(607) 255-7110
www.realestate.cornell.edu
real_estate@cornell.edu
The two-year master of professional studies in real estate (M.P.S./RE) degree program is a multidisciplinary program that combines courses from nearly every college at Cornell University. The degree is designed for real estate professionals who are in the early stages of their careers. The Baker Program in Real Estate at Cornell University is home to the graduate program in real estate as well as the Cornell Real Estate Council, which is the centerpoint of academic and industry-related real estate activities on and off campus. The real estate field faculty is composed of 19 faculty members from six different colleges who are directly involved in and responsible for the design, delivery, and administration of the real estate curriculum.
The professional study of real estate is concerned with the design, development, finance, law, management, marketing, transactions, deal structuring, and many other aspects of the real estate business. Real estate professionals also contribute an understanding of the long-range social, political, ethical, and environmental implications of decisions about real estate. The 62 credit hours of course work and summer internship required to earn the degree provide a comprehensive and practical foundation for professional careers in real estate.
Students complete core courses in real estate principles, the development process, finance and investments, communications, managerial finance, residential development, law, construction planning and operations, design, transactions and deal structuring, and marketing and management, along with a weekly distinguished speaker series. Twenty-three elective credits of coursework are taken to fulfill the concentration and leadership and management requirements. Many concentration options are possible and may be structured from the hundreds of graduate courses taught throughout the colleges of Cornell University. Areas of concentration include development, finance, investments, real estate consulting, sustainable development, property and asset management, real estate marketing and market analysis, international real estate concentrations, and others. Students complete real-world, semester-long project workshops during their second and fourth semesters.
Admissions
Applicants to the Baker Program in Real Estate must have completed a bachelor’s degree with a strong academic record. Applicants must submit a résumé plus two letters of recommendation based upon professional work experience or faculty members familiar with the applicant’s academic work. Competitive scores for the GMAT are required. Extensive and relevant work experience will receive favorable consideration. International students for whom English is a second language will need to achieve a minimum TOEFL score set by the Cornell Graduate School. There is no work experience required for admission; however, it is strongly preferred that applicants have at least some industry-related work experience, with three to five years’ experience typical. Applications are reviewed on a rolling basis. The financial aid priority and dual-degree applicant deadline is January 15, and the regular application deadline is March 15; otherwise, applications will be accepted until June 1. For more information, contact the admissions coordinator.