Masters in Real Estate Development (MRED) - (W.P. Carey School of Business)

Tempe

 

INTAKE: August

Program Overview

The Masters in Real Estate Development program at Arizona State University's W.P. Carey School of Business is designed for individuals aspiring to excel in the complex and dynamic field of real estate. Through a comprehensive curriculum, expert faculty guidance, and innovative learning methods, students gain the knowledge and skills necessary for successful careers in real estate development. The emphasis on practical experience, including live projects and site visits, ensures graduates are well-prepared for the challenges of the industry. With a strong focus on networking and career support, this program opens doors to diverse opportunities within the real estate sector.

Curriculum:

  1. Holistic Curriculum: The MRED program offers a holistic curriculum covering key facets of real estate development, including finance, market analysis, project management, and legal aspects. Students gain a well-rounded understanding of the industry, preparing them for leadership roles.

  2. Expert Faculty: Learn from a distinguished faculty comprising seasoned professionals and scholars with extensive experience in real estate development. Benefit from their insights, mentorship, and industry connections, ensuring a practical and up-to-date education.

  3. Innovative Learning Approaches: The program employs innovative learning approaches, combining traditional classroom teaching with hands-on projects, case studies, and site visits. This ensures that students not only grasp theoretical concepts but also apply them in real-world scenarios.

  4. Practical Experience: The curriculum emphasizes practical experience, offering students the opportunity to work on live development projects. This experiential learning fosters the application of theoretical knowledge, equipping graduates with the skills demanded by the dynamic real estate industry.

  5. Networking and Career Support: Arizona State University's extensive alumni network and the W.P. Carey School of Business's strong industry connections provide unparalleled networking opportunities. Additionally, career support services assist students in securing internships and job placements, enhancing their professional growth.

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Location

Tempe

Pollster Education

Score

IELTS: 6.5

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Tuition Fee

USD 60738

The university has specific entry requirements for international students applying to postgraduate programs. 

  1. Academic Requirements:

    • For postgraduate programs at ASU, international students should have a minimum undergraduate GPA of 3.0 on a 4.0 scale or equivalent. This is typically equivalent to 70% and above.
       
  2. English Language Proficiency:

    • For most postgraduate programs, a minimum overall IELTS score of 6.5 is required, with no band score less than 6. 
    • The minimum TOEFL iBT (internet-based test) score required is 90.
    • PTE (Pearson Test of English) with a minimum score of 68
    • DET (Duolingo English Test) with a minimum score of 125.

The University of Arizona State University (ASU) is a renowned public research university located in the United States. 

  1. Merit-based Scholarships: ASU offers a range of merit-based scholarships to international students based on their academic achievements. These scholarships recognize outstanding academic performance, leadership potential, and extracurricular involvement. Examples of merit-based scholarships include the New American University Scholarship, President's Scholarship, and Provost's Scholarship.

  2. International Excellence Awards: ASU provides International Excellence Awards to exceptionally talented international students. These awards are highly competitive and are based on criteria such as academic achievements, contributions to the community, and potential for future success. The International Excellence Awards are available at both undergraduate and graduate levels.

  3. Financial Need-based Scholarships: ASU also offers scholarships to international students based on their financial need. These scholarships aim to provide financial assistance to deserving students who may require additional support to pursue their education. Students are required to demonstrate their financial need through appropriate documentation.

  4. Departmental Scholarships: Many departments and colleges within ASU offer scholarships specific to their academic disciplines. These scholarships are designed to support students pursuing studies in particular fields of study. Students should inquire directly with their respective departments or colleges to explore scholarship opportunities related to their area of interest.

  5. External Scholarships: ASU encourages international students to explore external scholarship opportunities from government agencies, foundations, corporations, and other organizations. The university provides resources and guidance to assist students in identifying and applying for external scholarships that may be available to them.

It's important to note that scholarship availability, eligibility criteria, and application processes may vary. Students should review the specific requirements and deadlines associated with each scholarship opportunity and prepare their applications accordingly.

Individuals seeking a career in real estate development will find the Masters in Real Estate Development (MRED) program at Arizona State University to be a transformative pathway. With a curriculum tailored to industry needs, graduates emerge with a strategic skill set, including financial modeling and project management. The program's emphasis on experiential learning, internships, and practical experiences provides a hands-on understanding of the real estate market. Networking opportunities abound, facilitated by the university's extensive alumni network and industry partnerships. Graduates are well-prepared for diverse career paths, ranging from project management to entrepreneurship.

  1. Strategic Skill Development: The MRED program is meticulously designed to equip students with a robust skill set essential for success in real estate development. Graduates emerge with proficiency in financial modeling, market analysis, project management, and a deep understanding of real estate law and regulations.

  2. Industry-Relevant Curriculum: The curriculum is crafted in collaboration with industry experts to ensure its alignment with current trends and demands. Students engage with real-world case studies, simulations, and hands-on projects that mirror the complexities of the real estate market.

  3. Networking Opportunities: Arizona State University's extensive alumni network and strategic partnerships with industry leaders provide MRED students with unparalleled networking opportunities. Networking events, guest lectures, and industry conferences facilitate connections with professionals, potentially leading to internships and job placements.

  4. Internship and Practical Experience: The program emphasizes experiential learning through internships and practical experiences. Students have the chance to work on actual development projects, gaining insights into the day-to-day challenges and opportunities within the real estate industry.

  5. Diverse Career Paths: Graduates of the MRED program are well-positioned for diverse career paths within real estate development. They may pursue roles as project managers, real estate analysts, urban planners, or even venture into entrepreneurship by launching their development projects.


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