Best Online Master’s in Real Estate Programs of 2022
Our experts have ranked the top online master's in real estate programs. Compare online master's in real estate schools by cost and convenience to find your path forward.
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Earning a master's in real estate benefits experienced real estate professionals seeking to gain more business skills and an advanced understanding of real estate development and transactions. Explore this page to learn more about this graduate degree, available specializations, and admission and degree requirements. You can also find out what kinds of jobs degree-holders qualify for and explore some of the best available online programs.
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Individuals who hold a high school diploma and a license can work as real estate brokers and sales agents; these workers earn a median annual salary of $50,300. However, master's graduates can qualify for higher-paying jobs as analysts, agency owners, property managers, developers, and urban planners. For example, urban planners earn a median annual salary of $73,050, while financial analysts make $85,660 and commercial real estate developers make about $85,000.
A master's degree prepares you to manage more complex real estate transactions than home sales.
Related Programs That Might Interest You
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
How We Rank Schools
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Our rankings are grounded in a few guiding principles and use the latest statistical data available from trusted sources. Read our Ranking Methodology. We hope our approach helps you find the school that is best for you.
2022 Best Accredited Online Master's in Real Estate Programs
Rankings compiled by the the BestColleges Ranking Team
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How We Rank Schools
At BestColleges, we believe a college education is one of the most important investments you can make. We want to help you navigate the college selection process by offering transparent, inclusive, and relevant school rankings.
Our rankings are grounded in a few guiding principles and use the latest statistical data available from trusted sources. Read our ranking methodology. We hope our approach helps you find the school that is best for you.
|Location||Washington, District of Columbia|
|Percent Online Enrollment||
100% Online | Asynchronous Classes
Avg. Cost per Credit
In State | $1,667
Out of State | $1,667
Credits to Graduate
Program Accreditation | Middle States Commission on Higher Education
Georgetown University offers a Master’s in Real Estate program that emphasizes real estate and related markets. Students learn from real-world scenarios, focusing on global topics. The 100% online curriculum involves leadership skills, ethics and real estate knowledge, enabling students to apply these skills to a career that encompasses worldwide business in real estate.
A bachelor’s degree from an accredited college or university is required, but no GRE or GMAT test scores are needed to apply for admissions at Georgetown University.
University of Denver
|Percent Online Enrollment||
100% Online | Synchronous and Asynchronous Classes
Avg. Cost per Credit
In State | $1,535
Out of State | $1,535
Credits to Graduate
40-48 quarter hours
Program Accreditation | Association to Advance Collegiate Schools of Business (AACSB)
The University of Denver is a private institution in Denver, Colorado. DU’s Daniels College of Business offers a master of science in real estate and the built environment.
The online master’s in real estate curriculum focuses on full-cycle real estate, asset management, and business principles, preparing students for real estate project leadership.
There are several concentrations available, including:
- Real estate
- Property development
- Construction management
- Integrated product delivery
- Customized concentration option
GMAT and GRE test scores are optional. Full-time students can complete the program in 12 months. Part-time students can finish the program in 18 months.
Online Master's in Real Estate Program Overview
While earning a master's degree in real estate, students take classes related to topics like real estate valuation, market analysis, finance, and law. In some cases, programs prepare students to work in international markets or to earn specific professional certifications. Most programs seek to prepare graduates for leadership positions in real estate as business owners, real estate developers, market analysts, or urban planners. Look for a program that matches with your particular career goals.
Graduates of these programs are qualified for a variety of real estate careers. While real estate agents must possess a license, they do not need a college degree to sell real estate. Many agents do graduate from college, and a master's can give any real estate professional a competitive edge, especially when pursuing higher-paying positions that call for business expertise.
Common Master's in Real Estate Degree Courses
Real Estate Fundamentals
This course introduces essential tools needed for decision-making in real estate transactions and development. Students explore property valuation, cash flow analysis, financing options, return on investment (ROI), site selection, and negotiation strategies.
Real Estate Finance
This course prepares students to apply financial management and analysis tools to real estate transactions, such as cash flow analysis. Topics may include real estate valuation and investment principles, rent and lease types, financing options, operating expenses, capital expenditures, and approval ratings. Students gain the skills needed to prepare ROI analyses in real estate.
Real Estate Law
Students in this class learn about relevant legal issues impacting real estate development, acquisition, and financing from the perspectives of developers, lenders, and investors. Learners explore legal principles, issues, and risks in real estate.
Real Estate Markets
Coursework in this class introduces the guiding principles and analytical tools of real estate markets. Students learn to use financial tools to analyze real estate markets and assess trends. Topics may include global markets, emerging markets, government policies, and portfolio theory.
Real Estate Accounting
This course introduces real estate accounting tools, rules, principles, and practices. Specific topics may include financial statements, financial analysis, tax credits, internal controls, real estate valuation, and partnership agreements. Students learn to analyze financial statements and identify potential issues.
Related Master's in Real Estate Degree Concentrations
Real Estate Development
This concentration is suitable for those seeking an advanced understanding of real estate development processes. Real estate developers can benefit by learning new techniques and strategies to analyze markets; identify risks; assess potential projects; and negotiate deals with lenders, contractors, and others.
International Real Estate
This concentration targets real estate professionals interested in gaining expertise in global real estate markets. Students explore the potential impact of a country's laws, customs, and real estate practices on real estate transactions and learn to conduct business internationally. Course topics include international finance, marketing, and economics.
Real Estate Finance
This specialization prepares graduates to become experts in financial analysis and investment strategies in real estate. Students learn about financial management strategies, ways to structure financial products, real estate valuation, and portfolio management. Additional course topics may include capital markets, taxation, and corporate real estate.
Real estate professionals seeking to manage construction and development projects can benefit from pursuing this specialization. Students learn project planning strategies, scheduling techniques, and cost control methods. Additional course topics may include construction accounting, sustainable development, and job site management.
A Self-designed Concentration
Some schools enable students to create a concentration that matches their particular interests, experience, and career goals. Potential options could relate to senior housing development, hospitality, sustainable urban development, and healthcare office development or management.
Online Master's in Real Estate Admission Requirements
Applicants must submit transcripts from previously attended schools. Transcripts should show successful completion of a bachelor's degree. Some programs prefer a particular major — such as business — or list specific prerequisite course requirements. Most schools also have minimum GPA requirements, such as a 3.0 or higher.
Letters of Recommendation
Many programs require 1-3 letters of recommendation from individuals familiar with an applicant's professional or academic work. In some cases, references submit their letters online. In other cases, letters must be mailed to the school.
Some real estate programs require a certain number of years of work experience in real estate or a related field, such as insurance, finance, construction, or banking. Even programs that do not have specific experience requirements may ask applicants to submit a 1-2-page resume.
Some programs require applicants to submit GMAT or GRE scores taken within the last five years. Other programs may waive this requirement for those with significant work experience or those meeting other qualifications. Some schools use these scores as part of a holistic assessment, while others require specific minimum scores.
Real estate master's programs typically require one or more essays or a statement of purpose of approximately 500 words. Check the school's admission criteria to make sure your essay meets its expectations.
Online Master's in Real Estate Career Paths
After earning an online master's in real estate, graduates can pursue careers as real estate brokers, property managers, urban planners, real estate developers, and industry analysts. They may build their own real estate companies, work for national or international corporations or banks, or enter a career in government.
Again, selling real estate does not require a postsecondary degree, but it does require a license. However, a master's degree can give graduates an advantage when seeking higher-paying jobs or leadership positions in the real estate industry, such as analysts, portfolio managers, and developers.
Frequently Asked Questions
What can you do with a master's in real estate?
With a master's degree in real estate, you can qualify for a leadership position, run your own business, or land a high-paying corporate job. This degree can teach you the business skills and advanced real estate knowledge needed to advance your career.
What is the difference between an MBA in real estate and an MSRE degree?
A business degree provides training in business skills, such as accounting, finance, and marketing. These MBA skills can prove highly beneficial to real estate professionals -- especially those interested in working in finance or for large real estate companies. Alternatively, a master's in real estate typically offers more focus on construction, planning, and development. MSRE programs are well suited for individuals interested in selling, building, and/or managing properties.
What should I major in for real estate development?
While most real estate master's programs do not require a specific major, some undergraduate degrees may prove more beneficial to a real estate professional than others. Consider majoring in business, finance, economics, accounting, or a related field (e.g., architecture, marketing, or communication). If you plan to work in global development, you can also consider majoring or minoring in a foreign language.
What does a real estate developer do?
Developers manage real estate construction projects from beginning to end. They locate and purchase building sites, design and finance projects, and hire construction companies and other workers needed to complete a building project.
Do real estate developers make a lot of money?
Salaries for developers can vary significantly by location, employer, and projects. According to PayScale, commercial real estate developers earn average salaries of around $85,000.
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BestColleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.
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