MBA with Real Estate Concentration



The Master of Business Administration (MBA) with a concentration in Real Estate will provide students with both a practical and educational base to become leaders and skilled decision-makers within the industry.

Program Objectives

  • Give students a thorough understanding of concepts unique to the real estate industry
  • Develop the skills necessary to analyze real estate markets, investments, risk and financing.
  • Deploy world-class technology tools in market and investment analysis

Real Estate Concentration

The Master of Business Administration requires 53 semester credit hours of course work consisting of 29 semester credit hours of core curriculum and 24 hours of elective courses. The Real Estate concentration within this degree program utilizes at least 9 hours of these electives for specified courses with additional hours of suggested electives and may be combined with other concentration areas.

Career Opportunities

The real estate industry offers numerous opportunities to pursue professional careers. These include roles such as real estate broker, property manager, appraiser, investment analyst, asset manager, developer and real estate credit underwriter. The Dallas area provides a rich base of national real estate enterprises in pursuit of talent. UT Dallas’ emphasis on finance, technology and practical skills provides the foundation for future leaders in this important industry. Our goal is to connect our students with industry employers, and we encourage internships and career opportunities.

Professional Certifications

The MBA Real Estate concentration serves as a platform for pursuing many of the designations within the real estate industry, including the Certified Commercial Investment Member (CCIM) designation.

UT Dallas Real Estate Club

Both undergraduate and graduate students interested in careers within the real estate industry are encouraged to participate in the UT Dallas Real Estate Club. Through this organization, students are exposed to alumni within the industry and can develop networks to assist them now and in the future. The club also works to facilitate internships and employment opportunities. In addition, students have an opportunity to participate in national real estate competition projects which can add depth to their knowledge, skills and resume..

Technology

UT Dallas has licensed and developed leading technologies used in the analysis of markets and real estate investments. Students will have “hands-on” access to some of the most sophisticated tools in the industry including applications such as Argus™, Xceligent™ and leading Geographic Information Systems (GIS). UT Dallas has developed world-class programs in GIS science and marries this expertise directly with real estate in this emerging industry application.

Degree Requirements with Real Estate Concentration

The Real Estate concentration is an optional set of electives that may be taken as part of the overall curriculum for obtaining an MBA. The overall degree program consists of 53 total hours with a required core curriculum making up approximately half of these hours. These core courses are listed below.

Beyond the core course requirements, a student may choose up to 15 semester credit hours from a number of focus areas to develop knowledge and skills in a particular field of interest. The Real Estate concentration allows students to choose electives from the courses listed below. Specific real estate courses are recommended for this concentration and additional electives in this field are also offered. Please contact your advisor or refer to the current course catalog for overall course requirements, sequencing and prerequisites necessary to obtain an MBA. Courses listed are 3 semester credit hours unless otherwise noted.

The MBA degree is a well recognized and a highly ranked program at UT Dallas. The ability to combine the prestigious MBA with a concentration in real estate allows interested students to set themselves apart by combining academic excellence with practical market-place skills.

Real estate, as a multidisciplinary field, is a great complement to the broad curriculum of the MBA program. This combination truly prepares students for leadership roles within the industry.

We have courses designed to meet your needs and bring you into the exciting world of real estate. Please join us.

Randall S. Guttery, Ph.D., CLU, ChFC
Director, Real Estate Programs


Email
(972) 883-5910
Office – JSOM 3.604

Core Recommended Courses for Real Estate Concentration

Course Number

Course Name

REAL/FIN 6321 Introduction to Real Estate
REAL/FIN 6322 Real Estate Finance and Investment
REAL/FIN 6323 Real Estate Market Analysis and Investment
REAL/FIN 6326 Real Estate Law and Contacts

Additional Elective Courses Recommended for Real Estate Concentration

Course Number

Course Name

REAL/FIN 6324 Real Estate Development
REAL/FIN 6328 Real Estate Valuation
FIN 6306 or
OPRE 6332
Quantitative Methods in Finance or
Spreadsheet Modeling
FIN 6357 Corporate Restructuring and Turnarounds
PA 6324 Community Development
PA 6342 Local Economic Development
GISC 6381 or
GISC 6379
Geographic Information Systems (GIS) Fundamentals or
GIS for Real Estate
ACCT 6370 Business Law
MIS 6320 Database Foundations

Internships

Employers active in the real estate industry are encouraged to consider UT Dallas students for internships. These programs provide area businesses with the opportunity to add resources to a project and create a sound evaluation process for potential new hires. Additionally, your firm can become part of the community supporting UT Dallas. Please contact career center.

Permanent or Contract Positions

Many employers set up interview sessions at UT Dallas where we can assist in screening interviewees and make your hiring process efficient and effective. Please contact career center.

Mentorships

Even if you are not ready to bring on an intern or employee, we encourage executives to get involved with an informal mentorship arrangement. This low-level commitment allows for senior real estate professionals to spend some time with a student considering a real estate career and share stories and experiences. It has proven to be very rewarding opportunity for many executives. Please contact Randy Guttery

“I came to UT Dallas initially because of its great location and its highly ranked MBA programs. I decided to also earn a master’s degree in accounting because I plan to sit for the CPA exam, and the degree provides me with the hours I need for testing eligibility.

“I’m very interested in real estate, so when I saw I could take the intro to real estate class as an elective, I jumped at the chance. It has so much information! I learned many things about real estate that I would otherwise never have known. The course has given me the basic information I need to someday own property and make it a source of income.

“My connection to the real estate curriculum and faculty also gave me the opportunity to work as a contractor for Lee Financial. I assisted with a survey of real estate agents about potential effects on property values. My main responsibilities were distributing the surveys, compiling results and drafting a report based on the data collected. The best part of the two-month assignment for me was practicing my interpersonal skills with agents from around Dallas.

“My advice to other students who are interested in real estate: you don’t have to want to go into the industry full time to benefit from the courses. Take the introductory class if you have any interest in the subject; it has so much practical application that you’ll be glad you did.”


Ben Henderson (MBA ’12) is scheduled to graduate with a master’s degree in accounting and a concentration in internal audit in May 2013. Ben describes the Introduction to Real Estate course with Dr. Randy Guttery as “one of the most rewarding classes” he took while at the Naveen Jindal School of Management.

Scholarships, including several from local internal audit associations, assisted Ben in his academic career. In June 2013, Ben will join the internal audit department at Wells Fargo’s Denver office as an audit associate.