Online Certificate in
Real Estate Finance and Investments

This online certificate will give you an in-depth understanding and hands-on approach to cutting-edge techniques in the field of real estate finance and investment. The programme also includes seminal lectures on real estate economics, with a particular emphasis on business cycles and affordable housing development.

Real estate markets are now highly competitive and companies often rely on well-trained workers capable of making investment decisions in an environment of complexity.

For investors, intermediaries, and other real estate players to remain successful, building experience in an exceedingly specialized market has become a must.

With this completely online programme, you will receive excellent training in real estate finance, investments, and economics. The self-learning methodology will allow you to make progress at your own pace from anywhere in the world to complete 40 hours of diverse interactive content, activities, and videos throughout each of the five modules. All topics are foundational and taught from an international perspective.

Objectives

1

Learn to use Excel to undertake pro-forma analysis and practice the different methods of valuing a revenue generating property 

2

Understand the different mortgage types available to investors and learn how to design them

3

Calculate mortgage debt with a prepayment option

4

Master the best ways of refinancing debt

5

Recognize the role of debt within the real estate industry, as well as its benefits and risks

6

Learn how the different capital structures of real estate assets are determined and calculated

7

Learn how to calculate cash flows of real estate assets with varying capital structures and scenarios using real estate "waterfall" spreadsheets on Excel

8

Model sophisticated real estate “waterfall” spreadsheets with Excel for a variety of different capital structures and scenarios

9

Run financial feasibility analysis for a real estate development

10

Assess the impact of financial and fiscal subsidies to the financial feasibility of an affordable housing development

11

Understand the real estate sector by looking at the economic forces that drive real estate business cycles

Additional benefits

Subscribe to CREFI and become an active member of the ESCP community, attend the Real Estate Association’s events in Madrid, Paris, and London, and gain access to a large network of real estate professionals worldwide.

About the instructor

This course is taught by Dr. Jaime Luque, who is a Full Professor of Real Estate at ESCP Business School (#4 business school in Europe in 2024 according to the Financial Times) and holds the Real Estate Tech Innovation Chair-sponsored by the Government of the Principality of Monaco. Professor Luque has taught for decades courses on real estate finance and economics in MBA, MSc, and BBA programmes both in the United States and Europe. Professor Luque is also the recipient of the 2017 Ideas Worth Teaching Award by The Aspe Institute Business and Society Program in the United States for his educational innovations to address affordable housing development. His book Affordable Housing Development provides insights and practical demonstration of important financial tools often necessary to the financial feasibility of affordable housing projects, including TIF and LIHTC.

Audience

  • Professionals with no previous studies in real estate who want to enhance their knowledge in the fields of real estate finance, investments and economics.
  • Individuals with undergraduate degrees who are considering additional education in real estate finance or have an interest in exploring real estate as a professional area of interest.
  • Individuals with undergraduate degrees who want to prepare for more intense programmes such as a Master of Science in Real Estate, a Master of Science in Finance, or a Master in Management.
  • Young graduates who want to signal real estate expertise in their resumes.
  • Professionals with an MBA or other master’s degree who are ready to advance or change careers.
  • Master and MBA students who need an extra specialized certification as part of their curriculum.

Fees

€2,000
Contact

IREFIM

Discover the Institute of Real Estate Finance and Management (IREFIM), a platform sponsored by ESCP Business School dedicated to promoting education and research in Real Estate.

Find out more

Page Last Modified : 05/03/2025