I just finished a graduate degree in Real Estate Development at top 5 program. I have 4 years experience in architecture at a midsize development firm, and am looking to expand into development role at the firm. I'm looking for a compensation range I can request as I transition...I'm currently making around 70k with 10% bonus. Any feedback would be greatly appreciated.
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You may be able to get a bump to 80K with a 10-15% bonus depending on the market and the firm (Comp varies wildly firm by firm) but I think where you are at 70K with a 10% bonus is a good assumption.
Thank you for the feedback. So it may be best to get acquainted with my current development role and stick with this salary for a short while...and the trajectory would be to work up next to a Development Manager position which would bump salary a bit at that point?
No you didn't. There is not any reputable ranking system of MSRE/MRED degrees. Don't fake this.
$70k with 10% isn't bad. I've seen anywhere from $60k/20% to $85k/25% right out of school. There are outliers of course, higher or lower, but that's a normal range.
There is this whole thread too: https://www.wallstreetoasis.com/forums/what-is-your-compensation-in-rea…
Tons of data points
Thanks
Let’s be real here. Just because there isn’t any formal ranking of these programs doesn’t mean it’s comparing apples to apples. Op would carry much more weight coming from MIT than a more regional program like Hopkins.
Much weight in what?
Finding a job at a big name firm? Sure. Additional comp? Not necessarily.
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