Admission to the MS in Real Estate Development Program is rolling and remains open into the summer preceding. Applications are expected by May 1 for a Fall start, and October 1 for a Spring start. For the online program, applications are due seven days prior to the start of each semester, typically around late August or early January.
Graduate assistantship applications must be submitted by January 1 for the following Fall and September 1 for the following Spring Semesters. Assistantships are not typically awarded to students who are already in the program. Occasionally, a research project will emerge and students are recruited as a graduate research assistant.
Scholarship opportunities are available and are advertised to all on-campus students. Financial aid includes available loans which students may or may not qualify for. In addition, campus jobs do become available, but they are also competitive and so students should not assume a job will be automatically available. View the process for applying for an assistantship.
Philadelphia is a great city to live in with a rich history as the birthplace of the United States of America. It has a diverse, well-educated population and is a short train ride away from Washington, DC and New York City. Students coming from a foreign country should research different living options and rental rates. There are several apartments available within a short walk or bicycle ride to campus.
The program is designed for working professionals: those that have some experience in real estate development who are looking to add some additional skills sets to their resume, and individuals who are looking to make a career switch into real estate. As such, all classes are offered in the evenings during the week, typically from 6 p.m. to 9 p.m. Additionally, several courses are offered online to allow students additional flexibility in meeting their academic needs.
The program will notify students of professional internship opportunities, both in the public and private sectors. Job opportunities within the real estate industry are typically forwarded to students on a monthly basis.
Thomas Jefferson University is a Middle States Accredited Institution.
No. We did not see a correlation between high GRE scores and success in our program.
The prospects are extremely good in Philadelphia for real estate development opportunities. Students will be prepared with the skill sets to work for private real estate firms, nonprofit community development corporations or government economic development agencies. Each of these sectors is represented at the Jefferson Career Day. Additionally, Philadelphia is an especially good market for residential developers interested in doing complete gut rehabilitation work. In the third quarter of 2017, Philadelphia metro area flippers earned an average $95,875 gross profit, according to Attom. That’s a 114 percent return on investment — the third highest in the nation. (Attom defines the Philadelphia metro area to include Philadelphia, Chester, Bucks, Delaware, and Montgomery Counties in Pennsylvania; Camden, Gloucester, Burlington, and Salem Counties in New Jersey; New Castle County in Delaware; and Cecil County in Maryland. A flip is defined as any residential property bought by an investor and sold to an unrelated person within one year.)