

    UCO's program stands out with its practical approach. By completing just two courses – Real Estate Principles and Real Estate Practice – students become eligible to sit for the Oklahoma real estate licensing exam upon graduation. This means they can enter the workforce directly after earning their degree, equipped with both knowledge and a clear career path.

    For Oklahoma, this development is more than an academic addition; it's a recognition of the importance of well-trained professionals in guiding growth and investment. By offering a major in real estate, UCO is opening doors to new opportunities for its students and contributing to the state's future success.

    J. David Chapman, Ph.D., is chair of finance & professor of real estate at The University of Central Oklahoma ([email protected]).