"If you are currently working in the area of real estate, and want to advance your career, consider getting a MBA in Real Estate. This degree will help you gain an expertise in areas like commercial real estate. You will increase your clientele, which has a positive impact on your earning potential. To advance in real estate, you need to have the ability to bring in sales, and the proficiency for a promotion to a managerial position."
An MBA with an emphasis in real estate enhances your skills by educating you in real estate courses and business classes. The MBA program's curriculum includes classes in investments, management courses, real estate finance and property development. There are many schools that offer this program with options to take the courses online or on a campus. Taking online classes is a great option if you are currently employed in the profession. Online courses offer flexibility, because you can complete the courses at your own pace. Most programs do require an internship and MBA programs require an undergraduate degree from an accredited school and two years of real estate experience. Marylhurst University has an online MBA in real estate. The program offers four enrollment times a year, and includes a solid business foundation that focuses on real estate. Students learn how to demonstrate their understanding of trends in marketing and statistics and understand the concepts surrounding commercial and residential mortgages. The online program can be completed in 18 months.
There are many career opportunities for people with MBAs in real estate. People with this degree get jobs as real estate office area managers, real estate brokers, property managers and real estate accountants. The salaries in these fields depend on many factors. The median salaries are $89,000 a year with the lifetime value of this degree being almost $2 million.