Program Overview
Real Estate Development, MRED
The Master of Real Estate Development (MRED) program is designed to provide students with the knowledge and skills necessary to navigate sustainable, responsible, and innovative real estate development projects. This transdisciplinary program is a partnership with the Sandra Day O'Connor College of Law, the Herberger Institute for Design and Arts, and the Del E. Webb School of Construction.
Program Description
In only nine months, students will learn how to address the physical, legal, economic, political, and financial conditions of property in order to find solutions and complete projects. The program includes small classes, team-based learning, and individualized attention every step of the way.
At a Glance
- College/school: W. P. Carey School of Business
- Location: Tempe
- STEM-OPT extension eligible: No
Concurrent Program Options
Students can choose to create their own concurrent degree combination to match their interests by working with their academic advisor during or after their first semester of study. Some concurrent combinations are not possible due to high levels of overlap in curriculum; students should speak with their academic advisor for more details. This degree is also offered as a concurrent program with the following:
- Legal Studies, MLS
Degree Requirements
The program requires 36 credit hours, including the required capstone course (RED 515). There are no business course prerequisites, but potential students must demonstrate strong quantitative ability and effective written and oral communication skills. The program is offered in an intense format that covers two academic semesters, with required core course modules in a variety of formats, including:
- Comprehensive module exams to assess aggregate knowledge
- Face-to-face classroom instruction
- Group work
- Independent research
- Synthesis projects
- Topical quizzes
- Weekly assignments
Admission Requirements
- General university admission requirements: All students are required to meet general university admission requirements.
- Applicants must fulfill the requirements of both the Graduate College and the W. P. Carey School of Business.
- Applicants are eligible to apply to the program if they have earned a bachelor's or master's degree in any field from a regionally accredited institution.
- Applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in the last 60 hours of their first bachelor's degree program, or applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in an applicable master's degree program.
- All applicants must submit:
- Graduate admission application and application fee
- Official transcripts of all coursework completed at institutions other than ASU
- One letter of recommendation
- Current resume
- Responses to short answer questions
- Proof of English proficiency
Tuition Information
When it comes to paying for higher education, everyone’s situation is different. Students can learn about ASU tuition and financial aid options to find out which will work best for them.
Application Deadlines
- Fall:
- Session A/C: In Person, Deadline: 07/01, Type: Priority
Career Opportunities
The MRED program includes the essential academic preparation for students who are interested in pursuing professional careers in corporate finance, risk management, money management, financial planning, investment banking, consulting, or real estate. Career examples include:
- Financial analyst
- Real estate broker
- Real estate manager
- Regional planner
Professional Licensure
ASU programs that may lead to professional licensure or certification are intended to prepare students for potential licensure or certification in Arizona. Completion of an ASU program may not meet educational requirements for licensure or certification in another state. For more information, students should visit the ASU professional licensure webpage.