Best Choice for Master's Degree

[Garret Collins]

I'm a senior undergrad in a science major and I decided I wanted to change career paths. I want to start a real estate investment company that focuses on wholesaling, flipping, and multi-family rentals. Should I pursue a Master's in Real Estate or an MBA with a Concentration in Real Estate? Which of the two would be better for my goal? Thank you.

[Steve McGovern]

Garret, although the prior posters are absolutely correct, I think a lot depends on (1) your personal goals and (2) the market in your area.  I've had many conversations with people on a national basis who say that (almost) any college degree is (almost ) always a waste, and in their areas, they may be right.  

However, In the Northeast, the professional norm is to have some academic degree.  Furthermore, who says you can't start your business and then ultimately get bought out (for big bucks) and professionally absorbed into one of the big guys?   

Finally, speaking for myself only, I happen to like school. I don't have an MBA or an MSRE, but I do have a BA and 5 academic certificates from Universities that dovetail with my interests in Real Estate. (Legal, Negotiation, CRE, CRE Finance, and Construction Management) There are alternatives and options. A Salesperson's License will begin your RE education, as well: Less formally than an MRED, but more formally than other options.

So...  where do you live?  And, please define your goals a little better.