What Is a Master’s in Real Estate?

The MPS in Real Estate is a two-year interdisciplinary professional master’s degree designed for early career professionals in real estate and related fields.

A decision about whether to pursue an MPS in Real Estate, a MSRE, or an MBA in Real Estate should be informed by the type of change you want to make in your career. MSRE programs tend to only span one-year, removing the opportunity to do a summer internship and limiting the scope of study.. The sixty-two credits of coursework needed to earn the MPS in Real Estate degree at Cornell provides a comprehensive and interdisciplinary foundation for a professional career in real estate. A two-year MBA program, provides a general understanding of business management functions with the option of completing electives in real estate. The MPS in Real Estate is a management degree, but also teaches students about finance, development, investment, asset management, entrepreneurship, sustainability, and leadership through real-world experiences grounded in real estate.

Getting a Degree in Real Estate from the Baker Program

Two Years

Rather than simply scratching the surface with a one-year course of study, the two-year, fully immersive Baker Program provides the most comprehensive graduate real estate education available. We prepare you to lead in all areas of the industry from development and sustainability to real estate investment and finance. You will learn from the largest full-time real estate faculty in the country and be immersed in the global real estate industry from day one through:

  •  A weekly seminar series with senior industry leaders
  • Alumni mentorship opportunities
  • Domestic and international treks
  • Case competitions
  • Industry conferences


At the end of their first semester, students, in collaboration with their advisors, select a concentration—an area of specialized expertise that distinguishes them in the industry.


A summer internship between the first and second year of the graduate program typically aligns with your chosen area of concentration, and gives you a distinct edge in a finding leadership positions in the industry upon graduation.


In between the fall and spring semesters, graduate students in the Baker Program embark on site visits that include meetings with alumni and local real estate leaders, and exploration of a variety of environments around the world.

Largest Full-Time Faculty

Specialists in their fields, our faculty members provide expertise in areas as diverse as:

  • The role of the developer, owner, investor, financier, operator, and user
  • Investigation into development, finance, investment and deal structuring, architecture, sustainable design, proptech, property management, urban design and economics, and more, all with an underlying emphasis on equitable and sustainable built environments

Outside the Classroom

Case competitions, the Cornell Real Estate Review, student groups, and paid assistantships provide additional opportunities to connect and enhance your graduate real estate education.

Apply to the Master's in Real Estate Program

Start your application for the Baker Program in Real Estate