Real Estate and Urban Land Economics: Real Estate and Urban Economics, M.S.
Program Overview
This Master's program in Real Estate offers four specialized paths: Core MS, Applied Real Estate Investment, Private Equity Investment, and Affordable Housing and Sustainable Development. Students can choose from a range of required and elective courses to tailor their studies to their career goals. The program provides a comprehensive understanding of real estate principles, finance, development, and investment strategies. Graduates are well-prepared for careers in real estate investment, development, and management.
Program Outline
Outline:
Path I - Core MS
- Required Courses:
- REAL EST 411: Real Estate Excel Modeling
- REAL EST 412: Real Estate ARGUS Modeling
- REAL EST 710: Real Estate Finance
- REAL EST 715: Techniques of Real Estate Valuation
- REAL EST/URB R PL 720: Urban Economics
- REAL EST 750: Commercial Property Development
- REAL EST 760: Lawyering the Development Deal: A Practical Guide to Real Estate Law
- REAL EST 540: Public Real Estate Equity Investment or REAL EST 550: Private Real Estate Equity Investment I: Analysis and Structures
- MHR 728: Bargaining, Negotiating and Dispute Settlement for Managers
- Approved Electives (7 credits)
Path II - Applied Real Estate Investment
- Required Courses:
- REAL EST 411: Real Estate Excel Modeling
- REAL EST 412: Real Estate ARGUS Modeling
- REAL EST 540: Public Real Estate Equity Investment
- REAL EST 710: Real Estate Finance
- REAL EST 715: Techniques of Real Estate Valuation
- REAL EST/URB R PL 720: Urban Economics
- REAL EST 750: Commercial Property Development
- REAL EST 760: Lawyering the Development Deal: A Practical Guide to Real Estate Law
- REAL EST 841: Applied Real Estate Investment Track (AREIT) I
- REAL EST 842: Applied Real Estate Investment Track (AREIT) II
- Approved Electives (1 credit)
Path III - Private Equity Investment
- Required Courses:
- REAL EST 411: Real Estate Excel Modeling
- REAL EST 412: Real Estate ARGUS Modeling
- REAL EST 550: Private Real Estate Equity Investment I: Analysis and Structures
- REAL EST 710: Real Estate Finance
- REAL EST 715: Techniques of Real Estate Valuation
- REAL EST/URB R PL 720: Urban Economics
- REAL EST 750: Commercial Property Development
- REAL EST 760: Lawyering the Development Deal: A Practical Guide to Real Estate Law
- REAL EST 851: Private Real Estate Equity Investment II: Underwriting and Investment Processes
- REAL EST 852: Private Real Estate Equity Investment III: Guidelines, Governance, and Portfolios
- Approved Electives (1 credit)
Path IV - Affordable Housing and Sustainable Development
- Required Courses:
- REAL EST 411: Real Estate Excel Modeling
- REAL EST 412: Real Estate ARGUS Modeling
- REAL EST 710: Real Estate Finance
- REAL EST/URB R PL 720: Urban Economics
- REAL EST 760: Lawyering the Development Deal: A Practical Guide to Real Estate Law
- REAL EST 611: Residential Property Development
- REAL EST 651: Green - Sustainable Development
- REAL EST 765: Contemporary Topics (taken twice for a total of 6 credits)
- Approved Electives (7 credits)
Approved Electives:
- REAL EST 540: Public Real Estate Equity Investment
- REAL EST 550: Private Real Estate Equity Investment I: Analysis and Structures
- REAL EST 611: Residential Property Development
- REAL EST 640: Real Estate Capital Markets
- REAL EST 651: Green - Sustainable Development
- REAL EST 715: Techniques of Real Estate Valuation
- REAL EST 750: Commercial Property Development
- REAL EST 765: Contemporary Topics
- MHR 728: Bargaining, Negotiating and Dispute Settlement for Managers
- OTM 752: Project Management
- URB R PL 512: Gentrification and Urban Restructuring
Entry Requirements:
- Undergraduate degree or expected completion of such a degree prior to starting the MS-Business: Real Estate and Urban Land Economics, Named Option: Real Estate and Urban Economics
- Demonstrated knowledge of business fundamentals (or specific plan for acquiring prior to the start of the program); some possible ways of satisfying this include:
- Undergraduate degree with business major or minor
- Completion of Certificate in Business at UW-Madison
- Completion of Certificate of Entrepreneurship at UW-Madison
- College course work including the following:
- Micro Economics Course
- GEN BUS 310 Fundamentals of Accounting and Finance for Non-Business Majors or equivalent
- REAL EST/A A E/ECON/URB R PL 306 The Real Estate Process
- Undergraduate transcript
- GMAT or GRE
- Resume
- One letter of recommendation
- Response to essay question
Language Proficiency Requirements:
International applicants whose native language is not English must submit scores from the Test of English as a Foreign Language (TOEFL), the Pearson Test of English (PTE), Intensive English as a Second Language (IELTS), or show the completion of an Interlink program. A minimum iBT TOEFL score of 100 or equivalent, obtained within two years of the intended start term, is required. International applicants who have completed a degree at an institution whose primary language of instruction was English may request a waiver of this requirement on the application.
