The advantage is it's only one year program and top-tier. But it seems like it's not finance heavy. I got admitted into nyu's part time RE program but wondering if I should just quit my current 12hrs + job and study full-time so I can be fully committed and make the transition.
Anyone can share opinion? Thanks
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I think if You get into MIT's program you should take it. People in the industry at least in New York will look at you differently because you have a degree from MIT. The NYU masters degree is like a dime a dozen in RE Finance in NYC. Yes, they have 3 people they recruit into Blackstone every single year but there are like 75to 100 people in the program vs MIT's 30.Superficially it looks a lot better on your resume and will stick out.
when did you apply for the NYU's program and what term did you apply for? when did you hear back? Thanks!
I applied for spring 2017 in Nov and heard about decision in late Dec.
I'm a strong believer in committing full-time to a transition. It's what I'm going to do in the Fall as well.
Agree with this too
I think it is the only Master of Real Estate program in existence that I can honestly say is "top tier." You can make arguments with or against all of the others. The MIT program is the best.
Could you expand why you think MIT is the best?
I haven't met anyone that thinks otherwise. It's essentially MIT, and then everyone else. It's like Harvard undergrad. It'll always be just that little bit over everyone else. Not saying it's right, just the reality. Outside of the finance world it's a huge deal for most "normal" (blue collar type) folks. But then is going to NorthSwouthWestTech.
REfuturesee nailed it imho. MIT is a very rare degree even in places like NYC and will get you a 2-3x look. This, and half (prob more) the program, at least not too long ago, contains students from outside the United States, with Asia being a strong area (so --- you are not competing with them post-grad; devil's advocate/conversely - the network depth and breadth is limited given the class size and age of program as compared to a program like NYU which prob has the best and most regularly active/engaged investment network in the NY/Metro area out of the usual suspects). It will be more (avant garde / cutting edge technologically speaking) development and design focused than the finance/investment heavy places like NYU.
Good point. But I want to focus on finance/investment and leverage the networking opportunity. In this case, would you recommend Nyu? My goal is to get into Asset Management in top 50 shops (hopefully). Do you think nyu degree can help with that? Thanks
Where do you want to work?
Another nice thing about the MIT program is I think you can slide in a class at HBS.
And MIT and Harvard econ departments are top 2 worldwide if you are interested in Econ.
Writing this from my phone - please excuse if i missed something substantive in the to and fro back and forth... There is little doubt that NYU has a truly excellent, NYC uber-centric and long -historied re finance and investment program with a powerful active ny re alumni network to match (as many have mentioned - linkedin objectively proves this beyond a shadow of a doubt, thus the 'NYU is ubiquitous in NYC re investment/finance circles' bandied per usual on wso). With that considered, MIT's RE program is GLOBALLY portable from NY to San Fran to Beijing to Paris, and will get you where you want to go, with the usual caveat of hustle and networking legwork, in RE Finance to Development. Development would be where this degree outshines all others by a blinding margin. It would be worth every cent per credit and you could be back in action in just 12 months from what recall. I think the credited answer is do MIT lest there is a job opp that is equally credited or a top 5 full time american mba program beckons.
So you would still recommend MIT even though I want to focus on re finance and I'm currently in nyc and plan to stay here?
I get that NYU/Columbia could be top options for someone wanting to work in NYC, but based on your experience, how hard do you think it will be to find a job in the DC Metro area with a NYU degree? Impossible or just a little hard? On one hand, I could compete with Gtown/JHU grads with more local experience, on the other hand, its not like I am finding a job in Portland across the country with a NYU degree, DC metro area is like 200 miles away from NY. what do you think?
I would/do - all things weighed and considered.
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