The real estate sector is one of the most recognized sectors across the globe. It comprises four sub-sectors- housing, retail, hospitality, and commercial.
Indian real estate sector is the second-highest employment generator, following the agriculture sector. It is also expected that this sector will incur more non-residential Indian (NRI) investment, both in the short and long term.
By 2040, the real estate market will grow to Rs. 65, 000 crore (US$ 9.30 billion) from Rs 12, 000 crore (US$ 1.72
billion) in 2019. The Indian real estate sector is expected to reach US$ 1 trillion in market size by 2030 from US$ 200 billion in 2021 and contribute 13% to the nation’s GDP by 2025.
Students entering the sector today have a plethora of career opportunities in front of them as the real estate sector in India has witnessed high growth in recent times with rising office demands as well as residential spaces. Institutional investments in this sector are expected to increase by 4% to reach Rs. 36, 500 crores (US$ 5 billion) in 2021, driven by the rising interest of investors in capturing attractive valuations amid the COVID.
But to become a leader in the real estate sector, you need numerous skills and qualities to make a difference. The industry demands techno-managers who can solve the issues and lead the team showing leadership qualities. And to become a leader you need something extraordinary.
So, which MBA programme is best for you?
There are bountiful opportunities for students who pursue MBAs in Real Estate. To tap into the opportunities the globe has to offer, some institutions offer specialized MBAs in Real Estate; and the best programme looks closely at the intersection between real estate, finance, and investments.
After completing the programme, jobs can range from a corporate real estate broker to a property investment executive.
MBA in Real Estate
Master of Business Administration in Real Estate is a professional postgraduate course. In this course, students are trained for real estate markets, developments related to real estate and marketing of various real estate projects. The programme imparts leadership and decision-making skills to real estate and urban infrastructure aspirants. The 2-year course is divided into 4 semesters.
There are numerous career options after graduating from this course in the field of real estate sector and urban development. Conglomerates such as DLF, Omaxe etc. await candidates with sharp property enabled skills to come and work with them. Job profiles like valuation, investment and finance, property development and management etc.
The programme provides dynamic knowledge of the real estate and property market industry. It prepares students with decision-making skills to face the issue the industry has to offer along with designing an outcome for them based on concepts drawn from the subject.
It acts as a pro-version for providing optimal strategies and plans and letting one focus on outcomes with development and target-oriented work. It enables the students to work out the sector in a more organized and project-specific way.
Individuals who want to make a great career in the real estate sector and are oriented toward the urban development sector must go for management courses. If you can think based on data and analyze the scenarios and take an apt decision. Also, if you have a property-oriented mind and think analytically with your brain inclined towards reasoning and understanding of outcomes, then this programme is for you.
MBA in Real Estate & Urban Infrastructure
MBA in REUI from RICS SBE, Amity University helps graduates learn the business and commercial aspects of the industry by combining their technical skills garnered during their graduate programmes with business and commercial skills, which transforms them into potential business leaders that the industry is looking forward to.
At present, every industry is looking for techno-commercial managers, who can implement technical aspects successfully while understanding the business implications.
RICS SBE students are nurtured to become future corporate leaders as they traverse their career paths by getting in-depth exposure to real-life business issues in the classroom while being guided by faculty with significant industry experience.
The students are well-trained to resolve any issues by applying all business management aspects i.e., strategy, marketing, finance, legal and technical aspects, taxation, information technology and human resource management.
Moreover, students are trained on RICS Pathways and Competencies and imbibe skill sets that equip them for becoming productive in workplaces from day one of their jobs, without any significant need for training.
The MBA in REUI prepares students for the entire project life cycle of real estate enabling them to take up diverse job roles with real estate developers, international property consultants, banks & financial institutions, valuation companies or any corporate since real estate is an essential component of any business.
Today, MBA in REUI graduates are working in senior and mid-senior roles with top global firms. You can too.