Want to embark on a career in green real estate? The new Master in Global Real Assets at Georgetown McDonough School of Business will help you seize opportunities in the real estate sector
Significant changes to society and the environment have transformed the real estate industry. An estimated 35% of real assets worldwide are exposed to climate hazards. More and more investors are thinking more about the impact of real estate capital through an ESG (environmental, social, and governance) lens. US-based Georgetown University McDonough School of Business (MSB) plans to help lead the transition towards green real estate. The school hopes to prepare future leaders in the sector with a new Master’s in Global Real Assets, teaching prospective students how real estate can foster positive change in society.
MSB Master’s in Global Real Assets | Program
The MS in Global Real Assets is a 12-month, full-time program in Washington DC, set to kick off in Autumn 2023.
The course will teach real estate with a focus on real assets, global capital flows, and ESG issues.
Expanding on Georgetown’s Jesuit tradition, the course will teach you how to utilize a career in real estate in a way that supports communities while promoting sustainability.
“People need to think differently about the way they invest and approach investment. Hence why the course has such a unique ESG focus,” says Matthew Cypher, academic director of the new program and director of the Steers Center for Global Real Estate at Georgetown McDonough.
Enrolling in the program means you’ll learn in small class sizes and cover a range of topics from ESG investing, to infrastructure financing, ethical leadership, and sustainable business management.
Why is now the time for a Master’s in green real estate?
The real estate market has changed significantly in recent years.
Inflation rates have soared since the pandemic, while the climate crisis increasingly becomes the most prominent issue in business and society. The real estate industry alone contributes to 40% of the world’s carbon emissions.
Investors are now prioritizing ESG issues to improve their investment performance, help smaller communities, and better protect the environment.
“We need to address the issues that have occurred post pandemic. The program at Georgetown addresses these issues in a great intersection,” adds Matthew.
Studying different aspects of real assets allows students to understand how issues of ESG combined with issues of infrastructure and real estate impact firm performance.
It will also set you up with the skills needed to launch a career in the developing real estate market.
Applications for the program are set to open in August 2023. To apply you'll need to submit an online application form, CV, video essay, personal essay and one letter of recommendation on the university website. The total cost of the program is $75,000.
Student Reviews
Georgetown: McDonough School of Business
GWU - excellent investment for future
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Review of Georgetown university
Being at Georgetown university has been one of my best experiences. The Professors are knowledgeable, approachable, and very helpful. You will fall in love with Georgetown because of its daily activities, the vibrant students you will encounter, the food served on campus, and the lush surroundings. The housing and dorms are fantastic. There is no better place than Georgetown University if you’re looking to study, discover new things, make lifelong friends, and have fun!
Academically challenging institution
Georgetown University is certainly an academically challenging institution, however, if you ask for assistance when you need it, the workload can be managed. Students are happy to assist one another, and most Professor want you to succeed. Student life is vibrant, the location is excellent and everyone here is friendly and welcoming.
4 Years as an Expat at Georgetown University
Georgetown University provided an exceptional environment for my academic journey as an expat from Italy. As someone who initially felt apprehensive about moving to a new country, Georgetown quickly alleviated my concerns and made my transition incredibly smooth.
One of the standout features of Georgetown is its diverse and welcoming community, particularly for international students. The campus is teeming with students from various corners of the globe, fostering a rich cultural tapestry that made me feel right at home. The vibrant campus life and numerous extracurricular activities offered ample opportunities to connect with fellow students, ensuring a well-rounded and fulfilling university experience.
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Initially enrolled in the College with a desire to major in Linguistics and minor in Art & Journalism, I appreciated the flexibility and openness of the Georgetown education system. After my freshman year, I discovered my true passion lay in Marketing and International Business. The university's seamless transfer process allowed me to transition to the McDonough Business School, where I found the perfect fit for my academic aspirations.
Georgetown's commitment to helping students explore and find their academic niche is indeed one of its most commendable qualities. The ability to explore various subjects before settling on a major is a testament to the university's dedication to fostering individual growth and success. The journey from Linguistics to Marketing & International Business exemplifies the beauty of a Georgetown education — a dynamic and supportive environment where students can discover and pursue their true passions.
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My experience at Georgetown university
My time at Georgetown University has been an incredibly enriching and transformative experience. From the moment I stepped onto campus, it was clear that Georgetown offers a unique blend of rigorous academics, vibrant community, and unparalleled opportunities.
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