Scope for BS in real estate? US guys know it better

<p>Guys I am an international student and I heard about NYU SHACK institute which offers a course BS in real estate… I wanted to know is this course good enough for an international student to land him a job in US because I have heard bad things about career in real estate in usa because of current market conditions but you guys are living there and you know it the best …You know if this major worth ? Also I would like to know how you compare this program with a degree majoring in accounting in a school like sjsu or similar standard…
Curiously waiting for your opinions…GOD BLESS ALL</p>

<p>Real Estate is generally not a degree program at most US universities, and the vast, vast majority of real estate professionals in the US did not major in real estate.</p>

<p>NYU has a reputation for being one of the most expensive schools in the country with really stingy financial aid.</p>

<p>The RE investment market is strong right now. If you want the fast track to a top investment RE job it does pay to major in RE at one of the top programs which would be at Wisconsin, Wharton, Berkeley and USC. H and B does not know what he’s talking about. I do.</p>

<p>Barrons,</p>

<p>You cannot major in “real estate” at Berkeley… they have a few undergrad classes in the Haas School of Business. At Wharton, you cannot get a BS in real estate; you get a BS in Economics, and can choose a “concentration” (4 classes) in real estate. </p>

<p>Also, the vast, vast majority of real estate professionals did not major in real estate. That is just a fact.</p>

<p>The vast majority of few jobs actually majored in it BUT a good RE major will put you in the front of the line with the top firms and you dont start at the bottom. And the pay and employment rates are both much higher than for your avg college grad these days.
And UCB has a PhD in RE. At Wharton RE is a concentration just like any other UG biz area. UCB essentially the same. Four classes is a good foundation when you have all the other B school classes.</p>

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<p>Sorry I have to differ from Havard<em>and</em>B. Barrons is right, you CAN have a real estate concentration in Berkeley and NYU for that matter and the large RE firms will pay top dollar for those graduates. </p>

<p>You see, RE is a big business in any country and it involves in many facets. While most of the RE professionals are not major in RE but a RE major from top schools does have a place in large RE firms, these firms are into Commercial RE where Hundreds of Million Dollar of Investment in one building is very common, at that level, a RE major has its place to plan, manage and control its acquisition, leasing, construction and maintenance.</p>

<p>Berkeley does not have a BS in Real Estate.
You can get a BS in Business from Haas School of Business.
You can take a few electives in real estate, but there is no major in real estate.
In fact, they currently only have 3 real undergraduate courses in real estate, and 1 “special topics” course.</p>

<p>180 Introduction to Real Estate and Urban
Land Economics (3)
183 Introduction to Real Estate Finance (3)
184 Urban and Real Estate Economics (3) </p>

<p><a href=“http://www.haas.berkeley.edu/Undergrad/pdf/requirements_for_degree_F12.pdf[/url]”>http://www.haas.berkeley.edu/Undergrad/pdf/requirements_for_degree_F12.pdf&lt;/a&gt;&lt;/p&gt;

<p>At Wharton… undergrads get a BS in Economics. Not in Real Estate.
Students can take some upper division electives in real estate, but the degree is Economics.</p>

<p>As for bringing up MBA/PhD programs… who cares… the OP was asking about undergrad BS Real Estate degrees. The fact is, most universities do not offer real estate degrees and will not allow students to specialize too narrowly like that.</p>

<p>If the OP is interested in real estate, they should look more broadly at undergraduate BS Business degrees in general, and take some advanced electives in real estate.</p>

<p>When did I say they had a BS in RE??? You CAN concentrate RE same as Wharton. Both are listed by USNews ug business top RE programs along with UW and USC. In my 30+ yrs in the business I have met many grads of both.</p>

<p>UCB Real Estate Program</p>

<p>Undergraduate Program</p>

<p>Real Estate provides a popular set of courses in the Undergraduate Program because students learn to apply analytical tools from finance and economics to a large and dynamic market as well as test their skills through applied field work in student initiated class projects.</p>

<p>The real estate industry also offers excellent summer internships to undergraduate students and full time employment after graduation in such diverse activities such as real estate investment banking, consulting, insurance financial services, real estate investment trusts (REITs), major brokerage firms, and real estate e-commerce startups. Students can further develop their skills through participation in the Undergraduate Real Estate Club (UREC).</p>

<p>Let’s recap the thread:</p>

<p>The OP was asking about BS Real Estate programs. I went on to say that most US schools do not have BS Real Estate programs.</p>

<p>You said “it does pay to major in RE”… implying that you were talking about RE degrees of some kind. I then pointed out the schools you listed do not have majors in RE, but have electives in real estate within general business or economics degrees. I finally stated that the OP should look more broadly at business degrees in general and take some advanced electives in real estate.</p>

<p>Semantics. As a foreign student he is probably not aware of how many degree programs even work. Many ug business degrees are BBA for one. Not BS. Expand your mind a bit. You know what they say about small minds right?</p>

<p>Yes, you are playing a game of “semantics.” Good to end he thread on a point of agreement ;)</p>

<p>Guys u did not answer the second part of my question,
Also I would like to know how you compare this program with a degree majoring in accounting in a school like sjsu or similar standard…</p>

<p>Here is the deal:</p>

<p>International students can only work in jobs that are approved for CPT while they are in college, and for OPT after college. For most fields of study, the OPT ends after 12 months. If you have not found an employer who will sponsor you for an H1B (work) visa when your OPT expires, you will have to leave the US. Many employers won’t hire a recent graduate for the OPT because they don’t want to train an employee that they know they won’t be able to get an H1B for.</p>

<p>You need to contact the places on your list and ask very specifically about job placement for international students. You need to know that your degree will actually get you that first job.</p>

<p>The OPT rules change from time to time. The last time I looked, students with degrees in math, engineering, and science had more OPT time than others. Actuarial Science has that extended time. It might be a better major for you if you want a job here.</p>

<p>Harvard and Berkeley - Just to clarify a misconception about Wharton, every Wharton undergraduate degree is a BS Econ. but that does not mean a major in economics. It is called that rather than a Bachelors in Business Administration. The concentrations at Wharton are what most schools would call majors. [Concentrations</a> | Wharton Undergraduate](<a href=“http://www.wharton.upenn.edu/undergrad/academic-excellence/concentrations.cfm]Concentrations”>Concentrations - Undergraduate)</p>

<p>Here is a list of top 10 undergraduate real estate programs per US News:</p>

<p>[Real</a> Estate | Rankings | US News](<a href=“http://colleges.usnews.rankingsandreviews.com/best-colleges/rankings/business-real-estate]Real”>http://colleges.usnews.rankingsandreviews.com/best-colleges/rankings/business-real-estate)</p>

<p>@dvs6799 – Good advice from quakerstate, happymomof1 (if you want to work in the US) and barrons. Also, within real estate what area are you interested in? If hotels, commercial and related properties are of interest, the University of Nevada, Las Vegas (UNLV) has an excellent undergrad program in real estate: [Bachelor</a> of Science in Business Administration; Real Estate | University of Nevada, Las Vegas](<a href=“http://www.unlv.edu/degree/bsba-real-estate]Bachelor”>Bachelor of Science in Business Administration, Real Estate)</p>

<p>At the very least use it as a back-up school. The city of Las Vegas is also an excellent case study of real estate boom and bust cycles. Literally, one of the best “classrooms” where you can observe first hand what can go incredibly right and very, very wrong with real estate in your backyard.</p>

<p>With regards to accounting, make sure that you apply to a school where the top accounting firms recruit. These firms are Deloitte, PWC, EY, and KPMG. Many of the schools on quakerstate’s list are good accounting schools. However, if you are looking to the West Coast like you state in your post, look at schools like USC, Cal Poly San Luis Obispo, Cal Poly Pomona, many UC’s etc. The key is to know if the school is a preferred recruiting target school. For example Cal Poly SLO states it right on their web site that they are a preferred recruiting school for the big firms: [Academic</a> Areas ? Cal Poly, San Luis Obispo](<a href=“http://www.cob.calpoly.edu/academic/accounting-and-law/designations/]Academic”>http://www.cob.calpoly.edu/academic/accounting-and-law/designations/)</p>

<p>When it comes to choosing a degree, it is very simple. Choose what you are most interested in. If it is real estate do that and do not waiver. If it is accounting, a very different field, than do that. Remember, real estate is real estate and you will work in that realm. Accounting, will have you doing audits and tax returns for a while and would most likely be a very indirect route to what you want to do in real estate. Both are admirable fields, but different. I suggest that you go for real estate if that is your passion and then load up on the accounting courses as accounting is very much a part of the language of business.</p>