2023 Winter Issue - 117

ARIZONA STATE UNIVERSITY-W.P. CAREY SCHOOL OF BUSINESS
PROGRAM TITLE AND OVERVIEW
Master of Real Estate Development
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 will 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 between 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 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 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
Resident: $39,164
Nonresident: $59,806
International: $62,430
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 MRED 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
Demographics based on estimated Fall 2022 enrollment data.
CLASS AVERAGES
Age
GPA
Work Experience
DIVERSITY
Male
Female
31
3.3
4.8 yrs
83%
17%
UNDERGRADUATE MAJOR
Business
Economics
Engineering
55%
5%
10%
Humanities/Social Sciences 20%
Science/Math
Other
5%
5%
2023 EDUCATION PROGRAMS URBAN LAND | 3

2023 Winter Issue

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