M.S. in Real Estate

Core Curriculum

Students are required to take all of the following courses.

Tier I (12 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.

Principles of Real Estate Accounting and Taxation / REAL1-GC1005		3
Real Estate Finance / REAL1-GC1035		3
Real Estate Economics and Market Analysis / REAL1-GC1045		3
Legal Principles and Practices / REAL1-GC1050		3

Tier II (12 Credits)

In Tier II courses, students learn the fundamentals of corporate finance, and how to analyze 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.

Real Estate Valuation and Feasibility Analysis / REAL1-GC1055		3
The Development Process / REAL1-GC1060		3
Corporate Finance / REAL1-GC1070	3
Negotiation and Dispute Resolution / REAL1-GC1080	3

Tier III (3 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 coursework examines the world of securitized real estate and the global capital markets.

Concentrations

(Choose One Area of Concentration)

Finance and Investment

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 three courses below:

Strategic Real Estate Management

This concentration provides students with the necessary theoretical background and expertise to fulfill managerial and decision-making roles in asset management; corporate and institutional real estate; and portfolio management in a regional, national, or international context. Participants acquire the knowledge and the skills required for property acquisition, disposition, and workout functions.

Students choosing this concentration are required to take the three courses below plus two electives.

Electives

Students select two courses from either the list below, from another concentration in this program, or, with permission from the program director, from the M.S. in Construction Management or the M.S. in Real Estate Development. Please note that not all courses are offered every semester.