The MS in Real Estate provides the fundamental knowledge and the advanced analytical skills required for success in the complex and continually evolving real estate industry.
Under the guidance of a distinguished faculty of prominent professionals in the real estate industry, students acquire knowledge of cutting-edge trends in real estate finance, real estate law, real estate economics and market analysis, as well as key aspects of the real estate development process, and asset and portfolio management.
The degree requires that students complete 42 credits comprised of a three-tiered core curriculum, which provides a broad foundation for the entire discipline of real estate; a choice of two concentrations, each including a capstone project; and two electives.
Students are required to take all of the following courses.
Tier I12 Credits
Tier I courses lay the groundwork for understanding the legal and accounting environment in which transactions take place, as well as the macro forces underlying current and future demand of the various forms of real estate.
Tier II12 Credits
In Tier II courses, students learn the fundamentals of corporate finance and the process of analyzing demand for a particular property type at a specific location. The Development Process course examines every phase of the process, from proposal through contracts to project completion. Students also learn to develop their negotiating skills and to explore the range of options within the arena of dispute resolution, including mediation and arbitration.
Tier III3 Credits
In Tier III, students acquire a solid grounding in the broader public equity and debt markets, and learn the financial analysis and cost of capital metrics that are employed on Wall Street. The course work examines the world of securitized real estate and the global capital markets.
Students select one of the following concentrations.
This concentration provides students with an in-depth understanding of real estate finance and investment. Students are also required to take two electives from a wide range of courses that vary from real estate derivatives to international real estate investment.
Students choosing this concentration are required to take the following three courses.
This concentration provides students with the practical, hands-on skill set to evaluate, acquire, and manage institutional and family-owned real estate portfolios. The program teaches the development of business plans and the evaluation of alternative strategies. Students learn the importance of value enhancement, portfolio diversification, and due diligence when acquiring properties. Students also gain the confidence and tools to reposition, market, and lease real estate, as well as to present strategies to investors and lenders.
Students choosing this concentration are required to take the following three courses plus two electives.
Students select any combination from either the list below, from another concentration in this program, or, with permission from the program director, from the MS in Construction Management or the MS in Real Estate Development.
Please note that not all courses are offered every semester.