Advanced Management Development Program in Real Estate
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Transforming Industry Executives into Global Leaders
- Harvard's only advanced leadership program in real estate
- Become a Harvard alum
- Access to a Harvard network, world-class faculty and industry experts
- Join the ranks of one of the most exclusive real estate clubs in the world
Innovation in Action
At Harvard GSD Executive Education, industry and academia's foremost leaders join with accomplished design and real estate professionals from around the world. In this setting, complex challenges are addressed and innovative solutions are created. In our dynamic learning environment, you emerge with practical insights and valuable lessons that can be put into action, right away. You will return to your company transformed and ready to identify, frame, and address your complex business problems.
Nowhere else offers the unique combination of a design and real estate education.
AMDP is a one year executive development program in real estate held over the course of six weeks. Upon completion, participants are granted full alumni status at the Harvard Graduate School of Design (GSD). A new class begins each year in July, and candidates are encouraged to apply early.
Joined with an elite group of senior real estate entrepreneurs and decision makers, you will gain new management strategies and best practices, advance your insight into new technologies, discover ways to influence public policy, and become better prepared for the future.
As a result of this unique educational experience, you will:
- Deepen your understanding of capital markets, international finance, and complex deal structures
- Recognize the value of good design
- Examine public-private development and legal issues in real estate
- Evaluate how recent trends are affecting the real estate development process
- Enhance your ability to lead yourself and others
The combination of three on-campus and two off-campus modules provides participants with a comprehensive understanding of core real estate functions, new approaches for leading change, and a broader grasp of strategy, leadership, planning & design, development, technology and finance.
AREAS OF FOCUS
The case study method is the primary form of instruction. Participants attend an average of fifteen 90-minute sessions per week in the following areas:
Leading through change, developing high-performing teams, decision-making, succession planning
Planning and Design
Land use and public policy, urban design, environmental issues, sustainable design and development
Planning, conceptualization, approvals, public-private development, legal and regulatory issues, marketing and market analysis
Strategic context of technology, including BIM, GIS, new building systems, processes, and materials
Capital markets, structuring complex deals, obtaining debt and equity, international finance, investment analysis, REITs
Market strategy, organizational strategy, corporate real estate, talent management, negotiation
The Team Project is an academic exercise that employs both professional experience and class learning. Participants are divided into teams and compete to solve complex development problems in real-world locales. Problems for these projects are as diverse as the redevelopment of dying shopping malls in Denver and Los Angeles or brownfield sites on Staten Island to exploring possibilities for the city of Toronto or East Boston waterfront. The project begins during the first summer term, and culminates with an intensive design charrette, where teams present their proposals to a jury panel, during the March spring term.
The Independent Project, aka ‘Indy Project’, is a unique opportunity for participants to integrate their new learning from the AMDP with their personal aspirations in themselves, their organizations and/or their communities.
The Independent Project has the following characteristics:
- Allows the participants to step outside of her/his comfort zone and deal with more complexity and complications than in her/his day-to-day experience and practice
- Open the possibility to create something new and innovative
- “Success” depends upon the ability to integrate knowledge from different domains
The Independent Projects are individual projects, but the work will be developed in, reviewed by, and discussed in a Learning Set of three people. The learning model will be “teacher/learner”: everyone will teach and learn from the others. The Independent Project work takes place between Spring Term and Summer Term II, culminating with individual presentations during Summer Term II to classmates and faculty.
To satisfy the Elective Week requirement, participants must complete a minimum of four days of executive education programming at the Harvard Graduate School of Design by August 30, 2019. The Elective Week is intended to provide participants more in depth knowledge and expertise in topics not included in the three core AMDP terms. Common elective topics include finance fundamentals and international strategies, leadership, urban retail, hotel development, smart cities, integrated project management, walkable cities, master planning, etc.
- All Elective Week requirements must be taken with Executive Education at Harvard University Graduate School of Design (GSD) or in our joint programs with Harvard Business School and Harvard Graduate School of Education.
- The Elective Week tuition is not included in the AMDP tuition due to the variety in program options.
Who should attend
Participants come from all over the world and reflect a variety of industry sectors connected to the built environment.
The AMDP is designed for:
- Proven leaders in their field, with many years of success in leadership roles and experience
- Major property developers in regional, national, and international markets
- Senior executives in the real estate investment and property management industries
- Chiefs of public planning, economic development agencies and/or housing authorities
- Founders or partners of successful architecture practices