What This Document Is
This is a detailed syllabus for UGBA 183, Introduction to Real Estate Finance, offered at the University of California, Berkeley’s Haas School of Business. It outlines the course structure, expectations, and key areas of study for a semester-long exploration of real estate financial principles. This document serves as a roadmap for students intending to understand the complexities of real estate investment and finance.
Why This Document Matters
This syllabus is essential for prospective students, current students enrolled in the course, and anyone interested in the curriculum covered in a top-tier university’s real estate finance program. It’s particularly valuable for those deciding if the course aligns with their academic and professional goals, or for planning their study schedule and understanding assessment criteria. Reviewing this syllabus *before* committing to the course will help you gauge the depth and breadth of topics explored.
Topics Covered
* The structure and operation of the U.S. mortgage market
* Sources of structured finance applied to real estate investments
* Mortgage and lease contract design and evaluation
* Pricing strategies for mortgage products (residential and commercial)
* Mortgage-backed securitization and the bond market
* Risk sharing in mortgage finance
* Financial mathematics related to mortgages (yields, duration, convexity)
* Commercial and residential mortgage contract design
* Prepayment options and mortgage pricing models
What This Document Provides
* A comprehensive course overview detailing the core learning objectives.
* A list of required textbooks and readings to support the course material.
* A breakdown of assessment components, including exams, case studies, and a final project.
* A detailed grading scheme outlining the weight of each assessment.
* A week-by-week schedule of topics and assigned readings.
* Specific dates for the midterm examination.
* References to relevant academic articles and industry reports.