Is Degree in Urban Infrastructure Worth It?
India, the largest democracy in the world, has seen rapid growth in terms of infrastructure. The key to the development of India as a nation depends on striking the right balance of Urban Development alongside infrastructure growth.
To meet the different challenges of this inevitable and rapid urbanization, this country needs well-performing cities along with integrated infrastructure development. To meet the demand of developing the infrastructure we will have to take few steps including building new cities that accommodate the search and shift of population, create cities that are green, sustainable, well-planned, and livable, improve infrastructure facilities and create a conducive working environment to give a boost to private investment under PPP model for sustainable development.
To help the urban infrastructure take its shape, the companies are seeking people who are qualified and understand the needs. A master’s degree in urban infrastructure is definitely what is required, as it can help shape the country in a beautiful way.
MBA in real estate and urban infrastructure
This specialization of MBA is a two-year course specifically designed to train the candidates in the theory and technique which are involved in regulatory processes, competition policy, and infrastructure service delivery. The course also covered Business Administration subjects such as marketing, strategy, and finance focusing on the infrastructure sector.
Eligibility criteria
For fresh graduates, the eligibility to this program is any bachelor’s degree with at least 50% marks or equivalent. For graduates who have work experience in government, regulatory bodies, industries, academic institutions, or a consultancy firm, a minimum work experience of 2 years is generally required.
Apart from this, the candidates might be short-listed based on GMAT, CAT, or MAT scores. GD and interview might be applicable as per the college. Visit the website of the colleges you are interested in to get detailed eligibility criteria and the admission process.
Career scope
There is a wide scope for infrastructure and real estate management graduates in different fields. Following are the top-notch fields to look for:
1. Facilities Management
2. Construction and Project Management
3. Real Estate Finance
4. Infrastructure Finance
5. Real Estate Investment Business
Topics covered in the urban infrastructure
The course is generally divided into four semesters. In the first semester, the core subjects generally include business management, managerial economics, financial accounting, and computer application. You might also learn about industry-specific subjects such as urban infrastructure and real estate. The second semester includes subjects such as financial management, business law, and so on. You might also learn about real estate economics project management and business development in this industry.
The third semester generally is about strategic management and quantitative techniques. You will also learn about the legal framework of urban infrastructure and real estate. Real estate valuation, funding and investment options, and land procurement and acquisition are also common topics. The last semester comprises industry-related subjects such as construction, contract and safety management, sustainability in the built environment, and so on. Most of the universities offer a summer internship between the two years of study.
So, if you are interested in urban infrastructure, then get admission into a recognized college and pursue an MBA degree.