Admissions
Admission to the Master of Science in Real Estate Development (MSRED) program is highly competitive. Each year, approximately 30-35 applicants are admitted as students.
Successful candidates often complete an undergraduate or graduate degree in a discipline as a basis for work in real estate. Traditionally related disciplines include: engineering, construction, architecture, planning, economics, finance, business, and law.
Most admitted students have strong academic records coupled with three to five years professional experience in related professions. Related professions include real estate brokers, construction managers, city planners, architects, commercial loan officers, consultants, financial analysts, or engineers.
We do not offer part-time, online, or special student status.
The application portal for the 2025-26 academic year will open September 1, 2024.
Please visit MIT Graduate Admissions for:
- Graduate application requirements
- Standardized test requirements
- Terms of enrollment
- Special requirements
All candidates are required to have completed microeconomics at the college level. A student who is otherwise qualified but deficient in this course may be admitted provisionally and required to satisfy the prerequisite before enrolling.
Applicants to the MSRED program are strongly encouraged but not required to submit GMAT or GRE scores with their applications.
GMAT or GRE quantitative scores are particularly useful to the admissions committee in evaluating applicants who do not have work experience in engineering, finance and accounting, or economics or who do not have an academic record of achievement in quantitative fields. A significant number of courses in the MSRED program require students to apply practical quantitative skills.
The Center for Real Estate offers a limited number of fellowships for which MSRED students may apply. Applications for the CRE fellowships/fellow programs are submitted via the online MSRED Application.
Information about MITs financial support for graduate students is available on the OGE website.
Closing the GAAP is a volunteer-based, student-run program that provides assistance to applicants from communities historically underrepresented in higher education and the real estate industry.
Candidates with less than three years of experience should apply through the Young Leaders Program (YLP). Up to 10% of a typical incoming class are participants in the YLP.
In order to pursue a dual degree program at MIT you need to apply to each program separately. Once admitted, you must then satisfy the requirements of both programs in order to receive both degrees. Normally, students complete a dual degree program in two years plus one additional term.
Visit our FAQ page for answers to frequently asked questions about admissions to the Master’s degree program in real estate as well as program-related questions.
