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Updated over 4 years ago on . Most recent reply

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Lawrence Harris
  • Metro Detroit, MI
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Finance Degree for investing in real estate?

Lawrence Harris
  • Metro Detroit, MI
Posted

Hi all,

New member here from the Metro Detroit area! 
I’m currently working as an engineer but was thinking about going back to school for a masters degree in finance. I know it’s not necessary, but could it actually prove to be useful? I’m intrigued by the idea of learning as much as I can about finance and money in general in order to make smarter financial decisions. I’m still in my 20s and my goal is to start investing in real estate soon and eventually scale up to large apartment complexes. I’m interested in hearing about what you all have to say, especially those with a finance degree or similar and your experience
trying to apply your degree to your everyday life and real estate journey!

Thanks!

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David M.
  • Morris County, NJ
2,575
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David M.
  • Morris County, NJ
Replied

@Bill F.

I don't disagree, but I just think its overkill.  Just like my engineering degree vs. trade example.  You can do it.  It depends on one's personal taste.  It depends if OP just really wants to learn more about "money," or wants to also learn "lots of other stuff."  For some people they need the book learning or can apply the book learning to real world applications.  The APPLICATION of the principles and critical thinking is what separates those who find higher education useful.  I think one needs to also understand that not every degree program is the same.

I would also second your notion that the degree could provide a basis for multiple avenues.  Many people think of only one career and that education only provides value for it.  Higher education, when obtained and received properly can provide many tangible and intangible competencies that are applicable to multiple fields or business endeavours.

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