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Master of Real Estate. MRE Program Overview. Develops the advanced competencies and skills needed for a successful career in the real estate industry. Three semesters, plus summer internship. Non-thesis degree. 11 core courses and two electives. Program size: 50-65.
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MRE Program Overview Develops the advanced competencies and skills needed for a successful career in the real estate industry Three semesters, plus summer internship Non-thesis degree 11 core courses and two electives Program size: 50-65 Application deadlines: March 1 and October 1
Typical Program of Study Fall Semester 13 Credit Hours Real Property Analysis Commercial Real Estate Law Directed Studies – Speaker Series Real Property GIS Applications Prerequisite or Elective
Typical Program of Study Spring Semester 13 Credit Hours Land Economics Real Property Finance Real Property Valuation I Analysis of Real Estate Investment Decisions Directed Studies – Speaker Series
Typical Program of Study – Internship • 10-12 weeks between May and August • Paid internships with salaries ranging from about $2,000 to $4,000 per month • Securing internships is mostly a joint effort among the student, the faculty and fellow students, but the process varies for each person 3 Credit Hours
Typical Program of Study Fall (Final) Semester 9 or 12 Credit Hours Real Property Valuation II Real Estate Development Analysis Elective
Electives • Construction Practices • Financial Management I • Financial Management II • Investment Management • Analysis of Money and Capital Markets • Development and the Environment • Market Analysis for Development • Design and Development Economy • Negotiations • Law and Legislation Related to Planning
Master of RE Program Update Program News • Students 100% Employed & Interned • Average Salary $59,000 Mays College of Business News Russ Petersen ‘ 00 Joins Finance $25,000 Scholarships w/ REC Special Award
Current Admission Statistics Incoming Fall 2012 Class Profile
Enrollment Students on Campus, Fall 1995 to Fall 2011
Employment Trends Career Choice Variety
Student Leadership Nathan Tonne REA President Internship and Full-time: Bierschwale Land Company Hannah Palmer REA President Internship: USAA Realty Jake Nolan AREN Liaison Internship: Alvarez and Marsal
MRE Scholarships Master of Real Estate Program Scholarships • Drs. Ivan W. and Luanne Schmedemann Endowed Scholarship • Roxana Ghalamdanchi, Kelcie Sodolak, James Graves • Valero Energy Corporation Endowed Scholarship Diego Alvarado Palma, Blane Eikenhorst, Edward O’Hara, Steven Tinnin • Alvin B. Wooten Scholarship Bartley Schaetter, Steven Tinnin, Jeffrey Williams • David B. Hendricks II Scholarship • Casey Schaefer • Plum Endowed Scholarship • James Driver, Spencer Hough, Rebecca Ishmael • Virgie D. and O.N. Mitchell, Sr. Scholarship • James Graves • Lorraine and Ed Wulfe Scholarship • Edward O’Hara • SIOR Scholarship • Kyle Kaspar • Real Estate Center Scholarship • John Garcia, Brock Robertson, Benjamin Bittner
Enrichment Beyond Academics
Case Competitions ARGUS Software University Challenge Michael Janiszewski, Blane Eikenhorst, Matt Owen, and Nathan Wade MIT Case Competition John Baker MRE NAIOP Texas Shoot Out Justin Walker, Hannah Palmer, Jacob Nolan, and William Padon
Real Estate Roundtable • Mission: • Mentoring Students • Outreach • Requirements: • Financial • Time • Major Activities • RE Career Day • Judging Competitions • Luncheon Sponsor • Counsel Director
Real Estate Roundtable • Mission: • Mentoring Students • Outreach • Requirements: • Financial • Time • Major Activities • RE Career Day • Judging Competitions • Luncheon Sponsor • Counsel Director
Industry Outreach ULI, RE Center Economic Forecast Featuring: Susan Coombs
Goal: Become Nationally Recognized Program Become the best real estate education and research program in Texas, the Southwest and ultimately in the U.S.
Questions http:/mays.tamu.edu/grad/masters/realestate