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The Paul Rubacha Department of Real Estate

Jointly led with the Cornell SC Johnson College of Business

Empowering future leaders of the real estate industry to drive positive change for society, the economy, and the planet. 

The jointly led Paul Rubacha Department of Real Estate is rooted in a mutual understanding that real estate education and practice are both multidisciplinary and multiscalar, encompassing finance and development, governance and economic policy, and the built environment.

Real estate — and the many different relationships within the field that make it such a powerful force — is not only a critical component of the built environment, it is the built environment. At Cornell, students and faculty come together to better understand the complex and changing needs of our cities and communities that push the industry to evolve, innovate, and adopt perspectives from across a broad spectrum of expertise and practice.

Cornell’s Baker Program in Real Estate prepares professionals with a comprehensive, multidisciplinary, and flexible master’s degree.

  • #1

    Largest Full-time Real Estate Faculty in US

  • 100%

    Graduates Receiving Job Offers

  • 5+

    Real Estate Discipline Perspectives

Student 
Experience

$30 Million from Paul Rubacha Gift Names Department of Real Estate

This is an opportunity for me to say thanks to the university for much of what it’s done for me, professionally and personally. And I hope that by doing this, it will further strengthen the real estate education program at the university, and provide similar opportunities for scores of other students going forward.

Paul Rubacha
’72, M.B.A. ’73

Master of Professional Studies in Real Estate

The Baker Program in Real Estate

  1. aerial view of campus with NYC skyline across the river

    Optional Second Year in NYC

    Students have the option to spend their second year in the program based in New York City, providing them with valuable hands-on learning opportunities and perspectives gleaned directly from industry professionals.

  2. students discussing a model city

    The +1 Pathway

    Strong Cornell students from across all majors at the university can fulfill the first year of the master’s program while still an undergraduate.

  3. Architectural model of city buildings

    STEM-Designated Real 
Estate Curriculum

    Recognizing the analytical nature of the degree while allowing international students to remain in the United States for up to three years of optional professional training.

At Cornell, we see real estate students as the next generation of leaders in the field. Thanks to the tremendous vision of our departmental and cross-college leadership, more students now have access to opportunities in and outside of the classroom to engage and shape this massively important, ever-changing industry.

Richard Baker 
’88

Latest News and Events

Stories Cornell’s Baker Program in Real Estate Offers New Opportunities for Students, Including NYC Study Option

New York City street with brick building and passing vehicles

Recently confirmed developments include plans for hands-on study in New York City, an accelerated path to a master's degree, and the benefits of a STEM-designated program.

Stories Cornell Student Entrepreneurs Take First Place at Kellogg Real Estate Venture Competition

Students standing on stage holding a symbolic prize check

An interdisciplinary architecture and real estate graduate student team took home Cornell's first-ever top prize in the competition's history this spring.

In the Media Institutional Real Estate Allocations Drop, Rebound Expected

Law360 — Cornell University's Baker Program in Real Estate co-authored a survey report on institutional real estate allocations and investment trends.

Stories Cornell AAP to Launch First New York City-based High School Summer Program

A person presents an architectural model on a table while other people watch them.

Cornell AAP recently announced an opportunity for rising high school juniors and seniors to join City Visionaries, the newest addition to the Gensler Family AAP NYC Center's (AAP NYC) immersive slate of New York City-based programs.

AAP Engagement Impact Grant Virtual Informational Sessions

a white banister with light filtering through

Attend an informational session about the AAP Engagement Impact Grants available to faculty and students in spring 2026.

Stories Gensler Family AAP NYC Center Opens Doors, Possibilities on Cornell Tech Campus

After a decade at 26 Broadway in Lower Manhattan, the center's move to Roosevelt Island affords new opportunities for connection and collaboration.