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Real Estate Development
Spencer Fox Eccles Business Building (SFEBB) 2nd Floor
Minimum Master Hours: 42
Housed in the David Eccles School of Business, the Master of Real Estate Development (MRED) program is designed for students who are looking to specialize in the real estate industry. Students come from multiple disciplines, including business, urban planning, finance, entrepreneurship, architecture, engineering, law, and many other professional backgrounds. The program is a joint venture between the David Eccles School of Business and the College of Architecture + Planning; the core courses are split between the two schools, while field area courses are allocated to the focus of the student. A unique benefit of this program is that all MRED students successfully completing their degree will also receive a Graduate Certificate in City & Metropolitan Planning. Other certificate options exist in field areas.
The MRED is a 42 semester credit program which is designed for both full time students and working professionals, and may be taken in a full-time or part-time format. The program of study consists of 42 credits in core courses and 6 elective credits from any graduate level course within the School of Business or College of Architecture and Planning. Consult the School of Business MRED web site for specific courses and scheduling.
Master of Real Estate Development degree is offered for those students whose primary interest lies in the area of real estate development, urban planning, real estate finance and sustainable design. In addition, 6 credits of elective classes allow students to add breadth to their program. Student will work with their academic advisor in selecting the appropriate electives for their goals.
The time required to complete the MRED depends upon the student’s background, employment and outside obligations. With an undergraduate degree from a business school which is nationally accredited by the AACSB, the program can be completed in one calendar year, requiring a minimum of 42 semester credit hours. Students without the pre-requisite coursework will require more time. The maximum time allowed for completion of required coursework is four consecutive calendar years.
Application is made to both the Graduate School of the University and the David Eccles School of Business for the MRED program. GMAT or GRE scores are required. Applicants should consult the School of Business web site for complete instructions.
- Bachelor’s Degree from an accredited college or university
- 3.0 minimum GPA
- GMAT/GRE Score
- TOEFL/IELTS Score (only required for international students)
- Two Letters of Recommendation
- Professional Resume
- Application Fee
- School of Business Online Application
Prerequisites. Admission requirements for the MRED program are the same as the MBA program. Students are expected to have completed the following courses (or their equivalent) prior to entering the program:
- Financial Management
- Real Estate Principles (or hold a real estate license either active or inactive)