The MCR is the globally recognized designation for corporate real estate professionals. Salary surveys by CoreNet Global show that those who earn the MCR tend to advance faster than their counterparts. MCR content is designed for those with five or more years of professional experience. Participants must complete a series of six in-depth seminars to earn the designation.
The MCR workplace specialization (MCR.w) is available to those who are interested in learning about and demonstrating expertise in the study of workplace strategies. To earn the MCR.w, participants complete the MCR requirements, plus two additional workplace strategy seminars for a total of eight seminars.
While participating in the MCR Seminars, you will:
MCR designation is well recognized throughout the profession for high-quality instruction and current, relevant content. The content is designed for service providers, end-users, and economic developers with five or more years of experience in corporate real estate. CoreNet Global membership is encouraged but not required to earn the MCR. Continuing professional development is required each three-year renewal cycle to maintain the designation. Your MCR must remain active in order to continue to use the professional designation.
The MCR workplace specialization (MCR.w) is designed for those who are interested in learning about and demonstrating expertise in the study of workplace strategies. To earn the MCR.w, participants complete the MCR requirements, including a series of workplace strategy seminars, a total of eight.
Requirements (Effective April 1, 2023)
To earn your MCR, you will need to complete six (6) seminars within five years and pass the cumulative MCR Assessment. If you wish to add the workplace specialization and earn the MCR.w, you will need to complete eight (8) seminars.
CoreNet Global has a wide range of professional development seminars of interest to corporate real estate professionals. All professional development seminars listed in the current MCR Catalog may be used to customize your MCR program. Contact a Learning Concierge for more information.
To earn seminar credit:
You must: 1) be in compliance with the MCR ATTENDANCE POLICY; 2) take and pass each seminar assessment; 3) have no outstanding financial obligations to CoreNet Global. Seminar fees must be paid in full in advance of the seminar start date.
Assessments are designed to reinforce the key takeaway points of each seminar. They are open books and scored by computer. By default, you will have three attempts to pass each assessment.
Capstone seminar pre-requisites:
Prior to registering for the Capstone: Leadership and Strategy seminar, you must complete all other MCR requirements (5 qualifying seminars) within five years prior to the start date of your capstone seminar.
MCR Assessment:The MCR Assessment is an individually developed in-depth analysis of a case study applying the knowledge and skills learned from all MCR seminars. The Capstone seminar and MCR Assessment are designed to be the final activities in earning the MCR. You will have three weeks post-seminar to submit your completed assessment. Each assessment is hand-scored. Please allow twelve weeks from the Capstone seminar end date to receive your results.
MCR Registration Fees
Registration is required for each seminar. When you are logged in, seminar pricing is displayed according to your membership status, the region in which you reside, and your preferred currency.
All Seminar registration fees are non-refundable. Options for reallocation of funds are specified in the Professional Development Seminar and Learning Event Cancellation Policy.
Participants are required to attend all sessions of the seminar in full to receive credit. This includes all seminar pre-work, and assignments/tasks, and fully participate in all sessions. If you miss more than one hour of course time, the faculty may, at their discretion, recommend you retake the seminar. If you miss more than two hours, you will not be eligible to receive credit and must repeat the seminar.
Q: How long do I have to complete the designation?
Some people complete the program in one year; the average is two to three years. All seminars must be completed within five (5) years prior to completion of the capstone seminar.
Q: Do you have to take courses in any particular order?
To earn the MCR complete six seminars. Workplace seminars must be completed in sequential order. The Capstone seminar and MCR Assessment are to be taken last. Contact email@example.com for assistance in planning your seminar schedule.
Q: Can I take the seminars anywhere in the world?
Yes. Doing that is a great way to expand your global networks of CRE professionals.
Q: What is required to maintain the MCR designation?
Continuing professional development activities are important to stay abreast of new information and business models. To keep the MCR designation in good standing, a designee must participate in educational activities specific to a renewal cycle. Contact hours relevant to CRE professionals, including educational activities provided by universities, professional associations, corporate in-house training programs, CoreNet Global Chapter education programs, CoreNet Global Summit participation, and other CoreNet Global seminars. Renew your MCR.
Q: Is there anyone I can talk to about the program?
Q: If I have my MCR, can I add the workplace specialization at a later point in time?
Yes. Any time you decide that you would like to add the workplace specialization to your existing MCR designation, you may complete the three workplace seminars, pass the assessments and add the workplace specialization to your existing MCR designation. In fact, the workplace seminars you take after earning your MCR count not only toward earning your specialization but also as renewal credit during the period in which they are completed.
Three (3) year renewal: Your MCR expiration date is established when you complete all MCR requirements including passing the MCR Assessment.
Renewing your MCR/MCR.w requires evidence of ongoing CRE-related professional development within the three-year period between your confirmed MCR/MCR.w certification earned to date and your expiration date. This can be accomplished by:
1) Completing one of the following:
2) Attest to completion of the above and remit the appropriate fee.
MCR renewal fees:
CNG+ members: Free
All other member types: $100
Note: If you hold a valid broker’s license, you are exempt from the professional development requirement**.
*1 Seminar = 12 Continuing Professional Development (CPD) hours.
** Upon request, submit verification to firstname.lastname@example.org.
CoreNet Global has entered into an agreement with the Society of Industrial and Office REALTORS to offer reciprocal credit as follows:
* SIOR typically requires applicants for membership to complete (3) mandatory course topics and (3) elective course topics for a total of six (6) courses. SIOR will waive the elective course requirements for SIOR applicants who currently hold the MCR designation in good standing.
* MCR candidates complete (5) required courses and (1) elective course. MCR candidates who hold the SIOR designation in good standing will have the elective course waived.
MCR and Professional Development Seminar Pricing (Effective April 1, 2023)
|Americas (USD$)||Asia* (USD$)||Australia* (AUD$)||Canada* (CAD$)||EMEA* |
|NZ* (NZD$)||India* (INR₹)||UAE* (USD$)|
|Group Program |
|Group Program 15% Discount |
|*Pricing is fixed in each currency. Regional discounts have been applied.|
|Employees of CoreNet Global Corporate Partners receive discounts of up to 20% off of the Americas rate.|