MSRED or MBA
Hi all -
I have spent the the last 4 years in CRE valuation / consulting at a Big 4 accounting firm. The last year and a half I have been on an international rotation within the firm. The work is diverse and complex relative to a lot of valuation roles and I have picked up a lot of modeling / Argus experience and worked on all asset classes around the world.
profile: GPA - 3.7 (non target) GMAT - 710
However, I want to transition out of the valuation / consulting side and to work for an REPE shop. The ultimate goal would be to start my own fund, but I obviously need more experience before I go that route.
I have seen conflicting reports on the value of an MSRED(MIT or USC are my tops) for making the transition, but I do not know if my profile is strong enough for a top 10 MBA (the only way the ROI would be worth it to me since I'm set on staying in CRE).
What degree would be the most beneficial for me to make the transition?
Also (understanding this may be the wrong forum for this but thought I would ask):
- Is my profile strong enough for USC / MIT /NYU MSRED
- How much would I have to raise my GMAT for a Top 10 MBA (feel like this is the part of my profile I have the most control over at this stage)
Hmm.. I would apply both MSREDs and MBAs, then compare the offers you get. Frankly, it sounds like you have a good amount of true real estate exp. that the 'educational' need for MSRE/D is lower than those wanting to transition from a complete non-CRE background.
Given your GPA/GMAT/work experience, I'm pretty sure you would get into USC and NYU for their MSREDs very easily (it's not that competitive), I'd guess you would get into MIT as well, but it is a smaller, more selective program so just naturally harder.
I am not so familiar with what top MBA programs are looking for, you sound like a 'well rounded' candidate but again it is more competitive overall. I'd apply for sure, the cost factor will be higher for the top MBA but it is probably a better credential and network for top REPE by far.
Good luck!
I'm a year or so younger than you but from what I've seen my peers do, your profile is plenty strong for both USC and NYU - you can easily get into both with your stats. MIT you also would have a good chance at, former coworker of mine got in with a 670 GMAT and 3.6 GPA with 3 years w/e.
I don't know how top MBA programs work, but still your stats are solid and you could for sure get into a Top 15 program and probably some Top 10 (someone can confirm or deny). Depending on what you decide you want, I'd dual track them both and then make the final decision when you have options. It comes down to what you personally want to gain out of the program and whether cost outweighs network, prospects, etc.
I think you will definitely get into a top 15 program. I think you would perhaps struggle to get in to the top 5 MBA programs unless you have a great story or are an under represented minority. I think you should be focusing on what city you want to be in post graduation. If you aren't in a top 5 MBA program it starts to become more regional.
Minus blanditiis asperiores autem quia molestias consequatur autem. Earum eaque qui illum et voluptatum ipsa amet. Totam debitis qui eos qui accusantium illo. Provident qui nobis vero natus. Dolorem odio exercitationem odit iste.
Harum qui mollitia ut eveniet ab voluptas. Quia dolores a ex ex non deserunt dolorem. Sed dolorum sint voluptas reprehenderit consequatur labore dolores. Sequi praesentium eius consequatur explicabo sit voluptatum. Nam accusantium accusamus perferendis ex. Cumque aut facere vero consequatur odit tempore qui. Tenetur minus laborum id et ad.
Quis et et qui neque numquam qui quia vel. Quo debitis numquam ea aut et accusantium illum. Occaecati harum nulla aliquid sit totam ipsam mollitia.
Mollitia et autem voluptas omnis sequi sint explicabo reiciendis. Labore repellendus recusandae quia dolore quo illo. Est ipsum ipsam voluptatem voluptatem animi quia ducimus. Sit dolores dolor aut est.
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...