Wednesday, 13 January 2016

Scope of MBA in Real Estate & Infrastructure Management

The Indian real estate sector is one of the most globally recognized sectors. The share of real estate sector in India’s GDP is expected to rise from 6.8% in 2013 to 13% by 2028. In absolute terms the size of the sector is expected to increase seven times from USD 121 Billion in 2013 to USD 853 Billion in 2028.  In the country, it is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. There is huge scope in making career in this sector and there are several Institutions today which are offering courses in Real estate, construction and Infrastructure management. With our Prime minister’s focus on providing housing for all and developing smart cities in the country, it is an excellent opportunity to make a career in this sector. Further, the Government’s push towards both new city developments and infrastructure creation & augmentation has given a major boost to the sector. With large planned budget outlays being invested into these industries the entire economy is expected to get a jump-start. The industry needs to plan for this growth in terms of skilled manpower requirements that the expected growth will generate. The already large skill gaps in the employed workforce and general shortage of new hires will need to be overcome by industry. This can be achieved by collaborating with academia on industry specific course development, research and training of its manpower at all levels including managerial and wage earners whether employed or outsourced.

MBA in Gurgaon
Scope of MBA in Real Estate & Infrastructure Management
Today it is the world of super specialization and every industry has specific manpower requirements. A course in Real Estate and Infrastructure Management gives candidates an opportunity to develop industry specific skill sets. At School of Management Studies (SMS), Ansal University, we offer a two-year MBA in Real Estate and Infrastructure Management to cater to the burgeoning needs of the sector. School of Management Studies is the best MBA College in Delhi. SMS, Ansal University is the Best B School in India and is situated in the heart of Gurgaon city, which is the corporate hub for more than 400 multinational corporations. The USP of the programme is the strong industry interface for not only curriculum development but also providing live projects, internships and placements. With the background and collaboration of the Parent Group Company, Ansal API, Ansal University has the appropriate experience in developing and delivering real estate industry specific courses. The faculty has formal experience in the sector and this enables students to have the required exposure. After the completion of the course, the candidates are able to smoothly transit to the corporate world. So, it becomes absolutely worth it for aspirants to pursue specialized courses rather than General MBA where they don't get exposed to the requirements of the specific sector.

With respect to jobs available in the domain, apart from the core professional opportunities as engineers, architects and planners, this sector has jobs in the area of sales and marketing, finance, human resources, project planning, facilities management, research and consultancy, brokerage, valuation, financing etc.

There is a lot of growth that can be foreseen in the sector and hence there is a need for dedicated and competent professionals here. Real Estate Industry is at the threshold of its Golden Era. There have been several researches conducted by professional organizations clearly pointing towards the growth of the industry. And this growth in Real Estate Industry is likely to result in a serious shortage of Skilled Manpower at all levels and across all skill sets. In fact, already there is a shortage of manpower in core professions group of civil engineers, architects and planners, leave aside the functional domains. There is a pressing need to have dedicated professionals for this sector.  In fact, this sector has a plethora of opportunities for students with the right attitude. If they work hard and are able to have a good conceptual understanding combined with critical thinking, there is no stopping them from being successful. School of Management Studies at Ansal University, the best MBA Colleges in Gurgaon takes pride to claim that we are the pioneers in responding to the need of of the industry hence have launched this MBA in Real Estate & Infrastructure Management. 

Dr. Amarjeet K. Malhotra
Dean – School of Management Studies

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