Fellowships & Scholarships
A variety of awards are available for entering and continuing students. In addition to financial support, awardees become members of Columbia Business School’s community of real estate scholars and fellows.
Columbia Business School alumni are generous supporters of fellowships and scholarships. The MBA Real Estate Program is also proud of additional awards it distributes in partnership with such distinguished organizations as the Association of Real Estate Women (“AREW”), the Mortgage Bankers’ Association (“MBA”), the Urban Land Institute (“ULI”), and New York's Women Executives in Real Estate (“WX”).
Merit-based fellowships awarded by the Admissions Office
(Please note: there is no separate application for the fellowships described below. Your eligibility is determined by the admissions committee and applicants will be notified of an award should it become available).
Real Estate Circle Fellowships
These entrance fellowships are funded by the Real Estate Circle and are awarded each year to a select group of entering students who have demonstrated extraordinary leadership capability as well as academic excellence. Circle Fellows also are invited to attend Real Estate Circle Academy Breakfasts as guests and receive a complementary two-year Associate level membership in the Real Estate Circle upon graduation.
Alexander Bodini Memorial Real Estate Fellowships
Awarded by Daniele D. Bodini ’72, chairman of American Continental Properties Group, the Alexander Bodini Memorial Real Estate Fellowship provides up to two entrance fellowships each year. Fellows receive full tuition for one year and are invited to attend the Real Estate Forum.
Caswell J. and Mark M. Caplan Fellowship
The two-year Caswell J. and Mark M. Caplan Fellowship was endowed by Mark M. Caplan ’84, president of The Time Group and Washington Place Management. The award is given to an outstanding student with a demonstrated interest in entrepreneurship who plans to pursue a real estate concentration in the MBA program.
Need-based scholarships awarded by the Financial Aid Office
(Please note: there is no separate application for the scholarships described below. Your eligibility is determined by the financial aid office and applicants will be notified of an award should it become available).
John J. and Theresa M. Azrack Scholarship
Established by Joseph Azrack ’72, former chair of the Real Estate Program Advisory Board and president and CEO of Citigroup Properties Investors, the John J. and Theresa M. Azrack Scholarship recognizes an exceptional second-year student in the Real Estate Program.
Bernhaut Family Scholarship
Recognizes a second-year student who has demonstrated interest, leadership, or achievement in the real estate field.
The Charles Grossman/PREA Real Estate Scholarship Established by the Pension Real Estate Association and its Members
Established in 2008 by the Pension Real Estate Association and its members to honor Charles Grossman ’68, the Charles Grossman/PREA Real Estate Scholarship is awarded to an outstanding student who demonstrates financial need, with preference given to students with a proven interest in real estate.
External scholarships awarded through outside foundations and organizations
Association of Real Estate Women
Each year, Columbia Business School is eligible to recommend a qualified second-year real estate student for the AREW Scholarship Fund, which provides a one-year award.
Charles Grossman/International Council of Shopping Centers Educational Foundation Graduate Scholarships
The International Council of Shopping Centers (ICSC) Foundation offers graduate level scholarships for those studying retail real estate or a related curriculum. Two $10,000 USD scholarships are available to full time graduate students or part time graduate students who are working full time and who are also ICSC members.
CREW Network Foundation Scholarship
The CREW Network Foundation Scholarship is awarded on the basis of academic excellence and is intended to help finance the educational endeavors of female undergraduate and graduate students enrolled in accredited real estate programs, or enrolled in other fields of study with the intent to pursue a career in commercial real estate. Each scholarship recipient will also be provided with a paid internship at a commercial brokerage firm.
New York’s Women Executives in Real Estate (“WX”)
WX offers scholarships each year to second-year students pursuing an MBA degree with a concentration in real estate. Applicants must demonstrate academic excellence, a commitment to the program, and financial need. Information on the 2013 requirements and application process is available here.
Pension Real Estate Association ("PREA") Scholarships
PREA awards scholarships on an annual basis to promising students studying real estate at the undergraduate and graduate levels. PREA also partners with the Robert A. Toigo Foundation to grant a PREA/Toigo scholarship which is awarded to minority and women students.
David Winoker Scholarship for the YMWREA
Annual award by the Young Men’s/Women’s Real Estate Association of New York to an undergraduate or graduate real estate student studying in New York who demonstrate charitable or community service involvement.