University

University of Cambridge

MPhil in Real Estate Finance

Program overview

The real estate finance program has been meticulously crafted to offer course participants rigorous training in the latest concepts from key areas as they apply to international real estate markets.

Last updated: May 27, 2024

Academic Information

Degree offered

MPhil in Real Estate Finance

Length of program

10 months

Number of Credits Required

10 credits

Mode of learning

On Campus

Unique real estate academic features

The MPhil in Real Estate Finance offers students an integrated theoretical and practical instruction in finance, investment, economics, and law, specifically tailored to global commercial property markets. Students are equipped with the analytical methods and techniques necessary for commercial property financing, investment, and development. The curriculum is structured to enable property specialists to effectively collaborate with other corporate finance professionals. Consequently, significant emphasis is placed on ensuring students’ familiarity with cutting-edge concepts in mixed-asset portfolio analysis, risk management, financial engineering, and option-based valuation models.

Courses and disciplines/concentrations offered

Compulsory Modules:

Corporate finance and real estate
Real estate finance and investment
Mixed research methods
Dissertation, Research Design, and Structure (Michaelmas Term)

Optional Modules:

Further topics in quantitative methods
Spatial Analysis and Modelling
Energy and climate change
National, Comparative, and European Environmental Law and Policy
Comparative environmental policy
Spatial economics
Institutions and development I
Institutions and development II
Real estate development process
The macroeconomy and housing
Legal Issues in Land Use and Finance

Real Estate Extracurricular Opportunities

Notable traditions & events

Real Estate Competition

Real estate extracurricular activities available

Networking opportunities

Cambridge University Land Society (CULS)
The Cambridge University Real Estate Finance and Investment Society (CUREFIS)

Recruiting

General info on roles students fill after graduation

Banking & Finance
Property-related roles
Consultancy

Greystar
Grosvenor
Homes England
Knight Frank
LaSalle
L&G
Macfarlanes
Northwood Capital
Places for People
RBC Real Estate Capital Partners
Real Estate Balance
REVCAP
Rockbourne
Savills
Strutt & Parker
tdm recruitment
TfL Commercial Development
Wates
Wells Fargo
WIRE (Women in Real Estate)

Common employers

AECOM
APAM
ARUP
Bank of America
Barton Willmore, now Stantec
BPIC Network
Bidwells
Built-ID
British Land
Brockton Everlast
Cambridge Land Economy Advisory Board
Cambridge University Careers Service
Carter Jonas
Colliers
Cushman & Wakefield
Currie & Brown
Deloitte
Eastdil Secured
Fabrix
Fourth Street
Gerald Eve
Goldman Sachs

Faculty and Research

Faculty & Staff for the Program

See full list of faculty here

Distinguished real estate faculty members or research areas

Nick Mansley

Executive Director, Real Estate Research Centre & Course Director, MSt Real Estate

Colin Lizieri

Emeritus Professor of Real Estate Finance

Philip Kalikman

Assistant Professor of Real Estate, Finance and Economics

Mention any recent real estate research achievements or ongoing projects

Maximilian Exler: Real Estate Investment Trusts in Bear Markets: To What Extent Drivers of Returns and Volatility Change in Times of High Uncertainty
Thuqan AlHindawi: Can BD/ML techniques enhance RE markets’ transparency by providing a more efficient/robust way to examine the risk/return profile of real estate as an asset class?
Kahshin Leow: Spatial dependencies and their effects on real estate funds
Haotong Li: Overconfidence and real estate investment
He Tang: Political Uncertainty in The Real Estate Industry
Jiabin Wei: Dynamic Prediction of the Real Estate Price Spatial Distribution in the Autonomous Vehicle Era with Hedonic Regression and Reinforcement Learning-aided Microsimulation Integrated Model — A Case Study of Shanghai

Alumni Support

Successful real estate alumni

James Webb

Senior Vice President at Eastdil Secured

Adam Isaacs

Managing Director at Brockton Everlast

Lukas Endl

COO @ Linus Digital Finance | Ex-McKinsey

Real estate alumni networks and associations

Cambridge University Land Society (CULS)

Accreditations and Rankings

Awards or recognition

Douglas Blusten Prize for best performance in the dissertation for the Real Estate Finance MPhil
Alistair Ross-Goobey Prize for best overall performance on the Real Estate Finance MPhil.