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Breaking into (Real Estate) Finance

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Expert replies
by AzDraon » Thu Jul 28, 2011 12:51 pm
Hi everyone,

I only recently decided to pursue graduate school, because I had never considered it a possibility for me. I will provide a (relatively) short background of what I have done, skip if you feel it is irrelevant:
  • In high school I struggled with my classes and was happy to escape with a 2.4 GPA.
    Went to Arizona State, and never took part in any clubs or activities, taking 6 years to graduate with a 3.05 with a bachelors of interdisciplinary studies for business and economics degree.
    During some of this time I worked: 2 years as a student worker in IT, 1 year internship in IT, a 7 month internship with Disney (only did customer service and stocking), and finally a 3 month internship for a REALTOR (which turned into a full time job after graduating).
    I graduated last year and have continued to work for the REALTOR as a Transaction Coordinator. I don't make much money and have tried to find another job, in the real estate field, but competition is stiff, and not many jobs in the area I would like to start my career path in.
I love real estate, but the area that I am in I do not have much interest in. I would like to work in the corporate field of real estate. I have a very analytical mindset, but no professional and very little educational experience using this strength.

So I want to go back to school, either getting a Master of Science in Finance with a Real Estate concentration, or an MBA in Real Estate Finance. I have ruled out the chance of getting accepted by the Top 10 business schools (Mainly for the little post-grad work experience I have, and no real promotions). So I was thinking it might be a good idea to get the MSF (and from what I understand, it is a lot easier to get into a good MSF program than a good MBA program), work for 2-3 years as an Analyst at a Real Estate Investment Trust (REIT), or something in the area of Real Estate Finance, and then try my hand at getting into a Top 10 MBA program.

Like I said before, I do not make a lot of money at the moment, and I am even moving back home to save up, in order to afford a GMAT Prep Course and application fees. My goal for the GMAT is a 700+. I do not know how much my score alone is able to carry me.


Would anyone be able to provide their two cents to tell me what they think of this strategy?



The schools for the MSF programs I am looking at are: (I chose these schools specifically for the real estate courses that they offer)

University of Illinois at Urbana-Champagne
Vanderbilt University
University of Texas at Dallas
Tulane University
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