Online MBA in Real Estate Programs
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Housing is a basic necessity, and the real estate industry continues to flourish even after slumps and the Great Recession. Considering the vast number of industry opportunities, many universities are now offering dedicated MBA programs with a concentration in real estate.
While there are not too many online MBA in real estate programs, students can explore other options, such as a master of science in real estate. Courses in both types of graduate programs are taught by seasoned real estate professionals, with a top-notch record in research. Students learn the fundamentals of urban planning, real estate valuation, and finance. Additionally, they gain insight into sustainable development, finance & investment banking, design, deal structuring, and international real estate.
Since relationships are a vital aspect of a career in real estate, these programs also offer students the opportunity to build a community of national and local professionals. Students are encouraged to participate in conferences, learn from industry experts, and apply their knowledge to capstone projects.
An MBA with a real estate concentration can open up doors in the public and private sectors. From developing and selling residential properties to managing large-scale investment portfolios, graduates have a vast range of careers to choose from. They can take up jobs in market analysis, real estate brokerage, property management, real estate investment consulting, and development.
This guide examines standout MBA in real estate programs offered online, including detailed profiles of three exceptional faculty members.
| Featured Real Estate Programs | ||
|---|---|---|
| Georgetown University SCS | Online Master's in Real Estate | Visit Site |
| Georgetown University | MS - Global Real Assets | Visit Site |
| Purdue Global | BS in Finance - Real Estate | Visit Site |
| Boston University | MS - Insurance Management | Visit Site |
| Thomas Jefferson University | Online iMBA - Real Estate Development | Visit Site |
| Sponsored | ||
Featured Online MBA in Real Estate Programs
Thomas Jefferson University offers an online innovation MBA program providing students with the intellectual tools required for interpreting current issues in multinational firms, such as portfolio effects of capital markets, foreign exchange markets, associated risk, and more. Through This iMBA program, students will also learn about effectively analyzing venture opportunities and creating practical and viable business plans. The program has several specialization options, including real estate development.
The real estate development specialization introduces students to the social, physical, and economic issues inherent in fiscally and environmentally sustainable real estate and land-use development. This 45-credit program includes courses such as sustainable real estate development process; real estate finance and investment; real estate law and ethical practices; competitive technical intelligence; accounting for management decisions; financial policy and planning; and operations from a systems perspective.
| Location: Philadelphia, PA |
| Accreditation: Accreditation Council for Business Schools and Programs (ACBSP); Middle States Association of Colleges and Schools |
| Expected Time to Completion: 18 to 24 months |
| Estimated Tuition: $796 per credit |
Florida State University offers an online, part-time MBA specializing in real estate. As part of the program, students benefit from the school’s Center for Real Estate Education and Research. The organization holds several events, such as the Real Estate Trends Conference and other research symposiums.
A wide variety of practical opportunities, such as real estate internships and real estate licensing opportunities enriches the MBA program. Taught by faculty members well-known for their research, the program ranks among the “Best Online MBA Programs” in 2022, according to the U.S. News and World Report.
Admission requirements include submission of GMAT or GRE scores and proof of prior work experience. Comprising 39 credits, the program dedicates 27 to the core curriculum. It is designed to make students knowledgeable in business fundamentals such as financial reporting and managerial control; the legal and ethical business environment; marketing strategy; and business policy.
Students pursuing the real estate specialization need to take nine credits of elective courses. Courses include real estate valuation; real estate investment; and real estate finance. Students learn how to inspect a real estate valuation, mortgage instruments, market operations, and evaluate real estate investment opportunities. They develop competencies such as decision-making and analysis.
At the end of the program, graduates can pursue several opportunities in commercial real estate. They can take up roles such as real estate brokers, real estate investors, and real estate consultants.
| Location: Tallahassee, FL |
| Accreditation: Association to Advance Collegiate Schools of Business (AACSB International); Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) |
| Expected Time to Completion: 42 months |
| Estimated Tuition: Florida residents ($780.18 per credit); non-Florida residents ($810.24 per credit) |
The University of Illinois at Chicago offers an online MBA program with real estate as one of its concentrations. This is not a 100 percent online program. They can take classes at night or on Saturdays, while some online courses are also available. This practical degree is the perfect option for working professionals who wish to take their knowledge and skills to another level. Students can start the program in spring, summer, or fall. To get accepted, they must have at least two years of work experience.
The program comprises 42 credits, divided into 26 credits of core curriculum and 16 credits of electives. The core courses take a deep dive into essential business concepts like financial accounting; corporate finance; microeconomics; marketing; organizational behavior; and operations management. The capstone project focuses on enterprise strategy.
The real estate concentration provides students with an understanding of urban planning and the economics and finance of real estate. It emphasizes urban real estate markets, using the city of Chicago as an example. Students study urban real estate and land economics; urban economics; investments; and real estate finance. The curriculum leans heavily on research and prepares students for a burgeoning real estate industry career.
On completion of the program, students have a strong grasp of the operation of real estate markets, methods of real estate finance, and systems for planning and regulating urban real estate. They can pursue myriad opportunities in the public or private sectors, doing real estate development.
| Location: Chicago, IL |
| Accreditation: Association to Advance Collegiate Schools of Business (AACSB International); Higher Learning Commission (HLC) |
| Expected Time to Completion: 16 to 24 months |
| Estimated Tuition: $4,600 per semester |
The College of Business and Economics at Longwood University offers an online master of business administration program with a real estate track preparing students to be industry leaders, taking up management-level roles in real estate development, commercial and corporate real estate, and investment management and finance.
This 100 percent online program enables students to grow their careers while continuing to work. They will study real estate development and economics and gain expertise in financing and planning, market demand, and construction of development projects.
To get accepted into the program, applicants must have a bachelor’s degree from a regionally accredited college or university, a minimum grade point average of 3.0, GRE or GMAT scores (waivers available), official transcripts from all colleges or universities attended, a current resume, recommendations, and a personal essay, among other requirements.
The program comprises 31 credits, out of which 25 credits are core MBA courses while the remaining are electives. The core MBA courses build essential business competencies, while the real estate concentration gives students a complete industry overview.
Students are trained to tackle challenges in real estate, as they learn real estate economics and development, and real estate finance and investment. The courses strongly emphasize practical application that helps students in their future jobs.
| Location: Farmville, VA |
| Accreditation: Association to Advance Collegiate Schools of Business (AACSB International); Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) |
| Expected Time to Completion: Ten months |
| Estimated Tuition: Virginia students ($426 per credit); out-of-state students ($436 per credit) |
Naveen Jindal School of Management’s Professional MBA program can be completed entirely online with no on-campus residencies required. This professional MBA includes a concentration in real estate, providing students with both an educational and practical basis for becoming skilled decision-makers within the industry.
Applicants to the program must have a bachelor’s degree from an accredited institution in the United States or its equivalent and submit application materials such as competitive GMAT or GRE scores, letters of recommendation, a current resume, an essay, and TOEFL or IELTS for international applicants.
Consisting of 53 credits, the program includes 32 credits of core MBA courses and the remaining 21 for electives. The real estate concentration includes courses such as introduction to real estate; real estate finance and investment; real estate market analysis and investment; real estate law and contracts; and special topics in real estate.
On successful completion of the program, graduates can take up roles such as real estate brokers, marketing managers or directors, financial analysts, knowledge officers, strategic planners, business managers, information analysts, healthcare executives, sales executives, and more.
| Location: Richardson, TX |
| Accreditation: Association to Advance Collegiate Schools of Business (AACSB International); Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) |
| Expected Time to Completion: 21 months |
| Estimated Tuition: Resident ($58,024); non-resident ($94,887) |
Liberty University offers a 100 percent online master of business administration program in real estate development, helping students develop business and real estate skills relevant to human resources, management, accounting, marketing, and finance.
For admission to the program, applicants must have a bachelor’s degree from a regionally or nationally accredited institution and a minimum grade point average of 3.0. Application requirements include a completed admission application, official college transcripts, undergraduate business prerequisites, and proof of English proficiency for international applicants.
The program consists of 45 credits, including courses such as strategic marketing management; managerial finance; real estate operations; investment analysis; real estate development; property law; operations management; and international business.
The program opens up several opportunities for graduates. They can take up roles such as real estate developers, property managers, construction managers, land development managers, mortgage loan officers, real estate brokers, and leasing agents.
| Location: Lynchburg, VA |
| Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) |
| Expected Time to Completion: 24 months |
| Estimated Tuition: $565 per credit |
Florida International University’s online Professional MBA (PMBA) program ranks at No. 10 in the world and No. 4 in the US in the QS World University Rankings (2022). This professional MBA specializing in real estate helps students gain a mastery of real-world knowledge and real estate fundamentals in the areas of valuation & investment analysis.
The major admission requirements for the program include a bachelor’s degree or equivalent from an accredited college or university, a minimum upper-division GPA of 3.0, a current resume, a statement of purpose, and proficiency in the English language for international applicants. GMAT or GRE scores are optional.
The program comprises 42 credits and includes core courses such as competitive strategy; accounting for managers; corporate finance; management of information systems; organizational behavior; and strategic management. The real estate concentration includes courses such as real estate markets, institutions, and practices and advanced real estate investment valuation.
| Location: Miami, FL |
| Accreditation: Association to Advance Collegiate Schools of Business (AACSB International); Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) |
| Expected Time to Completion: 18 to 33 months |
| Estimated Tuition: $1,000 per credit |
Purdue Global has two related online programs: a bachelor of science program in finance with a concentration in real estate and a bachelor of science in business administration degree with a concentration in real estate. The BS in finance with a real estate concentration program helps students develop skills relevant to the real estate industry and real estate sales and apply them to various financial situations. Students in the BSBA in real estate program study real estate transactions while building foundational knowledge in loan, financing, negotiation options, and real estate laws that impact the public.
Both programs are made up of 180 credits each and the real estate concentration includes courses such as foundations of real estate practice, finance and ethics; and real estate law.
| Location: West Lafayette, IN |
| Accreditation: Accreditation Council for Business Schools and Programs (ACBSP); Higher Learning Commission (HLC) |
| Expected Time to Completion: 48 months |
| Estimated Tuition: $371 per credit |
Unlike MBA programs, Georgetown University’s online master of professional studies program in real estate focuses exclusively on real estate and related markets. The program uses case studies so that the material learned by students is applicable to real-world situations. Also, throughout the program, students will focus on global topics and trends, so they’ll be prepared to do business worldwide.
Made up of 33 credits, the program includes courses such as ethics in action; real estate fundamentals; foundations of real estate law; foundations of real estate finance; foundations of real estate markets; foundations of real estate accounting; real estate portfolio management; and development and construction project management.
Graduates of this program will be ready for roles such as real estate developers, investment fund managers, commercial real estate lenders, corporate real estate managers, site acquisition managers, senior consultants, and lease administrators, among many other such roles.
| Location: Washington, DC |
| Accreditation: Middle States Commission on Higher Education (MSCHE) |
| Expected Time to Completion: 24 months |
| Estimated Tuition: $1,527 per credit |
Professors to Know in Online MBA in Real Estate Programs
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Ozgur Arslan-Ayaydin, PhD The University of Illinois at Chicago
Dr. Ozgur Arslan-Ayaydin is a clinical professor of finance at the University of Illinois at Chicago. Before teaching at UIC, she was on the faculty of Hacettepe University in Turkey. She teaches or has taught courses such as international finance; international financial markets; introduction to finance; introduction to investments; and introduction to corporate finance. The Journal of Banking and Finance, the Review of Quantitative Finance and Accounting, and the European Research Studies Journal have all published her articles.
She has won several laurels, including the UIC Silver Circle Teaching Award in 2016 and the “Docent” degree from the Inter-University Council in Turkey in 2010. Dr. Arslan-Ayaydin earned her PhD and BSc in economics from Hacettepe University and her MBA in finance from the University of Leicester.
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Cassandra Cole, PhD Florida State University
Dr. Cassandra Cole teaches classes on retirement plans, corporate governance, and insurance regulation. An active member of the American Risk and Insurance Association (ARIA) and Southern Risk and Insurance Association (SRIA), she also serves as the director and department chair of the risk management and insurance program at Florida State University. She teaches courses at the graduate and undergraduate levels. She is also the Dr. William T. Hold Professor in risk management & insurance.
Her research has appeared in acclaimed journals such as the Journal of Risk and Insurance, the Journal of Insurance Regulation, and the North American Actuarial Journal. Additionally, her work has earned her grants from Florida State University, the State of Florida, the Department of Labor, and the Florida Catastrophic Storm Risk Management Center. Dr. Cole completed her PhD from the University of Georgia and her BBA from Howard University. -
Bennie D. Waller, PhD Longwood University
Dr. Benny Waller is a finance and real estate professor at Longwood University’s College of Business and Economics. He is also the director of the Center for Financial Responsibility. He currently teaches the “managing data for strategic decision-making” course in the MBA program.
Dr. Waller’s research and consulting are largely focused on the area of principal-agent and housing externality issues and the use of automated valuation models. His research has been published in prominent journals such as the Journal of Real Estate Finance and Economics, Real Estate Economics, and the Journal of Real Estate Research.
He has received several awards, including the Journal of Real Estate Research Best Paper Award and the Graduate Research Award from Longwood University. He holds two doctoral degrees in management information systems and finance from the University of Mississippi. He completed his MBA from the University of North Carolina-Wilmington and his BSBA from Longwood University.
