University

Massachusetts Institute of Technology

Master of Science in Real Estate Development (MSRED)

Program overview

The MSRED at MIT offers a rigorous and multidisciplinary approach to real estate education, emphasizing direct application in the field. It's recognized as the first one-year degree in real estate development, offering a science-based graduate education. Students have the advantage of engaging with MIT's unique ecosystem of academic research and industry partnerships, applying the latest discoveries to real-world challenges within a framework of sustainability.

Last updated: February 20, 2024

MIT Center for Real Estate

77 Massachusetts Avenue, Cambridge, MA 02139

Academic Information

Degree offered

Master of Science in Real Estate Development (MSRED)

Length of program

One Year

Number of Credits Required

111 Units

Mode of learning

On campus

Unique real estate academic features

  • Strong emphasis on practical applications through case studies, simulations, and industry interaction.
  • Renowned faculty with expertise across various real estate disciplines.
  • Diverse student body with international backgrounds and varied work experiences.
  • Potential practicum opportunities with leading real estate firms.
  • Access to MIT’s extensive resources and research facilities.

Courses and disciplines/concentrations offered

  • Real Estate Development Studio
  • Sustainable Real Estate
  • Real Estate Finance and Investment
  • Real Estate Economics
  • Real Estate Building Systems
  • Thesis Prep
  • Introduction to Urban Design and Development
  • Doing Good by Doing Well: Mediating Public and Private Development
  • Technological Change & Innovation for RE/Cities
  • Entrepreneurship in Construction and Real Estate Development
  • Real Estate Ventures I
  • Leadership in Real Estate
  • Managerial Finance
  • Mixed Income and Affordable Housing Policy and Finance
  • DesignX Accelerator
  • Data Science & Machine Learning Principles for Real Estate
  • International RE Transactions
  • Urban Design Seminar
  • Innovative Project Delivery
  • Real Estate Ventures II
  • Mortgage Securitization
  • International Housing Finance & Economics
  • Real Estate Markets: Macroeconomics
  • Mixed Income Housing Development
  • Fieldwork – Real Estate
  • Laws of the Land: Property, Land Use & Environmental Law for RED
  • Economic Analysis of Urban Development & Environment
  • Corporate Real Estate
  • PropTech Ventures

Real Estate Extracurricular Opportunities

Notable traditions & events

  • Annual AACRE Holiday Party​​
  • MIT World Real Estate Forum​​

Real estate extracurricular activities available

  • Winter Externship​​
  • Summer Internship​​
  • Employer-in-Residence Program​​
  • “Nuts and Bolts of Business Plans” Course

Networking opportunities

  • Industry Professional Interactions​​
  • Company Engagements and Learning Opportunities​

Recruiting

General info on roles students fill after graduation

  • Real estate development
  • Investment management
  • Consulting
  • Corporate real estate​

Common employers​

  • Real estate development firms
  • Financial institutions
  • Real estate investment trusts (REITs)
  • Consulting companies

Faculty and Research

Faculty & Staff for the Program

Distinguished real estate faculty members or research areas

Siqi Zheng

Faculty Director

William C. Wheaton

Post-tenure Professor

Kairos Shen

Executive Director

Accreditations and Rankings

National Universities (2023 - 2024)

Ranking: 2

Financial Information

Tuition fees

$88,360

Financial aid

Available.

Scholarships

Available.

General information

Where is the program housed on campus?

Massachusetts Institute of Technology (MIT) Center for Real Estate, 77 Massachusetts Avenue, Cambridge, MA 02139

Campus Size

The Massachusetts Institute of Technology (MIT) is a private research university with a campus sprawling approximately 168 acres

Contact Information

Massachusetts Institute of Technology Graduate Admissions

77 Massachusetts Avenue Room 3-107 Cambridge, MA 02139-4307

(617) 253-4860

Real Estate Club

100 Main Street Cambridge MA 02139 United States

University Gallery

Other Real Estate Programs at This University

Massachusetts Institute of Technology

Graduate Certificate in Real Estate Development

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