MSRE Full Time Recruting

Based on the most helpful WSO content, here are some insights regarding your situation:

1. Competitiveness Without Recent Internship:

   • Competing with Undergrads: You will be competing with undergrads who may have two or three relevant RE internships. Employers often prefer candidates with more recent and relevant experience.
   • Real World Experience: Real-world experience is highly valued. Without a recent internship, you might find it challenging to stand out against candidates who have more up-to-date experience.

2. Value of MSRE:

   • Brand Name: The brand name of a top MSRE program like NYU can be beneficial. It can help open doors, but it’s not a guarantee of success.
   • Networking: Networking is crucial. You will need to leverage the MSRE program’s network, career site, and your own efforts to make connections in the industry.
   • Self-Study and Hustle: You should be prepared to hustle and possibly self-study using resources like REFM and Adventures in CRE to build your knowledge and skills.

3. Salary Expectations:

   • Entry-Level Positions: Without significant RE experience, you might be looking at entry-level positions with salaries ranging from $50K to $80K, similar to what graduating seniors might receive.

4. Advice:

   • Networking: Focus on networking as much as possible during your MSRE program. Attend industry events, connect with alumni, and seek out mentorship opportunities.
   • Skill Development: Continue to develop your skills through self-study and practical projects. This can help demonstrate your commitment and capability to potential employers.

In summary, while the MSRE can provide some advantages, the lack of a recent internship may be a hurdle. You will need to rely heavily on networking and self-study to make up for this gap and improve your competitiveness in the job market.

Sources: https://www.wallstreetoasis.com/forum/real-estate/my-8-month-real-estate-finance-internship-journey-some-general-thoughts-on-nyus?customgpt=1, MSRE vs. MBA decision - looking for opinions based on my situation/interests, My 8-month real estate finance internship journey + some general thoughts on NYU's MSRE, Q&A - Georgetown MPSRE Current Student, Entry Level Development Roles - MRED Necessary?