UND Nistler College of Business of Public Administration to introduce new real estate major

February 1, 2026 - 21:21

The University of North Dakota's Nistler College of Business & Public Administration is launching a new, comprehensive real estate major this fall, responding to strong student demand and a dynamic regional market. The program is designed to provide students with a solid foundation in property valuation, development, finance, and investment, preparing them for diverse careers in a critical sector.

This academic expansion is accompanied by a significant renaming. The Department of Economics and Finance will now be known as the Fransen Department of Real Estate, Economics and Finance. The change honors the contributions of Robert "Bob" Fransen, whose vision and support were instrumental in developing the new major. University officials cite Fransen's longstanding commitment to both the institution and the real estate profession as key drivers behind the program's creation.

The new curriculum aims to equip graduates with the analytical and practical skills required to navigate complex real estate transactions and market trends. Faculty note that the major fills a crucial gap in the region's educational offerings, providing a direct pipeline for talent into commercial and residential real estate firms, appraisal offices, and financial institutions. The initiative reflects a strategic move to align academic programs with evolving economic opportunities and professional pathways for students across the state and beyond.