Georgetown University Master's in Real Estate Online
Anyone do their Master's in Real Estate at Georgetown, particularly the online program? I would love to pick someone's brain about it. Thanks!
[{"id": "hc9kvj0", "text": "Generally speaking, online business masters programs aren\u2019t worth it. 50% of the value is the network you get.", "replies": [{"id": "hcafad9", "text": "But that also assumes you can\u2019t network virtually.  You can.  Also, depending on the cost, getting one is still a benefit, as having a Master\u2019s is expected nowadays.", "replies": [{"id": "hcaxv6x", "text": "Networking virtually is not even close to the same as grabbing a beer with your classmates at the end of the day, participating in societies, and spending all day on campus with them 5 days a week.\n\nMost employers will also typically not look at an online degree the same way.\n\nI\u2019m not saying it\u2019s useless, I\u2019m saying that for the cost it doesn\u2019t make sense.", "replies": [{"id": "hcb5hek", "text": "I should mention I work full time at a development firm and doing in person isn't an option at all for me. Next employer won't know its online since I'm in the DC area.", "replies": [{"id": "hcbdiqm", "text": "If you already work in development, let me ask why you think the program makes sense for you? Generally the people that pursue a masters in real estate are trying to break into the industry - either from a construction/engineering/architecture role, or something totally unrelated.\n\nIf you\u2019re already working in CRE, you\u2019d be way better off either focusing on your career, or getting an MBA from a school with a reputation for their real estate program. You already have the real estate chops, general business knowledge is now more applicable to advance.", "replies": [{"id": "hcbljk3", "text": "Already have an MBA and engineering degree. My company will pay for 100% of it. I focus on the construction and design  by doing initial budgets, hiring architects, dictating design, and then hiring contractors to execute and build. I manage the Financials, budget, and schedule. \n\nWhat I need to learn is the hard Finance side of real estate so I can apply it all to move my career into a top position at the firm. \n\nI don't care about what the degree is \"worth\" on paper, I want to actually learn the material. \n\nI focus on my career everyday, focusing harder won't help me learn things I don't have experience in everyday.", "replies": [{"id": "hcbmjt0", "text": "Oh if your job is paying for it by all means go for it! I thought this was out of pocket!", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}, {"id": "hccmmu6", "text": "Have you received one?  I have done both, online and in person, and can say you can develop strong relationships.", "replies": [], "depth": 4}, {"id": "heu3mut", "text": "No offense, but with Covid, pretty much all degrees are online to an extent at the moment.  Have you gone to an executive program?  You say employers don\u2019t look at an online degree, but if it\u2019s one from a reputable school, they don\u2019t care.  \n\nCorrect me if I\u2019m wrong, but it feels like you\u2019ve never taken an executive online program, and are speaking from years of experience when online meant The University of Phoenix.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hcadx6v", "text": "how much does it cost?", "replies": [{"id": "hcafe25", "text": "I think it\u2019s about $50,000", "replies": [], "depth": 2}], "depth": 1}, {"id": "hcawl6e", "text": "I\u2019m taking the FIU masters program right now\u2026 it\u2019s 10 months and 30k. So far it\u2019s pretty good", "replies": [{"id": "hccojn7", "text": "I looked at that.  If you do the online though, is there much opportunity to really meet your classmates and hopefully network some?", "replies": [], "depth": 2}], "depth": 1}, {"id": "hcb0vmo", "text": "Hella fucking not worth it.", "replies": [{"id": "hcb5j03", "text": "Did you do it?", "replies": [{"id": "hcbgtj0", "text": "My bosses son did it, whole family is in CRE as am I. Biggest waste of his time &amp; money I\u2019ve ever seen.", "replies": [{"id": "hcblu8h", "text": "How so? Just curious if the material wasn't presented well?", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "hcbcodz", "text": "What if your company pays for 85% of it?", "replies": [{"id": "hcbh705", "text": "For $7500 Id consider it. $50K is simply not worth it. You\u2019re better off using that $50k living cheap for a year or two and birddogging the shit out of your city under a decent/small brokerage. Leverage your expertise after that time to step stone to larger roles in different companies. In my experiences the biggest bumps in pay always come from out of company movement.", "replies": [{"id": "hccpa23", "text": "That is a brilliant comment!  Sometimes graduate education does pay off but often you could be as far or further ahead by focusing hard on hussle and networking.  My sister went to law school in her early 30s, she went to a middle tier school and made so-so grades.  It was not worth it at all financially after she took 3 years off work and paid tuition at a private law school (luckily this was decades ago when private law schools weren't insanely  expensive).  \n\nShe would have made more money if she'd stayed in the field she was working in when she went to law school.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hcbm5nv", "text": "I\u2019d say it really depends on your experience and what you\u2019d like to do with your degree. I\u2019m currently enrolled in the program and have found it to be quite valuable. Feel free to shoot me a message if you have any questions.", "replies": [], "depth": 1}, {"id": "hcbsqn0", "text": "Probably more productive and cost effective to get your CCIM instead.", "replies": [], "depth": 1}, {"id": "hcbzvwk", "text": "If you\u2019re looking to just learn the finance concepts I would do it on your own by buying a couple textbooks and proactively using resources available online. Can\u2019t speak on GTowns program but I recently completed a MSRE. There was really nothing I learned that I couldn\u2019t learn myself. Peers were either family RE, PMs/Cons trying to pivot, or fresh out of UG. A lot of profs were gig \u201cconsultants\u201d that really got forced into retirement from GFC. Didn\u2019t really build a network with anyone that could help me at the bigger organizations. Feel like I was on the losing side of the trade based on my expectations going in.", "replies": [], "depth": 1}, {"id": "hcdrqoj", "text": "Get Lineman\u2019s real estate finance and investment book &amp; Geltner\u2019s commercial real estate analysis &amp; investment if you want more of an academic outlook. Most of the college RE professors don\u2019t know how to model so there is a major hole there. Better spending the money on ACRE accelerator and some BIWS RE modeling.", "replies": [{"id": "hcwvcbz", "text": "&gt; Get Lineman\u2019s real estate finance and investment book &amp; Geltner\u2019s commercial real estate analysis &amp; investment if you want more of an academic outlook. Most of the college RE professors don\u2019t know how to model so there is a major hole there. Better spending the money on ACRE accelerator and some BIWS RE modeling.\n\nGreat comment.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hceb4si", "text": "I actually live in DC, work FT, and am in the program. Feel free to PM me.", "replies": [{"id": "hcec9ay", "text": "Online? Or in person?", "replies": [{"id": "hcecdsn", "text": "Have been online because of COVID, but I plan on attending in person the next two semesters", "replies": [{"id": "iykqa80", "text": "How was the program?", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iztjhqw", "text": "Is it still worth it? Think they said it\u2019s 50k for the program. I\u2019m at Deloitte audit rn but hate accounting so looking for real estate MBA to get into IB then PE down the road", "replies": [], "depth": 1}]