professionals in the real estate industry. By blending study in business,
geography, architec- ture, and engineering, the program both balanc- es real
estate ...
UNIVERSITY OF SOUTH FLORIDA COLLEGE OF BUSINESS The Master of Science in Real Estate (MSRE)
Why an MS in Real Estate? The Master of Science in Real Estate (MSRE) is a specialized degree that provides a practical approach for individuals who aspire to become professionals in the real estate industry. By blending study in business, geography, architecture, and engineering, the program both balances real estate theory and practice and provides application of research to real-world problems within a well-defined framework. This interdisciplinary approach to real estate and land use management distinguishes USF’s program from more traditional real estate programs that focus almost exclusively on the business aspects of real estate. Further, because each of the participating colleges—Arts, Arts and Sciences, Business, and Engineering—has a critical mass of faculty who work in the area, the program includes a focus on sustainability. Unlike the MBA, the MSRE is a targeted degree that does not require students to have professional experience prior to program entry. While the degree is open to all majors, typical students in the program possess strong motivation and good quantitative skills. Students who lack understanding of economics and finance might be required to take tools courses in addition to the minimum 34 hours of coursework required to earn an MSRE.
Admission Requirements • • • •
Minimum score of 550 on the GMAT (comparable GRE scores can be considered). Minimum 3.0 GPA in an undergraduate program from an accredited university Work experience is desirable, but not required. International students must also have a minimum TOEFL score of 550 on the written test, 213 on the computerized test, or 79 on the Internet-based test.
“The metropolitan
location of USF provides a great opportunity for MSRE students to connect with the market and local business leaders.”
Dr. Greg Smersh Department of Finance
About the Program
Required Courses (25 hours)
The program is comprised of 34 hours of coursework. Full-time students can complete the program in three semesters; part-time students can finish in six (or fewer) semesters. Students must earn a grade of C or better in each course, and a minimum GPA of 3.0 to remain in good standing in the program.
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It is expected that the following tools courses have been completed as prerequisites to the MSRE courses. These tools courses can be waived for students who have completed equivalent courses in either an undergraduate program or a graduate program that is AACSB accredited. A course normally will be waived only if it has been completed with a grade of A or B within 5 years of entering the MSRE program. • • • • • •
Financial Accounting (ACG 6025) Managerial Accounting & Control (ACG 6075) Managerial Economics (ECO 6114) Global Economic Environment of Business (ECO 6204) Financial Management (FIN 6934) Managerial Decision Analysis (QMB 6305)
An integral part of the training provided to MSRE students is “hands-on” experience with software packages that students will use in the profession, including the use of geographic information systems (GIS) software, ARGUS, and advanced real estate applications of spreadsheets. Students will also have access to prominent real estate professionals through a distinguished speaker series as well as mentoring from advisory board members.
Advanced Financial Management (FIN 6416) • Real Estate Decisions (REE 6045) • Real Estate Financing (REE 6207) • Real Estate Investment (REE 6305) • Real Estate Development (REE 6737) • GIS for Non-Majors (GIS 5049) • Green Infrastructure and Sustainable Community (CGN 6933) • Research Methods for Urban & Regional Planning (URP 6232) • The City (ARC 5931) Core finance courses may be waived for students who graduated with finance or real estate majors from AACSB accredited programs within 5 years of entering the MSRE program. Only courses with the same content as the core finance courses can be used to satisfy the MSRE course requirements, and students must have earned grades of A or B to have such courses waived. Advanced finance elective courses with the same total credit hours must be substituted for waived courses.
Electives (9 hours) Students choose three electives from business, geography, architecture, and engineering courses. Electives can be selected to focus in one of the following areas of real estate: • Financial • Design/construction • Planning and development • Transactions • Sustainability A list of electives can be found on the MSRE website at: http://coba.usf.edu/departments/finance/ programs/program-msre.html
Financial Assistance The Department of Finance has a limited number of graduate assistantships (GA) available, which include partial tuition waivers. Scholarships are also available for MSRE students. To learn more about GA positions and scholarships, contact the chair of the Department of Finance.
How to Apply Complete a formal application at http://www.grad.usf.edu/graduate-admissions.asp
MSRE Website For more information about the MSRE, visit the program website at: http://business.usf.edu/programs/master/finance/realestate/
Department of Finance | College of Business University of South Florida 4202 E. Fowler Avenue, BSN3403 Tampa, FL 33620-5500 Physical location BSN 3132 Telephone (813) 974-2081 | Fax (813) 974-3084 www.coba.usf.edu/departments/finance/programs/msre.html
