MBA programs usually last 1-2 years and emphasize investing, property development, and finance. These programs also focus on specialized areas of study, such as commercial mortgage-backed securities, asset-pricing models, mergers and acquisitions, property management, and consulting through a real estate lens.
Prerequisites for these programs may include a bachelor's degree, relevant work experience, and a real estate license.
Master of Business Administration in Real Estate
Some, although not all, graduate real estate programs require applicants to have a minimum amount of work experience and be licensed in real estate in order to enroll. The typical master's-level real estate curriculum consists of a combination of theory and practice, including real-life examples and case studies. Classes required to earn a master's degree include basics of real estate, real estate law, managerial statistics, real estate appraisal, and investment property analysis. Minimum hours of coursework vary by program, with some requiring as little as 32 hours and others well over 60. Courses that can typically be found in real estate master's degree programs include:
- Real estate finance and law
- Market analysis and capital markets
- Construction planning and operations
- Real estate risk and opportunities
- Negotiation and dispute resolution
- Land use regulation
Popular Career Options
Graduates of MS or MBA programs in real estate can go on to a wide variety of fields and earn well into the six figures, depending on the career path. Options include:
- Real estate broker
- Property manager
- Property or land usage developer
- Financial service adviser specializing in real estate
- Real estate consultant
Graduate students interested in pursuing real estate can seek master of business administration in real estate or master of science in real estate programs. These programs delve into several aspects of real estate, including property management, regulations, and more, preparing students for various careers in related fields.