The MRED is a finance-driven, multidisciplinary program that takes a comprehensive approach to the real estate development process. Students master equity and debt structuring, and property law while tackling hands-on projects—ranging from infill sites and affordable housing to commercial real estate developments. The program concludes with an end-to-end development feasibility study, combining rigorous financial modeling with design and policy strategy for a real-world asset. Flexible path: The program is 33 to 42 credits, depending on your prior real estate education or professional experience, though neither is required to apply. If you arrive with a strong background, you can waive one or more leveling courses and move into advanced electives. Accelerated Path: 12 months (for students with prior real estate education or extensive real estate work experience); Full Time Path: 15-18 months (for students not working more than 10 hours a week); or Part Time Path: 24-60 months (for students working 20 hours or more a week who may elect to take a minimum of two and a maximum of five years to completion.)
MRED Curriculum
There is no standard curriculum for the Master of Real Estate Development. Please schedule a meeting with Tanya Bansal , Director of the Real Estate Development Program to create your individualized curriculum.
Courses: To view current course offerings, visit Testudo .
Prospective Students
Applicants must have a bachelor's degree from an accredited institution. Those without a business or finance background must take introductory courses like Tax and Accounting, Real Estate Development Principles, and Real Estate Finance. Additional requirements are determined individually. For inquiries, contact Program Director Tanya Bansal at tbansal@umd.edu .
Application Requirements
Apply via the graduate application website . Use application code RDEV.
Fee:
A non-refundable $90 fee is required for each program application. Payment of your application fee must be made online in order for your application to be submitted. Your application will not be processed until you pay your application fee and it is authorized.
Find out if you are eligible for an application fee waiver .
Transcripts:
Unofficial copies of transcripts from each institution, including the University of Maryland, must be attached to your application. Applicants who are admitted will be required to request that official transcripts be forwarded to the Graduate Admissions Office from each institution where undergraduate or prior graduate work was undertaken. Sealed envelopes of transcripts that meet the requirements below must be submitted.
Transcripts must bear the signature of the registrar and the seal of the granting institution and should include the years of attendance, courses taken, grades received, class standing, and any degree, certificate, or diploma received.
Letters of Recommendation:
Three recommendations are required from professors or other unrelated individuals who can assess the applicant’s potential to succeed in this program. The online application provides an electronic recommendation form, which facilitates in most cases submission and receipt.
Statement of Purpose:
(1000-2000 words)
Applicants must submit a statement of their goals and objectives in pursuing graduate study using the online application. The statement should address the following two questions:
| QS 综合 | 院校 | 学制 | 学费 |
|---|---|---|---|
| 第 1 位 | 麻省理工学院Massachusetts Institute of Technology | 一年 | 57,590美元 |
| 第 49 位 | 加州大学洛杉矶分校University of California, Los Angeles | 11个月 | 85,000美元 |
| 第 58 位 | 纽约大学New York University | 13个月 | 49,006 美元 |
| 第 87 位 | 悉尼科技大学University of Technology Sydney | 1.5年 | 42640澳元/年 |
| 第 153 位 | 南加州大学University of Southern California | 44学分 | 91,800 美元 |
| 第 1001 位 | 福德汉姆大学Fordham University | 36学分 | 1，451美元/学分 |