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kidderek
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Real Estate 03 Jul 2007, 23:13
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Real Estate Development and the MBA. What are the possibilities? What career progression and day to day responsibilities?

Anyone?
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rhyme
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Real Estate 04 Jul 2007, 07:39
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A good question....
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aaudetat
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Real Estate 04 Jul 2007, 13:34
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I met a guy who was in real estate development and considering Cornell's MBA. They've got a good real estate program, I believe.

MBAs are about running stuff and making money. Real estate development is about giant projects and making money. Seems like a good match to me.
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cbreeze
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Real Estate 04 Jul 2007, 15:43
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Many go to work for REITS or REIT research, sell or buy side.
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darren1010
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Real Estate 04 Jul 2007, 15:56
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I guess schools in big cities tend to have good real estate program (Berkeley in Bay area, Emory in Atlanta, and so on)
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GMATT73
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Real Estate 04 Jul 2007, 19:20
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Anything plus an MBA seems to yield dividends these days :-D
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paddyboy
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Real Estate 05 Jul 2007, 01:03
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I'm sure you googled it too, but I'll put in a link anyway -

https://www.careeroverview.com/property-real-estate-management.html
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naturallight
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Real Estate 05 Jul 2007, 08:30
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I don't know much about Real Estate Development, but I am somewhat interested in the investing and financing side. Specifically, mortgage backed securities and other types of real estate derivatives. I guess that would entail working for a big bank, which I'm not super keen on. Anyone have exp working with MBS's? What did you do, exactly?

Also, I think working as a research analyst for a REIT would be interesting. Kind of like working for a mutual fund, only instead of analzying companies, you're analyzing apartments, office buildings, warehouses, etc, right?

As for programs, I know that Wharton and Berkeley have good ones.
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3underscore
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Real Estate 05 Jul 2007, 08:49
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MBS is as far away from property as you can believe. Like anything when bankers get their hands on it, the underlying entity itself matters little - more how they behave when there are lots of them. It involves lots of ratios, data quality issues, more data, some data, and lots of too-and-fro with rating agencies and lawyers. And Data.

Most the factors of MBS are things that effect loan prepayment, it just happens to be houses.