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Duration
4
Semesters (120 ECTS)
Degree
MA
Master of Arts in Business
University places
34
Part-time per year

Study Program

Highlights

  • Development of a concrete real estate project
  • Simulation of an urban development competition
  • RICS (Royal Institution of Chartered Surveyors) accreditation

European Association of Real Estate Professions  RICS accreditetd course

Organisation

Type of degree program

Part-time study program

Regularly 2-4 evenings per week, occasionally on Saturdays

Courses in these times (partly on campus and partly online):

  • Mon – Thurs: 18:30 – max. 21:45
  • Fri: 17:30 at the earliest – max. 21:45
  • Sat: 08:30 at the earliest – max. 16:30

Language of instruction

German (single modules in English)

Study-abroad semester

possible with Blended Intensive Programs and Field Trips

Start of the degree program

At the beginning of the winter semester in September

Place of study

wko campus wien, Währinger Gürtel 97, 1180 Vienna
(U6 metro station Währinger Straße/Volksoper)

Focus & Qualifications

The Master’s degree program in Real Estate Management is a two year part-time degree program. This degree program is suitable for:

  • People with a completed degree program and experience in real estate, who want to further improve their skills with a degree from a university of applied sciences
  • Graduates from business or law degrees, who have experience in real estate
  • People who hold a managerial position in a company or who want to work as a property trustee

The Master’s program offers students a combination of theory and practice. In particular, the degree program interlinks the following areas:

  • Business
  • Law and technology with a focus on real estate development
  • Due diligence
  • Portfolio management

You will gain the skills to manage high-powered real estate projects, to lead employees and to make recommendations to top customers.

Our Master’s degree program offers a wide array of courses relevant to real estate, which are taught by people who are well-known in the real estate sector. The benefit for graduates is that they will receive sound expertise and the possibility to network while studying, so as to prepare themselves for furthering their career.

The Master’s degree program is mainly made up of integrated courses to help prepare students for practical challenges. Communication skills and social skills are perfected in workshops and play an important role.

At the end of your degree program students must complete a Master’s thesis and a Master’s examination.

Curriculum

Know more – do more

The requirements of the labor market are growing and growing – making it increasingly important to be “fit for the job” after completing your degree program. Curricula are improved on an ongoing basis so as to fit in with developments in the working world and new international trends. This is to prepare our graduates for the beginning of – or the next step in – their careers. Our motto spans from “know more” to “do more” – meaning that we focus more on practical strengths learned. Teaching, learning and exams at FHWien der WKW are completed in modules. This means: Topic blocks make up modules, and at the end of the module there is an exam.

What is a module?

A module is a teaching unit consisting of multiple topic blocks, which are thematically linked and cover a specific area relevant to the degree program. In this module, clearly defined skills will be developed, with an examination of all sub elements at the end.

How does it help students?

Teaching is directed towards learning outcomes. Competency-based learning and fewer exams – which are integrated and more comprehensive – make up the curricula. Students’ personal development and their employability in business is our central goal.

1st semester
Module ECTS
Leadership
Conversation, Conflict management & Mediation
6
Real Estate Financing & Assessment
Real estate financing, Real estate assessment
6
Real Estate Marketing
Real estate marketing, Site marketing
6
Construction Management
Process of planning, Engineering basics, Project management
6
Research Skills & Methods
Introduction to methods, Statistics mathematics
6
2nd semester
Module ECTS
Real Estate Project Development Part 1 6
Real Estate Valuation 6
Business Administration for Real Estate Developer
Business administration for real estate developer, Business administration simulation game, Business Ethics & Sustainibility
6
Real Estate Law 6
Master’s Thesis Concept 6
3rd semester
Module ECTS
Real Estate Project Development Part 2 6
Real Estate Tax Law
Basics of real estate tax, Real estate tax for developers
6
Real Estate Development 6
Real Estate English 6
Master’s Thesis Theory 6
4th semester
Module ECTS
Due Diligence 6
Real Estate Management 6
Business Management
Personal management and organisation, Employment law
6
Master’s Thesis Empiry 6
Master’s Examination 6

Jobs & Career

Graduates of the Master’s program in Real Estate Management are able to reach key positions at relevant companies or become successful entrepreneurs themselves. This program qualifies graduates in the field of real estate development and ensures the quality of specialist communication with real estate experts.

The degree focuses on the occupational profile of a real estate developer and covers the following areas:

  • Real estate valuation
  • Project development
  • Due diligence examinations
  • Portfolio management
  • Real estate financing
  • Real estate controlling

Application

Curious about our study program? Inform yourself about the requirements and the admissions procedure at FHWien der WKW.

Admission requirements Master's Programs
Specific admissions procedure MA Real Estate Management

Frequently Asked Questions (FAQ)

Here you will find the most frequently asked questions and answers (FAQ) about the Master’s program in Real Estate Management:

Study program

What are the main areas of focus and highlights of the Master's program in Real Estate Management?

The Master’s program in Real Estate Management is RICS-accredited and paves the way to management positions in real estate companies.

In addition to economics, law and technology, this program focuses particularly on property development. The main areas of focus are:

  • Property valuation
  • Project development
  • Construction management
  • Real estate law
  • Due diligence
  • Portfolio management
  • Real estate financing and controlling
  • Master’s thesis

Highlights of the program include the development of a concrete real estate project and the simulation of a property development competition.

After graduation, our graduates are able to manage real estate projects, lead employees, and advise and support clients.

In which language is the Master's program in Real Estate Management taught?

The Master’s program in Real Estate Management is taught in German. Only individual modules are held in English.

Are the lectures practical or more theoretical?

At FHWien der WKW, you study real business. All study programs have a very high practical relevance. Two-thirds of our lecturers come directly from the business world and pass on their expertise and professional experience to our students.

Exciting projects with cooperation partners from the business world and excursions in Austria and other EU countries round off the practical training.

For whom is the Master's program in Real Estate Management suitable?

The Master’s program in Real Estate Management is suitable for

  • individuals with a degree and experience in the real estate sector who wish to gain further qualifications through additional university education.
  • graduates of business, technical and legal studies who have experience in the real estate sector.
  • individuals who aspire to a management position in a company or self-employment in the real estate trust professions.

This Master’s program requires a good basic knowledge of real estate and focuses on the areas of property valuation, project development, due diligence, portfolio management and real estate financing and controlling.

Organization

How long does the Master's program in Real Estate Management last?

The Master’s program in Real Estate Management lasts a total of 4 semesters.

Can the Master's program in Real Estate Mangaement be completed on a full-time or part-time basis?

The Master’s program in Real Estate Management is offered exclusively on a part-time basis.

Classes take place on 2 to 4 evenings per week (occasionally on Saturdays), partly online and partly in person at the wko campus wien. The general schedule is as follows:

  • Monday to Thursday from 6:30 p.m. to 9:45 p.m.,
  • Fridays from 5:30 p.m. to 9:45 p.m., and
  • Saturdays from 8:30 a.m. to 4:30 p.m.

The distance learning component accounts for 30 to 40% of the study program.

How many hours per week do I need to plan for the Master's program in Real Estate Management, and can it be easily combined with a job?

For the Master’s program in Real Estate Management, you should plan for an average weekly workload of approximately 15 hours (classes and self-study).

The part-time study program is designed to enable working professionals to efficiently combine their careers with their studies.

Do I have to work alongside the Master's program in Real Estate Management?

No, proof of employment is not required. Due to the flexible schedule, the part-time program allows working professionals to efficiently combine their career and studies. Employment is not mandatory, but highly recommended.

International

Do I have to spend a semester abroad as part of the Master's program in Real Estate Management?

A semester abroad is not recommended for the part-time Master’s program in Real Estate Management. However, there are events with international students in Austria and abroad (field trips, blended intensive week, RICS events etc.).

Career & Job

Do I have to complete a professional internship in the Master's program in Real Estate Management?

No, you do not have to complete a professional internship in the Master’s program in Real Estate Management. However, relevant professional experience is highly recommended.

What academic degree will I obtain upon completion of the Master's program in Real Estate Management?

Upon completion of the Master’s program in Real Estate Management, you will be awarded the academic degree Master of Arts in Business (MA).

What careers can I pursue after completing a Master's degree in Real Estate Management, and how good are the job prospects?

Thanks to the practical training, our graduates are highly sought after on the job market. The Master’s program in Real Estate Management paves the way to management positions in real estate companies. The following career paths are particularly open to our graduates:

  • Project development
  • Property development
  • Property valuation
  • Portfolio management
  • Banking and insurance
Is there any support available for job hunting?

FHWien der WKW has its own job platform for students and graduates. In the Career Center, you will find exciting jobs and internships from companies in various industries. The platform also provides helpful career and application tips.

Once a year in fall, FHWien der WKW also holds its Career Day. This career fair offers a free CV check and an application photo shoot. You can also get in touch with exciting companies and find out about current job vacancies.

Costs & Subsidies

How much does the Master's program in Real Estate Management cost?

Tuition fees amount to € 363.36 per semester for EU and EEA citizens, Swiss citizens and third-country nationals with exceptional circumstances. Third-country nationals who do not qualify for exceptional circumstances are required to pay different tuition fees.

In addition to the tuition fees, the ÖH contribution and the special contribution of € 25.20 per semester must be paid.

A detailed list of costs and exceptions for third-country nationals can be found here.

(As of August 2025)

Are there any grants, subsidies or scholarships available?

Under certain conditions, students are entitled to various forms of financial support (e.g. study grants, travel allowances, insurance contributions, childcare allowances) and scholarships (e.g. graduation scholarships, self-support scholarships). The ÖH FHWien is available to answer any questions you may have.

In accordance with the Study Grant Act (Studienförderungsgesetz), merit-based scholarships are also awarded each year for outstanding achievements in the previous academic year. The amount of each scholarship is determined annually by the Federal Ministry of Science and Research and ranges from EUR 726.72 (double tuition fees) to EUR 1,500.00. You will be informed annually about the application and award process by mail.

(As of August 2025)

Application

What admission requirements do I have to meet, how does the admissions procedure work, how can I prepare for it, and when can I apply?

All information on admission requirements, the admissions procedure, dates and deadlines, as well as helpful downloads, instructions and FAQ can be found here.

Start of studies

When does the Master's program in Real Estate Management start?

The study program begins each year in the fall semester in September.

There is a kick-off event for first-semester students, where you can meet the Head of program and your fellow students and receive important information about the university of applied sciences and your study program.

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Study Programs & Contact

The Real Estate Management Study Programs at FHWien der WKW offer the first comprehensive and interdisciplinary training in the real estate sector at academic level in Vienna. Our graduates are academically trained real estate generalists. Learn more about us:

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