Top 5 MBA Destinations: The Top Hiring Companies in Manchester, UK
With a rich history dating back thousands of year, the Northern UK city of Manchester is known for its industrial heritage, textile industry, literature, the Trade Union movement, women’s suffrage, and, of course, Morrissey.
Continue reading…Best Real Estate MBAs in the Northeast
While a career in real estate is not one of the most popular options for MBA graduates, it is a solid choice. The U.S. real estate industry pulls in over $166 billion in revenue each year, and markets in India, China, and other emerging economies are poised to expand. So, the question is, if you’re looking to go to school in the Northeast, where are the best MBA programs to help build a career in the industry? We’ve highlighted five of our favorite Northeast real estate programs below.
The Best Northeast Real Estate MBA Programs
The NYU Stern School of Business offers full-time MBA students a chance to specialize in real estate. According to the school, it “provides rigorous training in the development, investment, and financing of real estate projects.” Students who choose the specializing are taught to think strategically about real estate in primary and secondary markets including the legal, taxation, and regulatory environments they’ll encounter.
Real estate MBA curriculum includes classes such as:
- Real Estate Development and Entrepreneurship
- Real Estate Transactions
- Real Estate Investment Strategies
- Urban Systems
Real Estate Outside the Classroom:
- Center of Real Estate Finance: Established in 2012, the Center is dedicated to expanding the School’s course offerings and career services in real estate. It’s open to both MBAs and undergraduates alike and offers monthly events, research and more.
- MBA Real Estate Club: The Stern Real Estate Club (SREC) offers guest lectures, panel discussions, mixers, site visits, and case competitions for MBA students interested in expanding their real estate experience and insight.
The Georgetown University McDonough School of Business also offers a specialization in real estate for MBA students, which can include an intensive learning experience (ILE) in real estate development. ILEs are elective courses that offer client-centered work and experiential learning opportunity off campus in a concentrated time format.
MBA students interested in real estate can take courses in:
- Real Estate Private/Public Equity
- Real Estate Private/Public Debt
- Negotiations
- Fixed Income Analysis
Real Estate Outside the Classroom
- Steer Center for Global Real Estate: The Steers Center “offers students unparalleled access to the real estate industry at a global level.” Students gain hands-on experience with the D.C. real estate market through a range of activities from alumni mentoring to internships, job contacts, and more.
- Real Estate Industry Career Coach: Georgetown offers a career coach with specific industry knowledge and relationships in real estate. This career coach will help MBA students with their resume, cover letter, mock interviews, and networking strategy.
At The Wharton School, MBA students can major in real estate. This major includes two required courses in real estate investment and real estate development. The goal of the major is to “prepare students to be leaders in the real estate industry” and provide the necessary quantitative and qualitative tools to be successful. Offered since 1985, the major has grown in scope and size over the years.
Additional courses in real estate that Wharton MBA students can enjoy:
- Global Real Estate: Risk, Politics, and Culture
- Urban Real Estate Economics
- Real Estate Law
- Real Estate Entrepreneurship
Real Estate Outside the Classroom
- Samuel Zell & Robert Lurie Real Estate Center: Each year, the Real Estate Center sponsors conferences, seminars, and special programs for students and faculty interested in real estate. Established in 1983, it promotes excellence in real estate education and research.
- Wharton Real Estate Club: The Wharton Real Estate Club provides career development, mentorship, and networking opportunities for students at Wharton. Of particular note are the treks and tours that allow students to meet prospective employers, visit project sites, and gain first-hand experience.
The Columbia Business School’s MBA Real Estate program “provides students an unparalleled opportunity to expand their entrepreneurial skills while focusing on real estate finance and investment management.”
The program encourages students to view real estate as both a physical and financial product by emphasizing a blend of theory and practice. Throughout the curriculum, students work on 65-plus proprietary real estate business cases taught by real estate professionals.
The real estate curriculum differs every term, but it includes courses such as:
- Real Estate Finance
- Real Estate Transactions
- Real Estate Portfolio Management
- Social Impact Real Estate Investing and Development
Real Estate Outside the Classroom
- Paul Milstein Center for Real Estate: The Center for Real Estate integrates the theoretical and practical knowledge of real estate. It offers regularly hosted events including panel discussions, conferences, alumni career breakfasts, and symposiums
- Fellowships & Scholarships: Uniquely, Columbia offers multiple fellowships and scholarships for MBA students interested in real estate. Awards can be as much as $50,000 a year and are both merit-based and need-based.
Full-time MBA students at the Rutgers Business School can customize their education with a real estate concentration. In total, students who choose this path will take six courses in real estate including strategic management. They can also pursue a dual concentration in finance and real estate, which requires them to take a course in aggregate economic analysis.
Other potential real estate courses that MBA students can take, include:
- Real Estate Finance
- Real Estate Capital Markets
- Market Analysis and Valuation
- Property Management and Real Estate Investment Management
Real Estate Outside the Classroom
- Center for Real Estate: The Rutgers Center for Real Estate is a dynamic hub for students, academics, and professionals. It aims to educate, research, and exchange ideas on real estate. Currently, more than 95 real estate professionals lend their influence to the Center.
- Rutgers Real Estate Club: The Club is a “place for people interested in real estate, internships, and everything business. It brings together experienced speakers for a variety of events and opportunities.
Rutgers Faculty Member Moving On Up – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Rutgers Lends Expertise to Newark – Rutgers Business School News
When Newark’s Community Economic Development Corporation lost its chief executive, Mayor Ras Baraka enlisted Lyneir Richardson of the Rutgers Business School to take the reigns. The Rutgers professor the opportunity as an “act of service” and said that he would be thrilled to share his knowledge and ensure that the Newark CEDC continued its vital role in attracting businesses, guiding real estate development and helping to sustain small businesses across the city.
“I’m honored to be of service to the city at this moment of economic energy,” Richardson says. “My temporary role in the city “will bring new relevant examples to my teaching.”
Rutgers University-Newark Chancellor Nancy Cantor remarks:
“Rutgers is a committed stakeholder in the present and future of our great city—not just in Newark, but of Newark—and we are pleased to be able to assist during this critical transition.”
You can read more about Richardson’s role here.
Lessons from Mario Gabelli, Merger Master – Gabelli Connect
Mario Gabelli, Chairman and CEO of GAMCO Investors, Inc, is a legendary “arb” (better known as a risk arbitrageur). He has utilized the discipline of risk arbitrage to successfully invest in companies undergoing mergers, reorganizations and other corporate events. The Fordham University Gabelli School of Business stresses that there is no better discipline that will teach you everything you need to know about deal-making than arbitrage, noting that it teachers investors financial techniques applicable across the financial industry.
“Those things work on everything you do,” Gabelli says.
“It keeps you up-to-date on every financial technique that’s available.” For students, “this is a great business to be in because you learn a lot, it’s not complicated, and you can do it tonight.”
Kate Willing, writer of the recently-published “Merger Masters: Tales of Arbitrage,” asserts: “risk arbs must also have nerves of steel—the discipline to adhere to a strategy, a willingness to tolerate calculated risk, and an ability to make decisions under conditions of uncertainty.”
You can read more from the Gabelli Connect article here.
2018: Year in Review – Lehigh University
Alongside a myriad of learning experiences, research, and huge celebrations on campus, the Lehigh University College of Business and Economics wrapped up an exciting year. Five noteworthy moments in 2018 featured a one billion dollar fundraising campaign, a distinguished Lehigh alumni commencement speech, an outstanding successful wrestling season, discovery of a new geometric shape by a Lehigh professor, and a five-story residential facility.
Deloitte CEO and Lehigh alum Cathy Engelbert says to graduates: “Do what hasn’t been done,” and shared three life lessons at Lehigh’s 150th commencement.
Kicking off its $1 billion campaign, Lehigh announced a generous $20 million gift from Lehigh Board of Trustees Chair Kevin L. Clayton ’84 ’13P and Lisa A. Clayton ’13P.
A new geometric shape: “Team of researchers discover a new shape present in epithelial cells that minimizes energy and maximizes packing stability during tissue bending. The new research can lead to advancement in tissue engineering.”
You can read more about the year that was at Lehigh here.
Real Humans of the Rutgers Business School
When considering earning an MBA, a few priorities tend to stick out. Cost, career opportunities, flexibility, and educational value are all obvious sticking points. However, another crucial feature should matter more when it comes time to decide where you’ll go: return on investment.
The Rutgers Business School in New Brunswick and Newark, New Jersey, isn’t just the premiere MBA option in the Garden State (ranked 44th overall by U.S. News & World Report): it’s among the best return on investment opportunities you can find anywhere.
According to the Financial Times, which also ranks RBS among the best business schools in the world, the average salary jump for MBA grads is a staggering 112 percent. This return on investment figure bests some of the most recognizable programs in the world, including Dartmouth’s Tuck School of Business, the London Business School, and New York University’s Stern School of Business.
Part of the reason for such a pronounced ROI is, of course, the school’s ideal proximity to the New York City metro, offering students extensive opportunity advantages that other prestigious institutions struggle to compare to. Other provincial factors in the eye-popping ROI are the lauded areas of focus, including supply chain management (ranked 6th best in the country by U.S. News & World Report). When factored together, it may not be surprising to find a lot of diverse backgrounds studying at Rutgers Business School.
When talking with several current students, the litany of non-traditional students tends to stand out, including a radio DJ tired of an exhaustive industry, a theater vet, a former fifth grade music teacher looking to break out in an entirely new field, and more. Read on to see their stories and what the future may hold for life after an MBA.
Energy Conservation, Healthcare Struggles, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Do as Your Neighbor Does? Neighbors Caring about the Environment Makes You More Likely to Conserve – Columbia Business School
When it comes to interpersonal decisions, group elements often become a heavy factor, including with conservation.
Columbia Business School Professor Adam Galinsky recently co-authored a new study in Nature Human Behaviour that may offer insight into how to affect meaningful changes toward climate conservation.
By focusing on “second-order normative beliefs,” the researchers illuminate that when it comes to topics like energy conservation, for instance, “what people believe their community members care about is an important predictor of individual conservation behavior, above and beyond people’s own beliefs about energy conservation.”
Galinsky explains, “The evidence shows that policymakers can’t simply ask people to reduce, reuse, and recycle. In fact, trying to reach people with subsidies for environmentally-friendly decision-making can backfire. Instead, the roadmap to improving perceptions of conservation starts with reminding individuals that their neighbors care about it. It’s important to shift the focus from trying to change what people believe to reinforcing what their friends believe.”
You can learn more about the research here.
Faculty Snapshot: Finding a Remedy for Health Care’s Struggles – Rutgers Business School News
The Rutgers Business School recently profiled Assistant Professor of Supply Chain Management and Program Director for the Masters of Science in Healthcare Services Management, Xin (David) Ding, whose research studies “potential ways to increase hospital revenues through process coordination, patient involvement, and the cultivation of a patient safety environment.”
Professor Xin (David) Ding / Photo via business.rutgers.edu
The recent profile in Rutgers Business School News reads:
“While physicians and nurses traditionally have been trained to take care of clinical needs from patients, they don’t necessarily know how to manage operations and businesses well. With the transition from volume-based care to value-based care, supply chain concepts can help care providers maximize value through the optimization of their resource allocations.”
You can read more from the profile here.
In the Future, Everyone Will Be Able to Make Robots – Stevens Institute of Technology SOB News
The Stevens Institute of Technology President’s Distinguished Lecture Series recently hosted prominent robotics and AI researcher Daniela Rus who “challenged the audience to rethink conventional notions of robots.”
“Imagine the limitless possibilities that could arise from the ability to create the machines that can help save lives, improve the quality of life, or transport us to places we cannot go to on our own,” she notes.
“Right now we have the ability to use our technologies, coupled with interesting interfaces, to enable much more extensive capabilities. And while, today, we can begin to use natural language to program machines, how far can we go in connecting us directly to the machine?”
You can learn more about Rus’ research here.
A Stevens’ Therapy Startup for Trauma Victims, and More – New York City News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Mobile Treatment Tools Can Change Way People Recover from Trauma – Stevens Institute of Technology SOB News
The Stevens Institute of Technology School of Business recently profiled Mira Therapeutics, a new homegrown startup that uses tech to “help patients manage their symptoms, and give therapists powerful new treatment tools.”
Co-founded by Stevens students CJ Internicola, Seth Kirschner, Gregory Mercado, Nicholas Gattuso, and Annika Roll, the startup’s interactive Mira mobile app “guides patients through crises like flashbacks, anxiety attacks, and dissociation using clinically-established grounding techniques.
Specially designed for veterans, sexual assault survivors, police officers, medical providers, and many other people living with trauma, Mira also records progress by “automatically tracking symptoms and suggesting daily journal prompts.”
Internicola writes, “There are thousands of mobile apps on the market that improve mental health. We are creating technology that addresses problems unique to people living with PTSD. Mira is positioned to become a holistic improvement in the way people recover and grow from trauma.”
“We want to create technology that improves everyday life, translates into better therapy sessions, and ultimately, ameliorates suffering.”
You can find out more about the therapy startup here.
Democratizing Finance and the Unexpected Future of Fintech – Gabelli Connect
PayPal CEO Dan Schulman recently visited the Gabelli School of Business to share his insights about fintech at an event co-sponsored by the Gabelli Center for Global Security Analysis titled “Democratizing Finance: Expanding Access Through Fintech.”
Schulman told the audience, “We have a mission, which is democratizing financial services. It’s very inclusive [and it’s] about all citizens having access to the digital economy…probably the most important value for us is inclusion and diversity. Because if we have a mission that includes all citizens, we need to represent that as a company.”
Center for Financial Services Innovation president and CEO Jennifer Tescher used the event as an opportunity to talk about diversity in fintech—or lack thereof.
“I would say that, why don’t we have more women anywhere? I think it’s a particular challenge in the world of engineering, which cuts across any tech. Why don’t we have more women in financial services, forget about fintech. I think it’s a huge problem.”
You can find out more about the recent event here.
Summit Explores Future of Selling in a Digital World – Rutgers Business School News
As part of a summit that focused on “the future of selling in the digital world,” the Rutgers Business School recently hosted two panels comprised of a diverse array of sales executives:
Panel #1
- Phil Cohn, Senior Vice President of U.S. Sales for Samsung
- Jeff Clachko, Senior Vice President for NBC Sports Ad Sales
- Gary Carleton, President of Sales-Healthcare for UPS
- Tolga Akcura, Co-Founder of eBrandValue
- Joel Silverman, Executive Vice President and General Manager of Synchronoss Technologies
Panel #2
- Rita Fawcett, Vice President of Cardiovascular Sales for Bristol-Myers Squibb
- Frank Palumbo, Senior Vice of Cisco’s Global Date Center Sale
- Rahsan-Rashan Lindsay, Executive Vice President, TV One
- Jim Sterbenz, Senior Vice President of U.S. Sales at Campbell Soup
The first panel “delved into the role of analytics, metrics and customer relationship management for sales professionals” while the second panel focused on the “challenges and opportunities in sales as a result of technology.”
The keynote speaker was Cocoa Exchange President John Wycoff who extolled the virtues of the growing gig economy, which forecasts to have 7.7 million workers by 2020 due in large part to the growth of digital sales tools.
You can find out more about the recent event here.
