Master of Professional Studies in Real Estate

FAQs

GENERAL QUESTIONS

Visit the Admissions page for general FAQs related to the application process, tuition, financial aid and more.

You can view and download the Master of Professional Studies Handbook here

PROGRAM-SPECIFIC QUESTIONS

How is this program different from other real estate programs?
What is the frequency of courses taught?
What do the four specialized concentrations involve?
Is the Real Estate Fundamentals course a program requirement?
How is the Real Estate Fundamentals course offered and how do students take the test to potentially waive out of the course?
There are two different lists of course requirements for enrolled students. Please explain.
Do you offer any online classes?
Is there an international focus?
What professional and career services are available through the program?
Do you have an alumni network?
Are applicants required to have commercial work experience?

ONLINE FORMAT-SPECIFIC QUESTIONS

Is there a difference between the online and on-campus format?
What does an online course format look like?
Will all on-campus courses be available in the online format?
When will these courses be available in the online format?
Can I take both on-campus and online format during my time in the program?
Will the faculty be the same for both the on-campus and online courses?
Will the admissions process be the same for both the on-campus and online format?
How can I determine if my state or country of residence is eligible for the online format?
Can I transfer from being an on-campus student to an online student?


PROGRAM-SPECIFIC QUESTIONS

How is this program different from other real estate programs?

The master’s program is designed to build leadership and management skills within the real estate industry through a curriculum that stresses practical application of concepts learned in the classroom. The curriculum offers a large breadth of courses, allowing students to design a program of study that meets their unique individual academic and professional objectives. Students can enroll in courses that are cross-listed with other departments, participate in supplemental workshops, and attend free lectures organized by the program.

Furthermore, the MPRE faculty members are expert practitioners in the real estate industry, giving students an opportunity to learn about current real estate trends and how the concepts taught in the classroom apply to issues faced on the job. Students have the opportunity to build relationships with industry professionals and create a network that can help them advance in their career. 

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What is the frequency of courses taught?

Core and foundational courses are taught each semester, including over the summer. Course electives are taught with some variety; most are taught annually.

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What do the four specialized concentrations involve?

You may select a specialized concentration from among these four: Real Estate Development, Real Estate Finance, Construction Management, or Global Real Estate. If you wish to pursue one or even two concentrations, the courses and grades will be noted on your transcript, but your degree and diploma will read Master of Professional Studies in Real Estate.

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Is the Real Estate Fundamentals a required course?

Real Estate Fundamentals is a required foundation course beginning the Fall 2017 term. The course ensures all students bring basic skills to their remaining MPRE courses. More experienced students may enter the MPRE Real Estate program already having these skills. For these students, a test out option would allow them to prove their proficiency in RE Fundamentals and then to use the additional three credits gained to select an extra elective.

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How is the Real Estate Fundamentals course offered and how do students take the test to potentially waive out of the course?

The RE Fundamentals course will be offered on campus and in an online modality. The test will be offered in an online modality.

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There are two different lists of course requirements for enrolled students. Please explain.

Students who have matriculated in the Real Estate program prior to the Fall 2017 semester are required to complete 10 courses (30 total credits): 6 required courses (18 credits) and 4 elective courses (12 credits): View the Explore the Degree—Prior to Fall 2017 page for a breakdown.

Students who have matriculated in the Real Estate program during or after the Fall 2017 semester are required to complete 11 courses (33 total credits): 7 required courses (21 credits) and 4 elective courses (12 credits). This revised curriculum includes an additional foundation course requirement: MPRE 510: Real Estate Fundamentals. View the Explore the Degree page for a breakdown.

Matriculation is defined as the first semester in which a new student enrolls in Real Estate courses.

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Do you offer any online classes?

The Real Estate program is offered in two different formats: on campus and online. Classes for the on-campus program take place at 640 Massachusetts Avenue, with occasional lectures and assignments offered in a virtual setting. The Real Estate online program is completely virtual, and students participate in all lectures and assignments directly via their computers.

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Is there an international focus?

Yes. One of the specialized concentrations is focused on global real estate. This concentration covers both US investments overseas as well as global investment and development in regions here in the US, and includes both established and emerging markets.

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What professional and career services are available through the program?

The Georgetown University School of Continuing Studies is committed to providing students with the resources they need for successful career management, including help with new job searches and other career transitions such as promotions, switching to new industries and, of course, networking. For more information, visit the Career Services section of the website.

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Do you have an alumni network?

The program boasts a strong alumni body that is engaged and supportive. Alumni create networking and professional development opportunities by organizing and supplementing events, providing mentoring resources, serving as guest speakers and engaging the industry through their professional connections.

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Are applicants required to have commercial work experience?

Most applicants have at least a few years of work experience working in a particular sector of the commercial real estate industry. This may include leasing, property management, construction, lending, design, or development.

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ONLINE FORMAT-SPECIFIC QUESTIONS

Is there a difference between the online and on-campus format?

The learning outcomes are the same for both online and on-campus courses. The format for how the course is delivered is the main difference between the two. The online courses have been developed by campus faculty, but are designed for students who prefer learning in a flexible online community and/or are not located in the D.C. metro area. Both programs are aligned with Georgetown’s Jesuit values and mission. 

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What does an online course format look like?

The online format is structured into 7.5-week modules, except MPRE 950 Real Estate Capstone which is a full semester, 15-week course. Students can take two modular courses a semester, and complete the degree in five semesters. Typically, online courses are taken consecutively–one per each module while two campus courses are taken concurrently over the same 15-week semester. A typical campus class has up to 25 students, while a typical online class has up to 20 students.

In a campus class, students complete homework on the weekly topics and then come to class ready to discuss these topics with their fellow students verbally. In an online class, students complete homework and submit written answers or financial calculations and then exchange their answers and comment in writing on their fellow students’ work. Both online and campus classes require submission of written case studies and completion of midterm and final exams.

The online classes are “asynchronous”. Although all work may be due by a standard weekly deadline, there is complete flexibility as to when students need to carry out their work, as long as they submit it by the deadline.

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Will all on-campus courses be available in the online format?

To date, the program offers the following 10 courses in the online format:

  • MPRE 500: Ethics in Action
  • MPRE 621: Foundations of Real Estate Finance
  • MPRE 601: Foundations of Real Estate Law
  • MPRE 631: Foundations of Real Estate Markets
  • MPRE 641: Foundations of Real Estate Accounting
  • MPRE 702: Development and Construction Project Management
  • MPRE 735: Structured Finance
  • MPRE 775: The Impact of Globalization on Real Estate
  • MPRE 752: Sustainable Development and Construction
  • MPRE 950: Real Estate Capstone

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When will these courses be available in the online format?

All of the aforementioned online courses are available as of Fall 2016 except MPRE 950 Real Estate Capstone which will be available Spring 2017.

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Can I take both on-campus and online format during my time in the program?

Yes, pending space availability.

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Will the faculty be the same for both the on-campus and online courses?

The master’s in Real Estate selects experts in their particular field to teach all our courses, whether on-campus or online.

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Will the admissions process be the same for both the on-campus and online format?

Yes, the admissions process and criteria are the same for students, regardless of the online or on-campus formats.

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How can I determine if my state or country of residence is eligible for the online format?

Georgetown University is not yet able to offer the online format in every state. Please check your state or country’s eligibility on the Important Policies for Online Students page.

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