Realty Boom – Is it a boom for Management Graduates?

Real estate consultancy is emerging as an attractive career options for graduates from IIMs and IITs. Even ISBians should take advantage of this boom. Realty consultancy companies are now offering top dollars to lure talent. Real estate and retail are the sunrise sectors of our economy and offer exciting opportunities for both freshers and lateral hires. DTZ (Debenham Tie Leung), a London-based consulting firm, is visiting premium educational institutions and offering compensation packages varying from 5 to 8 lakh for freshers and about 10 lakh/annum for lateral hires. Another real estate consultant Jones Lang LaSell has recruited 24 students from IIT-Kharagpur this year. Many more companies are expected to visit Indian campuses during next year, which is a good news for Class of 2008 at ISB.

In fact, recently, ISB has established a research chair on Realty Sector .