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Brochure Executive Master in Real Estate Online


  • Homburg Academy

    Master Degrees

    Executive Master Degrees

    Postgraduate Diploma

    Postgraduate Certificate

    International University-Level Real Estate Education

    W W W . H O M B U R G A C A D E M Y . O R G

    Executive Master in Real EstateOnline

  • Welcome

    Welcome to Homburg Academy, a new approach to real estate education, with a long

    history of real estate experience.

    The Homburg Group is a multi-billion dollar real estate conglomerate operating

    in the Baltic States, Canada, Germany, the Netherlands, Switzerland, and the USA.

    Founded more than 40 years ago, the Group is involved in a wide range of real estate

    activities, including asset management, new construction and development, real estate

    investment, property management, real estate finance, and insurance.

    We also have a passionate interest in building intellectual capital. Since

    2008, the Homburg Global Education Project has been researching and

    developing cutting-edge university-level programs, and building two new

    academic institutions to deliver specialized real estate education around

    the world. Our two institutions are the Homburg Academy Switzerland,

    which grants degrees and other qualifications, and the Homburg

    Institute Canada, which concentrates on professional development and


    The goal of Homburg Academy is to combine our experience and knowledge with

    that of the top academics and industry experts from around the world. And instead of

    a bricks and mortar university, our structured programs reach students in innovative

    ways by means of a cutting-edge online learning environment, summer schools, and

    study semesters at partner university campuses.

    Our world-class real estate programs, which lead to Masters degrees and Diploma

    and Certificate qualifications, combine academic excellence, immediate professional

    application and an unparalleled student experience.

    Read on and discover the many advantages of joining the Homburg Academy. We

    welcome diversity in student backgrounds and experience, and we encourage

    applicants from across the globe to join our programs.

    Dr Richard Homburg

    Founder and Executive Chairman, Homburg Group

    Chair of Council, Homburg Academy


  • Our Mission StatementHomburg Academys mission is to advance the science and knowledge of real estate by fostering innovation, original discovery, and new insights into all aspects of the built environment and to promote the dissemination of knowledge through professional development training and education courses.

    Statement of Corporate GovernanceThe Homburg Group adheres to the highest standards of corporate governance. Its companies are subject to the oversight of eight different regulatory bodies. The CANMARK Real Estate Investment Trust (formerly the Homburg Real Estate Investment Trust) is listed on the TSX Toronto Stock Exchange.

    Members of the Homburg Academy Council

    Chancellor: Mr Michael H. Arnold, CA

    Chair of Council: Dr Richard Homburg, Dr.hon.causa

    President and Vice-Chancellor: Dr Jarrod Wiener, PhD

    Chair of Academic Advisory Board: Dr Tom Geurts, PhD

    Faculty Representative, Chair of Student Committee: Dr Georgia Warren-Myers, PhD

    External Members: Dr Jamie Shea, PhD. Deputy Assistant

    Secretary-General, North Atlantic Treaty

    Organization (NATO)

    Mr Philip Homburg, PhD Candidate,

    Philosophy, University of Sussex, UK

    Drs J.R. Stolle

    Academic Advisory Board

    Dr Tom G. Geurts, Georg Washington University, USA

    Dr Mihnea Constantinescu, Swiss Finance Institute, University of Zurich, Switzerland

    Dr Franz Fuerst, Henley Business School, University of Reading, England

    Dr Ingo H. Holz, Berlin Institute of Technology, Germany

    Dr Piotr Lorens, Gdansk University of Technology, Poland

    Dr Leo Uittenbogaard, Amsterdam School of Real Estate, Amsterdam, the Netherlands

    University Administration

    President, Vice Chancellor: Dr Jarrod Wiener, PhD

    Learning Manager: Mr Brenton Ives

    Recruitment Officer: Ms Jillian Bellamy

    Communications & Marketing Ms Amanda Morrison


  • Meet, debate, consult. Online

  • The Homburg Executive Master in Real Estate (Online)The Executive Master in Real Estate track is intended for those who have over three years of

    professional experience in a cognate field. A selective group of students is chosen for the Executive


    We intend for graduates of this program to be recognized as a member of a specialized group of

    graduates: Graduates of Homburg Academy are individuals who can visualize what the world can be and

    not merely what it is.

    This program is tailored to harness and enhance a managers existing skills through an integrative

    approach to learning. This is done through structured delivery in the classroom, group work, case studies,

    and independent research and presentations.

    Program Structure

    The Executive Master in Real Estate (MRE) is made up of 15 courses (20 credits each) for a total of 300

    credits consisting of 3,000 notional hours of study (See the Academic Regulations for complete degree


    The program structure is the same as the Master in Real Estate program and is made up of two stages,

    the Coursework Stage (Stage 1) and the Research Stage (Stage 2). On satisfactory completion of the

    coursework, students progress to the final independent project.

    Stage 1 includes Core Courses and a range of Elective Courses. Core Courses are compulsory as they

    impart essential learning outcomes. Elective Courses are available among a number of alternatives for

    students to choose as part of his or her program of study which enables a student to customize his or

    her learning experience.

    The Executive Master in Real Estate is distinguished by the removal of the requirement that students

    take the research training-oriented courses (which include RES814 Research in Real Estate Business,

    and DATA824 Data Analysis and Critical Thinking), however they may elect to do so. In place of these,

    students take an additional two Elective courses of their choice.

    In Stage 2, Executive students write a Final Project in place of the Dissertation. This Final Project is more

    practically-oriented, and provides an opportunity for each student to undertake a sustained piece of

    academic work independently on a subject of their choice, under Faculty supervision, and with prior

    training in research design.


  • Core Courses(Compulsory)

    The Development Process

    Urban Economics

    Ethics and Responsibility for the Real Estate Firm

    Introduction to Urban Development and Planning

    Capstone Case Study

    Elective Courses (students choose 9)

    Corporate Finance

    Real Estate Finance

    Real Estate Accounting

    Risk and Portfolio Management

    Capital Markets

    Appraisal of Real Estate

    Project Management

    International Real Estate

    Challenges and Strategy in Real Estate

    Strategic Negotiation

    The Financial Crisis and International Financial Regulation

    Intercultural Management

    Strategic Management

    Research in Real Estate Business

    Data Analysis and Critical Thinking

    Learning Objectives

    1. Provide students with both a research-active and professionally-oriented teaching environment;

    2. Examine how a Real Estate project/development emerges, how it is conceived, financed, managed,

    and used, in the context of prevailing business/economic, and social/demographic structures;

    3. Ensure that students acquire a solid understanding of academic research methods as well as

    qualitative and quantitative methodologies in general in the social sciences;

    4. Ensure that students acquire a solid, interdisciplinary knowledge of theories and methods relevant

    to sound decision-making in the planning and execution of Real Estate project, encompassing, inter

    alia, economic, management, sociological, and cultural approaches;


    The following provides an overview of the courses required for the Executive Master in Real Estate program:

  • 5. Ensure that students acquire the necessary skills for advanced project assessment, execution, and

    management, including well-developed strategic planning and exit strategies;

    6. Develop good understanding of the ethical issues in the Real Estate industry, including issues of

    sustainability, and environmental responsibility;

    7. Develop students general research skills and personal skills (transferable skills).

    Please visit homburgacademy.org/applications to find out more about applying to Homburg


    Is this program for you?This program is for the experienced Real Estate manager who has been working for three years or

    more. This program is intended to help those individuals with career advancement by providing a high-

    level training in Real Estate, allowing them to concentrate on the courses and subjects that they are most

    interested in. This program is for you if you have a vision of the future as an industry leader, and the

    passion and determination to achieve it.


  • AdmissionsApplicants should possess a good class of degree (equivalent to a 3.0 GPA from a North American

    university) from a recognized uni