The MBA In Real Estate Management program at Austin University develops the highest leadership skills for your success, taught by internationally recognized scholars.
You have a unique opportunity to work closely with diverse individuals, harnessing your intercultural skills throughout the MBA program. Our program prepares you with the necessary skills and knowledge to understand, manage or create business, leadership and financial careers at upper levels of management. Our program also provides the tools for business and leadership professionals to develop the right knowledge, attitudes and skill sets that will equip you to perform ethically, effectively and creatively in the entrepreneurial or corporate environment.
The curriculum comprises 8 core courses including a capstone plus four concentration courses, totaling 36 semester credits.
The MBA in Real Estate Management is one the twelve unique concentrations offered at Austin University, allowing professionals to target their course of study and meet their specific career goals.
Dean’s Letter
Every day during your Austin University MBA experience, you will learn how to think critically, challenge the status quo, and collaborate with people very different from yourself to prepare you for business success. We call that the Austin University MBA difference. You will call it the opportunity of a lifetime.
A truly unique MBA experience
Within the Austin University MBA, you will find the ideal environment to realize your full potential and become a business leader for the 21st century. Working with other high-achieving participants, you will build your competencies in an energizing, collaborative community that mirrors the diversity of today’s global economy.
You will experience a perfect equation between our class size and an individualized approach to learning, ensuring that your ideas and input are valued and heard. This encouragement comes both from faculty and other students, in a supportive environment where everyone knows your name and participants form a close-knit community for life. Conversations with your peers from around the world will shape your viewpoint, enrich your experience and prepare you to work with people from many different backgrounds and cultures.
Student-oriented professors who are successful practitioners in their field will build upon your unique talents and shape your learning experience. Our faculty infuse a rare combination of broad experience, personal insights and the latest in advanced management thinking into their classes.
Armed with the latest knowledge of today, you will be well-prepared to solve the business problems of tomorrow. During our 12-month program for the Full-time MBA or 18-month program for the Part-time MBA, you will develop the core management skills needed to excel in any industry, anywhere in the world. And given our more personalized learning methodology, You will have the opportunity to go much deeper, with the flexibility to pursue specialized studies and hands-on learning in the sector of your choice.
The Austin University MBA program focuses on an entirely different approach to leadership. We believe that you must know yourself and your strengths to effectively lead others. After learning the theories of leadership, you will face your fears, develop critical thinking skills and challenge conventional wisdom in complex situations specifically designed to put those theories to the test. The result: newfound confidence in your abilities from applying what you learned to real life situations.
If you are a high achiever who dreams big, with the courage and passion to turn that dream into a reality, the Austin University MBA program is for you.
To your success,
Dr. Peter Alexander, Dean, Graduate School of Business
Strengths
A Unique Approach to Leadership Development
Current and future executives cannot just be distinct specialists in finance, marketing, strategy or operations. They need to have personal competencies that bridge functional expertise, displaying a comprehensive understanding of all areas of the organization and a capacity to work harmoniously across functions. Throughout your MBA year at Austin University, you are given a series of personal development workshops and seminars designed to allow reflection on your MBA experience, draw conclusions, and facilitate personal growth outside of the classroom. Leadership training requires a rigorous combination of academic theory and application. We teach you the theories behind successful leadership, and then provide you the ideal environment to put those theories to the test.
Concept
Becoming future business leaders entails more than being functional specialists in marketing, finance or operations. Today’s managers need a cross-functional perspective to bridge departmental, cultural and legal lines within a global organization. Our MBA program develops leaders through an innovative approach to theory, practice and personal development training that enables you to be successful in your business specialty.
Theory in Practice
What you learn from our faculty members will be instantly applicable in real-world situations. You will gain firsthand insights into their transformative research and a behind-the-scenes perspective from their extensive industry experience. With this knowledge in hand, you and your learning team will work to develop innovative solutions to real-world business problems. A series of hands-on opportunities develop your confidence to lead in a variety of circumstances, as well as teach you how to motivate others to work toward a common goal. These leadership opportunities prepare you for career success.
Entrepreneurship
At the very heart of our philosophy is the entrepreneurial mindset. Our courses will teach you to emphasize your individual initiative by identifying, valuing, and capturing opportunity no matter what field you choose.
Since entrepreneurship is most closely associated with starting a new business, you will learn key traits such as creativity, the ability to keep going in the face of hardship, and the social skills needed to build great teams.
Career Management
With an newly minted MBA from Austin University, your career prospects multiply exponentially. You begin the transformation of your professional life at Austin Career Management Center (ACMC). The ACMC is here to help connect you with opportunities, from internships to full-time employment, and provide guidance throughout the cycles of your career.
If you are dedicated, tenacious, and innovative, with an endless curiosity for uncovering savvy business solutions, you’re ready to take on an MBA program that’s just like you.
Program Objectives
The real estate industry is experiencing dynamic changes in response to the global demand for new facilities of all types, incorporating rapidly developing technologies, and responding to significant demographic and lifestyle drivers of change, as well as to major changes in the real estate capital markets and the methods of financing major projects. These changes are creating exciting career opportunities in both the private and public sectors throughout the world for those who understand them and can anticipate and understand their impact.
The courses in Real Estate will be taught by some of the most accomplished professors in the field, teaching courses such as finance securitization, investment analysis, and business and legal issues in real estate development.
Program Prerequisites
To be considered for the MBA program at Austin University, you need to have:
– A bachelor’s degree from an accredited college or university.
– Minimum GMAT score of 550 or minimum GRE score of 300.
– For non-native English speakers, TOEFL scores (95 minimum) or equivalent. Please ask our admissions office whether you qualify for a TOEFL waiver based on your professional or academic exposure to English.
– Completed online application.
– Personal interview on campus or by video conferencing.
Program Dates
Austin MBA is a 12-month, full-time, modular program.
Candidates meet on Austin University’s Northern California campus in San Ramon. The next MBA program begins on January 5, 2020; participants will graduate by December 29, 2020. Please see the admissions details for module dates, deadlines and requirements.
| Academic Period | Courses | Registration Open | Start Date | Last Day to Register/Add | Payment Due | End Date | Grades Due |
|---|---|---|---|---|---|---|---|
| Spring |
520 Strategic Marketing Management 505 Accounting and Finance for Decision making 501 Artificial Intelligence Management |
Jan 15 | Mar 05 | Mar 12 | Mar 19 | Jun 29 | Jul 09 |
| Summer |
502 Quantitative and Business research methods 510 Ethics and corporate Governance 515 Management and Accounting Information Systems |
May 14 | Jul 09 | Jul 16 | Jul 23 | Aug 31 | Sep 10 |
| Fall |
525 Managerial Economics 530 Legal Aspects of Business 535 Entrepreneurship Management |
Jul 10 | Sep 05 | Sep 15 | Sep 22 | Dec 22 | Jan 08 |
| Winter |
536 Strategic corporate Finance 541 International Business & Global Strategy Management 545 Capstone: Strategic Management |
Dec 04 | Jan 02 | Jan 12 | Jan 19 | Feb 23 | Mar 05 |
Travel and Personal Costs
You should budget enough to cover your travel to/from San Francisco and the accommodation in the San Francisco area.
You should budget enough money to cover your apartment, insurance, public transportation or bicycle, food, and entertainment. We recommend budgeting $2,000 to $3,000 a month.
MBA – Degree Plan
| Course Number | Course Name | Credits |
|---|---|---|
| MBA 501 | Business Communications | 3 |
| MBA 504 | Organizational Leadership and Behavior | 3 |
| MBA 505 | Project Management | 3 |
| MBA 506 | Strategic Marketing Management | 3 |
| MBA 508 | Entrepreneurship Management | 3 |
| MBA 509 | International Business & Global Strategy | 3 |
| MBA 550 | Operations Management | 3 |
| MBA 700 | Real Estate Investment: Analysis and Financing | 3 |
| MBA 730 | Real Estate Law | 3 |
| MBA 745 | Real Estate Disruptions | 3 |
| MBA 760 | Real Estate Development | 3 |
| MBA 545 | Capstone: Strategic Management (Simulation-based course) | 3 |
Total Credits Required for the Master of Business Administration Degree (MBA): 36 Credits
MBA – Course Descriptions
MBA 501 Business Communications
This course is designed to improve students’ practical business communication skills. It introduces students to the implications and consequences of good and poor communication and offers valuable ways to optimize interpersonal interactions. This course will develop the student’s ability to use clear, concise and unambiguous communication styles. The course also introduces students to a variety of different writing challenges including minutes, technical writing, web page design and sales and promotional material generation.
MBA 504 Organizational Leadership and Behavior
This course provides students with an overview to the approach to organizational behavior as a whole. Its structure emphasizes the scope of theory, research and practice on organization behavior, culture and ethics. Students will also be exposed to the basic definition of a board of directors and to distinguish between different types of boards and understand what the role, functions and responsibilities of the board in an organization entail. This course helps the student to determine how the board of directors can assist the management with strategic planning to distinguish the difference between the daily management of a business and the strategic responsibilities of the board of directors. It will guide students to understand how coaching can be used to develop the team members and to develop the coaching skills that help improve individual performance.
MBA 505 Project Management
This course introduces the student to characteristics, problems, techniques, and methods of project management and also of decision-making in organizations using the Program Evaluation and Review Techniques (“PERT) method, software computer models and practices will be used to solve practical problems in an organization.
This course develops the competencies and skills for planning and controlling projects and understanding interpersonal issues that drive successful project outcomes. Focusing on the introduction of new products and processes, it examines the project management life cycle, defining project parameters, matrix management challenges, effective project management tools and techniques, and the role of a project manager.
MBA 506 Strategic Marketing Management
This course educates students to better understand unambiguous logics behind marketing strategy which ultimately can increase the profit of organizations. Strategic Marketing Management sketches the proper philosophy and practical procedures that tackles the challenges corporations are facing in such competitive market. The impact of an effective strategy is to reduce or resolve issues that corporations are facing.
Strategic decisions come from competent decision makers. Diagnosing and forecasting needed changes and implementing them effectively, contributes significantly to overall success of a company. Strategic Marketing Management is an important part of the core principles that brings much success to an organization. Students through this course will notice and discover the winning formulas for the market, learn how to use analyses to find preeminent solutions that can fulfill the unmet needs of the organization.
MBA 508 Entrepreneurship Management
Establishing new businesses, capturing new markets, and enhancing organizational effectiveness can happen only by improving productivity and innovation. New technologies, new discoveries, competition, and globalization force both entrepreneurs and existing firms to foster innovation and agility, Entrepreneurship Management has three different aspects: The process of entrepreneurship, the finance of entrepreneurship, and the context of entrepreneurship.
This course examines the theory and practice of promoting and managing innovation in start-ups and existing firms. It explores successful frameworks, strategies, funding techniques, business models, risks, and barriers for introducing break-through products and services. Topics include business model innovation, design-driven innovation, leadership, strategy, information technology, knowledge management, process improvement, performance measurement, and change management.
MBA 509 International Business & Global Strategy
Globalization is a necessity and not a luxury. It is a force based on the customer demands for a large number of products and services, especially for vital and critical ones. Global operations have direct or indirect impact on domestic practices, performance and even job market. The needs of customers worldwide for various products and services next to unevenness of products and services quality around the globe are continuously forcing the businesses to make changes. These dissimilarities in their operations and inventions create a gap and make it more difficult to satisfy the customers. Multinational corporations play a vital role in changing the situation and creating a more dynamic global market. Our MBA students need to become sound educated in order to comprehend the vital function of international business operation. Our students also need to learn why and how senior management of corporations especially the multinational corporations (MNEs), make their important decisions based on a global strategy. A dynamic strategy and tactical blueprint will certainly strengthen the outcome of their businesses. This class is complementing the remaining MBA courses and broaden their understanding of this degree program.
MBA 550 Operations Management
An examination of how companies manage processes to produce the products or services required by their customers, including product design, supply chain management, quality, inventory, and planning. Operations management is a science that we are all familiar with, at least to some degree. None of us have infinite resources, and we must allocate the resources we do have properly. Think about the process of preparing a meal: you have to gather all the ingredients and prepare them for cooking. Certain ingredients go in at certain times.
MSRE 700 Real Estate Investment: Analysis and Financing
This course introduces real estate with a focus on investment and financing issues. Project evaluation, financing strategies, investment decision making, and capital markets are covered. No prior knowledge of the industry is required, but students are expected to rapidly acquire a working knowledge of real estate markets. Classes are conducted in a standard lecture format on campus or online with discussion required. The course contains cases that help students evaluate the impacts of more complex financing and capital markets tools used in real estate.
MSRE 730 Real Estate Law
This course examines the fundamentals of real estate finance and development from a legal perspective. The course serves as a foundation course for real estate majors and introduces real estate for other students. It attempts to develop skills in using legal concepts in a real estate transactional setting. The course will be of interest to students contemplating careers in accounting, real estate development, real estate finance, city planning, or banking. The main topics covered may include the following: land acquisition, finance; choice of entity; tax aspects; management (leasing, environmental); disposition of real property (sale of mortgaged property, foreclosures, wraparound mortgages, sale-leasebacks); and recent legal developments.
MSRE 745 Real Estate Disruptions
Real Estate is changing dramatically for the first time in perhaps one hundred years. This class will examine how technology is changing in many facets (all) of the industry. This course will address how technology has already changed the demand for real estate, how it will likely change in the future the way real estate is used, designed, developed, constructed, managed, leased, maintained and financed. Among many questions to be considered:
- Can you crowd fund real estate development?
- Will the office business become a part of hospitality?
- Can we build new buildings like we assemble legos?
- How will autonomous vehicles affect the demand for space and property values?
- What is the future of new data analytics services?
This course will bring together a recognized industry leader and Austin faculty. Included will be abroad set of guest lecturers (Start-up entrepreneurs, incumbents, VC’s and non-RE technology specialists). We believe there is no one single approach to gain insight into disruptions and change under uncertainty so we will propose a mix of approaches including, in-depth case-studies, interactions with guest lecturers who handle those issues daily, learning from economic history and other industries, and drawing from core economic concepts.
MSRE 760 Real Estate Development
This course evaluates “ground-up” development as well as rehab, re-development, and acquisition investments. We examine raw and developed land and the similarities and differences of traditional real estate product types including office, R&D, retail, warehouses, single family and multi-family residential, mixed use, and land as well as “specialty” uses like golf courses, assisted living and fractional share ownership. Emphasis is on concise analysis and decision-making. We discuss the development process, including:
- Market Analysis
- Site Acquisition
- Due Diligence
- Zoning
- Entitlements
- Approvals
- Site Planning
- Building Design
- Construction
- Financing
- Leasing
- Ongoing Management
- Disposition
Special topics like workouts and running a development company are also discussed. Course lessons apply to all markets, but the class discusses U.S. markets only. Throughout the course, we focus on risk management and leadership issues. Numerous guest lecturers who are leaders in the real estate industry participate in the learning process.
MBA 545 Capstone: Strategic Management (Simulation-based course)
This simulation-based course provides students with the opportunity to get the experience of managing a Real Estate business or as a member of the company’s top management team. Class will be divided into teams, each team will formulate and implement strategies that require the effective integration of various business functions – production, marketing, R&D, HRM, and finance – within a practical strategic decision-making framework. students will be able to experience decision making under conditions of uncertainty, the trade-offs necessary among different business functions, and the impact of decisions on the company’s performance in a highly competitive marketplace.
Tuition and fees
MBA tuition and fees at Austin University
Becoming future business leaders entails more than being functional specialists in marketing, finance, or operations. Today’s Managers need a cross-functional perspective to bridge departmental, cultural, and legal, and lines within a global organization. The Austin University MBA programs develops leaders through an innovative approach to theory, practice, and personal development training.
MBA tuition and fees: $ 42,000
The program tuition and fees include teaching fees, required cases and books, e-learning resources, lunch, snacks, and coffee while on campus.
Significant scholarships available. To learn more, please click here >
Dr. Peter Alexander
Dean, Graduate School of Business
Phone 925.272-7370
Email pa@austin.university
“We believe that we are all in this together is a far better philosophy than you are on your own.”
– Bill Clinton, the 42nd President of the United States of America
“We believe that we are all in this together is a far better philosophy than you are on your own.”
– Bill Clinton, the 42nd President of the United States of America
PROGRAM CORE VALUES
Firsthand insights | Behind-the-scenes perspectives | Innovative solutions | Real-world business problems