<!–div.glotext {padding: 5px 10px 0px 10px;font:12px Arial, Helvetica, sans-serif;}span.glotitle {font:bold 14px Arial, Helvetica, sans-serif;}div.glohead {font:bold 14px Arial, Helvetica, sans-serif;border-top:1px solid #999;background-color:#eee;padding:5px;}p.glosmall {font:italic 11px Arial, Helvetica, sans-serif;}span.globutton {float:right;font:bold 10px Arial, Helvetica, sans-serif;border-top:1px solid #999;background-color:#eee;}span.globutton a {text-decoration: none; padding: 2px; height: 15px; color: #ffffff; background-color: #00599b;}p.glosmall span {color:#a00;}–>

A Stroll Around Campus The long-term strength of any industry is dependent upon attracting the best and the brightest talent produced by our university system. So I thought I would check into how real Estate is faring during these very uncertain economic times. I connected with David Funk, head of the Cornell Real Estate Program, and he reported that applications for enrollment in the MBA program are down, as they are with all top MBA programs. However, notwithstanding the skimpier application pool, the Cornell program is filling up, and these days students are very serious about pursuing a career, versus a “flavor of the month” approach to their career. Cornell has also experienced a strong undergraduate focus on a real estate “minor” program. On another front, we connected with Lynn Gray, CEO of Campus Scout, an organization that provides real estate companies with campus recruiting services, to find out what the outlook is for the next generation of real estate talent. Lynn reports that interest in investment banking and consulting is way down (surprise, surprise). On the other hand, student focus is on buy-side opportunities, especially within flatter organizations where they can learn faster and add value quickly. This also implies that smaller, more entrepreneurial organizations will also benefit from the current turmoil in the market since there is skimpy competition from investment banking.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.