Updated By Yash Dhamija on 25 Nov, 2020
Average Duration | 2 years | ||
Average Fee | 30 K-3 L INR annual | ||
Exams Accepted | GMAT, CAT, XAT ... |
MBA in Real Estate Management is a 2-year postgraduate programme that prepares a candidate for a career in the real estate industry. The course develops the leadership and problem-solving skills of a student in the real estate sector and prepares them for leadership roles in real estate firms.
The course is available for candidates who have graduated from a recognized university. No particular academic background or subjects are required for admission to this course. The course offers in-depth knowledge about the real estate market in areas related to marketing, finance, human resource, research etc.
Candidates who have completed the course can find job opportunities with top real estate brokering, management and consulting firms. They are valued for their subject-based understanding of the real estate market and the ability to apply their skills to practical situations.
| Course Name | MBA in Real Estate Management |
| Short Name | MBA in REM / MBA (REM) |
| Course Level | Postgraduate |
| Course Type | Degree Course |
| Degree | Master of Business Administration (MBA) |
| Specialisation | Real Estate Management |
| Duration | 2 year |
| Internship | Not Mandatory |
| Mode | Full Time / Part-Time |
| Minimum Qualification | Graduation in any stream |
| Selection Process | Entrance Exam + GD / PI |
| Average Course Fee | Rs. 1,50,000 to Rs. 2,50,000 |
| Average Starting Salary | Rs. 3,50,000 |
The candidates who wish to pursue an MBA in Real Estate Management must ensure that they meet the eligibility criteria for the course. The details about the minimum requirement for an MBA in Real Estate Management course can be found given below. Candidate smug also check the requirements specified by their college as there may be slight variations int the eligibility criteria of different colleges.
The candidate must have completed graduation/bachelor's degree course from a recognised university.
The candidate must have scored an aggregate of 45% marks in graduation and passing marks in all of the subjects.
Candidates from all academic backgrounds are eligible to apply for the course.
Some colleges may also ask the candidate to have some practical work experience in the sector.
Given below is the process of admission to the course of MBA in Real Estate Management. The actual procedure can vary and candidates must always refer to their college details before applying.
Admission tot he MBA in Real Estate Management course is entrance exam based. Candidates will have to qualify in an MBA entrance exam such as CAT / MAT / XAT / CMAT etc.
Colleges shortlist candidate for the course based on their score int the entrance exam. Individual colleges release their own cutoff for admission and candidates who qualify have to appear for the next round.
Qualified candidates are then called to the college for the next round of admissions. This includes at least a personal interview. However, depending on the college, a Group Discussion and Written Test may also be conducted.
Some colleges may also accept admission based on the graduation marks scored by a candidate.
First Year
| Principles of Management | Organizational Behaviour |
| Introduction to Real Estate | Business Communication |
| Marketing Management | Finance Management |
| Real Estate Economics | Real Estate Development |
| Human Resource Management | Real Estate Market Analysis |
Second Year
| Real Estate Valuation | Risk Management |
| Customer Relationship Management | Construction Finance |
| Risk Management | Regulatory Process and Laws |
| Asset Management | Computer Application in Real Estate |
| Land Survey and Acquisition | Taxation in Real Estate |
Want to know more about
MBA in Real Estate Management makes a student a well-suited candidate for the numerous posts in the real estate market. The skill acquired during this course enables a candidate to understand technical, legal as well as regulatory aspects about the real estate market. Plus, since it is a professional MBA course, candidates are also provided practical exposure which further makes them ready to handle the challenges of the real estate market.
Some of the top areas of employment for an MBA in Real Estate Management degree holders include:
Real Estate Consultancies
Construction Companies
Real Estate Valuation Firms
Infrastructure and Property Development Firms
Architecture Agencies etc.
Given below the common job posts available after MBA in Real Estate Management.
Real Estate Consultant
Property Advisor
Project Manager
Finance Manager
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A trainee in the Real Estate market earns around Rs. 3.5 LPA on average. For experience Real Estate Consultants, salary packages can go up to Rs. 10-12 LPA.
Only if you want to go for a career as a Real Estate Consultant or Realtor, or if you want to start your own Real Estate Consulting firm. In such cases, you are required to register with RERA. However, if you want to take up finance and marketing related jobs in the Real Estate market, registration will not be required.
Some of the companies hiring MBA in Real Estate Management degree holders include real estate consultaning firms, architecture firms, property and infrastructure development agencies etc.
Admission to MBA in Real Estate Management is given on the basis of the performance of a candidate in MBA entrance exams plus the selection process of the chosen college.
Some of the subjects included in the MBA in Real Estate Management course curriculum are Marketing, Finance, Real Estate Valuation, Real Estate Development, Asset Management, Market Analysis etc.
Yes. The minimum requirement for the course is a bachelor's degree from any stream.
Some of the top colleges for MBA in Real Estate Management include Amity University Noida, UPES Dehradun, Ansal University Gurgaon etc.
An MBA degree provides candidates with a unique set of theoretical knowledge and practical skills in the real estate sector. It makes a candidate more qualified for leadership positions and more likely to be considered for jobs by top companies in the field.
An MBA in Real Estate Management will help you develop skills related to the acquisition, maintenance, valuation, marketing and sales of a property. You can find jobs in property management firms in areas related to finance, marketing and management.
An MBA in Real Estate Management is a 2-year postgraduate programme that prepares you for leadership roles in the real estate and property development sector.
Get details of best colleges for MBA in Real Estate Management.
