Program: Master of Urban Planning/Master of Real Estate Development (MUP/MRED) - University of Southern California

Mar 30, 2025

USC Catalogue 2024-2025

The Master of Urban Planning/Master of Real Estate Development dual degree program enables students to expand their skills in planning, land development, market analysis, finance and economics. Exposure to both fields becomes an educational as well as a professional asset for careers in either real estate development or urban planning. This dual degree program normally requires five semesters, including one summer, in residence.

Requirements

A total of 74 units is required for the dual degree, all from within the Price School of Public Policy.

Urban Planning Core

PPD 522 Planning Theory and History for a Just Society Units: 4
PPD 523 Urban and International Development Units: 4
PPD 531L Planning Studio Units: 4, 8, 12 (4 units required)
PPD 534 Data, Evidence, and Communication of the Public Good Units: 4

Concentrations

There are six concentrations available in the Master of Urban Planning program. They are as follows: Arts and Culture, Design of the Built Environment, Planning for Climate Change and Sustainability, Housing and Real Estate Development, Economic Development, and Mobility and Transportation Planning. Students must select a concentration gateway and methodology course (4 units each, 8 units total). Please see the Master of Urban Planning section of the catalogue for the concentration descriptions and course lists.

Real Estate Core

RED 509 Market Analysis for Real Estate Units: 4
RED 542 Finance of Real Estate Development Units: 4
RED 544 Real Estate Capital Markets Units: 2
RED 546 Applications of Real Estate Finance to Problems of Development Units: 4
RED 547 Project Management and Construction Units: 2
RED 551 The Approval Process Units: 4
RED 562 Legal Issues in Real Estate Development Units: 4
RED 574 Building Typologies Units: 2
RED 575L Community Design and Site Planning Units: 4
RED 598 Real Estate Product Development Units: 2, 3, 4

Additional Requirements

Electives: 18 additional units of elective courses taken within the Price School of Public Policy.

Students in this dual degree do not take the Urban Planning capstone but are required to complete the MRED comprehensive examination.

The internship requirement is waived for students who enter the program with professional experience in either planning, real estate or a related field.

Program Adaptation: MUP/MRED dual degree students may waive PPD 529 because RED 562 covers similar material. PPD 528 may also be waived for this dual because MRED students take two design courses which cover similar material (RED 574 and RED 575L ). Students in this dual also do not need to take PPD 629 (the MUP Capstone) as they will be required to take the MRED comprehensive exam.