2024 Winter Issue of Urban Land - 95

ARIZONA STATE UNIVERSITY-W. P. CAREY SCHOOL OF BUSINESS
PROGRAM TITLE AND OVERVIEW
Master of Real Estate Development (MRED)
PROGRAM CONTACT
INFORMATION
GRADUATE PROGRAMS
McCord Hall
450 E. Lemon St.
Suite 150
Tempe, AZ 85287-4906
480-965-3332
wpcareymasters@asu.edu
In only nine months, the W. P. Carey Master of Real Estate Development (MRED) program prepares you for the
business of real estate. You'll learn to lead real estate development projects that are environmentally respectful,
socially responsible, and artfully designed. And engagement with motivated classmates, esteemed faculty, industry
organizations, and deeply connected MRED alumni will expand your professional network and open the door to future
opportunities.
The MRED program is a transdisciplinary partnership among four highly regarded schools within Arizona State
University:
* The W. P. Carey School of Business
* The Sandra Day O'Connor College of Law
* The Herberger Institute for Design and the Arts
* The Del E. Webb School of Construction
The MRED brings together all four disciplines, giving you a well-rounded real estate development education-
providing new perspectives and strengthening your decision-making skills. Three formal MRED synthesis projects
cover the entire spectrum of development, from residential to mixed use. Each synthesis project is presented to and
evaluated by industry leaders and MRED faculty, providing you with indispensable feedback.
In addition to the credibility of earning a transdisciplinary ASU master's degree, a recent $15 million investment by
the W. P. Carey Foundation in career services will provide you with more opportunities to meet with a broader range of
employers and have better access to career coaching and tools to help you succeed in your career.
ANNUAL TUITION AND FEES
MRED estimated tuition and fees*
Resident: $39,640
Nonresident: $61,554
International: $64,308
*NOTE: All amounts shown in the
Tuition and Fees Schedules or in
other university publications or
webpages represent tuition and fees
as currently approved. However,
Arizona State University reserves the
right to increase or modify tuition
and fees without prior notice, upon
approval by the Arizona Board of
Regents or as otherwise consistent
with board policy, and to make such
modifications applicable to students
enrolled at ASU at that time as well as
to incoming students. In addition, all
tuition amounts and fees are subject
to change at any time for correction
of errors. Finally, please note that fee
amounts billed for any period may be
adjusted at a future date.
DEGREE REQUIREMENTS
Develop your critical thinking about real estate development. In the nine-month, 16-course Master of Real Estate
Development program, you will learn side-by-side with peers from various backgrounds, deepening your
understanding of the development process.
ADMISSION REQUIREMENTS
To complete the ASU online application, you will need to provide the following information:
1. Personal info: contact details, birth date, citizenship, Social Security number
2. Résumé: Current résumé must include positions held and clearly indicate dates of employment in month/year
format.
3. Admission essay: The admission committee would like to learn more about you, your background, and your
goals. These short essay questions help us evaluate applicants beyond the black and white of test scores and
GPA requirements. Personal statements will not be accepted and will delay the review of the application. Your
essay prompts are available in the graduate application.
4. Recommender(s) contact information: name, affiliation, and work email address of an individual who can answer
questions about your personal qualities, professional success, career aspirations, and ability to perform in a
graduate program
5. Application fee: $70 domestic students; $115 international students
Applications will not be processed until the fee is received, and fees are nonrefundable.
In addition to the above materials, official transcripts and test scores must be submitted to ASU Graduate Admissions.
International students may also need to submit proof of English proficiency.
STUDENT DEMOGRAPHICS
CLASS AVERAGES
Age 30
GPA 3.3
Work Experience
4.5 yrs
DIVERSITY
Male 82%
Female 18%
Demographics based on Fall 2022 enrollment data.
UNDERGRADUATE MAJOR
Business 64%
Economics 5%
Engineering 9%
Humanities/Social Sciences 13%
Science/Math 9%
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2024 Winter Issue of Urban Land

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