Overview

Discover the beauty of thinking big and thinking decades ahead. Venture into the urban infrastructural sector as a professional with futuristic insights. Spread across four exciting semesters, this sought-after postgraduate program develops leaders that make solid contributions to the nation's economic progress.

Unleash your potential

What You'll Learn

The MBA REUIM program enables you to:

  • Gain operational knowledge of real estate and urban infrastructure development, urban planning, business management, marketing, finance, project management, sustainable development, and laws and regulations.
  • Acquire skills in real estate project planning, development, costing, pricing, appraisal, procurement and contracting, valuation, and formulating marketing strategies and business communications.
  • Develop abilities in market analysis, real estate investments, data management and research, strategic thinking, software applications, leadership, decision-making, and team management.

Take a peek

Program at a Glance

The multi-disciplinary MBA REUIM fosters the quintessential competencies required by a professional for business practices in today's corporate real estate market.

Location

Pune Campus


Seamlessly blending with Baner’s elite, cutting-edge lifestyle, our Pune campus will leave you enchanted with its state-of-the-art learning and living facilities.

Courses

Semester 1

Ring in the first semester with foundational knowledge of subjects in the areas of business management, real estate, urban infrastructure, and project management.

This semester will give you the essential understanding of the market, regulations, and procedures that are involved in real estate projects.

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  • ACF 501: Accounting And Finance

    This course allows students to acquire sound understanding and knowledge of concepts, methods, and procedures of financial accounting, and help them in learning how to read, evaluate, and analyse financial statements.

  • ACF 502: Managerial Economics

    This course aims to introduce and impart insights into the key concepts, principles, tools, and techniques of Managerial Economics in analysing the project environment.

  • HRM 501: People and Organisations

    The focus of this course is to build an understanding of both Micro and Macro Organisational Behaviour and the application of its principles in HRM.

  • REE 501: Principles of Real Estate Management

    Here, the students get introduced to the real estate sector where they’ll also understand and analyse various principles of the field.

  • INF 501: Urban Infrastructure Management

    The objective of the course is to enable students to understand the mechanism of various urban infrastructure and service provisions.

  • PLN 501: Urban Land Use and Development Planning

    This course enables the students to understand the urban land use planning and development process.

  • PPS 507: Project Management (WITH MSP AND P6)

    The course is designed to prepare students for comprehending the theory and practices involved in initiating, planning, organising, scheduling, monitoring, and controlling an integrated delivery of a project. Microsoft Project Management and Primavera software applications are an integral part of this course.

  • LIB 503: Legal Aspects of Real Estate and Infrastructure

    This course deals with the legal aspects of Real Estate from various perspectives, including planning, execution, and monitoring.

  • MOC 541: MOOC

    This is a self-learning MOOC course through an online platform, for which submitting a completion certification is mandatory.

  • MNG 541: Communication Skills

    This is a mandatory non-graded course that aims to develop managerial communication and presentation skills of students, and prepares them to communicate with confidence in project/business scenarios.

Semester 2

Dive deeper into the subject knowledge areas in this semester. Through the courses included in this one, you acquire core competencies in decision making, project costing, risk management, marketing, real estate practice, valuation, project appraisal, procurement, and contracts.

Moreover, the summer internship that follows gives you just the practical exposure and professionalism you need to develop.

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  • OPS 501: Business Decision Making

    This course is designed to make students understand basic statistical concepts and apply them in case study analysis.

  • PMI 526: Project Cost Engineering And Risk Management

    This course covers the fundamentals of project cost engineering and risk management and develops the ability to estimate, budget and control the project cost for engineering projects. The course also provides exposure to @RISK and Candy software.

  • REE 526: Real Estate Marketing And Negotiations

    This course will enable students to list the differences between marketing real estate vis-à-vis other products, and covers marketing methods used for various real-life real estate projects, along with the formulation of better marketing and negotiation strategies for different real-life projects.

  • REE 527: Real Estate and Market Analysis and Development

    The aim is to make the students familiar with the application of real estate markets and development process knowledge to a real-world or synthetic case.

  • REE 528: Valuation of Real Properties

    This course develops students' understanding of valuation methods and techniques with reference to real properties.

  • REE 529: Real Estate Project Formulation, Appraisal, and Finance

    The course gives an understanding of the concepts of project development, implementation, appraisal and finance and enables the students to conduct feasibility and network analyses for cost and time estimation, financial analysis, and appraisals.

  • PCC 616: Project Procurement and Contracts Management

    This course deals with the various methods of project procurement and use of various contract clauses.

  • WBL 541: Advanced Excel and Power BI

    The course develops expertise in Advanced Excel and Power BI focusing on building a strong application of knowledge, skills, and attitude to perform on real estate cases.

  • MOC 542: MOOC

    This is a self-learning MOOC course through an online platform, for which submitting a completion certification is mandatory.

  • MNG 542: Self Development and Career Management

    This is a mandatory non-graded course. The course aims to develop leadership and team management skills in students and prepare them for effective career management in their respective job profiles.

  • WBL 600: Summer Internship

    The students are required to undertake internships of 6-8 weeks in a recognised and reputed organisation/ firm/ company/industry, relevant to the field of real estate and urban infrastructure.

Semester 3

Get an opportunity to develop specialised proficiency through electives in this semester. You’ll also be able to further develop an aptitude for research and critical thinking.

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  • SPM 611: Building Services and Facilities Management

    This course teaches the fundamental aspects associated with MEP services (building services).

  • WBL 641: Building Information Modelling

    This course develops students' understanding of model-based processes to optimise construction workflows. It will cover BIM for modelling, design coordination, scheduling, estimating, etc. and includes hands-on training.

  • WBL 610: Research Methodology and Project Seminar

    The course gives an understanding of the research methods that can be adopted for an independent research project. Students will be required to select a topic for their project, and develop a research framework for it.

  • MNG 641: Professional Ethics

    This is a mandatory non-graded course. Through this course, the students will be able to understand the key concepts, tools, and techniques of professional ethics in the business environment, and inculcate ethical values.

General Electives

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  • MKT 501: Business Development and Project Marketing

    This course looks at business development and project marketing from the perspective of a real estate firm.

  • HRM 601: Leadership and Entrepreneurship

    The main objective of the course is to make students aware of the leadership and entrepreneurship skills critical for success and for value creation in all business ventures.

  • OPS 601: Strategic Management

    The course prepares the students to remember and understand the fundamental terms and concepts of Strategic Management. The students should be able to apply these concepts in companies and organisations while assuming leadership roles as per the industry expectations.

  • ICT 601: Analytics with R and Python

    This course introduces students to the broad field of business analytics, with a strong emphasis on practical outcomes that may be used in the workplace.

Program Electives

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  • REE 651: Advanced Valuation

    The objective of this course is to make students familiar with some of the advanced methods used in the valuation of properties as well as across different asset classes.

  • PLN 651: Housing Markets and Institutions

    This course develops students' understanding of housing markets and institutions. It will cover housing finance as well as policies.

  • REE 652: Real Estate and Urban Economics

    This course seeks to provide an understanding of real estate and urban economics theory, which the students can apply in practical aspects of real estate and urban infrastructure.

  • REE 653: Real Estate Investment and Finance

    This course develops the understanding of real estate investments and finance. The students will learn various aspects of real estate assets,valuation, attribution and portfolio management, global property as well as private equity and debt markets.

  • REE 654: Corporate Real Estate Management

    This course deals with recognising and making real estate decisions that can improve the productivity and profitability of the organisations, and understanding and analysing various strategic reasons for acquiring, retaining, maintaining and disposing of corporate property assets.

  • REE 655: International Real Estate

    The course will help students acquire a strategic view on the real estate decisions of large corporations around the world while familiarising them with international property management.

  • INR 651: Urban Transportation Planning, Design, and Management

    This course deals with the needs, requirements and strategies of urban transport. It covers theoretical concepts and practices related to traffic and transportation management in urban areas and street designs etc.

  • INF 652: Public Private Partnerships

    This course deals with the mechanisms, benefits, and contracts involved in public private partnership projects.

Semester 4

The last and final semester gives maximum weightage to project work. Specialised learning through electives is continued in the real estate and urban infrastructure domains.

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  • REE 626: Sustainable Real Estate

    This course provides an understanding of recent innovative approaches and technologies to reduce environmental foot-print and improve sustainability of real estate projects including ESG, Green Buildings and EIA.

  • WBL 620: Project Work

    This is a continuation of ‘research methodology’ and ‘project seminar’. The students will understand and use research methods and critically examine their research topic, and arrive at coherent conclusions and recommendations.

  • REE 656: Real Estate Asset Management

    This course is designed to equip students with skills and theories required for managing real estate and infrastructure assets throughout their life cycles.

  • PLN 652: Urban Renewal and Redevelopment

    This course acquaints students with the background knowledge on the trends of urban growth and associated challenges in central and inner cities and educates them on the concept and techniques of Urban Renewal and Redevelopment.

  • REE 657: Corporate Valuation

    This course covers a variety of corporate valuation techniques, and takes a case-based approach to help students to apply the concepts to practical frameworks for valuing businesses.

  • ICT 602: BlockChain Technology

    The objective of the course is to prepare students for selecting and deciding on the right blockchain solution for business processes.

  • PLN 653: Spatial Technology and GIS

    The course familiarises the students with the processes and techniques of remote sensing and GIS and the ways to use GIS software applications for data analysis and decision making.

  • ICT 652: Big Data Analytics

    The objective of this course is to provide an understanding of Big Data and its components.

An enriching environment

Class Profile

Learn alongside a diverse bunch of individuals who share the same passion for advancements in the real estate and infrastructural sectors as you.

  • 60

    Students per Batch

  • 25

    Average Age

  • 8

    Average Courses Per Semester

  • 21

    Average Credits Per Semester

department-details

Our leader

Dr. Poulomee Ghosh
Program Director, MBA REUIM

A B.Arch from VNIT, Nagpur, M.Plan in Urban and Regional Planning from CEPT, Ahmedabad, and PhD in the specialised area of Mixed-Landuses from COEP, SPPU, Pune, Poulomee is committed towards achieving a better quality of life for Indian cities through effective research and education. She puts that into effect by continuously engaging in concepts surrounding constructive land use, urban transport, real estate development, infrastructure projects, and allied fields.

A seasoned professional with over ten years of academic experience, she believes that a real estate professional's opinions and perspectives are profoundly impacted by their education and learning experience. It will reflect in their decisions and the way they would shape the quality of our future built environment.

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Admission Requirements

  • Students with a bachelor’s degree in Engineering / Architecture / Planning / Commerce / Finance / Banking / Management / Economics / Mathematics / Statistics from a recognised Institution / University with minimum 50% aggregate marks are eligible for this program.
  • The first two semesters comprise a combination of General Core (GC) courses that cover general management, and Programme Core (PC) courses that cover real estate and urban infrastructure aspects. In semesters III and IV, along with programme core courses, elective courses are to be taken.
  • Each course offers a set number of credits, and students must receive a total 84 credits to qualify for completion of the program. Out of 84 credits, 46 credits are for compulsory courses, 18 credits are for electives courses, and 20 credits for courses that include internship, project work, and MOOCs.
  • The summer internship of 8 to 10 weeks after semester II gives a first-hand experience of industry practice for professional competency. Project work spread over semester III and IV ignites the competencies in research work.
  • After successfully completing two years, the eligible student will be awarded an MBA in Real Estate and Urban Infrastructure Management. After successful completion of one year, an eligible student may be entitled to a Postgraduate Diploma in Real Estate and Urban Infrastructure Management.

Your trajectory

Career opportunities

As an MBA REUIM graduate from NICMAR, you can pursue the following careers:

Career Career
Real Estate Advisor Urban Infrastructure Consultant
Asset Manager Market Research Professional
Project Management Consultant Commercial and Retail Executive
Product Developer Contracting and Leasing Executive
Design and Development Executive Vendor Development and Management Executive
Project Coordination and Control Manager Property Valuations Executive
Business and Strategy Development Executive Sales and Marketing Executive
Proptech Consultant Customer Relationship Manager
Corporate and Housing Finance Professional Risk and Financial Advisor

FAQs

  • How is MBA REUIM different from MBA ACM?

    While MBA ACM focuses on the planning and execution of construction projects, MBA REUIM goes a step further by encompassing the entire lifecycle of real estate and infrastructure projects. The program also covers critical concepts around market demand, project formulation, business strategies, and many more, which are not the same as those in MBA ACM.

  • Is MBA REUIM more like M.Plan Housing?

    To some extent. You see, M.Plan Housing primarily focuses on core concepts of housing supply and demand, which are covered in MBA REUIM as well. However, you won’t find commercial, retail, and hospitality areas in the former. These areas are integral to the field of urban infrastructure, which MBA REUIM is majorly composed of.

    Furthermore, you will not find statutory planning techniques for housing or land under this program either, as they’re incorporated only in the M.Plan program.

  • What role does my bachelor’s degree play in generating substantial outcomes from the MBA REUIM program?

    As an individual holding a bachelor’s degree, you have already acquired a fair amount of technical knowledge of the field. MBA REUIM simply builds on that by adding the broader knowledge and skills of business management, real estate markets, projects, and urban infrastructure service delivery.

    Simply put, a postgraduate degree in MBA REUIM will do a phenomenal job of complementing the competencies you gained as a bachelor.

Celebrate our
2022 graduates!

Take a look at our talented learners that transformed into lifelong leaders after passing out with flying colours.

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