PMGT – Property Management
PMGT 301
Introduction to Property Management
3 Credits Weekly (3-0-0)
Students are introduced the field of property management and will learn the scope and responsibilities of commercial and residential property managers. The course will discuss the different classifications of properties and ownership structures. Students review a brief history of property management and are introduced to the structure of managing a property management company as well as the agency role the manager plays with property owners.
Prerequisites: (MGTS 113 or MATH 114) AND (MGTS 103 or ACCT 215) AND (BUSN 201 or MGMT 121) AND (ACCT 311 or ACCT 101 and ACCT 322).
PMGT 302
Client Relations for Property Management
3 Credits Weekly (3-0-0)
In this course, students gain an understanding of client relations in the business of property management through exploration of current complex social, technological, or legal issues business and society have to deal with. In addition, they explore potential responses firms and other institutions may have to address these issues. Students integrate and apply concepts philosophies, and methods learned throughout the program to understand, analyze and render appropriate strategic and ethical judgments concerning the general management of organizations in today's global context.
PMGT 303
Revenue Management
3 Credits Weekly (3-0-0)
Students learn the application of the accounting function in the context of managing properties, various types of reporting that are utilized in the industry, and learn to interpret those reports, and come to conclusions and sound management decisions. Students examine the management of a property as a business venture of the investor, and how decisions in management can affect the value of the investment.
Prerequisites: PMGT 301; and FNCE 301 or MGMT 211 and ACCT 322 or ACCT-218.
PMGT 304
Legal Issues for the Property Manager
3 Credits Weekly (3-0-0)
Students learn about legal issues in the day-to-day management of the property as a business unit. Topics include property taxation, insurance, risk management, contracts, inspections, environmental hazards, life safety and disaster planning, maintenance strategies. Students will examine the legal rules for the tenancy cycle in detail including: move ins, rent collection, lease renewals, conflict mediation, enforcement and termination of tenancies. The role of the property manager in the condominium setting will also be reviewed.
PMGT 401
Commercial Property Management
3 Credits Weekly (3-0-0)
Commercial Property Management covers the knowledge required to manage commercial properties, such as industrial holdings, office buildings ,and retail outlets. The areas covered are leading and developing a property management team; risk, management; marketing, and ethics. Credit can be obtained in only one of MARK 324 or PMGT 401.
Prerequisites: PMGT 301.