There has been an influx of professionals applying for accelerated online Master’s in Real Estate Programs and there’s a great reason why: the field is now offering better opportunities for professionals with a graduate degree. Because the real estate field includes commercial and residential properties, investments, and development projects, it is important to have a solid foundation in the field. An online program can provide exactly what a professional needs in terms of education.
Real estate professionals are busy and do not have time to attend a traditional campus program. They must find a program that will adapt to their needs. Universities understand this, which is why they have begun making their real estate graduate programs easier to obtain online. This ranking will help professionals determine which degree program will help them reach their goals.
The research conducted to compile this ranking was done through the use of the National Center for Education Statistics website. Using the College Navigator database, an initial pool of 12 schools was established by using the search term of online Master’s in Real Estate. Factors such as accelerated track options, online program offerings, and total graduate program tuition were considered before the ranking was narrowed down to 10 schools. These are listed below based on the total in-state graduate tuition cost for the program.
Ranking Low-Cost Accelerated Master’s in Real Estate
10. The University of Denver
Online Executive Master of Science in Real Estate and the Built Environment
The University of Denver provides students with the exceptional opportunity to complete an accelerated online master’s in real estate in just 18 months. It is possible for students to complete a dual degree program that sees them pair this degree with a Juris Doctor or a Master of Business Administration with a Real Estate, Property Development, and Integration Project Delivery concentration. Students can also choose from three concentrations found within the degree, including Real Estate, Property Development, and Integrated Project Delivery. This is a flexible low-residency program of study that was developed to be completed by part-time working professionals. There is just one campus residency; students must visit campus for three days during their degree plan. All other coursework is available asynchronously or synchronously through the school’s learning management system. Sessions last just 10 weeks long and students who wish to study full-time will be able to complete this as a one year Master’s in Real Estate online program. This degree requires 48 credit hours of coursework, the Strategic Leadership and Integrated Teaming capstone project, and a comprehensive written and oral exam. Sample courses include Real Estate Financial Analysis, Construction Project Management, and Lean Construction Project Management.
9. Auburn University
Online Master of Real Estate Development
Students can choose to pursue the affordable accelerated online Master’s in Real Estate at Auburn University. This is a unique low-residency online degree that incorporates field learning experiences with an online curriculum. This program of study follows the cohort model and it will take one cohort two years to move through the curriculum. All students will turn in their assignments and converse with their classmates and professors through the school’s virtual school in between residencies. Students will be required to attend seven on-campus residencies, including an orientation and graduation residency; there are also four domestic and one international field study experiences which take place all over the country and abroad. The curriculum concludes with an in-depth capstone project in which students will work together to create an actual development plan for a real-world real estate firm or company. Students can also expect to complete 39 credit hours of coursework and a comprehensive written and oral exam. Sample courses include Real Estate Market Analysis, Site Planning and Infrastructure Development, and Principles of Real Estate Development.
8. The University of Texas at Dallas
Online Professional Master of Business Administration in Real Estate
The University of Texas at Dallas has a unique opportunity available for students are who are interested in pursuing an accelerated online Master’s in Real Estate. The Master of Business Administration offers a Real Estate concentration that was designed to help further a professional’s career goals. Taking an MBA with this concentration is a great choice for professionals who would like to go into business for themselves. This is a 100 percent online degree that does not require any campus residencies. All courses are delivered asynchronously or synchronously through the school’s learning management system and are conferred in 16-week sessions. Full-time students will be able to complete this degree in 18 months; most students study part-time and will graduate within two years. Students will be required to complete 36 credit hours of coursework, a capstone project, and a comprehensive written and oral exam. Sample courses include Introduction to Real Estate, Real Estate Law and Contracts, and Real Estate Market Analysis and Investment.
7. Georgetown University
Online Master’s in Real Estate
The accelerated online Master’s in Real Estate that is administered by Georgetown University is the perfect two-year program for working professionals. The degree is now delivered 100 percent online and has no residency requirements. Students will learn from Georgetown’s full-time professors, most of which have real-world experience in the field. The curriculum does not offer concentrations, but students have a substantial amount of free electives with which to create their own specializations. All coursework can be viewed and submitted through the school’s learning management system. Courses are 16 weeks in length and part-time students will graduate within two years. It is also possible to earn a one year online master’s in real estate if a student chooses to study full-time and during the summer term. This degree requires 33 credit hours of coursework, a capstone course, and a comprehensive written and oral exam. Sample courses include Sustainable Development and Construction, Impact of Globalization on Real Estate, and Development and Construction Project Management.
6. Florida State University
Online Master of Business Administration, Concentration in Real Estate
Florida State University confers an accelerated online Master’s in Real Estate that is fully accredited by the Association to Advance Collegiate Schools of Business. This is a 100 percent online program that does not require residency. Students will find a comprehensive Master of Business Administration program that houses a valuable set of real estate courses within it. All courses for this program are delivered asynchronously through the school’s virtual portal; with the exception of proctored exams, all assignments, quizzes, and projects will be submitted through the portal. Most students earn this degree on a part-time basis, making it possible to graduate within 28 months; however, professionals can opt to study full-time and earn their degree in 14 months. Students will be expected to complete 39 credit hours of coursework, a capstone project, and a comprehensive written and oral exam. Sample courses include Real Estate Investments, Real Estate Valuation, and Topics in Real Estate and Finance.
5. Florida International University
Online Master of Science in International Real Estate
Students at Florida International University are offered a 12 month online Master’s in Real Estate that is a great opportunity to earn a valuable qualification in the field. Graduates from this program will be prepared to sit for the ARGUS certification, known to be the most in-demand certification in the real estate industry. The exam fee for this certification is included in the tuition of this program and is taught by an ARGUS-accredited professor, just one of three in the state that can do so. This is a 100 percent online cohort program. Students can choose the Fast Track option, which will see them complete the degree in 10 months and begins in the fall, or the Flexible Track option, which begins in the spring and takes one year to complete. Students will work on synchronous courses in eight-week sessions, providing an intensive overview of each subject before moving on to the next course. This degree requires 30 credit hours of coursework, a capstone seminar, and a comprehensive written and oral exam. Sample courses include Legal Environments of Real Estate, Real Estate Markets and Institutions, and Corporate Real Estate Management.
4. The University of Arizona
Online Master of Real Estate Development
The accelerated online Master’s in Real Estate conferred by the University of Arizona focuses on sustainable and responsible development, making it a great choice for professionals already in that specialization or who have an interest in specializing in sustainable real estate. The program is offered as a 100 percent online courses of study and is delivered by the school’s College of Architecture, Planning and Landscape Architecture. The curriculum is delivered through asynchronous and synchronous delivery formats in the school’s learning management system; mobile applications affiliated with the system are available on smart devices, making it possible for students to take their education with them wherever they go. This is a three-stage curriculum; students move through modules that focus on the fundamentals of the field, the key financial concepts, and finally, a look at the real estate development process from a macro perspective. Students who are interested in this program are invited to speak to a graduate admissions advisor to learn more about program requirements and to learn about possible courses included in the curriculum.
3. New England College
Henniker, New Hampshire
Online Master of Science in Management, Concentration in Real Estate Management
New England College is home to an accelerated online Master’s in Real Estate that is nationally ranked by U.S. News and World Report. This degree can be completed in two years and is not distinguished as an online course of study on the diploma. This is a 100 percent online course of study and there are no campus residencies. Designed specifically for working professionals, this degree features six start dates a year, asynchronous and synchronous sessions, and seven-week courses. It is possible for an ambitious professional to complete this degree as a 12-month master’s online in real estate if students study full-time. This is a cohort model that focuses on small class sizes and access to both resources and professors. Students can expect to complete 36 credit hours of coursework, a strategic capstone project, and a comprehensive written and oral exam. Sample courses include Strategic Planning and Policy, Real Estate Market and Feasibility Analysis, and Organizational Communication, Negotiations, and Conflict Resolution.
2. Longwood University
Online Master of Business Administration in Real Estate
Students at Longwood University will be able to earn an accelerated online Master’s in Real Estate that is housed within the Master of Business Administration. This degree is fully accredited by the Association to Advance Collegiate Schools of Business. This is a low residency cohort course of study that can be taken as a full-time or part-time plan. Students will be required to complete two residencies, one at the beginning of the program and one at the end. Full-time students will be able to complete the requirements for this degree in just 14 months; part-time students will complete the degree in two years. All courses are offered asynchronously and synchronously through the school’s learning management system and are delivered in seven-week sessions. Students will take part in a lock-step curriculum sequence and will choose their own directed electives. This degree is unique in that it requires students to complete a consulting practicum; this is completed in their community. Students will also be expected to complete 45 credit hours of coursework, a capstone course, and a comprehensive written and oral exam. Sample courses include Real Estate Law and Taxation, Decision Making Within the Legal and Ethical Environment, and Real Estate Economics and Development.
1. The University of Missouri at Kansas City
Kansas City, Missouri
Online Professional Master of Business Administration in Real Estate
The University of Missouri at Kansas City provides students with an affordable accelerated Master’s in Real Estate that is housed within the school’s Master of Business Administration. It is also possible for a student to complete a dual degree with a Juris Doctor. Students will be offered a 100 percent online course of study that has no residency requirements. Courses are delivered asynchronously and synchronously through the school’s learning management system. The school’s adherence to 16-week sessions means that full-time students will be able to complete this degree in two years should they decide to study full-time. All students have up to five years to complete this degree. This degree requires a minimum of 39 credit hours of coursework, a capstone project, and a comprehensive written and oral exam. Sample courses include Entrepreneurial Real Estate Process, Legal Context of Real Estate, and Real Estate Property and Portfolio Management.
Frequently Asked Questions
What are the Career Options for an Affordable Accelerated Online Master’s in Real Estate?
- Real Estate Broker
- Investment Manager
- Real Estate Asset Manager
- Real Estate Business Development Manager
- Real Estate Developer
- Rural Practice Surveyor
- Estate Agent
- Planning and Development Surveyor
- Real Estate Agent
- Project Management
How Much Can You Earn in this Field?
The salary range for a real estate profession is currently between $32,000 and $250,000. This range covers all position levels, professionals who work domestically or internationally, and commercial and residential real estate professions. It does not cover bonus compensation in the form of stocks and commissions which are common in this field.
What are the Various Disciplines of Real Estate?
Real estate is primarily concerned with business, development, property, and finance. This should come as no surprise as the field requires all four in order to work properly. The field also is informed by law, politics, regulation, land development, investment, administration, risk, marketing, finance, and tenant rights. Professionals who work in commercial or residential real estate may focus on different specializations within the field, but these are the main disciplines that will continue to show up throughout their career.
Why Should You Get a Degree in Real Estate?
It is true that it is possible to get into the real estate field without earning a degree in the field. Many individuals flip homes as a career and have never gotten an undergraduate or graduate diploma to do so. In fact, many professional flippers will tell students that it is not necessary to earn a degree in order to do what they are doing.
While this may be true, real estate is not just about buying homes, fixing them up, and then flipping them. Real estate encompasses commercial and residential properties, development, construction, and more. It can be a complex industry for those who are interested in working as a developer or who would like to make substantial real estate investments.
A degree provides a lot of context for professionals who are interested in establishing credibility and working at the highest levels of the field. Programs such as the ones listed in this ranking are built to ensure that professionals understand the process and legalities of the real estate industry in the company. Many are also geared towards explaining international real estate investments and development opportunities; this can be a big draw for professionals who are looking to make expensive contributions to the field.
Real estate professionals come from all backgrounds and have their varying interests in the field. For example, it may be useful for an architect who is looking to moving into development to think about earning an accelerated online Master’s in Real Estate. It may also be useful for a businessperson with many investments in real estate to learn about how to better control and understand their assets.
Another thing to keep in mind is that while property and land are important in the field, finance drives it. Students must understand how finance and investment work in the field. It is possible to learn all of this through self-study but it is best learned in a classroom where any mistakes will not cost the professional tens of thousands, if not hundreds of thousands, of dollars in personal or professional investments.
Does a Real Estate Degree Grant Credibility in the Field?
The real estate industry is built on credibility. While a degree in the field will not be enough to persuade companies and employers that a professional is credible and should be hired, it is an important step. This is because real estate degrees are generally earned by professionals who have prior work experience in the field. The degree can also lead to ARGUS certification, a qualification in the field that is prized above all others. If a student can find an accelerated online Master’s in Real Estate that offers this certification as part of its program, it will give them more credibility than a professional who does not have a degree, regardless of how much background they have in the field.
Real estate can be finding a client their forever home or making a really good investment on an apartment building across the country; whatever the case may be, this is a field that is challenging and rewarding. Professionals in this field are always looking for a way to advance in their career and some have even chosen to go back to school in order to do so. An accelerated online Master’s in Real Estate degree can be a great choice for any real estate professional, especially one who chooses to advance their career while continuing to stick to their personal obligations.