McDonough School of Business

Master of Science in Global Real Assets

Studying global real assets equips students with the skills needed to drive impact in the investment, development, and implementation of resources in the built environment – the physical parts of where we live and work, including homes, buildings, streets, open spaces, and infrastructure.

Gain Expertise at the Intersection of Real Estate, Infrastructure, and ESG Issues

Career opportunities are rapidly growing in the field of global real assets, including real estate, infrastructure, and energy resources, all of which are part of the built environment. Dramatic changes in the environment and the needs of society have substantially enhanced the importance of developing, investing, and managing these resources. Investors believe issues of ESG (environment, social, and governance) can improve investment performance and require innovative thinkers who understand these dynamics.

To impact the future of the real estate industry, students in our Master’s in Global Real Assets program focus on emerging issues in real assets — from traditional real estate to sustainability to ESG and infrastructure. Through small class sizes, experiential learning opportunities, and connections to a vast network of alumni and industry leaders, you will gain the knowledge and connections to build a career with real-world impact.

Attend a Global Real Assets Admissions Event

Two students and masters in real estate Academic Director Matt Cypher in hardhats outside a construction zone

Our Case for Global Real Assets

The real estate industry has undergone rapid change since the onset of the global pandemic and resultant effects of inflation and rising interest rates. Additionally, the Securities and Exchange Commission released a series of proposals in March 2022 that would govern the manner that public companies disclose their ESG impacts if they are enacted into law. Global capital has been focused on issues of ESG for some time and will allocate capital to investment managers accordingly with the expectation of improved investment performance. Moreover, these same investors are broadening their definition of real estate to include infrastructure such as transportation, digital, social, and alternative energy as investments in these assets perform historically well in periods of higher inflation.

This broader category is referred to as real assets and can be defined as the structures and raw materials that drive economic growth.

The M.S. in Global Real Assets program will offer a cutting-edge experience that integrates real assets, infrastructure, global capital flows and finance, and ESG in a way that will uniquely equip you to understand this new landscape and be highly competitive on the job market.

Ultimately, the innovative Master’s in Global Real Assets degree program offers a look into the future of what today’s students need to compete in tomorrow’s marketplace.

“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

Careers in Real Assets, Infrastructure, Finance, and Beyond

Our care and concern for each individual student’s career outcomes is a core value of the Master of Science in Global Real Assets program. We partner with each student on their career ambitions and help them navigate the various paths that exist within the real assets field. Traditional real estate investors across the globe are expanding their definition of the built environment and folding implications of ESG into their investment process.

Graduates will be able to pursue employment in a variety of directions within areas such as infrastructure, real estate, finance and financial services, risk management, energy, consulting, government, nonprofit organizations, and technology firms. Careers to consider after completing the master’s program include investment analyst, asset management analyst, real estate asset manager, and ESG analyst.

Helping students navigate their career options will be a dedicated career team with expertise in the real estate industry, as well as the Steers Center’s immense industry experience and connections that will assist students and graduates along their journey.

Explore Careers in Real Assets

Curriculum Combining the Built Environment, ESG, and Business Fundamentals

The 12-month, full-time Master’s in Global Real Assets program is offered in person on Georgetown University’s campus in Washington, D.C. It starts with an opening residency that introduces ESG real assets strategies and concludes with a global capstone project that draws from the entirety of the master’s program. Students will be asked to identify a range of innovations, investment options, and other creative solutions that can be applied to the most advanced real assets challenges. Additionally, students will travel abroad to see how the most dynamic intersection of real estate, infrastructure, and issues of ESG are evolving in real-world situations and meet with industry leaders and alumni as they craft their recommendations.

View Curriculum

Putting Students at the Center of the Student Experience

The Master of Science in Global Real Assets program includes the hallmarks of a Georgetown McDonough graduate education: a cohort-based model that connects students to one another through small class sizes and a lockstep progression; individualized attention from faculty and opportunities to connect to alumni and industry professionals through their vast networks; and dedicated career support from a team that has experience in the real estate industry.

The Steers Center Difference

The Master of Science in Global Real Assets degree program has been designed by a team of experts from the school’s Steers Center for Global Real Estate, known for building a robust student learning experience inside and outside of the classroom. Through industry connections and alumni engagements, the Steers Center will extend your network, build your resume, and provide insights to bring forth into your career.

Steers Center for Global Real Estate
masters in real estate students looking at building plans

“From Day 1, the Steers Center has exceeded my expectations by providing connections, opportunities, and support for my professional development that I have no doubt will continue to benefit me throughout the rest of my career.”

Ahmed’s Steers Story
masters in real estate students smiling and walking with friends

“The Steers Center has offered me many opportunities to explore and expand my passion for real estate. I have gained invaluable interpersonal, presentation and valuation skills through my involvement in the student funds.”

Gia’s Steers Story
laughing masters in real estate student looking at her friend in Georgetown neighborhood

“I am grateful for the Steers Center for giving me the confidence to take on the real estate universe along with a supportive network and intellect geared for success.”

Louise’s Steers Story

Global Real Assets Admission Details

We will review applications for the Master’s in Global Real Assets program’s August 2024 start during the following rounds.

*Recommended submission deadlines for non-U.S. citizens
RoundApplication Deadline
Round 1*October 15, 2023
Round 2*December 4, 2023
Round 3*January 15, 2024
Round 4*March 15, 2024
Round 5April 15, 2024
Round 6May 15, 2024
Round 7June 25, 2024

How to Finance and Apply to Your Master’s Program


Attend A Global Real Assets 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.

MS-GRA Academic Director Q&A

Monday, April 8

1 – 2 p.m. ET

Location
Online

2024 Real Estate Luminaries Series by the Steers Center

Thursday, April 18

5 – 7 p.m. ET

Location
On Campus

Meet with the MS-GRA Admissions Team

Weekly

Wednesdays from 2 – 2:30 p.m. ET

Location
Online

Application Tips Workshops

Weekly

Tuesdays or Thursdays from 12:30 – 1 p.m. ET

Location
Online

In-Person One-to-One Admissions Meeting

Weekly

Wednesdays from 10 – 11:30 a.m. ET

Location
In-Person (see more information in registration form)

three students talking and smiling in the Georgetown neighborhood in front of brownstones

Previous Info Session

Learn about Georgetown McDonough’s Master of Science in Global Real Assets, a real estate degree that extends to include infrastructure and explores the environmental, social, and economic growth that sustains societal development around the world.


Join Our August 2024 Intake

Our next Master of Science in Global Real Assets intake launches in August 2024. 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