MBA Real Estate is a 2 year professional postgraduate 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 to real estate and urban infrastructure aspirants.
See also: MBA Admission Process 2024
The minimum eligibility to pursue this course is a Bachelor's degree in any stream with a 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 the entire course. Check MBA Eligibility
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.
Learn More: MBA Jobs
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.
MBA Real Estate: Course Details
Course Name | Master of Business Administration in Real Estate |
Course Level | professional postgraduate course |
Duration | 2 year course divided into 4 semesters. |
Admission Process | Entrance Exam + GD/PI |
Top Entrance Exam | CAT/MAT/XAT/CMAT |
Top Colleges | GGSIU, Ansal University, RNB Global University etc |
Fees | INR 1,50,000 - INR 2,50,000 |
Why Study MBA Real Estate?
- Real estate market in India has escalated with opportunities in the last few decades. It is the 2nd largest sector after agriculture in India.
- MBA Real Estate degree holders get job opportunities in Government as well as Private Sectors.
- In the future employment in this sector is expected to grow faster than the national average.
- The real estate sector offers a great career opportunity and is also highly rewarding. It opens various job opportunities with attractive income levels, freedom, and plenty of time, making this a viable career option in the coming years.
Who should study MBA in Real Estate?
- Students who are interested to understand and studying the various characteristics of a real estate business and the industry as a whole.
- Negotiation skills and good business communication skills across job profiles in real estate are essential.
- Working profession from the same field.
- Candidates from any academic background can apply for MBA in Real Estate.
MBA Real Estate Management: Admission Process
Admission to MBA Real Estate course students is based on the entrance exam score. The popular National Entrance Exams are CAT, XAT, MAT, CMAT, etc. Candidates will be shortlisted on the basis of their entrance exam scores. Candidates who qualify for this criterion will have to appear for the next round. This includes Personal interviews, Group discussions and maybe a written test. Few colleges accept admission based on the graduation marks scored by candidates.
MBA Skills Required | MBA Admission in Tier 1 Colleges |
MBA Group Discussion (GD) Topics | Distance MBA Admission Process |
MBA Real Estate Eligibility
- Interested Candidates must have a Bachelor's Degree with at least 50% marks or equivalent CGPA (45% in case of SC/ST) from a recognized University.
- Students in the last year of their bachelor's degree are also eligible to apply.
- Some colleges may require work experience.
MBA Entrance Exams
MBA Real Estate Syllabus
Semester I | Semester II |
---|---|
Accounting & Finance | Entrepreneurship |
Managerial Effectiveness & Ethics | Laws and Regulations for Real Estate |
Organizational Behaviour & Human Resources Management | Introduction to Real Estate |
Quantitative Techniques & Analytics | Marketing Management & Research |
Principles of Economics & Markets | Urban Planning and Governance |
Semester III | Semester IV |
Business Environment & Strategy | Cross-Functional Elective Course |
Operations Management | Project Financing |
Real Estate Investment and Risk Analysis | International Real Estate Markets & Opportunities |
Real estate Development & Property Valuation | Real Estate Project Management |
Residential & Commercial Property Marketing | Real Estate: Digital Marketing and Sales |
Open Elective Course | Master Thesis / Project |
MBA Real Estate: Top Colleges
Name of the College | Fees |
---|---|
Narsee Monjee Institute Of Management Studies, Mumbai | INR 6,02,000 |
Royal Global University, Guwahati | INR 2,10,000 |
Graphic Era Hill University, Dehradun | INR 2,67,000 |
Baddi University Of Emerging Sciences And Technologies, Baddi | INR 1,32,800 |
Vinayaka Missions University, Salem | INR 40,700 |
Prestige Institute Of Management And Research, Indore | INR 1,19,500 |
Graphic Era Hill University Dehradun Campus, School Of Management, Dehradun | INR 2,67,000 |
Guru Gobind Singh Indraprastha University, New Delhi | INR 70,000 |
Bml Munjal University, Gurgaon | INR 5,80,000 |
Aarupadai Veedu Institute Of Technology, Kanchipuram | INR 80,000 |
Bharati Vidyapeeth Deemed University, School Of Distance Education, Pune | INR 30,500 |
MBA Real Estate: College Comparison
Parameters | Narsee Monjee Institute Of Management Studies, Mumbai | Prestige Institute Of Management And Research, Indore | Royal Global University, Guwahati |
---|---|---|---|
Overview | NMIMS’s department of School of Business Management offers MBA in Real Estate coure which help students to stay updated with the best international practices. | Indore is one of the premier management institutes which is popular for its MBA programs in different specializations. | Royal Global University, Guwahati is a UGC recognized. This program is designed to give students the best industrial exposure and a nurturing classroom environment. |
Eligibility Criteria | Bachelor’s degree with 2 years of Work experience in Real estate. | Bachelor’s Degree with minimum 50% marks in aggregate. | Bachelor’s Degree with minimum 50% marks in aggregate. |
Admission Process | NMAT | CMAT | CAT, MAT, XAT |
Indiatoday Overall Ranking | 10 | 49 | 240 |
Avergae Total Fee | INR 6,02,000 | INR 1,19,500 | INR 2,10,000 |
Average Placement Package Per Annum | INR 23.07 LPA | INR 4.41 LPA | INR 6 LPA |
Top Companies Participate in Placement Drive | Avendus, Crisil, Tresvista, Aditya Birla Capital, american Express | ITC, Nestle, Coca-Cola, Parle, Pepsico, HUL, P&G | Vishal Mega Mart, Kotak Life Insurance, Indusind Bank, Amul, Just Dial, Karvy |
MBA Real Estate: Scope
Real Estate sector is doing well in India. This sector will provide new job opportunities to real estate management professionals. Real estate is one of those industries which will never go off the market because the demand for homes and commercial spaces is always there. Some of the areas of employment for MBA in Real Estate Graduates are:
- Real Estate Consultancies.
- Construction Companies
- Architecture agencies
- Real Estate Valuation Firms
- Infrastructure and Property Development Firms, etc.
MBA Real Estate: Jobs
Given below are the job positions for those who complete MBA in Real Estate:
Job Roles | Salary |
---|---|
Real Estate Appraiser | INR 2.4 LPA - INR 4 LPA |
Investment Analyzer | INR 3.5 LPA - INR 18 LPA |
Real Estate Broker | INR 2 LPA - INR 3 LPA |
Financier | INR 24 LPA |
Corporate or Property Asset Manager | INR 3.5 LPA - INR 8.5 LPA |
Community Association Manager | INR 5 LPA - INR 9 LPA |
MBA Real Estate: FAQs
Ques. What is MBA in Real Estate?
Ans. MBA in Real Estate Management is a 2-year postgraduate program that prepares a candidate for a career in the real estate industry.
Ques. Is an MBA in real estate worth it in India?
Ans. Yes, A real estate MBA is worth it provided you graduate from one of the top business schools.
Ques. What are the top colleges for studying MBA in Real Estate?
Ans. Narsee Monjee Institute Of Management Studies, Mumbai, Royal Global University, Guwahati, Graphic Era Hill University, Dehradun, Baddi University Of Emerging Sciences And Technologies, Baddi, and Vinayaka Missions University, Salem are some of the top colleges for MBA in Real Estate.
Ques. What are the job opportunities for MBA in Real Estate Graduate?
Ans. Some of the area of employment for MBA in real estate graduates are real estate consulatancies, construction companies, architecture agencies, real estate valuation firms.
Ques. What is the eligibility for studying MBA in Real Estate?
Ans. The minimum eligibility is Interested Candidates must have a Bachelor's Degree with at least 50% marks or equivalent CGPA (45% in case of SC/ST) from a recognized University.
Ques. What is the average salary of a Fresher in MBA in Real Estate?
Ans. The average salary of a Fresher in MBA in Real Estate INR 2.9 Lakhs to INR 3.8 Lakhs per annum.
Ques. What are the benefits of soing MBA in Real Estate?
Ans. The real estate market in India has exploded with opportunities in the last few decades. MBA Real Estate degree holders gets job opportunities in Government as well as Private Sectors.
Ques. Does MBA in Real Estate programme require Work experience?
Ans. Yes, Work experience may be required by some colleges.
Ques. What is the best position in real Esate?
Ans. The 6 Highest Paying Real Estate Careers are Home Inspector,Property Manager, Corporate Real Estate Manager, Real Estate Lawyer, Real Estate Broker, Commercial Real Estate Agent.
Ques. Is Real Estate a good career path?
Ans. There are many advantages to a career in real estate, including /earning potential, a flexible schedule, and also growth and leadership opportunities.
Comments