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 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 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 tangible challenges in development. Learn more about the MSRED Program here. Information about a PhD with Real Estate focus can be found here.


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.


One-Year Intensive

Many 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 world’s 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 the option of deferring the thesis required to the following fall term, leaving the summer term open to pursuing internships or other opportunities. This option extends the program from 11 to 16 months.


The MIT Difference

MIT’s reputation is global; 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 Master’s program that balances real estate theory and practice — applying research to real-world problems in a disciplined intellectual framework.


A Community of Experience

Zhengzhen Tan (CFC) lectures about the future of cities; 2019


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, sharing their gifts and experiences in creative ways to build better living environments around the globe.


Global Results

Since the Program’s inception, MIT has awarded over 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.


Our Students

Diversity is a hallmark of MIT/MSRED students. They come from a variety of geographic, educational, and professional 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.


Get to Know Us

Watch the MSRED Information Session video below and hear from former Director Albert Saiz, Career Development Officer Kelly Cameron, and Academic Administrator Patricia Nesti presenting information and FAQs relating to the MSRED Program, career opportunities, the application process and more! 

Read about life as a MSRED student.


Class of 2021

Learn about our students.  


MSRED Open House