Boston University School of Hospitality Administration Launches New Graduate Program in Hospitality Real Estate

Boston, MA (September 28, 2023) — Boston University School of Hospitality Administration (BU SHA) is proud to announce the launch of a new addition to its graduate degree programs: Master of Science in Hospitality Real Estate (MSHRE). This degree program prepares students for expansive opportunities in the acquisition, development, asset management, and sale of hotels, resorts, restaurants, convention centers, membership clubs, senior living facilities, golf courses, large mixed-use developments, and more. Over this one-year program, students will develop expertise in a dynamic and critical part of the hospitality industry through coursework, connecting with leading industry professionals, and gaining work experience in the field. 

Hospitality Real Estate:
As the hospitality industry continues to expand and adapt, the demand for professionals skilled in navigating the complexities of hospitality real estate is greater than ever. BU School of Hospitality’s Master of Science in Hospitality Real Estate program equips students with the knowledge and skills necessary for success in various roles within the industry, from real estate development to investment banking and consulting, as well as contemporary issues facing real estate stakeholders such as evolving urban landscapes, ESG (Environmental, Social, and Governance), community connection, and working with municipalities and local governance. 

“The addition of the MS in Hospitality Real Estate to our graduate degree options exemplifies our school’s mission to prepare our students to drive hospitality innovation,” said Arun Upneja, Ph.D., Dean of BU School of Hospitality Administration. “Real Estate is central to building and shaping hospitality experiences that encompass how we live, work, play, and flourish. These experiences, including the role of hospitality real estate assets in a community, are critical for a sustainable and purposeful society.” 

The BU SHA Real Estate program is led by Kaushik Vardharajan, Associate Professor of the Practice and Director of the SHA Real Estate Program, who spent nearly two decades as a global real estate executive advising private equity funds, sovereign wealth funds, investment banks, hotel brands, and hotel ownership groups in over 60 countries. His career includes a 15-year stint with hospitality consulting giant HVS, working in New York, and leading offices in Singapore, New Delhi, and Moscow. He also served for four years as Vice President of Development for Hilton in South Asia.  

 

MS in Real Estate Program Highlights: 

  • A Comprehensive, Robust Curriculum encompasses real estate investment and analysis, hotel and resort development, asset management, market analysis and valuation, and sustainable real estate practices within the context of the hospitality industry. 
  • Experienced and Reputed Faculty, possessing a wealth of industry experience and academic expertise and actively engaged in real estate projects and research, ensure that students receive the most current industry insights. 
  • A STEM-eligible degree program, designated by the US Department of Homeland Security (DHS). International students in F-1 student status may be able to apply for a 24-month extension of their 12-month Optional Practical Training (OPT) employment authorization.   
  • Hands-On Learning through internships, case studies, and field trips, bridging theory and real-world practice, plus a unique capstone course involving role playing the scenarios of the stakeholders in a hospitality real estate transaction and deal.  
  • Networking Opportunities with industry professionals, alumni, and guest speakers, providing valuable networking opportunities and career connections, in particular with BU SHA’s Real Estate Advisory Council comprised of highly respected leaders representing various real estate sectors, including hotel ownership, development, research, consulting, financing, asset management, transaction advisory, and law. These active participants in the program further support the student job placement opportunities.  

How to Apply:
Prospective students interested in this groundbreaking program can find application details and program information on the Boston University School of Hospitality Administration website.
MSHRE Application Information 

 

Boston University School of Hospitality Administration Graduate Programs  

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About Boston University School of Hospitality Administration: Established in 1981 and celebrating over 40 years of Innovating the Business of Hospitality, Boston University’s School of Hospitality Administration (SHA) offers students a combination of rigorous academics, a liberal arts curriculum, and international experiences for the pursuit of success in lodging, restaurants, food service, and other avenues of the hospitality industry. SHA has a unique relationship with the City of Boston, where the area’s hotels and restaurants provide students with numerous opportunities for internships to satisfy work experience requirements for their degrees. For more information about the powerful SHA undergraduate program, visit Boston University School of Hospitality Administration Undergraduate Program | School of Hospitality Administration and to learn more about the internationally recognized graduate programs (MSHRE, MMH, and MS), visit Graduate Programs | School of Hospitality Administration. 

MEDIA CONTACTS:
Mara Littman, Director of Corporate and Public Relations
Email: mlittman@bu.edu
Office: 617-353-4496 

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