NEW YORK, NY / ACCESSWIRE / June 1, 2021 / Global megatrends are changing the real estate landscape. As our society re-thinks the future of our cities, work areas, and living arrangements, the need and demand for professionals educated in the real estate development process will be enormous. As a direct response, the Fordham University Real Estate Institute (REI) is pleased to announce the newest addition to its growing inventory of programs: the launch of a Master of Science in Real Estate Development (MSRED).
"At Fordham REI, we are constantly following trends and looking for opportunities to better serve the industry," said Dr. Anthony R. Davidson, dean of Fordham's School of Professional and Continuing Studies. "As we look to the future, the makeup of our cities will be determined by real estate developers. We are confident our MSRED will best position our students to stand apart from their peers and further this field."
The 36-credit master's degree is designed to provide students with an in-depth mastery of the applied functional areas necessary to every real estate development professional's success. The core leaves students with essential analysis, critical thinking and decision-making skills while creating a common student experience that fosters teamwork and community. These essential, core academic disciplines include real estate development principles; legal concepts; financial analysis; debt and equity finance; real estate economics and market analysis; construction methods and materials; planning and design; zoning; pre-construction planning; investment analysis; and project feasibility analysis. The program may be completed part-time, full-time, in-person and online. Registration is now open for classes beginning Fall 2021.
"The MSRED comes at a critical time for the industry, for society and for Fordham REI," said Joshua Harris, PhD, CRE, CCIM, vice president of strategy for Skanska USA Commercial Development and member of the Fordham REI curriculum committee. "Real estate development is becoming ever more complex due to technologies, innovations, and the changing needs of users and communities. As a result, the demand for individuals with the right skill set will only grow. Fordham's MSRED program provides that enhanced educational experience. I am proud to be a part of Fordham's continued success story in rolling out meaningful programs to prepare future leaders in real estate development."
According to Serge Reda, Fordham REI real estate development curriculum chair and adjunct instructor, the MSRED curriculum blends theoretical and applied analysis, in-depth research, and project simulation to develop the collaborative, problem-solving and critical thinking abilities that will provide students with a competitive advantage in the global marketplace.
"The MSRED is another big milestone for Fordham REI and another option for students looking to enter, or advance within, the business of real estate," Reda said. "The core requirements are designed to foster the creative, team-building and entrepreneurial aspects of the development process and ensure that every graduate will gain a unique and integrated set of legal, physical, analytical and project management skills required for success in the multidisciplinary world of real estate development."
Fordham REI will host a virtual information for the MSRED on Thursday, June 3 at 6:00 p.m. For more information, to RSVP for the information session or to register, visit:
ABOUT THE FORDHAM REAL ESTATE INSTITUTE
The Fordham Real Estate Institute currently offers a Master of Science in Real Estate, a Master of Science in Real Estate Development, Master of Science in Construction Management, advanced graduate certificates in real estate finance, development, management and construction management, a Bachelor of Science in Real Estate, and a comprehensive array of professional certificates in real estate and construction at its campuses in Manhattan and West Harrison, N.Y. The programs are developed and taught by leading industry practitioners and are centered on imparting real-world professional skill sets. Flexibility and convenience are program hallmarks as classes can be taken in-person, online, and at various paces. REI is a part of Fordham's School of Professional and Continuing Studies. For more information, visit www.fordham.edu/realestate.
SOURCE: Fordham Real Estate Institute