The Wisconsin Ph.D. Program in real estate and urban land economics prepares individuals for careers in research and teaching at the university level. The program is highly quantitative, providing a strong foundation in financial and economic theory, as well as in mathematical statistical techniques. Through a program of elective courses and dissertation research, students specialize in particular areas of real estate economics and finance.
The department's core areas of research include urban and housing economics, housing and asset pricing, securitization and real estate capital markets, and financing and investment of commercial property. Our faculty members contribute to significant advancements in the field, as evidenced by our recently published journal articles.
In addition to meeting the UW–Madison Graduate School requirements, students should have the following:
- Three semesters of calculus, two semesters or mathematical statistics, one semester of real analysis, and one semester of linear algebra
- Introductory coursework in microeconomics and macroeconomics
- A course in real analysis is required for the program, and students are strongly encouraged to complete such a course prior to starting the program. Otherwise, it is desirable to take Analysis I in the mathematics department at the University of Wisconsin–Madison as early in the program as possible, and no later than the fall semester of the second year.
- Students are expected to audit Real Estate Finance and at least one more master's level course in real estate.