MRE & Finance

  • View

  • Download

Embed Size (px)


Brochure for MRE & Finance

Text of MRE & Finance

  • 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

    Master in Real Estate and Finance

    Online & Campus

  • 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 Master in Real Estate and Finance (Online & Campus Study)This program enables students to study for the Master in Real Estate online, and to gain a concentration

    by following specialist courses in Finance which are part of the MBA program at the Sobey School of

    Business at Saint Marys University in Halifax, Canada.

    Alternatively, students may opt to follow the Master in Real Estate and Finance entirely online, without

    spending a semester on campus in Halifax.

    Program Structure

    The Master in Real Estate and Finance with a Semester at Saint Marys University, Halifax, Canada 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 requirements). Students are able to complete this

    program in 2 years by studying full- time. There is also considerable flexibility in the part-time program

    to accommodate working schedules, enabling students to accumulate credits over a period of up to six


    This program is made up of two stages. Students complete coursework in Stage 1, and on satisfactory

    completion of this, students progress to the final research component, the Dissertation, in Stage 2.

    Part 1 courses include the Core Courses from the Master in Real Estate, Specialist Courses in Finance at

    Saint Marys, and a choice of Elective Courses from among a number of alternatives. Part 1 is capped by

    a Capstone Course in which students work in groups to complete a project, usually the critical analysis

    of a case study. This is intended to enable students to bring together the skills learned in the courses.

    As an academically rigorous program that also prepares students for independent academic study, the

    courses in Research in Real Estate Business and Data Analysis and Critical Thinking are included to

    ensure students are trained in the quantitative and qualitative methodologies of social science, as they are

    required to undertake an academic-oriented Dissertation in Stage 2 of their program.

    In sum, the Master in Real Estate and Finance provides an advanced training, by way of coursework,

    in the general methods, scope, theories, and findings in the disciplines relevant to Real Estate. It also

    includes integrative capstone courses, case studies, group work, and an independent research component

    - the Dissertation. This enables students to utilize the knowledge and skills they have acquired when

    dealing with specific issues and problems.


  • Core Courses(compulsory)

    The Development ProcessUrban Economics

    Ethics and Responsibility for the Real Estate Firm

    Introduction to Urban Development and Planning

    Capstone Case Study

    Research in Real Estate Business

    Data Analysis and Critical Thinking

    Specialist Courses Online or On Campus


    Online from Homburg Academy:

    Corporate FinanceReal Estate Finance

    Real Estate AccountingRisk and Portfolio

    ManagementCapital Markets

    Appraisal of Real Estate

    Or from Saint Marys University Halifax:

    Financial ManagementCorporate Finance

    Fixed Income SecuritiesFinancial Institutions

    International Business Finance and Banking

    Mergers and RestructuringCapital Markets

    Investments and Portfolio Management

    Elective Courses(students choose 1)

    Project Management

    International Real Estate

    Challenges and Strategy in Real Estate

    Strategic Negotiation

    The Financial Crisis and International

    Financial Regulation

    Intercultural Management

    Strategic Management

    Stage I must be completed satisfactorily in order to progress to Stage II the independent project.

    Learning Objectives

    The program aims to:

    1. Understand the importance, role, and impact of property and the built environment in a wide range of

    facets of modern society;

    2. Understand the development process as one that is inherently interdisciplinary, and draws, in different

    stages of the development process, or cycle in the business strategy, on different kinds of knowledge

    and understanding and different forms of subject specific skills;

    3. Be able to discriminate between forms of knowledge and be able to draw selectively and appropriately

    on them;

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

    sustainability, and environmental responsibility;


    The following provides an overview of the courses required for the Master in Real Estate and Finance:

  • University PartnerSaint Marys University, established in 1802, is a respected Canadian public university located in the South

    end of Halifax. The University is well known for its programs in Commerce, and the programs of the

    Sobey School of Business are accredited by the AACSB (Association to Advance Collegiate Schools of


    Is this program for you?This program is for you if you have a passion for finance, especially Real Estate finance. If you are willing

    to think creatively, and are brave enough to imagine creative solu