MBA in real estate is a two-year postgraduate program offered by many top universities and institutes in online, distance, and regular mode. The candidate gets in-depth knowledge about real estate markets and other developments related to marketing and real estate projects. It helps the candidate gain leadership and decision-making skills for urban infrastructure and real estate candidates.
The main eligibility criteria to enroll in the MBA in real estate is that the candidate must have a bachelor’s degree in any stream with atleast 50% marks from a recognized university or institute. The average fee of studying for an MBA in real estate ranges between INR 5.5 lakhs to INR 7.5 lakhs for the whole program.
After the program's completion, many career options are available in top companies and organizations in fields such as finance, valuation, investment, and more. The average starting salary in the real estate is 2.9 lakhs to 3.8 lakhs. With experience and time, the salary of the candidates increases.
MBA Real Estate Course Details
Here are the details about the MBA in Real Estate Management:
| MBA Real Estate Course Details | |
|
Course Name |
Master of Business. Administration in Real Estate |
|
Course Level |
Postgraduate course |
|
Duration |
2-year course (4 semesters) |
|
Admission Process |
Entrance Exam(CAT,MAT, GMAT)+ GD/PI |
|
Top Entrance Exam |
CAT, MAT, XAT, CMAT |
|
Top Colleges |
GGSIU, Ansal University, RNB Global University, etc |
|
Fees |
INR 1,50,000 - INR 2,50,000 |
Why study an MBA in Real Estate?
- In the past few years, the market of real estate is growing rapidly. This gave rise to this MBA in real estate. The real estate industry is the second largest in India after the agriculture sector in India.
- MBA in real estate graduates get many job and career opportunities in government and private sector.
- The future in this field is better as there will be more jobs and career opportunities in this sector compared to the national average.
- This real estate field is highly rewarding. It offers many job and career opportunities to candidates with better incomes, making this a suitable career field.
Who Should study MBA in Real Estate?
- Candidates who are interested in learning about the various features of the real estate business field and this industry.
- Candidates with good communication skills and amazing negotiation skills can pursue this program.
- Candidates who have work experience in the same field can also enroll in the MBA in real estate.
- Even if you do not have an academic background in real estate, you can enroll in this particular program.
What is an Online MBA in Real Estate?
An online MBA in real estate is a postgraduate program of two years and is offered by many universities and institutes. You can also get into this program after fulfilling the eligibility criteria. You can get many benefits of enrolling in this program. Here are the top benefits of enrolling in the online MBA in real estate.
- You have all the choices you need and an online MBA makes it possible for you to juggle between study and employment. It ensures that you lead a healthy lifestyle devoid of extremes of work or study.
- Education at high levels from the best universities and institutions can be attained from home.
- A working professional most preferred program is the online MBA because it allows them to work while learning.
- The Online learning MBA program enables the graduates to increase their even pay offer, thus making it the ideal fit for the candidates.
- Online MBA programs cost less than the traditional on-campus MBA programs.
- There is no need to visit the university if you are enrolled in the online MBA program. All the facilities will be offered in the online mode.
- The candidates are not required to take the entrance examination to enroll in the top university and institute. They can enroll in the Online MBA program directly.
Top Online Universities offering MBA in Real Estate
Many institutes and universities offer online MBAs in real estate to students. There is no need to take the entrance examination as admission can be done directly on a merit basis. Shoolini University online, Jain Online, and IMTS Institute are the top universities and institutes offering Online MBA in Real Estate.
MBA in Real Estate for working professionals
If you are currently employed and have anywhere from 3 to 5 years of working experience in the relevant industry, you may join the executive MBA program for working professionals. The Executive program can be taken after meeting the basic eligibility requirements. In real estate management executive MBA programs, the main eligibility requirement is that the candidate has 3 to 5 years of working experience. Several universities and colleges provide the Executive MBA in Real Estate Management.
Other Modes of MBA course in Real Estate
You can enroll in any of the modes of the MBA, There are many modes of MBA in real estate offered by the top universities and institutes. Here are the different modes of MBA in real estate.
|
Mode of MBA |
Description |
|
Executive MBA for Working Professional |
If you have three to five years of work experience, you can enroll in the executive MBA in real estate. This is best for working professionals. Click here. |
|
Distance MBA |
The candidates can also enroll in the distance MBA in real estate. You can enroll in this program directly without taking any entrance examination. Click here. |
|
MBA Online |
If you are a fresher and a working professional, you can enroll in the online MBA program. This online program of an MBA in real estate helps you manage your studies and work. Learn more. |
|
On-Campus MBA |
You can also enroll in the on-campus regular MBA program in real estate. To enroll in the regular MBA program, the candidates are required to take the entrance examination. Learn more. |
MBA in Real Estate: Eligibility Criteria
If you want to enroll in the MBA in real estate management, you are required to fulfill the eligibility criteria. Here we have mentioned the eligibility criteria to enrol in the MBA in Real Estate.
- The candidates must have passed the bachelor's degree with atleast 50% marks in the qualifying degree. There is a 5% relaxation in this for the reserved category candidates.
- The candidates also need to appear and clear the entrance exam, if they want to enroll in the regular MBA program. But if you do not wish to appear in the entrance examination, you can enroll directly in the Online MBA program.
MBA in Real estate- Admission procedure
If you want to enroll in the MBA program in real estate you must have to appear for the entrance examination, but you can enroll directly in the Online MBA program without taking any entrance examination. Here are the steps that you need to follow to get admission in the MBA program in real estate.
- The applicants are required to fill out the online application form for the entrance exam.
- After successfully clearing the entrance exam, the candidates are shortlisted by the universities and are called for the next rounds that are PI and GD.
- The candidates are then selected by the universities based on their entrance exam scores and PI and GD performance.
- The selected candidates are called for the document verification step and documents uploading on the official website of the university.
- The final step is the fee submission on the website.
MBA in real estate entrance examination
If you are looking to get admission to the MBA in real estate in regular mode, you are required to take the entrance examination. There are many entrance examinations conducted like CAT, MAT, and many more. Here are the top entrance examinations that are conducted every year.
|
Exam Name |
Registration Date |
Exam Date |
|
August 5 – September 21, 2024 |
November 26, 2024 |
|
|
ATMA |
4th week of December, 2023 – 3rd week of February, 2024 |
4th week of February 2024 |
|
July 15 – November 30, 2024 |
January 7, 2024 |
|
|
CMAT |
2nd week of March 2024 Onwards |
1st week of May 2024 |
|
August 23 – November 23, 2024 |
Test 1: December 10, 2024 Test 2: December 17, 2024 Test 3: December 22, 2024 |
|
|
August 1 – October 12, 2024 |
October 10 – December 19, 2024 |
How to prepare for the entrance examination?
If you wish to join the on-campus program of MBA in Real Estate management, you need to take the entrance examination. Here we have highlighted a few tricks and tips that can be of help to you in clearing the entrance examination.
- Develop the habit of reading the newspaper regularly to know what is going on around the world. Try to summarize the main points and revise them as often as possible. This is because this will come in handy in the GD as well as PI sessions.
- Ensure that you can perform as many revisions as possible on the topics that have been read before. In most cases, it is always okay to review topics more than jump to new topics.
- Solving a few more questions from the sample papers, especially those available in the practice book, can work wonders. Do devote some time and practice one sample paper every day.
- The applicant should also try to solve the paper of the last year. This will give the candidate an insight into the subjects comprehensively.
- Prepare brief notes on each topic you read. This will be useful for last-minute preparation.
- Practise daily some sample papers in the same length of time and in the same time of the day as the real exam.
MBA in Real Estate Syllabus
Here we have given the syllabus for the MBA in Real Estate:
|
MBA in Real Estate Syllabus |
|
|
Semester I |
Semester II |
|
Managerial Effectiveness & Ethics |
Laws and Regulations for Real Estate |
|
Accounting & Finance |
Entrepreneurship |
|
Principles of Economics & Markets |
Urban Planning and Governance |
|
Quantitative Techniques & Analytics |
Marketing Management & Research |
|
Organizational Behaviour & Human Resources Management |
Introduction to Real Estate |
|
Semester III |
Semester IV |
|
Operations Management |
Project Financing |
|
Business Environment & Strategy |
Cross-Functional Elective Course |
|
Real estate Development & Property Valuation |
Real Estate Project Management |
|
Open Elective Course |
Master Thesis / Project |
|
Real Estate Investment and Risk Analysis |
International Real Estate Markets & Opportunities |
|
Residential & Commercial Property Marketing |
Real Estate: Digital Marketing and Sales |
Fees of the Top Colleges for MBA in Real Estate
Here are the top colleges offering MBA in Real Estate:
|
Name of the College |
Fees |
|
Royal Global University, Guwahati |
INR 2,10,000 |
|
Narsee Monjee Institute Of Management Studies, Mumbai |
INR 6,02,000 |
|
Baddi University Of Emerging Sciences And Technologies, Baddi |
INR 1,32,800 |
|
Vinayaka Missions University, Salem |
INR 40,700 |
|
Graphic Era Hill University, Dehradun |
INR 2,67,000 |
|
Guru Gobind Singh Indraprastha University, New Delhi |
INR 70,000 |
|
Bml Munjal University, Gurgaon |
INR 5,80,000 |
|
Graphic Era Hill University Dehradun Campus, School Of Management, Dehradun |
INR 2,67,000 |
|
Aarupadai Veedu Institute Of Technology, Kanchipuram |
INR 80,000 |
|
Prestige Institute Of Management And Research, Indore |
INR 1,19,500 |
|
Bharati Vidyapeeth Deemed University, School Of Distance Education, Pune |
INR 30,500 |
Books for MBA in Real Estate
Here is the book list for the MBA in Real Estate:
|
Books for MBA in Real Estate |
|
|
Book |
Author |
|
Estate Management Practice |
David M. Guest |
|
Estate Agency Practice |
Malcolm Hollis |
|
Property Management |
Robert C. Kyle and Debora A.Kyle |
|
The Property Management Toolkit |
Michael Cant |
|
Facilities Management Handbook |
Frank Booty |
Salary and Jobs after MBA in Real Estate
After the completion of the MBA in Real estate, the candidates can get various job and career opportunities. Here we have tabulated some of the job roles that students can get after completing an MBA in real estate.
- Real Estate Appraiser- After completion of the MBA in Real Estate the candidate can become a retail estate appraiser. The main role of the real estate appraiser is to offer an unbiased assessment of the value of the property. Real estate appraisers do a complete analysis of the property to tell its market value. The salary of the real estate appraiser ranges from INR 0.2 lakhs to INR 10.5 lakhs.
- Source: Ambition Box
- Investment Analyser- You can also become an investment analyzer after the completion of the MBA in real estate. The main role of the investment analyzer is to analyze the profit and loss, balance sheet, and cash flow. The salary range of the investment analyzer in India ranges between INR 2.5 lakhs to INR 31.4 lakhs.
- Source: Ambition Box
- Real Estate Broker- After the completion of the MBA in Real Estate the candidate can also get into the real estate broker career field. The main role of the real estate broker is to do meetings with the clients to ensure the rental and sale price. The salary of a real estate broker in India ranges between INR 0.2 lakhs to INR 12 lakhs.
- Source: Ambition Box
- Financier- The candidate after the completion of the MBA in real estate has the chance to become a financier. The main role of the Financier is they determine the procedure to promote the financial health of the company. The salary range of the Financier in India ranges between INR 2.5 lakhs to INR 17.5 lakhs.
- Source: Ambition Box
- Corporate or Property Asset Manager- You can make your career in the field of property asset management after completion of the MBA in real estate. The main role of the property asset manager is to enhance the property value. They look after the property’s marketability. The salary range of the asset manager ranges between INR 2.3 lakhs to INR 16.5 lakhs.
- Source: Ambition Box
Conclusion
You can enroll in the MBA in real estate after taking the entrance examinations like CAT, MAT, and CMAT. But if you want to enroll in the program directly you can get into the Online MBA in real estate. There is no need to take the entrance examination to enroll in the online MBA program.
















