BBA in Real Estate Management at iLEAD

BBA in Real Estate Management at iLEAD
21/05/2018 , by , in News/Views

With the vision to create smart cities and urbanization, the Indian real estate industry is likely to become one of the fastest growing sectors of the Indian economy. It is also the highest employment generating sector. It has been estimated that to realize government’s development agenda there is a requirement of 7.5 million skilled people in the Real Estate sector by 2022.  According to Mercer, world’s biggest H.R. Company, Indian Real Estate sector has offered the highest salary increase during the last four years, even more than IT, despite the current slowdown and recession in this sector of the Indian economy. This industry in India is still struggling to get organized and professionalized due to acute shortage of skilled professionals. The current requirement of core professionals in the sector is estimated to be about 40,000 per annum which is almost impossible to be matched by adequate supply of manpower in any foreseeable future.

Still no Indian universities or colleges offer courses in Real Estate Management, though over 300 universities and colleges in the US have proper Real Estate Management programme. The task of acquiring knowledge on Real Estate is essential to become a successful real estate professional. In times to come this would be a prerequisite for anyone who wants to become a real estate professional.

iLEAD’s undergraduate BBA course on Real Estate in association with CREDAI Bengal and RECA  is a 3 year program offering innumerable options to build a prosperous future. Both CREDAI (The Confederation of Real Estate Developers’ Associations of India) and RECA (Realtors & Estate Consultants Association) has signed MOUs with MAKAUT offering all kinds of  support and assistance for internships and placements and the degree will be provided by UGC approved Maulana Abul Kalam Azad University of Technology, the biggest university of West Bengal .

Some of the career options which one can opt after studying Real Estate Management range from being a Real Estate Developer, Consultant or a Broker, Estate Manager, Facility Manager, Housing Officer, Investment Consultant and much more. This course would also help owners of Real Estate to manage their assets in a more profitable way.

Students of the full time Real Estate course will also be working simultaneously in Real Estate Company while they learn. There is a massive requirement of Real Estate Professionals by Banks, Insurance Companies having big exposure to Real Estate Businesses and large corporate having huge Real Estate portfolios. When like the most advanced countries, a licensing system would be introduced in India to become a real estate professional like a Real Estate Developer or a Consultant, the certification of this course will ensure the smooth acquisition of mandatory licenses that will help the participants to continue their real estate business.

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