Why MRED+U?
The Master of Real Estate Development + Urbanism (MRED+U) is an intensive, one year, interdisciplinary graduate degree designed for those ready to lead the future of the built environment. The program sits at the unique intersection of three top tier schools: Architecture, Business, and Law. This provides a holistic view of the development process that is rare in graduate education.
Two Entry Points: The program offers the flexibility to begin studies in either the Fall or the Spring semester.
Interdisciplinary Expertise: Students learn the languages of finance, law, architecture, and planning. The curriculum ensures a deep understanding of complex entitlement processes, market feasibility, and the execution of financially viable projects.
The New Urbanism Advantage: Faculty members are international leaders in sustainable, walkable, and resilient urban design. The program teaches students how to create communities that thrive.
Miami as a Laboratory: The location in one of the world's most dynamic real estate markets offers unparalleled access to real world projects, industry site tours, and an Advisory Board of 60+ industry professionals who serve as mentors.
Admissions
The program operates on the belief that the most innovative real estate projects come from teams with diverse perspectives. The admissions process is holistic, looking beyond scores to find individuals with the drive, vision, and creativity to reshape urban environments.
Who Should Apply: This degree is ideal for professionals seeking to pivot or accelerate careers and recent graduates looking for specialized training in the development cycle.
Open to All Careers: The program welcomes applicants from all professional paths. A background in architecture, finance, or a real estate related field is not required for success. The curriculum is designed to provide the necessary tools for a complete career change. Whether experience is in the arts, healthcare, technology, or any other unrelated field, every unique perspective is valued within the diverse cohorts.
Application Requirements:
- Academic Background: A bachelor's degree from an accredited institution.
- Statement of Purpose: A clear expression of professional goals and interest in the MRED+U program.
- Letters of Recommendation: Two professional or academic letters.
- Portfolio: Design applicants submit a digital portfolio of creative or architectural work. Non design applicants submit a professional portfolio highlighting career achievements or key projects.
- Transcripts: Official transcripts from all prior academic institutions.
- Finance Bootcamp: Students without a background in finance or real estate are required to complete an Online Finance Bootcamp (RED 608) prior to the start of the first semester. This ensures a successful transition into the curriculum for those coming from unrelated career fields.
Deadlines
Spring Entry: The priority application deadline is November 1.
Fall Entry: The priority application deadline is February 1.
Rolling Admissions: After the priority dates, applications are reviewed on a space available basis. We strongly encourage early submission to ensure maximum consideration for merit based scholarships.
Tuition
The MRED+U is a 36 credit professional degree program.
Cost per Credit: Tuition for the 2025 to 2026 academic year is $2,644 per credit hour.
University Fees: Students are responsible for mandatory university fees, which total approximately $683 per semester for full time graduate students.
Financial Aid: All applicants are automatically reviewed for merit based scholarships and assistantships upon submission of a complete application by the priority deadline.
Official Rates: For the most current breakdown of tuition and fees, visit the University of Miami Office of Student Accounts website.
