Master of Real Estate

Page 1

ADMISSIONS CRITERIA

PROGRAM HIGHLIGHTS S T R O N G T I E S T O R E A L E S TAT E C O M M U N I T Y, U N M AT C H E D JOB PLACEMENT

S O L I D F O U N D AT I O N I N BUSINESS, COMMERCIAL R E A L E S TAT E K N O W L E D G E

The MRE program draws upon its strong ties to the professional real estate community, as well as the powerful Aggie Network, to achieve an unmatched, 100-percent job placement. Graduates have built successful careers at companies as diverse as Alliant, Deloitte, Goldman Sachs, Integra, JPMorgan Chase, LaSalle Investments and MetLife.

The program’s curriculum provides students with a solid foundation in finance, real estate law, economics, market analysis and negotiations. By participating in a number of real estate organizations, pursuing professional internships and interacting with executive speakers and members of the Mays Real Estate Roundtable, you will develop a fundamental knowledge of commercial real estate to immediately add value in the marketplace.

ACCESS TO THE L AT E S T R E S E A R C H With easy access to researchers and the latest data from the nationally recognized Texas A&M Real Estate Center, MRE students can advance their industry education and stay ahead of market trends.

PROFESSIONAL D E S I G N AT I O N S Coursework in the MRE program is accepted for professional designations at many organizations, enabling you to obtain your credentials and establish yourself more quickly as a commercial real estate expert. Designations include: • •

Member of the Appraisal Institute (MAI) designation Certified Commercial Investment Member (CCIM) designation

“The Master of Real Estate program helped ignite my career in commercial real estate through the focus on relationships and knowledge—both keys to success in the real estate field. The program allowed me to meet major players in the industry and foster professional relationships. Because of the broad knowledge base, intellectual tools and networking skills learned in the MRE program, I have cultivated a prosperous career in the commercial real estate industry.” Nick Craig ‘07 Partner and Director of Finance Archangel Capital Partners, LLC

ADMISSION

TUITION AND FEES

Spring and Fall admission to the Master of Real Estate (MRE) program is based on an assessment of the following elements: • Demonstrated leadership and academic potential • Strong academic performance in the last 60 hours of undergraduate coursework • Competitive GMAT or GRE score (GMAT is required for all international applicants) • Letters of reference • Honors, awards and extracurricular activities • Relevant work experience (recommended but not required) • Performance during personal interview

The MRE program is priced competitively with other similar programs across the United States. Resident tuition and fees are estimated at $28,000 for 16 months. This amount does not include books, living or other incidental expenses. For the latest about tuition and fees, visit sbs.tamu.edu.

R E Q U I R E D M AT E R I A L S Candidates must submit the following application materials to be considered for admission: • Online application, which includes an application fee • Three recommendations, submitted electronically (Letters of reference?) • Professional résumé • GMAT or GRE score • Essay questions • Scanned copies of transcripts (official transcripts are required once admission offer is accepted) • Transcript evaluation from wes.org for all applicants from international universities • TOEFL scores (international students only)

All admitted students, both domestic and international, are eligible for a limited number of program scholarships. In addition, all students are automatically considered for a limited number of departmental, college and universitylevel scholarships and fellowships. Information about how to obtain financial aid is available through the Texas A&M Office of Financial Aid at financialaid.tamu.edu. GENERAL CLASS PROFILE Class Size:

35 - 45

Average GMAT:

500

Average GRE:

290 - 300*

Average Undergraduate GPA (last 60 hours): 3.3 I M P O R TA N T D E A D L I N E S The MRE program is currently admitting qualified students for the fall and spring semesters. For the latest deadlines, visit mays.tamu.edu/mre. PRIORITY DEADLINES

Angela Degelman Program Coordinator, Graduate Programs adegelman@mays.tamu.edu 979-845-4858

Commercial real estate is an increasingly complex, highly competitive and fast-paced industry. To build a successful career in this industry, professionals must possess the knowledge, skills and connections to stay apprised of industry trends, tap into the latest research and navigate the changing economic climate.

SCHOLARSHIPS, FELLOWSHIPS AND FINANCIAL AID

Complete program and admissions information can be found online at mays.tamu.edu/mre. CONTACT INFORMATION

U N M AT C H E D J O B P L A C E M E N T I N A H I G H LY C O M P E T I T I V E I N D U S T R Y

Fall entry: Applications submitted with test scores by March 15 will receive priority consideration. Spring entry: Applications submitted with test scores by Oct. 15 will receive priority consideration.

Applicants are encouraged to apply by the priority consideration dates, as the program often fills with applicants from the priority pool. The deadline for international applicant late review is Feb. 15 for fall and Sept. 15 for spring.

Within this competitive, rapidly changing environment, the Mays Master of Real Estate (MRE) program has an unmatched track record:

100%

JOB PLACEMENT

MASTER OF

For the past 35 years, the MRE program has achieved 100-percent job placement of all graduates within six months of graduation.

R E A L E S TAT E

Graduates of the program have secured a wide range of professional positions from leading companies across the commercial real estate spectrum—from developing and valuing to owning commercial real estate properties.

PLACEMENT – LAST FIVE YEARS Industries

Top Five Employers Altus (PwC spinoff) Wells Fargo JPMorgan Chase CBRE USAA

11 7 6 5 4

14%

Development

7% 4%

16% 8%

Investment

17%

Leadership/Other Finance Brokerage

34%

Valuation Consulting


ADMISSIONS CRITERIA

PROGRAM HIGHLIGHTS S T R O N G T I E S T O R E A L E S TAT E C O M M U N I T Y, U N M AT C H E D JOB PLACEMENT

S O L I D F O U N D AT I O N I N BUSINESS, COMMERCIAL R E A L E S TAT E K N O W L E D G E

The MRE program draws upon its strong ties to the professional real estate community, as well as the powerful Aggie Network, to achieve an unmatched, 100-percent job placement. Graduates have built successful careers at companies as diverse as Alliant, Deloitte, Goldman Sachs, Integra, JPMorgan Chase, LaSalle Investments and MetLife.

The program’s curriculum provides students with a solid foundation in finance, real estate law, economics, market analysis and negotiations. By participating in a number of real estate organizations, pursuing professional internships and interacting with executive speakers and members of the Mays Real Estate Roundtable, you will develop a fundamental knowledge of commercial real estate to immediately add value in the marketplace.

ACCESS TO THE L AT E S T R E S E A R C H With easy access to researchers and the latest data from the nationally recognized Texas A&M Real Estate Center, MRE students can advance their industry education and stay ahead of market trends.

PROFESSIONAL D E S I G N AT I O N S Coursework in the MRE program is accepted for professional designations at many organizations, enabling you to obtain your credentials and establish yourself more quickly as a commercial real estate expert. Designations include: • •

Member of the Appraisal Institute (MAI) designation Certified Commercial Investment Member (CCIM) designation

“The Master of Real Estate program helped ignite my career in commercial real estate through the focus on relationships and knowledge—both keys to success in the real estate field. The program allowed me to meet major players in the industry and foster professional relationships. Because of the broad knowledge base, intellectual tools and networking skills learned in the MRE program, I have cultivated a prosperous career in the commercial real estate industry.” Nick Craig ‘07 Partner and Director of Finance Archangel Capital Partners, LLC

ADMISSION

TUITION AND FEES

Spring and Fall admission to the Master of Real Estate (MRE) program is based on an assessment of the following elements: • Demonstrated leadership and academic potential • Strong academic performance in the last 60 hours of undergraduate coursework • Competitive GMAT or GRE score (GMAT is required for all international applicants) • Letters of reference • Honors, awards and extracurricular activities • Relevant work experience (recommended but not required) • Performance during personal interview

The MRE program is priced competitively with other similar programs across the United States. Resident tuition and fees are estimated at $28,000 for 16 months. This amount does not include books, living or other incidental expenses. For the latest about tuition and fees, visit sbs.tamu.edu.

R E Q U I R E D M AT E R I A L S Candidates must submit the following application materials to be considered for admission: • Online application, which includes an application fee • Three recommendations, submitted electronically (Letters of reference?) • Professional résumé • GMAT or GRE score • Essay questions • Scanned copies of transcripts (official transcripts are required once admission offer is accepted) • Transcript evaluation from wes.org for all applicants from international universities • TOEFL scores (international students only)

All admitted students, both domestic and international, are eligible for a limited number of program scholarships. In addition, all students are automatically considered for a limited number of departmental, college and universitylevel scholarships and fellowships. Information about how to obtain financial aid is available through the Texas A&M Office of Financial Aid at financialaid.tamu.edu. GENERAL CLASS PROFILE Class Size:

35 - 45

Average GMAT:

500

Average GRE:

290 - 300*

Average Undergraduate GPA (last 60 hours): 3.3 I M P O R TA N T D E A D L I N E S The MRE program is currently admitting qualified students for the fall and spring semesters. For the latest deadlines, visit mays.tamu.edu/mre. PRIORITY DEADLINES

Angela Degelman Program Coordinator, Graduate Programs adegelman@mays.tamu.edu 979-845-4858

Commercial real estate is an increasingly complex, highly competitive and fast-paced industry. To build a successful career in this industry, professionals must possess the knowledge, skills and connections to stay apprised of industry trends, tap into the latest research and navigate the changing economic climate.

SCHOLARSHIPS, FELLOWSHIPS AND FINANCIAL AID

Complete program and admissions information can be found online at mays.tamu.edu/mre. CONTACT INFORMATION

U N M AT C H E D J O B P L A C E M E N T I N A H I G H LY C O M P E T I T I V E I N D U S T R Y

Fall entry: Applications submitted with test scores by March 15 will receive priority consideration. Spring entry: Applications submitted with test scores by Oct. 15 will receive priority consideration.

Applicants are encouraged to apply by the priority consideration dates, as the program often fills with applicants from the priority pool. The deadline for international applicant late review is Feb. 15 for fall and Sept. 15 for spring.

Within this competitive, rapidly changing environment, the Mays Master of Real Estate (MRE) program has an unmatched track record:

100%

JOB PLACEMENT

MASTER OF

For the past 35 years, the MRE program has achieved 100-percent job placement of all graduates within six months of graduation.

R E A L E S TAT E

Graduates of the program have secured a wide range of professional positions from leading companies across the commercial real estate spectrum—from developing and valuing to owning commercial real estate properties.

PLACEMENT – LAST FIVE YEARS Industries

Top Five Employers Altus (PwC spinoff) Wells Fargo JPMorgan Chase CBRE USAA

11 7 6 5 4

14%

Development

7% 4%

16% 8%

Investment

17%

Leadership/Other Finance Brokerage

34%

Valuation Consulting


ADMISSIONS CRITERIA

PROGRAM HIGHLIGHTS S T R O N G T I E S T O R E A L E S TAT E C O M M U N I T Y, U N M AT C H E D JOB PLACEMENT

S O L I D F O U N D AT I O N I N BUSINESS, COMMERCIAL R E A L E S TAT E K N O W L E D G E

The MRE program draws upon its strong ties to the professional real estate community, as well as the powerful Aggie Network, to achieve an unmatched, 100-percent job placement. Graduates have built successful careers at companies as diverse as Alliant, Deloitte, Goldman Sachs, Integra, JPMorgan Chase, LaSalle Investments and MetLife.

The program’s curriculum provides students with a solid foundation in finance, real estate law, economics, market analysis and negotiations. By participating in a number of real estate organizations, pursuing professional internships and interacting with executive speakers and members of the Mays Real Estate Roundtable, you will develop a fundamental knowledge of commercial real estate to immediately add value in the marketplace.

ACCESS TO THE L AT E S T R E S E A R C H With easy access to researchers and the latest data from the nationally recognized Texas A&M Real Estate Center, MRE students can advance their industry education and stay ahead of market trends.

PROFESSIONAL D E S I G N AT I O N S Coursework in the MRE program is accepted for professional designations at many organizations, enabling you to obtain your credentials and establish yourself more quickly as a commercial real estate expert. Designations include: • •

Member of the Appraisal Institute (MAI) designation Certified Commercial Investment Member (CCIM) designation

“The Master of Real Estate program helped ignite my career in commercial real estate through the focus on relationships and knowledge—both keys to success in the real estate field. The program allowed me to meet major players in the industry and foster professional relationships. Because of the broad knowledge base, intellectual tools and networking skills learned in the MRE program, I have cultivated a prosperous career in the commercial real estate industry.” Nick Craig ‘07 Partner and Director of Finance Archangel Capital Partners, LLC

ADMISSION

TUITION AND FEES

Spring and Fall admission to the Master of Real Estate (MRE) program is based on an assessment of the following elements: • Demonstrated leadership and academic potential • Strong academic performance in the last 60 hours of undergraduate coursework • Competitive GMAT or GRE score (GMAT is required for all international applicants) • Letters of reference • Honors, awards and extracurricular activities • Relevant work experience (recommended but not required) • Performance during personal interview

The MRE program is priced competitively with other similar programs across the United States. Resident tuition and fees are estimated at $28,000 for 16 months. This amount does not include books, living or other incidental expenses. For the latest about tuition and fees, visit sbs.tamu.edu.

R E Q U I R E D M AT E R I A L S Candidates must submit the following application materials to be considered for admission: • Online application, which includes an application fee • Three recommendations, submitted electronically (Letters of reference?) • Professional résumé • GMAT or GRE score • Essay questions • Scanned copies of transcripts (official transcripts are required once admission offer is accepted) • Transcript evaluation from wes.org for all applicants from international universities • TOEFL scores (international students only)

All admitted students, both domestic and international, are eligible for a limited number of program scholarships. In addition, all students are automatically considered for a limited number of departmental, college and universitylevel scholarships and fellowships. Information about how to obtain financial aid is available through the Texas A&M Office of Financial Aid at financialaid.tamu.edu. GENERAL CLASS PROFILE Class Size:

35 - 45

Average GMAT:

500

Average GRE:

290 - 300*

Average Undergraduate GPA (last 60 hours): 3.3 I M P O R TA N T D E A D L I N E S The MRE program is currently admitting qualified students for the fall and spring semesters. For the latest deadlines, visit mays.tamu.edu/mre. PRIORITY DEADLINES

Angela Degelman Program Coordinator, Graduate Programs adegelman@mays.tamu.edu 979-845-4858

Commercial real estate is an increasingly complex, highly competitive and fast-paced industry. To build a successful career in this industry, professionals must possess the knowledge, skills and connections to stay apprised of industry trends, tap into the latest research and navigate the changing economic climate.

SCHOLARSHIPS, FELLOWSHIPS AND FINANCIAL AID

Complete program and admissions information can be found online at mays.tamu.edu/mre. CONTACT INFORMATION

U N M AT C H E D J O B P L A C E M E N T I N A H I G H LY C O M P E T I T I V E I N D U S T R Y

Fall entry: Applications submitted with test scores by March 15 will receive priority consideration. Spring entry: Applications submitted with test scores by Oct. 15 will receive priority consideration.

Applicants are encouraged to apply by the priority consideration dates, as the program often fills with applicants from the priority pool. The deadline for international applicant late review is Feb. 15 for fall and Sept. 15 for spring.

Within this competitive, rapidly changing environment, the Mays Master of Real Estate (MRE) program has an unmatched track record:

100%

JOB PLACEMENT

MASTER OF

For the past 35 years, the MRE program has achieved 100-percent job placement of all graduates within six months of graduation.

R E A L E S TAT E

Graduates of the program have secured a wide range of professional positions from leading companies across the commercial real estate spectrum—from developing and valuing to owning commercial real estate properties.

PLACEMENT – LAST FIVE YEARS Industries

Top Five Employers Altus (PwC spinoff) Wells Fargo JPMorgan Chase CBRE USAA

11 7 6 5 4

14%

Development

7% 4%

16% 8%

Investment

17%

Leadership/Other Finance Brokerage

34%

Valuation Consulting


CURRICULUM Mays Business School’s MRE is a 36-credit hour, interdisciplinary non-thesis graduate program that delivers the following curriculum during the course of 18 months.

FA L L

SPRING

SUMMER

FA L L

Analysis of Financial Markets

Land Economics

Professional Internship

Real Estate Development Analysis

(or elective)

Real Property Analysis

Real Property Finance Real Property Valuation I

Real Property Valuation II

Commercial Real Estate Law

Financing Real Estate Investments

Elective

Directed Studies

Directed Studies

Comprising hundreds of Aggies in the real estate industry, the Aggie Real Estate Network (AREN) strives to become an industry leader through hosting seminars and networking opportunities, providing scholarships to current students and supporting the real estate programs at Texas A&M University. Each year, AREN hosts an annual conference including industry speakers, networking and recreational activities.

The MRE program provides access to the Texas A&M Real Estate Center (REC), the nation’s largest publicly funded organization devoted to real estate research. The REC’s researchers commonly serve as guest lecturers in the MRE program, sharing their real-world experience and unique insights about areas of specialization in the industry. The REC is a highly respected and trusted resource, serving a network of more than 300,000 industry professionals and a variety of leading industry groups.

From the first day of the MRE program, you occupy an important position: marketing manager of your future career. The professionals in Mays Business School’s Graduate Business Career Services (GBCS) offer students one-on-one coaching and consulting to support the development of effective lifelong career management skills. They can guide you in creating an individual career management plan that integrates your career goals with your knowledge, skills and experience. GBCS provides a number of additional services and resources: • Development of networking skills • Résumé writing assistance • Online career resources • Negotiation coaching • Interview practice with mock interviews • Career management workshops

P U R S U E D I V E R S E C A R E E R O P P O RT U N I T I E S Graduates pursue a wide variety of careers with many of the industry’s leading organizations:

Elective

ELECTIVES In addition to the core courses listed above, students will complete three elective courses. Suggested electives include: • COSC 601 Construction Practices • FINC 632 Investment Management • FINC 642 Analysis of Money and Capital Markets

A G G I E R E A L E S TAT E NETWORK

T E X A S A & M R E A L E S TAT E C E N T E R

P R E PA R I N G F O R Y O U R C A R E E R I N T H E R E A L E S TAT E I N D U S T RY

• • • •

LDEV 661 Development and the Environment LDEV 664 Market Analysis for Development LDEV 667 Design and Development Economy MGMT 639 Negotiations

PREREQUISITES

ARGUS TRAINING As a student, you will have the opportunity to advance your professional skill set through the software program ARGUS. This system training prepares you to conduct work in acquisitions, depositions, asset and portfolio management, budgeting and forecasting, and many other facets of the commercial real estate field.

“Going to Texas A&M to pursue my Master of Science in Real Estate was the best career decision I have made to date. This program welcomed me with arms wide open, even though I did not attend A&M for my undergraduate education. Our class became very close from day one. Not only is it a great William Padon ‘12, education, but I also made Associate, CBRE lifelong friends I spend time with every week and consult with on work projects.”

Students must take the following prerequisite courses to prepare them for success in the program: • Survey of Accounting Principles • Principles of Microeconomics • Statistical Methods • Survey of Finance Principles Specific information about credits can be addressed during the admission process.

PROFESSIONAL INTERNSHIPS The MRE program challenges you to develop first-hand knowledge and experience in commercial real estate through an industry-based summer internship. This experience gives you the opportunity to showcase what you have learned in the classroom, build your professional network and gain valuable on-the-job experience. Many students turn their internship experiences into full-time job offers after graduation.

CASE COMPETITIONS Students have the opportunity to compete in several nationally recognized case competitions that enable students to apply their knowledge in a competitive environment. Recent Mays MRE students participated in the ULI/Hines Design Competition, MIT Case Competition, NAIOP Shoot Out and ARGUS Case Competition.

• Real estate development: Caldwell Companies, D.R. Horton, Friendswood, Greystar Realty, Valencia Hotels • Investment and asset management: American Campus Communities, Camden Property Trust, Hines, Hunt Realty, Invesco Realty Advisors, LaSalle Investment Management, MetLife, Prologis, Texas Teachers, USAA Real Estate Company • Lending and capital markets: Amerisphere, Bank of America, Barclays, Citibank, Goldman Sachs, FannieMae, HFF, JP Morgan, Wells Fargo

ACCESS TO REAL ESTATE INDUSTRY LEADERS

• Commercial brokerage industry: CBRE, JLL, Julien J. Studley, Marcus & Millichap, Oxford and Stream Realty

Both the MRE program and the Texas A&M Real Estate Center are aligned with various professional organizations to enhance your educational experience in the program. These relationships provide networking and educational opportunities and support regional, national and international professional designations with organizations such as the National Association of Industrial and Office Properties, International Council of Shopping Centers, Urban Land Institute, Society of Industrial and Office Realtors, National Association of Real Estate Investment Trust, and International Real Estate Federation.

• Valuation: Colliers, Cushman & Wakefield, Integra Realty Resources, National Appraisal Partners and Thompson Reuters • Corporate real estate: ExxonMobil, Halliburton, HEB, Walmart Realty • Consulting: Altus, Alvarez & Marsal, Booz Allen, Deloitte Financial Services, Ernst & Young LLP

M A K E A R E A L - W O R L D I M PA C T By applying the skills, knowledge, experiences and contacts you acquire in the MRE program, you will be able to shape the world of business in a variety of ways: • Create value through commercial property development. • Help small businesses set up shop. • Manage the real estate investment portfolios of large corporations. • Assist real estate investors in getting a solid return. • Help real estate owners in securing competitive loans.


P R E PA R I N G F O R Y O U R C A R E E R I N T H E R E A L E S TAT E I N D U S T RY

CURRICULUM Mays Business School’s MRE is a 36-credit hour, interdisciplinary non-thesis graduate program that delivers the following curriculum during the course of 18 months.

FA L L

SPRING

SUMMER

FA L L

Analysis of Financial Markets

Land Economics

Professional Internship

Real Estate Development Analysis

From the first day of the MRE program, you occupy an important position: marketing manager of your future career. The professionals in Mays Business School’s Graduate Business Career Services (GBCS) offer students one-on-one coaching and consulting to support the development of effective lifelong career management skills. They can guide you in creating an individual career management plan that integrates your career goals with your knowledge, skills and experience.

Real Property Valuation I

Real Property Valuation II

GBCS provides a number of additional services and resources: • Development of networking skills • Résumé writing assistance • Online career resources • Negotiation coaching • Interview practice with mock interviews • Career management workshops

Commercial Real Estate Law

Financing Real Estate Investments

Elective

P U R S U E D I V E R S E C A R E E R O P P O RT U N I T I E S

Directed Studies

Directed Studies

(or elective)

Real Property Analysis

Real Property Finance

Graduates pursue a wide variety of careers with many of the industry’s leading organizations: • Real estate development: Caldwell Companies, D.R. Horton, Friendswood, Greystar Realty, Valencia Hotels

Elective

ELECTIVES In addition to the core courses listed above, students will complete three elective courses. Suggested electives include: • COSC 601 Construction Practices • FINC 632 Investment Management • FINC 642 Analysis of Money and Capital Markets

• • • •

LDEV 661 Development and the Environment LDEV 664 Market Analysis for Development LDEV 667 Design and Development Economy MGMT 639 Negotiations

PREREQUISITES Students must take the following prerequisite courses to prepare them for success in the program: • Survey of Accounting Principles • Principles of Microeconomics • Statistical Methods • Survey of Finance Principles Specific information about credits can be addressed during the admission process.

PROFESSIONAL INTERNSHIPS The MRE program challenges you to develop first-hand knowledge and experience in commercial real estate through an industry-based summer internship. This experience gives you the opportunity to showcase what you have learned in the classroom, build your professional network and gain valuable on-the-job experience. Many students turn their internship experiences into full-time job offers after graduation.

• Investment and asset management: American Campus Communities, Camden Property Trust, Hines, Hunt Realty, Invesco Realty Advisors, LaSalle Investment Management, MetLife, Prologis, Texas Teachers, USAA Real Estate Company • Lending and capital markets: Amerisphere, Bank of America, Barclays, Citibank, Goldman Sachs, FannieMae, HFF, JP Morgan, Wells Fargo • Commercial brokerage industry: CBRE, JLL, Julien J. Studley, Marcus & Millichap, Oxford and Stream Realty • Valuation: Colliers, Cushman & Wakefield, Integra Realty Resources, National Appraisal Partners and Thompson Reuters • Corporate real estate: ExxonMobil, Halliburton, HEB, Walmart Realty • Consulting: Altus, Alvarez & Marsal, Booz Allen, Deloitte Financial Services, Ernst & Young LLP

M A K E A R E A L - W O R L D I M PA C T By applying the skills, knowledge, experiences and contacts you acquire in the MRE program, you will be able to shape the world of business in a variety of ways: • Create value through commercial property development. • Help small businesses set up shop. • Manage the real estate investment portfolios of large corporations. • Assist real estate investors in getting a solid return. • Help real estate owners in securing competitive loans.


ADMISSIONS CRITERIA

PROGRAM HIGHLIGHTS S T R O N G T I E S T O R E A L E S TAT E C O M M U N I T Y, U N M AT C H E D JOB PLACEMENT

S O L I D F O U N D AT I O N I N BUSINESS, COMMERCIAL R E A L E S TAT E K N O W L E D G E

The MRE program draws upon its strong ties to the professional real estate community, as well as the powerful Aggie Network, to achieve an unmatched, 100-percent job placement. Graduates have built successful careers at companies as diverse as Alliant, Deloitte, Goldman Sachs, Integra, JPMorgan Chase, LaSalle Investments and MetLife.

The program’s curriculum provides students with a solid foundation in finance, real estate law, economics, market analysis and negotiations. By participating in a number of real estate organizations, pursuing professional internships and interacting with executive speakers and members of the Mays Real Estate Roundtable, you will develop a fundamental knowledge of commercial real estate to immediately add value in the marketplace.

ACCESS TO THE L AT E S T R E S E A R C H With easy access to researchers and the latest data from the nationally recognized Texas A&M Real Estate Center, MRE students can advance their industry education and stay ahead of market trends.

PROFESSIONAL D E S I G N AT I O N S Coursework in the MRE program is accepted for professional designations at many organizations, enabling you to obtain your credentials and establish yourself more quickly as a commercial real estate expert. Designations include: • •

Member of the Appraisal Institute (MAI) designation Certified Commercial Investment Member (CCIM) designation

“The Master of Real Estate program helped ignite my career in commercial real estate through the focus on relationships and knowledge—both keys to success in the real estate field. The program allowed me to meet major players in the industry and foster professional relationships. Because of the broad knowledge base, intellectual tools and networking skills learned in the MRE program, I have cultivated a prosperous career in the commercial real estate industry.” Nick Craig ‘07 Partner and Director of Finance Archangel Capital Partners, LLC

ADMISSION

TUITION AND FEES

Spring and Fall admission to the Master of Real Estate (MRE) program is based on an assessment of the following elements: • Demonstrated leadership and academic potential • Strong academic performance in the last 60 hours of undergraduate coursework • Competitive GMAT or GRE score (GMAT is required for all international applicants) • Letters of reference • Honors, awards and extracurricular activities • Relevant work experience (recommended but not required) • Performance during personal interview

The MRE program is priced competitively with other similar programs across the United States. Resident tuition and fees are estimated at $28,000 for 16 months. This amount does not include books, living or other incidental expenses. For the latest about tuition and fees, visit sbs.tamu.edu.

R E Q U I R E D M AT E R I A L S Candidates must submit the following application materials to be considered for admission: • Online application, which includes an application fee • Three recommendations, submitted electronically • Professional résumé • GMAT or GRE score • Essay questions • Scanned copies of transcripts (official transcripts are required once admission offer is accepted) • Transcript evaluation from wes.org for all applicants from international universities • TOEFL scores (international students only) Complete program and admissions information can be found online at mays.tamu.edu/mre. CONTACT INFORMATION Angela Degelman Program Coordinator, Graduate Programs adegelman@mays.tamu.edu 979-845-4858

U N M AT C H E D J O B P L A C E M E N T I N A H I G H LY C O M P E T I T I V E I N D U S T R Y Commercial real estate is an increasingly complex, highly competitive and fast-paced industry. To build a successful career in this industry, professionals must possess the knowledge, skills and connections to stay apprised of industry trends, tap into the latest research and navigate the changing economic climate.

SCHOLARSHIPS, FELLOWSHIPS AND FINANCIAL AID All admitted students, both domestic and international, are eligible for a limited number of program scholarships. In addition, all students are automatically considered for a limited number of departmental, college and universitylevel scholarships and fellowships. Information about how to obtain financial aid is available through the Texas A&M Office of Financial Aid at financialaid.tamu.edu. GENERAL CLASS PROFILE Class Size:

35 - 45

Average GMAT:

500

Average GRE:

290 - 300*

Average Undergraduate GPA (last 60 hours): 3.3 I M P O R TA N T D E A D L I N E S The MRE program is currently admitting qualified students for the fall and spring semesters. For the latest deadlines, visit mays.tamu.edu/mre. PRIORITY DEADLINES

Fall entry: Applications submitted with test scores by March 15 will receive priority consideration. Spring entry: Applications submitted with test scores by Oct. 15 will receive priority consideration.

Applicants are encouraged to apply by the priority consideration dates, as the program often fills with applicants from the priority pool. The deadline for international applicant late review is Feb. 15 for fall and Sept. 15 for spring.

Within this competitive, rapidly changing environment, the Mays Master of Real Estate (MRE) program has an unmatched track record:

100%

JOB PLACEMENT

MASTER OF

For the past 35 years, the MRE program has achieved 100-percent job placement of all graduates within six months of graduation.

R E A L E S TAT E

Graduates of the program have secured a wide range of professional positions from leading companies across the commercial real estate spectrum—from developing and valuing to owning commercial real estate properties.

PLACEMENT – LAST FIVE YEARS Industries

Top Five Employers Altus (PwC spinoff) Wells Fargo JPMorgan Chase CBRE USAA

11 7 6 5 4

14%

Development

7% 4%

16% 8%

Investment

17%

Leadership/Other Finance Brokerage

34%

Valuation Consulting


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.