About the Program
MIT master of science in real estate development
The MIT Master of Science in Real Estate Development (MSRED) offers an unparalleled education in real estate practice. Our groundbreaking MSRED degree presents a program that is rigorous, concentrated, multidisciplinary and geared toward direct application.
MIT founded the Center and MSRED Program in the same spirit that it established its world-renowned engineering schools — to apply academic discoveries to practical problems in effective, creative ways. Mirroring MIT’s multidisciplinary approach, the MSRED program investigates every field that impacts the real estate industry — from design and development to construction, management, finance, and the law.
With the expertise available only from a premier technical institution, we draw on resources that include the MIT School of Architecture and Urban Planning, the School of Engineering, the Department of Economics, and the Sloan School of Business Management.
We seek focused, committed applicants who want to apply their intellectual gifts to the task of building better living and working environments for people around the world. Most students come to the MSRED program with considerable experience in the industry. Our unique community of learning joins a diverse group of students and professionals, all sharing a passion for scientific rigor applied to concrete problems in development.
Master of Science in
Real Estate Development (MSRED)
MIT’s Master of Science in Real Estate Development (MSRED) is the most concentrated, science-based graduate degree in real estate available. Launched in 1983 by the MIT Center for Real Estate, the MSRED is the first one-year degree of its kind, fulfilling a need for specialized education beyond the scope of the traditional MBA. The MSRED prepares men and women to compete in the global market with superior qualifications — providing the research-based expertise necessary to solve complex problems in contemporary real estate.
Most graduate degrees in real estate last two years. They typically require a year of study in general business coursework before concentrating on real estate.
By contrast, the one-year MSRED focuses solely on the real estate asset and its related disciplines. Using resources from one of the worlds premier institutions, we offer an advanced program that draws on the MIT Schools of Architecture and Planning, Engineering, Economics, and Sloan School of Management.
Students have an option of deferring the thesis requirement to the following fall term, leaving the summer term open to pursue internships or other opportunities.
The MIT Difference
MIT’s reputation is global. It earned its reputation by producing gifted engineers who solve practical problems in innovative ways.
The MIT Center for Real Estate and MSRED Program were founded in that same multidisciplinary spirit. In a setting of rigorous academic inquiry, we offer a Masters program that balances real estate theory and practice — applying research to real-world problems in a disciplined intellectual framework.
A Community of Experience
Candidates for the MSRED come to the Program with substantial experience in the real estate industry. Our program offers them a chance to sharpen their skills by working with other students of exceptional promise.
Building partnerships that will last long after graduation, our students learn team building in an international context, applying their gifts in creative ways to build better living environments around the globe.
Since the program’s inception, MIT has awarded nearly a thousand MSRED degrees to students from around the world, and the results speak for themselves.
Working as developers, entrepreneurs, financiers, legal professionals, real estate managers, etc., our graduates serve throughout the domestic and international industry, holding positions of leadership in the real estate profession worldwide.
For information regarding a PhD specializing in Real Estate, click here.
Diversity is a hallmark of MIT/MSRED students. They come from a variety of geographic, educational, and work backgrounds. International students from all over the world have completed the MSRED program. In addition, graduate students from many departments at MIT enroll in MSRED courses. Students learn from each other, sharing their experiences and perspectives both through course work and through the informal ‘networking’ that takes place when a small group continually works together.
Read about life as a MSRED student.
Class of 2014
Learn about our students.