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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

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 Topics in UPP: Visualizing Real Estate 4 hrs
UPP 594 Professional Topics
(2 courses)
4 hrs

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