MSc in Technology - Real Estate Economics

Postgraduate Entry Requirements

Application Fee: €100

Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 60% or above in their bachelor's degree.

English Language Proficiency:

• English language test waiver is applicable if the Bachelor's, Master's, Licentiate, or Doctoral degree is in English language.

Standardized Test Requirements:

• Graduate Record Examinations (GRE): Overall score of 315 or higher is required.
• Graduate Management Admission Test (GMAT): Overall score of 600 or higher is required.

Aalto University in Finland offers a variety of scholarships to support international students who wish to study at one of the leading universities in Europe. These scholarships are designed to alleviate the financial burden of tuition fees and help students focus on their studies while living in Finland. 

Aalto University Tuition Fee Scholarships: Aalto University offers scholarships specifically for international students who are required to pay tuition fees. The scholarships cover either partial or full tuition fees for master’s degree students from non-EU/EEA countries. The scholarship amounts range from 50% to 100% of the tuition fee, depending on the applicant’s academic achievements. Scholarships are awarded based on the strength of the application and the applicant’s academic background.

Aalto University Scholarship for Living Expenses: While the primary focus of the scholarship program is to assist with tuition fees, some additional financial support is available for students to help cover living expenses. These scholarships are typically awarded to students who already receive a tuition fee scholarship but need further assistance to cover their living costs.

Graduates of the MSc in Technology - Real Estate Economics program from Aalto University are well-prepared to embark on diverse and rewarding careers within the real estate, urban planning, and property development sectors. The program equips students with both technical knowledge and business acumen, making them competitive candidates for leadership roles in various real estate-related industries. 

Real Estate Analyst/Investment Analyst: Graduates can pursue roles as analysts in real estate investment firms or financial institutions. These professionals assess the performance of real estate portfolios, conduct market research, and provide recommendations for investments. They are responsible for evaluating the financial viability of properties, analyzing market trends, and ensuring optimal returns on investments.

Property Development Manager: Property development managers oversee the planning, design, and construction of real estate projects. They are responsible for managing projects from conception to completion, ensuring that developments are executed on time, within budget, and in line with regulatory requirements. This role often involves coordinating with architects, engineers, contractors, and local authorities.

Real Estate Consultant: As consultants, graduates can work for real estate firms, consulting companies, or independently to advise clients on real estate investments, market strategies, or property valuations. They analyze property markets, conduct feasibility studies, and offer insights on trends and market risks to assist clients in making informed decisions.

Urban Planner/Urban Development Manager: Graduates can work in urban planning or city development, focusing on creating sustainable and well-designed urban spaces. Urban planners assess the development needs of cities and work on projects related to zoning, infrastructure, housing, and land use. They ensure that urban growth is well-managed and aligned with social, economic, and environmental goals.

Real Estate Finance Manager: This role involves managing the financial aspects of real estate investments, including the structuring of deals, financial modeling, and risk management. Finance managers in real estate firms or investment companies are responsible for securing funding, analyzing financial statements, and guiding strategic investment decisions.

Asset Manager (Real Estate): Asset managers are responsible for managing and optimizing the performance of real estate assets in a portfolio. They focus on maximizing property values, increasing income, and ensuring that properties are maintained and meet financial goals. This role is key in both commercial and residential real estate sectors.

Property Valuation Specialist: Graduates can pursue careers in property valuation, where they assess the value of real estate properties for various purposes such as investment, sale, insurance, or taxation. Property valuation specialists use market data and appraisal methods to provide accurate assessments of property worth.

Real Estate Project Manager: Project managers in real estate oversee the entire lifecycle of development projects, from initial planning to final execution. They ensure that projects meet deadlines, comply with regulations, and stay within budget. This role requires strong leadership and organizational skills to manage multiple stakeholders and processes.

Sustainability Consultant (Real Estate): With a growing focus on sustainable development, graduates can work as sustainability consultants, advising on the environmental impact of real estate developments. They help clients implement sustainable practices in construction, energy efficiency, and waste reduction while ensuring compliance with green building standards.

Facilities Manager: Facilities managers oversee the day-to-day operations and maintenance of commercial or residential properties. They are responsible for ensuring that buildings are safe, functional, and well-maintained. This role often involves managing building services, coordinating repairs, and working with tenants to ensure satisfaction.

Real Estate Legal Advisor: Graduates with an interest in law can become legal advisors specializing in real estate. They provide legal guidance on property transactions, lease agreements, zoning regulations, and land use. They ensure that real estate dealings comply with relevant laws and regulations.

Entrepreneur in Real Estate: Some graduates may choose to become entrepreneurs, starting their own real estate businesses. They may engage in property development, investment, brokerage, or management. This entrepreneurial route offers flexibility and the opportunity to build a portfolio of properties or real estate services.

Real Estate Risk Manager: Real estate risk managers assess and mitigate risks associated with real estate investments and developments. They focus on identifying potential risks in property transactions, legal issues, market volatility, and environmental factors, and work to develop strategies that minimize those risks.

Public Sector Roles (Housing and Urban Development): Graduates may also pursue careers in the public sector, working with government agencies on housing policies, urban development, or zoning and land-use planning. These professionals help shape policies that influence urban growth, housing affordability, and sustainable development.

Market Research Analyst (Real Estate): Market research analysts in real estate collect and interpret data on property trends, market demands, and investment opportunities. They provide insights that help companies make strategic decisions regarding property investments, market entry, and pricing strategies.