Schulich MREI Viewbook 2024

MREI 2024 MASTERS PROGRAMS

MASTER OF REAL ESTATE & INFRASTRUCTURE

Experience the Schulich Advantage

Prepare to Lead with a Schulich Masters Degree “Schulich’s Real Estate and Infrastructure program – one of only a few of its kind in the world – has a strong industry focus, a highly engaged alumni network, and close ties to many of the leading executives in Canada’s sizable and dynamic real estate and infrastructure industries. We’re developing the future leaders the industry needs to create more sustainable and livable cities.”

Detlev Zwick, PhD Dean, Tanna H. Schulich Chair in Digital Marketing Strategy, Schulich School of Business

On the cover: Gurpreet Dubb (MREI ’20), Property and Agreements Coordinator, Toronto Transit Commission (TTC) View our alumni stories: schulich.yorku.ca/alumni-stories B

What’s Inside A Vibrant Graduate Journey Awaits

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Discover the Master of Real Estate & Infrastructure

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Your Student Experience

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Sustainability

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Admission Requirements

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Feel at Home in Toronto

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International Student Support

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Financial Aid for Your Future Investment

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Tuition Fees and Cost of Living

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Career Development and Your Success

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Schulich Global Alumni Network

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Canada’s Top-Ranked Business School Schulich MBA: #1 IN CANADA (Economist) TOP 30 MOST POPULAR MBA Program in the World (mba.com) TOP 30 IN THE WORLD for careers in Finance, Technology & Information Management (QS TopMBA) Kellogg-Schulich Executive MBA: #1 IN CANADA (Financial Times, QS TopMBA) #9 IN THE WORLD (QS TopMBA Joint Programmes) Ranking results as of August 2023

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A Vibrant Graduate Journey Awaits The Master of Real Estate and Infrastructure (MREI) class represents a mix of students from different industries and academic backgrounds.

Schulich offers a wealth of possibilities for personal growth, development, and engagement with students from diverse perspectives and countries through a variety of experiential learning opportunities.

We have one of the most global student bodies of any business school in North America, with international students from over 45 countries.

55%

of students are international

45+

countries represented in our student body

65%

of Schulich’s award winning faculty is international

35+

languages spoken

by Schulich faculty

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Real Estate Case Competition Challenge yourself at the renowned Developers’ Den case competition, where you’ll collaborate with fellow students to develop imaginative solutions to industry challenges.

A Unique Co-Curricular Experience The Schulich MREI provides an intensive program of co-curricular activities including networking events, industry conferences, specialized training, field trips, and study tours to places such as New York City or Montreal.

“ The MREI program provided me with the knowledge base to grow as a thought leader in the development and financing of real estate and infrastructure with an emphasis on sustainability, affordability, and innovation.”

Joan Nyangena (MREI ’20) Associate Director, Real Estate Finance, Scotiabank View our alumni stories: schulich.yorku.ca/alumni-stories

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Discover the Master of Real Estate & Infrastructure The 12-month Master of Real Estate & Infrastructure (MREI) equips students with a distinctive combination of subject matter expertise, integrative skills, and industry knowledge necessary for successful careers in both real estate and infrastructure. Building upon a decades long track record of excellence, rigorous theory informs innovative practice in this groundbreaking program.

Build Your Career on a Solid Foundation FULL-TIME MREI

Start Date

Program Length

September

12 months

What to Expect The MREI’s comprehensive curriculum integrates business leadership with an industry focus on development, investment, and financing. Gain the skills and knowledge to analyze and execute successful real estate and infrastructure projects.

The cornerstone of the program is a three-term leadership development course in which you’ll sharpen your critical thinking skills and develop your own leadership style.

In your final term, you’ll have the opportunity to complete an optional internship and to apply theory during the ‘Creative Workshop’ course, where you will tackle a timely project that embodies real-world social, environmental, and business challenges. Benefit from valuable feedback as you present your solutions to a panel of business leaders from within the industry.

“The MREI is a unique, rigorous, multi-disciplinary academic program combined with unparalleled exposure to outside learning and networking opportunities. Supported by an active alumni association and deep industry connections, the MREI’s culture of engagement, critical thinking and stakeholder appreciation produces graduates who are ready to make positive contributions in today’s dynamic environment.”

Professor Jim Clayton BA (Queen’s); MA (UWO); PhD (UBC) Director, Master of Real Estate & Infrastructure Program; Professor and Timothy R. Price Chair View Professor Clayton’s video: schulich.yorku.ca/jim-clayton

Opportunities Post-Degree As an MREI graduate, you will find success in a variety of roles within real estate and infrastructure development, investment, finance, and asset management. Graduates of the MREI program may be eligible for up to one term of advanced standing in the Schulich MBA.

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TO APPLY ONLINE scan the QR code or visit: schulich.yorku.ca/mrei

Typical MREI Program Course Structure* FULL-TIME STUDY

GRADUATION: OCTOBER 2025

TERM 1 FALL 2024

TERM 2 WINTER 2025

TERM 3 SUMMER 2025

Course work:

Course work:

Course work:

• Leadership in Real Estate & Infrastructure I

• Leadership in Real Estate & Infrastructure II

• Leadership in Real Estate & Infrastructure III

• Real Estate Finance and Investment

• Changing Landscapes: Historical Perspectives on the Industry

• Creative Workshop

• Development Prototypes • Economic Forces Shaping the City • Infrastructure Delivery Models

• Sustainable Cities: Urbanization, Infrastructure and Strategic Choices • Structuring Development Transactions • The Life of a Project • Infrastructure Investment and Finance

Elective:** • Commercial Real Estate Asset and Portfolio Management OR: • Case Studies in Infrastructure Students will be encouraged to pursue internships during Term 3 to enhance experience-based learning. **The sequencing of electives is subject to change.

Co-Curricular Learning:

Co-Curricular Learning:

Co-Curricular Learning:

• Perspectives Lecture

• Real estate and infrastructure study tour to New York City or Montreal

• Creative Workshop Pitch Challenge

• Join Venture Negotiation Simulations with leading lawyers • Developers’ Den Case Competition

• Commercial Real Estate Portfolio Management Challenge • Infrastructure Innovation Competition CAREER READY!

CAREER TRACK

Introduction to the Centre for Career Design

Just-in-time recruiting Professional Development Mentorship Program (PDMP) Company visits, guest speakers, and site tours

*Course requirements and sequencing are subject to change.

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Your Student Experience Goes Beyond the Classroom Build lasting memories as part of an engaged and impressive student community.

Develop your strengths, skills, and interests with a host of exciting co-curricular activities.

Collaborate with a supportive student network to examine and share diverse perspectives on complex academic topics during study sessions, case studies, and peer learning.

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You Belong Right Here Schulich’s student community fosters platforms for empowerment, representation, and belonging.

Cultivate leadership skills and celebrate a rich culture of diversity by participating in student-led clubs such as the Black Graduate Business Network and Women in Leadership.

The Graduate Business Council (GBC)

Choose from over

30

student-run clubs and organizations

The GBC is the representative student body for all Schulich graduate degree programs. The GBC hosts events, social nights, and serves as the student body’s voice to the faculty and administration.

From investment banking to sustainable enterprise to the Business Technology Association, you’ll have the ability to pursue a broad spectrum of interests alongside your studies.

Schulich Real Estate and Infrastructure Club (SREIC) Open to all Schulich students interested in learning about and pursuing a career in real estate and infrastructure, SREIC acts as the main liaison between students, the industry, and its professionals.

Engage with Our Community @SchulichSchool | #SchulichMREI

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Where Learning Innovation Meets Sustainability Schulich is a thought leader in the field of Business and Sustainability and one of the world’s top-ranked business schools in sustainability research. We pride ourselves on graduating future business leaders that are committed to creating a better, more sustainable world.

Our Rob and Cheryl McEwen Graduate Study & Research Building has received the LEED (Leadership in Environmental Energy and Design) Gold Certification.

27m natural ventilation system driven by the glass solar chimney

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Energy use intensity

71.4% BELOW THE MODEL NATIONAL ENERGY CODE OF CANADA

840 m2 of planted green roof area

RAINWATER RECAPTURE SYSTEM for green roof irrigation

7,500 m2 of new landscaped open area, including 3,800 m2 of planted green space

Steps to the Subway The subway station is steps away from Schulich’s Seymour Schulich Building. Access the city’s vibrant downtown core in just 30 minutes.

Students benefit from a variety of unique spaces to study, work and connect, including a graduate lounge, private group meeting rooms equipped with flatscreen monitors, research labs, and a media production centre.

The Brookfield Centre in Real Estate & Infrastructure Build an invaluable network with industry leaders and foster new meaningful connections in your field through the optional Professional Development Mentorship Program offered by the Brookfield Centre in Real Estate & Infrastructure.

FOR A VIRTUAL TOUR of the McEwen building, scan the QR code or visit: schulich.yorku.ca/mcewen-virtual-tour

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Admission Requirements: Find Your Fit Pursuing a business degree is an important decision. At Schulich, we support you with an application experience that leaves you feeling informed and empowered. We take a holistic approach during the application review process and all components of the application are thoroughly evaluated.

CONNECT WITH OUR ADMISSIONS TEAM Scan the QR code or visit: schulich.yorku.ca/grad-inquiry

Vanessa Leon (MREI ’21) Development Manager, Dash Developments View Vanessa’s story: schulich.yorku.ca/vanessa-leon 10

ADMISSION REQUIREMENTS – MASTER OF REAL ESTATE & INFRASTRUCTURE (MREI) GPA

An undergraduate degree from a recognized post-secondary institution with a minimum B average in the last two full years (or equivalent) of academic work.

PREREQUISITE COURSES IN HONOURS PROGRAM

N/A

GMAT/GRE

Not required1

ESSAYS

2 video, 2 written, 1 timed written

REFERENCE LETTERS

2 reference letters

WORK EXPERIENCE

2 years strongly preferred2

LANGUAGE PROFICIENCY

Applicants must produce proof of language proficiency in one of the three ways listed: • Proof of study completed in English: 2 years minimum (must be full-time study) at an accredited university in a country (or institution) where English is the official language of instruction.

• IELTS (academic test): 7.0 (minimum 6.5 on each dimension). The IELTS online Academic Test is acceptable.

• TOEFL: 100 (minimum 23 on each dimension). The TOEFL iBT Special Home Edition test is acceptable.

ADMISSIONS DEADLINES

September 2024 Entry Round 1: October 11, 2023 Round 2*: January 17, 2024 Round 3: March 27, 2024 Round 4**: June 12, 2024 * International students are strongly encouraged to apply by Round 2 to allow for sufficient study permit processing time. ** Late applications may be accepted pending space availability.

Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) are not required upon submission of your application.

However, submission of these test scores: • Is optional should you wish to provide further evidence of academic potential.

• May be requested by the Admissions Committee if further evidence of academic performance is required.

2 For applicants holding a 3-year degree, one year of full-time, post-graduate work experience is required.

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OUR RECRUITMENT TEAM IS HERE FOR YOU! • Meet one-on-one for a coffee chat • Attend one of our open houses offered during the year – Experience Schulich Virtual Open House – Experience Schulich In-Person Open House • Visit us at one of the 100+ local and global events we join annually • Drop-in virtually for Q&A, student panels, and application tip info sessions

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Feel at Home in Toronto Study in one of the most diverse cities in the world and take advantage of all that Toronto has to offer.

Access the vibrant downtown core in just 30 minutes by subway.

Enjoy restaurants, theatres, and distinct neighbourhoods – there’s so much to explore in Toronto.

Most tech talent growth CRBE, 2022

3

rd

largest tech sector in North America New York Times, 2022

51%

of Toronto’s population was born outside of Canada

#1 city for career women Toronto ranking, Bloomberg, 2021

Over 180 languages and major dialects spoken in Toronto Safest city in Canada, 2nd safest city in the World Economist Intelligence Unit, 2021

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Our International Relations Team is Here to Support You Schulich provides in-house programs, services, and immigration support to help international students navigate the transition to Canada and plan for the future.

English Language Peer Support (ELPS) Need assistance with your written or verbal English language skills?

Our ELPS program provides free one-on-one online support for both writing assignments and verbal presentations. We will help you build confidence in your English language skills.

INTERNATIONAL BENEFITS

• Study permit and pre-arrival webinars • Mentorship program • English language peer support • New to Canada orientation • Immigration information sessions • 1:1 international student advising • Social events

Plan Your Life, Post-Degree in Canada For more information scan the QR code or visit: schulich.yorku.ca/internationalstudent-services

A Schulich masters degree gives you the option of launching a career internationally, or the opportunity to work in Canada after graduation.

Upon completing your degree, you can explore Canada’s advantageous immigration pathways available to assist you in building your ideal career.

Attend information sessions to learn more about relevant work permits and permanent residence options, or book individualized advising sessions with Schulich’s International Student Support Specialist.

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Financial Aid for Your Future Investment We welcome the opportunity to discuss ways to finance your education and the return on investment our programs offer.

Visit: schulich.yorku.ca/financial-aid.

LINE OF CREDIT FOR DOMESTIC STUDENTS*

Visit schulich.yorku.ca/financial-aid/loans for a list of partnered banks and preferred rates for domestic students in professional programs.

*Please contact the bank to get the maximum loan amount and to confirm the interest rate for your program of choice.

LOANS FOR INTERNATIONAL STUDENTS

To learn more about funding opportunities for international students, please visit: schulich.yorku.ca/financial-aid/loans.

Partnerships with:

MREI SCHOLARSHIPS

Gary Whitelaw Strength in Diversity Award Value: $25,000 | Available: 1 The Gary Whitelaw Strength in Diversity Award has been created to provide support to incoming Master of Real Estate and Infrastructure (MREI) students enrolled in the Schulich School of Business to aid their research and related scholarly and creative activities. To be eligible, students must identify as Black, Indigenous or female and have a minimum GPA of 6.0 or B+. They must also demonstrate financial need and submit a statement of interest demonstrating their leadership potential. Recipients of the award will also be short-listed for the opportunity to interview for a paid internship program following graduation through BGO’s Built to Lead Program, and also be provided with the opportunity for an optional mentorship with a senior team member from BGO.

Graywood Developments Master of Real Estate and Infrastructure Award Value: $7,500 | Available: 1

“ At the Schulich School of Business, student success is one of our top priorities. Understanding that pursuing a business degree is never easy, we are dedicated to supporting our students in their academic journey through a wide range of scholarships, awards, and bursaries that not only promote diversity and inclusivity, but also to help ensure that a lack of financial resources is never a barrier for current and future Schulich students.”

Doris Mak Assistant Director, Admissions & Financial Aid

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The Graywood Developments Master of Real Estate and Infrastructure Award is designed to benefit entering graduate students enrolled in the Master of Real Estate and Infrastructure (MREI) program.

To be eligible, students must have an incoming GPA of B+ and demonstrate financial need. Preference will be given to students who identify as Black, Indigenous or female.

For additional scholarship information please refer to the Schulich Awards publication at: schulich.yorku.ca/financialawards.

Tuition Fees and Cost of Living Figures are based on the currently approved fee framework. Fees listed below include tuition and supplementary fees. For full details on all current tuition, supplementary fees, and student health plans, visit the York Student Financial Services website: https://sfs.yorku.ca/fees. Fees are subject to change.

DOMESTIC STUDENTS

INTERNATIONAL STUDENTS

Canadian Citizen or Permanent Resident

Visa/Study Permit

TUITION PER TERM

$ 17,581*

$ 29,446*

ESTIMATED PROGRAM TOTAL**

$ 52,750

$ 88,350

All fees are in Canadian dollars (CAD)

MREI

* The full-time MREI requires three terms of study to complete. ** Estimated Program Total is calculated by multiplying current tuition fees by the average number of terms required to complete the program.

Estimates are rounded to the nearest $50 CAD. Subject to change. Tuition and fees reassessed annually.

LIVING EXPENSES IN TORONTO 1 (1 Term = 4 months) Books /Course Materials

$

750

Rent (on campus)

$

5,000

Food

$

1,500

Personal Expenses

$

3,000

Health Insurance: UHIP (international students only) 3 GSA 3

$ $

252 125

APPROXIMATE COST PER TERM

$ 10,627 4

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1 Figures are approximations and intended only as a budget guide for students studying full-time. Costs are listed in Canadian dollars.

2 On-campus housing varies in price from $1,096 – $1,979 per month depending on the location and options. For more information on housing on campus, please visit yorku.ca/housing. On-campus housing is available on a first come, first served basis. Students who are seeking accommodation on campus are strongly encouraged to submit their housing application after accepting their offer of admission.

3 Participation in the University Health Insurance Plan (UHIP) is mandatory only for international students (and their accompanying dependents) while in Toronto. The Graduate Student Association (GSA) plan is for dental and drug coverage (mandatory for all domestic and international full-time students unless student has alternative coverage). Cost shown is based on the plan rate for a single individual. Coverage for spouse/ family is available. Health/Drug/Dental plan rates are subject to change.

4 Subtract UHIP cost for domestic student total.

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Career Development to Shape Your Success The Centre for Career Design (CCD) empowers students for lifelong career success and self-reliance with advice, tools, and training.

MREI Student Success Report CLASS OF 2022 EMPLOYMENT AT A GLANCE*

89%

CLASS OF 2022 DEMOGRAPHICS AT A GLANCE Student Demographics

23

6–8

Years of Work Experience

Prior Degrees

Number of firms that hired Schulich MREI students

$89,521 Average starting salary * 82% of students participated in the survey. **As per MBACSEA Guidelines.

Arts

24%

Business

47%

Architecture

8%

Science

12%

Other

9%

SELECT FIRMS

SAMPLE ROLES

INDUSTRY COVERAGE

Colliers

Asset Management Associate

Financial Services

GWL Realty Advisors

Associate, Real Estate & Investments

Infrastructure Advisory

Consultant, Real Estate & Finance

Real Estate Capital & Asset Management

Development Analyst

Real Estate Development

Infrastructure Ontario MUFG Investments Scotiabank SmartCentres REIT

Investment & Development Manager Leasing Manager

• Identify strengths • Determine career objectives • Develop and implement career plans • Hone skills for career management • Apply for jobs • Prepare for interview and salary negotiations

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Average Age

of students were hired within 6 months of graduation**

OUR TEAM CAN HELP YOU:

Corporate Recruitment Events Connect with leading organizations such as Aecon, RioCan, BMO, Mattamy Homes, and PwC to learn about career opportunities.

Networking Opportunities Connect with industry through integrated company visits, guest lectures and site tours throughout your academic program. Engage with Schulich alumni and industry specialists at the Real Estate and Infrastructure Career Networking Breakfast or Schulich Real Property Alumni Association (SRPAA) events.

Manufacturing

Access to Job Opportunities Enjoy exclusive access to job opportunities posted on our career platform, Handshake.

Career Workshops

For more information, visit: schulich.yorku.ca/ccd

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Benefit from skill-enhancing workshops aimed at making you career-ready like resume and cover letter writing, managing your online presence, and mastering the interview.

Gain Access to the Schulich Global Alumni Network When you graduate from Schulich, you become part of one of the largest business alumni networks in Canada.

UPON GRADUATION, JOIN A GLOBAL NETWORK OF OVER

35,000 active alumni in

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Enjoy exclusive access to Schulich’s Alumni Hub, which includes

90+ global alumni chapters in over 60 countries

countries

Participate in the Schulich Alumni Mentorship Program

Benefit from the Schulich Real Property Alumni Association (SRPAA)

As a student you can engage with alumni at events and conferences to gain key insights into the industries and careers that you’re passionate about.

This specialized alumni chapter aims to build a community of Schulich alumni interested in real estate and infrastructure to provide networking, experiential learning, and career development activities.

“Your program here at Schulich is just the beginning! Our Global Alumni Network is a tremendous asset -opening up connections, knowledge sharing, and opportunities that extend far beyond graduation.”

Pamela Laycock (MBA ’89) President, Schulich Global Alumni Network 17

Learn more about the Schulich Advantage NEXT STEPS • Visit us online: schulich.yorku.ca • Join us for an event or information session.

Register at: schulich.yorku.ca/events • Connect with our Admissions Team at: schulich.yorku.ca/grad-inquiry

Additional specialized Masters programs offered at Schulich

MAcc

Master of Accounting

MBAN

Master of Business Analytics

MF

Master of Finance

MHIA

Master of Health Industry Administration

MMAI

Master of Management in Artificial Intelligence

MMgt

Master of Management

MMKG

Master of Marketing

MSCM

Master of Supply Chain Management

Driving Positive Change schulich.yorku.ca

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