Master of Business Administration in Real Estate or MBA Real Estate is a professional postgraduate course. It is a type of course where students are trained for real estate markets, developments related to real estate and marketing of various real estate projects. It will impart leadership and decision making skills in real estate and urban infrastructure aspirants. It is a 2 year course divided into 4 semesters i.e. 2 semesters per year.
The minimum eligibility to pursue this course is a Bachelor degree in any stream with minimum of 50% marks from a recognized institution. The average tuition fee for the course ranges from 5.5 Lakh to 7.5 Lakh for entire course.
There are various career options once you have graduated from this course in the field of real estate sector and urban development. Huge multinationals like DLF, Omaxe etc await candidates with sharp property enabled skills to come and work with them. There are various job profiles after MBA like valuation, investment and finance, property development and management etc. The average entry level salary varies from 2.9 Lakh to 3.8 Lakh per annum.
What is the course about?
MBA Real Estate is a course which provides with dynamic knowledge of real estate and property market of the industry and local level. It prepares individual with decision making skills to take a stand in the competitor’s worlds and design an outcome for him or herself on the basis of concepts drawn from the subject.
It is a pro-version for providing optimal strategies, plans and letting one to focus on outcomes with development and target oriented work. It enables the individual to work out real estate in a more organized and project specific way.
Who should opt for the course?
Any person who is seeking a position in real estate world and oriented towards the urban development sector must opt for this course. This course is meant for those individuals who think based on data and analyze the situations and take a sound decision. A person who has a property oriented mind and thinks analytically with his brain inclined towards reasoning and understanding of outcomes must go for this course.
Top Colleges for Master of Business Administration [MBA] (Real Estate)
MBA Real Estate is a 2 years program divided in 4 semesters, i.e. 2 semesters per year. Even if the course is pursued from distance learning institutes the duration is 2 years.
There are many B-Schools in India which offer MBA Real Estate in their curriculum. Few top institutes providing MBA Real Estate are:
- RICS School of Built Environment, Amity University, Noida
- Guru Gobind Singh Indraprastha University, New Delhi
- Ansal University, Gurgaon
- Maharishi Markandeshwar University, Mullana
- Institute of Management and Technical Studies, Noida
- RNB Global University, Bikaner
There are some universities and institutes which offer MBA Real Estate in Distance Learning as well. Some examples are:
- Indian Institute of Commerce and Trade (IICT), Lucknow
- Amity University, Noida
- Global Open University, Nagaland