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Start on Your Path to an MS in Real Estate Degree

Selecting the right master’s program for your career goals is important. Our admissions team is here to help you at every stage, from inquiry to application. Schedule a phone or video consultation with one of our team members to get started.

Application Deadlines for Fall 2022

Application DueDecision date
November 1, 2021December 17, 2021
February 1, 2022March 18, 2022
March 15, 2022April 22, 2022
May 1, 2022June 3, 2022
Candidates can apply between deadlines and will be reviewed on a rolling basis. We encourage candidates to apply when they feel their application is ready and most competitive.

Applicants who apply and have all supporting materials in by the application due date will learn of their admission decision no later than the decision date. If admitted, your enrollment deposit date will be communicated to you in your online admission letter.

Tuition & Fees

The following costs apply to the 2020-2021 academic year.

ItemResident TuitionNonresident Tuition[1]
Tuition$23,364.64$47,013.12
Segregated fees$1,468.60$1,468.60
Estimated yearly total$24,833.24$48,481.72
  1. Minnesota residents may be eligible for reduced tuition as participants in the Minnesota–Wisconsin reciprocity agreement. See details below.
  2. Tuition rates vary from year to year, and are determined by the University of Wisconsin System Board of Regents, based on budgets approved by the Wisconsin governor and legislature. Tuition is reviewed and set annually in August. For more information about tuition rates, please visit the Bursar’s Office website.
  3. Segregated fees are charges, in addition to tuition, assessed to all students for student services, activities, programs, and facilities that support the mission of University of Wisconsin System institutions, including UW–Madison. The segregated fee rate is updated each summer.

Tuition is listed at the full-time rate for two academic semesters. Summer tuition and any additional credits taken are subject to a per credit cost.

What You’ll Need for Your Application

  1. Why have you selected the MS in Real Estate? What actions have you taken to better understand your intended career focus?
  2. What are your career goals immediately following the completion of your degree? What is your alternative plan should these career goals not materialize?

The recommended essay is an opportunity to share more of your unique experiences with the admissions committee. It is not required to submit your application. Please choose one of the prompts below and answer the question in full. You may discuss personal and/or professional examples; however, if you speak about a personal experience, please discuss the impact that experience has had on your professional life. Also, please indicate your chosen prompt at the top of your essay.

  1. Describe a time when you stepped out of your comfort zone. What did you learn about yourself, and how have you since used that knowledge?
  2. Describe a time you demonstrated leadership in a way that made an enduring impact. What did you learn about your strengths and weaknesses as a leader from that experience?
  3. Describe a time when your opinion evolved through conversations with others. How did you use this experience to adjust the way you work as a part of a team environment?
  4. Describe a significant obstacle you have encountered and its impact. What did you learn about your ability to persevere and face challenges head-on?

Please use this optional essay to communicate additional information about yourself that is not otherwise represented in the application, and that you feel would benefit the admissions committee.

Include past work experience, educational accomplishments, demonstrations of leadership, and ways in which you have grown professionally.

Your past academic history—particularly your four-year degree—indicates to us your ability to succeed in a structured study program.

  • Bachelor’s degree from an approved (accredited) institution is required.
  • International applicants are required to have the equivalent of a four-year U.S. bachelor’s degree. View the minimum degree equivalents for different countries. You may wish to have your transcript evaluated by World Education Services (WES) to ensure you meet the four-year U.S. bachelor’s degree equivalency requirements.
  • You can submit your application with unofficial transcripts; certified copies of transcripts from your degree institution are required once admitted.
  • The preferred method to receive official transcripts is electronically from your institution. Please access the Parchment website or contact your institution to make this request and send to masters@wsb.wisc.edu. Official transcripts may also be mailed directly from your undergraduate institution in a sealed and stamped envelope sent to:

    Wisconsin MBA Program Office
    Wisconsin School of Business
    2450 Grainger Hall
    975 University Avenue
    Madison, WI 53706

    Official transcripts must be received on or before August 1.

One recommendation is required. Select a recommender who is qualified to evaluate your potential for leadership or management. They should have a strong understanding of your abilities and be familiar with solid examples of your accomplishments. This individual may be a current or past supervisor or manager, a client or vendor, or a representative of a volunteer or community organization in which you are involved.

To demonstrate knowledge of business fundamentals, one or more of the following are expected to be completed by the start of the program:

  • Undergraduate degree with business major or minor
  • Completion of a Certificate in Business or Summer Certificate in Business Fundamentals at UW-Madison
  • Completion of a Certificate in Entrepreneurship at UW–Madison
  • College coursework in microeconomics, accounting, and finance or completion of General Business 310 at UW–Madison. These courses are offered every semester and during the summer. Applicants can complete these courses online as a special student.
  • At least one year of full-time work experience in one of the business disciplines mentioned above
  • Completion of REAL EST 306-The Real Estate Process, or equivalent
  • Bachelor’s degree completed or expected completion by start of the program
  • $75 for both domestic and international students (additional $6 processing fee for international students).
  • Fee waivers available if active duty in the U.S. military within three years of applying.
  • Payment by credit or debit card through the online application system; receipt required to learn of admissions decision.
  • Admission interviews are by invitation only.
  • Conducted in person, by phone, or by video
  • For our 2022 starting class, applicants with an undergraduate degree from an accredited U.S. institution can opt out of submitting a GMAT/GRE score by submitting a waiver. Your application will not be disadvantaged if you do not submit a test score. Learn more about this temporary test-optional policy in the section below.
  • A TOEFL, IELTS, or PTE score is required for international students. The requirement can be waived if you have an undergraduate or master’s degree that was taught in English.

Temporary GMAT/GRE Test-Optional Policy

In an effort to offer continued flexibility in the admission process during the pandemic, the Wisconsin School of Business has announced a temporary test-optional policy for students applying to the MS in Real Estate for 2022 admission. Applicants with an undergraduate degree from an accredited U.S. institution have the choice to submit or not submit a GMAT/GRE score with their application.

Applicants will not be disadvantaged in the admission review process if they choose not to include a GMAT/GRE test score as part of their application. However, applicants may choose to submit a test score as a way to strengthen their application, and test scores will be considered in the admission decision process. For applicants with a lower GPA in their undergraduate degree or with limited work experience with a quantitative area, a test score can provide the admissions team with additional information about their academic success and potential to succeed in the program.

International Applicants

Test of English as a Foreign Language (TOEFL)

Applicants whose native language is not English or whose undergraduate instruction was in a language other than English must achieve a score of 100 or higher on the Internet-based TOEFL (or score of 600 on the paper-based TOEFL) within two years of the intended start. Waivers are available if your four-year undergraduate degree and/or master’s degree was in English or you worked in an English-only speaking company for at least 2 years. Please direct the Educational Testing Service to forward your test results to the University of Wisconsin–Madison (institution code: 1846)

Results of the IELTS (International English Language Testing System) or PTE (Pearson Test of English, institution code: NML-ZH-25) will also be accepted. An IELTS minimum score of 7.5 or higher, or a PTE internet-based score of 73 or higher or paper-based score of 80 or higher, is required.

An international applicant whose four-year undergraduate degree and/or master’s degree (minimum of eight semesters total) instruction was in English, or who will complete such a degree prior to matriculation at the University of Wisconsin–Madison, may request a waiver. To request a waiver for the language test requirement, please select the TOEFL test type in your online application and select “Request a Waiver” for the English proficiency test. We will confirm that English is the language used at the academic institution where your degree was conferred.

Financial statement

Evidence of adequate financial resources for the anticipated duration of the program is required by the federal government for visa documentation upon admission to the Wisconsin MBA Program. It is not required as part of the Wisconsin MBA application.

Additional Details About Costs

Wisconsin residency for tuition purposes is determined prior to enrollment and remains constant for the duration of your program. More information is available from the Office of the Registrar. Answers to commonly asked questions can also be found on their website.

Minnesota residents may be eligible for reduced tuition as participants in the Minnesota–Wisconsin reciprocity agreement. Students certified under this agreement, although classified as nonresidents, are assessed the comparable instructional fees in effect at the University of Minnesota, Twin Cities campus, plus the segregated fees assessed to all UW–Madison graduate students. Contact the Minnesota Higher Education Services Office for a reciprocity application.

As a UW–Madison student, you have the option to purchase health insurance through University Health Services. There are plans for student only, student plus one, and student plus family. International students are required to purchase health insurance through the Student Health Insurance Plan (SHIP). Other options for U.S. citizens and permanent residents would be through the health insurance marketplace. Costs vary based on plan.

The UW Student Job Center lists part-time, limited-term employment (LTE), graduate assistant, and summer job openings at the University of Wisconsin–Madison and in the private and public sectors. Many students work part time to help offset the costs of their graduate education.

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