The experience of Chicago-area academia offering formal programs in real estate illustrates the growing trend and popularity of real estate and development studies.
"Years ago, real estate professionals frequently had little specialized schooling. As the commercial real estate industry has become more complex, the number of educational opportunities has grown....The Association to Advance Collegiate Schools of Business in St. Louis accredits business schools and tracks trends. The association only recently began tracking the number of schools offering MBAs with a concentration in real estate....Among 336 MBA programs surveyed a year ago, 5.4 percent offered a concentration in real estate. It will take future surveys to document changes in the number of real estate degree programs being offered." Among the students enrolled at the Chicago School of Real Estate, at Roosevelt Unversity, in Chicago, IL, around "70 percent of the real estate students are working in the industry and seeking more expertise. Another 20 percent are making a career switch. The remaining students are in related fields, such as urban planning."
Thanks to Connie Chung
FULL STORY: Real estate schools are doing land-office business
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