I want to become a Real Estate Developer in the future.
I am a fresh->soph at community college, studying Econ.
I want to sacrifice UCLA and go to secondary schools so
I can save money and time to get my MBA faster.
Is that a good idea? Any other suggestions and
comments would be helpful. Thanks!</p>
<p>I don't know much about real estate, but I'd think that for becoming a realtor or something, you just need to have a decent background in business and just be able to have good selling ability, which no major can really teach you. Econ could be useful though since it will teach you about what shifts demands, in a way how people think, etc.</p>
<p>to be a realtor, you just need to pass a test. to be a developer? money and a company? </p>
<p>to be frank, I really don't know. Real Estate has alot of family connections involved. not that many people go to get their MBA to be a developer.</p>
<p>Actually, a lot of students go for MBAs with aspirations of becoming real estate developers. MBAs are becoming more and more prevalent in commercial real estate.</p>
<p>Real Estate is not an easy industry to break into and you should give yourself every possible advantage. I would recommend attending a school with a strong real estate program and RE alumni base.</p>
<p>If your intention is to go back for your MBA, it really depends what type of jobs you can get out of undergrad. If you can get comparable jobs from a secondary school, then go there, but otherwise you should go to UCLA (or somewhere like USC which has a strong real estate program).</p>
<p>For your MBA, you will want to attend either a top 5 MBA program or a top real estate program (examples: Wharton, UNC, USC, Texas, etc) to maximize your chances at top real estate jobs. Obviously, you will need a strong profile to be accepted to any of these programs. Upon graduation from one of these programs, you should expect a 6 figure income. Keeping that in mind, the cost difference between UCLA and another program for 2 years of school is probably not that great in the big scheme of things.</p>
<p>Not knowing a lot about your situation, I would advise you to make a well thought out decision prior to discarding UCLA.</p>
<p>If you want to develop real estate, even an engineering background (maybe a few structural eng courses of some kind) will be beneficial because you'll have compete with other products, on a sometimes technical level. Also, you'll know how to build your houses cheaper and better.</p>
<p>^ That knowledge isn't as beneficial as one might think though. It's nice to have, but it will do little to help you break into the industry, and if you ever become a developer you will work with engineers that can do that for you.</p>
<p>Also real estate development encompasses more than building houses. It encompasses developing just about everything you see outside including skyscrapers, mixed-use developments, industrial parks, shopping centers, hospitals, etc.</p>
<p>Doesn't Wisconsin have a good real estate program?</p>
For your MBA, you will want to attend either a top 5 MBA program or a top real estate program (examples: Wharton, UNC, USC, Texas, etc)
Out of curiosity, since when did USC become a top 5?</p>
<p>Perhaps you missed the "or" as I never said that USC was a top 5 program. The programs I mentioned have top real estate programs.</p>
<p>Wisconsin has a very good real estate program, and I would assume has a very strong alumni base in Chicago and Minneapolis. In terms of MBA programs, it is not at the level of the programs I mentioned but is still a good program, especially if you are interested in living in the midwest.</p>