The Minister of Housing and Urban Affairs recently stated that the real estate market is expected to contribute around 15% to the country’s GDP by 2025. This indicates the potential for significant growth in the Indian real estate sector and signals promising opportunities for civil engineers and architects. It also states the potential increase in demand for individuals equipped with specialised skills to navigate through the complexities of the sector. The government is also pushing towards bridging this demand-supply gap by encouraging institutions to train industry-ready graduates, as India is committed to expanding its developmental and infrastructural projects. This is a positive indication for graduates, especially those looking to make a career in real estate after civil engineering and Bachelor in Architecture.
The intersection of civil engineering, architecture, and business administration is creating new opportunities for growth and innovation. Graduates from both fields are integral to the real estate sector. While an architect conceptualises a design, it is the civil engineer who brings that design into reality. Both graduates have technical knowledge, which is a grounding area for entering the real estate market.
This blog explores the potential of an MBA in real estate as a transformative career option.
An MBA in real estate helps graduates understand the commercial and business perspectives of the real estate sector, including business strategy, corporate real estate asset management, corporate finance, and capital markets. This understanding paves the way for a lucrative career in real estate, making the graduates ready to lead teams and excel at leadership positions.
The course aids the graduates in the following:
An MBA in real estate helps graduates comprehensively understand the industry. This clarity enables them to formulate and execute corporate strategies that leverage real estate for growth and profitability. Aspiring graduates benefit from the curriculum designed to train them in corporate real estate, real estate investment analysis, information technology, human resource management, legal aspects, and overall real estate development. These factors place the graduates as strong candidates for higher positions in the real estate job market.
For graduates looking for a financial jump in the corporate world, an MBA in real estate can be a fruitful investment. This is because an MBA programme instils managerial and technical competencies that prepare the graduates to handle high-responsibility senior management positions in the real estate sector. This specialisation is an upgrade from a technical job profile. The graduates become ready to hold roles such as Real Estate Investment Trust (REIT) manager, real estate asset manager, property advisor, design and development manager, finance manager, transaction manager, etc.
The curriculum of MBA courses is designed to teach effective communication and negotiation skills, which are instrumental in coursework and group projects. These skills are also beneficial for inspiring and motivating teams, advocating for their vision, and convincing stakeholders in and around the project. This vision and leadership quality can shape an entrepreneurial mindset and encourage graduates to identify unmet needs or untapped potential in the market and develop innovative solutions for them.
The networking opportunities enable graduates looking for a career in real estate to connect with solid alumni networks within the industry. It facilitates them in interacting with successful leaders who offer valuable mentorship and insights into real-time industry developments.
MBA in Real Estate and Urban Infrastructure is a well-curated MBA programme at RICS SBE, Amity University that focuses on preparing graduates for significant opportunities and responsibilities in the real estate sector, handling it from its inception to its completion. An RICS-accredited programme is recognised globally as per the international standards in education and teaching.
With this programme at RICS SBE, graduates will have exposure to real-time experience-based learning of real estate principles of economics, accounting, management, strategy, finance, and marketing in practical projects. This programme is a respite for all those seeking to be in the industry with prior knowledge and expertise.
Therefore, an MBA in real estate and urban infrastructure is just the right opportunity to transform your career in a promising industry.
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