I am strongly considering a return to grad school to earn a second masters in Real Estate Development (MSRED). The curriculum differs slightly depending on the university, but overall the MSRED program would be an excellent compliment to my prior education and will be a great asset in helping me reach my career goals. It would have to be on a part-time basis as I really enjoy my current career in housing development. I have the flexibility to transfer to another location since my employer has offices in several major cities across the country, so I'm trying to pick a location with a MSRED in mind. My background: B.S., Finance and Real Estate M.S., Urban and Regional Planning Graduate Certificate in Real Estate Development Four years of work experience in Real Estate, two of which are in housing development While the overall real estate market is still in the trash, the urban redevelopment market, especially in areas like NYC, is booming. There are only a handful of universities across the country that offer the MSRED degree, about a dozen or so. The MS in Real Estate degree can be very similar depending on the institution. Although, I'm trying to stay away from programs that focus too much on valuation and appraisal. I'm more interested in the legal aspects, project management and design, not just the finance. Option C would be to pursue an MBA with a concentration in Real Estate. Once again, depending on the institution, the curriculum would be very similar to what I'm looking for in the MSRED degree, just not as in depth. This is where I need some advice. I would be highly specialized with the MSRED or MS in Real Estate degree, which is exactly what I want. However, the MBA could open more doors down the road outside the real estate field, which would be a good hedge if I need to switch professions at a later date. There is an option D I am toying with, ... an interdisciplinary masters with the ability to design your own curriculum. I actually came across the concept in this thread. But I would have a very hard time justifying to myself how that would be better than an MBA. Any advice or constructive criticism would be appreciated.