MBA Requirements

Requirements: MBA Concentration in Real Estate, Newark

Curriculum

The Rutgers MBA concentration in Real Estate is designed to provide students with the in-depth understanding of property and property markets and tools necessary to succeed in the real estate industry.

The concentration is built on four core courses: Aggregate Economic Analysis, Real Estate Finance, Real Estate Law and Development. Aggregate Economic Analysis (22:223:591) serves as an introduction to macroeconomics and economic policy making at the national level. Real Estate Finance (22:390:695) offers students an in-depth understanding of applied financial economics and the background and tools necessary to analyze income-producing property from the perspective of an institutional investor. Students will use lease and market information to develop pro forma cash flow projections for a given property and evaluate the risk and return associated with an investment. The third component of the core is Real Estate Law (22:851:6XX) which offers an overview of the legal issues confronting the real estate executive beginning from the commencement of a real estate transaction and throughout the relationship between the various parties to such transactions. Finally, Real Estate Development (22:851:6XX) examines the commercial real estate development process focusing on typical strategies, challenges, and risks, as well as providing an overview of the basics of development finance and value.

The principal method of teaching employed in core courses is a lecture-based format supplemented with case studies. Electives will emphasize case studies and project work. All courses will include extensive exposure to the real estate industry through guest speakers.

Advantages

The real estate profession offers a wide variety of career options in a range of commercial sectors – Investment Analyst, Asset Management, Development, Commercial and Residential Brokerage, Appraisal, Commercial and Investment Banking, Property Management and Mortgage Brokerage.

Students enrolled in the MBA Concentration in Real Estate will have unparalleled access to industry leaders through the newly created Center for Real Estate Studies. The Center is supported by a 70-member advisory board consisting of the most influential and innovative real estate firms in the New York/New Jersey metropolitan area who will serve as guest speakers and hire Rutgers graduates. Members of the Advisory Board include CEOs and senior executives at Prudential Real Estate Investors, Citibank, Canoe Brook Management, Hampshire Real Estate, Jacobs Development, Paul V. Profeta and Associates, AvalonBay Communities, CBRE, Cushman & Wakefield, Prologis and many other top-tier firms. The Center will also provide mentoring, internships and career opportunities in the real estate profession.

Proposed concentration

The MBA concentration in Real Estate is comprised of 6 courses (18 credits) in total – 4 required courses and 2 electives.

Students can also choose to concentrate in real estate whether they enter the full-time or the part-time MBA program.

It is strongly recommended that students interested in the MBA concentration in Real Estate take Strategic Management (22:622:542) as part of their Foundation Course Requirements.

RE core requirements (12 credits)

Course numberTitleCredits
22:223:520 (FT)
22:223:591 (PT)
Aggregate Economic Analysis3
22:390:695Real Estate Finance3
22:851:6XXReal Estate Law3
22:851:6XXDevelopment3

Electives (6 credits, choose 2 courses):

Course numberTitleCredits
22:390:673Real Estate Capital Markets3
22:851:6XXReal Estate Appraisal3
22:390:605Advanced Financial Management3
22:620:672Urban Entrepreneurship & Economic Development3