RICS vs NICMAR

Why pick a specialized MBA over a certification?

Let us start by asking you a question:
There are institutes like NICMAR that provide a good learning ambiance and offers a certification to its students. On the other hand, there are institutions like RICS School of Built Environment that, along with well-defined learning opportunities, provide a specialized MBA degree.

What would you choose between the two? A certification or a specialized MBA degree?

If you are confused between RICS vs NICMAR, want to know more about what best can be done for future-ready career option? This article will help you compare between the two qualifications and how an MBA degree has an edge over a post-graduate certification.

How to excel in real estate using suitable education program?

New Job Positions are Available
First things first, when you earn an MBA, the number of employment positions that are available to you rise dramatically. According to a study conducted by The Economist, three-quarters of employers say that they plan to hire more MBA graduates, while 92% are increasing the number of MBA internships that they offer, which is enormous. Owing to this, availing an MBA will qualify you to apply for higher-level positions and subsequently, increase the number of career opportunities available to you.

Increase Global Exposure
Taking the context of the two institutions mentioned at the beginning of the article, doing an MBA proves to be immensely helpful if you want to take your career to the global level. To elaborate, RICS SBE provides a specialized MBA degree that is recognized worldwide in the industry. On the other hand, NICMAR is not UGC, or AICTE approved and offers a postgraduate certification to its students. While the course is rightly approached and provides students with a fine set of technical knowledge, it fails to deliver a global edge to the students. Choosing a specialized MBA degree with institutes like RICS SBE will broaden your enterprise knowledge and help you understand the nuances of operating in a global marketplace – which is highly essential to succeed in today’s global world.

Higher Possibilities for Higher Studies
Perhaps one of the most significant disadvantages of a certification program is that it limits both what you learn and what you can do once you finish the post graduate course. An MBA provides the benefit of gaining a well-structured education. Furthermore, one of the key benefits of having an MBA degree is that it improves your theoretical and practical knowledge of how a business or the sector operates. For example, a post-graduate certificate would limit those aspiring for doctoral programmes to transfer any credits of this program into the doctoral studies.

Standing Out From The Rest
The biggest benefit of doing a specialized MBA is that it makes you stand out from the crowd. Earning an MBA will teach you the advanced skills, strategic approaches, and theoretical approaches that you will need to excel in a leadership position for a wide range of businesses. Most importantly, it puts a noteworthy line on your CV and captures the attention of hiring managers, which is something that a certificate degree is unlikely to accomplish.

There are so many comments online, we did a research and reached out to people who have shared few thoughts to keep things unbiased. Below are few of the prominent quotes shared by various alumni’s and students:

What helped to make such a career is a deep understanding of Real Estate business and markets what RICS SBE has given me. Trust me when I say this, people called me offering jobs and I never picked up my phone to figure out a job after 1.5 years in my career. That credit, I always give to RICS SBE for helping me pick up business very well.”

Vivek Dutt, Consultant (Alumni RICS SBE)

Nicmar is not AICTE and UGC approved,  it doesn’t give you an MBA  degree but a PGP and If you are coming here for the right reasons you will know that Nicmar doesn’t need to be any of those things” 

Neel Wagle, PGP-REUIM from National Institute of Construction Management and Research

Few reasons why I personally chose RICS SBE: 
a) It is an industry-led academic institution that is supported by leading Indian firms as well as the Ministry of Urban Development, Government of India. b) The institute has been set in India by Royal Institute of Chartered Surveyors (RICS), London in partnership with Amity University, India.
c) A RICS accredited degree is synonymous with the highest quality of education, benchmarked as per international standards in education and teaching, and is therefore valued immensely globally. Only selected 500 specialisedbuild environment courses across the world are accredited by RICS (and goes without saying, but all the courses at RICS SBE are accredited) d) At RICS SBE, you will have the pleasure of learning from some of the finest minds and experts in the Indian and British Built Environment industries.”

Sanchit Garg, MBA Real Estate and Urban Infrastructure Management, RICS School of Built Environment (2015) (Alumni RICS SBE)

Actually RICS is a membership institute. these are the details. RICS (Royal Institution of Chartered Surveyors) is the world’s leading qualification when it comes to professional standards in land, property and construction. In a world where more and more people, governments, banks and commercial organisations demand greater certainty of professional standards and ethics, attaining RICS status is the recognised mark of property professionalism. Over 100,000 property professionals working in the major established and emerging economies of the world have already recognised the importance of securing RICS status by becoming members. 

RICS is an independent professional body originally established in the UK by Royal Charter. Since 1868, RICS has been committed to setting and upholding the highest standards of excellence and integrity – providing impartial, authoritative advice on key issues affecting businesses and society. 

RICS is a regulator of both its individual members and firms enabling it to maintain the highest standards and providing the basis for unparalleled client confidence in the sector. RICS has a worldwide network. For further information simply contact the relevant RICS office or our Contact Centre.  RICS has offices in New York, London, Brussels, Dubai, New Delhi, Hong Kong, Beijing and Sydney.

Specialties Land, Property, Construction, Sustainability, Real Estate, Architecture, Commercial, Planning, Civil Engineering, Oil & Energy, Environment, Building Materials, Management Consulting.

On the other hand NICMAR has been a pioneering Institute offering post graduate level education in specialized areas like construction management, project engineering and management, real estate management, infrastructure management and allied areas. NICMAR offers education through distance education and part time modes also. 

NICMAR conducts executive development courses for a variety of organizations in construction and allied industries. These programmes are in a variety of modes including long duration programmes, medium duration programmes and short duration courses. Similarly, the programme focus could be function based, project based or business based. The long duration courses are modular in nature and most of the programmes are conducted on campus at Pune or Hyderabad.

Sagar Singh Gupta, Double PG with approx. 6 years of work Ex. Now with Tata Steel says

Now that you know some of the key factors that place an MBA degree over a certification one, the next step is to get enrolled in an institution that will help you in taking your career to the next level in the Retail Estate and Construction. In India, one of the best institutions to hand out specialized MBA degrees with RICS-accreditation and global exposure is RICS School of Built Environment.

There are more than 30 real estate and construction management institutes in India. Out of all, RICS School of built environment & NICMAAR and most recommended in the industry but if you compare RICS vs NICMAR, later doesn’t provide any degree or approved by UGC.

Opting for a specialized MBA will open a vast array of new opportunities and possibilities. Are you ready to take your career ahead?

One thought on “Why pick a specialized MBA over a certification?”

  1. What is the ROI ( return on investment ) how many years to get the investment back ?? placement given the dim industry overall !

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