The Johns Hopkins Carey Business School MS in Real Estate and Infrastructure program has been a leader in real estate education for over 27 years. Distinguished by it’s location in the Carey Business School, the MS in Real Estate and Infrastructure program exposes students to multiple disciplines in the field, including investment, development, finance, construction and design, entrepreneurship, planning and sustainability, and capital markets. The full-time 1-year program is in Washington, D.C. The 2 year part-time program is available both on the Johns Hopkins University campus in Washington, D.C. and on the Johns Hopkins University campus in Baltimore, MD. The curriculum provides students with greater flexibility and experience in an increasingly competitive and diversified industry.
In this post, the fourth in a six-part series on graduate real estate programs in the United States, I’ll explore in-depth the Johns Hopkins MS in Real Estate and Infrastructure program, its students, its curriculum, its admissions process, and whether this prestigious graduate real estate program is right for you.
Disclaimer: I am a prospective student applying to these programs.
(Johns Hopkins Main Campus, Baltimore, MD. – Credit: Johns Hopkins Special Collections Flickr Account)
College: Johns Hopkins Carey Business School
Program Name: MS in Real Estate & Infrastructure
Location: Washington DC (Full Time) / Washington DC or Baltimore MD (Part Time)
- Virtual Tour http://www.youvisit.com/tour/jhu?pl=v
Year Established: 1990 (Part Time); 2005 (Full Time)
Program History: The Johns Hopkins Carey Business School MS in Real Estate and Infrastructure program has been a leader in real estate education for over 27 years. One of the few graduate real estate programs of its kind to be part of a business school; the curriculum will provide you with greater flexibility and experience in an increasingly competitive and diversified industry.
Program Director: Ko Wang, PhD (Academic Program Director)
- Undergraduate: USNWR (#10)
- Graduate Real Estate (unranked due to pending AACSB visit in Nov’ 16)
- Graduate School (unranked due to pending AACSB visit in Nov’ 16)
Degree(s) Offered: MS in Real Estate & Infrastructure; Global MBA
Dual Degree(s) Offered?: 54-credits; Global MBA w/ Real Estate & Infrastructure concentration or choose to convert the MS REI degree into MBA with an additional 1-year investment
Program Length: 36 credits; Full Time (1 yr.) with Fall Entry only; Part-Time (2 yrs. with Fall, Spring or Summer Entry)
Cost and Financial Aid
- MSREI – $64,000 (Full Time); $1,290/credit (Part Time)
- Global MBA – $57,000/year for 2 years
Financial Aid Available? Yes, including merit-based and endowed scholarships
Graduation Requirements: 3.0 Cumulative GPA
Concentration Available? MSREI (Full Time or Part Time) – No; Global MBA (Full-Time) – Yes
Courses Available outside program: N/A
- Real Estate and Infrastructure Valuation
- Advanced Valuation and Investment Analysis
- Global Perspectives in Real Estate
- Real Estate Entrepreneurship
- Real Estate Funds and Portfolio Management
- Real Estate Investment Trusts: Analysis and Structuring
Faculty: Ko Wang, PhD (Academic Program Director)
- # of Students – 41 (MS Full-Time)
- Average GMAT – 636
- Countries Represented – 6
- NAIOP real estate competition, where students won $10k competing against the likes of Georgetown and American University
- Student Clubs, etc. – http://carey.jhu.edu/life-at-carey/student-organizations/
- Carey Connect – provide networking and mentorship opportunities
- Case Competition Club
- Net Impact
- Johns Hopkins Carey Real Estate Club – connect current students at Carey to the outside world of real estate through interaction with alumni, site visits, speakers, and networking events
- Visit Baltimore .. http://baltimore.org/neighborhoods-maps-transportation/harbor-east
- Harbor East .. http://www.harboreast.com/
- Harbor East .. https://www.youtube.com/watch?v=ZoOAFB4ml74
- Sports & Social Leagues .. http://baltssc.com/ or http://baltimoresocial.com/
Areas of Focus: After graduation, MS in Real Estate and Infrastructure students have gone on to start or advance their real estate careers as brokers, project managers, asset management advisers, analysts, planners, and others
Geographic Focus: Domestic & International
Career Service Offerings
Internships: MSREI (No); Global MBA (Yes, during summer of Year 1)
Job Placement: Graduates find work in a wide range of positions from government and policy positions, consulting, entrepreneurship and development positions to finance and investment oriented positions. As you might expect, salaries are on par with the other graduate schools we’ve reviewed. See our series on compensation for a good approximation.
Links to Alumni:
Representative Hiring Companies:
|Alex Brown Realty, Inc.||Enterprise Comm. Partners||KLNB|
|Bozzuto Development||Erickson||M&T Bank|
|CB Richard Ellis||Fannie Mae||PNC|
|Clark Construction Group||Freddie Mac||The Peterson Companies|
|Cushman & Wakefield||Jones Lang LaSalle||St. John Properties|
Pre-requisites: Bachelor’s Degree
Admissions Requirements: GMAT/GRE; Work Experience (preferred); GPA 3.2+; TOEFL/IELTS (100+/7.0+); Resume; Essays (2); Letter of Recommendation (1); Transcripts (all schools attended)
Admissions Statistics: Not available
- Full Time (1 yr.) with Fall Entry only
- Part-Time (2 yrs. with Fall, Spring or Summer Entry)
Strengths: The Johns Hopkin’s MS in Real Estate and Infrastructure is one of the older programs in the country and it’s alumni have climbed to the top of various governmental and corporate organizations since 1990 meaning the network has some powerful connections. It’s proximity and relationship to the booming Washington, D.C. area means not only close contact with policy leaders and government employment opportunities but also excellent private sector prospects. The part-time and full-time options make this program flexible for students looking to maintain their income and enhance their real estate skill set or networks.
Admissions Advice: It’s suggested that applicants complete a “quantitative refresher” from MBAMath.com before joining the program if they don’t have a strong quantitative background. Because of the rigorous nature of the MSREI program, being housed in the business school, applicants should highlight the analytical experience in their backgrounds somewhere in their application.
- MSREI – Program Brochure published by Johns Hopkins
My hope is that the school profiles, including this profile of the Johns Hopkin’s MS in Real Estate and Infrastructure, can be living documents that are regularly updated as new information comes available. So if you have any additional information you think will improve this profile, please share it with me and I’ll gladly add it to the profile. Also, undoubtedly there is inaccurate or incomplete information in this profile and so please let me know if you see something that needs correcting.
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About the Guest Author: A huge thanks to Dustin Dunham for researching and writing this profile. Dustin is a former banker and real estate startup entrepreneur. He's passionate about commercial real estate and currently applying to top graduate real estate programs.