University

The Pennsylvania State University

Master of Real Estate in Real Estate Analysis and Development

Program overview

The Master of Real Estate in Real Estate Analysis and Development provides students with expertise in market analysis, site selection, valuation, and portfolio management, readying them for commercial real estate careers.

Last updated: April 16, 2024

Academic Information

Degree offered

Master of Real Estate in Real Estate Analysis and Development

Length of program

9 months

Number of Credits Required

30 credits

Mode of learning

On Campus

Unique real estate academic features

The Master of Real Estate in Real Estate Analysis and Development program imparts students with analytical skills rooted in economics and finance, essential for effective participation in the real estate industry. Students will acquire the necessary competencies to thrive in today’s dynamic work environments, develop a robust understanding of the challenges facing the real estate sector, and cultivate an appreciation for cutting-edge research used to address market issues. Additionally, the program provides a solid foundation in decision analysis, project management, accounting, valuation, market analysis, econometrics, investment analysis, and finance, enhancing the appeal of the target audience to hiring managers and facilitating rapid advancement into management and leadership roles.

Courses and disciplines/concentrations offered

Required Courses

Quantitative Analysis for Managerial Decision Making
Communication Skills for Management
Foundation in Managerial Accounting

Elective Courses:

Real Estate Law
Contemporary Issues in Real Estate Markets
Institutional Real Estate Investment
Quantitative Analysis for Real Estate
Real Estate Financial Analysis
Real Estate Institutions and Markets Analysis
Real Estate Analysis Software and Tools
Real Estate Development and Analysis
Real Estate and Business Valuation
Colloquium

Culminating Experience

Capstone Experience

Real Estate Extracurricular Opportunities

Notable traditions & events

Penn State Information Tables and Information Sessions

Real estate extracurricular activities available

Intercollegiate Athletic Programs
Penn State IFC/Panhellenic Dance Marathon

Networking opportunities

Borrelli Institute for Real Estate Studies
Career Inventories: Assess your skills, interests, personality type, and work values to align with future business opportunities.
Virtual Coaching: Tap into the expertise of Smeal alumni and partners through platforms like Zoom and WebEx.
Resume Evaluation: Receive feedback from coaches to optimize your resume and effectively showcase your talents to employers before starting your program.
Interview Practice: Hone your interview skills by practicing responses to commonly asked questions in a virtual setting.
Recruitment Management System: Access job openings, post your resume, schedule interviews, and stay updated on recruiter visits through our online platform.
On-Campus Recruiting: Meet with recruiters who visit our campus, whether you are pre-selected or attending an open interview session.
On-Site and Remote Interviews: We coordinate interviews at the recruiter’s site or provide facilities for phone, teleconference, and videoconference interviews.

Recruiting

General info on roles students fill after graduation

CAD Designer
Capital Markets Analyst
Financial Analyst
Investment Banking Associate
Investment Sales Advisor
Portfolio Analyst
Project Manager
Retail Banker

Average salary post graduation

$77,200

KB Kookmin Bank
PNC
Sands Investment Group, Inc.
Seagis Property Group LP

Common employers

Chatham Financial Corp.
Community Cultivation Network
Howard I. Shapiro & Associates

Faculty and Research

Faculty & Staff for the Program

See full list here.

Distinguished real estate faculty members or research areas

Brent W. Ambrose

Professor of Real Estate, Program Director, Director of Ph.D. Program, Director of Borrelli Institute for Real Estate Studies

Mallory Meehan

Associate Clinical Professor of Real Estate, Assistant Director of Institute for Real Estate Studies

Liang Peng

Professor of Risk Management

Alumni Support

Successful real estate alumni

Lawrence Colorito

Senior Managing Director, Valbridge Property Advisors | Axial Advisory Group, LLC

Justin Pelsinger

Partner & Chief Operating Officer-Charney Companies

Real estate alumni networks and associations

Penn State Alumni Association
LionLink
Penn State Real Estate Society

Accreditations and Rankings

Awards or recognition

Penn State Smeal Team Won 2nd Place in Villanova Real Estate Challenge. Four Penn State Smeal College of Business undergraduate students won second place after competing with 16 teams earlier this month at the seventh annual Villanova Real Estate Challenge.

Financial Information

Tuition fees

Res. $27,746
Non Res. $46,152

Financial aid

Available.

Scholarships

Available.

General information

Where is the program housed on campus?

220 Business Building University Park PA 16802, United States

State of the art Facilities

The Business Building has been recognized as one of the most beautiful business school facilities in the world. Dedicated in 2005, this 210,000-square-foot building was designed by renowned Robert A.M. Stern Architects.