Preparing for the future
As forces such as demographics, urbanization and technology continue to reshape our daily lives, they are also affecting the property markets in profound ways. In response, universities that offer real estate–focused degrees are modifying their coursework to empower graduates to meet these future industry and societal challenges.
This evolution of universities’ real estate–related curriculum has been an ongoing process since the mid-1980s and early 1990s, when real estate studies first started appearing at pioneering universities such as University of California, Berkeley; University of Pennsylvania; and Massachusetts Institute of Technology.
“Over the years, universities have developed more complete real estate programs,” notes Joseph Gyourko, professor of real estate and director of the Zell/Lurie Real Estate Center at The Wharton School of the University of Pennsylvania. “The biggest changes recently, that are reflected in the real estate industry and no