The economic downturn has chased a lot of the big RE firms away from recruiting freshly minted MBAs. REal Estate as you know is difficult to learn from a textbook, and more often comes from the school of hard knocks. This may be why there is not as much recruitment effort for MBAs from the top RE firms like CBRE at b-schools. WHat you could try to do is to get an internship at one of these firms to help open doors to a full time job vs. hoping they come recruit you. As for pay, don't expect nearly as much from a RE firm which will want to pay you mostly in bonuses. Again, with the protracted down economy, you won't be in a situation to argue for top pay. Many RE executives have been pleased to just keep their own jobs lately. Perhaps a consulting firm who does some RE consulting as well would be a good compromise? Search for consultancies with RE clients on their list.
Thanks bryant for your reply...I do understand that the worst recession till date has snatched the shine from RE sector and hence from top MBA jobs in this industry.
But I really would like to take up RE development/project management as short term goal post-MBA (not really RE investment management, however in the worst case scenario might need to adjust short term goal into latter
) and Entrepreneurship in RE LT goal while expanding family business...How do you suggest to approach that?
And could you please shed some deep insights on the above highlighted part in your reply.
Much appreciate your feedback.
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