Does anyone have any insight in to the major MSRED programs (MIT, Columbia, Cornell, USC)? I am trying to decide whether or not they are actually worth it.
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[{"id": "d0m7ren", "text": "I can understand someone asking the question, \"Should I become a CRE Broker\"\n\nWhat I can't understand is, someone in your shoes asking the question that you did.  I would think that if you could get into the MIT, Columbia, or Cornell programs, you would know the answer to your question.\n\nEDIT:   I stand by my post.  If this guy has the chops to get into any of these programs and then at the same time make a comment like \"but I hesitate to spend $100k just to meet some people\" .... Something is seriously wrong.  Either he is not from one of the coasts or not from a major city.  In either case he is missing some business acumen somewhere.  Yeah, I could probably explain all this a little bit better from the get go but am I the only one who sees OP's question as somewhat naive ?\n\nEDIT EDIT : Yes, Op if you can get into any of these programs you should and you should kill yourself to learn every fucking thing you can.  And just as importantly you should kill yourself to make as many connections as you can possibly make.  The latter being of mega importance !!!  ", "replies": [], "depth": 1}, {"id": "d0m8r3r", "text": "You might ask those programs about average salaries for their alums and make a PV$ calculation about whether you think it's worth it. ", "replies": [], "depth": 1}, {"id": "d0maekr", "text": "I don't know anything about those programs in particular. I do commercial development in a NYC submarket. We had some young guys come into the market and start throwing some money around. I asked around and figured out where the money comes from. They had graduated from the MSRED program at NYU. Apparently if you've gone through that program, there are a handful of hedge funds that line up to lend you money at 8%. Having a hard money lender with deep pockets might be worth the whole tuition if you know what you're doing.", "replies": [], "depth": 1}, {"id": "d0mbcx5", "text": "Hey, I am currently finishing up with the Cornell MPS in Real Estate. If you want to chat, feel free to PM me and we can set up a time to talk if you'd like. \n\nEdit: In fact, if anyone else is interested in learning more about the program here at Cornell, feel free to PM me, would be happy to talk with you about it.", "replies": [], "depth": 1}, {"id": "d0mqa3p", "text": "I wouldn't do it since you're already employed.", "replies": [], "depth": 1}, {"id": "d0n0101", "text": "I went to the MSRE and MBA program at USD and got into USCs program and waitlisted at Columbia feel free to pm me to ask questions", "replies": [], "depth": 1}, {"id": "d0nxua9", "text": "\"Worth it\" ultimately depends on what you see yourself doing in the long run, and to a degree, where you see yourself doing it.  Lots of good programs listed here but I think each has a different slant/focus.\n\nI did USC's program a few years ago, feel free to PM with questions.", "replies": [], "depth": 1}, {"id": "d0pl3pi", "text": "I know nothing about those programs but my office used to be adjacent to Clemson's Program and I know quite a few successful people that have come through it.\n\nhttp://www.clemson.edu/caah/departments/real-estate-development/", "replies": [], "depth": 1}, {"id": "d0wy28r", "text": "I personally don't see the value in it; the only way to really learn development is to work for a developer. If you are thinking about applying to schools FT, I'd recommend an MBA program over MSRED - you get better networking opportunities, a broader alumni network, and have 2 years to intern / recruit for a position with your target list of firms. ", "replies": [], "depth": 1}]