Master's in Real Estate (MPS-RE)
Led by the largest full-time faculty in real estate, the Baker MPS in Real Estate prepares you to thrive in a wide range of real estate careers from investment and finance to development and strategy.
- Schedule
- Full-time, 2 years
- Format
- In person
- Location
- Ithaca, NY
- Start
- August
- Requirements
- Bachelor's degree
- Total Cost
- $147,892
- Degree Awarded
- Master of Professional Studies
- This program is part of
- Rubacha Department of Real Estate
MPS in Real Estate
Real estate is shaped by capital, timing, and informed decision-making. The Baker MPS-RE is a STEM-designated master’s program that combines the expertise of the College of Architecture, Art & Planning and the SC Johnson College of Business to prepare you for careers at the intersection of real estate investment, development, and strategy.
You’ll graduate with the skills to evaluate opportunities, structure deals, and make high-stakes decisions—supported by the technical expertise, strategic judgment, and industry connections needed to lead with confidence.
Why choose Cornell?
Designed for the next generation of real estate leaders, Cornell’s Baker Program combines a comprehensive real estate curriculum with one-of-a-kind industry immersion experiences to deliver an unmatched graduate education. You’ll gain the foundational skills needed to succeed in the field while building meaningful connections through student organizations, industry professionals, and a global network of accomplished Cornell alumni.
Ithaca + NYC experience
second-year options in a top global real estate market
End-to-end real estate training
in finance, development, design and strategy
Largest full-time real estate faculty in U.S.
with unmatched expertise
Direct industry access
through projects, site visits and global treks
STEM-designated
and data-driven for a tech-enabled industry
Global alumni network in real estate
250,000+ Cornell alumni worldwide
Small cohort sizes
for individualized attention and mentorship
Why this matters now
Real estate is entering a new phase. Capital markets are shifting, technology and data are reshaping how decisions are made and AI is changing how quickly information can be analyzed. So leaders in this field need to know how opportunities are identified and executed.
Unlike traditional real estate programs or MBA real estate concentrations, this unique program offers the time, resources and immersive experience to deeply understand where the industry is going and how you can position yourself to help shape what’s coming next.
Program snapshot
Whether your goal is to manage high-performing portfolios, shape investment strategies, or drive sustainable development, the Cornell MPS in Real Estate provides the foundation to help you succeed. Through a comprehensive curriculum that spans key disciplines, specialized sectors, and diverse perspectives across the industry, you’ll develop the skills needed to pursue a career aligned with your ambitions.
Our learning extends far beyond the classroom. A summer internship, real estate case competitions, and immersive treks to major real estate markets, including Miami, Singapore, Seoul, and Dallas, provide opportunities to apply what you’ve learned and gain confidence both in and out of the classroom.
Develop your future in NYC
Take your MPS-RE experience to the next level through an immersive second-year in one of the world’s most dynamic real estate markets. Building on the skills developed in your first year, this opt-in, hands-on experience connects you with leading industry professionals and organizations to tackle real-world challenges and create innovative solutions through live projects. Through collaboration and direct engagement with industry leaders, you’ll gain exclusive insight into emerging market trends, ongoing projects and the strategies shaping the future of real estate around the world.
Curriculum overview
The MPS-RE stands out from other real estate programs in many ways. Ours offers a comprehensive curriculum that spans disciplines, opportunities to develop leadership skills and specialized sectors and topics to choose from. You can take everything from a private equity real estate course to a sustainable development class.
You can tailor your experience through concentration areas such as real estate finance and investments, development and sustainability and consulting and market analysis, to align your studies with your personal career goals.
Investment analysis and deal underwriting
Development assesment, planning and execution
Real estate financial modeling
Capital markets and financing structures
Asset and portfolio management
MPS in Real Estate career outcomes
Graduates move into careers across commercial real estate finance and investment, development, asset management and consulting at some of the industry’s most recognized firms. Recent graduates have joined organizations including CBRE, Hines, JPMorgan Chase & Co., Rockbridge Capital, EY and Toll Brothers.
94% of 2025 graduates secured job offers within six months of graduation and have access to NYC industry and a deeply engaged alumni network.
94%
2025 grads received job offers
within 6 months of graduation
$106,111
average base salary
for U.S.-based jobs
85%
accepted finance-focused roles
2025 graduates
Innovative real estate education
Our Ivy League curriculum is taught by thought leaders, researchers and experienced real estate practitioners. You’ll gain practical experience, whether in the classroom or from a continent away. You’ll be connected to the global real estate community. Sometimes experts will come to you — a guest lecture or recruiting event — and other times you’ll go to them — at a job site, on Wall Street, in a design studio or on domestic or international treks. Either way, you’re learning from the best and making the connections you’ll need for success.
Explore the journey Where an MPS in Real Estate can take you
The MPS-RE combines real estate, finance, development and investment coursework with direct industry exposure. The journey below highlights how one student leveraged the program to transition into institutional real estate finance.
“The program prepared me for financial analysis and taught me how to think critically about real estate investment decisions.”
Rashaad Robinson, MPS-RE
From military service to real estate finance
After serving in the U.S. Air Force, Rashaad pursued the Baker Program to transition into institutional real estate investing.
-
Building a real estate foundation
- Developed expertise in real estate finance, investment analysis, and development.
- Applied classroom learning to real-world industry challenges.
- Gained exposure to multiple sectors of the real estate industry.
-
Industry immersion
- Connected with classmates, alumni, and industry professionals.
- Participated in experiential learning opportunities and industry engagement.
- Built the technical and analytical skills required for investment roles.
-
Today: Goldman Sachs
Rashaad successfully transitioned into a role at Goldman Sachs, applying the financial and strategic capabilities developed through the Baker Program to real estate investment analysis.
Admissions deadlines
Applications open in September with four round deadlines from December through April. We encourage you to visit us in Ithaca or NYC, attend a virtual information session and connect with a student ambassador.
September
Application opens
December 1
Round 1 deadline
January 15
Round 2 deadline
March 1
Round 3 deadline
April 15
Round 4 deadline
Your path forward
If you’re ready to build capability, access and momentum in your real estate career, the next step is yours.