Should I get an MBA with a focus in Real Estate or an MS in Real Estate?

MS in real estate will give you a more specific course work in real estate while in an MBA program, you will take one year of core course unrelated to real estate. Like I said before, get some experience in the industry and then you will know whether you need a graduate degree or not. If you decide to go to grad school, make sure you look at the statistics of the alumni (what are they doing and how much are they making).

Honestly, I am not sure you really need to get your MBA right now. You may want to have a long talk with your advisor about this.

If you are just now close to graduating with your bachelors in a business major, if you are like me, you will not be learning much of anything new. This is the way I felt after completing 12 hours of general MBA coursework. It felt really redundant to me. Most of the concepts I was being taught were things I learned on the undergrad level. I really felt like I was wasting my tuition dollars, so I switched over to IT even though it is still a part of the business school it is a seperate discipline.

MBA programs are really designed for people who have an undergraduate degree is something other than business, who want to learn more about business. They tend to have been out of school for a few years and have 2-5 years of full time work experience.

There has been a lot of articles written about how MBA students don’t really enhance their own employablitiy unless they go to a really prestigious university. For example if you could get into a top 50 MBA program, it would definitely be a good thing but doing so would require the full time work experience I just talked about, at least a 700 range score on the GMAT, and several good letter’s of reccomendation.

I would suggest you try working at the brokerage firm for a whiile and see how you like it. See how far you can advance in your career without acquiring the MBA. You may wind up saving yourself $1,000s of dollars by doing so.

I would also suggest purchasing the US NEWS best graduate schools magazine that comes out every year. That way you can see how competitive it is to get into the best schools and you’ll know what you are up against. There also tend to be some great articles in there that will give you a lot of insight on Graduate School & MBA programs in general.

Good luck!