Introduction

The Wharton School has offered a real estate concentration for MBA students and undergraduates since 1985. The concentration has grown and developed both in size and scope.

The concentration consists of three required credit units and two electives. While the required courses focus on real estate law, development, and finance, the electives allow students to explore a variety of issues related to real estate. These include real estate economics, urban fiscal policy, the relationship between government policy and private development, international real estate markets, and the aesthetic and technical considerations of architecture.

The real estate concentration prepares students to be leaders in the real estate industry and provides the quantitative and qualitative tools necessary for their roles in shaping the future of the industry. To keep students informed of current issues in Real Estate, the Real Estate Department and Samuel Zell & Robert Lurie Real Estate Center sponsors conferences, seminars, and special programs on vital public policy issues relevant to the field.

Professor Joseph Gyourko is the Chair of the Real Estate Department. Professor Todd Sinai is the MBA curriculum advisor. He can be contacted at sinai@wharton.upenn.edu.  The department is located in 1400 Steinberg Hall-Dietrich Hall, and the main phone number is 215- 898-9687.

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The Concentration

Three required c.u.s:

*mini-course

This last course is offered as a supplementary course for real estate students by the University’s Department of Architecture. It counts towards the nineteen (19) credit units needed to graduate, as well as the five credit units needed for the real estate concentration.

Pass/Fail Option: Please note that no real estate class that is taken pass/fail can count toward the real estate concentration.