In this article, we will have an in-depth analysis of MBA in Real Estate and Infrastructure Management course. This article covers topics such as – course details, duration, eligibility criteria, colleges, admission process, syllabus and career prospects.
MBA in Real Estate and Infrastructure program is also known by other names such as – MBA in Real Estate and Construction Management, MBA in Real Estate and Urban Infrastructure, MBA in Real Estate and Construction Finance, MBA in Real Estate and Project Management, MBA in Infrastructure Management etc.
What is Real Estate and Infrastructure management? What’s the scope associated with this MBA specialization? You will find answers to these questions in the coming paragraphs.
|Name of course:||MBA in Real Estate and Infrastructure Management|
|Eligibility Criteria:||Graduate Degree|
What is Real Estate and Infrastructure Management?
Real Estate and Infrastructure management deals with the application of management principles on real estate development.
Real estate management deals with tasks like surveying land, acquiring land, construction planning, cost estimation, hiring labor, regulatory processes and project management.
This field is not just limited to construction of commercial and residential buildings. It also covers the construction of public structures such as roads, bridges, canals, dams etc.
Real Estate and Infrastructure Management program trains students in the following areas –
- Project management
- Finance management
- Cost estimation
- Regulatory processes
- Business laws
- Project planning
- Real estate markets
What’s the scope of real estate and infrastructure management in India, you may ask. This sector is doing pretty well in India. Demand for commercial and residential buildings is on the rise. It is safe to say that this sector is expected to provide new job opportunities to real estate management professionals.
Let us check out some of the basic details about MBA in Real Estate and Infrastructure management –
MBA in Real Estate and Infrastructure Management: Details
MBA is a general management program. It focuses on general management subjects. MBA in Real Estate and Infrastructure Management is a specialization program. It focuses on the domains of real estate management, project management, construction finance etc.
Type of course
It is a postgraduate level management education program.
The academic program is 2 years long.
Must possess a Bachelor’s Degree (3 or 4 year long course) from a recognized Institute/University.
Reputed institutes rely on merit based admission process. Marks scored by students in relevant management entrance tests (CAT, Institute-wise entrance tests etc) are taken into consideration. Deserving candidates are allotted seats after an interview.
Here are some of the important subjects present in MBA in Real Estate and Infrastructure Management academic program –
- Organizational behavior
- Principles of Management
- Business Communication
- Marketing Management
- HR management
- Finance management
- Introduction to Real Estate
- Real Estate Market Analysis
- Computer Application
- Real Estate Economics
- Regulatory Processes and Laws
- Real Estate Valuation
- Construction Finance
- Land surveying and Acquisition
- Real Estate Development
- Risk Management
- Project Management
- Asset Management
- Customer Relationship Management
Career prospects and job opportunities
Some of the well known recruiters are –
- Real Estate Developers
- Consultancy Firms
- Construction Firms
- Infrastructure Developers
- Architecture Firms
In the above mentioned firms, real estate management professionals may don the following roles –
- Finance manager
- Project manager
- Planning specialist
Entrepreneurship is also a good opportunity available in front of real estate management professionals. They may start their own business using the knowledge that they possess.