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three students of master real estate programme three students of master real estate programme
Degree
Master of Science (MSc)

120 ECTS

Language
EN

Tuition Fee
EUR 39,000*

*excl. 350 EUR enrolment fee and 100 EUR application fee

Application Deadline
30 June

Programme Start
25 August

Duration
4 Semesters | Full-Time

The Master in Real Estate is an internationally-focused programme that emphasises real estate investment, finance, digitalisation, AI, and sustainability. Rooted in interdisciplinary collaboration and global exchange, our solution-driven approach is designed to educate and empower the next generation of real estate professionals.

The Frankfurt School Real Estate Institute (FS REI) enhances Frankfurt School’s academic offerings by integrating real estate into its curriculum and advancing research in the field. Established in November 2023 with the support of top executives from leading companies, FS REI serves as a center of excellence for key issues in the real estate and finance sectors. The institute is backed by funding from 19 corporate partners.

We offer a flexible 3-day model that supports part-time work. Students also benefit from personalised mentoring, connections with leading experts, and a global network of companies and alumni through the Entrepreneurship Centre.

Scholarships are available to support your real estate studies.

Master in Real Estate Learning Goals

LG 1.1: Students have an in-depth understanding of current theories and concepts in the various areas of the real estate industry along the real estate value chain as well as in relevant interdisciplinary areas such as macroeconomics and law.

LG 1.2: Students are able to assess and reflect on complex real estate and financial problems in an analytically and conceptually sound manner, taking into account the effects of macroeconomic dynamics and future-relevant areas (e.g. sustainability, digitalization) that have a significant impact on the real estate industry. Students have a sound knowledge and understanding of current economic and real estate industry research findings.

LG 2.1: Students can apply and create advanced models for real estate products and solutions by evaluating the importance of different sources of information and potential shortcomings of different data sets and models. Their analytical approach is based on critical reflection and mathematical rigor. 

LG 2.2: Students analyze financial and real estate-related problems by applying scientific and quantitative methods and using well-founded theoretical and methodological approaches that appropriately adapt the selection of theories, quantitative and qualitative methods and analytical tools to the respective problem. 

LG 3.1: Students are able to present their knowledge in a convincing and well-structured manner by writing, presenting, discussing and defending research-based findings in interdisciplinary fields of research and application.

LG 3.2: Students will reach common goals by effective cooperation within a team. They will recognize conflict potentials in cooperation with others and reflect target-oriented on them in the context of situation-overlapping conditions. Students will use their interdisciplinary training to tailor their communication about research findings, problem solutions and theoretical assumptions to different audiences in order to cater for different backgrounds and perspectives.

LG 4.1: Students understand and reflect on the ethical and social implications as well as the personal and cultural differences of their recommendations and decisions in an international environment.

LG 4.2: Students understand the ethical and legal responsibilities and consequences arising from real estate products, developments, ESG requirements, AI implications and management practices.

Rankings, Accreditations & Partnerships

Rankings & Accreditations

financial times european business school ranking

Frankfurt School is among the top European Business Schools. Accredited by AACSB, EQUIS and AMBA, the three leading international associations of business schools, Frankfurt School is one of the few institutions worldwide that has been awarded "Triple Crown" accreditation.

The programme is currently in the RICS accreditation process.

Partnerships

FS Real Estate Club

The FS Real Estate Club connects alumni, FS REI partners, and lecturers within the real estate industry, offering students early access to industry connections, internships, and career opportunities.

Partners and lecturers can engage with the community by sharing expertise and discussing industry topics.

Alumni can give back by mentoring students and contributing to the future of the sector, making the club a vital link between education and the real estate industry.

With the establishment of the Real Estate Club, FS will focus intensively on real estate teaching, research, executive education, and impact events for the constant exchange of knowledge and the highest quality standards.

FS Real Estate Institute (FS REI)

At the end of November 2023, the Frankfurt School Real Estate Institute (FS REI) was founded with the participation of numerous high-ranking representatives from leading companies in the real estate and financial sectors. Frankfurt School has established a new center of excellence focused on key issues in real estate and finance. The newly founded institute is supported by the sponsorship of 19 corporate partners.

The FS REI, which is part of the Finance Department at Frankfurt School, is headed by Prof. Dr. Kerstin Hennig.

Foto_Hennig_746x450

Curriculum

The Master in Real Estate curriculum is designed to support innovative students with business backgrounds who aim to excel in real estate. Our programme equips students to thrive in diverse real estate environments, including banks, advisory firms, and corporations (such as development, investment management, and asset management). Graduates will gain the technical and analytical skills necessary to address current and future challenges in real estate and finance, adapting to the dynamic landscape of the industry.

Curriculum MRE 2025

Meet Us Online and On-campus

why FS?

Learn more about our Master programmes at one of our Master info evenings and find out which programme is best to boost your career.

You can also explore our campus and speak to representatives from our Master programmes in person at one of our Open Campus Nights.

Personalise your studies

3 Day Model

The Master in Real Estate programme offers a distinctive approach known as the 3-day model, allowing students to balance part-time work with full-time studies. From the outset, students engage in classes three days a week, providing ample opportunity for self-study, language courses, or part-time employment during the remaining weekdays. Additionally, some lectures or excursions are organised as blocked week events.

Entrepreneurship Centre

The Entrepreneurship Centre aims to inspire, foster connections, and offer training opportunities to Frankfurt School students, along with external stakeholders like investors, alumni, founders, and partners. Options include participation in our Incubator for continuous support or accelerating projects through our Accelerator programme. Additionally, students can opt for the Entrepreneurship elective in collaboration with TechQuartier during the fourth semester, enhancing their specialization with a double focus.

Electives

In the fourth semester, students have the opportunity to choose two elective courses, allowing them to enrich their master’s programme and delve into specialised areas of interest. From Data Basis & Cloud Computing to Risk & Crisis Management, these electives align with students’ professional aspirations and broaden their knowledge beyond the core curriculum.

Studying abroad

Frankfurt School collaborates with over 90 universities worldwide specialising in real estate, finance and business education. This collaboration offers our students the opportunity to explore different cultural and academic environments, gain international study experience and expand their global network. Through our partner universities, students have the opportunity to study abroad and gain invaluable insights to prepare for a successful international career in the real estate industry.

Student Life

Situated in Europe’s commercial centre, Frankfurt am Main is home to leading global corporations, consultancies, cutting-edge tech firms, and startups – not to mention the European Central Bank. Frankfurt School is at the heart of this vibrant community, engaging these strategic partners with pioneering research and innovative approaches in real estate, banking, and finance.

Learning Experience

Frankfurt School together with the Master in Real Estate is committed to providing a comprehensive education. Our innovative teaching methods in the classroom are complemented by a range of workshops and activities, enriching the learning experience and fostering a deeper understanding of real estate concepts.

Frankfurt School Case Studies

We are especially proud to introduce our Frankfurt School Case Studies, a series of dynamic, hands-on explorations in financial engineering, real estate investments, and development. Our curriculum seamlessly integrates our tailor-made FS Case Studies to offer students the unique opportunity to bridge the gap between theory and practice.

Guest Lectures, Talks & Conferences

The Master in Real Estate programme at Frankfurt School offers numerous opportunities for students to engage with industry experts through guest lectures, talks, and conferences. These events provide valuable insights, networking opportunities, and real-world perspectives that complement the academic curriculum and enhance the overall learning experience.

German Classes

The Master in Real Estate is conducted in English, however German language classes are offered to international students throughout the programme. We actively encourage our international students to consider learning German prior to their arrival in Frankfurt, as proficiency in the language can significantly enhance employment prospects.

Careers Services & Your FS Network

Our career services help you build a professional network to advance your international career. We provide job placement assistance, employment guidance, and resume writing services to equip you for the job market. Our extensive network of corporate connections and alumni offers numerous job opportunities, while guest lectures and company visits provide valuable insights into industry trends.

Employment Insights

The real estate industry is a dynamic field, central to the growth of economies and the development of communities worldwide. Equipped with an MSc in Real Estate from Frankfurt School, you will explore  diverse career opportunities in this sector blending finance, market analysis, and property development. Explore the wide range of roles that drive this industry below.

Employment by Industry

  • Banks
  • Advisory Firms
  • Asset Management Firms
  • Development
  • Private Equity Firms
  • Boutiques
  • Investment Firms
  • Public Authorities
  • Brokerage Firms

Employment by Function

  • Sustainability Advisor
  • Real Estate Digital/Data Expert
  • Investment Manager
  • Asset Manager
  • Urban Development Expert
  • Transaction Advisor/Manager
  • Business Developer
  • Strategy Consultant
  • Real Estate Consultant
  • Risk Manager for Real Estate

Financing & Scholarships

Your degree is an investment in your professional future. As a business school of international standing, we not only offer you ideal conditions for gaining/obtaining a degree – we also offer you excellent career prospects.

Since we can guarantee the quality of our teaching and research, we also expect the highest levels of commitment and motivation from our students.

MOMENI Group Foundation

Momeni_Group_Foundation_RZ_RGB

"The academic ambitions of outstanding students should not fail because of financial circumstances."

Dr. Martina Momeni, MOMENI Group Foundation

MOMENI Scholarship

The MOMENI Group Foundation offers a prestigious scholarship for students pursuing the full-time Master in Real Estate. This opportunity aims to empower the next generation of leaders in the real estate industry. 

  • Full Scholarship: Covers complete tuition fees
  • Duration: 2 years
  • Application Requirements: Submit a complete application (see requirements) along with a motivation letter specifically for the MOMENI Scholarship

Application Process

Application process

Requirements

  • First academic degree of at least 180 ECTS (Bachelor or equivalent) preferably in business or economics
  • Proficiency in English (TOEFL – min 90 iBT / IELTS Academic – min. 7.0 / CAE B or equivalent)
  • Valid GMAT/GRE score or BT Methods*
  • Successful admissions interview

*Please note: The BT Methods can be taken only once. 

An application fee of 100 EUR applies. 

Deadlines & Discounts

Early Bird
(EUR 4,000 discount)*
30 November 2024
Early Bird
(EUR 2,000 discount)**
31 March 2025
Final Application and Scholarship Deadline 30 June 2025

*In order to secure the first EB discount you must have received an admission letter by 31 March

**In order to secure the second EB discount you must have received an admission letter by 30 June

***Please be aware that internal applicants are not eligible for the early bird discount. Instead, they will receive an alumni discount.

We encourage you to complete your application as soon as possible as there are financial advantages for candidates who submit a complete application early.