Real Estate Development, MRED
finance, housing, marketing, mred, red
In only nine months, you'll learn how to navigate sustainable, responsible and innovative real estate development projects. Through small classes, team-based learning and individualized attention every step of the way, your W. P. Carey experience will be distinctly your own.
In the Master of Real Estate Development program, you participate in group projects focused on real estate development in a collaborative class environment. You learn to address the physical, legal, economic, political and financial conditions of property in order to find solutions and complete 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.
- College/school:
W. P. Carey School of Business
- Location: Tempe
- STEM-OPT extension eligible: No
This video provides an overview of the Real Estate Development, MRED degree program at ASU.
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:
36 credit hours including the required capstone course (RED 515)
While there are no business course prerequisites, potential students must demonstrate strong quantitative ability and effective written and oral communication skills. The program is offered in an intense format that spans two semesters. Students take required core course modules in a variety of formats, including: The business school does not accept graduate credits earned while students are in nondegree status or from courses taken before admission to the program or while enrolled in a program outside the W. P. Carey School of Business. There is no foreign language requirement. There is no thesis requirement. All students must successfully complete the final synthesis project established by the W. P. Carey School and the Graduate College for the MRED. The comprehensive culminating experience is integrated with RED 515 Synthesis Project #3 Capstone Project Mixed-Use Property Development. Students must pass this course with a grade of "B" (scale is 4.00 = "A") or higher to satisfy the culminating experience requirement.
General university admission requirements:
All students are required to meet general
university admission requirements.
U.S.
applicants | International
applicants | English
proficiency
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 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
Additional Application Information
An applicant whose native language is not English must provide proof of English proficiency regardless of their current residency.
The letter of recommendation should comment on the student's motivation, commitment, achievements, work experience and likely success in the program.
Complete application instructions may be obtained from the department's website.
| Session | Modality | Deadline | Type |
|---|---|---|---|
| Session A/C | In Person | 07/01 | Final |
Graduates have the essential academic preparation needed to pursue professional careers in corporate finance, risk management, money management, financial planning, investment banking, consulting and real estate.
Career examples include:
- financial analyst
- real estate broker
- real estate manager
- regional planner
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.
WPC Graduate Programs
|
MCRD 350
wpcareymasters@asu.edu
480-965-3332
Admission deadlines
Program term definitions
Accelerated programs allow students the opportunity to expedite the completion of their degree.
Accelerated master's
These programs allow students to accelerate their studies to earn a bachelor's plus a master's degree in as few as five years (for some programs).
Each program has requirements students must meet to be eligible for consideration. Students typically receive approval to pursue the accelerated master's during the junior year of their bachelor's degree program. Interested students can learn about eligibility requirements and how to apply.
Concurrent degrees allow students to pursue their own personal or professional interests, earn two distinct degrees and receive two diplomas. To add a concurrent degree to your existing degree, work with your academic advisor.
Joint programs, or jointly conferred degrees, are offered by more than one college and provide opportunities for students to take advantage of the academic strengths of two academic units. Upon graduation, students are awarded one degree and one diploma conferred by two colleges.
ASU adds new programs to Degree Search frequently. Come back often and look for the "New Programs" option.
ASU Online offers programs in an entirely online format with multiple enrollment sessions throughout the year. See https://asuonline.asu.edu/ for more information.
The Western Regional Graduate Program (WRGP) provides a reduced tuition rate to non-resident graduate students who qualify. Visit the WRGP/WICHE webpage for more information: https://graduate.asu.edu/wiche.

