Jun 02, 2024 - 0 Comments - Educational -

Video: Lynn McKee, Matt Delicata Discuss Commercial Real Estate Education at Georgia State University

The Discussion: Exploring Excellence in Commercial Real Estate Education at Georgia State University

In a recent episode of “America’s Commercial Real Estate Show,” host Michael Bull delved into the intricacies of commercial real estate education with two distinguished guests from Georgia State University (GSU): Lynn McKee, Director of the Master’s Commercial Real Estate Program, and Matt Delicata, Lecturer at the Robinson College of Business. This enlightening discussion highlighted the longstanding tradition and innovative approaches that make GSU a leader in real estate education.

A Legacy of Excellence

GSU’s commercial real estate program boasts a rich history dating back to the post-World War II era, making it one of the oldest in the nation. Initially part of Georgia Tech’s night school, GSU has grown into a significant educational institution, offering a variety of degrees in real estate. The program’s strength lies in its comprehensive curriculum, which includes a Bachelor’s in Business Administration with a real estate major, a Master’s of Science in Commercial Real Estate, and a PhD program focused on academic research and teaching. Additionally, the MBA program offers a concentration in real estate, catering to students pursuing broader business studies.

Bridging Academia and Industry

One of the standout features of GSU’s real estate program is its integration of academic rigor with practical industry experience. The program employs a hybrid teaching model, where students benefit from the expertise of seasoned real estate professionals alongside esteemed academic faculty. This combination ensures that students receive both theoretical knowledge and real-world insights. McKee and Delicata, with their extensive backgrounds in banking and development respectively, exemplify this approach. Their real-world experiences enrich classroom discussions, providing students with practical perspectives on industry challenges and opportunities.

Flexible and Accessible Learning

The Master’s in Commercial Real Estate program at GSU is particularly noted for its flexibility and accessibility. The hybrid format allows students to attend classes either in person or online, catering to those in different locations or with varying schedules. This flexibility has enabled the program to attract a diverse cohort of students, including international participants from South Korea and Nigeria. The structure of the program, which follows a cohort model, ensures that students progress through the curriculum together, fostering a collaborative learning environment.

Preparing for a Dynamic Job Market

The current real estate job market presents challenges, but also unique opportunities for growth and innovation. McKee emphasized the cyclical nature of the real estate market, noting that downturns, like the current one, are often followed by periods of recovery and growth. This cyclical understanding is crucial for students as they prepare to enter the workforce. The program’s curriculum is designed to equip students with essential skills, such as proficiency in Argus and Excel modeling, which are highly valued by employers. Additionally, courses in investment, development, and entrepreneurship prepare students to navigate and capitalize on market fluctuations.

A Strong Network and Support System

GSU’s location in Atlanta, a major hub for real estate, offers students unparalleled access to industry professionals and opportunities. The university’s extensive alumni network further enhances job prospects for graduates, providing valuable connections and mentorship. The program also emphasizes practical experience through internships and real-world projects, ensuring that students are well-prepared to transition into their careers.

Looking Ahead

With a commitment to expanding its programs and adapting to industry needs, GSU is poised for continued growth. The addition of new faculty members and the emphasis on hybrid learning formats are strategic moves to accommodate more students and enhance the learning experience. McKee and Delicata are optimistic about the future, aiming to increase the cohort size and further integrate industry expertise into the curriculum.

In conclusion, Georgia State University’s commercial real estate program stands out for its blend of historical significance, academic excellence, and practical industry engagement. For those seeking a robust education in commercial real estate, GSU offers a compelling and comprehensive pathway to success.