Thoughts on NYU Schack MS in RE while working full time
I'm a recent college graduate that just accepted a full time role in NYC on a good team in CRE capital markets. It's a well known firm so I'll learn a lot quickly, which is really exciting and I want to hit the ground running. However, before receiving the offer I applied to the MS in Real Estate Investment at NYU Schack just in case nothing full-time worked out. After accepting the full-time role, I was accepted to the NYU program for the fall.
I'm strongly considering doing the NYU program part-time while working full-time because I think it will be a good learning experience and hedge for my non-traditional major, and of course for the connections. I'm from a semi-target, and working hard/doing everything I can to find opportunities has been a major part of my story as a student and this seems like a way to prove that dedication to CRE through action. I have strong internship experience in CRE and a series of extracurriculars (clubs/case competitions) that are directly relevant to the field. I also think it might be a nice way to speak about my story, as that desire to grind/improve resonates with many in the industry. I'd really love to hear any advice that people might have, especially about the true value of the MS or if just going 100% in on the job would be smarter. Thanks!
Based on the most helpful WSO content, pursuing the NYU Schack MS in Real Estate part-time while working full-time in CRE capital markets can be a strategic move, but it depends on your goals and capacity to manage both commitments effectively. Here are some key considerations:
Value of the MSRE:
Balancing Work and Study:
Networking and Career Impact:
Opportunity Cost:
Long-Term Goals:
In summary, the NYU Schack MSRE can be a great way to enhance your credentials, expand your network, and deepen your expertise in CRE. However, it’s essential to assess whether you can manage the workload alongside your full-time job and whether the program aligns with your long-term career goals. If you’re confident in your ability to balance both and see clear value in the degree for your career trajectory, it’s worth pursuing. Otherwise, focusing entirely on excelling in your current role might be the smarter move.
Sources: NYU Masters Real Estate vs. Non-Ivy MBA, MBA or Masters of Science in Real Estate??, 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, NYU Part-time MBA doable while working 60-70 hrs?
You have good cre internships and you just landed a good role in capital markets. Now would be the absolute worst time to go to grad school. Focus on your new job because you'll prob be working long hours. The last thing you want to do is tell your boss you have to leave early to go to some grad program when you haven't even entered the work force. Do not start grad school now.
Seems really silly to start now if you're starting a new job in CRE at the same time. Get the experience under your belt first and then see if you want to revisit. But you've already broken into the industry.
Do not go to NYU. If anything, juggling the two at the start will hurt your career. I have never felt that the RE industry (especially in NYC) particularly cares for Masters degrees or MBAs. Go all in on the job, it’s a no brainer.
Nor does the industry care about your major nor the school you went to. It’s not banking. It’s all about tangible experience and relationships you build.
I was about half way through the NYU program before beginning full time work. If I had a good offer lined up before entering then I might have saved myself ~$100k+ without the program. That said, the networking opportunities within the program grew exponentially once I was in the industry vs. being a FT college student. My company also wanted me to finish the degree so they were flexible if I needed to miss some time from work.
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