By Joshua Burd
Graduate students at Rutgers University can now become certified in real estate development and redevelopment, thanks to a new joint offering at the school’s Newark campus.
The Rutgers Business School Center for Real Estate announced Wednesday that it will now offer the certification program in partnership with the Edward J. Bloustein School of Planning and Public Policy. The program will allow students to compile a more well-rounded selection of courses, learning about both the business of real estate and the nuances of government and land use.
“The Rutgers Business School Center for Real Estate was established to provide students with the most important and current skills in the field of real estate,” said Morris A. Davis, the Paul V. Profeta chair and academic director of the Rutgers Business School Center for Real Estate. “This certificate focuses on the theories, methods, practical skills and contextual knowledge needed to work at a high level within the industry.”
He added that the program integrates existing coursework from both locations, giving students the skillset for careers such as real estate, public planning and urban design. Offerings include a wide range of courses across topics such as land use planning, property tax regimes, urban redevelopment, environmental law and policy, community economic development and others.
Registration for the spring 2017 semester is now open at Rutgers’ Newark campus and will continue until Jan. 17, the Center for Real Estate said in a news release. The certification is only open to Rutgers master of city and regional planning or MBA students.
“We are excited to offer this certification in conjunction with the Rutgers Business School,” said David Listokin, a distinguished professor of urban planning and policy development at the Bloustein School.
The initial course offerings for spring 2017 at the undergraduate level will be Real Estate Capital Markets and Real Estate Finance. At the graduate level, the course offerings are Real Estate Finance, Real Estate Appraisal and Real Estate Law.
“We recognize that this program offers a high value, low cost way for students to expand their knowledge base and acquire additional skills that will help them both professionally and in development of sustainable communities that provide a high quality of life for residents,” said Clint Andrews, an associate dean at the Bloustein School. “The reciprocal nature of this program is unique and offers students with expertise in design, land use, redevelopment and planning an exposure to developers’ perspectives.
“Students with real estate experience will receive an immersive experience in urban planning.”