The Iowa State University Master of Real Estate Development (MRED) program — the first in the Midwest— was approved by the Board of Regents, State of Iowa, on Thursday, June 6, and launches in August 2019.
This program is an interdisciplinary, professional degree developed by the College of Design and Ivy College of Business. It is offered in a blended format of online courses and brief campus residencies, ideal for the full-time working professional. The idea for this program arose in response to strong interest expressed by Iowa State University stakeholders and alumni. A real estate taskforce consisting of faculty from both colleges worked closely with Iowa State alumni and senior management at several real estate investment and development firms, as well as financial services, to create the proposed curriculum and delivery method.
The Iowa State program is among the few national programs that incorporate a multidisciplinary approach, making it a unique opportunity. Students will receive graduate-level training in real estate market analysis, business finance, fundamentals of the built environment, and urban planning with an emphasis on current trends and innovations. The program will engage with industry to facilitate a novel curriculum and guest speakers. Students will participate in a capstone project and will develop a working relationship with Iowa State faculty as well as alumni in the real estate development and investment industries.
For more information, please contact Nick Sloan, Assistant Director of Graduate Recruitment.
The program, which can be completed in 21 months, is especially suited for professionals with work experience in a real estate-related field. GRE and GMAT are not required.
- Coursework only degree
- 21 months from start to finish
- 33 credit hours of cohort-based learning
- Eight courses are online distance courses delivered asynchronously, and three courses are taught in a one-week, campus residency format and synchronous, as prescribed below
- Ten required core courses and an elective selected from either the College of Design or the Ivy College of Business
- Of the ten core courses, three are core competency courses, one of which may be waived at the discretion of the Director of Graduate Education if a student has had previous extensive undergraduate or graduate coursework in that field
|Required Core Courses (30 credits)||Credits||Delivery|
|Real estate law||3||Online|
|Real estate development||3||Online|
|Sustainable community development||3||Online|
|Real estate investments||3||Online|
|Real estate finance*||3||Online|
|Real estate market analysis||3||On-campus|
|Leadership and conflict resolution||3||On-campus|
|Architecture and sustainable design*||3||Online|
|Construction basics, building systems and project management*||3||Online|
|MRED Capstone Project||3||On-campus|
|Sample Elective Courses (3 credits)|
|Financing historic preservation and revitalizing communities||3||Online|
|Real estate securitization and portfolio management||3||Online|
|*Signifies a core competency|