At DePaul, we’ve studied and taught real estate trends for more than 90 years.  In fact, we currently offer the most comprehensive array of real estate courses in Chicago, and the academic and practical qualifications of our faculty allow us to offer an unparalleled real estate education. Courses are frequently team taught by full time faculty and leading Chicago area professionals, with a strong emphasis on case discussion that links theory with pragmatic approaches to problem solving. Individuals with an M.B.A. degree or students currently enrolled in the M.B.A. program may have up to six of their M.B.A. courses count toward the requirements of the Master of Science in Real Estate degree.  The exact number of courses that can be double-counted in this manner depends upon the specific coursework of each individual.

 

Graduates of the program will possess an array of tools with which they will be able to adapt to the evolving and inherently multi-disciplinary industry.  More specifically, MS in Real Estate students will obtain:

• Financial and quantitative decision-making skills,
• Critical thinking, evaluation and analysis skills,
• Oral and written communication skills, and
• Technology and geographical information system skills.

 

CURRICULUM

Each candidate must be competent in financial accounting, microeconomics and calculus and statistics prior to registration for Financial Management (FIN 555). To ensure competence, students who have not completed the equivalent of Principles of Accounting I and II at the undergraduate level will be required to take Financial Accounting (ACC 500). Students who have not completed Intermediate Microeconomics at the undergraduate level will be required to take Economics for Decision Making (ECO 555).  Students who do not pass a competency examination in calculus and statistics will be required to take Applied Quantitative Analysis (GSB 420).

 

Students complete the MS in Real Estate by taking the seven required courses and at least five elective courses from the list of courses approved for elective credit.

 

Required Courses

• APPLIED QUANTITATIVE ANALYSIS (GSB 420)
• FINANCIAL MANAGEMENT (FIN 555)
• REAL ESTATE INVESTMENT/FINANCE (RE 530)
• REAL ESTATE FINANCE (RE 531)
• REAL ESTATE MARKET ANALYSIS AND VALUATION (RE 533)
• REAL ESTATE INVESTMENT (RE 535)
• SPECIAL TOPIC: LEGAL ISSUES IN REAL ESTATE (BLW 798)

Elective courses:  (Select 5)

Note: approved electives may have prerequisites that are not part of the M.S.R.E. curriculum. Such prerequisites will not be waived or substituted for approved electives.

• URBAN AND REGIONAL ECONOMICS (ECO 550)
• SEMINAR IN REAL ESTATE (RE 596)
• MARKET ANALYSIS (MKT 529)
• METROPOLITAN PLANNING (MPS 571)
• URBAN AND COMMUNITY DEVELOPMENT (MPS 573/SOC 422)
• URBAN DEVELOPMENT POLICIES (SOC 426)
• URBAN SOCIOLOGY (SOC 420)
• URBAN ANTHROPOLOGY (SOC 421)
• SOCIOLOGY OF HOUSING (SOC 424)
• ENVIRONMENTAL LAW (LAW 444)
• REAL ESTATE FINANCE/COMMERCIAL DEVELOPMENT (LAW 459)
• LAND USE PLANNING LAW (LAW 488)

 

M.S.R.E. DEGREE REQUIREMENTS   

1. Satisfactory completion of the college residency requirement.
2. Satisfactory completion of the seven required courses.
3. Satisfactory completion of at least five approved elective courses such that at least 48 quarter hours of applicable course work are completed toward the degree.
4. All courses for credit toward the degree must be completed within six calendar years after the candidate’s first term of enrollment in the Kellstadt Graduate School of Business. After a lapse of six years a course is expired. An expired course is not acceptable for the purpose of satisfaction of degree requirements and is not applicable to the degree without the written approval of the director of the program or the Kellstadt Graduate School of Business.

See campusconnect.depaul.edu for information about the prerequisites for graduate courses.