MBA for Institutional Real Estate
Need some high level advice.
Background: I work in CRE (currently investment sales brokerage/advisory but in analytical role, not a broker) and in NYC have had somewhat circuitous career so far. Worked at a GSE out of college and have had various roles in acquisitions, development, leasing and now investment sales, but none at an institutional firm/brand name. I went to non-target but solid state school and majored in Finance with a 3.8 GPA. Been out of college for 8 years now, and resisted the idea of an MBA but the value has now become crystal clear and am now convinced it is worth it for me despite being a bit late to the game. Also worth mentioning that I have an international background (LatAm). Essay-wise, I believe I have a compelling story to tell.
Also, currently pursuing a Real Estate Finance/ Investment master's from a well-known Northeast school (with a 4.0 GPA) which I would finish before the MBA. I now view it as somewhat of a sunk cost; it's been a good experience but don't think this alone will get me where I want to go.
My goal is to work in institutional buy-side of real estate (e.g. REIT, REPE, investment manager) or possibly in CRE credit, ideally with an international focus. I've noticed most of the top shops have a strong preference for MBAs, especially for people without IB/PE experience. Have a couple things I would like to clear up:
- Is this a realistic goal for someone a bit later in their career?
- If so, is an MBA the only realistic way of achieving it?
- Is a top 10 MBA feasible for someone in my position? Ideally I'd like to stay in NYC or nearby (targeting Columbia, Stern)
- Given that it is late in the cycle, should I just aim for 2025? (Would really prefer to avoid this if at all possible)
- Is it worth hiring a (reasonably priced, can't afford $50k) consultant?
Would appreciate any input or insight into my situation from anyone with similar experience.
Aspernatur culpa veritatis natus libero rerum praesentium labore. Aliquid velit quaerat incidunt ad aut. Est magnam odio rem. Excepturi qui in dolore iure quibusdam ipsam voluptatum. Nemo omnis rerum aperiam.
Officiis tenetur quae sint ipsam cumque qui. Et modi error qui hic aperiam architecto. Deserunt similique perspiciatis non velit et aut qui.
At quo officiis voluptatum minus possimus quaerat. Eaque ipsa labore ullam natus neque molestiae excepturi. Odit debitis hic veritatis dolores. Ut eligendi veniam impedit quia illo quo numquam soluta. Autem magnam tempore aut ab blanditiis labore.
Nobis tempora maxime nihil occaecati nesciunt. Saepe ratione rerum qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...