Brand New for 2023!
Make Your Mark with Montclair’s Fully Online MBA in Real Estate Development
Commercial real estate makes up approximately one-third of the current US real estate market and was worth nearly 1.2 trillion dollars in 2022. As a notoriously difficult industry to break into, an online MBA in Real Estate Development from Montclair State University ensures that you are a standout candidate for any commercial real estate development position, teaching you the skills necessary to succeed in your career.
An MBA in Real Estate Development online from Montclair teaches you fundamental analysis and project management skills while at the same time blending it with the commercial real estate law and finance knowledge you need to break into the ever-growing real estate development industry. Rather than teaching you only industry basics, you’ll acquire the practical application to grow well beyond your first position post-graduation. Regardless of what commercial market cycle your region is in, you’ll be equipped with skills that will benefit you throughout your career.
The Montclair MBA in Real Estate Development online program is ideal for:
The Montclair MBA in Real Estate Development online program is ideal for:
Individuals with a knack for finance who want to transition their talents to commercial real estate
Current Real Estate Professionals who wish to jump into real estate development
Career-changers who want to break into the real estate development industry
Successful students will graduate with a rich portfolio of highly desirable management, critical thinking, communications, technical and analytical skills alongside extensive knowledge of the innerworkings of the commercial real estate industry.
Real Estate Development and Finance go hand-in-hand. Is an MBA in Finance more in-line with your career goals? Learn more here.
Learning Outcomes
Learning Outcomes
All Montclair MBA programs provide a solid foundation in diverse business areas such as finance, management and IT, which prepares graduates for leadership roles and makes them valued contributors on cross-functional teams. Earning an MBA in Real Estate Development from Montclair State University ensures that individuals are prepared to enter the real estate development industry by developing both quantitative and qualitative skills needed to manage development projects.
In the Real Estate Development MBA degree program students will:
- Gain a robust understanding of relevant market structures, institutional frameworks, financial statements and other analytical tools
- Explore real-world qualitative and quantitative commercial real estate investment scenarios by emphasizing the use of computer-based programs such as Excel to solve practical real estate development problems
- Learn how to determine the legal and financial feasibility of a commercial real estate project
- Analyze mortgage markets, market structures, institutional frameworks and other analytical tools
- Understand how banks, insurance companies, pension funds and individuals assess risk and value, and invest in mortgages and development projects
- Learn how a project is created and how the vision becomes a reality including budgeting, navigating approvals, managing contracts and understanding federal, state and local laws
It’s your time
to start achieving your career goals.
Online MBA in Real Estate Development Program Curriculum
The academic calendar for Montclair’s online MBA in Real Estate Development degree program features three semesters (Fall, Spring and Summer), and each semester is divided into two eight-week terms. Students in the Real Estate Development concentration are expected to complete 3 credits (one or two classes) per term and will earn their degree within two years. New students may begin their studies at the start of any semester or half-term, which allows a choice of six start dates throughout the year. Students must complete 39 credit hours of graduate-level courses to earn a Real Estate Development MBA. This includes the same 30 credits of core classes required for all Montclair online MBA programs, plus three courses in real estate development and real estate investment and analysis totaling 9 credit hours.
Required MBA Core Courses
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Course Name |
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Accounting for Business Managers |
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Macroeconomics Analysis and Public Policy |
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Managerial Economics |
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Corporate Financial Decision Making |
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Investments: Principles and Practice |
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Emerging Trends in Global Markets |
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Foundations of Data Analytics |
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Operations Analytics |
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Information Systems Strategy and Innovation |
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Operations and Supply Chain Management |
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Achieving Competitive Advantage |
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Organizational Behavior and Team Leadership |
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Business Growth Strategy |
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Applied Marketing Management |
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Market Analysis and Customer Insight |
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Sustainability and Corporate Responsibility |
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Total Core MBA Credits* |
Flexible Core Courses (choose 6 credits from the following):
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Course Name |
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Business Innovation and Entrepreneurial Thinking |
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Project Management |
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Negotiation in the Workplace |
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Business Communications |
Electives (choose courses totaling 6 credits†):
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Accounting courses such as Accounting Information Systems, Financial Statement Analysis and Forensic Accounting |
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Business Law courses such as Business Law I, Business Law II and Legal Issues in Forensic Accounting |
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Economics courses such as Globalization in the Developing World and Independent Study in Economics |
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Finance courses such as Cross-Borders Investing and Financing, Options Markets and Short-Term Financial Management |
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Information and Technology courses such as Business Analysis and Enterprise Systems Management |
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Management courses such as Leadership, Talent Management, Business Communications and Human Resource Analytics |
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Marketing courses such as Marketing Metrics, Strategic Brand Management and Omni-Channel Retailing |
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Total Elective Credits: 6 |
* Students who have not completed prior academic coursework in Accounting, Statistics and/or Finance, and have not earned a grade of B- or higher in those subjects, may be required to successfully complete online foundation modules in these key areas before registering for MBA courses.
† Students enrolled in the General MBA program can choose from a variety of elective courses. Please refer to the MBA program course catalog for a complete list of elective options and corresponding credit hours.
Real Estate Development Concentration Courses
- REAL 570: Real Estate Finance and Securitization (1.5 credits)
- REAL 571: Real Estate Development Legal and Regulatory Issues (1.5 credits)
- REAL 572: Commercial Real Estate Investment and Analysis (3.0 credits)
- REAL 573: Real Estate Development (3.0 credits)
Explore the Advantages of a Montclair
The Real Estate Development MBA degree program at Montclair is offered through the Feliciano School of Business, which is accredited by the Association to Advance Collegiate Schools of Business (AACSB) International—the world’s largest accrediting organization for business schools. Less than 5% of the world’s business schools have earned this distinction. Among all AACSB-accredited schools in New Jersey, the Feliciano School of Business offers one of the most affordable online programs in the state.
Students will take their classes via the Canvas online learning management system, which provides 24/7 access to course materials and tests/assessments. Self-paced learning enables students to complete weekly lessons and assignments on their own schedule, while web-based communication tools allow them to engage and collaborate with faculty and classmates.
Montclair makes no distinction between its campus-based and internet-based programs; there is no reference to “online” on the diploma or transcripts. Employers will only see that the degree comes from a respected university with a distinguished history.
Encouraging Success
Encouraging Success
Our Student Success Coaches are there to support you throughout your entire real estate development MBA experience. From the moment you enroll to the moment you graduate, they provide personalized support to help you stay on track.
They bridge the gap in your online education.
Your student success coach will help you connect with instructors, find resources and ensure that you are guided through the entire experience. They personalize their level of support to your needs. If you’re struggling in a class, they will connect you with the proper professors and resources to turn things around. If you need help with planning your schedule to ensure timely graduation, they will work with you and your schedule to figure out what courses to take and when. No matter what you are going through, they can help.
Your student success coaches participate in rigorous training on how best to support working adult students. Many have also been online students so they have a unique understanding of your experience. Their experience combined with their expertise and knowledge of Montclair State University and our programs will ensure that they can help you achieve your goals.
Student Admission Requirements
At Montclair State University, we welcome students from all around the globe and believe that having different cultures, backgrounds, and experiences enhances the learning environment.
Requirements for domestic students:
- Bachelor’s Degree
- Application and official college transcripts required
- Personal essay
- Resume
- Two letters of recommendation
- $138 fee
Requirements for international students:
- Transcripts: Applicants with a non-US degree must submit a course-by-course evaluation that includes U.S. bachelor’s degree equivalency information for their coursework. This must be completed by an accredited agency. For more information on this requirement visit our international applicant page
- English Proficiency: Applicants who earned their undergraduate degree from an institution where English is not the official instructional language must submit proof of English proficiency
- Visa: To apply for an F-1 or J-1 visa or to transfer your existing F-1/J-1 record, you are required to apply for a Form I-20 or Form DS-2019 first
For more information and requirements for international students, visit our international applicant page.
Career Advancement
Earning an MBA is a career transformer. The median starting salary for new MBA hires is $40,000 more than those who have an undergraduate business degree by itself and it is nearly $10,000 more than any other business school master’s degree. Whether you are attempting to change your career or advance it, a Real Estate Development MBA from Montclair State University is a difference-maker. You can qualify for a vast array of jobs including, but not limited to, Real Estate Developer, Real Estate Investment Analyst and Commercial Real Estate Acquisition Associate.
Meet the Faculty
Dr. Joseph R. Nicholson, Assistant Professor, Accounting and Finance, Feliciano School of Business
Dr. Nicholson is an Assistant Professor in the Department of Economics and Finance. He completed his Ph.D. in Real Estate from the University of Georgia. His research interests are in the areas of Real Estate Investment Trusts (REITs), real estate finance, gentrification and urban economics. He has several years of experience in both finance as an Institutional Bond Analyst and real estate as a Project Manager. Dr. Nicholson has successfully taught numerous real estate courses at Georgia, one of the top real estate programs in the country, over the past few years.
Frequently Asked Questions
Frequently Asked Questions
How long will it take to complete a Real Estate Development MBA?
On average, it takes students 2 years to complete an MBA from Montclair State University.
Does this degree prepare me for any certifications?
While no certifications are part of our program, the content you learn will prepare you in part for CCIM membership.
Note: Neither the additional CCIM coursework nor the required exam are included in this program.
What jobs can you get with an MBA in Real Estate Development
An MBA in Real Estate Development allows professionals to work in a number of different positions across the commercial real estate industry including:
- Real Estate Developer
- Real Estate Investment Analyst
- Commercial Real Estate Acquisition Associate
If you’re curious about what else you can do with an MBA in Real Estate, send our student recruitment manager, Toby, a text, and he can answer any questions you have!
How much does a MBA in Real Estate Development from Montclair State University cost?
For the most up to date tuition cost, visit our Admission & Tuition page.
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Contact Information
Michele Kieff
Montclair State University
Student Recruitment Manager
(973) 435-8070
onlinebusiness@montclair.edu
Do you have questions about the online MBA? Set up a time to speak with Student Recruitment Manager, Michele.