Real Estate & Leadership (MSc)

Real Estate & Leadership (MSc)

Study Profile MSc Real Estate & Leadership

The Master of Science programme Real Estate & Leadership is a holistic, interdisciplinary and real estate sector-specific study programme with extensive scientific content and a strong research orientation. It is designed for ambitious Bachelor graduates from study courses such as engineering, architecture, urban planning and business administration as well as young professionals already working and looking for the next challenge. The programme focuses on the real estate sector and combines all herewith involved stakeholders: the community, the investor, the producer and the user.

Interdisciplinarity means merging real estate planning, engineering and business aspects. The MSc allows future generalists and managers to acquire the requisite knowledge and encourages them to think strategically and sustainably. As a result, the Master’s programme combines theoretical specialist knowledge and established management concepts with the continuing development of personal skills.

Highlights of the Study Course

  • Support by 20+ companies from the Real Estae & Leadership Foundation

  • Unique REaL Practice Partnership Programme offering structured, research-oriented internships at renowned companies of the real estate industry

  • Strong support by HSBA professors who closely cooperate with lecturers from industry and other leading universities

  • Innovative research opportunities relevant to practice

  • Study trip to a global real estate hub

Facts on the Study Course

Students Generally approximately 30 per group
Degree Officially recognised Master of Science with the right to proceed into doctoral studies
Credits 120 ECTS
Language English
Course Duration Regular-Track: 30 months, Fast-Track: 24 months; start on 1 October
Course Organisation Contact hours in approximately one full-time week per month
Admission Requirements Good Bachelor's degree, work experience (internships, student assistants) is beneficial for JOB&MASTER-placement and scholarships, B2-level in English and a good level of maths required
Patronage Real Estate & Leadership Foundation e.V.
Financing Scholarships financed by the Real Estate & Leadership Foundation e.V.; JOB & MASTER programme; other scholarships available for all students
Study Fees 22,500 Euros (= 750 Euros per month) *. A reduction of tuition fees based on the support of the Real Estate & Leadership Foundation e.V. is possible. The exam fees as well as the lectures are already included.
Application Process Written application, telephone interview, Admission Day. Applications are accepted until the maximum number of students is reached. We recommend to apply early, since scholarships and JOB&MASTER-places are eventually allocated on a first-come-first-serve basis
Accreditation The study course was accredited by the FIBAA.

HSBA alumni and partner companies, Job&Master candidates as well as applications that reach us before 31 May receive a 10% discount.

Impressions from our Students

"As a real estate "young star" - with a background in business administration and finance - I was looking for a degree programme that would enable me to develop my skills and abilities in a challenging environment. In the MSc Real Estate & Leadership, I have not only found this environment but have been challenged to face the daily adaptations, which the real estate market demands."

Katharina Sophie Tietz
MSc Real Estate & Leadership (Class of 2020)

"During my urban planning studies at the HCU, my interest in complex contexts in the city grew. At HSBA I can now further develop this knowledge with a specific focus on real estate development. In versatile modules, all phases of the real estate cycle are taken into account. What is particularly exciting for me is the combination of questions on real estate in combination with approaches to sustainability."

Lukas Hoberg
MSc Real Estate & Leadership (Class of 2019)

"I graduated as a city planner, but something was missing. I wanted a degree in real estate, practical and related to the Hamburg real estate industry. Here at HSBA different people from different backgrounds meet. Although I do not have a Bachelor's degree in business administration, I feel very happy at HSBA. All REaL students work alongside the MSc programme and in combination with a scholarship, it is possible to pay the tuition fees. HSBA is the right place for people who want to grow and be future players in the growing real estate sector."

Sina Christien Sauer
MSc Real Estate & Leadership (Class of 2020)

"In my engineering studies, I missed subjects such as project management, business administration and architecture. That is why I chose this programme. The interdisciplinary approach convinced me above all. Here I quickly realised that engineers speak a completely different language than architects or economists. Due to the various professional backgrounds, we come up with completely different approaches and new perspectives are developed. This provides an incentive for many interesting discussions and makes the study programme fun."

Raoul Höfer
MSc Real Estate & Leadership (Class of 2020)

Cooperation Companies of the Real Estate & Leadership Foundation e.V.

Study Structure

120 ECTS must be acquired over the course of the study programme. The credits are spread over 20 modules with 5 ECTS each and the Master’s thesis.

The students start-off the programme with the Built Environment & Markets of real estate, thereby receiving valuable insights into the international market environment, architectural principles as well as urban planning. The Development & Engineering phase of the course builds upon the fundamentals and focusses on planning, financing and organising a real estate project. Management & Strategy deals with the property itself and ranges from different management focusses (e.g. asset, portfolio, facility management) to various management concepts (e.g. cooperate, public).

The Specialisation & Innovation part of the course offers the unique possibility to gain further insights into innovative topics of the industry. The interdisciplinary modules Sustainability & Leadership are taught throughout the course and guide the students in order to become responsible future generalists with in-depth insights into the specific characteristics of the pro­perty sector.

Study Plan

Study Content: Semester 1 (Built Environment & Markets)
Study Content: Semester 2 (Development & Engineering)
Study Content: Semester 3 (Management & Strategy)
Study Content: Semester 4 (Specialisations & Innovation)
  • BIM & Digitalisation
    5 ECTS
  • Specialisation
    15 ECTS
  • Digital Toolbox
    5 ECTS
  • Master-Thesis Fast-Track
    20 ECTS
Study Content: Semester 5 (Master Thesis Regular-Track)
  • Master Thesis Regular-Track
    20 ECTS


Look forward to many practice-oriented lecturers from industry and renowned partner universities, next to the highly-motivated HSBA team of professors.

Application Process

On the MSc Real Estate & Leadership the following admission requirements apply:

  • Academic requirements: A completed third-level degree in architecture, construction engineering, urban planning, geomatics, property management, business administration or comparable covering 180 ECTS credits and with the minimum grade “good” (ECTS-grade B).
  • A very good level of mathematical and analytical knowledge: An average of 10,0 points in two semesters of the study course or on the A-levels or an HSBA entrance examination or a similar certificate.
  • Ability to complete a course of studies in English (minimum level: B2 of the European Framework of Reference).
  • One year of practical work experience relevant to the study course (e.g. internships, student assistant).

Secure Your Study Place on the MSc Real Estate & Leadership in Four Easy Steps:

Step 1: Written Application Please send us the following documents in one PDF to Application Form, English Motivation Letter, CV, Academic & Personal Reference, Degree Certificate, Transcript of Records, English certificate (min. B2)  
Step 2: Telephone Interview In this first interview you should explain your motivation, but of course you can also ask questions about the programme. The telephone interview lasts about 30 minutes.  
Step 3: Admission Day We get to know you better by setting different tasks throughout the day. This day also gives you the opportunity to visit our campus and meet professors.  
Step 4: Admission After a successful Admission Day we welcome you to HSBA officially. If applicable, you will be accepted into the JOB & MASTER programme at this time and will of course receive your contract and all other information relevant to the programme.  

Financing of the Study Course

The course fees are 22,500 Euro for the overall programme. HSBA alumni and partner companies, JOB & MASTER candidates as well as applications that reach us before 31 May receive a 10% discount on the course fees.

The course fees include the exam fees but please be aware that the study trip is not included. Usually the Real Estate & Leadership Foundation e. V. or the employer pays a part of the course fees.

Financing ...

... with the Assistance from the Real Estate & Leadership Foundation e.V. (Full-time Option)

The financing scheme of the HSBA and the Real Estate and Leadership Foundation e.V. can provide full-time students of the programme with full or partial cover of the tuition fees. For further information, please refer to the sample calculation below.
The cover is available for admitted students who submitted a convincing application and are eligible after a selection process of HSBA. The reduction in tuition fees usually amounts to 60 per cent of the overall tuition and is awarded in conjunction with admission to the programme. More information can be found here (in German).

In order to apply for this programme, please add the following documents to your Master's application:

  • Letter of recommendation from the current or former employer as well as an academic reference.
  • Second letter of motivation to apply for the funding in which the applicant details why he/she is qualified for the funding and what he/she wants to achieve with respect to his/her social responsibility in the short-, mid- and long-term.

... with the Assistance from the Employer (Part-time Option)

The MSc Real Estate & Leadership is designed to train students for management tasks in companies and to lay the foundation for success. This is attractive to students and companies alike, which is why many employers support their employees both in financial terms and by granting additional free time for the master's programme.

... with the JOB & MASTER Programme (Part-time Option)

HSBA’s JOB & MASTER programme is a free placement service for applicants looking for a study place who wish to combine challenging academic and professional development. Many companies that work together with HSBA value the highly trained applicants from different specialist areas and the possibilities for further education provided by HSBA’s MBA programme and therefore take on the study fees and pay a salary.

Three Full Scholarships Available!

Currently, three 100% scholarships within the HSBA funding programme are still available for particularly eligible applicants on the full-time option. HSBA hereby particularly supports applicants with the following backgrounds:

  • Business
  • Architecture
  • Engineers

All candidates should add a separate motivation letter to their application, in which their special suitability for the scholarship is explained.

Other Scholarships and Funding Programmes

As part of the HSBA study funding programme, a maximum funding of 50% of tuition fees is possible. Other funding programmes and scholarships remain unaffected.

More information on the HSBA scholarship here.

The "Deutschlandstipendium" scholarships are awarded based on performance and amount to EUR 300 per month. 50% stem from public funding from the German government and 50% from the university's own private funding.

For further information please take a look at the specific information and regulations regarding the "Deutschlandstipendium". 

For further funding needs, HSBA students also qualify for other scholarships . 

A good help for finding the most appropriate scholarship is To find a suitable foundation, please check the platform

To secure funding students of HSBA can also apply to certain foundations which grant scholarships, such as:

The following banks offer student loans on special terms:

Further information on the topic can be found on the websites and the CHE-Studienkredit-Test 2016. Please be aware that these websites are only available in German.

© 2019 HSBA