Master’s In Real Estate Online

<a href="https://www.onlinemasterscolleges.com/masters-in-real-estate-online/">Real Estate Online</a>

College Name & Address	Tuition	Graduation Rate
#1 Auburn University Auburn, Alabama 36849	$9,828	79%
#2 Florida State University (MBA) 222 S. Copeland Street, Tallahassee, Florida 32306	$9,684	83%
#3 Iowa State University 1750 Beardshear Hall, Ames, Iowa 50011	$9,758	74%
#4 Georgetown University 37th and O St NW, Washington, District of Columbia 20057	$51,336	95%
#5 University of Denver 2199 S. University Blvd, Denver, Colorado 80208	$51,336	77%
#6 The University of Texas, Dallas (MBA) 800 West Campbell Road, Richardson, Texas 75080	$13,874	70%
#7 Florida International University 11200 S. W. 8 Street, Miami, Florida 33199	$8,912	63%
#8 Nova Southeastern University 3301 College Ave, Fort Lauderdale, Florida 33314	$19,665	58%
#9 Liberty University (MBA) 1971 University Blvd, Lynchburg, Virginia 24515	$7,980	47%

Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available

Online Master’s in Real Estate programs offer diverse curricula covering key areas such as market analysis, business management, real estate development, law, finance, site analysis, and design. Courses may vary, including electives for specialization. Credit requirements range, often with core courses, electives, and potential capstone projects. Internships may provide practical experience. Admissions typically require a bachelor’s degree, transcripts, letters of recommendation, a resume, and occasionally standardized test scores. The flexibility of online learning suits working professionals, and program durations can span 1-2 years. Thorough research ensures alignment with career goals and preferences.

Curriculum and Skills You’ll Gain

Completing a master’s helps graduates understand real estate, all the way from planning, designing, developing, and legal transactions to mortar and bricks. While the curriculum varies from university to university, here are some common courses that students face in online master’s in real estate programs:

Students will develop highly sought-after skills to serve employers in the real estate sector and beyond. The skills learned are:

• Team Leadership
• Presentation
• Effective Communication
• Ability to analyze and manage complex data.
• Practical application of the theory learned.
• Use of Technology
• Legal matters
• Regulations
• Deeds and documentation
• Real Estate Market swings
• Logical Reasoning

Degree Types

There are plenty of MBA and Master’s Programs in real estate. Whether opting for an MBA in Real Estate Online or an MS in real estate, students should determine their career goals. Here are the key aspects of both types of Real estate master’s programs:

MBA Real Estate Online

Master of Business Administration (MBA) in Real Estate integrates real estate specialization within a broader business context. It combines core business skills with a focus on real estate strategy, management, and finance, preparing professionals for leadership roles in the complex and dynamic real estate industry.

MS in Real Estate

The Master of Science (MS) in Real Estate provides in-depth knowledge of real estate concepts, covering market trends, finance, and development. It equips students with analytical skills for decision-making in the real estate sector.

Both degrees offer unique approaches, catering to individuals seeking specialized or managerial roles in real estate.

Specializations for Real Estate Students

Real estate is a complex field with many branches and focus areas. Master’s in real estate programs offer many concentrations and specializations, such as Real Estate Development, Real Estate Law, Real Estate Finance, and Real Estate Valuations, to name a few. Here are some commonly found specializations:

Area of Focus	Description	Careers This Concentration Prepares For
Real Estate Development	This specialization focuses on the strategic planning, design, and execution of real estate projects. Covering construction, zoning regulations, and project management, this concentration equips students for careers as Real Estate Developers, Project Managers, and Construction Managers, shaping the built environment.	Real Estate Developer, Project Manager, Construction Manager.
Real Estate Finance	This specialization explores the financial intricacies of the real estate sector. Students study investment analysis, property valuation, and financing strategies in navigating the complex financial landscape of real estate.	Real Estate Financial Analyst, Investment Manager, Mortgage Underwriter.
Commercial Real Estate	This specialization explores the dynamics of commercial properties like office buildings, retail spaces, and industrial facilities. Graduates are equipped for roles as Commercial Real Estate Brokers, Property Managers, and Asset Managers, engaging in the complex and dynamic world of commercial real estate transactions and management.	Commercial Real Estate brokers, and Property Managers, Asset Managers.
Residential Real Estate	This specialization focuses on the residential housing market. Covering areas such as property sales, leasing, and real estate marketing	Real Estate Agent, Residential Property Manager, Real Estate Appraiser.
Real Estate Law	This specialization examines the legal aspects of real estate transactions, contracts, and property rights. Graduates are equipped for roles as Real Estate Attorneys, Legal Consultants, and Title Officers, ensuring a comprehensive understanding of the legal intricacies within the real estate industry.	Real Estate Attorney, Legal Consultant, Title Officer.

Graduation Timeline

Typical Timeline: 2 years

Credits to Completion: 32

Master’s in Real Estate programs in the USA usually span 18 to 24 months for full-time students. The curriculum, covering areas like market analysis, finance, and development, typically requires 32 to 36 credits. Culminating projects or internships contribute to practical experience, ensuring graduates are well-prepared for the complexities of the real estate industry. The flexibility of part-time study accommodates working professionals seeking advanced education while managing their career commitments, albeit with the understanding that part-time options typically take longer.

Accelerated Master’s in Real Estate  Programs

Accelerated master’s programs in Real Estate provide an expedited route for students to achieve their degree in a shorter span. Tailored for committed learners, these programs enable fast-tracked studies and earlier graduation. Students seeking acceleration can opt for a heavier course load, including summer or intensive sessions, to hasten progress. Credit transfers from prior coursework or relevant professional backgrounds can shorten the degree duration. Certain accelerated programs may present streamlined curriculum plans, focusing on vital coursework and excluding elective elements. This aids students in concentrating on core aspects, facilitating efficient degree completion. Prospective accelerated program candidates should thoroughly evaluate their preparedness and capability to manage an intensified study pace. Here are examples of colleges that offer accelerated master’s in real estate programs:

Fordham University²
New York University³

An MBA and a Master’s in Real Estate differ in focus and scope. An MBA covers broader business aspects, including finance, marketing, and management, with a potential for specialization. A Master’s in Real Estate hones in on property-specific knowledge, encompassing topics like real estate law, development, investment, and market analysis. While an MBA offers versatile skills applicable across industries, a Master’s in Real Estate provides specialized expertise solely within the real estate sector. The choice depends on career goals: an MBA for varied business leadership roles or a Master’s in Real Estate for specialized real estate careers.

Each university establishes unique admission criteria, yet common elements prevail across Master’s programs. Applicants for an online Master’s in Real Estate typically need to meet certain standards, such as possessing a bachelor’s degree, maintaining a minimum GPA, submitting GMAT or GRE  scores if required, and providing letters of recommendation. Here is a snapshot of admission requirements for a Master’s in Real Estate online:

• Bachelor’s Degree: Typically, applicants need a bachelor’s degree from an accredited institution.
• Transcripts: Submission of academic transcripts from previous institutions.
• Letters of Recommendation: Usually, two or three letters of recommendation from professors or professionals in the field.
• Resume/CV: A current resume outlining relevant work experience.
• Statement of Purpose: A written statement outlining the applicant’s goals and reasons for pursuing a Master’s in Real Estate.
• Standardized Tests: Some programs may require GRE or GMAT scores, although this is not universal.
• Work Experience: While not always mandatory, some programs prefer applicants with relevant work experience.
• Interview: Some programs may require an interview as part of the application process.
• English Proficiency: International students may need to demonstrate English proficiency through tests like the TOEFL or IELTS.

Note: Applicants must check the specific requirements of the institution and program they are interested in, as these can vary.

The GRE (Graduate Record Examination) and GMAT (Graduate Management Admission Test) are common standardized graduate program admission tests. While many U.S. institutions commonly demand these scores, some online master’s programs in real estate may not necessitate GRE or GMAT scores. This omission recognizes that test scores might not always reflect applicants’ potential. Instead, colleges prioritize academic history, research experience, letters of recommendation, personal statements, and interviews. Those seeking an online master’s in real estate should contact their chosen universities’ real estate departments to explore programs without GRE requirements or options for obtaining a GRE waiver. A few universities offer top online Master’s in Real Estate programs that waive the GRE requirement are:  

Fordham University⁴
Pepperdine Graziadio Business School⁵

Accredited Programs

Accreditation is a rigorous process that institutions voluntarily undertake to validate high educational standards. Several independent organizations review the courses offered by the institution and measure the quality. It is important to check if a college is accredited to ensure high standards. Being accredited also increases the level of trust that organizations have in employees that they want to hire. The Association of Real Estate License Officials⁶ (ARELLO) is the primary real estate accreditation and licensing assessment organization. ARELLO conducts the evaluation and reviews processes independently in program methodology and examinations.

Universities may also be accredited by one of the six regional accrediting bodies, which are:

• New England Association of Schools and Colleges (NEASC)
• Middle States Association of Colleges and Secondary Schools (MSA-CESS)
• Higher Learning Commission (HLC)
• Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)⁷
• Northwest Commission on Colleges and Universities (NWCCU)
• Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC)

Learn more about accreditation to ensure that the program is of high quality.

Although not equivalent to a master’s degree, free online courses, often developed by prestigious universities, offer supplementary knowledge beyond traditional learning. These resources can significantly assist students in their academic pursuits, assignments, exams, or final projects. Below are some recommended options for free courses tailored to students pursuing a master’s degree in real estate studies:

Course	Real Estate Syndication for Beginners7
Provided by	Udemy
Description	Within this course, participants will gain an introduction to the syndication process, its key stakeholders, and a comprehensive grasp of the steps involved in enabling everyday working professionals to attain substantial multi-million dollar real estate assets.

Course	Ethics and AML Essentials for Real Estate Professionals8
Provided by	Alison
Description	Real estate agents must achieve an equilibrium between maintaining a competitive business, delivering exceptional customer service, and upholding governmental and industry norms. Prioritizing profit and personal concerns can potentially overshadow ethical principles for clients and the industry. This course establishes a robust base for addressing ethical challenges that might arise in the real estate sector.

Course	Pathways to Property: Starting Your Career in Real Estate9
Provided by	Future Learn
Description	This free course explores property fundamentals, development, and industry dynamics. Exploring career prospects and core aspects like sustainability and technology guides participants toward initiating a successful journey in the real estate sector.

Higher Education in the US is getting very expensive, making it increasingly difficult to afford the program’s cost. Fortunately, financial help is available. Here are the process and resources for getting some financial help to fund online master’s in real estate programs:

Scholarships

In contrast to alternative financial assistance methods, scholarships are non-repayable. They are generally granted to students displaying exceptional academic performance or other proficiencies. Pursuing a master’s degree in real estate can incur significant expenses, making scholarships particularly advantageous. Scholarships can encompass diverse expenditures such as tuition fees and accommodation expenses. Here are a few online master’s in real estate scholarships students can explore and apply for:

Scholarship	American Planning Association Scholarships10
Description	The APA Foundation scholarships aim to enhance access to the planning and real estate profession for those with limited financial means while also drawing outstanding candidates to this field. By granting scholarships to exceptionally meritorious students, particularly from underrepresented backgrounds, the program seeks to cultivate a more diverse and adaptable planning and real estate community better equipped to address the unique requirements of varied communities.
Award/Amount	$5000
Application Deadline	TBA

Scholarship	Wisconsin Garden Club Federation Scholarship11
Description	The Wisconsin Garden Club Federation (WGCF) provides scholarships to college students in horticulture, landscape design, environmental studies, and related areas, including real estate. These scholarships, financed through the Memorial Scholarship Fund and contributions from garden club members, are intended to bolster education and advance the mission of WGCF.
Award/Amount	$2500
Application Deadline	Feb 1st every year

Scholarship	Richard H. Crosser Memorial Scholarship Fund12
Description	The Richard H. Crosser Memorial Scholarship Fund pays tribute to Richard H. Crosser’s legacy by offering financial aid to students pursuing advanced education, including real estate studies. This scholarship aids students across diverse fields of study, such as urban planning, by furnishing funding opportunities to attain their educational aspirations and enable valuable contributions to their chosen professions.
Award/Amount	Varies
Application Deadline	Varies

Note: Please be cautious about scholarship scams and verify the legitimacy of all received offers.

FAFSA

The Free Application for Federal Student Aid (FAFSA)¹³ is a crucial form for students seeking financial aid. It determines eligibility for federal grants, scholarships, and loans, making higher education more accessible.

Student Loans

Student loans are financial resources provided to students to cover higher education costs, including tuition, books, and living expenses. These loans are typically repaid after graduation with interest, helping students access education and achieve their academic and career goals.

Employer Tuition Reimbursements

Employer tuition reimbursements are programs where employers financially support their employees’ education by covering some tuition costs for courses or degrees. This benefits employees seeking further education and employers aiming to enhance their workforce’s skills and knowledge.

Real estate careers allow professionals to set their schedules, work flexibly, and earn up to six figures. Within the profession, there are major roles to consider with a Master’s in Real Estate. Individuals with a master’s in real estate can work in the following job roles:

Occupation	Property, Real Estate, and Community Association Managers14
Median Annual Salary	$60,670
Job Growth (up to 2032)	5% (faster than average)
Job Description	Property, Real Estate, and Community Association Managers oversee and manage properties on behalf of owners or associations. They handle various tasks such as rent collection, maintenance, tenant relations, and property marketing. Their responsibilities also extend to managing real estate investments, ensuring compliance with regulations, and handling community association affairs, aiming to maintain property value and resident satisfaction.

Occupation	Real Estate Brokers and Sales Agents1
Median Annual Salary	$48,770
Job Growth (up to 2032)	5% (as fast average)
Job Description	Real Estate Brokers and Sales Agents facilitate property transactions between buyers and sellers. They represent clients in negotiations, provide property information, and arrange property showings. They assess market conditions, develop pricing strategies, and prepare contracts. Additionally, they market properties, coordinate inspections, and guide clients through the buying or selling process, aiming to achieve successful real estate transactions.

Occupation	Real Estate Director15
Median Annual Salary	$175,601
Job Growth (up to 2032)	No Data Available
Job Description	The role of the Real Estate Director involves supervising the negotiation process for all transactions. They manage and guide a healthcare facility’s real estate operations, encompassing property acquisitions, leasing, and site selection. A bachelor’s degree is necessary for this position. They assess properties to align with organizational requirements. Additionally, the Real Estate Director generally reports to senior management.

Occupation	Property Acquisitions Manager16
Median Annual Salary	$124,235
Job Growth (up to 2032)	No Data Available
Job Description	The role entails overseeing the research, analysis, and negotiation processes vital for evaluating prospects to acquire additional sites, land, or buildings. Prospective property purchases or sales are explored, involving conducting or facilitating property assessments and inspections. Market trends and competitor activities are tracked, with the added responsibility of crafting and negotiating purchase or lease agreements.

While it’s not mandatory to be certified or hold a license for a real estate graduate in the U.S., obtaining certifications can enhance skills, credibility, and marketability and provide specialized knowledge, demonstrating a commitment to professional development. Earning certifications during or after a real estate graduate program can distinguish individuals, making them more competitive and increasing their earning potential in the dynamic real estate industry. Here are a few examples of certifications that master’s in real estate students can opt for:

Certified Property Manager (CPM)¹⁷

The Certified Property Manager (CPM) designation is a premier credential for real estate managers. Awarded by the Institute of Real Estate Management, it signifies expertise in property management, ethical conduct, and dedication to enhancing property value. Earning the CPM enhances career prospects and demonstrates a commitment to industry excellence.

Accredited Residential Manager (ARM)¹⁸

The Accredited Residential Manager (ARM) designation granted by the Institute of Real Estate Management signifies expertise in residential property management. Holders of this credential demonstrate proficiency in maximizing property value, tenant relations, and regulatory compliance, making them sought-after professionals in the real estate industry.

As students pursue their Master’s in Real Estate online or launch their careers, outside resources greatly help track developments in the field. These include organizations, conferences, and professional groups to help build a strong professional network and increase real estate knowledge. The following professional organizations and associations are dedicated to assisting students and real estate professionals:

American Real Estate Society¹⁹

The American Real Estate Society (ARES) is dedicated to enhancing communication between academia and professionals, and fostering the exchange of insights among faculty and practitioners is a priority. ARES strives to connect academic, professional, and research communities seamlessly, promoting a dynamic synergy for continually advancing real estate knowledge and practices.

National Association of Expert Advisors²⁰

The mission of the National Association of Real Estate Advisors (NAREA) is to enhance real estate professionals’ learning and income potential. This goal is achieved by delivering outstanding education through our designation programs and fostering networking and knowledge-sharing opportunities among our members.

National Association of Realtors²¹

The National Association of Realtors (NAR) dedicates itself to empowering REALTORS® in their mission to uphold, safeguard, and promote the right to real property for all. Through advocacy, education, and support, the objective is to provide members with the necessary tools to navigate the dynamic real estate environment. Their vision is to serve as a dependable ally, offering guidance to members and the communities they serve as they navigate the continually evolving real estate landscape.