McDonough School of Business
Professor Matthew Cypher speaking to Georgetown McDonough students at a construction site.
News Story

Georgetown McDonough Announces M.S. in Global Real Assets

Starting in fall 2023, the new M.S. in Global Real Assets will offer students a real estate degree that expands the traditional definition of this asset class to include infrastructure and incorporates the seismic issues of environment, society, and governance. Graduates will be prepared to both improve investment performance for their organizations and make a positive impact on the world. 

The 12-month, full-time program is offered in-person in the dynamic Washington, D.C., market in partnership with the school’s Steers Center for Global Real Estate, which is known for its experiential learning opportunities, individualized attention from professors and career advisors, and extensive alumni and professional network.

“The real estate industry is changing at a rapid pace, so we designed the M.S. in Global Real Assets to prepare students to address critical issues of real assets – the structures and raw materials the drive economic growth, which include real estate and infrastructure at the core,” said Matthew Cypher, Atara Kaufman Professor of the Practice and director of the Steers Center for Global Real Estate. “This program builds upon our deep understanding and connections in real estate and McDonough’s Jesuit tradition to serve the common good.” 

Students will study a curriculum that combines the built environment – the physical parts of where we live, work and play, with business fundamentals, all through the lens of ESG (environment, social, and governance). The program begins with an opening residency and includes a clinic course where students work on underwriting real estate deals. It will conclude with a global capstone project where students 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. 

The program will be taught in a cohort model, with small class sizes and a lockstep progression. Students also will have access to a dedicated career support team and alumni with experience in the real estate industry. Upon graduation, students will be equipped to explore multiple career paths, especially in the infrastructure, real estate, financial services, risk management, energy, consulting, government, nonprofit, and technology sectors.

“Georgetown’s M.S. in Global Real Assets is a great opportunity for young professionals to launch an expanded career in real assets, enhance their current real estate career, or to pivot to the industry,” said Nita Swinsick, associate dean for graduate and executive program admissions. “We welcome applications from individuals with any undergraduate field of study interested in focusing their careers on real assets. The GMAT or GRE is not required for admission to the program.”

To learn more about the M.S. in Global Real Assets degree and admissions requirements, visit

M.S. in Global Real Assets
Steers Center for Global Real Estate