Hey everyone!
I am new to these forums but I wanted to hear from some people that have or are currently going through Georgetown's online masters in real estate program. I saw some previous posts about this but nothing within the last couple of years. I am heavily considering doing the program even though it is online because I am in a market right now where I don't have access to any high quality programs.
A little background on me: I have been working at a real estate investment firm for over a year as an acquisitions analyst. It is a smaller firm so my job duties include the acquisitions underwriting, managing the whole due diligence and closing per iod, and then after the hold period I work on the dispositions as well. It has given me a broad range of real estate exposure but I think that there is a lot more to learn out there and I think this program could be the learning opportunity I need.
A few questions: What kind of jobs are people coming out of this program with? What kind of salary, etc.?
I would appreciate any feedback. Thanks
I don't think this is a necessary route if you're already an acquisitions analyst. Of course, this depends on what you're planning to do and if there's a perceived barrier on entry there.
Interested as well, but I would think it would only be really beneficial if you were already in DC area. The real value of any graduate program especially in this industry, is the contacts you meet. Hard to do online and especially if you're out of area.
I agree, don't see any benefit in the online classes. You can't even connect to your classmates as closely either.
I am in my second semester of the Georgetown Masters program online. There are indeed some drawbacks, but you have much more peer and professor interaction than some of the comments suggest. There is a ton of group work, and I have made some good contacts via classes I have taken. Additionally, there are various events you can attend on campus for more integration. PM me if you want more details. Happy to give you the good, bad and ugly without being biased.
Hi Abeer, I'm currently considering the online program. Would you still recommend it?
Honestly, it really depends on your situation. I actually changed to the campus program for reasons I am happy to discuss over PM. Need to know more about your situation in order to best advise.
Happy to help and discuss further.
Hi AbeerwithCarlSagan, I am planning on doing a Masters in Real Estate - Online. I am based in the UK and considering Manchester University and Georgetown University. My business is based in the UK, and I am just intersted in learning more about real estate. Was the online content usefull enough? Was the content very biased towards washington area? Would you recomend the program and did the Georgtown name brand - help?
As a current Georgetown student, I can't emphasize enough what a bad idea the online program is. It's a complete and utter money grab by the university. I took the online version of real estate law (you can take a few classes online) and it was complete and utter horseshit. Yeah, there was a lot of "peer interaction" via a message board, but absolutely no way to network whatsoever. And when I say "network" I don't mean attending an event and meeting someone for 5 minutes or gaining a new LinkedIn contact. I mean spending a semester in class with them getting to know them. As a result of that, I met my current business partner and she and I have recently launched a real estate business together. As a result of the physical classes, I've been able to date some really hot girls, too.
Also, the Georgetown program is heavily focused on the D.C. market and D.C. professionals. The primary benefit of the program is its name in the community within the D.C. area. You won't get that benefit if you're taking the program and living in Nowhere, Colorado.
Again, I can't emphasize this enough--the online program has a sole purpose: to generate revenue for the program. That's it.
I agree and disagree. The program definitely has its flaws. I agree that if you have the option to take the program in DC, or any other program at a top tier university such as Georgetown in person, do it over any online program. I.e., you live in NYC, do NYU or Columbia over Georgetown online. Hands down.
That being said, the program has its benefits. Full disclosure, I am planning to move to DC to finish the program, BC not all of the electives are offered online. My recommendation is to try and hybrid it. As VTech, mentioned, you can take classes in either format. There are 5 classes the comprise the core. My plan is to take those remotely and move for my concentration.
Also, IF you choose to do the program online, you have to try to be in DC as much as possible. The more involved you are the more you get out of the program. Unless you're simply checking a box, you need more than can be offered simply being online.
In my case, I live in Florida and have some familial situations which need my attention. My options came down to the one year MSRE program at UF, Georgetown, or putting grad school off for a year or so. The Gtown online program proved a best of both worlds option for a bit.
Not sure what you disagree with. The online program was clearly implemented to generate revenue. If real estate law was any indication, the program is total garbage.
Any reason you did not consider MRED+U at the University of Miami? Seems super flexible in terms of part-time studies.
Honestly, my thoughts were that the Georgetown brand was more recognizable in the event I wanted to work anywhere else but Florida. Additionally, the University of Miami is expensive. Far more expensive than the program at UF. If I was going to pay private school tuition, I wanted the best name combined with the best flexibility I could be afforded.
Also, I have met a couple people who already work in the field and are simply using the Masters program at Georgetown to buttress their CVs. Met a couple guys from big name REITs or PE shops, living in NYC or Boston in the online program. For them, the decision to attend Georgetown remotely came down to flexibility.
In the end, make sure you do your diligence and choose the best program for your specific needs and goals. Please let me know if you have any further questions.
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