Why Pursue a Master's Degree in Real Estate Finance
Become a real estate finance leader by earning an MS in Finance with a concentration in Real Estate Finance and Development from UTSA’s top-ranked Alvarez College of Business. The real estate development, home building, and construction industry employs more than 131,000 individuals in San Antonio and over 784,000 individuals statewide. This industry has an economic impact of $19.4 billion each year, second only to the health care industry as an economic generator.
Admission & Application Requirements
Applications are submitted through the UTSA Graduate Application. Please upload all required documents (listed below) on your UTSA Graduate Application. It is the applicant’s responsibility to ensure completion and submission of the application, a nonrefundable application fee, and all required supporting documents are on file with UTSA by the appropriate application deadline.
| Real Estate Finance and Development (MS) | ||
|---|---|---|
| Required Degree | Bachelor's Degree from an accredited college or university in the United States or have proof of equivalent training at a foreign institution. | |
| Minimum GPA | 3.0 (on a 4.0 scale) Departments may consider GPA of last 60 semester credit hours | |
| Coursework | 18 credit hours in an area related to this graduate degree and at least 12 hours must be at the upper-division level. | |
| Transcripts* | Required from all institutions attended; international transcripts must be recorded/translated to English | |
| Credential Evaluation | Required if you have earned university-level credit from foreign institutions. Submit an evaluation of your transcripts from Educational Credential Evaluators (ECE) directly from the graduate admission application platform | |
| GRE/GMAT | 23-24 App: Scores are currently waived for this program through the 2023-24 academic year. 24-25 App: Not required |
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| English Language Proficiency | 23-24 App: Scores are currently waived for this program through the 2023-24 academic year. 24-25 App: 550 TOEFL Paper / 79 TOEFL Internet / 6.5 IELTS / Duolingo 100 |
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| Purpose Statement | Required | |
| Resume | Required | |
| Letters of Recommendation | 1 academic or professional reference(s) demonstrating your attributes for successful completion of this program (you will request these through the Graduate Admissions Application; let your recommenders know of your deadline to ensure submissions are on time)(optional 3 letters of recommendation can be submitted) | |
| *Unofficial transcripts will be taken into consideration for admissions; however, if admitted into the program, you must submit official transcripts to the University. | ||
Application Deadlines
Applicants are encouraged to have their admission file completed as early as possible. All applications, required documents and letters of recommendation, if applicable, must be submitted by 5:00 PM U.S. Central Time on the day of the deadline. Deadlines are subject to change.
| Real Estate Finance and Development (MS) | |||
|---|---|---|---|
| Completed applications will be reviewed for admission on a rolling basis. Decisions generally will be made and sent to applicants within 4 to 6 weeks of receiving the application. | |||
| Academic Year 2023-24 | Priority | International | Domestic |
| Fall 2023 | April 1 | June 1 | July 15 |
| Spring 2024 | October 1 | November 1 | December 1 |
| Summer 2024 | Not Available | Not Available | Not Available |
| Academic Year 2024-25 | Priority | International | Domestic |
| Fall 2024 | Not Available | June 1 | August 1 |
| Spring 2025 | Not Available | November 1 | December 1 |
| Summer 2025 | Not Available | Not Available | Not Available |
Career Options
UTSA prepares you for future careers that are in demand. The possible careers below is data pulled by a third-party tool called Emsi, which pulls information from sources like the U.S. Bureau of Labor Statistics, U.S. Census Bureau, online job postings, other government databases and more to give you regional and national career outlook related to this academic program.
- Embrey
- Reata Real Estate Services
- Security Service Federal Credit Union
- The Bank of San Antonio
- USAA Real Estate Company
- Real Estate Principles
- Real Estate Finance and Investment
- Real Estate Construction
- Real Estate Development
- Investment Theory and Problems
- Modeling of Financial Decision Making
- Entrepreneurial Financial Management
- Derivatives Markets and Instruments
