The land is one of the most treasured resources mother earth has bestowed to man. However, it remains one of the finite and exhaustible resources that can easily run out if not properly managed. Hence, the process of ranking schools of real estate becomes more complicated with the reduction of resources.
Ranking the real estate schools in the US is not an easy task. This is because different universities/colleges have incorporated the unceasing changes that come with the ever-evolving technology into teaching and learning and have therefore stayed on top of their games. While those who could not get into the ranking in the previous years changed their strategy, the COVID-19 crisis has forced many schools to find alternatives to face-to-face instruction.
With the release of our annual list of the best Real Estate Schools for 2021, the top-ranking real estate school didn’t come as a surprise as New York University (NYU) has once again clinched the top position. With New York being the most expensive place to live in the whole of the United States, and it seems that NYU has lived up to the real estate adage “location, location, location”, leading the pack in the ranking.
This year’s real estate school features a few new universities that have performed astoundingly well and improved their ranking with the adaptation to technology and drastically reducing their faculty/student ratio as compared to last year. Due to this, their hard work and diligence in 2020 paid off as they deserved recognition for their astounding works.
Highlights of this year’s real estate ranking include:
- New York University’s Schack Institute of the Real Estate topped the ranking chart for the third consecutive year.
- Two of the top ten universities are located in Denver, Colorado. They are the University of Denver’s Burns School of Real Estate and Colorado Heights University’s School of Real Estate.
- New York has not only 1, but two universities in the top 10 rankings. Besides NYU, the other is Fordham University’s Real Estate Institute.
- Marquette University’s Center of Real Estate found its way into this year’s ranking, rounding up at the tenth place
In ranking the real estate schools, factors like the academic reputation, employer reputation, salary growth, faculty/student ratio, citations per faculty, international faculty/student ratio, and quality of research were considered. These factors helped to select the best real estate schools around the country and then streamline them into the top ten real estate schools for this year’s ranking.
The evaluation concluded with the following ranking, in rank order, New York University, Massachusetts Institute of Technology, University of San Diego, Fordham University, Portland State University, University of Central Florida, University of Denver, Colorado Heights University, University of North Carolina, and Marquette University.
While it was not surprising to see popular state schools like New York University, Massachusetts Institute of Technology, and the University of North Carolina at Charlotte topping the real estate schools charts because they are one of the oldest universities in the US, it was a big feat for other universities such as Portland State University and University of Central Florida that have not been a part of the ranking for years to be ranked alongside these universities. All these universities have survived the turbulence year by offering online lessons to their existing students, enhancing theoretical foundations of the real estate theories, and more importantly, enabling current and ex-graduates to attend real estate conferences, and securing highly sought internships in the real estate world that has provided these students with a perfect balance of skills, knowledge, and confidence to apply what they have learned in the course of their study to their work after graduation.
Real Estate Schools Ranking (Top 10)
- New York University, Schack Institute of Real Estate
- Massachusetts Institute of Technology, MIT Center for Real Estate
- University of San Diego, Burnham-Moores Center for Real Estate
- Fordham University Fordham, Real Estate Institute
- Portland State University, Portland State’s Center for Real Estate
- University of Central Florida, Dr. P. Phillips School of Real Estate
- University of Denver, Burns School of Real Estate
- Colorado Heights University, School of Real Estate
- University of North Carolina at Charlotte, Childress Klein Center for Real Estate
- Marquette University, Center for Real Estate