Master of Arts in Real Estate
Degree Requirements
The Master of Arts in Real Estate is an interdisciplinary program that combines economics, finance, and urban planning to provide students with a full perspective on the field of real estate. The program takes advantage of UIC's location by emphasizing urban real estate markets and by using metropolitan Chicago as a working laboratory. The program is intended for professionals working either the private or the public sector who must grapple with real estate and real estate development issues.
The MA in Real Estate is offered by the College of Business Administration in collaboration with the College of Urban Planning and Public Affairs. Students in the program can choose a concentration in either business or urban planning. A minimum of 36 semester hours is required for the degree. Students can pursue the degree on either a full-time or part-time basis.
Minimum Semester Hours Required: 36 hrs
Coursework:
Degree candidates must present a cumulative grade point average of at least 4.00 (A=5.00) for all course work, including background (foundation) courses
Required Courses: 27 hrs
| Economics 520 | Microeconomics for Business Decisions | 4 hrs |
| Economics 571 | Urban Real Estate and Land Economics | 4 hrs |
| Econ/Finance 472 | Real Estate Finance | 3 hrs |
| Finance 500 | Introduction to Corporate Finance | 4 hrs |
| UPP 501 | Urban Space, Place, and Institutions | 4 hrs |
| UPP 553 | Land Use Law | 4 hrs |
| MBA 590 | Professional Topics (2 courses) | 4 hrs |
Areas of Concentration: 8 hrs
Students must declare either a business or urban planning concentration.
Business Concentration
Two courses from the following:
| Economics 475 | Real Estate Markets and Valuation | 4 hrs |
| Economics 534 | Econometrics I | 4 hrs |
| Economics 572 | Urban Economics | 4 hrs |
| Economics 575 | Economic Analysis of Public Expenditures | 4 hrs |
Urban Planning Concentration
Two courses from the following:
| UPP 530 | Economic Development I | 4 hrs |
| UPP 533 | Development Finance Analysis | 4 hrs |
| UPP 542 | Metropolitan Housing and Planning | 4 hrs |
| UPP 557 | Site Planning | 4 hrs |
| UPP 594 | Topics in UPP: Visualizing Real Estate | 4 hrs |