PREREQUISITES

Proper sequencing of classes ensures better learning outcomes. Classes should be followed according to their respective tiers. In addition, the following prerequisites will be strictly enforced and will not be overridden by an academic advisor; there are NO EXCEPTIONS.

Please note that Schack instructors do not manage course enrollment, requisites, or the registration process; thus, they cannot override or waive any policies.

MSRE 

• REAL1-GC 1035: Real Estate Economics & Finance is the prerequisite for  REAL1-GC 1055 - RE Valuation & Feasibility Analysis, REAL1-GC 1070: Corporate Finance, REAL1-GC 1095- Real Estate Capital Markets, REAL1-GC 2300 - Real Estate Fin. & Investment Analysis and all Finance Related courses (including but not limited to REAL1-GC 2720 - PropTech and the Digital Evolution of Real Estate; REAL1-GC 3025 - Private Equity Real Estate; REAL1-GC 3035 Commercial Mortgage Backed Securities) 

• REAL1-GC 1055 - RE Valuation & Feasibility Analysis is a prerequisite for REAL1-GC 2300 - Real Estate Fin. & Investment Analysis and all Applied Projects (Capstones).

• REAL1-GC 1070- Real Estate Corp. Finance, REAL1-GC 2300: Finance and Investment Analysis, and REAL1-GC 1095- Real Estate Capital Markets are prerequisites for REAL1-GC 2399- Applied Project in Finance (Capstone).

• REAL1-GC 1095 - Real Estate Capital Markets and REAL1-GC 2610 - Real Estate Asset Management are prerequisites for REAL1-GC 2699 - Applied Project in Strategic Asset Management (Capstone)

• REAL1-GC 2300: Finance and Investment Analysis is the prerequisite for REAL1-GC 3145: Acquisition Procedures and Analysis with ARGUS Software™.  You must also have experience with a financial calculator and financial modeling in Excel and, within one year of enrollment in the class, completion of either:

1. a 2-day Argus Software TM Workshop (offered by Schack)

2. a class offered by Argus Software TM

3. exposure to the software on a professional level 

• REAL1-GC 1035: Real Estate Economics & Finance, REAL1-GC 1070- Real Estate Corp. Finance, REAL1-GC 1055 - RE Valuation & Feasibility Analysis, and REAL1-GC 1095 - Real Estate Capital Markets are prerequisites to REAL1-GC 3085 - CRE Modeling & Underwriting: Residential.

• REAL1-GC 1035: Real Estate Economics & Finance, REAL1-GC 1055 - RE Valuation & Feasibility Analysis, and REAL1-GC 1095 - Real Estate Capital Markets are prerequisites to REAL1-GC 3095 - Debt Finance: Non-Bank & Alternative Lenders 

• All core curriculum courses are prerequisites for the Applied Project (Capstone) course.

• NOTE: CAPSTONE CLASSES FROM OTHER CONCENTRATIONS ARE NOT ELECTIVES; you are not able to register for these classes. 

THERE ARE NO EXCEPTIONS MADE TO PREREQUISITES!

MSRED 

•  DEVE1-GC.1060 - The Development Process is a prerequisite for all Development related courses.

Concentration Course Sequencing:

• All core curriculum courses are prerequisites for the Applied Project (Capstone) course.

• Business of Development Concentration:

  • DEVE1-GC 2010: Entrepreneurship and Innovation in RE Development are prerequisites for DEVE1-GC 2015: Applied Project in Business of Development (Capstone) *NO EXCEPTIONS WILL BE MADE*

• Sustainable Development Concentration:

  • DEVE1-GC 2105: Green Building and Sustainable Development AND DEVE1-GC 2110: Infrastructure and Urban Development are prerequisites for DEVE1-GC 2115: Applied Project in Sustainable Development (Capstone) *NO EXCEPTIONS WILL BE MADE*

• Global Real Estate

  • DEVE1-GC 2200: Comparative International Real Estate AND DEVE1-GC 2205: Advanced RE Development and Investment Practices are prerequisites for DEVE1-GC 2215: Applied Project in Global Real Estate (Capstone) *NO EXCEPTIONS WILL BE MADE*

  • Impact Development

    • • DEVE1-GC 2005- Public - Private Development AND DEVE1-GC 3015- Affordable Housing Finance and Development are prerequisites for DEVE1-GC 2315: Applied Project in Impact Development (Capstone) *NO EXCEPTIONS WILL BE MADE*

THERE ARE NO EXCEPTIONS MADE TO PREREQUISITES

CURRICULUMS

M.S. in Real Estate

M.S. in Real Estate Development

Accelerated Track Curriculum

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To help set students up for success, the accelerated track is test-in only. If you wish to enroll in more than four courses a semester, you must take an Entry Skills Assessment. The intent of this assessment is to gauge your preparation for core course content and the likelihood of successfully managing the rigors of the additional course load.

The assessment covers topics generally fundamental to proficiency in real estate finance and investment, such as discounted cash flow analysis, mortgage math, and basic lease analysis; additionally, it covers a handful of GMAT-style quantitative skills questions focused in areas such as algebra and statistics. It is a combination of multiple-choice and calculation questions.

Further information is located in the email titled Accelerate Your NYU Schack Degree sent by The Office of Admissions. NOTE: That you will not receive this email unless you are MATRICULATED.