The Real Estate Center at DePaul University and the Urban Land Institute – Chicago District Council (ULI Chicago) have announced plans for their second class of a campus-based cohort program that will allow up to 30 qualified students to earn a Master of Science in Real Estate (MSRE) from DePaul University’s Kellstadt Graduate School of Business.
The inaugural class of the DePaul-ULI Cohort Program was launched in Winter 2017. Currently 25 students are completing the last semester of coursework and will graduate with MSRE degrees in June. DePaul and ULI Chicago will host an information session on Tuesday, April 17 to further outline the cohort program to prospective students. The informational open house will be held on the Loop Campus in the DePaul Center at 1 East Jackson Boulevard.
“Chicago has a vibrant, well-connected real estate community that is committed to advancing the knowledge and professionalism of those in it,” said Charles Wurtzebach, Chair, Department of Real Estate and Douglas & Cynthia Crocker Endowed Director, the Real Estate Center, DePaul University. “We are thrilled to partner with the Chicago Chapter of ULI to demonstrate our commitment and to provide opportunity for educational and professional advancement.”
The DePaul-ULI Chicago Cohort Program is only available to ULI members. Students in the program will complete the 12 required MSRE courses in Real Estate Finance and Investment Analysis over the course of 18 months. Classes will be taught two evenings per week at DePaul’s downtown campus. The program will begin in Fall 2018 and conclude with graduation at the end of the Winter Quarter of 2020.
“We are excited to again be able to offer ULI members with this great opportunity,” said Cindy McSherry, Executive Director, ULI Chicago. “In addition to an advanced degree from an outstanding institution, participants will make invaluable, life-long personal and professional connections.”
Through the DePaul-ULI program, students will receive a 25 percent discount towards the cost of the degree’s total tuition. Based on today’s costs, the discount decreases tuition by roughly $12,000, reducing the estimated total tuition for the degree to approximately $36,000.
Chris Neumann, who will earn his MSRE in June as part of the program’s first graduating class, was attracted to the program because of the ability to learn more broadly what the commercial real estate landscape involved outside of his day-to-day work activities. He also expected the program would open a new professional network that would help him advance.
“One year after starting the program I was offered and accepted a position (at Origin Investments) that I would not have been qualified for, without the DePaul-ULI program,” Neumann said. “I expect my DePaul MSRE degree will pay great dividends throughout my career.”
For more information about the DePaul-ULI Cohort MSRE Program and/or the information session on April 17, including details about the admission process and various requirements, contact Olinda Rios at orios@depaul.edu, or visit go.depaul.edu/ulichicago to register for the information session.
