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MBAApp27
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ragheebMBA
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I have second and third but suck at first

Do they make some exception for the first 😅
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MBAApp27, I work at a lender like CBRE/ JLL/ Berkadia in Capital Markets/ CMBS trading, I’m trying to pivot into development, equity, maybe REIB.... I’m a black male 2.7 undergrad in finance from a top 50 university according to U.S. News. We were top 30 when I was in undergrad though.
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No they don’t

Phil6298
MBAApp27, I work at a lender like CBRE/ JLL/ Berkadia in Capital Markets/ CMBS trading, I’m trying to pivot into development, equity, maybe REIB.... I’m a black male 2.7 undergrad in finance from a top 50 university according to U.S. News. We were top 30 when I was in undergrad though.
I would not do an mba I would just lateral

I’m guessing you work in equity and debt placement

Just focus on lateraling and building your network, going to school isn’t going to change the job market.

You’re already in a good spot. It’s just the market is dry for lending. I feel you.

I have a real estate background as well but I covered it in investment banking

Stay employed and lateral

Development is not that hard to get into by the way
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*MBAApp27 writes:*
No they don’t
Well RE it is then

But is it like basic DCF models or really really complex excel work that requires done fast?
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But is it like basic DCF models or really really complex excel work that requires done fast?
when i was in banking i never really did dcf models unless i worked for a buy-side pitch.
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No I work in CMBS trading, we strictly execute and trade bonds, we don’t do any underwriting or have any interaction with lenders. Completely different from d/e placement
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Would mostly apply a multiple on LTM EBITDA for sell-sides
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The market is not dry for lending, this will be our biggest year
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*MBAApp27 writes:*
> But is it like basic DCF models or really really complex excel work that requires done fast?
when i was in banking i never really did dcf models unless i worked for a buy-side pitch.
Well i have experience with those in valuating but i think IB may require a whole different excel skill set
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ragheebMBA
But is it like basic DCF models or really really complex excel work that requires done fast?
depends, if youre in a product group like M&A then you it gets very technical. I worked in coverage so i did a bit of everything

ragheebMBA
Well i have experience with those in valuating but i think IB may require a whole different excel skill set
its not the valuation that im telling you is hard its 80% of the job aside from that
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I just want to know on average given my background where would I have to be for unc with the idea I’d be focusing on real estate in my mba
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its attention to detail, formatting, and making sure you dont make any mistakes

they have a very low leniency to mistakes
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*MBAApp27 writes:*
> Well i have experience with those in valuating but i think IB may require a whole different excel skill set
its not the valuation that im telling you is hard its 80% of the job aside from that
Well i dont have big excel experience since we dont really have complex tasks to do on that so i guess im really short on that amongst 3 things you listed
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many post mba associates dont understand what theyre getting themselves into and what the expectations of the job are

The job itself is more demanding than commercial real estate development. thats all im saying. the skills are similar but not as intense as banking.
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many post mba associates dont understand what theyre getting themselves into and what the expectations of the job are
Hmm i guess you have to do it to know it. I only thought it required modelling alot really fast and thus you need to be very proficient in it which i am not. Would love to knoe more but no reference in IB only consulting or tech al
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Hmm i guess you have to do it to know it. I only thought it required modelling alot really fast and thus you need to be very proficient in it which i am not. Would love to knoe more but no reference in IB only consulting or tech al
you dont really do modelling every day for banking

its 80% admin work

its the pace of the job that many struggle to adapt to

Phil6298
I just want to know on average given my background where would I have to be for unc with the idea I’d be focusing on real estate in my mba
whats your gre
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*MBAApp27 writes:*
its the pace of the job that many struggle to adapt to
Hmm
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