Online Property Management Degree Programs

Both a property management degree and a facilities management degree deal with managing physical spaces.

As a property manager you would be responsible for commercial buildings, landscaping and grounds, equipment, and supplies. Property managers are also responsible for building construction, repairs, and developing cost-efficient energy, parking, meeting security and maintenance standards etc. Property management and maintenance goes beyond managing and protecting real estate investments. Property managers also work in the development of new construction projects. They also purchase land for future construction. Facilities managers work on-site at hotels office buildings, apartment complexes, town home and condominium complexes, and colleges and universities. They are responsible for paying utilities, ensuring tenants are comfortable and coordinating repairs and maintenance.

Online Facilities Management Degree Programs

Colorado Technical University Online

• Bachelor of Science in Business Administration - Property Management

South University - Campus and South University Online

• Bachelor of Business Administration - Construction Management
• Bachelor of Business Administration - Real Estate

• Associate of Science in Construction Management

Sullivan University

• Bachelor of Science in Business Administration - Construction Management

Stevens-Henager College

• Associate of Science in Business Management and Accounting with emphasis in Property Management
• Bachelor of Science in Business Administration - Property Management

• Bachelor of Science - Construction Management

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Facilities Management Education and Training

A facilities management degree provides students with skills and knowledge in business management, project management, how to maintain tenant relations, as well as the fundamentals or real estate management.

In master in property management degree programs, you learn how to develop a comprehensive operational and marketing plan as well as accounting and financial management skills. You will also gain an understanding of real estate market influences, contracts and property portfolio management, and meeting clients needs and tastes.

Property management masters courses in property management would prepare you in areas that include architecture, engineering, information technology, interior design, architecture, engineering, and business administration courses. Some topics include: Residential property law, Commercial property law, Leasee and lessor laws, and Building compliance codes to mention a few. Skills learned include:

• Evaluating and selecting investment properties
• Maintaining and improving properties
• Managing daily operations
• Understanding tax advantage of properties
• Setting up leasing terms and conditions
• Minimizing operational expenses and turnover

Property Management Careers

In many situations, graduates would be working in industrial, commercial, and residential properties in a variety of settings. Work responsibilities in facilities management include:

• Space and workplace planning
• Managing employees
• Budgeting
• Real estate management
• Lease management
• Architectural planning and design

• Administrative Assistant: Working in office operations. Requires knowledge and training in human resource management and financial resources
• Maintenance Technician: Working in engineering and construction management. Knowledge of building structure is important.
• Facilities Supervisor: Working as an administrative professional who specializes in leadership operations and project management.
• Executive Assistant: Working as an assistant to high level managers such as company presidents and CEOs.

Expected Salary and Projected Career Growth

The United States Bureau of Labor Statistics predicts steady employment in property management over the next decade. With a property management degree, the median expected salary for a property manager as of 2012 is $78,722 annually, while the median expected salary for a residential property manager is $52,134. Federal jobs offer a slightly higher pay in addition to benefits.