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Is Property Management the Right Online Education Choice?

November 5th, 2012 by

Property ManagementThere really can be no question that an online education is best for busy individuals. Instead of needing to give up your current job, hire a babysitter to care for your children or spend hours commuting through traffic to get to a college campus, online courses give you the opportunity to earn your degree from the comfort of home. Thanks to live streamed lectures, prerecorded classes and online exams, all it takes to complete a degree is access to a computer, time to devote to the course itself and an Internet connection. For many people, the decision is not whether or not to pursue a degree online but simply what kind of degree to obtain. If you are interested in obtaining a career in real estate or managing property, then read on to learn about property management degrees and careers for graduates in this field.

Degrees Available in the Field

There are three different degrees available in the field of managing property. These three are the associate degree, the bachelor’s degree and the master’s degree. Of these degrees, the associate degree is by far the most popular. It takes just two years, on average, for students to complete the 60 credits required for the associate degree, and it is a great way to find entry-level positions in the field. Students eager to take on more of a challenge and pursue more prestigious careers in managing property and real estate may be interested in the bachelor’s degree. This four-year degree program typically consists of 120 credits. The final option for aspiring property managers is the master’s degree. This advanced degree takes two years to complete and requires a bachelor’s degree as a prerequisite. Although it takes the longest overall to achieve, it is worth it for those who want to secure the best careers in the rental property and real estate markets.

Typical Courses and Subjects

It is important to note that a degree in managing property at the associate degree level will consist of roughly 60 percent major-related classes and 40 percent general education classes. To fulfill the general education requirements, you may take courses in subjects like math, history or a foreign language. In relation to managing property, some of your courses might include drafting leases, marketing properties, tenant communications, business accounting, managing commercial property, affordable housing administration and Property Managementhousing for aging populations. The goal of all of these degrees is to create graduates who are efficient and educated property managers.

Career Opportunities for Graduates

A large number of graduates in this field will go on to become freelance property managers with their own businesses. These individuals will purchase property and market the housing to potential clients, and they will also collect rent and deal with tenants once they are official residents. However, there are also countless opportunities for property managers in other industries. Many graduates will go on to work as consultants for property development companies, as commercial managers for apartment complexes or elderly housing communities or even real estate developers.

What it Takes to Succeed as a Property Manager

There are a number of key characteristics that can help individuals to become successful property managers. Above all, property managers will need to be comfortable dealing with a range of different people and have excellent communication skills, both verbal and written. It will also be helpful for property managers to feel comfortable with basic math and accounting in order to determine how to best price property for rent or sale.

If you think you might be interested in an online property management degree, then learn more about the programs through accredited online colleges.

About the Author:

Sandy Davis

Sandy Davis is a long-time educator who holds a Master’s Degree in Education, having taught English, writing, and communication on the secondary and college levels. With ten years of experience in blogging, social media and content management, she is a freelance writer and content marketing specialist for a diverse range of clients.

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