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Online Masters Degree in Property Management

As a property manager, you would take care of many different aspects of residential, commercial or industrial properties. You might handle anything from rental contracts to supervising landscaping staff. In addition to the work experience needed for most management positions, a master's degree can contribute valuable business and financial knowledge.

Earning master's degrees in property management

The master's degree program offers foundation courses that are useful in property management and can also be applied in a wide variety of other jobs. Typical courses include these:

  1. Advanced management of government housing
  2. Ethics, trends and issues
  3. Housing decisions
  4. Maintenance for managers
  5. Marketing and leasing
  6. Senior housing options
  7. Statistical methods

Master's degrees in property management usually require a research project and thesis. If you pursue a master of arts in property management, you might be expected to complete a creative project as well. Many schools require internships that give you hands-on experience before you graduate.

In some cases, students who already have extensive property management experience can test out of certain electives, potentially shortening the path to a master's degree. Many programs prepare you to sit for the Certified Apartment Manager designation exam.

Career options, outlook and salary

Advancement is often dependent upon your level of experience. You might begin working with one apartment complex or office building, then gradually move up in the ranks until you are responsible for several properties, perhaps even spread out over several states. Those who have worked in property management for a while can branch out into related fields, such as insurance, real estate, titles, loans or finance.

Property, real estate and community association managers made a median annual wage of $51,480 in 2010, according to the Bureau of Labor Statistics. As many people choose to rent rather than purchase properties, the BLS expects demand for property managers to increase by 6 percent from 2010 to 2020. Job opportunities should be best for those with a degree in a related field and professional certification. Strong prospects are likely for experienced managers of senior housing and health care facilities.

For those who want to go even further with their education, the Ph.D. in property management is available. Many degree options can be completed online, allowing you to gain the valuable work experience you need while earning the degree that can boost your qualifications.

Featured Online Property Management Degree Programs

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