Master of Science in Real Estate (MSRE)
Your gateway to the exciting world of commercial and institutional real estate
Fordham’s Master of Science in real estate (MSRE) provides a comprehensive understanding of real estate finance, investment, valuation, and asset management—while offering the opportunity to develop professional skills in other areas through collaboration with our Master of Science in real estate development, Master of Science in construction management, and Master of Science in hospitality programs. The program resides within Fordham’s Real Estate Institute and will put you on track for leadership positions in real estate investment, acquisitions, commercial brokerage, appraisal/consulting, debt and equity capital markets, asset management, and more.
At a Glance

- Program: Master of Science
- Credit Hours: 36 credits
- Duration: 1 year (full time) or 2+ years (part time)
- Location: Online or Hybrid (in-person classes at Lincoln Center campus)
- Applications Due: Applications will be considered on a rolling basis
- Cost per Credit: $1,610
- Tuition Cost: $57,960
- Scholarship Awards Available
- No GMAT/GRE Required
Program Facts
Can you see yourself in the MSRE program? Start your application today or register for an information session.
What Defines Fordham’s MSRE Program?
The 36-credit Master of Science in real estate (MSRE) provides a comprehensive understanding of the multidisciplinary real estate field. The program presents a broad study of the finance, investment, valuation, development, and asset management aspects of real estate while offering the opportunity to develop skills in other areas of the industry that are important to individual careers.
Deadlines and Requirements
Deadlines: We accept students on a rolling basis, but our preferred deadlines are June 1 for fall admission and November 1 for spring admission. International applicants are strongly encouraged to apply by April 1 for fall admission and October 15 for spring admission.
Application Requirements:
- Official undergraduate transcript(s) from an accredited university:
Please order your official transcripts to be electronically sent to pcsinfo@fordham.edu. If your institution only offers mailed copies, please send them to:
Fordham University
School of Professional and Continuing Studies
113 W. 60th St., Room 310
New York, NY 10023
Note: We can make an admissions decision using your unofficial undergraduate transcript, but we will need an official transcript prior to enrollment decision. - Resume or CV
- Personal Statement: Tell us about your decision to pursue a master’s degree at the Fordham Real Estate Institute. How will this degree help you to achieve both your short-term and long-term goals? What skills will you combine with this degree to achieve them? Please be sure to address each part of the question. We recommend a length of approximately 500 words.
- Two letters of recommendation: These may be academic or professional references. The system will request contact information for links to be sent to the reference provider, or you may upload them yourself.
- GMAT test scores, if available.
- Official undergraduate transcript(s) from an accredited university:
The Fordham Real Estate Institute offers several scholarship opportunities to incoming students. This is financial aid that you don't have to pay back. Students must be enrolled in a minimum of six graduate credits in the fall and spring semester and maintain a 3.0 grade point average. Additional payment plans and loan programs are available through Fordham’s graduate financial aid program.
- Notifications for fall semester scholarships begin going out via email to newly admitted graduate students in mid-April of the entering year.
- Notifications for spring semester scholarships begin going out via email to newly admitted graduate students in mid-November.
- All scholarship funding questions can be directed to admissions at dlesperance@fordham.edu.
Dean's Awards up to $10,000
The School of Professional and Continuing Studies offers an array of Dean’s Awards that are applied in your first year of study in equal halves in the fall term and in the spring term.Applicants who would like to be considered for one of the following Dean’s Awards should email Debbie Lesperance, director of PCS admissions, at dlesperance@fordham.edu. No additional application required.
- Dean’s Scholar Award: $10,000
The Dean’s Scholar award is the most competitive award offered through the Real Estate Institute. The scholarship committee identifies those who present the strongest applications, with an emphasis placed on prior academic performance, work experience, and the insight provided in a required admissions essay. - Dean’s Merit Award: $4,000 – $6,000
- Dean’s Advanced Graduate Certificate Award: $2,700
Building Futures Scholarships $5,000 – $15,000
The Fordham Real Estate Institute Executive Advisory Council has created a Building Futures Scholarship Fund designed to offer financially challenged residents in the NYC five boroughs and surrounding counties access to graduate programs and meaningful careers in real estate and construction, including hospitality and leisure-related projects.An application is required. Please email realestate@fordham.edu for the Building Futures Scholarship application.
Requirements for applicants:
- Must be a resident of one of the NYC five boroughs or surrounding counties
- Must be admitted to a PCS REI graduate program
- Must complete the Free Application for Federal Student Aid (FAFSA) application
- Building Futures Scholarship Application must include a personal statement of financial impact.
See our financial aid web page for information on external scholarships.
Courses at a Glance
- Real Estate Finance
- Real Estate Accounting and Taxation
- Real Estate Legal Concepts and Contracts
- Real Estate Financial Modeling
- Real Estate Economics and Market Analysis
- Real Estate Structures and Capital Markets
- Real Estate Valuation and Investment Analysis
- Negotiation and Ethics
Curriculum Highlights
- Core curriculum (21 credits) addresses the most important elements of real estate finance, investment, legal issues, economics, market analysis, and negotiation.
- Flex core curriculum (6 credits) allows students to choose their intended career focus, including real estate development, portfolio management, credit analysis and underwriting, and asset management.
- Elective program (6 credits) allows students to immerse themselves in specialized topics of their choice.
- Capstone project (3 credit) offers students the opportunity to apply what they have learned in a real-world setting using professional-quality practices.
For a full list of curriculum and requirements for the MSRE program, visit the academic bulletin.
Joshua Harris, Ph.D., CRE, CCIM
Joshua Harris, executive director of the Fordham Real Estate Institute, is a leading real estate economist and investment strategist specializing in real estate development, finance, capital markets, and business organizational leadership and strategy.
Harris is also the managing partner of the Lakemont Group, a boutique real estate and economic consultancy with offices in Orlando and New York. He excels at assessing feasibility/profitability of projects, markets, and investment strategies/funds; examining the state of the macroeconomy and its impacts on real estate markets; delivering dynamic presentations for industry audiences; and providing strategic guidance and business development services for large organizations. He has been routinely called on as an expert witness and for media interviews in the field of real estate, finance, and economics.
F.A.Q.
Graduates of the MSRE program would be expected to take mid- to senior management positions within the commercial real estate industry.
Career paths include:
- real estate accounting
- real estate acquisitions
- real estate advisory/consulting services
- real estate appraisal/valuation
- real estate asset management
- real estate brokerage — residential (transactions and rentals)
- real estate brokerage — commercial (commercial transactions and leasing)
- real estate debt finance; mortgage debt origination, underwriting and credit analysis
- real estate development
- real estate dispositions
- real estate economics (research)
- real estate equity finance; equity structuring
- real estate investment (analyst)
- real estate investment (as principal)
- real estate investment banking
- real estate law
- real estate loan servicing
- real estate management (corporate real estate)
- real estate marketing and public relations
- real estate operations and management for government entities
- real estate portfolio management
- real estate property management (commercial and residential)
- real estate taxation
- facilities management
Yes, our program is designed for working professionals and career changers.
No. We welcome applicants directly out of undergraduate studies as well as career changers.
Yes! Through the Fordham REI Executive Advisory Council, the REI Mentorship Program pairs REI master’s students with dedicated, experienced industry professionals. Students benefit from the advice and counsel of mentors regarding career options and goals.
View more frequently asked questions about completing a degree in real estate.
For more information, call 212-636-7626 or email realestate@fordham.edu.