Real Estate, MBA
The Wharton School has offered a real estate major for MBA students and undergraduates since 1985. The major has grown and developed, both in size and scope. The major consists of two required credit units and three electives. While the required courses focus on real estate development and finance, the electives allow students to explore a variety of issues related to real estate. These include real estate economics, urban fiscal policy, real estate law, housing markets, the relationship between government policy and private development, international real estate markets.
The real estate major prepares students to be leaders in the real estate industry and provides the quantitative and qualitative tools necessary for their roles in shaping the future of the industry. To keep students informed of current issues in Real Estate, the Real Estate Department and Samuel Zell and Robert Lurie Real Estate Center sponsors conferences, seminars, and special programs on vital public policy issues relevant to the field.
For more information: https://real-estate.wharton.upenn.edu/programs/mba/major/
Curriculum
A minimum of 19 course units is required for graduation.
Major electives taken on a pass/fail basis cannot be counted toward the Real Estate major.
| Code | Title | Course Units |
|---|---|---|
| Real Estate Major Requirements | ||
| REAL/FNCE 7210 | Real Estate Investment: Analysis and Financing | 1 |
| REAL 8210 | Real Estate Development | 1 |
| Select 3 course units from the following: | 3 | |
| Global Real Estate: Risk, Politics and Culture | ||
| Housing Markets | ||
| Urban Real Estate Economics | ||
| Urban Fiscal Policy | ||
| Real Estate Law | ||
| International Housing Comparisons | ||
| Advanced Real Estate Investment and Analysis | ||
| Real Estate Disruptions | ||
| International Real Estate Comparisons | ||
| Real Estate Entrepreneurship | ||
| Independent Study | ||
| Electives | ||
| Select 4.5 course units of electives | 4.5 | |
| MBA Core Requirements | 9.5 | |
| Total Course Units | 19 | |
MBA Core Requirements
| Code | Title | Course Units |
|---|---|---|
| Accounting | ||
| Select one of the following: | 0.5-1 | |
| Fundamentals of Financial Accounting | ||
| Fundamentals of Financial and Managerial Accounting | ||
| Finance 1 | ||
| Corporate Finance | ||
| Select one of the following: | 0.5-1 | |
| Corporate Finance | ||
| Corporate Finance (Half CU) | ||
| Macroeconomics | ||
| Select one of the following: | 0.5-1 | |
| Macroeconomics and the Global Economic Environment | ||
| Macroeconomics and The Global Economic Environment (Half CU) | ||
| Legal Studies | ||
| LGST 6110 | Responsibility in Global Management | 0.5 |
| or LGST 6120 | Responsibility in Business | |
| or LGST 6130 | Business, Social Responsibility, and the Environment | |
| Microeconomics | ||
| BEPP 6110 | Microeconomics for Managers: Foundations | 0.5 |
| BEPP 6120 | Microeconomics for Managers: Advanced Applications | 0.5 |
| Management | ||
| MGMT 6100 | Foundations of Teamwork and Leadership | 0.5 |
| MGMT 6110 | Managing Established Enterprises | 1 |
| or MGMT 6120 | Management of Emerging Enterprises | |
| Marketing | ||
| MKTG 6110 | Marketing Management | 0.5 |
| MKTG 6120 | Dynamic Marketing Strategy | 0.5 |
| or MKTG 6130 | Strategic Marketing Simulation | |
| OIDD | ||
| Select one unit of the following: | 0.5-1 | |
| Quality and Productivity | ||
| Business Analytics | ||
| Online Business Models and the Information-Based Firm | ||
| Innovation | ||
| Operations Strategy | ||
| Enabling Technologies | ||
| Managerial Decision Making | ||
| Statistics | ||
| STAT 6130 | Regression Analysis for Business 2 | 1 |
| or STAT 6210 | Accelerated Regression Analysis for Business | |
| Management Communication | ||
| Select one of the following options: | 0.5 | |
| Option 1 | ||
| Management Communication | ||
| Advanced Persuasive Speaking | ||
or WHCP 6150 | Communication Challenges for Entrepreneurs | |
or WHCP 6240 | Persuasive Writing for Business Leaders | |
| Option 2 | ||
| Management Communication | ||
or WHCP 6180 | Entrepreneurial Communication | |
| Total Course Units | 9.5 | |
The degree and major requirements displayed are intended as a guide for students entering in the Fall of 2024 and later. Students should consult with their academic program regarding final certifications and requirements for graduation.