Master of Science in Real Estate (MSRE) Overview 

The Master of Science in Real Estate (MSRE) at The School of Business delivers real skills, real networks, and real career impact by equipping you with analytical expertise, market insight, and industry relationships that drive success in commercial real estate. Our forward-thinking curriculum blends real-world application with strategic thinking to help you make smarter decisions and lead effectively, with flexibility to complete the program on campus, fully online, or through a blended format that fits your life. You’ll learn from leading scholars and top industry professionals while gaining access to Portland State’s nationally recognized Center for Real Estate. The program also allows you to tailor your education with targeted electives and graduate certificates at no additional cost in Real Estate Investment & Finance, Real Estate Development, or Affordable Housing—so you graduate ready to make an immediate, meaningful impact in the industry.

WHAT CAN I DO WITH A MASTER'S  OF SCIENCE IN REAL ESTATE?

100%Employed within 6 months of graduation
$94,286Average Starting Salary
$34,571Average Salary Increase

Students come from diverse educational and professional backgrounds and aim at pursuing a variety of careers in:

Real Estate InvestmentReal Estate LendingBrokerage
Affordable Housing (e.g., Finance, Development, Asset Management)AppraisalMarket Analysis and Consulting
Property and Asset ManagementReal Estate DevelopmentCorporate and Public Real Estate Management

MASTER OF SCIENCE IN REAL ESTATE: WHY PSU?

  • Experiential Learning – Learn by doing. Tackle real-world projects that challenge you to make decisions for investors, developers, asset managers, and other key players in the commercial real estate industry.
  • Financial and Quantitative Analysis – Strengthen your financial insights and analytical power.
  • Industry Databases and Software – Get hands-on with the tools the industry runs on. Build fluency in 10–12 leading software platforms and databases that drive success in commercial real estate.
  • AI + Human Judgment – Stay ahead of the curve. Discover how AI is transforming commercial real estate—and develop the human judgment, creativity, and leadership that keep you indispensable in an AI-powered future.
  • Networking and Career Planning – Unlock new opportunities. Connect with industry professionals, receive personalized career coaching and mentorship, and build a network that lasts a lifetime.
  • Scholarships - The Center for Real Estate offers a variety of scholarships based on funds raised from commercial real estate firms. All admitted MSRE students are eligible to apply. If you know a current student, alumni or Center for Real Estate board member, ask them to submit an application for a $2,000 Referral Scholarship for you before you submit your application to the MSRE.
Deniz Arac '19 Head of Development BRAD Management

DENIZ ARAC '19, HEAD OF DEVELOPMENT, BRAD MANAGEMENT

The Center for Real Estate does a tremendous job connecting students with the industry. Students are able to connect with other professionals and see concepts that they learn in class being implemented on job sites.

Full Time: 11 Months | Part Time: 15 Months

45 Credits | Fall Start | Flexible - Online/On Campus | Portland, Oregon

SUSTAINABLE INNOVATIONS IN PRACTICE

Idealism becomes tangible through action. Portland, renowned for pioneering sustainable urban development models globally, is at the forefront of sustainable real estate practices. The collaboration between The School of Business and the College of Urban and Public Affairs resulted in the creation of the Master of Science in Real Estate (MSRE) degree, a program dedicated to reshaping the real estate landscape with a focus on equitable and sustainable approaches to the built environment.

PORTLAND: A LIVING LABORATORY

Portland State's  Master of Science in Real Estate degree stands out as the sole program of its kind in the region because real estate is uniquely positioned here. Engage in reimagining urban growth and contribute to shaping a new vision for the future through extensive case studies and immersive experiences. Step beyond the confines of the classroom and explore the city's latest urban developments, addressing practical challenges faced by the real estate industry today, and interact with professionals spanning every facet of the field.

DEDICATION TO COMMUNITY

The Center for Real Estate at Portland State exemplifies an unwavering commitment to supporting professionals with diverse ambitions and backgrounds. Become part of a supportive network comprising highly engaged alumni involved in various realms, such as affordable housing, brokerage, construction, lending, property management, real estate investment, urban planning and design, and more. This creates a dynamic learning environment enriched by a multitude of perspectives and insights. Collaborating with community partners, you'll challenge the status quo and discover innovative ways to transform the real estate landscape.

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