A Joint Offering of the Edward J. Bloustein School of Planning and Public Policy and Rutgers Business School (RBS).
The certificate in Real Estate Development & Redevelopment focuses on the theories, methods, practical skills and contextual knowledge needed to work at a high level within this industry. The innovative and interdisciplinary program integrates existing coursework offered in Bloustein’s graduate programs in planning and public policy, the RBS MBA program, and in other Rutgers units.
The real estate industry is economically important and has unique characteristics that tie it firmly to specific places and their attributes. This is especially true when redeveloping existing sites. The urban planner’s domains of land use planning, transportation, housing policy, property tax regimes, and local politics set the context for the real estate industry as it carries out development and redevelopment. The business of real estate drives the development and redevelopment processes that create the need for urban planning, urban design, and land use regulation. By combining the strengths of Bloustein’s top-10 ranked urban planning graduate program with RBS’ exciting new MBA Real Estate concentration, this certificate offers students in both programs an unparalleled learning opportunity. This collaboration, these perspectives and skills are the focus of this certificate program.
The program is open to any Rutgers Master of City & Regional Planning (MCRP) or Master of Business Administration (MBA) student, and is designed so that students can complete the requirements for the 18 credit (6 courses) certificate as part of the coursework for their master’s degrees. Students will be well-prepared with an important skill set and knowledge of real estate for future careers in real estate development, urban planning, or urban design.
The Certificate requires six (6) 3-credit courses, three (3) each from Bloustein and RBS. These include three foundational courses, two common specialty courses, and one additional planning elective. We have indicated the planned semester sequencing, but please check with the program information for a specific semester.
34:970:517 History and Theory of Planning (3) (Fall and Spring)
22:390:695 Real Estate Finance (3) (Spring)
22:851:650 Real Estate Law (3) (Fall)
Subject to approval, planning students may be able to substitute 34:970:605 Planning Real Estate Analysis (Fall) for 22:390:695 Real Estate Finance.
22:851:632 Real Estate Development (3) (developer’s perspective) (Spring)
34:970:622 Urban Redevelopment (3) (public planning perspective) (Fall)
34:970:508 Comprehensive Planning (3) (Spring)
34:970:510/511 Planning Studio as appropriate (e.g., Redevelopment Studio, Design Studio) (for MBA students as a planning course, this is a core, required course for the MCRP students)
34:970:517 Survey of Planning Law Principles (3) (Fall and Spring)
34:970:520 Planning and Land Use Administration (3) (Spring)
34:970:521 Historic Preservation (3) (Spring)
34:970:523 Environmental Law and Policy (3) (Spring)
34:970:528 Housing Economy and Markets (3) (Spring)
34:970:529 Principles of Housing (3) (Fall)
34:970:562 Community Economic Development (3) (Fall)
34:970:572 Green Building (3) (Fall)
34:833:540 State and Local Public Finance (3) (Fall)
34:833:562 Negotiation and Conflict Resolution (3)
34:970:600 Planning and Design I (3) (Fall)
34:970:604 Land Development Practice (3) (Spring)
34:970:656 Urban Redevelopment History and Theory (Spring)
Enrollment by students in certificate-related courses not in their home program will be facilitated by the use of special permission numbers. The number of spaces reserved for a given course will be determined by the Program Coordinators from each school.
At the current time, the only program-specific RBS course scheduled to be offered on the Livingston campus is Real Estate Finance (22:390:695, Summer 2016, Summer 2017). The Center for Real Estate plans to offer MBA-level program specific courses Development and Real Estate Law on the Livingston campus beginning in the 2017/18 academic year. The rest of the MBA courses are offered in Newark.
Matriculated degree students completing the six required courses in the program will receive a certificate even if they do not continue on to receive their Master’s degree.
Rutgers Business School
Professor David Frame
Rutgers Center for Real Estate
494 Broad Street, 3rd Floor
Newark, NJ 07102
Assistant Dean and Director
MBA Student Services
Edward J. Bloustein School of Planning and Public Policy:
Professor David Listokin
Edward J. Bloustein School of Planning and Public Policy
33 Livingston Avenue
New Brunswick, NJ 08901-1982
Coordinator of Graduate Student Services
Edward J. Bloustein School of Pplanning and Public Policy
33 Livingston Avenue
New Brunswick, NJ 08901-1982