Alan Ziobrowski, Coordinator
The Master of Science in Real Estate degree is designed for students who are principally interested in careers in the real estate industry and those who will use real property in business decision making. It provides the student with both general and specialized real estate knowledge and analytical skills. The degree prepares students for professional areas such as financial counseling, market analysis and valuation, as well as industry activities such as real property development, acquisition, disposition, and management. The MSRE program is based on a synthesis of legal, physical, market and financial considerations that affect the real property decision process. The student's educational experience is enhanced because the program attracts many experienced real estate professionals into the classroom, and the program has a practical orientation in which students participate in industry problem solving and research under the direction of the program's faculty.
1. Course Requirements. The Master of Science in Real Estate degree consists of 36 semester hours of course work numbered 8000 and above. Previous undergraduate and graduate real estate coursework successfully completed at the Robinson College of Business will be evaluated and up to six hours credit toward the required courses in the major (section "c" below) may be awarded to entering students. The option of awarding credit toward the MSRE degree is totally at the discretion of the Department of Real Estate and its designees. The course requirements for the degree and the format of the program follow. The number of hours of 8000-level credit required in each section of the program is shown in parentheses after the section heading. This number represents the minimum requirement. If prerequisites for the courses listed in each section have not been properly completed or if they are not included as electives within the M.S.R.E. program, they must be taken as additional hours. In most cases, however, the graduate-level prerequisites can be incorporated as electives into the student's program of study. Students always must consult the Course Descriptions chapter of the current graduate catalog to determine if they have met the prerequisites for any course to be taken.
a. Foundation Courses. The courses in this section are in addition to the 36 hours required for the M.S.R.E. degree. They are assigned as part of the admissions process based on a review of each student's transcripts. They can be exempted if equivalent course work has been previously completed with minimum grades of C. Consult the Course Descriptions chapter for prerequisites to the graduate courses listed below. For descriptions and prerequisites of the undergraduate foundation courses, see the Course Description chapter of the Georgia State University Undergraduate Catalog. This catalog is available on the Web at www.gsu.edu; click on Students then Catalogs.
Accounting: MBA 8025 or financial and managerial accounting principles (Acct 2101 and 2102).
Behavioral Science: Management principles (MGS 3400), or marketing (Mk 4100, Buyer Behavior) or Mk 4200, Marketing Research.
Economics: Microeconomic principles (Econ 2106).
Mathematics: College algebra (Math 1111).
Statistics: MBA 7025 or Math 1070.
b. Communications Requirement (3 hours). All MSRE students are required to take either MBA 8015 Strategic Business Communication or BCOM 8250 Effective Executive Communication. Students are encouraged to satisfy this communication requirement early in their programs.
c. Required Courses in the Major (27 hours)
RE 8000 Real Estate Concepts and Practices (3)*
RE 8020 Real Estate Investment Analysis (3)
RE 8030 Real Estate Financing (3)
RE 8040 Legal and Regulatory Environment of Real Estate (3)
RE 8050 Real Estate Development (3)
RE 8060 Applied Real Estate Market Analysis (3)
RE 8070 Quantitative Analysis for Real Estate (3)
RE 8080 Real Property Project Planning and Development (3)
RE 8090 Real Estate Case Analysis (3)
*RE 8000 may be exempted with replacement with the approval of the program coordinator.
d. Electives (6 hours). Students who receive entering credit for previous undergraduate and/or graduate real estate coursework taken at the Robinson College of Business (see under "Course Requirements" above) must consult the MSRE program coordinator to select approved graduate courses to meet this requirement. Other students may choose as electives any two 8000 level RE prefixed courses or may select appropriate courses from an approved list available from the Department of Real Estate
2. Program of Study/Course Prerequisites.
Each student's program of study must be planned in consultation with the MSRE program coordinator or a designee of the coordinator before a copy of the program of study is filed with the Office of Graduate Student Services for review and approval. Students may contact the department to schedule an appointment with a faculty adviser. Progress toward the degree, including clearance for graduation, cannot be confirmed without an approved program of study. Any changes in the program must be approved by the faculty adviser and a copy of the changes sent to Office of Graduate Student Services. Students always must consult the Course Descriptions chapter of the current graduate catalog to determine if they have met the prerequisites for any course to be taken.
3. The time limit for completing the M.S.R.E. program is five years from the first semester a course in section B, C, or D (above) is taken.