Masters in Real Estate or an MBA Concentrated in Real Estate?
The world of real estate is complex and dynamic. With today’s emphasis on going green, it’s more important than ever to have real estate professionals who focus on using land responsibly while also protecting the planet’s limited natural resources. For those professionals wanting to be the best they can be in the real estate world, the key may be obtaining a Masters in Real Estate or an MBA with a concentration in Real Estate.
A Masters in Real Estate is a degree program designed for those people wanting to develop and manage properties as well as buy, sell and appraise both residential and commercial properties. Students are instructed in such topics as:
- Real Estate Law
- Real Estate Marketing
- Property Inspection
- Property Management
- Real Estate Investments
Commercial real estate is currently seeing a revival, and students in a masters program learn a great deal about the specifics of leasing commercial space as well as other forms of rental properties. Most programs can be completed within two years of full-time study, and are designed for those professionals in the beginning stages of their careers.
What Can I Do With This Degree?
Students who graduate with this degree can look forward to employment with a variety of companies including:
- Mortgage underwriters
- Consulting firms
- Insurance companies
- Accounting firms
- Real estate development firms
These degrees usually combine teaching the technical and business skills needed for success in real estate. Students learn a variety of skills needed for success as real estate professionals including:
- Oral and written communication skills
- Evaluation and Analysis skills
- Financial and Quantitative skills
- GIS and other technology skills
Students interested in pursuing this degree can find it offered at many schools throughout the country including George Mason University, the University of Florida, Texas A&M University, University of Denver and the University of Cincinnati. This gives students the chance to earn their degree in locations where the real estate market is thriving, enabling them to put their skills to the test in dynamic environments. Most programs have faculty who have many years of real estate experience as agents, brokers and developers in markets throughout the country.
Whether a student is seeking career advancement, a career change or wanting to assume a leadership role within a company, earning a Masters in Real Estate is a decision that can lead to a wide range of career options.
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