MBA Real Estate Management: Course, Fees, Top Colleges, Syllabus, Exams, Scope

MBA or Master of Business Administration in Real Estate Management is a postgraduate degree programme in the field of management. The course duration is two years, spread across four semesters. MBA Real Estate Management course not only teaches students about real estate in the Indian subcontinent but also helps students understand the concepts in an international context.

To be eligible for this course, one should have a bachelor's degree in any relevant field from a recognised university. Candidates are also required to appear for the CAT to get admission into a college offering the course. NMIMS, RICS, and Asian National University are some colleges in India that offer an MBA in Real Estate Management.

After graduating with an MBA degree in Real Estate Management, the candidate can explore a variety of career opportunities. Companies hire students as development managers, corporate or property asset managers, managers of community associations, and real estate consultants. Companies such as Godrej Properties, CIM Group, Roha Group Reality, CBRE, Oberoi Reality, or Collier hire MBA graduates with Real Estate Management specialisations.

MBA Real Estate Management Course Details

MBA Real Estate Management Eligibility Criteria

MBA Corporate Management eligibility criteria are very similar to other MBA specialisations. The eligibility details of the MBA Real Estate Management course can be found on the official website of the institute or the programme brochure. In the table below, we have mentioned the MBA Real Estate Management eligibility requirements.

MBA Real Estate Management Admission Procedure

Admissions to MBA Real Estate Management are provided based on entrance exams such as CAT, XAT, MAT, CMAT, and NMAT. Along with the entrance exam scores, candidates need to appear for a university-specific interview round to get admission into various colleges. Listed below is the admission process for an MBA in Real Estate Management.

Step 1- Eligibility Criteria

Candidates interested in studying MBA Real Estate Management should meet the eligibility requirements of the course.

Step 2- Fill out the online application form

Students should carefully fill in the required information before submitting the online application form.

Step 3- Successfully clear the entrance examinations

Once submitting the online application form, students should appear for the entrance examinations and meet the cutoff score.

Step 4- Personal Interview and Group Discussion

Upon clearing the entrance examinations, students also need to attend personal interviews and/or group discussion sessions. Some institutes also conduct aptitude tests apart from these examinations.

Step 5- Pay the course fees and submit relevant documents

Students should pay the specified course fees and submit relevant documents to conclude the admission procedure.

MBA Real Estate Management Entrance Exam

Admissions to MBA Real Estate Management is provided based on entrance examinations like CAT, XAT, and NMAT. Students are advised to check the eligibility criteria required to sit for the exam. The merit list released after these exams and the counselling session constitutes the admission process for the course.

Top MBA Specialisations

Students can choose from a variety of specialisations as per their interests. These MBA specialisations cater for the diverse needs of the students. Students can choose the specialisations depending on their interests and future goals. Listed below are some of the popular specialisations offered in an MBA degree.

MBA Real Estate Management Syllabus

The course curriculum of an MBA in Real Estate Management is spread across two years, consisting of four semesters. Apart from theoretical classes, various guest lectures by industry experts and academic leaders enhance the learning experience of the enrolled students. The course curriculum by Narsee Monjee Institute of Management Studies is provided below.

MBA Real Estate Management Fees

Private and public universities charge various prices for this course. In general, private colleges and universities are more costly than those that are administered by the government. The average tuition MBA Real Estate Management fee is Rs. 13 Lakhs.

Scope of MBA Real Estate Management

In recent times, the real estate sector is maturing a lot because of updated rules and regulations. With the industry growing throughout India's rural and urban areas, students pursuing an MBA in Real Estate Management have the opportunity to explore a variety of career opportunities. Candidates can explore job profiles as Corporate or Property Asset Managers, Community Association Managers, Real Estate Consultants, or Development Managers at various leading organisations.

Career Options After MBA Real Estate Management

Students who complete this course will have a thorough understanding of the laws, customs, and principles governing the purchase and sale of real estate. Students with an MBA in real estate management can get varied roles to work in, Some of those roles include:

Top Recruiters:

• Godrej Properties
• CIM Group
• Roha Realty
• Mahindra Lifespaces
• CBRE
• Oberoi Realty
• Colliers

Benefits of Studying MBA Real Estate Management

This course provides students with knowledge about different concepts of real estate. Apart from lectures, the course also requires students to have a three-month internship which allows students to apply what they learn in the classroom to real-world situations. MBA Real Estate Management also enriches the student’s learning experience by including a series of national and international workshops in the curriculum.

MBA Real Estate Management Salary

The average salary of an MBA Real Estate Management graduate depends on various factors. Some of the factors influencing the average salary are the skills and experience of the graduate, the location of the company, and the job role opted by the graduate. In the table discussed below, we have mentioned the average salary of popular job profiles in MBA Real Estate Management.

Source: Ambition Box