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How to get an MBA in real estate management

Written by Posted On Friday, 11 September 2015 04:16
Real Estate MBA Real Estate MBA

How to get an MBA in real estate management

An MBA in real estate management is perfect for those who are already into real estate management as well as aspiring real estate management professionals. The course entails all the basics of real estate management, residential sales, development projects, property management and commercial transactions.

Like many specialized MBA courses, an MBA in real estate management combines general business subjects like accounts, principles of management, operations research as well as subjects specific to real estate management.

Why Real Estate Management?

An MBA in Real Estate Management allows students to be trained in all the operations pertaining to real estate organizations. Most real estate management MBA courses are classroom courses. Some of the key subjects taught in a typical MBA course in Real Estate Management are:

  • Principles of management
  • Economics of Real Estate
  • Real Estate Appraisal
  • Capital Markets for Real Estate
  • Economics
  • Principles of Accounting
  • Real Estate Finance

Career Options after an MBA in Real Estate Management

Students who graduate as management professionals in real estate property management are capable of running all the day to day operations in a real estate firm. The opportunities in the field of real estate has been tremendous in the recent past with 2015 experiencing a 100% increase in foreign investments in the sector in India.

Some of the major job roles an MBA graduate in Real Estate Management can be offered are:

  • Investment Analyser
  • Finance Manager
  • Property Manager
  • Real Estate Appraiser
  • Real Estate Broker
  • Community Association Manager
  • Corporate Asset Manager

Eligibility

Eligibility for an MBA course in Real Estate management varies from college to college. Most institutes require a graduation certificate from any stream as well as a valid score of a nationalized management examination like CAT, XAT, MAT, CMAT etc.

Cut offs in academics and qualifying examinations are determined by institutes before the application process begins for each institute.

Institutes offering MBA in Real Estate Management in India:

  • Indian Institute of Learning and Advanced Development, Haryana

Course: Master of Business administration (Infrastructure Management), 1 - 2 Years

Fees:5 to 6 Lakh INR

  • Asian Business School, Noida , Delhi NCR

Course: Master of Business administration (Infrastructure Management), 1 - 2 Years

Fee:4 to 5 Lakh INR

  • New Delhi Institute of Management, New Delhi , Delhi NCR

Course: Post Graduate Diploma in Management-Marketing, 1 - 2 Years

Fees: 5.6 Lakh INR

  • SAMVIT School of Infrastructure Business, Pune , Maharashtra

Course: Post Graduate Programme in Infrastructure Business, 1 - 2 Years

Fees:2 to 3 lakh INR

  • Centre for Continuing Education, University of Petroleum & Energy Studies, Dehradun, Uttarakhand / Uttaranchal

Course: Master of Business administration (Infrastructure Management), 2 - 3 Years

Fees: Less than 50,000 INR

The future of real estate management in India

As per the National Housing Bank, the residential property prices will continue to grow throughout the coming years and despite the monetary inflation in the country there will be no negative impact on the real estate industry. According to PwC the industry will continue to grow at 8-9% per year and there are many positive trends that are expected in the coming years.

  • According to the Economic Survey, housing is the second largest industry in India after agriculture.
  • There are over 300 industries that are linked to real estate management and they all contribute heavily to the country’s GDP
  • The National Housing Bank studies state that real estate is the third most impactful industry in the country and fourth in employment generation in India

The future of real estate management is quite bright and an MBA in Real Estate Management is a perfect way of gaining entry into the industry for graduates.

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Ramesh Patil

I am a career counsellor and I help college students make informed decisions about their careers. I intend to share the career choices in real estate sector through this blog.

www.targetadmission.com/

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