Eight units of elective course work are required for the Master of Real Estate Development. These courses may be taken in the schools of Public Policy, Architecture, Business, Law and the Department of Civil Engineering. Admission to some classes requires advanced prerequisites and is subject to availability and approval of the instructor.
Successful completion of a comprehensive written and oral examination is required of all students seeking the Master of Real Estate Development degree. The examination explicitly covers the core courses. It is normally administered late in the spring semester by a faculty committee appointed by the dean. Students who fail the examination once may take it again within one year. The examination may not be repeated more than once.
Residence and Course Load
The Master of Real Estate Development may be completed on either a full-time or part-time basis. Both options begin in the summer session in June. The full-time program requires 11 months of study. The evening executive option is completed over a two-year period. Students are also expected to participate fully in all extracurricular activities associated with the Master of Real Estate Development program, including the weekly speaker series.
Students who wish to take a leave of absence for a semester or longer must request it from the dean in writing; such leaves may be granted for up to one year.
Students must have an approved laptop computer as required by instructors and must demonstrate calculator and spreadsheet skills.
The time limit within which students in the program must complete the requirements for the Master of Real Estate Development is governed by the following regulations:
All requirements for the Master of Real Estate Development must be completed within five calendar years from the first course at USC applied toward the degree.
University regulations prohibit the acceptance of credits for courses taken toward a Master of Real Estate Development degree more than seven years after the date they were successfully completed.
Grade Point Average Requirement
While enrolled in the program, a student must maintain a grade point average of at least 3.0 for all courses taken toward the degree.
Probation and Disqualification
Any student with a cumulative grade point average of below 3.0 for all courses taken in the program will be placed on academic probation. A student may be disqualified to continue toward a graduate degree if the student has been on academic probation for two consecutive semesters. Whether or not on academic probation or warning, a student may be disqualified at any time from continuing in the program if the dean of the school, after consultation with the faculty, determines that the student is deficient in academic achievement or in another qualification required for the attainment of the Master of Real Estate Development degree.
Course Exemptions and Transfer of Credits
Courses taken toward other degree programs, if determined by the dean to be equivalent to courses in the curriculum, may be accepted for subject credit only. All students are required to complete 44 units while enrolled in the Master of Real Estate Development program. The acceptance of previous course work for subject credit will enable the student to take additional elective courses.