The Global Real Estate Master (GREM) is designed for students seeking a career in the high-risk and high-reward field of international real estate. The first semester of the GREM is common with the MIF (business track or accelerated track, depending on the student’s profile and choice). The second semester is spent at the University of Wisconsin (GREM semester) where students join participants of the other GREM partner programs:
HEC Paris MBA program in Europe Hong Kong University of Science and Technology in Asia INCAE in South America University of Wisconsin in North America.
Students finally need to complete the same "internship" and thesis requirements as "regular" MIF students to graduate. The two-phase GREM program thus combines best-in-class instruction in finance at HEC Paris with training in the principles of international real estate during a capstone semester at Wisconsin. The GREM semester includes:
16 weeks of intensive instruction in real estate valuation, development and investment. One or more field trips to a major U.S. real estate market. Interactive professional development opportunities both in and out of the classroom.
Students learn from world-class faculty and professional experts in the real estate industry, develop an international network of professional connections, and gain a competitive edge for their careers as the next leaders of the real estate industry. Wisconsin has one of the oldest academic real estate programs in the world and the University of Wisconsin’s Department of Real Estate and Urban Land Economics is consistently ranked as one of the top three real estate programs in the United States by U.S. News & World Report. Known for depth and breadth in real estate education, Wisconsin helps its students develop a valuable and life-long network for learning and professional growth. At the end of the program, students receive two master degrees, HEC MIF and GREM, and join the alumni networks of HEC Paris and the University of Wisconsin.
François Ortalo-Magné, Professor and Department Chair, Real Estate and Urban Land Economics, Wisconsin School of Business, expands on the unique benefits of this double degree program. He's also the Real Estate Certificate coordinator (watch second video on the right).
The unique GREM structure ensures all students start with a strong background in Finance. In Madison, the faculty builds on this background to bring students to a high level of proficiency in all aspects of the real estate industry. The coursework in Madison mixes theoretical concepts with hands-on applied experience, from theories of urban structure and asset pricing, to development projects and the development of investment strategies in publicly traded real estate instruments. No other masters program offers such breadth.
The faculty in Madison is unique in its combination of research expertise, publishing in the top scientific journals, with top industry-policy assignments. All lecturers are recognized experts in the domain they teach. By drawing on their business experience, they jump-start our students on their path to professional leadership.
- Remaining costs (approximately €1,000 per month in 2011) include housing and food, compulsory insurance (health and civil liability), sports and leisure, phone and IT access…
Financial aid
"Fondation HEC" fellowships are not available for the GREM program. Merit-based financial assistance may be available from the University of Wisconsin. For more information, visit the GREM program website.
How to apply?
Admission sessions for applicants wishing to enroll for the new academic year in September are:
- November 14th, 2011 - January 14th, 2012 - March 1st, 2012 - April 14th, 2012
The interview for candidates having passed the pre-selection phase takes place 2 to 4 weeks after the application deadline. Final results are announced 4 to 6 weeks after the application deadline. Click here to apply.
- Watch below the video of Meryl Delpech and Yann Dauloudet, currently in Madison for their GREM Semester. Meryl is on the HEC MS Finance track. Yann is an HEC MBA student.
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