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DESCRIPTIONBrochure Executive Master in Real Estate Online
Executive Master Degrees
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 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
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
President, Vice Chancellor: Dr Jarrod Wiener, PhD
Learning Manager: Mr Brenton Ives
Recruitment Officer: Ms Jillian Bellamy
Communications & Marketing Ms Amanda Morrison
OUR MISSION STATEMENT
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.
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.
The Development Process
Ethics and Responsibility for the Real Estate Firm
Introduction to Urban Development and Planning
Capstone Case Study
Elective Courses (students choose 9)
Real Estate Finance
Real Estate Accounting
Risk and Portfolio Management
Appraisal of Real Estate
International Real Estate
Challenges and Strategy in Real Estate
The Financial Crisis and International Financial Regulation
Research in Real Estate Business
Data Analysis and Critical Thinking
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