DID YOU KNOW?
In 2024, Munich Business School secured the top spot among private universities of applied sciences in the field of business administration from a recruitment perspective for the fifth time in a row.
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.
In the following, we will briefly explain the concepts mentioned in real estate economics studies.
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.
The accreditations of a university are an important indicator of the quality and recognition of its study programs. Institutions such as the Ministry of Education, the German Council of Science and Humanities and FIBAA, as well as renowned international accreditation organizations such as AASCB and AMBA, assess the academic excellence, practical orientation and international standards of universities. Some universities, such as Munich Business School, work tirelessly to add more and extend existing ones. Below, we take a look at the most important accreditations for your real estate studies at MBS.
| Munich Business School | Public German Universities | |
|---|---|---|
| State Accreditation | ✔️ | ✔️ |
| FIBAA | ✔️ | ❌ |
| Accreditation by the German Council of Science and Humanities | ✔️ | ✔️ |
| AACSB | ✔️ | ❌ |
| AMBA | ❌ | ❌ |
MORE INFO?
If you would like to know more about the rankings and accreditations of Munich Business School, please visit our following page:
All rankings and AccreditationsThese companies regularly work with MBS students on projects:
210
6 Semesters + Bachelor's thesis
German/English
Full-time Study
Bachelor of Arts (B.A.)
Integrated
Built-in
February & September
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.
Pick 1 out of 6:
Pick 1 out of 6:
Complete your first internship in the lecture-free period between the second and third semester
Pick 1 out of 6:
Feel more connected to the MBS community by actively participating in a variety of extracurricular opportunities.
20 ECTS from the field of international business studies at the partner university
Duration: 10 Weeks
In the International Innovation Management concentration, you will learn to manage innovation processes from the idea to marketing. You focus on customer needs, use market research and current methods such as design thinking. You will research technology trends and implement your own innovation projects in groups.
In this concentration, students learn the basics of market-oriented business management. The focus is on marketing & sales in the digital age. The course covers strategies such as market analysis, brand management and the optimal marketing mix, including market research and sales management. The goal is to secure long-term success on a national and international level.
In the International Finance concentration, students acquire in-depth knowledge in controlling, corporate finance and asset management for the global context. The focus is on modern methods and tools, including investment calculations, financing decisions, foreign trade financing and risk assessment on an international level.
In the International Procurement, Production and Logistics concentration, students learn to efficiently manage global supply chains. The focus is on optimizing the flow of goods and services in times of globalization and digitalization. The aim is to supply end customers on time, cost-effectively and in high quality.
In the International Human Resources Management and Leadership concentration, students acquire in-depth knowledge of strategic human resources management at an international level. The focus is on the role of employees as critical success factors, as well as on topics of leadership and development of employees.
Deepen your accounting knowledge from the first part of the MBS program and learn, for example, about the structure, concept and elements of accounting according to IFRS.
Feel more connected to the MBS community by actively participating in a variety of extracurricular opportunities.
Select from the following languages: Arabic, Russian, French, Chinese, Spanish, German
Pick 1 out of 3
Pick 1 out of 3
Choose a seminar that matches your concentration and prepare yourself optimally for your bachelor thesis.
Further individualize your studies and deepen the areas you are particularly interested in, such as:
At the end of your studies, you will understand the importance of ethical decisions in the business world, which has been addressed in different courses in all semesters. Regardless of the level – company, leader or individual - ethical behavior in the sense of our MBS value act responsible is crucial!
Select from the following languages: Arabic, Russian, French, Chinese, Spanish, German
Duration: 10 Weeks
Last but not least: Writing your Bachelor Thesis.
"There is an appropriate balance of subjects with hard and soft skills, with important courses such as finance but also equally important courses such as agile management or resilience management. Depending on your focus, you can dive deep into areas. The mandatory 30-week internship provides a good balance to the theory."
E. on StudyCHECK
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:
Real estate managers are responsible for the management, rental and development of real estate. They optimize the economic value of residential and commercial real estate and ensure that properties retain their value and generate a rate of return. Their activities range from setting rental prices to planning maintenance.
Facility managers are responsible for the technical and infrastructural operation of buildings. They optimize processes, take care of maintenance and ensure sustainable building management. Particularly in large companies or public institutions, facility management is an important part of real estate management.
If you have a passion for sales and customer service, you can get off to a flying start as a real estate agent. Agents broker residential and commercial real estate and are the link between buyers and sellers or tenants and landlords. Successful agents benefit from attractive commission models and a dynamic market.
Real estate valuers assess the value of land, houses and commercial properties. They prepare market and location analyses, determine purchase prices and prepare expert reports for banks, investors or courts. This profession offers an exciting challenge for those with a penchant for numbers and analysis.
Project developers are responsible for planning and implementing new real estate projects. They analyze market potential, calculate investments and coordinate all parties involved – from architects to construction companies. The goal is to realize economically successful real estate projects.
Alumni with a focus on finance can work as investment managers or self-employed real estate investors. They analyze real estate markets, invest in profitable properties and develop strategies for increasing value. There are particularly attractive career opportunities in the area of institutional real estate investments.
DID YOU KNOW?
After an MBS Bachelor's or Master's degree, you can also take up all these professions abroad without any problems.
| 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.
Real estate economics studies is an academic program that deals with the various aspects of the real estate industry. It provides students with the in-depth knowledge and skills needed for a career in the planning, development, management, financing and valuation of real estate. The program combines content from business administration, real estate law, finance and the technical management of real estate projects.
In summary, a real estate economics degree offers a comprehensive apprenticeship that combines technical, legal and economic aspects and optimally prepares alumni for a career in the broadly diversified real estate industry.
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In our exclusive and non-binding information material, you can find out everything you need to know about:
The requirements for studying Real estate economics vary depending on the university and the course of study (bachelor's or master's). In addition, certain personal qualities and skills are helpful for successful Real estate economics studies and later work in the real estate industry. Here are the most important characteristics and requirements:
These requirements help to ensure that students have the necessary foundations and qualifications to be successful in their studies and later in their careers. In addition, the qualities and skills help students to successfully master the challenges of their studies and the professional demands of the real estate industry.
In the real estate sector, there are a variety of degree programs tailored to different areas of focus and career paths. Here are some of the most common courses of study:
These courses offer different specializations and develop specific skills tailored to the diverse requirements and fields of work in the real estate industry.
The Munich Business School in Numbers
Studying Business Studies with a focus on real estate economics offers you more flexibility and career opportunities than a real estate economics-only degree. While a real estate economics degree is often highly specialized and focuses exclusively on the real estate industry, a Business Studies degree gives you a broad foundation in economic and entrepreneurial topics. This not only allows you to work in the real estate industry, but also gives you the opportunity to gain a foothold in other areas such as finance, marketing, business consulting or management.
The focus on real estate within a Business Studies degree allows you to acquire the necessary specialist knowledge to succeed in the real estate industry without limiting yourself exclusively to it. In addition, the combination of general business knowledge and specific real estate knowledge is often valued by employers, as it makes you more versatile and adaptable. Especially in economically uncertain times, this flexibility can be a decisive advantage, as you can reorient yourself more quickly to other industries or fields of activity. A Business Studies degree with a focus on real estate thus combines the best of both worlds: specialization and versatility.
MBS not only offers you a Business Studies degree, but also focuses on international business, so that after graduating you can pursue your chosen career in real estate anywhere in the world. The MBS Bachelor International Business offers many highlights such as semesters abroad, internships, business projects, plenty of networking opportunities and much more. At Munich Business School, you can expect small study groups, dedicated teachers and award-winning programs. But even more important is: with us, it's you who counts. Here, you are not an anonymous member, but the driving force that motivates us every morning. As a small, private university, we take time for your concerns and offer you a customized study experience. Our lecturers have extensive practical experience and teach you skills that really count. In addition to in-depth business knowledge, we also promote values and abilities that will bring you closer to sustainability and social responsibility as a future expert in the real estate sector and optimally prepare you for a wide range of professions.
Do you want to learn more about Business Studies?
For more information, please visit our page on the subject.
Business StudiesMBS offers students many advantages that are possible thanks to the structure of a private university of applied sciences. You will benefit from the following advantages during your studies at MBS:
Professors with business experience and specialists as guest lecturers
Small class sizes and support from the Mentoring Program, for example
in Finance and Management
Wide-ranging Business Studies and specialized knowledge in several key areas
Business Projects & many Networking Opportunities
real estate economics studies are usually clearly structured and aim to give students a comprehensive understanding of the real estate industry. Here is an overview of the course of study and the degree awarded:
After successful completion, graduates have a variety of career opportunities open to them, and they are qualified to work in a wide range of positions in the real estate industry.
Application
In order to qualify for admission to the business administration and bachelor studies at Munich Business School, you must first meet certain requirements regarding previous schooling and language skills. MBS offers several application rounds and recommends that you submit your application early as the number of places is limited.
There are three admission pathways to the Bachelor’s program at Munich Business School:
Munich Business School also offers a Pre-Bachelor program in International Business as the ideal preparation for bachelor’s-level study.
English Proficiency
Applicants for the Bilingual Track must proof their English language skills by passing one of the following language tests:
Note: If the test is also used to apply for a visa, please check the requirements of the respective embassy in advance.
Test results can only be accepted if achieved within the last two years. If you are unable to obtain your test results before handing in your MBS application, please advise us of your planned test date.
The English proficiency test can be waived by applicants having completed their schooling in English (i.e. US High School Diploma, IB Diploma).
English Proficiency
If you apply for the English Track, you must proof your English language skills by passing one of the following language tests:
Note: If the test is also used to apply for a visa, please check the requirements of the respective embassy in advance.
Test results can only be accepted if achieved within the last two years. If you are unable to obtain your test results before handing in your MBS application, please advise us of your planned test date.
The English proficiency test can be waived by applicants having completed their schooling in English (i.e. US High School Diploma, IB Diploma).
You would like to change university and continue your studies at Munich Business School? We offer Bachelor students the possibility of a transfer to the 2nd or 3rd semester. Previous knowledge in the fields of business administration and management, business law, accounting, mathematics and economics is required. Equivalent study and examination achievements, which have been acquired in an economics program in the basic studies, are counted towards the first two semesters of the bachelor's program at MBS up to a total of 60 ECTS.
Pre-Check of your academic achievements
For a non-binding pre-check of your academic achievements, please submit your curriculum vitae, an official grade confirmation as well as the official module descriptions of the courses you have already completed (with details on ECTS number per course, learning content, number of hours, type of final achievement and learning outcomes). The administrative fee for the Pre-Check is 60 euros. In case of a subsequent application to MBS, the application fee is waived.
Admission requirements
Application deadlines for transfer students
If you have any further questions, please do not hesitate to contact our student advisory service.
Application Documents
Online Application
Application Fee
Please transfer the application fee of 60 Euro to:
Munich Business School GmbH
Account 1020132229
Deutsche Kreditbank (Bank Code 120 300 00)
BIC: BYLADEM1001
IBAN: DE23120300001020132229
or via PayPal: paypal@munich-business-school.de
Application Rounds
Upon receipt of the application fee, the Admission Office checks your documents and invites you to a personal interview. You will receive your feedback within three days. Since the number of study places is limited, we recommend an early application. Your application is possible up to one year in advance. You will then submit your school leaving certificate and proof of English language skills by the start of your studies at the latest.
Scholarships
MBS offers partial scholarships to committed prospective students. In order to apply for one of the limited scholarships, please submit a personal statement with your application for a study place. In this statement you convincingly justify your interest in the scholarship program. You can find further information at Scholarships and Financing.
MBS offers application rounds on a monthly basis. You pick one round for your application.
The next application deadlines for a program start in 2025:
Round November: application deadline 15.11. with personal interview in Nov/Dec
Round December: Application deadline 15.12. with personal interview in Dec/Jan
Round January: Application deadline 15.01. with personal interview in Jan/Feb
Round February: Application deadline 15.02. with personal interview in Feb/March – Early Bird Deadline Discount!
Round March: Application deadline 15.03. with personal interview in March/April
The personal interview (approx. 45 minutes) consists of three parts:
You will receive the results of the interview within one week. If you are accepted, the Admission Office will send you your personal study contract. The place of study is then reserved for three weeks. To secure your place of study, you return your signed contract to MBS by e-mail or mail and make a deposit.
Upon acceptance of the study place, you will be required to pay an enrollment fee of 690 Euro (for international students: 1,490 Euro) and a deposit of 1,990 Euro. The latter is offset against the payment installment of your semester fee.
If you are a Non-EU national, you are required to apply for a student visa in order to start your studies in Germany. To obtain a visa invitation letter from Munich Business School, please take the following steps:
1. Hand in your signed study contract and a copy of your passport details page.
2. Transfer the one-time enrollment fee and the deposit of 1,990 Euro. The deposit will be deducted from the first semester tuition installment.
Munich Business School offers attractive scholarships. These are 10 - 50% for the 1st and 2nd Bachelor semester. The application for one of the scholarships is made together with the application for a study place. Further information can be found under "Scholarships and financing".
The program is also aimed at pre-bachelor students.
This table provides an overview of possible occupations, tasks and employers in the real estate sector.
| Occupation | Job description | Typical employers |
|---|---|---|
| Real estate manager | Management and optimization of real estate portfolios, management of tenancies | Real estate companies, housing associations |
| Real estate agent | Brokering of properties for sale and rent, advice, viewings | Real estate agencies, self-employment |
| Project developer | Conception and implementation of construction projects, collaboration with architects and investors | Project development companies, construction companies |
| Real estate valuer | Valuation of real estate, preparation of expert opinions | Valuation offices, banks, insurance companies |
| Real estate investment manager | Analysis and planning of real estate investments, risk management | Investment companies, banks, funds |
| Facility manager | Operation and maintenance of buildings, technical planning | Facility management companies, corporations |
| Construction project manager | Management and monitoring of construction projects, cost and quality control | Construction companies, real estate companies |
| Real estate consultant | Consulting on real estate decisions, market analyses | Consulting firms, business consultants |
| Asset manager | Management and value enhancement of real estate portfolios | Real estate companies, banks |
| Urban planner | Development and planning of urban utilization concepts | Local governments, planning offices |
| Sustainability manager | Sustainable construction and environmental management | Real estate companies, public institutions |
| PropTech specialist | Development of smart building solutions, integration of new technologies | PropTech companies, real estate groups |
| Real estate analyst | Conducting market analyses to support investments | Investment companies, consulting firms |
