In such testing times when an Engineering Degree is not sufficient to guarantee a job, how can a BBA help in kick-starting a profitable career? However, conventional wisdom makes us do the same things repeatedly without even understanding that with the changing times, we also need to change.
Before understanding how this BBA can be a good stepping stone towards a very rewarding career in Real Estate and Infrastructure domain, we need to understand what has really changed over the years? The most significant change that has happened in recent times, as per the World Economic Forum held in 2017, the industry has now transitioned to Industry 4.0, which can be understood from the image below:
In today's world, where the machine is communicating with machine to get work done, technologies like speech recognition, Artificial Intelligence and Machine Learning and much other such advancement are changing the way we worked. Many jobs which require working in a regular fixed process are disappearing very fast to such technologies. The industry today is looking at the human resource that can apply mind towards more complex problems while machines can handle the routine and mundane jobs. Recently a TV Channel in China introduced an AI-based news reader, which is a replica of a popular news anchor in China to demonstrate how AI can be used for news reading.
Now, let's take a closer look at this very futuristic BBA in Real Estate and Infrastructure. We are all aware of the contribution that the Real Estate and Infrastructure industry provides to the GDP of any country. Dependent on a number of metrics like skilled manpower, flexibility and technological advancement, the built environment is transforming the country as India's real estate sector is expected to contribute 13 percent to the country's gross domestic product (GDP) by 2025. It is predicted that the Built Environment will be the third-largest industry in the world by 2030 and the market size is expected to be $1 trillion by 2030.
"With rapid development and urbanization, Real estate and Urban Infrastructure is a sunrise industry and offers fast track career growth in many core and allied fields"
This BBA program is designed by keeping in mind the growth potential provided by this industry. With an estimated yearly growth of 7-8 percent, it is poised to create ample employment opportunities for future generations. The program ensures that even after just completing a BBA program, the student becomes meaningfully employable by the industry. The knowledge imparted during the program is sufficient enough not only to get placed in a job role but also prepares the student to join a family business or even go for his or her own startup. The entire program is designed to make the student ready for Industry 4.0 and work in different specializations like Research, Sales & Marketing, Business Development, Valuations and more. At the same time, not to be tied down to Real Estate means that while some can go ahead to join Real Estate job roles, others can get into other industries with an equal amount of ease and élan.
What is the Difference between a Generic BBA and a BBA in Real Estate and Infrastructure?
A generic BBA is a commercial program that teaches the core functions within a business, like marketing, finance, accounting, human resource management and much more, so that students can understand all aspects of a business. Like in the MBA, a student gets to choose a field of specialization during the BBA. The choices include different fields include Accounting, Entrepreneurship, Finance, Human Resource management.
A Specialized BBA program, like the BBA in Real Estate and Infrastructure, on the other hand is a techno-commercial program. It is planned in such a way that apart from covering basic management subjects, they focus on a particular discipline and work towards making the students industry ready in that industry.
Advantages of Doing BBA in Real Estate and Urban Infrastructure
With rapid development and urbanization, Real estate and Urban Infrastructure is a sunrise industry and offers fast track career growth in many core and allied fields. A specialized BBA in Real Estate and Urban Infrastructure prepares students for professionally rewarding fields like valuation, real estate development, sales & marketing, project management, investment, finance, property management and real estate research and consulting. In addition to generic BBA courses, the curriculum of BBA in Real Estate and Urban Infrastructure includes urban design and planning, real estate laws and regulations, investment & finance and real estate management.
A BBA degree in Real Estate and Urban Infrastructure provides students a wide comprehension of real estate economics and real estate transactions and also issues related to land ownership. Students also learn how to evaluate the current market trends and investments. Upon successful completion of the course, a graduate of BBA in real estate and urban infrastructure has a practical understanding of the sales, management and support systems that make for a successful real estate development company.
Selecting a BBA in Real Estate and Urban Infrastructure will help one specialize in an industry that is rising and is poised for further growth will ensure that your career growth is always on an upward mode. The students who have passed out from this program are already placed with large MNCs as well as Indian Corporate. They are earning handsome salaries and getting high appreciation from their employers. And those with a couple of years of experience are already well poised for growth and success, both within the industry and outside.
Prof. Anupam Saxena, Associate Dean and Director
Prof. Saxena brings with him a rich 30+ years of cross-functional multi-industry sales and marketing experience working with large multinational and Indian companies. He has held important positions in prominent IT Parks in India, such as being CEO of Infocity at Gandhinagar, Infocity at Mohali and Espire IT SEZ at Faridabad. Other than IT Parks, Prof. Saxena has also been involved with Luxury Housing projects with companies like IREO. Earlier, he was involved with System Integration and promoted brands like Dell, Toshiba, Packard Bell, and Compaq.
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