Graduate Academic Information
W. P. Carey MBA in Real Estate
The MBA specialization in real estate is a rigorous two-year program. Students enroll in the first-year core coursework required of all students in this nationally-ranked and respected MBA curriculum. In the second year, students will concentrate on a track that best aligns with their career objectives. They may select from a tailored, flexible combination of finance, design, law or construction. At least 18 credit hours of real estate coursework and an intensive field study project are also required. These highly qualified graduates will be prepared to take leadership roles in corporate settings, entrepreneurial environments and professional organizations.
Graduate Real Estate Courses in the W. P. Carey School of Business
Real Estate Process I & II: Overview of real estate with an emphasis on finance and development. Introduction to real estate cash flow modeling using ARGUS with CoStar and LoopNet data. Also SNL, TREPP or Conquest. (2 x 1.5 hours = 3 hours in total)
Real Estate Capital Markets – Debt & Equity Modules: Real estate securitization from a debt (MBS) and equity (REIT, CREF, RELP) perspective. Bricks and sticks meets Wall Street. (2 x 1.5 hours = 3 hours in total)
Real Estate Development I & II: Emphasis on the role of finance in the development process and the interaction of finance with the various disciplines (law, urban planning, etc) including real options. (2 x 1.5 hours = 3 hours in total)
Practicum in Real Estate Analysis: Team field study project with site and supervision from a Real Estate Industry Scholar. (1.5 hours)
Real Estate Analysis: Case study course. Real world problems with a finance emphasis will be analyzed (Faculty & Real Estate Industry Scholars) (1.5 hours)
Real Estate Marketing: Locational analysis and GIS. (3 hours)
Real Estate Economics: Real estate from a macro-perspective. Big picture required to see where growth and development should occur. In depth analysis of real estate markets both housing and commercial – hot versus cold. Emphasis on spatial modeling using econometrics in conjunction with census and other data. (1.5 hours)
Other W. P. Carey MBA courses that support Real Estate
- Marketing Management
- Managerial Decision Analysis
- Financial Accounting
- Organization Theory and Behavior
- Skills Integration (FIN, ACC, ECN)
- Career Leadership
- Strategic Leadership
- Legal and Ethical Issues for Business
- Managerial Economics
- Operations and Supply Chain Management
- Managerial Accounting
- Management and Information Support Systems
- Strategic Management
Other Programs: College of Design and College of Law
The master of real estate development (MRED) will be offered through the College of Design. This 30-week accelerated, full immersion program is designed for mid-career professionals. Its nine program segments include valuation, segmentation, location, conceptualization, regulation, capitalization, construction, value realization and community. The courses will be taught by a transdisciplinary team from business, law, design and construction. The master’s of laws (LL.M) in real estate is being designed in the Sandra Day O'Connor College of Law to serve the specialized needs of the industry.
