Has anyone done CBRE's Wheel Program or anything similar?
I just wanted to get thoughts on it and similar programs.
[{"id": "d639wj6", "text": "What is CBRE's Wheel Program?\n", "replies": [{"id": "d63bn6s", "text": "It's a one-year program for new hires. (But not all new hires).\n\nDuring that year you spend one quarter doing office, one quarter doing Industrial, one quarter doing retail and then the last doing another niche. At the end you determine which you liked best and what broker or team of brokers you want to work with and either get hired on or let go. \n\nThis is a very brief summary, but that's about the gist of it. \n\nIt's pretty tough to get into (usually only those from top schools get let in). I didn't get past the interview for it when I applied, but then about a year later was hired on directly as a broker because I worked for an ex manager in an unrelated field of work and he put a good word in for me. \n\nIt's supposed to give you exposure to the field of CRE before you \"hit the ground running\".", "replies": [{"id": "d63cls1", "text": "Huh, interesting. I worked for CB for two years and never heard any mention of it at all. ", "replies": [{"id": "d63czjf", "text": "They only do it in CBD's \n\nYou wont find a wheel program in secondary or tertiary markets.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "d63emfq", "text": "You can find them through CBRE's website or the LinkedIn and ask directly.", "replies": [], "depth": 1}, {"id": "d63glae", "text": "I interviewed for it but was not chosen. ", "replies": [], "depth": 1}, {"id": "d69hond", "text": "If you have a shot at it, take it. It is a very difficult (and well respected) program to get into. ", "replies": [], "depth": 1}, {"id": "d6brkmf", "text": "Someone said it is a well-respected program. It is not.\n\nIt is essentially an internship where you learn the different business lines. In the real world, you are not focused on all of the business lines unless you are trying to get into corporate management.\n\nIf you are completely new to the industry, and not sure what you want to get into, then I suppose it is worth pursuing. But if you have an idea if you want to get into: brokerage, property management, valuations, finance side of things, then target those departments individually for entry opportunities.", "replies": [], "depth": 1}]