Master of Science in Global Real Assets

A unique collaboration between Georgetown’s top ranked business school and premier center for global real estate, this one year Master’s degree prepares students to address challenges in real estate, infrastructure, and sustainability and equips them to improve investment performance for organizations worldwide.

“The Masters of Science in Global Real Assets is what we believe to be the real estate education for the next ten years. We are looking at a broader definition of the built environment.

And for our definition, what we are including is not only real estate, but also infrastructure.

So we’re talking about very traditional issues of office buildings,industrial buildings, and apartments, but we’re also talking about things such as transportation infrastructure, social infrastructure and so forth.

And within that, infused within is the issues of ESG. The built environment contributes 40% of global greenhouse gas emissions.

We have a very important role in helping to address global climate change. One of the aspects of commercial real estate and real assets that I like a great deal is the influence it has on the way people live.

Everything you undoubtedly have done today has involved something in the built environment, whether it’s your home, whether it’s your school, whether it’s your business.

Global real assets has a meaningful impact on the way people live and can be a force of good in helping to improve the way people live.

And so within the Global Real Assets Program, we’re worried about issues of the environment.

We’re worried about issues of society and governance.

But most importantly, we’re worried about understanding how all of that increases performance.

Our view is that embracing ESG within the construct of global real assets will improve the performance of individual firms.

And so what our students are going to learn as part of this program is how issues of ESG infused within issues of infrastructure and real estate can improve overall firm performance.

At the end of the day, you’re in graduate school because you’re concerned about your career and advancing your career. We will work with each student while they are in the Masters of Science in Global Real Assets to ensure that they have the best possible career outcomes as that matters just as much to us as it does to you.

Should you be interested in discussing this Master’s of Science in Global Real Assets, we would welcome the opportunity.

Our program is very focused on the student.

We take a very student centric approach to everything we do, and we would encourage you to reach out to us directly to have a conversation about how this degree program can help you in your career.” Matthew L. Cypher, Ph.D

Why a Degree in Global Real Assets?

The M.S. in Global Real Assets program, designed by a team of experts from the Steers Center for Global Real Estate, offers a cutting-edge experience that integrates concepts of real estate, infrastructure, global capital flows and finance, and sustainability to uniquely equip students to understand the changing landscape and be highly competitive in the job market.

Image representation of Master of Science in Global Real Assets' curriculum combining real estate, business, finance, infrastructure, and sustainability


Scholarship Spotlight

Steers Center for Global Real Estate Scholars Program

Five outstanding applicants will receive a 50% tuition scholarship and an exclusive one-on-one mentorship with a senior member of the Steers Center Advisory Board, influential leaders shaping the future of global real estate.

Learn More.

Career Spotlight

The Steers Center Partners with Jackson Lucas

Georgetown’s Steers Center in conjunction with Jackson Lucas – a specialized real estate search firm – is pleased to offer students the ability to explore expanded career opportunities in real estate through its new JL access program.

Learn More.


MS-GRA at a Glance

10-Month Program
3 Real Estate Clinics
No GMAT/GRE Required

Why Georgetown McDonough?

At McDonough you will –

Leverage a Top Ranked Business School + Premier Real Estate Center

Through a unique collaboration between Georgetown’s McDonough School of Business and the Steers Center for Global Real Estate, MS-GRA students gain access to the school’s renowned business education and faculty expertise, and are further enriched by the center’s extensive network of influential leaders, exposure to global real estate companies, and intentional experiential programming – including a structured mentorship program to gain meaningful investment insights from industry experts, guest lectures, and networking events.

Steers Center for Global Real Estate

Gain a Competitive Edge in the Job Market

MS-GRA students learn how to make investment decisions across all areas of the built environment – from traditional real estate to infrastructure and issues of sustainability and governance – and then gain real-world experience working with organizations to underwrite live deals with tools like ARGUS during real estate clinics. Our students also benefit from an exclusive partnership with Jackson Lucas, a specialized real estate search firm and unique co-curricular experiences like the optional internships, case competitions and the Real Estate Practicum, where they have the opportunity to gain additional hands-on experience working on live deal underwriting. As a result, students build employable skills that give them an advantage in job interviews.

Explore MS-GRA Careers

Engage with a Global Gateway Real Estate Market

Our location at Georgetown’s Capitol Campus in the heart of Washington, D.C.’s dynamic real estate market offers unparalleled access to industry leaders, policymakers, and regulators at some of the most influential real estate companies and governmental organizations, including the U.S. Securities and Exchange Commission and the Federal Reserve. Additionally, they can leverage new connections, build their professional resumes, and apply knowledge in real-world settings.

MS-GRA Academics

Georgetown McDonough Rankings

12th Top Business Schools in the United StatesFinancial Times
#2in the U.S. for careers in international businessU.S. News & World Report
14thfor real estateU.S. News & World Report

Class Profile at a Glance

Varied Undergraduate MajorsFinance, Business, Economics, Real Estate, Architecture and Environmental Design, Arts and Humanities, Social and Behavioral Sciences
21%Female
17%International Students

Attend An Upcoming Event

We are pleased to offer an application fee waiver for select events to those who apply after attending an event. The waiver does not apply to Application Tips Workshops, Resume Reviews, and Virtual Small Group Coffee Chats.

Academic Director Q&A

Wednesday, March 26
12:00 – 12:45 p.m.

Location
Online

Admissions Team Small Group Meetings

Weekly on Tuesdays
1:00 – 1:30 p.m.

Location
Online

Application Tips Workshop

Weekly on Thursdays
11:00 – 11:30 a.m.

Location
Online

How to Finance and Apply to Your Master’s Program

McDonough Real Estate News

More Real Estate News
three students engaged in conversation on the steps of the U.S. Supreme Court building

Admissions, Student Experience

Steers Center for Global Real Estate Announces Scholars Program to Provide Financial Assistance, Mentorship

Five exceptional applicants to the M.S in Global Real Assets (MS-GRA) program will receive a 50% merit-based tuition scholarship, in addition to a personalized, one-on-one mentorship opportunity to support their graduate education and career development. 

March 18, 2025

Students inside conference room in Hariri building

Career

Steers Center for Global Real Estate Partners with Jackson Lucas To Expand Career Services at Georgetown McDonough

Explore JL Access: a career resource for current and future McDonough students with real estate search firm Jackson Lucas.

January 27, 2025

Aidan Carroll with his teammates on Georgetown's men's lacrosse team and his classmates in the MS-GRA program

Student Experience

A Balancing Act: A Graduate Student-Athlete’s Perspective on Juggling School and Sport

Aidan Carroll (SFS’24, MS-GRA’25), a McDonough Student Ambassador, is pursuing an M.S. in Global Real Assets (MS-GRA) at Georgetown’s McDonough School of Business.

January 22, 2025


Join Our August 2025 Intake

Our next Master of Science in Global Real Assets intake launches in August 2025. We welcome the opportunity to connect with you throughout the admissions process to learn more about your background and interests, share details about the classes and capstone project, and explore how you can make an impact in this field.

Questions? Contact Our MS-GRA Admissions Team

We can answer questions about making an investment in your future through the Master’s in Global Real Assets program.
RealAssets@georgetown.edu / +1 (202) 784-1478