Master of Real Estate Development (MRED)

There is no standard curriculum for the Master of Real Estate Development. Please schedule a meeting with Tanya Bansal, Director of the Real Estate Development Program to create your individualized curriculum.

Courses: To view current course offerings, visit Testudo. 

Applicants must have a bachelor's degree from an accredited institution. Those without a business or finance background must take introductory courses like Tax and Accounting, Real Estate Development Principles, and Real Estate Finance. Additional requirements are determined individually. For inquiries, contact Program Director Tanya Bansal at tbansal@umd.edu.

Apply via the graduate application website. Use application code RDEV.

Fee:

A non-refundable $80 fee is required for each program application. Payment of your application fee must be made online in order for your application to be submitted. Your application will not be processed until you pay your application fee and it is authorized.

To find out if you are eligible for an application fee waiver, please click on the following link: https://gradschool.umd.edu/feewaiverinformation

Transcripts:

Unofficial copies of transcripts from each institution, including the University of Maryland, must be attached to your application. Applicants who are admitted will be required to request that official transcripts be forwarded to the Graduate Admissions Office from each institution where undergraduate or prior graduate work was undertaken. Sealed envelopes of transcripts that meet the requirements below must be submitted. 

Transcripts must bear the signature of the registrar and the seal of the granting institution and should include the years of attendance, courses taken, grades received, class standing, and any degree, certificate, or diploma received.

Letters of Recommendation:

Three recommendations are required from professors or other unrelated individuals who can assess the applicant’s potential to succeed in this program. The online application provides an electronic recommendation form, which facilitates in most cases submission and receipt. 

Statement of Purpose:

(1000-2000 words)

Applicants must submit a statement of their goals and objectives in pursuing graduate study using the online application. The statement should address the following two questions:

• What are your reasons for undertaking graduate study at the University of Maryland, College Park? Indicate, if appropriate, any specific areas of research interest. You may wish to discuss past work in your intended field or allied fields, your plans for a professional career, or how you developed your interest in or knowledge of your chosen subject.
• What life experiences have prepared you to pursue a graduate degree at a large and diverse institution such as the University of Maryland? Among the items you might care to include would be your financial, community, and family background, whether you are the first person in your family to pursue higher education, or any other factors that you believe would contribute to the diversity of our academic community. You may also wish to give the graduate admissions committee some examples of your determination to pursue your goals, your initiative and ability to develop ideas, and/or your capacity for working through problems independently.

Resume:

Applicants must attach an up-to-date resume via the online application.

Writing Sample:

Applicants must submit a writing sample of 3-5 pages in business style writing, ideally related to real estate. This can be previous individual academic or professional work. Any confidential information should be redacted.

Applicants who are not U.S. citizens or permanent residents must submit additional documents. Updated information is available on the Graduate School International Admissions web page. Please make sure to follow all the steps specified on the Graduate School International Admissions Page.

U.S. Citizens and Permanent Resident Applications   
Spring 2026  |  Fall 2026
December 12, 2025   |  July 10, 2026

International Applicants 
Spring 2026  |  Fall 2026
September 12, 2025  |  March 13, 2026

The MRED degree is a non-standard tuition program. Please see the table below for more information.

^ Total does not include textbooks, project materials, or fees for prerequisites, required English as a second language or supplemental skills courses that may be optional or required.

+ For a breakdown of University Standard Fees check the Bursar’s site. University Fees are subject to change before the beginning of the Fall semester 2025.

* Per credit (Resident) $933
  Per credit (Non-Resident) $1,240

Apply via the graduate application website. Use application code RDEV.