I feel like phear_me is back?.
http://www.cyburbia.org/forums/showthread.php?t=33461
Just a few comments. There are no rankings for MSRED. Period. Many people decide based on location (NY is a big bonus for Columbia; a considerable number of students at MIT have some relation to Boston...). MIT and Cornell publish stats and student profiles, Columbia does not. My thoughts:
- MIT. More selective. It might give you an edge in number crunching if your previous experience is so-so. IMO, it works well if you have an unknown bachelor in finance/economics and you want to get branded with the tech/finance edge that MIT can give you, or if you have arch/construction background and you want to sound more credible on the finance side (MIT after all). Regarding locations, you can have access to the same jobs in NY as with Columbia, so nobody should choose Columbia just because of NY if then he or she wants to work there after graduation (very common assumption).
- Columbia. A mixed bag since it is the largest and many people are there just because of the NY location (for the good or the bad). Columbia is very NY-centric. It has a momentum since NY RE is quite strong again. Still, it is the step-child of the CBS Real Estate. The new direction looks very Urban Planning orientated.
- Cornell. Two years... best if you want to change sides of RE and you don't have yet much experience. It is within the Hotel school which is the best in the world, and places many people in RE anyway (so your actual network is broader). Cornell grads are more knitted (maybe the location) than MIT and particularly Columbia (probably the location as well). But you are in Ithaca for two years.
- NYU. I don't know much about the Development concentration, but I wouldn't disregard NYU on the Finance side. Real Estate is very much about who you know, and NYU is a major house within NY and Wall St. It is not Ivy/MIT, but if you want to work for Blackstone you would probably better go to HBS or Wharton and not to any MSRED anyway.
Ultimately, your previous experience (finance, construction, brokerage...) and degree(s) will be equally important. An MSRED (except Cornell) is a short program; it can't do miracles. It can help to re-orientate or enhace your career but that's all.