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himanshut85
30 Mar 2020, 08:27
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Hello Everyone,
I have recently been admitted to Cornell 1Y MBA with decent scholarship and MIT MSRED program. I already have experience in real estate and looking to transition into an REPE or other RE finance roles. I was wondering which one to choose. The points which I am considering are:
1. MBA vs MSRED.
2. 12m vs 11m/16m at MIT.
3. Generic MBA with RE minor or specialized course in RE.
4. Cornell starting 1Y in May with 2-3 months being virtual whereas MIT MSRED will start in August. Considering that I am an international applicant visa issue is something that I will need to consider.
5. Employment opportunities in RE at both the institutes.
I already have an MBA from one of the top 10 institutes in India so my inclination is towards MSRED which is a specialized course. MIT hasn't offered me any TA/RA but I am hopeful to getting some assistance in future.
Any insights from the experts especially someone having an inclination towards RE will be great in deciding.
Posted from my mobile device
I have recently been admitted to Cornell 1Y MBA with decent scholarship and MIT MSRED program. I already have experience in real estate and looking to transition into an REPE or other RE finance roles. I was wondering which one to choose. The points which I am considering are:
1. MBA vs MSRED.
2. 12m vs 11m/16m at MIT.
3. Generic MBA with RE minor or specialized course in RE.
4. Cornell starting 1Y in May with 2-3 months being virtual whereas MIT MSRED will start in August. Considering that I am an international applicant visa issue is something that I will need to consider.
5. Employment opportunities in RE at both the institutes.
I already have an MBA from one of the top 10 institutes in India so my inclination is towards MSRED which is a specialized course. MIT hasn't offered me any TA/RA but I am hopeful to getting some assistance in future.
Any insights from the experts especially someone having an inclination towards RE will be great in deciding.
Posted from my mobile device
30 Mar 2020, 08:42
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Congrats on your admits!
Does the MIT degree come with a STEM certification?
PS. I agree with you that if you have one MBA already, getting a specialize degree seems like the right thing to do.
Posted from my mobile device
Does the MIT degree come with a STEM certification?
PS. I agree with you that if you have one MBA already, getting a specialize degree seems like the right thing to do.
Posted from my mobile device
30 Mar 2020, 10:50
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MIT MSRED
1) Location, we're going into a recession and firms are more likely to hire from top local schools (Boston) than travel up to Ithaca for schools slightly weaker in pedigree.
2) Degree type, the MIT MSRED will get you to your real estate goal, that's the point of the program. Cornell's 1 year MBA with a RE class or two won't compare. When you're recruiting, your competition is going to be better prepared at the MIT MSRED type programs VS Cornell 1 year MBA. Your competition isn't just your classmates, but all graduating students. Those MSRED applicants are going to run circles around you the Cornell 1yrs in RE interviews.
3) Your past degrees, you have an MBA already, how are you going to spin going to Cornell for a 2nd MBA? The more explaining on your CV, the harder it is to get a great job. Recruiters want 'easy hires,' esp in a recession they can plug and play.
4) Classmates, MIT MSRED will allow you to study with classmates going for the same field. You will be prepping together & in the job recruiting scene together. Cornell's 1 year program is a collection of ppl (mostly int'ls) from diverse backgrounds that's not well integrated w/ the full time 2 year program. Who is going to help you prep for jobs?? You would be 100% on your own.
5) Professors, MIT MSRED will give you better chances to network w/ professors that have contacts in the industry. Given Cornell's Ithaca location & you're looking at their 1 yr MBA program, their RE network is less expansive.
1) Location, we're going into a recession and firms are more likely to hire from top local schools (Boston) than travel up to Ithaca for schools slightly weaker in pedigree.
2) Degree type, the MIT MSRED will get you to your real estate goal, that's the point of the program. Cornell's 1 year MBA with a RE class or two won't compare. When you're recruiting, your competition is going to be better prepared at the MIT MSRED type programs VS Cornell 1 year MBA. Your competition isn't just your classmates, but all graduating students. Those MSRED applicants are going to run circles around you the Cornell 1yrs in RE interviews.
3) Your past degrees, you have an MBA already, how are you going to spin going to Cornell for a 2nd MBA? The more explaining on your CV, the harder it is to get a great job. Recruiters want 'easy hires,' esp in a recession they can plug and play.
4) Classmates, MIT MSRED will allow you to study with classmates going for the same field. You will be prepping together & in the job recruiting scene together. Cornell's 1 year program is a collection of ppl (mostly int'ls) from diverse backgrounds that's not well integrated w/ the full time 2 year program. Who is going to help you prep for jobs?? You would be 100% on your own.
5) Professors, MIT MSRED will give you better chances to network w/ professors that have contacts in the industry. Given Cornell's Ithaca location & you're looking at their 1 yr MBA program, their RE network is less expansive.
