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AI Master's Degree Program

Are you a graduate student pursuing an MSRE, MRED, or an MBA with a concentration in real estate?

If you are pursuing one of these degrees, the Appraisal Institute Master’s Degree Program could be the perfect fit for you!

Students currently enrolled in a participating university (see below) are eligible to join the AI Master’s Degree Program and become Candidates for Designation with the Appraisal Institute free of charge.

A Designation Path Made Simple

Once you graduate, and depending on your completed coursework, you will receive equivalency for some or all courses and/or exams needed for designation. This comprehensive chart provides an outline of equivalencies based on a program’s curricula.

Your master’s thesis or Ph.D. dissertation could possibly satisfy the General Demonstration of Knowledge requirement for MAI Designated membership! The thesis or dissertation must meet requirements outlined in the Official Guide to the Demonstration of Knowledge Requirement: General.

As a Candidate for Designation, you must also complete several more requirements to earn a designation, which may include the Comprehensive Exam and Experience requirements.

MAI Designation Requirements

SRA Designation Requirements

What if your program is not affiliated with AI?

Do you have an MBA, MSRE, or a Master's in Real Estate Development or Valuation? AI will gladly review graduate coursework from a program not affiliated with the AI MDP to determine whether any classes taken at the graduate level could count as equivalency credit towards education required for Designated membership.

If you think your university would benefit from this partnership, please contact AI is continually recruiting university graduate programs to become affiliated with the AI Master’s Degree Program.

The Program

The following universities comprise the AI Master's Degree Program:

1. Johns Hopkins University, Baltimore, Maryland

2. Texas A&M University, College Station, Texas

3. University of Denver, Denver, Colorado

4. Virginia Commonwealth University, Richmond, Virginia

5. University of San Diego, San Diego, California

6. The University of Florida, Gainesville, Florida

7. European Business School (EBS),Wiesbaden, Germany

8. American University, Washington, D.C.

9. University of Wisconsin, Madison, Madison, Wisconsin

10. University of Hong Kong, Hong Kong

11. University of Utah, Salt Lake City, Utah

12. The City University of New York (CUNY), Baruch College, New York, New York

13. Renmin University, Beijing, China 

14. Roosevelt University, Chicago, Illinois 

Benefits of MAI Designated Membership

Benefits of being a Candidate for Designation through the Master’s Degree Program include:

  • No annual fees while enrolled at the participating university;
  • All advantages and discounts offered to all regular Candidates, including special AI pricing on education and publications; and
  • complimentary subscriptions to Appraisal Institute periodicals The Appraisal Journal and Valuation magazine.

AI Scholarships

The Appraisal Institute Education and Relief Foundation (AIERF) was born out of the 2018 union of the AI Education Trust and AI Relief Foundation in order to most effectively and efficiently serve real estate appraisal professionals now and into the future. Please visit its webpage to learn more about AI scholarships


Graduate students who wish to apply may contact their respective programs or complete the following application. You may submit your application, along with proof of your enrollment in the form of a letter or transcripts, via email at fax at (312) 335-4256.

More Information for Universities

University Guidelines
University Application

More Information for Graduate Students

Student Policy Manual
Candidate Application  Note: This application is only for Candidates currently enrolled in one of MDP programs. If you are already a graduate, you must complete the standard Candidate for Designation application.

comprehensive chart that provides equivalencies of a program’s curricula.


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