NYU MSRED part-time, while working full time (60+ hours per week) possible?
I am interested in getting a part-time MSRED at NYU. I work in NYC and want to be still able to make a living and make progress in my current career while being able to afford the classes. Is this doable? Can anyone share their budgeting and time management skills that allowed them to accomplish this? Usually work around 60 hours, 80 when it gets extremely busy. I am also concerned about my undergrad loans coming off of the debt freeze. Any help would be appreciated, thanks!
Let's ask real questions first - why would you want to take on an additional $80-100k+ of an NYU degree when you already have unpaid UG debt? Do you see yourself paying these off in a timely and efficient manner?
The pricing of the NYU MSRE is ~$100k+ once the new prospective increases take effect.
60 hours a week? No. Hate to be the bearer of bad news, but that just isn't possible. We have/had a bunch of part time interns going through MSRED programs (both NYU and Columbia) and if they're working more than 20-25 hours a week it shows. To double or triple that is just not a sustainable workload.
What I don't understand is why you need the degree. You have a job. Presumably you haven't hit a wall in your career progression. Why not work on reducing your existing debt and see where your career takes you before shelling out for a credential you may not ever need in the first place? Any graduate degree should be for a specific purpose in pursuit of a specific goal, not a generic "oh this would be nice." A ton of the benefit of those kinds of degrees is in the networking and socializing - you'll learn all the hard skills on the job, and I guarantee you a year or two of actual work experience will stand you in better stead and be more impressive to a future employer than an additional degree. So if you're not going to have time to go out and socialize with your classmates or go to the career days or whatever... then what are you actually getting out of this?
To echo above that's impossible, even if you were working 40 hours a week with 60 during busy times that would be hard to schedule. I know people who work full time aka closer to 40-50 hours a week max in RE and they take one class at NYU a semester maybe two.
Columbia you would have to go full time they don't have a part time option. Feel free to PM me, what are you looking to get out of the program? Definity a good network but candidly Columbia has a larger concentration of more interested and experienced real estate professionals in their program from my personal experience. NYU seems to be accept anyone for the money from what I've heard it's like a 50% acceptance rate but still very well regarded and opens doors. Columbia seems to care more about their students with nicer events and classrooms, they also are a smaller class (I'd say 100 or so going through Columbia at one time where as NYU there could be 3-400 since some do accelerated, full time, or part time). Seems Columbia may do a better job at connecting their students with job opportunities, but their campus is very far away and you're taking 16-18 credits a semester to graduate in the year and a half.
I'm at NYU btw, great program but just being honest from what I've seen. The Hirsch Program at NYU has students I would say that are very interested and smart, some NYU students I think how did you get in here. Keep in mind there are different concentrations of RE Finance, Asset Mgmt, and Construction Management but a larger range of people with little to no RE experience coming into the program.
To get clarity here. Are NYU's MSRE courses mainly offered during the day? I.E lets say i work 30/hrs a week, but still need to be in office a main portion of this time, would i be able to take classes in the evenings or will i need to hop out in order to go to classes during the day?
Both, you can do morning, mid day, or later like 6/7pm. Depends on the classes that semester but always night class options, there are people doing that now - you'd want to take 2 classes a semester at least because otherwise it takes forever to finish.
Second this. You would be drastically diluting (i.e., lack the time, focus, energy, and attention) one of the main reasons folks in NYC do the NYU MSRE for networking. It is probably one of the best RE investment networking programs in the country if done properly, but that won't mean much, given that schedule.
There are a lot of very smart people who have taken it and are currently in it. To be honest there are also a lot of foreign students who barely speak english and people who you think are straight morons. The intelligent people to stay in touch with that know real estate will be few and far between tbh. There's a handful I can think of a few semesters in.
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