Why Combined Bachelors/Masters Program?
Cost Savings on Tuition
Take up to nine graduate-level credits during your undergraduate studies at undergraduate tuition rates.
Accelerated Degree Completion
Finish both your undergraduate and graduate degrees in as little as five years.
Enhanced Career Prospects
Stand out in the job market with an advanced degree in real estate development.
Combined Bachelor's / Master’s Program in Real Estate Development
Through the combined undergraduate and graduate program in Real Estate Development, students in the Bachelor of Real Estate in Built Environment (REBE) and Bachelor of Arts in Architecture Programs can take up to three courses during their senior year to significantly accelerate their path to earning a Master in Real Estate Development (MRED). Traditionally known as a 4+1 program, this specialized degree helps students acquire in-depth knowledge and practical skills from a top-tier real estate development program and expertise in areas like construction management, materials and methods and negotiations. The program's industry connections give you a competitive edge in fields such as development, construction management and real estate finance.
The combined bachelor's / master's program is available to students enrolled in either the Bachelor of Real Estate in the Built Environment or the Bachelor of Arts in Architecture Programs. See below for full eligibility requirements.
Curriculum
Sample Curriculum
Courses: To view current course offerings, visit Testudo.
| Year | Fall | Spring |
|---|---|---|
| YEAR 1 | ||
| ARCH 170 (DSHU) or ARCH 171 (DSSP) | ARCH 225 (DSHU) | |
| MATH120 or 140 (FSMA, FSAR) | ARCH 200 | |
| ENGL 101 (FSAW) | PHYS121 (DSNL) | |
| General Elective | History/Social Sciences (DSHS) | |
| UNIV 100 | Scholarship in Practice (DSSP) Non-Major | |
| YEAR 2 | ||
| ARCH 201 | ARCH 400 | |
| ARCH 226 (DSHU) | ARCH 463 | |
| ARCH 300 | General Elective [ARCH 271/RDEV 250 Real Estate Minor]+ | |
| ARCH 462 | General Elective [RDEV 270 Real Estate Minor]+ | |
| Natural Science (DSNS) | History/Social Sciences (DSHS) | |
| YEAR 3 | ||
| ENGL39X (FSPW) | ARCH Elective | |
| ARCH Elective [RDEV 350 Real Estate Minor]+ | ARCH Elective | |
| ARCH Elective | ARCH Elective | |
| ARCH Elective | General Elective [RE Minor Program Approved Elective]+ | |
| General Elective [RDEV 450 Real Estate Minor]+ | ||
| YEAR 4 | ||
| ARCH/Directed Elective | ARCH/Directed Elective | |
| ARCH Elective | ARCH Elective | |
| Oral Communication (FSOC) | General Elective (Graduate RDEV Course Double Counted for MRED)* | |
| General Elective (Graduate RDEV Course Double Counted for MRED)* | General Elective | |
| General Elective (Graduate RDEV Course Double Counted for MRED)* | General Elective |
+ The five courses required for those undergraduate students taking the undergraduate Real Estate Minor as well as a B.A. with a Major in Architecture.
* Double Counted Courses for Path A and Path B as detailed below.
PATH A Combined Program:
RDEV Graduate Courses to be Doubled Counted for those BA ARCH students not enrolled in the real estate minor.
RDEV 600 Introduction to Principles and Process of Real Estate DevelopmentRDEV 603 Introduction to Real Estate FinanceRDEV 605 Tax and Accounting for Real Estate Development
PATH B Combined Program:
RDEV Graduate Courses to be Doubled Counted for BA ARCH students who are taking the 5 real estate courses above that constitute the undergraduate real estate minor.
RDEV 610 Development Law RDEV 615 Planning, Policy and Politics RDEV 670 Negotiations
To take courses in Year 5, students must be enrolled in the MRED degree program and should have completed the ARCH major requirements.
| Year / Path | Term | Course |
|---|---|---|
| YEAR 5 - Path A (Without RE Minor) | FALL | RDEV 620 Market Analysis |
| RDEV 630 Finance | ||
| RDEV 660 Commercial Leasing** | ||
| RDEV 689D Affordable Housing or RDEV Elective | ||
| WINTER | RDEV 689L Risk Management or RDEV Elective | |
| SPRING | RDEV 689F Advanced Finance** | |
| RDEV 615 Planning Policy | ||
| RDEV 650 Construction Mgmt | ||
| RDEV 610 Development Law | ||
| SUMMER (I & II) Semester | RDEV 690 Capstone | |
| YEAR 5 For Path B (With RE Minor) | ||
| FALL | RDEV 620 Market Analysis | |
| RDEV 630 Finance | ||
| RDEV 660 Commercial Leasing** | ||
| RDEV 689D Affordable Housing or RDEV Elective | ||
| WINTER | RDEV 689L Risk Management or RDEV Elective | |
| SPRING | RDEV 689F Advanced Finance** | |
| RDEV 689R Retail Asset Management or RDEV Elective | ||
| RDEV 650 Construction Mgmt | ||
| RDEV 689P Entrepreneurship or RDEV Elective | ||
| SUMMER (I & II SEMESTER) | RDEV 690 Capstone |
600 level RDEV Electives can be taken as approved by the program
** Or other courses that meet the cognate requirement.
Admissions
Eligibility Requirements
- Must be a REBE or ARCH BA major
- Must be a Junior or Senior (Over 60 hours completed)
- Must have completed at least two (2) semesters at UMD
- Must have a 3.0 or higher overall GPA
Application Process
1. Students in the B.A. Architecture, or B.A. REBE attend a combined information session
2. Meet with your academic advisor to review your 4-year plan
3. Complete the Combined Application Form and submit.
4. Meet with the Program Director to review the Combined curriculum and get a letter of acceptance.
5. Submit a Combined Bachelor's/Master's Degree Form before taking graduate classes as an undergraduate.
6. Apply to the MRED program during your final semester as an undergrad. Please note that the graduate school makes all final decisions on admission to the MRED program. Acceptance to the 4+1 program does not guarantee admission to the graduate school.
Contact the Real Estate Development Program
Tanya Bansal, Director, Real Estate Development Program: tbansal@umd.edu
Ashley Skipper, Program Coordinator, Real Estate Development Program: askipper@umd.edu.