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Real Estate Development and Acquisitions - MS or MBA

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Real Estate Development and Acquisitions - MS or MBA [#permalink] New post 05 Sep 2011, 17:44
Hi, I hope I'm asking this in the right place. I'm living in NYC and I'm seriously ready for a career switch from architecture to real estate development and acquisition, and am considering either an MS from NYU or Columbia, or an MBA from Columbia. Does anyone know what the essential differences are between these two routes? I've looked at curriculum, and I know that one difference is the overall education of an MBA vs the zoomed in focus of an MS. While the MS might cost me only half, I'm afraid that 10 years or so down the line, and MS might hinder me, while an MBA would not. Fact or Fiction?

Also, my undergrad GPA was 3.3 and my grad was 3.8, and I think I'll hit high 600s on the GMAT, though I haven't taken it yet.

Thanks!
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Re: Real Estate Development and Acquisitions - MS or MBA [#permalink] New post 06 Sep 2011, 02:53
MBA will help you in the long run if you want to get into real estate development and acquisition. MS might help you to get the foot in the door. But, MBA will help you grow in the organization. As you already been to a grad school, I would suggest MBA over MS. An MBA can open many doors. Though it is expensive, it will pay off in the long run provided you study at a top school.

Good luck!
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calaveras wrote:
Hi, I hope I'm asking this in the right place. I'm living in NYC and I'm seriously ready for a career switch from architecture to real estate development and acquisition, and am considering either an MS from NYU or Columbia, or an MBA from Columbia. Does anyone know what the essential differences are between these two routes? I've looked at curriculum, and I know that one difference is the overall education of an MBA vs the zoomed in focus of an MS. While the MS might cost me only half, I'm afraid that 10 years or so down the line, and MS might hinder me, while an MBA would not. Fact or Fiction?

Also, my undergrad GPA was 3.3 and my grad was 3.8, and I think I'll hit high 600s on the GMAT, though I haven't taken it yet.

Thanks!
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Re: Real Estate Development and Acquisitions - MS or MBA [#permalink] New post 07 Sep 2011, 04:50
Hi,

I completely agree with interviewbay. It sounds like you have just the right experience for what you want to do in the MBA, so it's not like you need to specialize any more at school in order to get the interview at a real estate company. You are specialized enough. MBA will give you a broad training that you may lack, and more importantly, it will be a great training in leadership, which you won't really be learning in another MS or MA.
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Re: Real Estate Development and Acquisitions - MS or MBA [#permalink] New post 09 Sep 2011, 21:14
My suggestion? Talk to people who have the job that you want.

From what I've gathered, getting into real estate is VERY network driven. It has less to do with what your pedigree is and more to do with who you know.

RF
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Re: Real Estate Development and Acquisitions - MS or MBA [#permalink] New post 12 Sep 2011, 01:38
I agree.
Re: Real Estate Development and Acquisitions - MS or MBA   [#permalink] 12 Sep 2011, 01:38
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