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Master's in Real Estate (MSRE)

Heller College of Business

Advance your commercial real estate career or enter the profession with the Roosevelt University Master of Science in Real Estate (MSRE) degree. Most MSRE students are employed in the real estate industry or a related field and this degree allows them to advance in their profession and/or firm.  Other MSRE students are entering the industry and the degree provides core “hands on” knowledge as well as networking opportunities.

Roosevelt University's Wabash tower and Auditorium building in Chicago

Location: Chicago
Start Term: Fall, Spring, Summer
Program Type: Master's

The MSRE is a specialized degree tailored to enhance a student's knowledge of the industry with a complete curriculum of real estate courses (10 real estate courses with three core classes and seven electives) versus the MBA program with the majority of general business classes and only 3-4 real estate electives.  The curriculum provides the academic and practical knowledge necessary to achieve success in wide range of real estate fields: commercial development, property management, finance, research, project planning, consulting, brokerage, homebuilding, and others.

This specialized MSRE program is centered around both the Chicago School of Real Estate and the Marshall Bennett Institute of Real Estate with a twin focus: academic excellence with multiple endowed chairs, and professional excellence with a 50-member advisory board of real estate industry leaders.  

Collete English Dixon
, Program Director

What Differentiates Us

Compete and Win

Compete and Win

Each spring, one class participates in the Harold Eisenberg Foundation Midwest Real Estate Challenge; the Roosevelt team has won four consecutive years (2013-16).

A Diverse Population

A Diverse Population

Roosevelt’s diverse population — the Midwest’s fourth most diverse (U.S. News and World Report, 2015) — prepares graduates to function in a rapidly changing urban environment.

An Inclusive Program

An Inclusive Program

Since its founding, more than half of the real estate program’s graduates are female and minority.

Expectations & Requirements


Students enter the program ready to learn, and leave prepared to succeed in the commercial real estate profession. Nearly all classes are project-focused courses that require students to analyze, conceptualize and develop solutions to live, real-world problems. Additionally, students have access to numerous professional development seminars and training programs that develop workplace skills to further advance their careers.

Sample Courses

  • Real Estate Process
  • Real Estate Finance and Investments
  • Real Estate Development
  • Real Estate Marketing and Management
  • Design and Feasibility
  • Real Estate Valuation

More Opportunities

Real Estate Scholarships

Applications are open. The deadline for applying for Fall 2018 grants is June 30, 2018. Applicants for all scholarships administered by the Marshall Bennett Institute will be pursuing a Master of Science in Real Estate (MSRE) or a Master of Business Administration - Real Estate (MBA/RE).

All scholarship applicants must sign the Marshall Bennett Institute of Real Estate FERPA consent form, granting access to their education records by the Marshall Bennett Institute of Real Estate scholarship committee members.  This form will stay in effect through graduation.  Please include this form with your scholarship submissions.

The Duke Realty Fund For Education And Advancement of Minorities And Women in Real Estate - The DREAM Fund

The establishment of the DREAM Fund at MBIRE was led by James Connor, CEO of Duke Realty and the 2016 recipient of the Lifetime Leadership Award. The goal of the DREAM Fund Scholarship is to support diversity as well as overall excellence in the real estate industry.  It seeks to educate, financially assist and support students, particularly those interested in industrial real estate.  The scholarship also provides mentoring, access to job opportunities at Duke Realty, and an annual luncheon.  This Fund provides an annual scholarship grant of $7,500. As long as the student fulfills the requirements of the scholarship, it will be automatically renewed for the second year of the student’s enrollment. View the Fact Sheet

Winston E. Kennedy Endowed Real Estate Scholarship

The Winston Kennedy Scholarship was established in memory of Winston Kennedy, a former president of the Chicago Association of Realtors. The fund seeks to educate and financially assist a student who is also qualified to work with the Institute or the Heller College of Business as a graduate assistant to one of the faculty of the real estate program over the course of a single, academic year. This grant of $7,500 is not renewable without application and approval of an additional year as a graduate assistant. 

John Newman Real Estate Scholarship

The John Newman Scholarship was established by John Newman, a former president of the Specialty Banking Division of LaSalle Bank and the 2007 recipient of the Lifetime Leadership Award. The fund is to educate and financially assist a student who is also approved to work with the Institute or the Heller College of Business as a graduate assistant to one of the faculty of the real estate program over the course of a single academic year. This grant of $7,500 is not renewable without application and approval of an additional year as a graduate assistant.

James P. Grusecki and Northern Builders, Inc. Scholarship for Future Leaders in Industrial Real Estate Fund

James Grusecki, who is Chairman of Northern Builders, was recognized as the 2011 Lifetime Leadership Award recipient and has established this fund to educate, financially assist and support early and mid-career persons in leadership track positions in the Chicago industrial real estate sector. Students receiving this scholarship will be expected to actively participate in the Society of Industrial Realtors (SIOR) during their studies. View the Fact Sheet

Panovich Opportunity Fund for Real Estate Education

C. Michelle Panovich, Principal and Executive Vice President of Mid-America Asset Management, was recognized in 2013 with the Lifetime Leadership Award for more than 30 years of leadership in the real estate industry.  This fund was established to provide scholarships and other support services to those who otherwise might not have the opportunity to obtain a graduate real estate degree.  An interest in the retail real estate sector would be a “plus” for the student applying for this scholarship. View the Fact Sheet

The Teresa and Hipolito Roldan Scholarship for Tomorrow’s Hispanic Leaders in Real Estate  

Hipolito Roldan, President, Hispanic Housing Development Corporation (HHDC) oversees a wide range of community development activities. Mr. Roldan was also the 2007 recipient of the Lifetime Leadership Award.  HHDC seeks to stabilize and enhance Latino communities by developing, managing and investing in ventures that increase the availability of affordable housing, promote economic opportunity and enhance the quality of life.

This scholarship is designed to give opportunities to Hispanic students to obtain a graduate degree that combines academic and "hands on" experience in community development and real estate. The program would also be tailored to compliment the pioneering work Mr. Roldan has accomplished through HHDC over the past 30 years. View the Fact Sheet

Clubs & Activities

The Roosevelt University Real Estate Club is an optional, but integral, offering for students to network with local real estate professionals. Additionally, MSRE students have access to free or discounted memberships in real estate organizations such as NAR, USGBC, NAIOP, CCIM, ICSC, ULI, CREW Network and other real estate professional organizations.


Alumnus Leo Solarte

“The MSRE program gave me the jumpstart and connections I needed to advance my career.”

Leo Solarte - MSRE 2011
Co-founder and Managing Partner, Greenstone Partners
Thomas Hamilton

"Combining theory and practice creates relevance. The focus of the Roosevelt MSRE program is to develop highly qualified and skilled commercial real estate professionals. When students leave this program, they have had the opportunity to work on numerous real-world problems using the latest technologies that the marketplace demands from its workforce. It is designed to be a fast-track program to advance one's career in the real estate industry."

Tom Hamilton, PhD, MAI, CRE, FRICS
​Gerald Fogelson Distinguished Chair in Real Estate, Roosevelt University
Chicago skyline

  • Online Application
  • $40 Application Fee
  • Official transcripts from all previously attended colleges/universities within the United States. Coursework completed outside the U.S. requires a Foreign Credential Evaluation to be submitted.
  • Resume/curriculum vitae
  • Letter of Intent outlining your personal and professional goals, why you are interested in this program, and how it will help you achieve your goals
  • English Language Proficiency: All international students and individuals who completed a degree program outside the United States are required to meet this requirement.