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Why Get an MRED vs MBA?

Perhaps you have been researching graduate programs and are debating whether to pursue a Masters in Real Estate Development Program (MRED) or an MBA program. How do you decide between an MRED vs MBA. Which program is a better for you? Why get an MRED?

While both a Masters in Real Estate Development and an MBA will offer you advanced skills to move your career forward, discovering which program is best for you will mostly come down to personal choice. But here are a few reasons why get an MRED vs MBA degree.

For those in the real estate field, one of the benefits of pursuing a masters in real estate development is that the program submerges you in your industry. You will be learning around others who are equally passionate about the real estate industry, giving you the opportunity to learn from your classmates in addition to learning from your professors.

In a typical MBA program, only a small percentage of students generally will be working in real estate, but in an MRED program, 100% of students will be working in the real estate industry. In addition, by pursuing a Masters in Real Estate Development, your courses will focus specifically on different aspects of real estate and how business principles apply directly to that industry.

Instead of taking business courses that can be applied across industries, your graduate coursework will be centered around the real estate industry, offering you a more detailed learning of the industry you love. Finally, a Masters in Real Estate Development program will offer you increased opportunities for networking within your industry therefore broadening your career prospects in your industry following graduation.

Located in the metro Washington, D.C., area, George Mason’s School of Business offers both an MBA Program, and a Masters in Real Estate Development Program.

At Mason, Masters in Real Estate Development Program (MRED) applicants are typically experienced real estate industry professionals looking to expand expertise in real estate development, finance, public policy, sustainability, and construction management while MBA Applicants are typically business professionals looking to develop their leadership abilities to advance their careers.

Take a look below for a comparison of the MRED vs MBA at George Mason’s School of Business.

Masters in Real Estate Development
Designed for professionals in real estate, Mason’s Masters in Real Estate Development is a cross-disciplinary masters degree in real estate development drawing on the expertise of faculty members within the School of Business, Schar School of Public Policy, and Volgenau School of Engineering.  The MS in Real Estate Development program provides students with the developer’s perspective on relevant issues, including civil engineering, finance, and public policy and prepares you to take a leading role.

  • Complete the degree at your own pace (18 – 36 months)
  • Fall & Spring start dates
  • Evening Classes held on Arlington campus
  • Self-defined tracks in real estate finance, development and sustainability
  • 36 credit hours
  • Average of 8 years of work experience
  • Average student age: 32

The Mason MBA
The top-ranked Mason MBA Program, prepares the next generation of business leaders through a rigorous, stimulating business and management curriculum based on a global perspective, industry demand, and leadership. It prepares MBA graduates with the skills they need to pursue the careers they want. Mason’s MBA program is ranked #53 on the “Best Part-time MBA” list by U. S. News & World Report.

  • Completed in as few as 23 months
  • Evening classes held on Fairfax or Arlington campuses
  • Cohort structure
  • 9 areas of emphasis
  • Offers one 7-10 day global residency
  • 48 credit hours
  • Average of 7 years of work experience
  • Average student age: 28

All students at George Mason’s School of Business benefit from noted faculty, innovative and relevant curricula, cutting-edge services and technology, and valuable networking opportunities. Dedicated career services staff offers personalized career consulting services to students during their program and to alumni after graduation.

Learn more about the Masters in Real Estate Development and the MBA program at George Mason’s School of Business, or compare all graduate program options available at Mason by visiting Which Business Graduate Degree is right for you?

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