As reported recently by the Wall Street Journal, "Real Estate is the New Dotcom" at many business schools. What is driving the interest in real estate among business school students? The obvious reason is the recent boom in real estate prices. Also, MBA talent is in high demand at many real estate companies.

Below are some common careers pursued by those studying for a real estate MBA:

• Real estate development

• Consulting

• Real estate finance

• Investment management

Below are some common classes taken by those pursuing a real estate MBA:

• Real estate capital markets

• Real estate transactions

• Real estate finance

• Real estate law

• Real estate policy