2024 Winter Issue of Urban Land - 119

UNIVERSITY OF MARYLAND
PROGRAM TITLE AND OVERVIEW
PROGRAM CONTACT
INFORMATION
MARIA K. DAY-MARSHALL, JD, LLM
Director, Real Estate Development Program
Colvin Institute of Real Estate Development
University of Maryland
3835 Campus Drive
College Park, MD 20742
mdaymars@umd.edu
301-405-6795
The Master of Real Estate Development Program (MRED)
The Master of Real Estate Development (MRED) degree at Maryland embraces a comprehensive and
multidisciplinary approach to real estate education addressing all facets of the industry from planning
to property management, finance to construction. We educate our real estate students to develop for a
quadruple bottom line-concerned not only with the old-fashioned financial bottom line, but also more
broadly with economic viability, environmental respect, social responsibility, and beautiful and sustainable
design.
The graduate certificate of professional studies in real estate development is a degree program with the same
admission criteria as the master's program and comprises the first set of courses that students take for the
MRED.
DUAL DEGREE PROGRAMS:
* MRED + MArch: Master of Architecture & Real Estate Development
* MRED + MHP: Master of Historic Preservation & Real Estate Development
* MRED + MBA: Master of Business Administration & Real Estate Development
* MRED + MCP: Master of Community Planning & Real Estate Development
ADMISSION AND DEGREE REQUIREMENTS
ANNUAL TUITION AND FEES
2023-2024 Academic Year Tuition
Resident: $888 per credit
Nonresident: $1,186 (plus fees)
* Nonrefundable $75 fee
* Transcripts
* Letters of recommendation
* Résumé
* Writing sample
Deadlines: fall: July 18; spring: December 15
Master's: 33-42 credits
Certificate: 12-21 credits
Course requirements: Development Law, Real Estate Finance and Investment, Capstone Project, Market
Analysis, Construction Management, Planning Policy, Urban Design, Asset Management, and three electives.
Students without real estate development and finance education or experience take additional two or three
introductory courses in finance, development, and tax and accounting principles, process, and practice.
STUDENT DEMOGRAPHICS
73% currently employed
37% ethnic minorities
57% Maryland students
22% international
64% male
36% female
Average age: 33
ADDITIONAL PROGRAM/CAMPUS DETAILS
* Global Classroom Partnership: affordable housing program collaboration between the Department of
Building and Human Settlement Development at Nelson Mandela University and the University of Maryland
* Professors who are active industry professionals
* A location rich with real estate challenges-land development on the Eastern Shore, infill development in
Washington, D.C.
* A flexible and personal study program with start dates, course sequences, core requirements, and evening
classes
* A diverse student body with a broad mix of academic backgrounds, practical experience, age, gender,
ethnicity, and culture
* Involved and connected alumni at top real estate companies who actively support the program and its
students
* An international perspective on real estate with a wide range of study-abroad programs and global
classrooms
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2024 Winter Issue of Urban Land

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