For those interested in a career in the practical field of real estate development, an advanced degree is often the best way to break in. Many of the most successful real estate developers in the country have a degree beyond a bachelor’s and have used their business and legal knowledge to become successful. The first steps are realizing the skills you need, what you want to do, and finding the program to get you there.
What Can You Do in the World of Real Estate?
A graduate degree in real estate studies can open doors in a variety of different industries. Becoming a real estate developer may be the first career path that comes to mind, but it’s by no means the only option. Here are just a few of the other common jobs for graduates of real estate programs.
Real Estate Analyst
Real estate analysts use a variety of tools to analyze the current real estate market. They use their knowledge to research projects for clients and serve as experts in strategy and planning.
Real Estate Investment Banker
Real estate investment bankers work on the financial side of things. This entails creating financial models, preparing market reports, presenting statistics, and more.
Site Acquisition Manager
Site acquisition managers are in charge of finding locations for building projects. This involves analyzing performance metrics and potential funding opportunities.
Developing Your Skills in Real Estate
Attending a program like Georgetown University’s Master of Professional Studies in Real Estate will give you many applicable skills to utilize regardless of what direction you choose to go with your career. Completing a higher education real estate program will teach you to:
- Obtain a 360-degree view of the real estate industry, exploring developmental, financial, construction, environmental, design, and corporate aspects
- Master core concepts in real estate finance, law, markets, and accounting that are essential to success in the real estate industry
- Develop proficiencies navigating ethical and legal scenarios as well as legal agreements that govern relationships between parties, and learn to manage projects with integrity
- Investigate the ways that sustainability relates to ethics, economics, construction, and operations in real estate development
- Master the intricacies of managing real estate projects for development and construction, learning industry best practices for contracts, subcontracts, cost control, and administration
- Adopt a view of real estate as a global industry, requiring understanding of cultural differences between U.S. and foreign investors
Hard Work, Experience, and Knowledge Pay Off
There are many avenues to success in real estate when you have the necessary skills. The most successful professionals working today used knowledge in marketing, negotiation, property management, and more to get where they are, but the common denominator is always experience and hard work grounded in the basic knowledge and teachings of business and real estate development.
If you would like to learn more about the online Master’s in Real Estate program offered by Georgetown’s School of Continuing Studies, request more information or contact an admissions representative at (855) 725-7622.