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
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. (Please note: there is no separate application for the Alexander Bodini Memorial Real Estate Fellowship. Your eligibility is determined by the admissions committee. The admissions office will notify applicants of an award should it become available).
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. (Please note: there is no separate application for the Caswell J. and Mark M. Caplan Fellowship. Your eligibility is determined by the admissions committee. The admissions office will notify applicants of an award should it become available).
Need-based scholarships awarded by the Financial Aid Office
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. (Please note: there is no separate application for the John J. and Theresa M. Azrack Scholarship. Your eligibility is determined by the admissions committee. The admissions office will notify applicants of an award should it become available).
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.
External scholarships awarded through outside foundations and organizations
Charles Grossman 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.
Mortgage Bankers’ Association (“MBA”)
The Mortgage Bankers Association (MBA) provides a two-year award to a talented and deserving entering student intending to pursue a real estate concentration in an MBA program.
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.
Robert A. Toigo Foundation
The Toigo Foundation offers an MBA graduate level fellowship for individuals committed to a career in finance.