The Master of Science in Real Estate degree is a demanding, interdisciplinary program of study combining business management skills and breadth with an understanding of how real estate markets work and how the three-dimensional place-bound attributes of real estate products affects their performance. Overarching these three, interdisciplinary areas of study is a focus on how behaviors of those involved in making decisions about real estate investment and development affect desired outcomes.
The MSRE is a two year academic degree requiring students to earn 72 graduate credits. The curriculum provides basic knowledge, core skills, and advanced understanding necessary for graduates to assume positions of leadership in the real estate industry of tomorrow. Learning leadership skills is integral to everything a student does throughout their two years in the program. The objective is to develop graduates who can solve sustainable, market-based real estate problems that optimize the utilization of scarce resources to achieve balanced public benefit and private financial gain. Interdisciplinary study provides understanding of techniques and tools used in a broad range of fields essential to real estate, enabling graduates to lead collaborative efforts to solve complex problems of creating sustainable urban environments.
The MSRE provides students with knowledge and tools to accomplish both long term incremental advances and cutting edge leaps forward. Understanding the interaction between supply and demand forces at work in complex spatial markets and financial forces at work in increasingly international capital markets is essential to understanding differences between inefficiencies in real estate markets compared to other financial markets. The limits imposed by the place-bound, three-dimensional physical characteristics of real estate have put a premium on understanding behaviors of people involved in creating and managing real estate projects. People make the decisions which drive values of property types. Students explore ethical behaviors leading towards understanding responsibilities for creating great cities. There is a strong emphasis on using technology to support classroom and case learning in applying knowledge and leadership skills learned throughout the MSRE.