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Information for Sponsors-Real Estate Lab-Practicum

Course Description: This course offers Kellogg students an experiential learning opportunity in real estate by working at a real estate firm in the Chicago area. The host firm determines the project(s) that students will focus on and students commit to between 150 and 200 hours during the 10-week quarter. There is no compensation paid to students and no expectation of a full-time position after the program is completed. Real estate firms select students by reviewing resumes online and then interviewing students (by phone or in person) during the weeks prior to the quarter start date.

Student Demographic: Consists of second-year 2Y students, second- or third-year JD/MBA students, Evening & Weekend students and 1Y students. Students enrolled must have completed substantial financial/real estate prerequisites. Many of them want to enter the real estate industry after graduation.

Student Responsibilities: These will vary considerably based on sponsoring firm. Each student is required to sign a confidentiality agreement.
Sponsoring Firm Commitment: The firm is encouraged to supply the student with guidance in their respective responsibilities/tasks and give continual, constructive feedback throughout the 10-week period. The student’s grade is based principally on feedback the firm gives to the Kellogg faculty advisor.

Advanced Planning: The sponsoring firm and student are strongly encouraged to make contact at least one month prior to the start of the quarter. This will allow time to determine the nature of the student project prior to the beginning of the quarter. The student can then be ready to start projects immediately.

Participating Firms: Firms have the option to participate or not during each quarter during which the Practicum is offered (currently Winter quarter).
Those interested in becoming a Real Estate Lab-Practicum sponsor should contact Denise Akason for more information