The Master of Science in Real Estate Development is designed to provide real estate professionals with the knowledge essential to assume increasingly responsible leadership roles within the development industry. Areas of emphasis include real estate finance, investment analysis, project management, sustainability and economic development. The distinctiveness of this degree program lies in its multi-disciplinary curriculum, which incorporates coursework from the domains of business, engineering and public policy. Created in consultation with leading real estate development companies, the curriculum has been designed to strengthen the employment potential and upward mobility of industry professionals working in the areas of development, architecture, engineering, public planning, construction management, real estate finance, mortgage lending, property management, real estate law and related fields.
Admissions
Full eligibility and admission requirements can be viewed at the Costello College of Business website.
Policies
The 36-hour curriculum includes 21 hours of required courses and 15 hours of electives. Students are responsible for familiarization and compliance with AP.6 Graduate Policies.
All students registering for Costello College of Business graduate courses must have graduate standing. Non-degree student status is not available.
Graduate level courses offered by the Costello College of Business cannot be audited.
Degree Requirements
Total credits: 36
Required Courses
Code | Title | Credits |
---|---|---|
REAL 605 | Policy and Planning of the Built Environment | 3 |
REAL 615 | Brokerage and Market Analysis | 3 |
REAL 625 | Financial Analysis and Valuation | 3 |
REAL 635 | The Development Process | 3 |
REAL 645 | Law and Entitlements | 3 |
REAL 655 | Design and Construction | 3 |
REAL 750 | MSRED Capstone | 3 |
Total Credits | 21 |
Electives
Code | Title | Credits |
---|---|---|
Select 15 credits of electives 1 | 15 | |
Total Credits | 15 |
- 1
Electives may be selected from other REAL courses (see below) and available offerings in appropriate areas including the Schar School of Policy and Government; the Costello College of Business; the College of Engineering and Computing; the College of Humanities and Social Sciences; the College of Science; and the Carter School for Peace and Conflict Resolution.
Students wishing to choose a field for emphasis may select, with the approval of a faculty advisor, 3 elective courses (9 credits) within the field that together constitute an emphasis area. They must also then take 2 additional courses (6 credits,) outside the selected emphasis to reach the required elective total of 15 credits. With prior approval of an advisor, students may design their own emphasis. The following are examples of fields for emphasis and courses within each field which may be selected.". With prior approval of an advisor, students may design their own emphasis.
Organizational Issues Emphasis
Code | Title | Credits |
---|---|---|
Select 3 courses from the following: | 9 | |
Entrepreneurship and Economic Development | ||
Corporate Environmental Management and Policy | ||
Persuasion Theory | ||
Organizational Communication | ||
Theories of Interpersonal Communication | ||
Strategic Communication | ||
Introduction to Conflict Analysis and Resolution | ||
Business and Organizational Ethics | ||
Leadership | ||
Negotiations | ||
Real Estate Entrepreneurship | ||
Real Estate Leadership and Project Management | ||
Total Credits | 9 |
Project Feasibility Emphasis
Code | Title | Credits |
---|---|---|
Select 3 courses from the following: | 9 | |
Regional Economic Development: Strategies and Applications | ||
Topics in Transportation Policy, Operations, and Logistics | ||
Infrastructure Finance | ||
Introduction to Environmental and Resource Economics | ||
Public Infrastructure Management and Finance | ||
Multi-modal Transportation Systems | ||
Legal Aspects of the Construction Process | ||
Negotiating in Complex Systems | ||
Financing Real Estate Projects | ||
Real Estate Investments | ||
Total Credits | 9 |
Special Topics Impacting Development
The following courses may be included as electives by all students:
Code | Title | Credits |
---|---|---|
PUBP 745 | Transportation and the Environment | 3 |
EVPP 505 | Selected Topics in Environmental Science | 4 |
EVPP 670 | Environmental Law | 3 |
EVPP 533 | Energy Policy | 3 |
EVPP 635 | Environment and Society | 3 |
GGS 507 | Geographic Approaches for Sustainable Development | 3 |
PHIL 643 | Environmental Ethics | 3 |
REAL 790 | Special Topics in Real Estate | 3 |
REAL 796 | Directed Reading | 1-6 |
Bachelor's Degree (any)/Real Estate Development, Accelerated MS
Overview
The BAM pathway will provide the opportunity for prospective undergraduate students to further their education by offering a specialized accelerated program that allows them to pair fundamental real estate development skills with interdisciplinary coursework tailored to the student’s career interests.
Undergraduates may be admitted to a Bachelor's/Accelerated Master's program (BAM) and obtain a BS/BA in a chosen major and a MS in Real Estate Development (MRED) in an accelerated time frame after satisfactory completion of a minimum of 144 credits.
See AP.6.7 Bachelor's/Accelerated Master's degrees for policies related to this program.
Students in an accelerated degree program must fulfill all university requirements for the Master's degree. For policies governing all graduate degrees, see AP.6 Graduate Policies.
BAM-MS Real Estate Development Pathway Admission Requirements
Applicants to all graduate programs at George Mason University must meet the admission standards and application requirements for graduate study as specified in Graduate Admissions Policies and Bachelor's/Accelerated Master's Degree Policies. For information specific to this Accelerated Master's program, see the Costello College of Business website.
Undergraduate students will be considered for admission into the MRED BAM pathway after completion of a minimum of 60 credits, FNAN 351, and meeting all academic requirements which can be found on the Costello College of Business page.
Students who are accepted into the MRED BAM pathway will be allowed to register for graduate level courses after successful completion of a minimum of 75 undergraduate credits and all course specific prerequisites.
Accelerated Master's Admission Requirements
Students in the BAM pathway will be admitted to the MS in Real Estate Development program if they have met the unit-specific criteria found here and as verified on the Bachelor’s/Accelerated Master’s Transition form.
BAM-MS in Real Estate Development Pathway Courses
Students who are accepted into the MRED BAM pathway will be allowed to register for graduate level courses after successful completion of a minimum of 75 undergraduate credits.
To maintain the integrity and quality of both the undergraduate and graduate degree programs, undergraduate students interested in taking graduate courses choose from the following:
Advanced Standing:
Code | Title | Credits |
---|---|---|
Advanced Standing courses (up to 12 credits; grade of B- or better required): | ||
REAL 605 | Policy and Planning of the Built Environment | 3 |
REAL 615 | Brokerage and Market Analysis | 3 |
REAL 625 | Financial Analysis and Valuation | 3 |
REAL 635 | The Development Process | 3 |
Reserve Credit:
Code | Title | Credits |
---|---|---|
Reserve Credit courses (up to 6 credits; grade of B- or better is required): | ||
REAL 605 | Policy and Planning of the Built Environment | 3 |
REAL 615 | Brokerage and Market Analysis | 3 |
REAL 625 | Financial Analysis and Valuation | 3 |
REAL 635 | The Development Process | 3 |