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)


$66,500 (full-time) / $1,330 per credit (part-time)


$100 Application Fee

$500 Matriculation Fee (Full-Time)

$250 Matriculation Fee (Part-Time)

Full-Time 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.

Descriptions for the following courses can be found by using the JHU Student Information System Course Search.

Orientation Workshops

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

Business Foundations (8 credits)

  • BU.510.601 Statistical Analysis
  • BU.231.620 Corporate Finance
  • BU.120.601 Business Communication
  • BU.131.601 Business Leadership and Human Values

Functional Core (18 credits)

  • BU.234.610 Real Estate and Infrastructure Finance
  • BU.242.720 Real Estate Capital Market Analysis
  • BU.230.640 Development Modeling and Risk Analysis
  • BU.241.735 Infrastructure Development for Sustainable Cities
  • BU.241.610 Real Estate Investment and Development
  • BU.132.615 Real Estate Legal Environment
  • BU.241.740 Project Finance and Public-Private Infrastructure Delivery
  • BU.241.620 Design and Construction Feasibility
  • BU.242.601 Real Estate Market Feasibility Study

Real Estate Electives (8 credits)

  • BU.242.715 Real Estate and Infrastructure Valuation
  • BU.242.715 Advanced Valuation and Investment Analysis
  • BU.241.725 Global Perspectives in Real Estate
  • BU.152.725 Real Estate Entrepreneurship
  • BU.242.710 Real Estate Funds and Portfolio Management
  • BU.242.701 Real Estate Investment Trusts: Analysis and Structuring

Capstone (2 credits)

  • BU.245.790 Real Estate and Infrastructure Capstone

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 2017-2018

  Tuition Application FEE Matriculation Fee Registration Per Semester Graduation Fee
Full-Time $66,500 (for entire 12-month program) $100 $500 $0 $0
Part-Time $1,330 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

Carey Business Magazine Receives Design Award

The inaugural issue of Carey Business has received an Award of Excellence from the University & College Designers Association (UCDA). The award was given to Skelton Design for the firm’s art direction, and layout and design of the magazine.

Carey Business Magazine Receives Design Award image