The world is urbanising rapidly, and so is India! According to the World Bank, India’s urban population increased from 33% in 2011 to 44% in 2020. This increase of 11% in just a decade points towards the growing need to accommodate the urban population. With this comes the demand for skilled professionals who can navigate the complexities of real estate and urban infrastructure development. An MBA in real estate equips individuals with the knowledge and expertise to thrive in the built environment. But what does the future hold for graduates in this programme?
Why should one go for a master’s in real estate?
Real estate is a booming industry, and its growth trajectory is only expected to go upward. Various factors contribute to this expected growth, including population growth, rising disposable incomes, and increasing investments in smart cities. An MBA in this field will help individuals capitalise on these opportunities.
Also, the real estate and urban infrastructure industry is no longer about bricks and mortar only. The changing worldview, technology infusion, and increased awareness have led the industry to grow in a modern and evolving way. Sustainability, proptech (property technology), and data-driven decision-making are now crucial in the built environment sector. So, these dedicated real estate and property management courses would fill the gap that an otherwise graduate degree wouldn’t!
What is the future scope of an MBA in Real Estate and Urban Infrastructure?
The beauty of an MBA in Real Estate and Urban Infrastructure is its versatility. You can pursue a variety of careers, including:
- Real Estate Development
Be involved in the entire lifecycle of a project, from identifying potential sites to managing construction and overseeing leasing.
- Urban Infrastructure Planning
Work with government agencies and stakeholders to develop sustainable and efficient city infrastructure solutions.
- Real Estate Investment
Analyse market trends, conduct feasibility studies and make sound investment decisions.
- Property Management
Oversee the day-to-day operations of residential or commercial properties, ensuring tenant satisfaction and maximising return on investment.
- Real Estate Consulting
Advise clients on real estate matters, including valuation, acquisitions, and dispositions.
- Entrepreneurial opportunities
A comprehensive skill set and a deep understanding of the industry position individuals to make a significant impact on shaping the built environment of tomorrow.
Which college is an optimal choice for an MBA in real estate?
Several real estate and property management courses are available at different colleges and universities, but one programme has shined through. RICS SBE, Amity University, offers an MBA in Real Estate and Urban Infrastructure. It is the only institution in India with RICS and PMI accreditation. The programmes offered are globally recognised.
The curriculum is designed to accommodate new technology, make students aware of the industry’s current demands, and equip them with on-field experience.
Although the college, established in 2013, is relatively new, it has successfully enrolled around 3000+ students in the past decade. Their placement reports showcase some convincing numbers, too, with 90-95% of students getting placed every year!
Summing up
Choosing to upskill is always the right decision! In fact, it only helps with self-growth and upgrading. It makes one industry relevant and instills confidence in competing with fellow professionals. An MBA in real estate from the best construction management schools is an upskilling opportunity for all the above reasons. So, think no more and go for it!
