REAL ESTATE DEVELOPMENT EDUCATION In the U.S. Presented to the European Real Estate Society...

REAL ESTATE DEVELOPMENT EDUCATION In the U.S.

Presented to the European Real Estate Society

Istanbul, Turkey

June 26, 2015

 Margaret McFarland, J.D.Hossein Lavasani, Ph.D.

Candidate

Real Estate Development Education:

Undergraduate Minors

1. Arizona State University

2. Baruch College

3. College of Charleston

4. Cornell University

5. DePaul University

6. Georgia State University

7. Lehigh University

A. Universities

8. Portland State University

9. University of Denver

10. University of Florida

11. University of Maryland

12. University of Pennsylvania

13. University of San Diego

14. University of Southern California

15. Virginia Tech University

I. OVERVIEW

B. Host School

1.Business• Arizona State• Baruch College• College of

Charleston• DePaul • Denver• Georgia State • Lehigh • Florida• San Diego

I. OVERVIEW

2. Business+• Portland State• Planning

• Pennsylvania• Planning

• Virginia Tech• Agriculture• Architecture• Engineering • Liberal Arts• Natural Resources

3. Other School•Cornell •Hotel Administration

•Maryland•Architecture

•USC•Public Policy

C. Admission

1. Open to all Undergraduates (14)

2. #15 Lehigh UniversityOpen only to

Business

Economics

Engineering

Art/Science

I. OVERVIEW

II. CREDIT COMPARISON

II. CREDIT COMPARISON

A. Core Courses

III. CORE & ELECTIVES

1. One (1) CourseDePaul University

Real Estate Analysis2. Two (2)  Courses

College of CharlestonPrinciples of Real EstateReal Estate Finance

3. Three (3) CoursesUniversity of Denver

Introduction to Real Estate Real Estate FinanceComputer Education

III. CORE & ELECTIVES

4. Four (4) CoursesUniversity of San Diego

Principles of Financial AccountingPrinciples of Micro EconomicsPrinciples of Real EstateLegal Aspects of Real Estate

Georgia StateReal Estate Principles Real Estate DevelopmentReal Estate Finance and Mortgage BankingInvestment Property and Appraisal

5. Six (6) Courses  (Lehigh University)6. Seven (7) Courses (Portland State University)

IV. TUITION COMPARISON

IV. TUITION COMPARISON

V. PROGRAM CONCENTRATION

A. Prerequisites

1. Arizona State University• Finance • Economics

2. College of CharlestonPrerequisites for Courses inFinance, Economics, Business

3. University of Pennsylvania• Economics 1 and 2

4. University of Southern California• Intro to Mathematics• Intro to Economics

V. PROGRAM CONCENTRATION

B. Program Emphasis

•Finance Focus (7)• Baruch• College of Charleston• Cornell• DePaul• University of Denver• University of San Diego(?)• University of Southern California (?)

V. PROGRAM CONCENTRATION

B. Program Emphasis

•Development Focus (8)• Arizona State • Georgia State (?) • Lehigh University• Portland State • University of Maryland• University of Pennsylvania • Virginia Tech • University of Florida (?)

V. PROGRAM CONCENTRATION

B. Program Emphasis

•Construction Management (1)• University of Denver

REAL ESTATE DEVELOPMENT EDUCATION in the US:

Multi-Disciplinary Masters Real Estate Development

Programs

1. Arizona State (MRED)

2. Clemson (MRED)

3. Columbia (MSRED)

4. Cornell (MPS)

5. Harvard (MDES)

6. MIT (MSRED)7. Texas A&M (MLPD)

8. Maryland (MRED)

9. USC (MRED)

10.Washington (MSRE)

A. Universities (as of 2009)

I. OVERVIEW

11.Auburn (MRED)

12.Georgetown (MPS)13.Johns Hopkins (MSRE)

14.New York (MSRE)

15.Nova Southeastern (MSRE)

16.Portland State (MRED)

17.Tulane (MSRE)

18.Arizona (MRED)

19.Miami (MRED+U)

20.Missouri at Kansas City (MERE)

21.Utah (MRED)

A. Universities (as of 2014)

I. OVERVIEW

B. Host School

I. OVERVIEW

1.Non Business School• Clemson University • Columbia University • MIT• Harvard• Texas A&M• Tulane• Arizona • Maryland • Miami • Washington

B. Host School

I. OVERVIEW

2. Multi-departmental• Arizona State• Auburn • Cornell• Portland State

3. Other School•Georgetown

*Continuing Education•NYU

*Continuing Education•USC

*Public Policy

B. Host School

I. OVERVIEW

4. Business• Johns Hopkins• Nova Southeastern • Missouri Kansas City• Utah

A. Duration1. Less that One year

• Arizona State ( 9 months )• USC (11 months)

2. One year• Auburn University• MIT• Nova Southeastern • Portland State• Tulane• Maryland

II. CURRICULUM COMPARISON

A. Duration3. Eighteen (18) months

• Columbia• Harvard• Texas A&M • University of Utah• University of Washington • University of Arizona (16)

4. Two years• Clemson University• Georgetown University• Johns Hopkins University• NYU• University of Missouri at Kansas City

II. CURRICULUM COMPARISON

II. CURRICULUM COMPARISON

# University Required Credits Elective Credits Total Credits

1 Arizona State University 36 0 36

2 Auburn University 39 0 39

3 Clemson University 54 3 57

4 Columbia University 27.5 17.5 45

5 Cornell University 39 23 62

6 Georgetown University 18 12 30

II. CURRICULUM COMPARISON

# University Required Credits Elective Credits Total Credits

7 Harvard University 24 24 48

8 Johns Hopkins University 30 6 36

9 Massachusetts Institute of Technology 51 15 66

10 New York University 24 18 42

11 Nova Southeastern University 40 0 40

II. CURRICULUM COMPARISON

# University Required/Total Courses Electives(Units) Required/Total 

Credit Hours

12 Portland State University 45 10 55

13 Texas A&M University 36 0 36

14 Tulane University 35 6 41

15 University of Arizona 42 0 42

16 University of Maryland 24 9 33

II. CURRICULUM COMPARISON

# University Required Credits Elective Credits Total Credits

17 University of Miami 30 6 36

18 University of Missouri Kansas City 24 12 36

19 University of Southern California 36 8 44

20 University of Utah 36 6 42

21 University of Washington 33 27 60