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 |
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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 |
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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 |