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The Degree of Master of Land Economics and Real Estate
Through its Department of Finance, the Mays
Business School offers a non-thesis program leading to the degree
of Master of Land Economics
and Real Estate (MLERE). This program of study in the
Mays Business School is offered with the close cooperation of
the
College of Agriculture and Life Sciences and uses appropriate
educational offerings throughout the University.
This professional curriculum is primarily
designed to provide broad preparation for the practice of real
estate appraisal and the economic analysis of land use. In addition,
students may avail themselves of traditional University strengths
in a wide range of supporting areas and departments in order
to prepare themselves for careers in real estate appraisal and
management.
Most holders of a bachelor's degree in business
administration will normally be prepared to go directly into
graduate courses leading to the MLERE degree. Others may be required
to take preprofessional courses to fulfill prerequisites and
the Common Body of Knowledge (CBK) requirements.
Residence
Students must complete 12 credit hours
of Texas A&M University resident credit to satisfy the
residence requirement for the Master of Land Economics and
Real Estate degree.
Student's Advisory Committee
After receiving admission to graduate
studies and enrolling for course work, the student will consult
with the head of the department concerning appointment of the
chair of his or her advisory committee. The student's advisory
committee for the master's degree will consist of no
fewer than three members of the graduate faculty representative
of the student's fields of study and research. The chair or
one of the co-chairs of the advisory committee must be from
the student's department, and at least one or more
of the members must be from a department other than the student's
major department.
The chair, in consultation with
the student, will select the remainder of the advisory committee.
The chair will then notify the tentative members of the advisory
committee, giving the student's name and field of study, and
request that they consider serving on this committee. The student
will interview each prospective committee member to determine
whether he or she is willing to serve. Only graduate faculty
members located on the campuses at College Station, Galveston,
Texas A&M University-Temple Campus or Institute of Biosciences
and Technology-Houston may serve as chair of a student's advisory
committee. Other graduate faculty members may serve as co-chair
with an individual located at College Station or Galveston.
The chair of the committee, who usually has immediate supervision
of the student's degree program, has the responsibility for
calling meetings at any other time considered desirable.
If the chair of the student's
advisory committee is unavailable for an extended time in any
academic period during which the student is involved in activities
relating to an internship, thesis, dissertation or record of
study and is registered for 684, 692 or 693 courses, the student
may request, in writing, that the department head appoint an
alternate advisory committee chair during the interim period.
The duties of the committee include
responsibility for the proposed degree plan, any professional
study or project, and the final examination. In addition, the
committee as a group and as individual members is responsible
for counseling the student on academic matters, and, in the
case of academic deficiency, initiating recommendations to
the Office of Graduate Studies.
The committee members' signatures on the
degree plan indicate their willingness to accept the responsibility
for guiding and directing the entire academic program of the
student and for initiating all academic actions concerning
the student. Although individual committee members may be replaced
by petition for valid reasons, a committee cannot resign en
masse.
Degree Plan
The student's advisory committee, in consultation
with the student, will develop the proposed degree plan. The
degree plan must be completed and filed with the Office of
Graduate Studies following the deadlines imposed by the student's
college, and no later than 90 days prior to the date of the
final oral examination. No exceptions are allowed.
This proposed degree plan must be typed
and submitted on the official form as it appears on the website
at vpr.tamu.edu with endorsements by the student's advisory
committee and the head of the student's major department.
Additional course work may be added to
the approved degree plan by petition if it is deemed necessary
by the advisory committee to correct deficiencies in the student's
academic preparation.
Credit Requirement
A minimum of 37 semester credit hours
of approved courses is required for the Master of Land Economics
and Real Estate degree. Elective courses beyond the 3 semester
credit hours included in the program would add to the total
number of hours in the program.
Limitations on the Use of Transfer, Extension
and Certain Other Courses
Some departments may have more restrictive
requirements for transfer work. If otherwise acceptable, certain
courses may be used toward meeting credit-hour requirements
for the master's degree under the following limitations.
-
A total of any combination of a and
b below may not exceed the greater of either 12 hours or one-third
(1/3) of the total hours on the degree plan.
a. The maximum number of credit hours
which may be considered for transfer credit is the greater
of 12 hours or one-third (1/3) of the total hours of a degree
plan. The following restrictions apply.
-
Courses taken in residence
at an accredited U.S. institution, or approved
international institution with
a final grade of B or greater will be considered
for transfer credit if, at the time the courses were
completed, the student
was in degree-seeking status at Texas A&M
University, or the student was in degree-seeking
status at the
institution
at which the courses were taken; and if the
courses would be accepted for credit toward
a similar degree
for students in
degree-seeking status at the host institution.
-
Courses previously used
for another degree are not acceptable for degree
plan credit.
b. A maximum of 12 credit hours of 489
and/or 689 (Special Topics).
c. A total of any combination
of a and b above may not exceed the greater of 12 hours or
one-third
(1/3) of the total hours on the degree
plan.
-
A
maximum of 3 hours of 684 (Professional
Internship), up to 4 credit hours
of 485
and/or 685 (Directed Studies), and
up to 3 hours of 690 (Theory of Research)
or 695 (Frontiers in Research)--any
combination
of 684, 685, 690 and 695 may not exceed
25 percent of the total credit hour
requirement shown on the individual
degree plan.
-
A
maximum of 2 hours of Seminar
(481/681).
-
A
maximum of 9 hours of advanced
undergraduate courses (300-
or 400-level).
-
No
credit may be obtained
by correspondence study.
-
For
graduate courses
of three weeks' duration
or less, up to 1
hour of credit may
be
obtained for each five-day
week of course work.
Each week of course
work must include
at least 15 contact
hours.
-
No
credit hours
of 691 (Research)
may be used.
-
Continuing
education
courses may
not be used
for graduate
credit.
-
Extension
courses
are not
acceptable
for credit.
Exceptions will be permitted only in unusual
cases and when petitioned by the student's advisory committee
and approved by the Office of Graduate Studies.
Transfer of Credit
A student who has earned 12 hours of graduate
credit in residence at Texas A&M
University may be authorized to
transfer courses in excess of the
limits prescribed above
upon the advice of the advisory
committee and with the advance
approval of the Office of Graduate
Studies if
these courses are not available
at Texas A&M University.
Courses taken in residence at an
accredited U.S. institution or
approved international institution
with a final grade of
B or greater might be
considered for transfer credit
if, at the time the courses were
completed, the student was in degree-seeking
status at
Texas A&M University or at
the institution at which the courses
were taken, and if the courses
would be accepted for
credit toward a similar degree
for students in degree-seeking
status at the host institution.
Otherwise, the limitations
stated in the preceding section
apply. Course work in
which no formal grades are given
or in which grades other than letter
grades (A, B, C, etc.) are given
(for example, CR, P,
S, U, H, etc.) is not accepted
for transfer credit. Courses
appearing on the degree plan with
grades of D, F or U may not be
absolved by transfer work. Credit
for thesis research or
the equivalent is not transferable.
Credit for course work submitted
for transfer from any college or
university must
be shown in semester credit hours
or equated to semester credit hours.
An official transcript from the
university at which
the transfer course work was taken
must be sent directly to the Office
of Admissions and Records.
Courses completed at other institutions
are not included in computing the GPR.
Foreign Languages
There is no specific language requirement
for the Master of Land Economics and Real Estate degree.
Internship
Students who undertake a professional
internship in partial fulfillment of master's degree requirements
after completing all course requirements for the master's degree
must return to the campus for the final examination. The final
examination is not to be administered until all other requirements
for the degree, including any internship, have been substantially
completed.
Time Limit
All degree requirements must be completed
within a period of seven consecutive years for the degree to
be granted. A course will be considered valid until seven years
after the end of the semester in which it is taken. Graduate
credit for course work which is more than seven calendar years
old at the time of the final examination (oral or written)
may not be used to satisfy degree requirements.
Application for Degree
Graduate degrees are conferred
at the close of each regular semester
and 10-week summer semester. Candidates for advanced degrees
who expect to complete their
work at the end of a given semester
must apply for graduation by submitting the electronic application
for degree to the
Office of the Registrar and by
paying the required graduation fee at the Fiscal Department
no later than the Friday of the
second week of the fall or spring
semester or the Friday of the first week of the first summer
term. The
electronic application for degree
can be accessed via the website degreeapp.tamu.edu.
Final Examination
The candidate must pass a final
examination by dates announced
each semester or summer term in the Office of Graduate Studies
Calendar. To be eligible
to take the final examination,
a student's GPR must be at least 3.000 for courses
on the degree plan and for all courses
completed at Texas A&M which
are eligible to be applied to a
graduate degree, and there must
be no unabsolved grades
of D, F or U for any course listed
on the degree plan.
To absolve a deficient grade, the
student must have repeated the
course at Texas A&M University
and have achieved a grade of C
or better. All course work on the
degree plan must
have been completed with the exception
of those hours for which the student
is registered. Additionally, all
English language
proficiency requirements must be
satisfied prior to scheduling the
examination.
The final examination covers all
work taken on the degree plan and
at the option of the committee may be written or oral or both.
The examination is conducted
by the student's advisory committee
as finally constituted. Unless otherwise authorized
by the Office of Graduate Studies, the final examination for
the master's
degree
must be administered on the campus
at College Station.
Persons other than members of the
graduate faculty may, with mutual consent of the candidate
and the major professor, attend
final examinations for advanced
degrees. Upon completion of the questioning of the candidate,
all visitors must excuse
themselves from the proceedings.
A positive vote by all members of the graduate committee with
at most one dissension is required
to pass a student on his or her
exam. A department can have a stricter requirement provided
there is consistency within
all degree programs within a department.
The candidate is not eligible
to petition for an exemption from
the final examination. A request for permission to hold and
announce the final examination must be submitted
to the Office of Graduate Studies a minimum of
10 working days in advance
of the scheduled date for the examination.
Examinations which are not completed
and reported
as satisfactory to the Office of
Graduate Studies within 10 working
days of the scheduled examination
date will be recorded
as failures. A student may be given
only one opportunity to repeat the final
examination for the master's degree and that must be within
a time period that does not extend beyond the end of the next
regular semester (summer terms are excluded). No examination
may be held prior to the mid-point of the semester or summer
term in which a student will complete all remaining courses
on the degree plan.
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