A new real estate program will be starting up in September 2014. PHOTO: JESS TSANG

Real Estate at Rye

In Business & Technology, News /

By Charlie Bossy

Starting in September 2014, third-year business management students will have the option to major in real estate management.

The program was specifically de-signed for students seeking to work in all facets of the real estate industry, as well as students who want to expand their education beyond the basic bachelor of commerce degree.

Steven Murphy, dean of the TedRogers School of Management(TRSM), said that Ryerson’s location in downtown Toronto is a big factor in the creation of the pro-gram. “Real estate is a very vibrantpart of our economy. Offering realestate management we think willgive our students some edge ofcracking into the industry,” Mur-phy said. “Because we are ultra-urban we get how real estate issuesintertwine. I think when you live and breathe it every day, you have to start offering things that match the daily reality of students.”

Murphy says he’s excited by the major’s potential and sees buzz around the program from the student body. “Students are turned on by the possibilities of how they can contribute in a sustainable way to city planning,” Murphy said.

In comparison to other real estate programs, Ryerson’s is focused on building a better future. The program was designed around a philosophy of sustainability and development, which Murphy says fits into the DNA of Ryerson.

“Anyone can put up a condo building, but not everyone can create a community,” he said. “SoI think this program is far moreabout what you’re doing in realestate and how it connects to thecommunity. We are trying to in-still in students that profit is very short-term.”

Currently, students in business management may choose to major in economics & management science, entrepreneurship & strategy, global management studies,human resources management and organizational behaviour,law & business and marketing management.

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