What are the Best Real Estate MBAs in Boston?
Despite episodic waves of unrest, real estate is a worthy investment. More importantly, real estate is a cornerstone of the world economy. The importance of understanding the intricacies and nuances of this complex field cannot be overstated.
In Forbes, Yolanda Barnes, who runs Savills World Research, said, “real estate is the pre-eminent asset class which will be most impacted by global monetary conditions and investment activity and which, in turn, has the power to most impact national and international economies.” For the B-school-bound, becoming fluent in real estate’s many facets can provide a valuable edge in nearly every area of business.
Below, we’ve laid out the best Boston real estate MBA options for those looking for careers in the industry.
Harvard Business School
It would be remiss to talk about business education in Boston without mentioning Harvard Business School. HBS is easily one of the most reputable business schools in the world. Forbes places the university in its top three “Best Business Schools.” For those pursuing real estate, Harvard MBA’s have access to the Harvard Business School Real Estate Club, which provides its members with opportunities for supplemental real estate education, training, and extensive networking. Harvard also hosts an annual Real Estate Weekend, wherein students can buy tickets to attend development workshops and fireside chats with industry experts.
F.W. Olin Graduate School of Business – Babson College
At Babson College’s F.W. Olin Graduate School of Business, MBA students can pursue the finance concentration, which offers several courses in real estate. Students can rake courses like Real Estate Financial Modeling, Real Estate Fundamentals, or Real Estate Development. According to recent Olin graduate employment statistics, 10 percent of the 2017 MBA class landed jobs in real estate. This number may not seem overwhelming, but it dwarfs the percentage seen in many MBA programs (usually about two to three percent).
Sloan School of Management – MIT
MIT’s Sloan School of Management offers an MBA that incorporates real estate education. Though the school also offers an MS in real estate development (MSRED) for those more focused on earning a degree in real estate than an MBA, the MBA finance track offers a different set of advantages. This track zooms in on the finance-related areas of real estate, such as investment, urban economics, and housing economics. The MBA real estate courses zero in on the financial component of the industry and the core MBA courses also help students build a broad foundation in business. MBA students pursuing a certificate in finance can take courses like Real Estate Finance and Investment and Real Estate Capital Markets.
