Real estate job opportunities are on the rise for recent graduates, according to UC Irvine's Center for Real Estate, a component of the institution's Paul Merage School of Business.
In fact, the center reports a "significant increase" in placements and inquiries over the past two years.
“We are definitely seeing a rise in real estate job inquiries and placements in spite of the recent credit crisis,” said Tom Kozicki, executive director of MBA Career Services at the Merage School.
He said the uptick includes inquiries and placements with large financial institutions such as Wells Fargo and Bank of America, as well as other emerging firms.
The center collaborates with the Merage School’s MBA Career Center, and in 2009, more than nine out of 10 full-time MBA graduates secured jobs within 90 days of graduation – a stat that's greater than any other top 50 business school, according to BusinessWeek.
The center attributes its ability to quickly place recent graduates to its programs that focus on connecting students to the local real estate community. Among its offerings: mentoring services and a new annual fellowship program with the Southern California Chapter of the National Association of Industrial and Office Properties.
Additionally, the center hosts networking events for students to build relationships with members of the professional community.
“This educational approach, which we call ‘action learning,’ augments a challenging curriculum with a high level of interaction between our students and the real estate community,” said Kerry Vandell, director of the Center for Real Estate. “The challenging nature of the job market has made relationships more important than ever before and this level of access enables students to make meaningful connections that lead to career opportunities.”
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