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Updated over 5 years ago,
Master in Finance or Real Estate
I am currently a Junior in undergrad with a 3.97 GPA Major: Finance Minor: Econ. and I have a real estate license (I have worked with apartments mainly in the range of $500,000- $7,500,000). I can either do a +1 semester in my undergrad at Northeastern and graduate with a Masters and Bachelors in Finance or apply to MIT for a Master in Real Estate (I should be able to get in).
I already own property and have good job outlook as is. I just think that the Masters will help me with upward mobility at a large firm or help gain investor confidence for my own deals.
Any advice welcome.
@Alexander Burton, a masters from MIT will certainly make you more attractive to the large firms. Is this an MBA with a RE focus or something different? An MBA will be more flexible overall. You're still young and my decide in 5 years that you hate RE. A MBA would provide a lot of options.
The real question is cost, both opportunity and actual dollars. Could you move a career in RE further by working in the field than you would getting a graduate degree? Maybe. How much debt will you graduate with? If you go for the additional programs, will that add additional debt? Right now while you're still in school it can seem like play money, but once you're out and paying it back, it can be overwhelming.
I went to an Ivy League school and graduated with debt. Fast forward several years add a mortgage and a couple of kids in the mix...man, it would be great not to have that student loan payment. That being said, I'd never have the job I have today, nor an incredible network, if I didn't get that degree. So, there's a lot to weigh when making your decision.