Real Estate Courses in Canada for International Students
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Table of Contents
- Scope of Real Estate Course in Canada
- Eligibility Criteria to Study Real Estate Courses in Canada
- Documents Required to Study Real Estate Courses in Canada
- Best Real Estate Courses in Canada
- Cheapest Real Estate Courses in Canada for International Students
- Real Estate Course Fees In Canada
- Jobs After Real Estate Course in Canada
- Explore Real Estate Careers in Canada With ÿմ
Ever wondered about real estate courses in Canada? They cover the local property market, buying, selling, and investing in real estate, along with property law, marketing, sales, and finance.
Given the thriving real estate industry in Canada, these courses have gained significant popularity. But what exactly do they cover? Well, you'll get a comprehensive education that spans property law, marketing, sales, finance, and more.
Scope of Real Estate Course in Canada
Pursuing a career in real estate in Canada offers a compelling opportunity due to the country's robust property market and stable economy.
With a diverse range of property types and a strong demand for housing, commercial spaces, and development projects, Canada provides a fertile ground for real estate professionals.
Moreover, the industry's ethical standards and professionalism are highly regarded, making it an attractive choice for those seeking a rewarding and impactful career in the real estate sector.
- Canada's real estate industry is booming, offering abundant job opportunities due to a robust housing market and construction sector.
- The value of the Real Estate market is projected to reach US$ 7.82 trillion in 2023.
- Residential Real Estate dominates the market with a projected market volume of US$5.93 trillion in 2023. The value is expected to show an annual growth rate (CADR 2023-2028) of 4.06%, resulting in a market volume of US $9.54 trillion by 2028.
- Canadian real estate professionals enjoy some of the world's highest salaries.
- Canada Job Bank projects that 2022-2031, there will be 54,000 new job openings for real estate agents and salespersons, while 44,900 new job seekers will be available to fill these positions.
- As of October 2023, there are currently over 14,000 real estate jobs available in Canada, according to LinkedIn.
- Studying real estate in Canada provides globally applicable knowledge and skills, covering topics from property management to investment analysis.
Eligibility Criteria to Study Real Estate Courses in Canada
Now that you have grasped the benefits or scope of pursuing real estate courses in Canada, let us further explore the eligibility for real estate in Canada.
- For Bachelors in Real Estate:
- High school completion with a strong academic record, usually a minimum overall average of 60-70%, including English, Math, and relevant subjects.
- Some universities may require specific high school courses like calculus, accounting, and economics, so it's essential to have completed these or an equivalent pre-university program.
- Proficiency in English is crucial, as all courses are taught in English. You can demonstrate this through TOEFL or IELTS scores or by taking a university-conducted English language proficiency test. Some universities may also require prior real estate experience.
- Submission of letters of recommendation from academic or professional references.
- Ensure to submit your application along with the necessary documents before the application deadline.
- For a Master's in Real Estate:
- Strong academic background with a minimum GPA of 3.0 out of 4.0 in your undergraduate studies.
- Proof of English proficiency, typically through IELTS or TOEFL scores. Minimum score requirements vary by university but often include an overall band score of 6.5 in IELTS and 90 in TOEFL.
- Some work experience, preferably in real estate or a related field, such as internships or full-time employment.
- Submission of a personal statement detailing your motivation for pursuing the program and your career aspirations.
- Participation in an admission interview, which evaluates your communication skills, critical thinking abilities, and suitability for the program.
- For a Doctorate in Real Estate:
- Completion of a Master's degree in Real Estate or a related field with a minimum GPA of 3.0.
- Proof of English proficiency if it's not your first language, often through TOEFL or IELTS scores.
- Relevant work experience in Real Estate, which may include roles like a real estate agent, appraiser, developer, or broker.
- Submission of a research proposal showcasing your capability to conduct original research in the field.
- Strong academic references who can vouch for your research abilities and potential.
Documents Required to Study Real Estate Courses in Canada
To pursue real estate courses in Canada, you typically need to provide a set of required documents for admission. These documents may vary depending on the specific program and institution, but generally include:
- Academic Transcripts
- English Language Proficiency Test Scores
- Letters of Recommendation
- Statement of Purpose or Personal Statement
- Resume or CV
- Portfolio (if applicable)
- Visa Documents (for international students)
- Entrance Exam report (GRE, GMAT, etc.)
Best Real Estate Courses in Canada
Now that you have a grasp of the requirements and application process for real estate courses in Canada, let's delve deeper into the diverse range of real estate programs available in the Maple Leaf Nation.
Real Estate Courses in Canada After 12th
A bachelor's degree in real estate provides students with the essential knowledge and skills needed for success in the real estate industry.
This undergraduate program typically spans 3-4 years and offers various specializations, including real estate finance, development, investment, property management, law, and marketing. A few of the popular bachelor's degree programs related to real estate in Canada:
- Bachelor of Real Estate
- Bachelor of Real Estate Management
- Bachelor of Business Administration in Real Estate
- Bachelor of Commerce in Real Estate
- Bachelor of Arts in Real Estate Studies
- Bachelor of Science in Real Estate and Urban Economics
Top universities in Canada offering these real estate courses after 12th are as follows:
University Name |
Course Offered |
Course Fee (in CAD) |
Course Fee (in INR) |
---|---|---|---|
British Columbia Institute of Technology (BCIT) |
Diploma in Marketing Management - Professional Real Estate |
CAD 41,614 |
₹25,47,321 |
McGill University (Continuing Education) |
Professional Development Certificate in Residential and Condominium Property Management |
CAD 34,316 |
₹21,00,588 |
Seneca College |
Ontario College Diploma in Real Property Administration (Assessment and Appraisal) |
CAD 30,420 |
₹18,62,102 |
Langara College |
Continuing Studies Diploma in Real Estate |
CAD 37,524 |
₹22,96,960 |
Lakeland College |
Diploma in Business Administration - Real Estate Appraisal and Assessment |
CAD 36,970 |
₹22,63,048 |
Toronto Metropolitan University |
Bachelor of Commerce in Business Management - Real Estate Management |
CAD 153,728 |
₹94,10,167 |
Toronto Metropolitan University |
Bachelor of Commerce in Business Management - Real Estate Management (Co-op) |
CAD 192,160 |
₹1,17,62,709 |
University of Calgary |
Bachelor of Commerce (BComm) in Real Estate Studies |
CAD 111,592 |
₹68,30,892 |
Langara College |
Certificate in Real Property |
CAD 18,762 |
₹11,48,480 |
Also Read: How Much Gap Is Accepted For Study In Canada After 12th
Real Estate Courses in Canada After Graduation: Masters
Moving on to master's degrees in real estate, these two-year programs offer advanced expertise in real estate development, investment, and management. A few of the prominent master's degree programs in real estate in Canada:
- Master of Real Estate
- Master of Real Estate Development
- Master of Real Estate Finance
- Master of Business Administration in Real Estate
- Master of Real Estate and Infrastructure
- Master of Science in Real Estate
Top universities in Canada offering these real estate courses for masters are as follows:
University Name |
Course Offered |
Course Fee (in CAD) |
Course Fee (in INR) |
---|---|---|---|
York University |
MBA - Real Estate and Infrastructure |
$103,800 |
₹63,53,919 |
University of Calgary |
MBA - Real Estate Studies (Daytime) |
$39,663 |
₹24,27,895 |
York University |
International MBA - Real Estate and Infrastructure |
$103,800 |
₹63,53,919 |
University of Calgary |
MBA (Accelerated) - Real Estate Studies |
$23,798 |
₹14,56,749 |
University of Calgary |
MBA (Thesis Based, Evening) - Real Estate Studies |
$71,393 |
₹43,70,186 |
York University |
Master of Real Estate and Infrastructure |
$75,000 |
₹45,90,982 |
University of Toronto |
MBA - Real Estate |
$135,060 |
₹82,67,441 |
University of Alberta |
MBA in Real Estate |
$65,000 |
₹39,78,851 |
University of Alberta |
MBA (Fast Track) - Real Estate |
$1,660,791 |
₹10,16,62,167 |
Real Estate Courses in Canada After Masters: PhD
For those aiming for the highest level of expertise, a doctorate in real estate, which is research-oriented, takes approximately four to six years to complete.
Doctoral students have the flexibility to choose research topics within the realm of real estate, including economics, finance, and urban planning. A few of the prominent doctoral programs in real estate in Canada:
- Doctor of Philosophy in Real Estate
- Doctor of Philosophy in Real Estate Finance
- Doctor of Philosophy in Real Estate Economics
- Doctor of Philosophy in Real Estate and Urban Planning
- Doctor of Philosophy in Real Estate and Infrastructure
- Doctor of Philosophy in Real Estate and Environmental Studies
The top universities in Canada offering these real estate courses for Ph.D. are as follows:
University Name |
Program Offered |
Tuition Fee (Per Year in CAD) |
Tuition Fee (Per Year in INR) |
---|---|---|---|
University of British Columbia |
Ph.D. in Business Administration (Real Estate) |
$12,000 - $18,000 |
₹7,31,452 - ₹10,97,178 |
University of Toronto |
Ph.D. in Management (Real Estate Focus) |
$20,000 - $40,000 |
₹12,24,200 - ₹24,48,400 |
University of Calgary |
Ph.D. in Business Administration (Real Estate) |
$20,000 - $30,000 |
₹12,24,200 - ₹18,36,300 |
Ryerson University |
Ph.D. in Management (Real Estate Management) |
$26,000 - $40,000 |
₹15,90,060 - ₹24,48,400 |
University of Guelph |
Ph.D. in Management (Real Estate and Housing) |
$16,000 - $25,000 |
₹9,79,360 - ₹15,30,250 |
Simon Fraser University |
Ph.D. in Business Administration (Real Estate) |
$17,000 - $30,000 |
₹10,40,570 - ₹18,36,300 |
Cheapest Real Estate Courses in Canada for International Students
Are you interested in studying real estate in Canada without breaking the bank? Here's a list of cost-effective institutions where you can pursue your real estate studies in Canada.
- Langara College
- Humber College
- International Career Institute
- Thompson Rivers University
- Fleming College
Real Estate Course Fees In Canada
Curious about the costs of pursuing a real estate course in Canada? Don't fret; we've compiled average fees for real estate courses in Canada, categorized by the level of education, to simplify your search.
Degree Level |
Average Annual Cost (in CAD) |
Average Annual Cost (in INR) |
---|---|---|
Bachelor's |
$15,000 - $35,000 |
₹9,16,815 - ₹2,137,135 |
Master's |
$20,000 - $50,000 |
₹12,22,420 - ₹30,53,550 |
Doctoral (Ph.D.) |
$10,000 - $30,000 |
₹6,11,210 - ₹18,33,630 |
Having covered the financial aspects and degree-related expenses, let's now delve into the world of real estate jobs in Canada, unveiling the potential returns on your investment in education and expertise.
Also Read: Cost of studying in Canada for Indian students: Everything You Need To Know
Jobs After Real Estate Course in Canada
Having come this far, it's evident that you're keen to explore the various career avenues available after completing a real estate course in Canada.
Let's delve into the different career options you can pursue after your real estate education, along with insights into real estate salaries in Canada in Indian rupees and Canadian dollars.
Job Profile |
Average Salary (in CAD) |
Average Salary (in INR) |
---|---|---|
Real Estate Agent |
$113,415 |
69,43,154 |
Real Estate Broker |
$166,314 |
1,01,81,578 |
Real Estate Developer |
$106,249 |
65,04,458 |
Property Manager |
$80,000 |
48,97,520 |
Real Estate Appraiser |
$71,528 |
43,78,873 |
Investment Analyst |
$87,716 |
53,69,886 |
Real Estate Consultant |
$93,401 |
57,17,916 |
Urban Planner |
$78,790 |
48,23,445 |
Commercial Leasing Agent |
$66,734 |
40,85,389 |
Government/Nonprofit Housing Specialist |
$64,487 |
39,47,830 |
Also read: Guide To Post Graduate Work Permit in Canada 2023
Explore Real Estate Careers in Canada With ÿմ
Pursuing real estate courses in Canada can be a rewarding and promising venture for individuals interested in the dynamic world of property and development. Canada's robust real estate market, coupled with high-quality educational institutions, offers students a wealth of opportunities to gain knowledge, expertise, and practical skills in the field.
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Frequently Asked Questions
Is pursuing a career in real estate worth it in Canada?
Is there a demand for real estate agents in Canada?
Can someone from India become a real estate agent in Canada?
What's the process for obtaining a real estate license in Canada?
- Commence your real estate certification.
- Become part of a brokerage agency.
- Apply for licensing and successfully pass the licensing examination.
- Secure errors and omissions insurance.
- Fulfill articling or professional practice requirements.
- Attract your initial clients.
How long does it take to acquire a real estate license in Canada?
What is the average salary of real estate in Canada per month?