While many people go back to school to major in a four-year degree, many people also go back to school and only take a few courses because they don’t have the time to fit a busy school schedule into their lives.
After all, if you’re a landlord and already have a full-time work schedule, then there’s no possible way you can add a full course load to your schedule, right? Now more than ever, that’s simply not the case.
Thanks to Excelsior College, you can take your education with you as the college offers online classes that allow you to fit your studies into your life.
While there are many degrees, from associate’s to bachelor’s to master’s, and classes professional landlords can choose from, for this article, we will feature three Excelsior College courses that’ll help you become a better landlord.
Introduction to entrepreneurship
As a landlord, you set up a business and take a risk, which goes hand in hand with entrepreneurship.
Excelsior College provides an informative and educational introduction course to entrepreneurship that will help you develop “skills in opportunity recognition, business concept development, and preliminary feasibility testing.”
While entrepreneurs are known as people who risk their own money on businesses and ideas, they also know their way around business plans, finances, and other practical areas, areas that will help you become a better landlord.
This course will be especially beneficial for landlords who manage multiple properties or businesses.
Business ethics
Having enough money to start your own landlord business is great, but there are ethical codes in the business world that, unfortunately, too few business people follow. Some of that involves owners not knowing the proper codes and ethics, which is why a business ethics course is essential for landlords.
After all, “Today's complex, dynamic global environment requires business professionals who acknowledge, understand, and act appropriately when faced with inherent ethical challenges.”
“This course prepares business professionals for these challenges by exploring ethics theory, personal values, and impacts of organizational culture.”
No matter what industry you’re trying to conquer, this information is invaluable.
Business ethics is crucial for landlords and business owners alike, especially when it comes to the process of a tenant background check and so many other areas. You want to make sure you pick the right tenant, but you also want to ensure your decision is ethical, as is everything relating to your business.
Financial accounting
Every business owner should take a course in financing because it will help teach the owner how to keep track of the company’s financial transactions (among many other monetary issues).
Even if you have a financial or accounting guru on your team, it’s important to have a basic knowledge on how financial accounting works so you can better understand the financial side of your business and devise realistic and strategic plans.
In this financial accounting course, students will develop “skills of basic financial accounting principles in the pursuit of organizational goals and strategies.”
“Topics covered include financial statement analysis, accounting information systems, operating decisions, and financing.”
There’s so much that goes into being a landlord. Luckily, Excelsior College provides the perfect opportunity for landlords (as well as many other professionals) to increase their knowledge and skills in the property management realm. Even more, this college allows professionals to take classes in an online setting so they can tailor their studies around their lives.
Classes are offered every eight weeks, and students can earn their associate, bachelor’s, or master’s degree.