NYU School of Professional Studies—Schack Institute of Real Estate
The NYU School of Professional Studies Schack Institute of Real Estate offers cutting-edge, globally focused curricula including a real estate bachelor’s degree, real estate and real estate development graduate degrees, a construction management graduate degree, real estate continuing education, and real estate executive education. All programs focus on experiential learning and are taught by leaders in academia and seasoned real estate professionals. The Schack Institute provides unsurpassed networking opportunities through direct connections within the real estate industry, and world-renowned conferences, internships, and guest speakers.
MS in Real Estate
In this graduate program focused on commercial and institutional real estate and finance, concentrations in Finance and Investment and Asset Management are offered. Students are provided with both the fundamental knowledge and the advanced analytical skills required for success. The program integrates theory, real- world application, and practice-based immersion in all phases of real estate—from initiating and analyzing to negotiating, financing, and closing the transaction. Students enrolled in the MSRE program may apply for the Hirsh Fellows Program, a highly specialized one-year academic co-curricular cohort experience.
MS in Real Estate Development
This graduate program focused on the development business and on entrepreneurial real estate activities provides students with the knowledge and the skills to find creative, sustainable solutions for the issues confronting real estate development professionals—from planning and design to land use and environmental regulations. The program emphasizes entrepreneurship, sustainable practices in construction and development; advanced finance; public-private partnerships; and global development. Concentrations in the Business of Development, Global Real Estate, and Sustainable Development are offered.
BS in Real Estate
The undergraduate degree prepares students to understand the basic elements of real estate within the urban landscape. This real estate degree builds upon a solid liberal arts core and business foundation. Under the guidance of a distinguished faculty of prominent professionals in the real estate industry, students acquire knowledge of cutting-edge trends in real estate finance, real estate law, real estate economics, and market analysis, as well as key aspects of the real estate development process, and asset and portfolio management.
DEGREE REQUIREMENTS
- MS in Real Estate and MS in Real Estate Development require 42 credit hours; All graduate degrees are non-thesis and can be completed full- time or part-time.
- The BS in Real Estate requires 128 credit hours to complete (44 credit liberal arts core, plus 20 electives; 48 credits of real estate curriculum, 4 credits of real estate electives and 12 credits in a real estate concentration).
ADMISSION REQUIREMENTS
For all graduate programs:
- A complete online application
- A current résumé
- A two-minute video and timed essay reflection (supported by Kira Talent)
- Letter of recommendation
- Official transcripts from all colleges or universities attended
- TOEFL scores are required for applicants who did not complete an undergraduate degree in the United States or in a country where the only primary language is English. For the TOEFL, NYU SPS recommends that the applicant achieve a minimum score of 110 on the Internet-based test. For the IELTS, a minimum overall band score of at least 8 is recommended. Admissions only accepts the TOEFL, TOEFL At Home, and IELTS academic test from the past two years.
- $150 application fee
- Standardized test scores such as the GRE, GMAT, or LSAT are not required upon submission of an application. However, the Admissions Committee reserves the right to request a test score for additional review of academic potential.
STUDENT DEMOGRAPHICS
Students in the Schack Institute of Real Estate graduate programs come from across the US and around the world to acquire a stellar NYU education in real estate. Programs are a mix of full-time students and those who choose to complete their degree on a part-time basis. The programs are flexible for working students in NYC and full-time students, seeking to complete a degree in as little as 13 months. The undergraduate degree program is specifically designed for students who want to study full time, during the day. The non- degree certificate and continuing education courses are primarily online and taught with live synchronous instruction.
ADDITIONAL PROGRAM/CAMPUS DETAILS
The majority of graduate courses are offered at the Bryant Park-Midtown Center with classes offered in the evening, daytime, and online. Schack Institute students benefit from a diverse array of study abroad opportunities in countries around the world. These trips build their experience and broaden their horizons on an international level.
The undergraduate real estate classes are primarily offered in and around the NYU Washington Square campus. The Schack Institute presents many of the top real estate industry conferences in the world including: the Annual Conference on Capital Markets in Real Estate, the REIT Symposium, the Sustainable Real Estate Conference, and the National Symposium of Women in Real Estate. The Schack Institute also is home to the Center for the Sustainable Built Environment, the REIT Center, and the Urban Lab.