India is presently the second-most populous country in the world. According to a UN report, the urban population is estimated to reach 600 million by 2030. This massive proliferation in population will need wholesome support in terms of a nationwide boom in the infrastructure. As a matter of fact, public infrastructure, commercial, and residential buildings will require large-scale expansion.
However, city corporations are currently dealing with India’s urban sprawl without a sufficient force of urban planners. The lack of adequate skill training in real estate developers is lowering efficiencies to a great extent. It goes without saying that a quality workforce is a cornerstone upon which great nations are built.
The Future of Real Estate
With international companies expanding their reach to Indian markets and opening offices, the level of professionalism is bound to increase. These organisations require people who understand local markets, cultures and cities. But, most importantly, they expect their employees to work according to the global standards at entry level – right from project execution to completion. They also expect them to have a better organisational work ethic.
Moreover, as technology adoption determines which organisations maintain the spotlight in the marketplace, companies will expect employees to have a steady grasp on software and technology associated with real estate (For example, ARGUS Enterprise determines property valuation, and asset & portfolio management).
Owing to this, professionals who want to be a part of these organisations will have to ensure that they are the right fit in terms of both technical proficiency and standards of conduct.
The Huge Demand
As a matter of fact, 4 million professionals are needed in the real estate industry every year in India. Owing to this high growth and demand, shaping a career in real estate will not just give you high salaries, but would also give you a chance to be part of a vibrant and thriving sector that shapes the way we live.
Anuj Puri, FRICS, Chairman at ANAROCK Property Consultants, claimed, “Now is the best time to enter the residential side of the Indian real estate with the coming of RERA. People who enter the sector now will be known as legends in the future.”
For these reasons and more, doing a BBA will prove to be highly beneficial in making you future-ready for attaining your career goals. Backed by the true professionals of the industry, RICS School of Built Environment offers a specialised BBA Real Estate and Urban Infrastructure, which is structured in a way that provides quality education to aspirants in the built environment sector. As a part of this esteemed institution, you will engage with subject experts in modules while covering the key subjects which blend technical knowledge in property with core management disciplines such as finance, strategic management, organisational leadership, and marketing.
Quotes from Alumni’s for the Placements of Colleges like RICS SBE
“If you have the potential and have gained all the necessary skills that the institution offers, you’ll have a lot of opportunities waiting for you in the placement session. As far as my friends and I are concerned, we all got placed in reputed companies with good packages. I am currently working in Leighton India, which is an MNC from Australia and was awarded the best construction company to work for by Times Ascent in 2018. Through the knowledge and technical skills gained from the institution, it wasn’t much of a hassle for me to get involved in world-class practices of the construction industry. There are 25 other alumni working in the same company who have graduated from RICS SBE and have learned how to manage sites with international norms, strategies, and most of all – safety. To sum up, if you have the calibre and the required skills, you’ll definitely be placed in a reputed company.”Himanshu Saini, an alumni of RICS SBE.
Given below are some frequently asked questions about a BBA degree:
Q. What are the career aspects of doing a BBA?
BBA lays the foundation for doing an MBA. In fact, it is considered as a stepping stone to an MBA. It is quite convenient for someone with a BBA degree to pursue a higher degree in management compared to a student from a different course. A BBA will provide you with the knowledge of business affairs and embed management skills within you. This will lead to better career opportunities.
Q. What is the future of Real Estate?
The shift from family-owned businesses to professionally managed ones is probably one of the most important upgrades in the industry. Looking ahead, there will definitely be a spirit of innovation and change continuing in the real estate sector. As the urban population keeps growing, the real estate industry would too.
Q. What is the difference between BBA and BBA Hons?
Bachelor of Business Administration is also known as BBA General or BBA Pass Course and is an undergraduate management course. The course is spread across 3-4 years and is divided into a number of semesters. BBA (H) is an undergraduate Business Management degree course that teaches students about the management of business operations. Also, students are taught how they can take a major business decision, use resources efficiently and work collectively towards a common business goal.
In India, education is the only bridge that will ensure that professionals are ready to work and lead in the dynamic future of real estate. It’s time to dive into a lucrative career and make the most out of it with a RICS BBA! Apply now!