Winter Issue 2022 - 125

UNIVERSITY OF MARYLAND
PROGRAM TITLE AND OVERVIEW
The Master of Real Estate Development
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 degree (MRED) at Maryland embraces a comprehensive
and multi-disciplinary 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 for the old-fashioned financial bottom line,
but more broadly for 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 Master of Real Estate Development.
DUAL DEGREE PROGRAMS:
* MRED + MArch: Master of Real Estate Development & Architecture
* MRED + MHP: Master of Real Estate Development & Historic Preservation
* MRED + MBA: Master of Real Estate Development & Business Administration
* MRED + MCP: Master of Real Estate Development & Community Planning
ADMISSION AND DEGREE REQUIREMENTS
ANNUAL TUITION AND FEES
2021-2022 Academic Year Tuition:
Resident: $871 per credit
Non-Resident: $1163 (plus fees)
* A 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
64% Maryland Students
12% International
64% Men
36% Female
Average Age: 33
ADDITIONAL PROGRAM/CAMPUS DETAILS
* New Global Classroom Partnership: Affordable Housing program collaboration with the
Department of Building and Human Settlement Development at Nelson Mandela University
* 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 actively support the program and its
students
* An international perspective on real estate with a wide range of study abroad programs and global
classrooms
2022 EDUCATION PROGRAMS URBAN LAND
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Winter Issue 2022

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