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University of California, Berkeley

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California

United States

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Program Rank

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3

Embark on an enriching journey towards a transformative career with the Masters in Real Estate Development + Design at the prestigious University of California, Berkeley. This program is meticulously crafted for aspiring professionals who wish to excel in the dynamic fields of real estate development and urban design. With a comprehensive curriculum that interlaces theoretical knowledge with practical skills, students will learn to navigate through complex urban environments and enhance their capability to create sustainable, innovative, and socially responsible real estate solutions. The program spans over 12 months, with a strategic focus on real-world application, enabling students to effectively tackle contemporary challenges in urban development.

At the core of the program lies a robust curriculum that covers essential topics such as real estate economics, project management, urban design principles, and investment analysis. Students will engage in courses like Real Estate Finance, where they will understand the financial intricacies of property investments; Urban Design Theory, which instills an appreciation for aesthetic and functional public spaces; and Development Processes, which provides insights into the regulatory environment governing real estate. The integration of hands-on projects and collaborative workshops prepares students to approach real estate challenges with a multifaceted perspective.

The faculty members of this program are industry leaders and seasoned academics who bring a wealth of experience and knowledge to the classroom. Their diverse backgrounds span various sectors within real estate, urban planning, and environmental design. The teaching methodology emphasizes experiential learning, encouraging students to engage in critical thinking, practical problem-solving, and innovative design solutions. With a focus on collaboration and active participation, students are inspired to push boundaries and explore new paradigms in real estate development.

The program also offers extensive research opportunities and resources, including access to the Berkeley Real Estate Program and the Institute of Urban and Regional Development. Students can engage in groundbreaking research projects that shape the future of urban spaces and contribute to community development. These initiatives not only enhance academic knowledge but also provide pathways to publish findings and present at conferences, thereby enriching the student experience.

Furthermore, the Masters in Real Estate Development + Design fosters invaluable industry connections and internship possibilities. The program collaborates closely with leading real estate firms, urban planning agencies, and design consultancies, offering students opportunities to gain hands-on experience through internships and live projects. These connections often lead to lucrative career placements, with graduates finding roles as Real Estate Analysts, Managers, Developers, and more, enjoying an average base salary of $110,000.

Alumni of the program have achieved remarkable success across various sectors within real estate. Graduates have gone on to hold prominent positions in renowned firms, showcasing their talents in urban development and design. Testimonials from alumni highlight their transformative experiences, crediting the program for equipping them with the necessary skills and network to thrive in competitive environments. The supportive alumni community further provides ongoing mentorship and networking opportunities, ensuring that graduates remain connected to the evolving real estate landscape.

Why Study Masters in Real Estate Development+Design at University of California, Berkeley?

  • Top-tier Education: Ranked among the best in the nation, UC Berkeley’s College of Environmental Design offers a rigorous academic experience guided by knowledgeable faculty with industry expertise.
  • Innovative Curriculum: The program’s hands-on approach combines theory with practical application, allowing students to tackle real-world challenges effectively.
  • Research Opportunities: Gain access to cutting-edge research facilities and projects, enabling you to contribute to the field and expand your academic knowledge.
  • Industry Connections: With a robust network of industry partners, students benefit from internship opportunities that often translate into full-time positions upon graduation.
  • Diverse Alumni Network: Join a thriving community of successful alumni who provide mentorship and networking opportunities, helping you build a successful career in real estate.

The admissions process for the Masters in Real Estate Development + Design program is designed to assess not only academic credentials but also the passion and potential of the applicants. Candidates are expected to possess a minimum GPA of 3.0 on a 4.0 scale from a recognized institution. Additionally, applicants must have completed at least 16 years of education, culminating in a bachelor’s degree. The program also requires a variety of application documents, including transcripts, a statement of purpose, a resume, and letters of recommendation from both academic and professional references.

Prospective international students must submit English proficiency test scores, with a minimum IELTS score of 7.0 or a TOEFL score of 100. The application fee is set at $155, and there are two critical deadlines for submission: the priority deadline on November 15, 2024, and the final deadline on January 15, 2025. By meeting these requirements, applicants can take a significant step towards a fulfilling career in real estate development.

In conclusion, the Masters in Real Estate Development + Design at UC Berkeley is not just a degree; it's a transformative experience that prepares students to become innovative leaders in the field of real estate. With a commitment to sustainability, creativity, and social responsibility, graduates leave the program as competent professionals ready to make a meaningful impact in shaping urban environments.

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Total Tuition Fees

$85,000

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Duration

12 Months

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Median Salary

$1,10,000

Ranking

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#4

US World and News Report

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Intake

Summer ( July - Sept )

Class Profile

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Class Size

35

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Average Age

26

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Average Work Experience

2 Years

Diversity

Others:

10%

United States:

35%

International:

25%

California:

30%

Career Outcomes

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Median Earnings After Graduation

$1,10,000 / year

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Graduation Rate

92%

Prospective Job Roles

Real Estate Analyst

Real Estate Manager

Real Estate Salesperson

Real Estate Appraiser

Real Estate Consultant

Virtual Reality Developer

Real Estate Technologist

Real Estate Agent

Real Estate Developer

Real Estate

Top recruiters

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Eligibility Criteria

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At least 3 / 4 undergraduate GPA is expected.

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At least 16 years of bachelor degree.

English Proficiency Tests

  • IELTS

    7

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  • TOEFL

    100

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 155

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    Transcript

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    Passport

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    Statement of Purpose

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    Resume

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    IELTS

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    Academic LOR

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    Professional LOR

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    Essay

Application Deadlines

Priority 1Final Deadline
SummerNov 15, 2024Jan 15, 2025

Fees and Funding

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Tuition Fees

$85,000 / year

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Overall Cost

$1,00,000 / year

FAQs

  • The Abbey MRED+D program is an on-campus program. Students can expect to dedicate significant time to the program during the 10-week summer term with a rigorous load of coursework – this includes 18 hours per week of class time plus 36 hours of outside class work for full-time students. During the fall and spring terms, full-time students can expect to spend a minimum of 12-16 hours of in-class time per week and a minimum of 24-36 hours per week of work outside the classroom. In the Spring semester, while completing Studio, students should anticipate more hours in class since studio courses involve extensive in-studio work. The Abbey MRED+D usually does not run classes one day per week, usually Fridays, which enables full-time students to take on part-time internships.

  • The Abbey MRED+D program includes a rigorous quantitative curriculum. If you are accepted to the Abbey MRED+D but the Program thinks you would benefit from additional Excel and Finance training, you will be asked to complete short online courses before your arrival.

  • We expect to welcome a cohort of about 35-45 students for the next Abbey MRED+D class.

  • No concurrent degree programs have been developed for the Abbey MRED+D. UC Berkeley does not offer ad hoc joint degree programs and applicants may only apply to a single degree program per admissions cycle.

  • The Abbey MRED+D program only starts in the summer, and all students must begin during the summer term. We do not admit students for the fall or spring semesters.

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