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For many prospective professionals, a degree in Real Estate Economics is the key to a successful career in the dynamic world of real estate. In this course of study, students not only acquire in-depth knowledge of business administration and law, but also specific knowledge of market analysis, project management and real estate valuation. The following article explains what makes a Real Estate Economics degree stand out, what content and focus areas it covers, and what professional prospects alumni can expect.
The real estate industry is one of the largest and most dynamic economic sectors worldwide. A degree in real estate economics offers numerous advantages and career opportunities. Here are six compelling reasons why a degree in this field is worthwhile:
Real estate management alumni have a wide range of career options. Whether in project development, real estate management, financing or valuation – there are numerous exciting fields of activity in companies, banks, public institutions or as an independent real estate expert.
Real estate is one of the most important economic goods and is always in demand, regardless of economic fluctuations. Housing, workplaces and infrastructure remain essential, which is why the industry remains stable even in times of crisis and offers long-term career prospects.
Many real estate management courses are practice-oriented. Internships, excursions and collaborations with companies enable students to apply their knowledge directly to real projects. This makes it easier to enter the profession and creates valuable contacts in the industry.
The real estate industry combines economics, technology, law and sustainability. The profession is always full of variety due to the direct relationship with current market trends, new technologies and urban development. No two days are the same, and new challenges ensure continuous personal and professional development.
The real estate industry offers above-average earning potential. High incomes can be earned, particularly in senior positions or as a real estate investor. Through specialization, further training or self-employment, the salary can be further increased.
The real estate market is globally interconnected. Those who are interested in international markets can work in many countries with a degree in real estate. Particularly in metropolises such as London, New York or Dubai, there are exciting career opportunities in international real estate or investment companies.
The following section explains the advantages that Munich Business School offers you in your Real Estate Economics studies.
The following is a brief explanation of the concepts mentioned in the study program.
Concentrations are advanced topics that you can choose within your study program to specialize in specific areas such as marketing, finance or entrepreneurship. In some programs, you can even choose more than one Concentration.
Elective courses give you the opportunity to choose the modules that match your interests and career goals, allowing you to tailor your studies to your individual needs. In many degree programs, you can choose more than one elective course.
A degree program with an international focus prepares you for the challenges and opportunities of global markets through intercultural content, languages and often international experiences such as semesters abroad.
A semester abroad allows you to study at a partner university in a foreign country, gain international experience and improve your language and intercultural skills.
An internship is a practical experience in a company where you apply your theoretical knowledge, gain professional insights and make valuable contacts.
A Master Top-up program enables students with a first university degree to obtain a full Master's degree in a short period of time by completing only the missing modules.
A mentoring program connects you with experienced professionals or alumni who are ready to provide valuable advice, career tips, and personal support.
Studying in English means that some or even all courses and exams are offered in English, which broadens international career opportunities and strengthens language skills.
A pre-Bachelor's program prepares prospective students for a Bachelor's Program by teaching them the basics and improving their language and subject knowledge.
A scholarship is a financial award given to students based on merit, need, or special qualifications to reduce the cost of studying.
A university's accreditations are one of the most important indicators of the quality and recognition of its study programs. Institutions such as the German Council of Science and Humanities, the Ministry of Education and FIBAA, as well as renowned international accreditation organizations such as AMBA and AACSB, assess the academic excellence, practical orientation and international standards of universities. Some universities, such as MBS, work tirelessly to ensure that further accreditations are added and existing ones are renewed. In the following, we will take a look at the most important accreditations for your Program at MBS.
Are you interested in the details? Here you will find our detailed course of studies for the Bachelor International Business at MBS, where you can choose the elective “Real Estate Industry and Construction” and thus shed light on an optimal real estate management degree.
The content of a real estate economics degree program is diverse and covers various fields in order to provide a comprehensive understanding of the real estate industry. This content provides a balanced mix of theory and practice to prepare students for various challenges in the real estate industry and to provide them with a broad range of expertise.
Business Studies: Fundamentals of Economics, Corporate Management, Accounting and Controlling & Specialization in the application of business principles in Real Estate Economics.
Real Estate Law: Introduction to tenancy and building law, contract law and the legal framework of the real estate industry & in-depth knowledge of land registry law and real estate purchase.
Real Estate Valuation: Methods for evaluating residential and commercial real estate & analysis of market values, determining market value and risk assessment.
Financing and Investment: Fundamentals and models of real estate financing, investment strategies and return calculations & introduction to financing instruments and concepts such as mortgages and funds.
Project development and management: Planning, control and implementation of construction and development projects & project phases, time and cost management, risk analysis.
Market analysis and research: analysis of market trends, supply and demand, location analysis & feasibility studies and utilization concepts.
Facility Management: technical and infrastructural management of buildings & strategies for the maintenance, servicing and optimization of real estate.
Sustainability and Energy Efficiency: Sustainable building concepts, green building and certification systems (e.g. LEED, DGNB) & energy management and sustainable use of real estate.
Digital Real Estate (PropTech): Use of technologies to digitize processes in real estate economics & smart buildings and innovative software solutions.
Practical projects and case studies: application of theoretical knowledge to practical projects and case studies, often in collaboration with real estate companies and industry experts.
A degree in real estate economics opens up numerous career paths in a dynamic and growing industry. Alumni can work in a variety of fields, from project development to investment and real estate management. Here are six exciting professions that you can pursue after graduating:
This is a brief overview of the potential earnings after studying real estate management.
| Prerequisites | Salary |
| Entry-level positions | about €40.000 - 55.000 per year |
| Mid-career level | about €60.000 - 90.000 |
| Executive level | about €100.000 + |
| Industry | Industry-dependent – e.g. higher in Real Estate Funds & Investment |
| Location | Higher in metropolitan areas like Munich |
| Experience | In most cases, the more experience, the higher the salary |
| Qualifications | In most cases, the more qualifications, such as a master's degree, the higher the salary |
The difference between real estate management and real estate economics lies in their focus: real estate management mainly refers to the operational administration, maintenance and optimization of real estate portfolios. It is about the daily management and efficiency enhancement of properties. Real estate economics, on the other hand, encompasses the broader spectrum of the industry, including the analysis, planning, financing and trading of real estate, as well as strategic project development and evaluation. While management tends to concern the operation and management of real estate, real estate economics is broader and includes economic, legal and financial aspects of the industry as a whole.
Real estate management includes the administration, maintenance and optimization of real estate portfolios, rent management, cost control, strategic planning, and measures to maintain value and increase efficiency. It also encompasses communication with tenants, compliance with legal requirements, and the implementation of modernization and sustainability projects to ensure the long-term value of the properties.
With a degree in real estate management, you can work in the administration and optimization of real estate portfolios, manage rental properties, work in facility management or take on project management roles. You can also work in consulting, in real estate sales or in the development of strategies for maintaining value and increasing the efficiency of buildings.
To study real estate management, the required average is often between 2.5 and 3.0, depending on the university and demand. However, you do not need an NC at Munich Business School (MBS), where other criteria such as a letter of motivation and interviews are crucial.
Yes, real estate management is essentially a Business Studies course of study with a specialization in the real estate industry. It combines business fundamentals with specific knowledge of real estate markets, financing, valuation and legal aspects.








