Trips to Madrid, Mexico City, London and a global conference are all part of IE School of Architecture and Design’s newest master’s degree.
The Global Master in Real Estate Development takes place over a 15-month period in a part-time format, combining online teaching with five weeks face-to-face lessons around the globe.
It is designed for professionals with backgrounds in various fields, from finance or economics to architecture, and from engineering to law.
The degree aims to allow students to explore the relationship between real estate development, investment and city infrastructure from a wholly global perspective.
The program is based on the principles of sustainability, digital innovation and real estate technology transformation.
Students will spend four weeks at IE University in Madrid and one week in Mexico City.
Students have the option to attend virtually or attend two “immersion city weeks” in the city that hosts the annual Urban Future Global Conference and a post-graduation trip to London at the end of the program.
As part of the course, students will work at locations around the world provided by C40, the network of the world’s global cities committed to addressing climate change.
Public-private partnerships and smart cities are differentiators of the syllabus for the understanding of city-making.
“On the Global Master in Real Estate Development program, students will learn to be one step ahead, to be flexible, and to create value not only for themselves or their company, but also for their cities and communities,” program director Margarita Chiclana said.
“Also, new communication technologies for remote collaboration are transforming the real estate sector, and our program will help the student to reinvent the role of the profession by emphasising technological proficiency and innovative modes of teamwork.”
Students will also explore active collaboration with city governments through public-private initiatives and analyse the latest ideas in green finance and sustainable developments to make cities more resilient.
Students will work at world-wide sites provided by C40 Reinventing Cities, a global competition for innovative, carbon free and resilient urban projects, which is part of C40—the network of the world’s global cities committed to addressing climate change.
IE School of Architecture and Design also known as IE University, is the first university in the world to establish an agreement with C40 Reinventing Cities.
The part time format of this 15-month degree makes it compatible with students’ professional and personal lives.
The schedule includes the virtual or face-to-face study trip to get to know new developments in some of the world’s leading cities.
By visiting representative projects and meeting private and public key stakeholders in each location, this program will allow students to gain the necessary tools to succeed in their international real estate careers, while building a network of contacts and colleagues around the world as members of the vibrant IE University community.
IE School of Architecture and Design dean Martha Thorne said in the present uncertain landscape of rapid urbanisation, globalisation, climate change, new technologies, and public health crises, the real estate sector must be prepared for whatever the future might hold.
“With this kind of program, we are trying to move the needle away from a speculative product to understanding city-making and the role of the built environment in creating a fair and liveable situation in the city,” Thorne said.
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