MRED program gives real estate developers, executives a leg up

7 Jun

MRED Class of 2013 graduate Cooper Morrison discusses his team’s Capstone Project development plans before Reynolds Plantation executives.

Beau Bevis said he wanted to broaden his horizons and his education.

Auburn University’s Master of Real Estate Development program (MRED) did more for him than that.

“It also boosted my confidence level,” said Bevis, a 16-year veteran of the real estate industry who works as President and Qualifying Broker at ARC Realty in Birmingham and one of 13 Auburn MRED spring graduates. “You are exposed to so many different things in this program. You are sitting down with people who are industry leaders and it gives you confidence when you sit down with someone in your local market that you know what you are talking about. It’s that confidence level of being exposed to larger projects that boosts your credibility in the eyes of your clients.”

The two-year, six-semester program, a collaboration between the College of Business, and the College of Architecture, Design and Construction, is offered to real estate developers and executives with a minimum of three years of professional experience and an undergraduate degree in a related field. Tuition for the program is currently $54,210.

Students use a blend of distance learning with on-campus residencies, and field studies at real estate projects around the world, to meet with developers, contractors and designers to sharpen their skills.

“We’re the only executive degree-granting program in real estate development in the country,” said Michael Robinson, MRED Chair and Hugh Daniel Professor of Real Estate Development. “There are pure distance education programs in real estate development and there are evening courses for real estate professionals in a few major, urban areas, but we are unique in our educational delivery model.

“By being able to work full-time while they are in school, many of the things students learn in residency or on field trips, they apply the next day or next week in their current practices.”

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