With increasing interest in real estate as an asset class, property development and investment courses are in high demand. Leading US universities like Columbia, MIT, Cornell, and NYU offer specialized master’s programs to train real estate professionals. These provide a rigorous grounding across key domains – finance, law, design, sustainability – equipping students for careers in development, investment, valuation, and more. Programs span one to two years, welcoming students from diverse backgrounds, with some requiring work experience. Below is an overview of top US property development and investment courses, including curriculum, specializations, admissions criteria and outcomes.

Columbia’s MS in Real Estate Development combines property fundamentals with urban planning and policy
Columbia University’s Master of Science in Real Estate Development (MSRED) stands out for its interdisciplinary curriculum, spanning three semesters. The intensive program leverages Columbia’s strengths across business, arts and public policy. The summer semester covers core real estate knowledge – finance, construction, analytics. Fall semester explores history, law and electives like sustainability and affordable housing. Finally, spring semester involves independent research, advanced modelling and capstone projects. Students gain a 360-degree perspective on urban property development processes and issues. On completion, they are equipped for diverse real estate career paths in fields like investment, valuation, market research and sustainability consulting.
MIT one-year MSRED is the pioneer US program blending technology with deal-making
MIT’s Master of Science in Real Estate Development (MSRED), launched in 1983, is the first US one-year degree in the field. The intensive curriculum combines real estate fundamentals like finance and economics, with MIT’s cross-disciplinary ethos. The program leverages MIT strengths in technology and innovation and their application to property markets. Courses cover the full ecosystem – design, legal, building systems, management – imparting the skills to execute complex real estate deals. With an accomplished global faculty and exposure to industry leaders, the program prepares students for executive roles in development firms, investment banks, REITs, tech firms, and brokerages.
Cornell University’s two-year MPS Real Estate degree has the most flexible curricula
The Baker Program at Cornell offers a distinct two-year Master of Professional Studies (MPS) in Real Estate degree catering to early and mid-career professionals. The multidisciplinary curriculum encompasses over 60 credits across Cornell’s different schools. Students take core real estate courses along with leadership, ethics and management electives. They further specialize via ‘concentrations’ in areas like finance, sustainability, housing or hospitality. Other highlights are domestic and international field trips, professional mentors and a summer internship. Class profiles are diverse with average work experience of 5 years. Graduates leave equipped for diverse real estate positions – in development, ownership, valuation and advisory roles.
NYU’s MS Real Estate Development and MS Real Estate provide academic rigor with industry immersion
New York University’s School of Professional Studies offers an MS in Real Estate Development and an MS in Real Estate. Both programs deliver academic depth and practical application. The MSRED provides strong grounding across real estate processes – finance, legal frameworks, design, construction, analytics. Students further specialize in sustainability, entrepreneurship or global development. Similarly, the MSRE covers valuation, investment, management and technology in real estate life cycles. Students choose specializations in finance or asset management. Highlights are a capstone project, mentors in top NYC firms and events featuring industry executives. Programs take 15-24 months with flexible formats suiting working professionals. Graduates can access NYU’s global network to launch into diverse real estate career paths.
Top US universities provide rigorous, interdisciplinary property development and investment courses spanning one to two years duration. Students gain well-rounded real estate expertise tailored to diverse career goals in development, ownership, research or advisory roles. Programs leverage strengths across business, technology, design and public policy exposing students to latest industry trends.