MS in Real Estate and Infrastructure

  • Heather  Reichardt
    “I have worked for Marriott International for many years. The Carey MS in Real Estate and Infrastructure program gave me perspective on real estate beyond my work in the hotel industry. My Carey degree also has broadened my industry perspective well beyond my current role.” Heather Reichardt | Alumnus | MS in Real Estate and Infrastructure
  • Ilsa Snyder
    “I chose Johns Hopkins for the concentration in real estate. It's very well known in the field as being an excellent real estate education.” Ilsa Snyder | Alumnus | Global MBA concentration in Real Estate
MS in Real Estate and Infrastructure

Build valuable connections within the industry while mastering critical concepts that transcend the industry. Develop multidisciplinary skills that will help you thrive in and outside of real estate, regardless of market conditions.



36 credits, 1 year (full-time) / 2 years (part-time)


$64,000 (full-time) / $1,290 per credit (part-time)


$100 Application Fee

$500 Matriculation Fee (Full-Time)

$250 Matriculation Fee (Part-Time)

Inside Look Into MS in Real Estate and Infrastructure

Program Features

The Johns Hopkins Carey Business School MS in Real Estate and Infrastructure program has been a leader in real estate education for 25 years. One of the few graduate real estate programs of its kind to be part of a business school, the MS in Real Estate and Infrastructure program will introduce you to multiple disciplines of the field, including:

  • Investment
  • Development
  • Finance
  • Construction and design
  • Entrepreneurship
  • Planning and sustainability
  • Capital markets
  • Real estate law

The curriculum will provide you with greater flexibility and experience in an increasingly competitive and diversified industry.

Download program brochure

Sample Curriculum

The 36-credit MS in Real Estate and Infrastructure is offered in a full-time format at the Carey Business School’s Washington, D.C. campus and in a part-time format at Carey’s D.C. and Baltimore campuses. You’ll complete the program in a cohort with a group of peers following the same curriculum for most of your studies.

Orientation Workshops

  • Financial Statement Analysis
  • Time Value of Money
  • Value Creation

Business Foundations (8 credits)

  • Statistical Analysis
  • Corporate Finance
  • Business Communication
  • Business Leadership and Human Values

Functional Core (20 credits)

  • Real Estate and Infrastructure Finance
  • Real Estate Capital Market Analysis
  • Development Modeling and Risk Analysis
  • Infrastructure Development for Sustainable Cities
  • Real Estate Investment and Development
  • Real Estate Legal Environment
  • Project Finance and Public-Private Infrastructure Delivery
  • Real Estate and Infrastructure Capstone
  • Design and Construction Feasibility
  • Real Estate Market Feasibility Study

Real Estate Electives (8 credits)

  • Real Estate and Infrastructure Valuation
  • Advanced Valuation and Investment Analysis
  • Global Perspectives in Real Estate
  • Real Estate Entrepreneurship
  • Real Estate Funds and Portfolio Management
  • Real Estate Investment Trusts: Analysis and Structuring

Students who complete this program between May 2017 and August 2017 are eligible to continue their studies in a complementary new area with Carey's Second Degree Option. More information is available on the Second Degree Option page

Tuition & Fees

For Academic Year 2016-2017

  Tuition Application FEE Matriculation Fee Registration Per Semester Graduation Fee
Full-Time $64,000 (for entire 12-month program) $100 $500 $0 $0
Part-Time $1,290 per credit $100 $250 $0 $0

All fees are nonrefundable. 

  • Late Registration Fee: $250
  • Late Payment Fee: $250
  • Returned Check Fee: $35
  • Payment Plan Termination Fee: $75
  • Delinquent Account Collection Fee: 25% of the outstanding debt

Learn more about the financial assistance available to students.

Life (and Career) After Graduation

After graduation, MS in Real Estate and Infrastructure students have gone on to start or advance their real estate careers as brokers, project managers, asset management advisers, analysts, planners, and others. Our Career Development team will take a personal interest in your education—and your professional opportunities—providing you with one-on-one support to help you thrive before and after graduation. 

Organizations where you’ll find Carey MS in Real Estate and Infrastructure alumni making an impact:

  • Alex Brown Realty Inc.
  • Bozzuto Development
  • CB Richard Ellis
  • Clark Construction Group
  • Corporate Office Properties Trust
  • Cushman & Wakefield
  • Enterprise Community Partners
  • Erickson
  • Fannie Mae
  • Freddie Mac
  • Host Hotels and Resorts
  • James G. Davis Construction
  • Jones Lang LaSalle
  • KLNB
  • LaSalle Investment Management
  • M&T Bank
  • Manekin
  • PNC
  • The Peterson Companies
  • St. John Properties

Featured Story

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The “balanced scorecard” has emerged in recent decades as a popular workplace tool for appraising and rewarding employee performance. A new study finds evaluators using a balanced scorecard tended to award high ratings and bonuses to employees who performed well financially, rather than to those who scored well in corporate social responsibility.

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