Real Estate Analyst Career Change

jqbuyside]MBAs get paid more, it's really that simple. And if you look at the payback calculations, it usually only takes about 3.5 years to re-coup the cost.

http://www.forbes.com/lists/2011/95/best-business-schools-11_rank.html…]

I wouldn't say MBA's always get paid more and its not that simple. I would say that it depends on the situation. When I was in the job market, my recruiters told me I was competing against MBA-level candidates and the reason was becasue I had more relevant exp. Depending on the firm and the role, some firms may take a strong MBA over someone with relevant exp or vice-versa. However, most firms will take someone with relevant exp over someone with a strong MBA.

@OP: With your exp, I think an MBA would make sense since it should augment yoru exp and skills.

[quote=jqbuyside

As far as real estate goes, I have a fairly lengthly article on the industry here:

http://www.lifeonthebuyside.com/kicking-the-bricks-real-estate/

Hope that helps.

^^^That's great info!

Thanks! This was a great article.

RE Capital MarketsWhat type of analysis are you looking to do? I am assuming acquisitions-type analysis. However, I think asset management-type roles would suit you better given your exp. The jobs outlook for asset managment is still a little better than acquisitions.

I am assuming you have a basic understanding for real estate finance and Argus. How's your Excel exp?

An MBA may or may not be necessary depending on what type of role and firm you are targeting. IE you would need an MBA to transition into a legit PE (Blackstone/Carlyle Group) or top REIT (Vornado) with your exp but not to break into a strong regional owner/operator.

Either way, finding entry-level work is still a challenge. The job market has yet to absorb the talent that was laid off recenlty and there are people with more exp than you who would probably take the same jobs you are targeting.

My excel experience is above average. I've learned financial modeling at my NYU classes and I am interested in acquisition. If I have the opportunity to become an analyst with residential properties versus commercial, do you think I should just take it just to get into real estate finance?