Study property management and become a real estate expert.
Master in Real Estate
Master of Science (MSc)Double degree possible
Complete your Master's degree in one of the most important and sustainably booming industries. An excellent education and a strong personality are the keys to success in this dynamic environment. This is exactly what we are building on at EBS.
The Financial Times (FT) is one of the world’s leading business newspapers and publishes highly regarded annual rankings of business schools and MBA programmes. The FT assesses business schools against strict criteria such as graduates’ career success, salary trends, international outlook and research performance. For employers, the FT rankings are a reliable indicator of first-class education, a strong global focus and high practical relevance.
EBS Universität of Business and Law is regularly featured in the FT rankings and is thus among the best business schools worldwide. In the current European Business School Ranking 2025, EBS ranks 59th in Europe, placing it among the top 5 best business schools in Germany. This ranking underscores the excellent quality and international reputation of EBS.
AACSB Accreditation
EBS Universität belongs to the exclusive group of around six per cent of all business schools worldwide that are permitted to bear the prestigious AACSB (Association to Advance Collegiate Schools of Business) accreditation. Founded in the USA in 1916, the AACSB is the world’s most prestigious accreditation body for higher education in business.
The accreditation confirms that the EBS Bachelor’s and Master’s programmes in Business Administration meet the highest international standards in teaching, research and strategic orientation. During a rigorous, multi-year review process, the qualifications of our teaching staff, the achievement of defined learning objectives and the quality of our research, amongst other factors, were comprehensively evaluated. As the accreditation is reviewed on a regular basis, we ensure that we consistently meet our commitment to continuous development and excellence.
German Science and Humanities Council Accreditation
The German Science Council is Germany’s leading advisory body on science policy. It advises the Federal Government and the state governments on matters relating to the substantive and structural development of the higher education system and evaluates the performance of universities and research institutions.
EBS Universität is institutionally accredited by the German Science Council. This accreditation confirms that EBS meets the high quality standards required of a German university in terms of teaching, research and organisation. As part of the comprehensive evaluation process, the university’s academic profile, research output, staff structure and strategic development are examined, amongst other things.
4
semester
|
2
semester
120
ECTS
|
60
ECTS
7,950 €
/ semester
|
11,925 €
/ semester
Full-time
English
RICS accredited
optional stay abroad
Start of lectures fall
20.08.2026
Hamburg
Online Info Sessions
Take this opportunity to ask your questions about the course, the application and career prospects.
Planning, financing, building, selling, letting, managing, developing new business models: The real estate industry is not only multi-faceted, but also one of the most important markets of the future in which you can make a big difference. In this dynamic and complex environment, people with strong personalities in particular have the chance to make a difference
Your advantages
Your gateway to the real estate industry - studying in Hamburg with real-world relevance This degree programme is run in close cooperation with the Real Estate and Leadership (REaL) Foundation and offers you a unique combination of academic and practical experience. Hamburg, as the central hub of the real estate industry and home to the REaL Foundation, is the ideal location for your academic and professional development. By working closely with the REaL Foundation and its renowned corporate partners, you will benefit from valuable support, practical insights and exclusive networking opportunities. You will establish contacts with leading companies and personalities in the sector - an ideal basis for your career in the real estate industry.
The path to success: challenge-based learning. The didactic teaching concept of EBS Universität, challenge-based learning, gives you an insight into your professional future during your studies. Learn from and with the big names in the real estate industry. In the current year, we are cooperating with companies such as Advant Beiten, agn, Apoprojekt, Art-Invest, Bluerock Group, Drees&Sommer, Swiss Life Asset Management, Union Investment Real Estate, Voelkel Company and various other market leaders. You will also get to know these companies directly during our excursions. In Real Business Challenges, which we organise together with partner companies, you will present your results to managing directors, board members and executives. This will give you an insight into and understanding of the challenges of corporate management.
Knowledge has no value without values. EBS is firmly convinced that, in future, leaders can only make a difference in the world if they also have a strong personality. We teach our students courage, responsibility, consideration, and risk-taking with our coaching and the leadership hub. Thus promoting a "can-do" attitude.
The three EBS building blocks for your career.
Leading yourself: an accompanying, individual coaching programme supports your personal development.
Leading teams: work in international teams and learn to communicate, discuss and convince in a winning way.
Leading organisations: grow through practical projects in the areas of Real Estate, Technology and Built Environment.
Make a difference in one of the most exciting sectors of the economy with the Master's in Real Estate. The programme opens up a wide range of career prospects for you - from property investment to management and strategic development. You will acquire in-depth specialist knowledge and practical skills to operate successfully in a dynamic market.
Strong partners
In addition to the Real Estate and Leadership (REaL) Foundation and its members, numerous other corporate partners, leading associations in the real estate industry (including ZIA Zentraler Immobilienausschuss, RICS Royal Institution of Chartered Surveyors, gif Gesellschaft für immobilienwirtschaftliche Forschung) and alumni associations (EBS Alumni, ImmoEBS) support and accompany students at EBS University. These include many industry-leading companies from the real estate sector and related industries, as well as renowned DAX-listed corporations, international commercial law firms, medium-sized companies and family businesses. With the help of our partners, we combine theory and practice in an ideal balance. Our Career Services Centre helps you to make valuable contacts in the business world during your studies and to prepare yourself optimally for the transition to professional life.
The Master in Real Estate provides you with countless opportunities to realise your professional goals. Whether as a property investor, financier, analyst or project developer - this degree programme qualifies you for demanding specialist and management positions. Become a fund manager, corporate real estate manager, property manager in the public sector or real estate investment banker. Take advantage of the opportunity to become a manager in the housing industry, in infrastructure management or in the combination of real estate and renewable energies. The Master in Real Estate provides you with the specialist knowledge and strategic skills to take your career to the next level.
About the foundation
The Real Estate and Leadership (REaL) Foundation
The non-profit Real Estate and Leadership Foundation e.V. was founded in February 2015. The association has set itself the task of promoting science, research and education on interdisciplinary, cross-interface and leadership topics in the real estate industry. It is also committed to strengthening Hamburg as a centre of science and business.
Success stories
Made by EBS
Our claim to impart knowledge and values has proved successful.
This is underpinned by a strong network of over 12,000 alumni, many of whom work in top business positions. With more than 4,000 members, our Alumni Association is always there to support you during and after your studies. As you can see – we are a very big family.
What convinced me about the Master in Real Estate at EBS is the strong connection to practical issues through numerous case studies. The degree programme helped me to develop both professionally and personally through interdisciplinary workshops and coaching. This comprehensive education prepares me optimally for the challenges in the real estate industry.
Study programme structure
Master in Real Estate (M.Sc.)
The degree programme comprises four semesters (120 ECTS) and perfectly combines theory and practice: in close cooperation with our corporate partners, you will work on a real-life projects and
and be supervised and coached by our faculty members.
Start at the Rheingau
We welcome all new students to the Rheingau Campus in Oestrich-Winkel at the start of their studies. As part of the onboarding programme, you will not only have the opportunity to get to know your fellow students and the university, but will also take part in the renowned EBS Real Estate Congress. This will give you first insights into the real estate industry and enable you to make valuable contacts in this network at an early stage.
Your path and goal in Hamburg
From mid-September, you will move to the vibrant real estate hub of Hamburg. There you will not only find an attractive environment, but also a study programme tailored to the real estate sector with countless contacts in the real estate industry - above all the Real Estate and Leadership (REaL) Foundation with its numerous renowned members.
In the first two semesters, you will gain in-depth, industry-specific knowledge. At the same time, you will deepen your expertise and gain valuable practical experience through an individualised practical project.
You can organise the last two semesters entirely according to your needs: Either through a stay abroad at one of our partner universities (Semester Abroad Track) or through an internship in a company (Practice Track). The last part of the programme is dedicated to your final thesis. With an additional semester abroad in the Semester Abroad Track, you also have the option of obtaining a double degree.
With the Accelerated Track, you have the opportunity to shorten the duration of your studies and complete your Master's degree programme in two semesters (60 ECTS). The prerequisite for this is a Bachelor's degree with 240 ECTS credits or, in the case of a degree with fewer than 240 ECTS credits, corresponding professional experience. Further information can be found in the admission requirements.
During your studies, you will acquire key competences for your future job in Professional Development Workshops and will be prepared for a career as a leadership personality through individual coaching from the EBS Coaching & Leadership Hub. In addition, you will have the opportunity to further develop your international language skills through foreign language courses at the EBS Language Centre.
This is what you learn in the Master in Real Estate
The Master in Real Estate programme is divided into different stages. At the beginning of the programme, we prepare you for your future research work and support you in your further development of your leadership skills. Building on this, you will deal with the essential issues of your field, consolidate newly acquired knowledge and grow as a leader.
A list of partner universities, detailed study plans and module descriptions can be found in the info material, which you can request here:
Impact of ExegenousTrends and Real Estate Economics
Impact of Exongenous Trends in Real Estate
Urban & Real Estate Economics
Real Estate Valuation
Real Estate Finance
Methods of Real Estate Finance
Real Estate Cash Flow Modeling
Real Estate Legal & Fiscal Aspects
Real Estate Investment and Real Estate Project & Urban Development
Real Estate Investment
Real Estate Project & Urban Development
Applied Project & Urban Development
Real Estate Management
Real Estate Asset Management
Real Estate Risk & Portfolio Management
Real Estate Investment Vehicles
Field project:
Cross-Disciplinary Project – leading change for a sustainable built environment towards ESG (in cooperation with the REaL Foundation)
Sustainable Buildings & Technologies
Applied Real Estate Project: Resilient Cities and Urban Transformation
Professional and future skills:
Python
Statistics
Data Analysis for Real Estate
Key Skills for a Modern Financial Professional
Tracks
Every person is different. Numerous ways to do a Master's degree at EBS.
We have designed the Master's programmes to be flexible. Depending on your level of knowledge, skills and goals, you can take the path in your studies that best suits you and your life circumstances.
Semester Abroad Track (120 ECTS)
With the Semester Abroad Track, you gain experience abroad and prepare yourself for an international career. The track comprises two semesters at EBS Universität, one semester abroad at one of our partner universities and concludes with your thesis.
Practice Track (120 ECTS)
The Practice Track offers you the opportunity to focus on the practical application of your skills at an early stage and to gain experience in companies. The track consists of the first two semesters at EBS, an internship semester and a semester for your thesis. The long and intensive internships, which you can also do at member companies of the REaL Foundation, are realised either in the third or fourth semester. The remaining semester is reserved for your thesis, which can also be assigned by a company.
Accelerated Track (60 ECTS)
Accelerate your career. The Accelerated Track gives you the opportunity to shorten the duration of your studies to two semesters. The prerequisite for this track is a Bachelor's degree with 240 ECTS or corresponding professional experience for a degree with less than 240 ECTS. Further information can be found in the admission requirements.
Dual Degree In addition to your degree at EBS Universität, you can obtain a second international degree (MBA or Master). Extend your studies abroad at one of our partner universities by one semester in the Semester Abroad Track and receive a double degree. This will give you more specialised knowledge in a broader international context and increase your international market value.
Practice-oriented
Challenged-based learning
Experience top-class expert lectures and a strong practical orientation. In addition to interactive lectures, there is an emphasis on case studies and real-world projects, so the degree programme reflects cutting-edge management practices. In addition, close collaboration with industry leaders and practitioners is encouraged to equip students with the skills, competencies and mindsets required in today's global economy.
International programme
Many possibilities. One language. At EBS Universität you will study at an international level and in an international environment. That's why all lectures and events are, of course, held in English.
It could hardly be more international.
International professors and lecturers, study groups with high diversity or an integrated stay abroad are without question the best preparation for a career in international top management.
EBS Universität is one of the leading business universities in Germany, but we are not satisfied with that: our professors aim to make the Faculty of Business Administration, as a management-focused business school, a leader in Europe. In the Master's programme, professors with many years of practical experience as well as internationally renowned researchers teach. They all work together to shape leaders for the future.
Our faculty is supported by members of the adjunct faculty. You will be taught by experts who hold top positions in business or are active in leading companies.
In the midst of the lively backdrop provided by the stronghold of the German real estate industry, students experience and shape their studies. The Master in Real Estate is characterised by exceptional practical relevance, interdisciplinary diversity, a holistic approach and a state-of-the-art environment. The programme was created in close cooperation with the Real Estate and Leadership (REaL) Foundation and receives valuable support from them and their corporate partners. You will gain valuable insights into the real estate industry and make contacts with leading companies.
AACSB (Association to Advance Collegiate Schools of Business) is a global not-for-profit organisation that brings together educators, students and businesses to achieve a common goal: to educate the next generation of leaders. Since 1916, AACSB has stood for the highest standards of quality, providing quality assurance, business education information, and learning and development services worldwide.
In 2022, EBS Universität was reaccredited by Wissenschaftsrat, the German Council of Science and Humanities, for the next 5 years.
This academic seal of quality is awarded to non-governmental universities whose performance in teaching and research meets recognised scientific standards. The period of accreditation by the Wissenschaftsrat is for a maximum of ten years, depending on the outcome of the review process. The Wissenschaftsrat is one of Germany’s most critical science policy advisory bodies and advises the federal and state governments on developing universities, science and research. In the multi-stage accreditation procedure, which includes the submission of a self-report by the university and a visit to the university by an external group of experts over several days, the university is evaluated in eight key areas. These include its academic quality in research and teaching, its structures and equipment, and its quality assurance and development.
All study programmes at EBS Universität are accredited by the Accreditation Council and are reviewed regularly in cooperation with the accreditation agency FIBAA.
The superordinate Foundation Akkreditierungsrat is an association of the German federal states aiming for quality assurance in learning and teaching at German universities. Since 2018, following the conversion of the German accreditation process, the Akkreditierungsrat has focused on the decision of accreditations. These are based on reviews of the accreditation agencies on programme accreditations as well as system accreditations. Thus, the Akkreditierungsrat plays an essential role in the final evaluation of the respective study programme. The Accreditation Council only accepts expert reports from accreditation agencies that have the EQAR registration of the Accreditation Council. The degree programmes at EBS Universität have been assessed by FIBAA, which is notably recognised in business and economics.
The Royal Institution of Chartered Surveyors (RICS) accredited the Master in Real Estate (MSc)programme of EBS Business School since 2013.
The accreditation process is extensive and takes place every five years. In addition, annual monitoring takes place. The real estate industry recognises RICS as an international professional association of real estate professionals. RICS is committed to international standardisation. Its main tasks are to regulate and promote the profession, maintain high standards of education and professional practice, protect clients and consumers by adhering to a strict code of conduct and provide advice, analysis and guidance. Around 400 programmes are accredited by RICS worldwide.
Real estate economics is about more than square meters, numbers and tables. It's about people. In addition to mathematical talent, you must above all have empathy and enjoy working and negotiating with people and inspire others.
Characteristics and skills
If you have the following qualities and skills, nothing stands in your way of successfully completing your Master studies:
Soft skills including communication, teamwork or negotiation skills
Sense of responsibility and the courage to find creative solutions to problems
Very good knowledge of English, as our courses are held in English.
Selection process
Admission requirements and application
The master’s programme at EBS Universität trains future managers who shape and drive the economy. This process begins by finding the right people for our Master in Real Estate study programme.
Admission requirements
EBS Universität follows a holistic selection process. We assess the above minimum scores in the context of your overall profile, professional experience and background. There are no application deadlines at EBS. However, to ensure a smooth start to your studies, we recommend that you submit your application before 30 June (start fall term). For international applicants who require a visa, we recommend that you submit your application before 30 May (start fall term).
Start your application by submitting the following documents on our online application platform:
A bachelor’s degree and transcripts in any field of study with at least 180 ECTS or an equivalent recognised qualification from an equally recognised institution. An application can also be submitted with a current transcript of records if the bachelor's degree is not yet available. Accelerated Track (60 ECTS): A bachelor’s degree and transcripts with at least 240 ECTS or an equivalent recognised qualification. Bachelor's degrees with 180 or 210 ECTS can be considered for the Accelerated Track if they have at least 12 or 6 months of professional experience (full-time) after the Bachelor's degree programme. This work experience must be related to the content of the intended degree programme and must have been completed by the start of the degree programme at the latest.
English language certificate (TOEFL® iBT/MyBest TOEFL: minimum 95; IELTS: 7; Duolingo English Test: minimum 125 or an equivalent certificate). Upon proof, if you have completed an undergraduate degree in English, are a native speaker, or have worked for at least 2 years in an English-speaking country, no certificate is required.
A valid GMAT (either classic or new Focus edition - scores will be based on GMAC's percentile tables), GRE, Business Admissions Test (BAT), EBSgrad Test, Common Admissions Test (CAT).
Special admission route: SPJIMR If you study on the Global Management Programme of SPJIMR in Mumbai, India, you can complete the EBS Master of Science programme in 12 months. You will spend the first six months on the SPJIMR programme before joining the Master's programme at EBS.
Individual selection interview
In the interview, we evaluate your motivation and social skills. The decision factors are performance and learning motivation, as well as communication skills and willingness to act in a socially responsible manner, in addition to your own initiative and drive.
After the selection interview, you can expect to hear back from us with a final decision within one week.
We focus on the quality of teaching. EBS Universität stands for one of the best management education in real estate in the entire German-speaking world. You need to plan the following investment for the Master in Real Estate Management at EBS:
Tuition fees in total (including all fees): Semester Abroad or Practice Track (for 4 semesters): 33,780 euros Accelerated Track (for 2 semesters): 27,830 euros
Early enrolment bonus: Reduction of tuition fees by a total of 3,000 euros* for enrolment by 28 February for the fall term of the same year
*In order to receive the bonus, enrolment (signing of the study contract by the applicant) must be completed by the specified deadlines. As our selection process takes time, we recommend submitting the application at least one month before the respective deadline.
Student financing We try to enable all excellent applicants to study - regardless of their economic situation. Your performance, motivation and personality are decisive here. There is a wide range of options for financing a study programme. In many cases, it makes sense to combine various options. Take a look at the possibilities of scholarships and student funding. Here, you can find out which option is best for you.
Choosing a course of study is a big decision. It has a strong influence on the whole life that follows. Often studying involves leaving home and is the first step into an independent life of one’s own.
