Curriculum

trans·dis·ci·pli·nar·y education: an all-encompassing curriculum that leverages innovative and critical thinking to transcend the traditional boundaries of academic disciplines; the future of education.

Unlike a traditional academic program, MRED organizes courses topically to align with the actual development process as it would occur in the industry, teaching critical thinking about real estate development by guiding students through the step-by-step process while integrating real-world experiences.

Integrate to Innovate

The development process involves all disciplines represented by the MRED program partners: the W. P. Carey School of Business, the Sandra Day O’Connor College of Law, the Herberger Institute for Design and the Arts and the Del E. Webb School of Construction. Leading faculty from each institution are selected to deliver this unique curriculum. The small class sizes provide the opportunity for individual attention and interaction with these elite, practicing professors.

In addition to the diverse backgrounds of the faculty, the students are surrounded by peers with various academic backgrounds and knowledge. The professional experiences of MRED candidates cover all aspects of the development industry, allowing everyone to contribute and to learn from one another in a team environment.

Real-World Application

Throughout the program, students take part in individual and team assignments as well as projects designed to reflect real-world problems and solutions. There are three formal Synthesis Projects that cover the entire spectrum of development:

  • Residential
  • Income Producing
  • High-Density Mixed-Use / Public-Private Partnership

For each synthesis project, students are placed in teams and must work together to define a solution. The projects are presented to the MRED faculty as well as a panel of industry leaders. Teams are balanced to include members of varying experiences in order to maximize the internal learning experience and mimic the actual development process. The capstone project is a high-density/mixed-use project, required by the ASU Graduate College to earn the MRED degree.

Core Course Schedule

Fall Semester
RED 502: Real Estate Valuation, Finance and Capital Markets
RED 503: Real Estate Market Analysis
RED 504: Real Estate Site Analysis, Master Planning and Design
RED 505: Land Use Law and Public Entitlement Process
RED 506: Real Estate Law for Developers
RED 507: Synthesis Project #1 Residential Development
RED 508: Real Estate Engineering and Construction
RED 584: Real Estate Development Business, Leadership and Project Management Practicum 1
RED 594: Special Topics - Capital Markets
Spring Semester
RED 509: Advanced Financial Analysis for Commercial Real Estate
RED 510: Real Estate Development Business and Project Management
RED 511: Design of the Built Environment
RED 512: Real Estate Law for Developers - Special Topics
RED 513: Advanced Real Estate Engineering, Construction Management and Sustainable Development
RED 514: Synthesis Project #2 Income Property Development
RED 515: Synthesis Project #3 Capstone Project Mixed Use Property Development
RED 594: Special Topics - Financial Decision Making
RED 680: Real Estate Development Business , Leadership and Project Management Practicum 2