2019 – 2020 Masters Programs

Schulich School of Business

MREI
Master of
Real Estate &
Infrastructure
Earn the credentials you need for the career you want,
with a highly specialized 12-month Masters program.

MREI
MASTER OF REAL ESTATE & INFRASTRUCTURE

Build your career on a solid foundation with this specialized program for leaders,
entrepreneurs and city builders in both real estate and infrastructure.

ADDITIONAL MASTERS PROGRAMS AT SCHULICH

MAcc
MASTER OF ACCOUNTING
Position yourself for a challenging career in
accounting with the CPA-Accredited MAcc, an
intensive program that prepares graduates to write
the Common Final Examination upon graduation.
MMgt
MASTER OF MANAGEMENT
Build your knowledge of the major disciplines of
management with this unique program designed for
high-achieving graduates from non-business backgrounds.

MBAN
MASTER OF BUSINESS ANALYTICS
Become an expert in the booming field of
Big Data and gain a competitive advantage
by earning a SAS™ certification.
MMKG
MASTER OF MARKETING
Equip yourself for the dynamic world of
marketing as you master state-of-the-art tools
and grow your literacy in analytics, advertising
and consumer behaviour.

MF
MASTER OF FINANCE
Gain access to a career in investment banking,
risk or asset management and cover a significant
portion of the CFA body of knowledge.
MSCM
MASTER OF SUPPLY CHAIN
MANAGEMENT
Develop the analytical and managerial skills
needed to design creative supply chain solutions
in this rigorous, experiential program offered

MMAI
both full- or part-time.

MASTER OF MANAGEMENT
IN ARTIFICIAL INTELLIGENCE
On the cover:
Learn to develop, evaluate, refine and implement Ali Arabsalmany (MREI ’18)
AI-related applications and technologies for business. VP of Operations, Atena Construction Group
MESSAGE FROM THE DEAN

Shape Your Future

The global business landscape is hyper-competitive, turbulent and complex.

Managing effectively requires a global mindset and multi-stakeholder thinking that
tackles the social, economic and environmental challenges facing business today.
It also requires the ability to explore a problem from multiple perspectives, to reframe it,
and push through to actionable solutions.

At the Schulich School of Business, we have developed eight distinct specialized

Masters programs that will equip you to thrive in this new business paradigm – one that
our School illustrated in the groundbreaking book Re-Imagining Capitalism published
in collaboration with McKinsey & Company. Our Masters degrees are designed to deliver
in-depth functional and industry knowledge, strengthen your technical expertise and
give you a clearly defined career advantage.

Gain hands-on experience at one of our cutting-edge labs and research hubs at our new
Rob and Cheryl McEwen Graduate Study & Research Building. The building is home to our
Centres of Excellence where we are global leaders in industries of the future, including
business analytics, infrastructure and artificial intelligence.

Chart a course to achieve your career objectives with a Schulich 12-month Masters degree.

Dezsö J. Horváth, PhD, CM

Dean & Tanna H. Schulich Chair in Strategic Management
Schulich School of Business

Canada’s Top-Ranked Business School

Global Reach. Innovative Programs. Diverse Perspectives.
Schulich MBA: #1 IN CANADA ( Forbes, CNN Expansión, Corporate Knights, América Economía) #3 IN THE WORLD (Corporate Knights)
Kellogg-Schulich Executive MBA: #1 IN CANADA (Financial Times, The Economist, QS TopMBA) #6 IN THE WORLD (QS TopMBA) #8 IN THE WORLD (The Economist)

Global Reach. Innovative Programs. Diverse Perspectives. 1

Master of Real Estate & Infrastructure (MREI)

Build your career on a solid foundation with a program designed

to develop tomorrow’s leaders in real estate and infrastructure.

GROW YOUR CAREER IN AN In your final term, you’ll have the FULL-TIME
EXPANDING AND EVOLVING SECTOR opportunity to apply theory within a
collaborative framework, as you tackle a
Real estate and infrastructure have taken
timely project that embodies real-world
on a new importance as building blocks in
social, environmental and business START DATE
today’s global economy, with increasing
challenges. Benefit from valuable
recognition that successful and sustainable September
feedback as you present your solutions
cities are the ecosystems for business
to a panel of business leaders from
formation, innovation, and economic
within the industry.
growth. This dynamic coincides with the
growing importance of “real assets” in both
A UNIQUE CO-CURRICULAR EXPERIENCE COMPLETION
institutional and individual asset portfolios.
Real estate and infrastructure investment
is driving increased demand for highly
Participate in a variety of city and site
tours, international case competitions and
12 months
qualified professionals that understand industry networking events. Challenge
both industries as well as the connections yourself at the renowned Developers’ Den
between them. case competition, where you’ll collaborate
with fellow students to develop imaginative
The 12-month Master of Real Estate &
solutions to industry challenges.
Infrastructure (MREI) builds upon the
reputation and expertise of the MBA
CAREERS IN REAL ESTATE
specialization in Real Estate & Infrastructure.
AND INFRASTRUCTURE
Schulich has a strong and innovative tradition
in real estate and infrastructure education Build an invaluable network, with the
that is highly regarded by industry and support of the Brookfield Centre in
connected to a large global alumni network. Real Estate and Infrastructure, as you
benefit from Schulich’s close ties with
The MREI’s comprehensive curriculum
industry leaders and a tightly-knit alumni
integrates business leadership with an
community. In addition to one-to-one
industry focus on development, investment
coaching with industry advisors via
and financing. Gain the skills and knowledge
Schulich’s Career Development Centre,
to analyze and execute successful real
you’ll enjoy a close working relationship
estate and infrastructure projects.
with your instructors.
The cornerstone of the program is a
As an MREI graduate, you will find success
three-term leadership development course
in a variety of roles within real estate and
in which you’ll sharpen your critical thinking
infrastructure development, investment,
skills and develop your own leadership
finance and asset management.
style. Required courses will examine
valuation techniques, legal and regulatory
frameworks, investment and business
structures, sustainability topics, planning
and design issues, and the project life cycle.

2 Schulich School of Business | Master of Real Estate & Infrastructure (MREI) 2019 – 2020
 “ Being a newcomer to Canada,
the MREI provided me with
the knowledge to develop
my professional network
in Toronto and tailored my
skill set to expand my career
opportunities within the
Canadian real estate market.”
DINA BADRAN (MREI ’18)
Associate, Development
Brookfield Properties

PROFESSOR JIM CLAYTON

BA (Queen’s); MA (UWO); PhD (UBC)

Director, Master of Real Estate

& Infrastructure Program
Professor and Timothy R. Price Chair

Teaches:
• Leadership in Real Estate & Infrastructure
• Economic Forces Shaping the City

“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 CLAYTON
Global Reach. Innovative Programs. Diverse Perspectives. 3
 MASTER OF REAL ESTATE & INFRASTRUCTURE (MREI)

YOUR MREI JOURNEY

FALL TERM WINTER TERM

Course Work: Course Work:

• Leadership in Real Estate • Leadership in Real Estate

& Infrastructure I & Infrastructure II

• Real Estate Finance and • Changing Landscapes:

Investment Historical Perspectives on the Industry
• Development Prototypes • Sustainable Cities: Urbanization,
Common Core Curriculum

Infrastructure and Strategic Choices

ACADEMIC TRACK

• Economic Forces
Shaping the City • Structuring Development Transactions
Orientation

• Partnership Models for • The Life of a Project

Infrastructure Delivery
Elective:*
• Financing Large Scale • Investing in Infrastructure
Infrastructure
OR:
• Real Estate Portfolio Management

Experiential Learning: Experiential Learning:

• Perspectives Lecture • Real estate and infrastructure

study tour to New York City
• Join Venture Negotiation Simulations
with leading lawyers
Career Development Centre

Professional Development
Introduction to the

On-campus recruiting Just-in-time recruiting

CAREER TRACK

Activities

Career coaching, networking events, conferences, and alumni mentorship

Company visits, guest speakers, and site tours

4 Schulich School of Business | Master of Real Estate & Infrastructure (MREI) 2019 – 2020
The 12-month Master of Real Estate & Infrastructure 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.

SUMMER TERM

Course Work: Industry Ready

• Leadership in Real Estate Graduates of the MREI are
& Infrastructure III positioned to excel in a wide variety
of investment, development and
financing positions in real estate and
• Creative Workshop Graduation: October Convocation
infrastructure related fields.
Elective:*
• Commercial Real Estate Asset Management
OR:
• Case Studies in Infrastructure

Students will be encouraged to pursue

internships during Term 3 to enhance
experience-based learning.

Experiential Learning:

• Creative Workshop Pitch Challenge

• Commercial Real Estate Portfolio
Management Challenge
• Infrastructure Innovation Competition

* The sequencing of electives is subject to change.

Career Ready
MREI graduates emerge from
the program as highly qualified
professionals, equipped to contribute
and lead in global real estate and
infrastructure industries.

Global Reach. Innovative Programs. Diverse Perspectives. 5

Student Life
Make Life-Changing Connections

Build lasting memories as part of an engaged and diverse student

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

Participate in
Case Competitions

Strengthen your presentation skills and

master the case method with opportunities
to compete in the annual Developers’ Den
Competition, as well as NAIOP, MIT and
ARGUS University challenges.
Team Schulich wins the Developers’ Den
international real estate case competition.

Discover New
Interests and Passions

Choose from over 25 student-run clubs

and organizations. Network and grow with
the Schulich Real Estate & Infrastructure Club,
or diversify your focus by joining other clubs
based on a region, culture, industry or topic
MREI candidates explore New York City of interest.
on a real estate study tour.

Enjoy New
Social Activities

Join a tightly knit cohort of students and

connect through co-curricular highlights
including an annual study tour to New York City,
class sport tournaments and industry networking
opportunities. Enjoy access to a highly engaged
network of graduates via the Schulich An annual golf tournament for students, alumni
Real Property Alumni Association (SRPAA). and faculty, organized by the SRPAA.

6 Schulich School of Business | Master of Real Estate & Infrastructure (MREI) 2019 – 2020
Our Landmark Expansion
The Rob and Cheryl McEwen
Graduate Study & Research Building

Designed for Schulich graduate students, the McEwen building encourages

interdisciplinary research in fields ranging from business ethics and big data,
to real estate and infrastructure, and global enterprise.

A NEW HOME FOR LEARNING AND INNOVATION
The new 67,000 square-foot Rob and Cheryl McEwen
Graduate Study & Research Building provides a variety
of unique environments for learning, interaction,
teamwork and innovation.
ALL ABOUT THE FUTURE
Its unique technological and design features make the
Rob and Cheryl McEwen Graduate Study & Research
Building one of the most environmentally sustainable and
socially responsible buildings in North America.

A HUB FOR COLLABORATION AND RESEARCH Features include:

In addition to being an interdisciplinary space for
Schulich’s newest academic programs and research
facilities, the building is home to the Deloitte Cognitive
840 m2 27m
Analytics & Visualization Lab, as well as Schulich’s of planted natural ventilation
Centres of Excellence, including the Centre of Excellence green roof area system driven by the
in Responsible Business, the Centre for Global Enterprise, glass solar chimney
and the Brookfield Centre in Real Estate and Infrastructure.

A STUDENT-CENTRED SPACE Energy use intensity

Students benefit from a variety of unique spaces to 71.4% BELOW THE MODEL
study, work and connect, including a graduate lounge, NATIONAL ENERGY CODE
private group meeting rooms equipped with flat-screen OF CANADA
monitors, research labs and a media production centre.

7,500 m2 RAINWATER
RECAPTURE
of new landscaped SYSTEM
open area, including
for green roof
3,800 m2 of planted
irrigation
green space

Global Reach. Innovative Programs. Diverse Perspectives. 7

Career Development
Shape Your Success

The Schulich Career Development Centre (CDC) offers a wealth of innovative

programs and resources to help you accelerate your career and facilitate
employment opportunities. Benefit from a variety of resources that have resulted
in consistently high placement rates for graduating students.

Career Coaching Corporate

& Workshops Recruitment Events

Our CDC Advisors are certified career coaches
who work closely to help you identify your
strengths, determine career objectives and
develop a tailored plan. Work together through a
series of skill-enhancing workshops designed to
train you in foundational career search tactics.
Connect with companies such as CanFirst
Capital Management, Canada Land Corporation,
Crestpoint Real Estate, SmartCentres, RioCan
Brookfield Asset Management, Oxford Properties,
Manulife, EY, and BentallGreenOak about career
opportunities in their organizations.

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 Networking
Breakfast or Schulich Real Property Alumni
Students participate in a Joint Venture Negotiation
Association (SRPAA) events. simulation with a team of leading legal practitioners.

Just-in-Time Recruiting

Gain experience while you complete

your program by leveraging our industry
connections to pursue an internship during your
third term. Launch your career post-degree by
accessing job postings from companies around
the globe, for exciting roles such as Financial
Development Associate, Analyst-Infrastructure
Advisory, and Senior Development Coordinator.

8 Schulich School of Business | Master of Real Estate & Infrastructure (MREI) 2019 – 2020
 “ This program exceeded
expectations in providing
leadership development,
authentic experiences and
industry contacts from which
to build my career in this
booming business sector.”
CLAIRE LIU (MREI ’18)
Real Estate Analyst
Trolleybus Urban Development

Global Reach. Innovative Programs. Diverse Perspectives. 9

Schulich Global Alumni Network
Notable Alumni are Leading by Example

When you graduate from Schulich, you become part of one of the largest
business alumni networks in Canada. Here’s a brief look at the scope of the
Schulich alumni network and a sampling of those who are leading by example.

Connect and benefit from access to the Schulich Global Alumni Network

UPON GRADUATION, JOIN A

GLOBAL NETWORK OF OVER

31,000
active alumni in
90
countries

Robyn Sky Mitchell McLean

As a student, Enjoy exclusive access to (iBBA ’06, MBA ’12)
participate in the Schulich’s Alumni Online CEO & Owner, Big Moose Realty
Community, which includes & Basecamp Resorts

SCHULICH
ALUMNI
MENTORSHIP
PROGRAM
93
global alumni
chapters in
or engage with alumni at

62
events and conferences
to gain key insights into the
industries and careers that
you’re passionate about.
countries

Take advantage of life-long

professional development
activities, career management
resources, and alumni events. Wissam Ayoub (MBA ’06)
Vice President, Middle East
EllisDon Corporation

10 Schulich School of Business | Master of Real Estate & Infrastructure (MREI) 2019 – 2020
Diversity. Community. Opportunity.
Build a Life and a Career

The Toronto Advantage Feel at Home in Canada

51%
nd Our campus is enriched by
of Toronto’s population 2 LARGEST
international students from over

44
was born outside of Financial centre
Canada in North America
DIFFERENT
COUNTRIES

CAD $ 332
Access the city’s vibrant
downtown core in just

30 MINUTES
billion economy BY SUBWAY
Plan Your Life,
Post-Degree
Come to Schulich for your Masters
Ranks among the degree and have the option to launch
either an international career, or stay in
TOP TEN MOST LIVABLE
Canada to build a life and career through
CITIES IN THE WORLD favourable immigration pathways.
Economist Intelligence Unit, 2018
Attend sessions on work permits
and permanent residence options,
or book individualized advising with
Ranked in the Schulich’s International Student
Support Specialist.
TOP 5
cities in the world to do business

International
Student Support
Schulich provides in-house programs,
services, and immigration support
to help international students navigate
the transition to Canada and plan for
the future. Benefit from a pre-arrival
webinar, buddy programs, English
Language Peer Support, and New to
Canada Orientation.

Source (unless specifically indicated): Toronto Global Global Reach. Innovative Programs. Diverse Perspectives. 11
Admission Requirements
What’s Required to Begin Your Journey

REQUIREMENTS
MREI
Master of Real Estate & Infrastructure

GPA
B
PREREQUISITE COURSES
IN HONOURS PROGRAM N/A

GMAT/GRE Not required 1

ESSAYS 2 video, 2 written, 1 timed written

REFERENCE LETTERS 2 reference letters

WORK EXPERIENCE 2–5 years strongly preferred 2

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
LANGUAGE
PROFICIENCY*
IELTS (ACADEMIC TEST):

7.0 (minimum 6.5 on each dimension)

* Applicants must produce proof of TOEFL:

language proficiency in one of the
three ways listed. 100 (minimum 23 on each dimension)

SEPTEMBER 2020 ENTRY

Round 1: Nov. 15, 2019
Round 2*: Jan. 15, 2020
ADMISSIONS Round 3: Mar. 12, 2020
DEADLINES Round 4**: Apr. 30, 2020

* 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.

1
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.

12 Schulich School of Business | Master of Real Estate & Infrastructure (MREI) 2019 – 2020
 Tuition Fees
Figures are based on the currently approved fee framework. Fees listed below
include tuition and essential supplementary fees. For details on student
health plans and non-essential fees, visit the York Student Financial Services
website: sfs.yorku.ca/fees. Fees are subject to change.

All fees are in Canadian dollars (CAD) DOMESTIC STUDENTS INTERNATIONAL STUDENTS
Canadian Citizen or Permanent Resident Visa/Study Permit

MREI TUITION PER TERM* $ 17,471 $ 25,395

*The MREI requires three terms of study to complete.

Cost of Living
LIVING EXPENSES IN TORONTO 1 (1 Term = 4 months)

Books /Course Materials $ 750

Rent (on campus) 2 $ 5,000

Food $ 1,500

Personal Expenses $ 1,000

Health Insurance:
UHIP (international students only) 3 $ 210
GSA 3 $ 160

APPROXIMATE COST PER TERM $ 8,620 4

1
Figures are approximations and intended only as a budget guide for students studying full-time. Costs are listed in Canadian dollars.
2
Off-campus housing varies in price from $500 – $ 1,200 per month depending on the location and options. For on-campus accommodation
visit: yorku.ca/stuhouse.
3
Participation in the University Health Insurance Plan (UHIP) is mandatory only for international students 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). Coverage for spouse/family is available. Health/Drug/Dental plan rates are subject to change.
4
Subtract UHIP cost for domestic student total.

Financial Aid
We welcome the opportunity to discuss ways to finance your education
and the return on investment our programs offer. Send us an email at: ADDITIONAL FINANCIAL AID
finaid@schulich.yorku.ca or visit: schulich.yorku.ca/financial-aid.
• Support for case competitions
LINE OF CREDIT FOR DOMESTIC STUDENTS • Partnerships with:

Visit schulich.yorku.ca/financial-aid/loans for a list of partnered banks and

preferred rates for domestic students in professional programs.

LOAN PROGRAMS
To learn more about funding opportunities for domestic and international
students, please visit: schulich.yorku.ca/financial-aid/loans.
Schulich Masters Programs provide students with the technical skills
and career preparation they need to pursue dynamic roles across
a broad spectrum of industries.
schulich.yorku.ca

LEARN MORE ABOUT THE SCHULICH EXPERIENCE CONNECT WITH US

1. Visit us online: schulich.yorku.ca Learn about us at:

schulich.yorku.ca
2. Join us for an on-campus event or
online information session.
Register at: schulich.yorku.ca/events Follow us on Twitter:
@SchulichSchool
3. Meet one-on-one with our admissions team, in person,
on the road or online to discuss your profile.
Watch us on YouTube:
Register at: schulich.yorku.ca/grad-inquiry
youtube.com/user/SchulichSchool

Connect with us on LinkedIn:

SCHULICH SCHOOL OF BUSINESS linkedin.com/company/schulichbusiness

Seymour Schulich Building Like us on Facebook:

Rob and Cheryl McEwen facebook.com/SchulichSchool
Graduate Study & Research Building
York University, 4700 Keele Street Email us at:
Toronto, Ontario, Canada M3J 1P3 admissions@schulich.yorku.ca

Global Reach.
Innovative Programs.
Diverse Perspectives.

Produced on paper made from recycled content

from sustainable forests. Elemental-chlorine free.
Acid free for archival quality.