Pratt's 50-credit Master of Science in Facilities Management, accredited by the International Facility Management Association (IFMA), is offered evenings at Pratt's Manhattan campus.
What is Facilities Management?
Facilities Management is a profession charged with providing and maintaining an appropriate built environment for all types of organizations. Facilities Managers represent an organization’s interests with respect to the facility assets. They translate the strategic and human requirements of the organization into facilities master plans; they identify optimal real estate investments; they manage real estate transactions and capital construction project; they enhance the organization’s productivity and staff satisfaction through efficient building operations and maintenance; and they provide the necessary facility support services to optimize organizational performance.
Facilities Management applies general management competencies (strategy, planning, leadership, communication, finance, accounting, law) to facility-related subject areas such as corporate real estate, real property management, fixed asset management, planning, design and construction, facilities valuation and audits, space management, property management, maintenance, operations, and services management. The Facility Manager integrates all facets with focus on profitability, environmental sustainability, and social responsibility.
Who studies Facilities Management?
Facilities Managers come from a wide range of backgrounds such as business, architecture, planning, interior design, real estate, or engineering, but many of our students come from entirely different fields, such as management, finance, the humanities, psychology, and others. Due to their diverse backgrounds and experience, graduates are able to manage a range of facilities for fashion designers, businesses, hotels, universities, museums, hospitals, residences, non-profits, transportation systems, or government agencies.
Who employs Facilities Managers?
Every company and organization has a Facilities Management function, and due to the nature of the industry and the size of the organization, this function may be labeled variously “Corporate Real Estate,” “Property Management,” “Asset Management,” or “Office Management.” Additionally, many organizations outsource facility functions to Facilities Service Provider which in turn creates whole corporations that service a parent company. Consequently, our graduates have a wide range of opportunities to choose from. Facilities Management jobs are growing in number. Due to the advances in building systems, corporation aided facility management systems, and smart building, the facility manager needs to be both technically savvy and computer literate in building management software.
Prospective students of the Pratt Institute Facilities Management Program are always welcome to drop by on the first Tuesday of each month from 5–7 PM during the fall and spring semesters and meet the Chair. RSVP preferred, contact [email protected].
Programs for Sustainable Planning and Development
As part of the Programs for Sustainable Planning and Development (PSPD), the Pratt Facilities Management Program is unique in its opportunity for enriched study, potentially leading to careers in real estate development, as well as expertise in sustainability and preservation.