Admission Requirements
MRED Online Admissions Application

We recommend submitting the MRED online admissions application at least 2 weeks prior to program deadlines. Applicants are encouraged to submit their application as soon as possible – even if official test scores and letters of recommendation have been requested but have not yet been received.  The online application will ask for personal information such as your address, social security number, date of birth, and questions used to determine residency status. Questions about residency status: If you would like more information about determining your residency status, please contact the Office of Residency.

After submitting, you can verify that all application materials have been received by logging into the application portal. Admissions decisions are typically returned 2-4 weeks after applications are completed. See notification dates. Note that the application process is completed entirely online. Please do not mail any application materials to our office.

Start your MRED application

Bachelor's Degree

MRED applicants must have completed the equivalent of a four-year U.S. bachelor’s degree from an accredited college or university. An academic or employment background specifically in real estate or business is not required to apply for the MRED program.

International applicants holding a 3-year bachelor degree should contact IAO@SA.Utah.edu to determine if additional coursework will be needed before applying to a graduate program.

Minimum GPA

Applicants must have earned their degree with at least a 3.0 cumulative GPA. Consideration will be made for applicants whose last 60 credit hours of their undergraduate course work meets the 3.0 GPA requirement.

For international applicants who attended an institution that did not use a 4.0 GPA scale, transcripts will be evaluated by University of Utah International Admissions officers. Your GPA will be converted to a 4.0-scale equivalent after you submit your application.

Standardized Test Score Requirement (GMAT/GRE)

MRED applicants are required to take the GMAT or GRE standardized test. Scores are used to indicate aptitude for business studies and are valid for five years. If an applicant has taken the GMAT or GRE more than once, the highest score will be considered.

Score Reporting

Please note that official GRE/GMAT scores take 2-4 weeks to reach the University, and official scores need to be received and processed before application deadlines. Please account for this timeline when scheduling exams and sending official score reports.

GMAT/GRE Preparation

The University of Utah offers GMAT and GRE preparation courses through the Office of Continuing Education.

You may also consider using free online resources, such as:

GMAT/GRE Score Information

  • The MRED program does not have a minimum GMAT or GRE score requirement. The average GMAT score for admitted applicants is historically 560-590, and the average GRE score for admitted applicants is historically 309-312. A score at or above the average is competitive for the program.
  • For applicants who take the GRE, we convert all GRE scores to the GMAT scoring scale in order to maintain consistency when considering applications. You can use the ETS conversion tool to convert GRE scores to GMAT scores.
GMAT/GRE Substitutions

Professional Leadership

Exceptional applicants with at least three years of post-baccalaureate, or five years total experience in real estate can apply for the professional leadership status, which will allow for relevant work experience to substitute for the GMAT/GRE requirement.

Apply for professional leadership status

Boots to Utes

Exceptional applicants with four or more years of military service in the U.S. Armed Forces are able to apply for a Boots to Utes GMAT/GRE substitution. This status will allow for applicants to have their military experience substituted for the GMAT/GRE requirement on their MSRED application.

Please note that a minimum 3.0 GPA from an accredited, non-competency based institution is required to qualify for this substitution.

Submit your resume for Boots to Utes

Professional & Academic Accomplishments

Additionally, applicants with one of the following accomplishments can qualify for a GMAT/GRE substitution:

  • The CCIM, MAI, SIOR, and other professional designations or an appraisal certification can be taken in place of taking the GMAT/GRE.
  • If you have graduated with a four-year degree from a regionally accredited institution with a 3.5 cumulative GPA or higher, then you may qualify for a GMAT/GRE waiver. To be considered, please complete the GPA application
  • If you have competed and submitted a project for judging in the Utah Real Estate Challenge.
    • Applicants must submit a copy of the project
    • Project must have been judged during the first round of judging, at a minimum.
    • To be considered, complete the Utah Real Estate Challenge Application

Applicants should contact MRED-Masters@Eccles.Utah.edu to verify eligibility. Recommendations and essays are still required for applicants who are approved to receive a GMAT/GRE substitution based on professional leadership, Boots to Utes or a professional/academic designation.

International Applicants - English Language Proficiency Requirement

International applicants must demonstrate English language proficiency and the ability to contribute to classroom discussions and interact in a team environment.

International and permanent resident applicants who do not hold a bachelor’s or graduate degree from a U.S. or English-speaking institution in accepted countries (Australia, Canada, Ireland, New Zealand or the United Kingdom) are required to take the Test of English as a Foreign Language (TOEFL) and submit an official score report.

The MRED program minimum score requirements are:

  • TOEFL: 90
  • IELTS: 6.5

Applicants who score below the minimums are strongly encouraged to retake the exam before submitting an application. The University of Utah reserves the right to request additional proof of English proficiency from an applicant. Applicants should note that meeting the minimum requirements does not guarantee admission to the graduate program.

Score Reporting

Official TOEFL/IELTS scores take 2-4 weeks to reach the University, and official scores need to be received and processed before application deadlines. Please account for this timeline when scheduling exams and sending official score reports.

  • Our TOEFL code is 4853 for the University of Utah.
  • During or after the IELTS exam, you have the option to select the University of Utah to report your score electronically.
Two Letters of Recommendation

Two letters of recommendation are required for the application, and it is preferred that both come from professional relationships. At least one should come from a previous or current employer, either from full-time employment or an internship.  The title or status of those you select is not necessarily important. What does matter is how closely your letter writers have worked with you and whether they can attest to your ability to add value to the workplace or professional team environment.

The best letters of recommendation will provide insight and specific examples of your potential to succeed in the competitive and challenging environment of a graduate program.

Other points to consider:

  • Choose someone who knows you well. It’s definitely a red flag when a recommender indicates “fairly well” or “not well” by the question about how well they know you.
  • Your recommenders must submit their letters via the online application.
  • You are responsible for ensuring that both recommendations are submitted before the application deadline.
  • References of a personal or social nature are strongly discouraged.
  • Where possible, recommenders should use company letterhead and email IDs when submitting recommendations.

Submitting Recommendations

Recommendations are submitted online. You will be asked to supply the contact information, including e-mail addresses, for your recommenders on the online application. Your recommenders will then be sent a link to an online recommendation form. In addition to completing the form, your recommenders will have the opportunity to cut and paste or upload a letter of recommendation. All recommendations must be submitted online through this process. Paper recommendations are not accepted.

Video Essay

MRED applicants will submit a video essay. This is an opportunity to tell us more about yourself by answering the following questions in a video format:

  • Tell us about your background and work experience as it relates to your desire to pursue this degree.
  • Why do you want to pursue a degree in real estate?
  • Why are you considering the University of Utah for this degree and what specifically about our MRED program appeals to you?

Your video should be a minimum of 45 seconds and a maximum of 2 minutes (please note that this is a hard minimum time requirement).

Applicants can send a digital file or a link to their video to: MRED-Masters@Eccles.Utah.edu. If a personal situation through the Americans with Disabilities Act precludes an applicant from submitting a video, please contact the Graduate Admissions office for alternate submission options.

Professional Resume

Please prepare a business resume that includes your employment history in reverse chronological order, with titles, dates, and whether you worked part-time or full-time. Your educational record should also be in reverse chronological order and should indicate dates of attendance and degree(s) earned. Other information appropriate to a business resume is welcomed and encouraged. The resume should not be more than one page in length (up to 50 lines).

Please make sure your resume is updated and specific for this application.

Transcripts

The online application will ask you to list in chronological order all colleges and universities attended, including the University of Utah, regardless of length of attendance. Include each college you have taken courses from, including concurrent enrollment, study abroad, and correspondence courses.

You will then be asked to upload an unofficial transcript for each institution of higher education you have listed, regardless of length of attendance. This includes the University of Utah. An unofficial transcript for each institution must be submitted separately, meaning notation of accepted transfer credit does not replace the need for an unofficial transcript from the university from where credits were transferred. Your application will not be considered complete until all unofficial transcripts have been received, so please attach unofficial transcripts for each institution of higher education you have attended before submitting your application.

If you are having trouble uploading your transcripts due to file size, please email your documents to MRED-Masters@Eccles.Utah.edu and note that you’re not able to decrease the file size, and our office will assist you.

Please note that official transcripts are not required during the application process.

Application Fee

When you are ready to submit your application, you will be directed through a payment process. The application fee is $55.00 for domestic applicants and $65.00 for international applicants. Payment can be made via credit card or check. Please note that if you choose to pay by check, your application will not be reviewed until the payment is received.

An additional $30 fee will be charged for:

  • Applications for spring submitted after November 1
  • Applications for summer submitted after March 15
  • Applications for summer and fall submitted after April 1
Program Pre-Requisite/Co-Requisite

For program success, students will need to have a solid academic background in corporate finance and real estate principles upon entering the MRED program. Students must complete the following courses with a C or better:

Prerequisite:

  • Financial Management (FINAN 3040 or equivalent)

Corequisite (1 required):

  • Real Estate Principles (FINAN 4740 or equivalent)
  • Real Estate License
  • Appraisal License

Note: The CCIM, MAI, SIOR, and other approved professional designations or an appraisal certification can be substituted for the pre- and corequisite requirements.

Based on a review of an applicant’s academic background, students must complete the prerequisite prior to the start of the program to ensure academic success in the program. We strongly encourage students to satisfy the corequisite prior to beginning the program.

Students are not required to take the pre- and corequisites at the University of Utah. If you have questions on whether a course will transfer, please send a course description or course syllabus to MRED-Masters@Eccles.Utah.edu.

The pre- and the corequisites are in addition to the graduate course requirements and will not count toward program completion. The pre- and corequisite are subject to change, and it’s important that you review the website at the start of each year in the fall to determine if any changes occur.

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