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.

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.

Real Estate Major Requirements
REAL/FNCE 7210Real Estate Investment: Analysis and Financing1
REAL 8210Real Estate Development1
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 electives4.5
MBA Core Requirements9.5
Total Course Units19

MBA Core Requirements

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 6110Responsibility in Global Management0.5
or LGST 6120 Responsibility in Business
Microeconomics
MGEC 6110Microeconomics for Managers: Foundations0.5
MGEC 6120Microeconomics for Managers: Advanced Applications0.5
Management
MGMT 6100Foundations of Teamwork and Leadership0.5
MGMT 6110Managing Established Enterprises1
or MGMT 6120 Management of Emerging Enterprises
Marketing
MKTG 6110Marketing Management0.5
MKTG 6120Dynamic Marketing Strategy0.5
or MKTG 6130 Strategic Marketing Simulation
OIDD
Select one unit of the following:0.5
Quality and Productivity
Business Analytics
Online Business Models and the Information-Based Firm
Innovation
Operations Strategy
Enabling Technologies
Managerial Decision Making
Statistics
STAT 6130Regression Analysis for Business 21
or STAT 6210 Accelerated Regression Analysis for Business
Management Communication
WHCP 6110Management Communication0.25
Select one of the following:0.25
Advanced Persuasive Speaking
Communication Challenges for Entrepreneurs:
Persuasive Writing for Business Leaders
Total Course Units9
1

Students cannot enroll in both FNCE 6210 and FNCE 6230.

2

STAT 6210 is by placement only.


The degree and major requirements displayed are intended as a guide for students entering in the Fall of 2022 and later. Students should consult with their academic program regarding final certifications and requirements for graduation.