Real estate markets—commercial and residential—are evolving, separately and together, due to various economic, social, and technical factors and advances. From the effects of e-commerce on retail properties to the demand for mixed-income and mixed-use developments, to the integration of a wide range of modern technologies, those pursuing careers in the field must be prepared to address significant changes while identifying new opportunities for growth. The MS in Real Estate offered by the Schack Institute of Real Estate provides you with the insights, analytical skills, and connections to build and grow your real estate career now and in the future. Earn your degree at NYU in the heart of the real estate capital of the world—NYC.
MS in Real Estate
On-site and Hybrid Study Options
Advantage of NYU SPS’s MS in Real Estate Program
- Can be completed in as little as 13 months
- Flexible full-time or part-time study options available
- On-site and hybrid study options available
- Core curriculum that focuses on the legal and accounting, finance and analysis, and global capital markets
- Choice of concentrations in: Real Estate Finance and Investment and Real Estate Asset Management
- Electives that focus on emerging areas—ESG, PropTech, Green Building, Sustainable Development and more
- Internships at leading real estate firms
- Study abroad opportunities and deep global perspective
Curriculum and Degree Requirements
You can find the full curriculum details for this program on this page of the University Bulletin. All other content, including this web page is for informational purposes only.
Day at Schack
Day at Schack is an introduction and welcome event to the Schack Institute of Real Estate. This in-person event is specifically designed for prospective and admitted graduate students. Attendees will have the opportunity to sit in on a class and meet clinical faculty and other members of the Schack community, including current student leaders, adjunct faculty, and advisors.
Discover NYU SPS: Graduate Admissions Information Session
Join an online session to learn more about our graduate degree programs, including the MS in Real Estate. Our admissions team will give you insights into the NYU SPS experience, share details about the application process, and offer tips for creating a successful application. Current students will also share their personal experiences, providing a firsthand perspective on life as an SPS student.
7:00 PM until 8:00 PM EDT
7:00 PM until 8:00 PM EST
7:00 PM until 8:00 PM EST
Who Should Earn the MS in Real Estate?
Given the scale and scope of the MS in Real Estate, recent graduates of NYU SPS as well as seasoned professionals who seek to change careers or advance in their current profession can benefit from this program of study. Its granular focus on investment analysis combined with a wide selection of electives in emerging fields afford the perfect balance for tailoring learning. This customization is designed to meet the changing needs of industry while allowing students to explore a variety of professional options. Internships, study abroad, and networking opportunities provide those at all phases of their careers, the critical connections for success.
The Hirsh Fellows Program
The Schack Institute of Real Estate Hirsh Fellows Program enrolls 15-20 exceptional full-time students who earn a Master of Science in Real Estate (MSRE) with a concentration in Finance and Investment.
Building upon the Schack Institute’s world-renowned graduate real estate curriculum, the Hirsh Fellows Program offers a highly specialized, one-year academic and co-curricular cohort experience that prepares students for management and executive positions in the real estate industry. The selected cohort enters the program in the summer term, beginning study in early May, prior to the start of the fall semester.
ALUMNI SUCCESS STORY
Scott Rechler ‘90
Chairman and Chief Executive Officer, RXR
Scott Rechler is the Chairman and Chief Executive Officer of RXR, one of the largest owners, managers, and developers of real estate and infrastructure in the New York metropolitan region, with an aggregate gross asset value of $21.8 billion, comprising approximately 29.5 million square feet of commercial properties and a multifamily residential portfolio of approximately 6,000 units under operation or development.
From 2011 to 2016, Rechler served on the Board of Commissioners as Vice Chairman for the Port Authority of New York and New Jersey. He later served on the Board of the New York Metropolitan Transportation Authority (MTA) from 2017 to 2019. In November, 2021, Rechler was elected to the Board of Directors of the Federal Reserve Bank of New York.
Rechler currently serves as Chair of the Regional Plan Association, Trustee and Vice Chair of the National September 11 Memorial and Museum at the World Trade Center, member of the Real Estate Board of New York (REBNY), Chair of The Feinstein Institutes for Medical Research, member of the Board of Trustees at Northwell Health, and as a member of the NYU Schack Institute of Real Estate Advisory Committee. He is a graduate of Clark University and the NYU School of Professional Studies Schack Institute of Real Estate.
Learn From Expert Full-time and Adjunct Faculty Members
MembersAt the Schack Institute of Real Estate you benefit from the knowledge and experience of full-time faculty members as well as adjuncts who have their finger on the very pulse of industry. Jerrod Delaine '12 (left) an adjunct instructor and a graduate of the Schack Institute, who recently launched his own commercial real estate firm to invest in black communities, teaches a variety of courses including one on public-private development. In addition to sharing their expertise, Schack faculty members share their industry connections, helping you to build a critical professional network.
Gain Global Insights Through Study Abroad
MS in Real Estate students benefit from study abroad opportunities that are available in the form of Global Field Intensives (GFIs). These experiences provide incredible perspective into business, finance, and real estate markets, attuning students to the cultural, socio-economic, and political forces that influence and affect real estate around the world Recent GFIs include trips to: London (pictured) Hong Kong, and Tokyo.
Benefit from Unsurpassed Networking and Industry Engagement
The MS in Real Estate provides unparalleled opportunities for students to network at various events through the Schack Institute of Real Estate. These events include the Annual Conference on Capital Markets in Real Estate, the Annual REIT Symposium, and the Annual National Symposium of Women in Real Estate. Schack also offers networking experiences through site visits and guest lectures. Here (left) the Schack Real Estate Institute Student Association (REISA) attends the ULI New York Tour of the Starret-Lehigh Building.
Internships and Job Opportunities
Through the Schack Institute for Real Estate and the NYU Wasserman Center for Career Development at NYU SPS,
MS in Real Estate Development students can get hands-on experience through an internship. Many MS in Real Estate students eventually have their internships evolve into permanent positions. Our graduates go on to careers at the following companies among many others.
FREQUENTLY ASKED QUESTIONS
Why choose a master's degree in real estate over an MBA?
While an MBA is desirable for some, earning a master's degree in real estate gives you the edge that you will need to break into the world of Commercial Real Estate. Industry leaders prefer the specialized degree in real estate over a general MBA.
Why earn a master's degree in real estate in New York City?
Earning a master's degree in real estate in New York City from NYU SPS provides you with incredible resources & ability to network with some of the largest real estate firms in the world. Our students have the opportunity the hear from real estate leaders in the classroom, as well as at our numerous annual professional events such as the Conference on Capital Markets, the REIT Symposium, and the National Symposium of Women in Real Estate.
Why choose a career in commercial real estate?
Commercial real estate is as rewarding a career as it is challenging. The opportunities are endless, as real estate professionals can find their niché in finance and investment, development, legal principles, economics, and market analysis.