McDonough School of Business
McDonough School of Business

Master of Science in
Global Real Assets

How to Apply

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, our students focus on emerging issues in real assets — from traditional real estate to sustainability to 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.

Now accepting applications for our August 2023 start.

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 environmental, social, and governance (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 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 will offer a cutting-edge experience that integrates real assets, global capital flows, and ESG in a way that will uniquely equip you to understand this new landscape and be highly competitive on the job market.

We view this innovative degree program as a look into the future of what today’s students need to be competitive in tomorrow’s marketplace.

Careers in Real Assets

Our care and concern for each individual student’s career outcomes is a core value of the M.S. in Global Real Assets. We partner with each student on their career ambitions and help 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, financial services, risk management, energy, consulting, government, nonprofit organizations, and technology firms.

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.

Curriculum Combining the Built Environment, ESG, and Business Fundamentals

The 12-month program starts with an opening residency to introduce these topics and concludes with a global capstone project that draws from the entirety of the program. Students will be asked to identify a range of innovations and other creative solutions that can be applied to the most cutting-edge challenge in real assets and 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. 


Putting Students at the Center of the Student Experience

The M.S. in Global Real Assets 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 M.S. in Global Real Assets degree 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 you with insights to bring forth into your career.

Steers Center for Global Real Estate

“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

“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

“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


Applications for the August 2023 start will be reviewed in the following rounds.

*Recommended submission deadlines for non-U.S. citizens
RoundApplication DeadlineDeposit Deadline
1*February 15, 2023April 15, 2023
2*April 15, 2023May 15, 2023
3May 15, 2023June 15, 2023
4June 15, 2023July 1, 2023

Attend An Upcoming Event

We are pleased to offer an application fee waiver to those who apply after attending one of the following events.

Q&A with Academic Director

Tuesday, February 7

12 – 1 pm ET


Virtual Small Group Chats with Academic Director

Tuesdays, Weekly

12 – 12:30 pm ET


In-person Small Group Chats with Academic Director

Thursdays, Weekly

12 – 12:30 pm ET


Join Our August 2023 Intake

Our next Master of Science in Global Real Assets intake launches in August 2023. We welcome the opportunity to connect with you throughout the admissions process to learn more about your background and interests.

Questions? Contact Our MS-GRA Admissions Team / +1 (202) 908-6882