Plan for success
Real estate development has seen a dramatic increase in regional job demand. Whether you’re considering a career change or want to expand on your current real estate position, UIndy’s master of professional studies in real estate development will give you the practical experiences you need to succeed. What shopping mecca, business tower, recreational centre, or lodging destination could you help create? You’ll know once you pursue your MPS.
- Accelerated degree program fits a busy professional’s schedule
- Project-based learning gives you practical experience
- Indianapolis location puts you in one of the nation’s hottest markets, according to real estate firm Cassidy Turley
- Cohort structure lets you network and develop relationships with classmates from diverse backgrounds
Taught By Industry Experts
Our School of Business utilizes strong business partnerships to provide top-level faculty for this program while providing an accelerated learning format to help busy adults complete their degree. A council of experts provides guidance on the curriculum, and many members of the council teach courses.
Programme Length & Format
The MPS is 30 credit hours. Courses are accelerated, and last 7.5 weeks, so you can take six credit hours per term while only taking one class at a time. This allows you to complete the program in five semesters (21 months).
The MPS program is structured as a cohort, meaning students begin the program at the same time and take all classes together. This gives you the opportunity to network and develop relationships with classmates from diverse backgrounds.
Class Times & Location
Classes are offered in sequence in an on-campus format. Classes meet one night per week from 6-9:45 p.m.
The curriculum for the MPS in Real Estate Development consists of the following:
- A foundational ethics course, that focuses on ethical issues in the work environment (3 credit hours).
- Concentration courses that provide both a theoretical framework and practical application within the industry (24 credit hours). Courses will cover real estate development, finance and value analysis, appraisal and markets, along with project management and law/contract negotiation.
- Principles of real estate development (3 credit hours)
- Real estate site analysis (3 credit hours)
- Real estate feasibility analysis (3 credit hours)
- Real estate finance and capital markets (3 credit hours)
- Real estate valuation and appraisal (3 credit hours)
- Real estate construction systems (3 credit hours)
- Real estate development project management (3 credit hours)
- Real estate development law and contracts (3 credit hours)
- A capstone course in which students collaborate with an industry sponsor and faculty advisor to complete a project in one of three areas: critical problem solving, contribution to industry practice or field experience (3 credit hours).
- Real estate development project analysis and proposal (3 credit hours)
- Critical problem solving (3 credit hours)
- Contributing to industry practice or policy (3 credit hours)
- Field experience (3 credit hours)
Job Outlook & Career Opportunities
Some of the most demanded titles for real estate graduate-level professionals include:
- Associate or Assitant Developer
- Project Manager
- Financial Analyst
- Investment Analyst
- Mortgage Loan Underwriter/Analyst
- Portfolio Manager
- Commercial Real Estate Broker
- Property Manager
- Asset Manager
- Commercial Banker
Information provided by the Education Advisory Board
To be admitted to UIndy's Real Estate Development program, you must complete or submit the following:
- Completed online application,
- Score a 100 or higher on the TOEFL English lanaguage proficiency test,
- Non-refundable $50 application fee,
- Bachelor's degree or higher (any discipline) from an accredited college or university,
- Cumulative GPA of 3.0 or higher,
- Original transcripts from each college or university previously attended,
- Three letters of recommendation, two of which must be academic and/or professional recommendations,
- An essay explaining your interest in your specific area of professional studies and how you plan to use the degree in your future work (1,000-1,500 words).
If you are interested in applying to the Master of Professional Studies in Real Estate Development and do not have a 3.0 GPA, you may be offered a "conditional admission" status until you successfully complete two courses in the program and achieve a grade of 'B' or higher in each course. As an alternative to conditional admission, you may submit Graduate Record Examination (GRE) scores for evaluation.
English Language Proficiency
Students for whom English is their second language must submit TOEFL scores with a minimum of 100 on the internet-based TOEFL. TOEFL scores should be sent to institution code R1321 and school code R2207.
If your undergraduate degree is from a non-US institution, we require a degree evaluation as an assurance that you have completed the U.S. equivalent of a bachelor's degree. Credit and grade equivalencies for each course may be requested if deemed necessary. Photocopies are not acceptable for this portion of your application material. The following is a list of acceptable agencies that offer this service:
World Education Services, Inc
P.O. Box 5087
Bowling Green Station
New York, NY 10274-5087
International Consultants of Delaware, Inc.
P.O. Box 8629
Philadelphia, PA 19101-8629
215-222-8454 ext. 510
Education Credential Evaluators, Inc.
P.O. Box 514070
Milwaukee, WI 53203-3470
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