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The study of real estate at the graduate school level has taken many forms, giving rise to various educational models in different countries. The decision for individuals pursuing higher education in this field often comes down to choosing between a traditional degree with a focus on real estate (e.g., MBA with concentration in real estate) or an interdisciplinary, comprehensive degree (e.g., Master of Real Estate) focused wholly on real estate studies. Students who opt to study in a full-time Master of Real Estate program spend one or two years focused on areas of real estate such as development, consulting, finance, investments, market analysis, asset management, research and others. ==History== Historically, graduate level coursework in real estate was limited to a major or minor in business, or training in architecture and urban planning schools. While Business school programs might emphasize the business side of real estate, MBA students typically lack adequate understanding of real estate principles and processes. Over the last several decades, the real estate industry has matured to one with great complexity and an increasingly institutional ownership structure. The increased complexity of the industry created a demand for practitioners who possessed a comprehensive knowledge of real estate beyond that of traditional MBA generalists. One and two-year graduate level real estate degree programs originated first with the founding of the NYU Real Estate Institute in 1967 〔(【引用サイトリンク】 title= History and Mission )〕 (now known as the NYU Schack Institute of Real Estate) and in 1983 with the formation of the MIT (Center for Real Estate ). Soon after, other schools followed with Harvard University (1983) Texas A&M University (1984), Columbia University (1985), the University of Southern California (1986), Johns Hopkins University (1989), and Cornell University (1996) all forming professional graduate programs focused solely on real estate education. According to the Urban Land Institute, during the mid-1990s strong academic interest in real estate "was never greater, whether for repositioning products, redeveloping inner cities, or developing more affordable housing. Students seemed to be acting on the notion that it's a temporary downturn and graduate school is a good place for the moment."〔Urban Land, Teaching Real Estate Today, April 1992, pg. 32.〕 As enrollment grew, real estate programs responded by adding more course offerings to satisfy the demand. In the early 2000s, prior to the Great Recession, the industry again acknowledged increasing need for graduates with superior qualifications — providing the research-based expertise necessary to solve complex problems in contemporary real estate development. The late 2000s saw significant expansion of real estate programs to second-tier universities such as George Mason University, as well as additional coursework added by MBA programs that commonly did not have an emphasis on real estate. To deal with the complexity of the field and its far-reaching effects, today's industry professionals require advanced training to prepare them to operate in increasingly technical and interrelated areas. As education needs have changed, business schools such as the University of Wisconsin, University of Pennsylvania, and University of California, Berkeley continue to cater to students interested in the flexibility of an MBA. Wharton's real estate program, for example, takes advantage of being housed in one of the top business schools in the United States and having some of the top real estate professionals in the world as advisers.〔Urban Land, October 1991, pg. 38〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Graduate real estate education」の詳細全文を読む スポンサード リンク
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