 Welcome. Hi folks, how are you? Good to see you. I hope you've been enjoying the little insight today into our program and the various things that we have going on in the classroom, in discussions, in invited guests, thought leadership, addressing the global challenges for cities and urban living. So welcome. All right, I think we have a good group to start with. I'm going to bring up a screen that will just give us some, you know, ideas in order to move this along quite well with some notes for you. Okay. Okay. So welcome to our open house. Our real estate program is a unique program. Definitely, there are many like it, many others that do, that address real estate learning in different ways. But we really believe that we have put together the best graduate program, the best program for really learning about the real estate ecosystem, as it is broadly, and of developing your place or working towards your place within that ecosystem as you go through your learning with us. It's a rigorous interdisciplinary curriculum. It is rigorous. We have only three semesters in one calendar year. There's a lot to learn and you know, you get down to it very, very, very quickly. Interdisciplinary because real estate is interdisciplinary. Real estate brings in, as I say, all of these people in the ecosystem, designers, urban planners, financiers, brokers, cities, cities and so on, and of course, users and community. We do a deeper dive than an MBA. Many people considering our program might be choosing to do an MBA. An MBA will give you a broad knowledge of business and general business principles and business practices. I myself did my MBA at Harvard. But what I, if you are really focused on real estate, this one narrows that or focuses that to be relevant to real estate, the real estate activity itself. So a lot more real estate, a lot more depth than you would get from even a real estate concentration in an MBA program. Our faculty are fabulous. We have five full-time faculty and we have about 50 adjuncts. The adjuncts are drawn from industry. We're so fortunate to be in New York where we have people at the cutting edge of all aspects of real estate, finance, architecture, sustainability and so on. These are the adjunct faculty that come in and from whom you will learn and with whom you will be able to address issues. New York City, of course, provides the opportunity also to be able to go and see buildings, go and view properties, go and see developments and so on. But of course, many of you come from other places and those who come from America also want to go to other places. The world is increasingly global. So we do include a global outlook and various courses, programs and travel plans that enable you to have a more global perspective as well. We are introducing a lot of technology. Real estate was a laggard in picking up on technology to support its activities, but now it is ramping up very speedily. You have dedicated classes plus you have generalist classes on the application of technology. With our program being about 150 students a year, we have been going for over 30 years now. We have an alumni network that is over 3,000 people globally and of course many industry contacts that have interacted with our program or hired our graduates or somehow connected with us or come and teach. So the network is extensive for our real estate program. Real estate is one of those activities, one of those professions, one of those businesses where networking is absolutely key. It is not something one does alone. It is not something one competes with one other person for. It really takes a whole lot of connections to various people. Our location is our strength. Obviously, we are within the School of Architecture, Planning and Preservation. That is a milieu of concern for the built environment. If you just heard Michael Kimmelman's lecture, the way in which the built environment both constrains people or gives people potential or how people actually can work and take control or take agency of the built environment is key. Being within the School of Architecture and Planning, we are constantly a part of those discussions. Finance of course is at the core of real estate and this is where the real estate program differs from the other programs within the architecture and planning school. Finance is at the heart of what it is about. Of course, New York City is one of the most progressive places in the world about finance and so you are constantly learning what is happening, what is the latest thing, what is the new SPAC and so on. Definitely, we have got finance, physical development, you get to see all array of opportunities and experiments with physical development throughout New York City and its areas. You will see development as a creative activity, you will be inspired by the solutions people have come up with and so on. Within Columbia, within the Columbia University, of course, we have a business school, we have a School of International and Public Affairs, we have data sciences and computing sciences and you are able to connect with these various schools and learn from these disciplines through those connections. We really focus on being leaders, not just parochial in New York, but globally. The issues, as you heard with Michael Kimmelin, that we are concerned with are not just local or very siloed issues, but issues that are really affecting the world. Sustainability is a big one that is coming in, communities, displacement, amenities, equity, and also the stabilization of the financial system so that developers can avoid booms and busts. All of those things are national and global issues today. As I say, to do this, we engage our alumni globally. There are many people in all parts of the world and we either go and meet with them or they come here and meet with us and tell us about how they are reading things from that perspective. Of course, we are really focused on the sustainable global growth because we are the ones, real estate people, we are the ones that deliver this built environment. Understanding the whole dynamic of how that growth is occurring, who is doing what and whose concerns are important and so on, and how we respond as professionals is key to what we are about. Now, the thing about real estate is that it is not just about a singular activity. It has many, many possibilities. It's a very, very diverse industry, let's say, and therefore your professional options are very, very wide. What we do is, though, in this brief time, hope to give you the foundation of the whole of the range. You won't necessarily become experts at any one particular range, such as asset management or developer or so on, though you can focus and do deeper dives on that, but importantly, for a thing like real estate that's going to change so much over the coming years, you should just learn about what everyone does in this ecosystem because it's going to change and there's no point in choosing a particular niche or role at this point in time because it's probably going to change. So best to come in, learn some of the basics, learn some of the traditions, but also get insight into what's changing and what's coming next. So you will have a mix of core work and also interdisciplinary or elective work. You will be considering real estate within both the private investment and development and also the public sector and how it manages urban development. You can be entrepreneurial or you can move into more corporate settings, more established work situations upon graduation. We now have a lot of students that come from previous architecture or urban planning backgrounds who've actually been out practicing and now want to add the knowledge of real estate to go out and do their own create and build and deliver their own development projects. So there are many ways in which you can emerge from the program, local and global as I say you could choose and but most importantly, we do understand that it is a big confusing broad area of industry and so we are fortunate to have resources to talk about this with you from the various very outset and this is provided through the career development activities of Rebecca Polymeter and she will be speaking to you very soon. The curriculum just as an overview if you want to conceptualize it definitely is a combination of finance, the physical aspects of the environment and of course the delivery. We don't just create a concept and then leave it to others. We are responsible for actually taking it through construction and delivering and leasing it up and selling it and operating it and managing it through its life cycle and so on. So all of these aspects these three dimensions we could say are really synthesized. Although we try and study them as components we're constantly overlapping and interweaving those concepts. Of course today as I say the digital context or the digital tools that enable us to do this are emerging and we learn about those students here can do coding, learn coding and then they work on apps and specific apps and so on. So we're involving that in this synthesis of all of these aspects of real estate. The program basically proceeds in this sequence. We have a summer semester where you start. This is where most of your courses are required and called core courses. Here you are picking up a lot of the fundamentals. Even if you come from a background of certain areas here you're picking up the fundamentals from the areas you don't have within the real estate industry. So as people develop that they move into the second semester which is in the fall and here you can start choosing electives that are in an area that's particularly of interest to you. Once again you don't. You don't have to focus but you can at this stage start to tailor some of your elective choices to a particular area of interest. Then of course real estate as I say it is a synthesis of all of these aspects of real estate and in the final semester we really work through your capability within that synthesis right creating that synthetic outcome of all the pieces that you've learned. So you hear you will do a project a capstone project which is comprehensive deal a deal book of a development of a proposed development project and you'll do it right from what the site is through the market analysis through the zoning understanding the zoning through the physical design the structural notions and so on the financial analysis of of how it will function as an investment the financial structure of the debt right through to marketing and disposition and return to investors. So that is the way in which you pull all of the things together in these various other classes a lot of them use case studies and projects so that now you're actually acting as a real estate person pulling together these things and making decisions. We have of course lots of lectures you just heard Michael Kimmelman today we've had John Gray and so on and Scott Wreckler in fact here we actually have our conference an annual conference that is put on by our program this is in the Mandarin Oriental we're also over at the Pierre Hotel in New York if you know New York well and we have in major speakers from the industry and panelists and so on for that conference it gives you an opportunity to mix as students with other people from the industry who come and attend that conference and our alumni of course do as well. The as I say about careers and career development you you start thinking about how to present yourself what your advantages are which area of real estate you might be interested in getting a job and we have our annual spring career fair and Rebecca will speak about that later. Of course sites, sites not understanding the actual physical nature of a development process requires you know kicking the tires getting on there touching it and feeling it and experiencing it. Also study trips this is this is our trip over to Asia where we have quite a few of our alumni who are gathered here as well as some students who we took back there to get them with great jobs such as with Blackstone and so on and so on so we do do trips over there we also have when we can get back from COVID we have wonderful interactions with mentors you are assigned a mentor who's an alumnus of the program and we do mentor events and and various activities where you interact and get advice from people who have gone through the program already and are out there putting it to use in their professional advancement. And of course you know real estate not everyone has these weird eyes but you know we really are a very social group and everything from in the park you know game volleyball games music social gatherings you know social gatherings and so on site tours neighborhood tours and so on all sorts of interesting things to be part of and forming this bond with your classmates is invaluable to your experience here that is one of the great things about being a full time very intensive program you actually get to bond with these people who will be your friends and probably business partners we have huge legacy of businesses that have come out of the program and partnerships and of that over the over your future so our mission is to create a visionary builders of the global urban environment and that is you and we hope you will join us very soon okay so we'll go back um Jessica and Rebecca watch what we've got I think I'm next next there you go Rebecca I'm Rebecca next I don't know if you'd like to take any questions about the program in general not specific to admissions or careers or if you'd like to save that all for the end. Any any general questions about what I just mentioned about the general the theme the approach the you know the the way in which we see our contribution to the real estate industry in terms of your young professionalism no all right well let's move on Rebecca sure go you guys see this okay can I get a thumbs up from um oh there we go thank you thank you uh my name is Rebecca Palomita I'm the associate director of career development for the MS red program at Columbia um this coming February I'll be here for six years so I've been working now with a total of like six classes I think now Jessica um it goes very fast the program goes extremely fast it's only three semesters and you all get to spend time with me which is fun too and I absolutely love getting to know you guys okay so the purpose of this we are like you know professor Darington said this is not an MBA program um as far as placement but I will be there with you guiding you professionally for your career while you are at GSAP okay at the MS red program there's a timeline that's involved so you have three semesters the summer the fall and the spring um and I'll be working with you on that career timeline um to make sure that you guys will all be close to employment um come come time on graduation in in May so these are the things that are offered through me in the office we have the career counseling sessions which is me we have a career fair every year we have lunchbox lectures that focus whether it's on industry folks or alumni who are in the industry we do have a mentorship program a spring internship program where you will be able to take a internship for credit which is would be one and a half credits for that last semester starting in January right from January to May and then we have a new software that just launched this fall called People Grove which is basically kind of like a one stop shop job board events discussions flash venturing being able to connect with recent alumni so it's really cool um so you guys will be able to use that which are really happy to have on board I meet with you on an individual basis right so you guys will make appointments with me I do 30 um minute office hours which sometimes go longer and the president of the class is on there and he knows that sometimes it's kind of like a waiting room um because I really take the time to get to know you guys and learn about what you want and really um focus you know like professor Darren he said on the versatility of the program and what you need and what you're learning and kind of helping you narrow that down after your second semester um and it's important for me to get to know you to be able to portray you to employers and other organizations these are some of the topics that you guys will learn throughout the year with me um and some of these will be seminar related and then some of these will be one on one with me as well and then these are just some titles of uh some examples of titles as some of the students of students when they graduate whether it's a role in finance whether it's a role in development if you see under the examples of roles of development that first one says development analysis slash associate those are typically um which you know if you guys decide to come in the program I'll get more into the nitty gritty of each of these but that's more of a hybrid role where you actually touch the finance and the project management piece of the uh the built you know life cycle so I just want to let you know so these are some of the finance and development titles this just gives you a snapshot I mean I have years prior to that obviously the class of 2020 during COVID was probably one of the most difficult classes that I had to help get employed um but you know it all worked out it just took a little bit longer as far as the class of 2021 who graduated in august as of right now 85 of those students have roles which I'm very percent I'm very very happy about 85 of them have roles 10 of the class right now I kind of don't know where they are that's typical you know some people those you know students either will go back to maybe a family business or back to their home countries and just kind of like don't keep in touch that's usually about 10 percent and I'm still only I'm still working with five percent of the class on getting full-time roles um which is actually spectacular this year our development roles um you know we're around 18 percent uh and those development roles are focused you know not necessarily in New York but all over right so this is you know obviously our geographical locations a majority of our students stay in the New York area but we have students who have go all over the world we have students who've landed in London who've landed in Hong Kong but you know Canada as far as domestically we've had a lot more go to the southeast down into Miami the Sunbelt in Texas LA Chicago Boston Denver so we have no problem with connections and and getting employment all over the world that's not been an issue for us we're very connected to our alumni and industry folks just like Professor Darrington said um I thought I had one more slide there but I don't I think stuck stop share um I'm just stopping to share now if you guys have any questions that's just kind of like a literally like just a little snippet um but it's it's a lot of work you know just like you guys will obviously come to Columbia if you want to to work on your real estate degree getting a job is also a full-time job so you will be full-time students and full-time um seekers of employment for those who do need a job and I will be right there with you all three of us will so I don't know if you want to take questions after Jessica I think we should do any career questions now I'm sure people will also have questions at the end but we want to talk about um student student life here and Joshua Westerman will be doing that so if anyone has a burning career question I would throw it in now and then we also could do do some at the end nobody has any questions we can wait we can wait that's great josh was here hi everyone uh yeah thanks for passing along uh my name is josh westerman i'm a current ms red student um i'm happy to be able to serve the the 22 class as their student council president and uh as you just heard i'm i'm gonna kind of just build on top of what professor darynton and rebecca have said and you know as a student I um a little bit about my background is that I have a degree in architecture and then I went and worked professionally for about seven years before deciding to come back to to school to to kind of explore more about the topics uh dealing with the built environment that I was interested in um building on top of that kind of architecture knowledge um both academically and professionally and uh you know to expand on what both of them have already covered this this program why I was attracted to it and what I'm seeing um as a current student is exactly what they mentioned and it is it's such a diversity and strength of perspectives and experiences and you know I think the best way to to learn about your interests but also um how to apply your talents is uh is to learning from other people and being challenged in the way that you think about our built environment and um so our our cohort is um a strong and and vibrant diverse group of people that um have a lot of backgrounds from design from brokerage finance and to be able to sit in a group project with my cohorts and and kind of draw on their perspectives and their experiences is is a really unique um and and challenging way um to learn real estate so I don't have a pretty fancy slide or anything but I wanted to just share my screen to talk about some of the things that um we're doing in the MSR program and and Jessica dropped this link in the chat and I thought it was just important to show um as professor Darynton had pointed out real estate and uh and GSAP you're gonna get so much benefit from the the social aspect and just learning from your peers and so GSAP and uh the MSR program have just a tremendous amounts of clubs that you can be a part of and you can plug into and and uh so I think there's really great strength in in the in the in this list and I would urge all of you just to to kind of poke around this website in this link and just see some of the great ways in which people are thinking um outside of the classroom um and all of these clubs are doing a lot of really good things um obviously the social aspect um but bringing in guest lectures uh professionals doing site tours uh even that is tricky in COVID times but you know trying to get small groups to go see buildings um it's they're really really great resources to have outside of that that classroom and then I just urge all of you if you want to see what we're up to uh we are on Instagram and you know we're kind of sharing what some of our clubs are doing and um some of the fun things that we're up to uh and so we we try to keep this active um and then if there are any specific questions for me as a as a current student I'd be happy to to take those. Kelton you have a question? Yeah uh again thank you for speaking with us um it was spoken a little bit about the I guess the very collegiate atmosphere of the class and and getting to know all your I guess peers whether it's in your own club or silo or you know with the program uh more broadly could you speak maybe to your experience or perhaps maybe a specific story um of where you really felt included into that greater Columbia uh GSAP environment? Sure you know I think that happens on the regular uh it's kind of funny that a lot of the classes are are designed to kind of challenge you either in a group setting or um you know even if it's just two individuals that are you you're challenged to um either negotiate with someone when maybe you're in a leasing class and you're having to play a landlord versus a tenant or whatnot um or a larger group project where you're working on maybe a development proposal. You are learning you know I I come from an architecture background and so I had been surrounded by designers and creatives and when you're put on a team and you're having to think alongside someone um who comes from a finance background and they they are maybe approaching it a little different than you I feel like it's very indicative of the real world and um and having to learn and challenge yourself to think alongside um a group of people and so I think the cohort again just to to establish it's so diverse um where people come from and and and the backgrounds that um I hope that answered your question about how that's kind of challenged on the daily um academically. Any other questions? Yes and Kelton I can just add that you know it's um it's it's not sort of structured it's the the idea is that the class itself is wonderfully broad you know about 150 students uh that you're with sometimes altogether for a lecture sometimes you're in different you've taken different classes or you're in different groups or you're on different projects so uh so within your activities uh both academically but as Joshua said and he sees president of the student council the student council run many many events for the whole class in addition to people in addition to the clubs that set up various events the clubs are also very generous in you know they set up events but they invite everyone so uh you know it's not as if you're siloed within clubs you get to know each other and I really believe that 50 percent of your learning and understanding about real estate is going to come from your interaction with your classmates where they're from what their experiences have been how they see the world how they go about uh solving the same sort of problems as you do but differently uh the lectures the guest lectures that come in and the things you do with your clubs 50% easily of what you learn so you know being accepted and being included and so on is really just part of the whole uh you know we're here to explore together. Absolutely and it goes back to that cliche like what you put in as we're going to get out type of thing like obviously um being in academics you can attend every class and and be involved to that degree but it really is about seizing the opportunity over this year um to plug in wherever you see a chance um and learning from every possible person. And we have Arusa? Yes this is Arusa thanks um I was wondering and you guys might be covering this in a little bit but if you'd be able to provide an example of the kinds of projects or problem statements you're working on um are exploring in the in this program. Ah well it's a huge range but uh we start with some very small you know introductory projects such as taking a site uh investigating its uh its neighborhood, the community, the zoning requirements and so on that's from a physical point of view. We will also take a problem or a project in terms of working out the financial feasibility of doing a development on a certain side to things that vary to really large areas um you know how do we work with community land trusts in an area like the Bronx uh things like that so and then as I say so there's many many different types of projects along the way no sort of specific project description or problem description uh but it does all culminate in a very specific deal book that you produce as an individual at the end that proposes a development project you're given a choice of you know six or seven sites in the New York area and you work with groups initially but then you go and you do your own uh solution your own proposal to that full development project as I say from how this how you work with the site through the physical motion through the financial aspect and uh and so on so you take away this uh wonderful presentation of everything you've brought together and learned and brought together in your training. That's great to hear thank you so much um I have a quick follow-up um I was wondering how like maybe what percent of the cohort or the the student body of this program um pursues us as a dual um degree with another you know whether that's an MBA or for example urban planning masters or another program uh Jessica um so it depends every year and it also is a little tricky to count because some people start dual um when they're applying to both programs at the same time some people apply to a dual after their first year of a mark so at any point we have like 25 30 duals going along sometimes someone will start dual and ultimately decide to just switch to real estate occasionally it happens vice versa so I mean it's not a huge percentage but um there are always people kind of moving along and it's nice too because they can kind of network with every class if they're uh strategic about it and also work with Rebecca work with me um work on keeping the clubs going this summer we had a lot of dual um TAs so you know they've already taken the core classes and it's really nice to loop them in when they want to stay involved. Got it I really appreciate it. Yeah Arisa you're limited in terms of you know what dual degrees you could do you can't just do an MBA and a real estate dual degree uh it's just within the graduate school of architecture planning and preservation between um master of architecture I believe master of urban planning maybe masters of preservation uh and so on but uh you know some people do come from the MBA program and and take a couple of courses as a lay but there's no no formal arrangement with any other programs across the university. I see yeah I would be interested in in the masters of urban planning program so that's helpful thank you. Okay I'm looking at some of these questions in terms of entrepreneurial support um some of it's a little bit cobbled together we have this great professor professor Cohen who teaches a couple of classes on entrepreneurship I know he's met with a lot of students who want to kind of follow the same path which is what he did after um after graduating from the program and kind of had been doing beforehand there are some students who are already working on entrepreneurial ventures before coming in and they like to partner with other classmates um we have a class on entrepreneurship with mesud body um professor body which is great there is a an organization that's kind of umbrella for columbia university on um columbia entrepreneurship so someone could plug in there um they also have some entrepreneurship talks um through a center that's kind of affiliated with the business school but it's open to columbia students and and staff so it's not it's not like a set this is the office of entrepreneurship that you would come to a peace up but we do get a lot of entrepreneurial students who kind of make a point of getting to know their classmates and also professors working in that space yes I might add that this is learning about entrepreneurship we are not set up and the university does not allow uh commercial advice to be given by professors or to be um obtained during your uh educational program uh that is not uh the learning experience here and there's certainly no funding for entrepreneurial activities uh you know within the university that's just not what the university is about but in terms of learning and being uh exposed to many many people who do it uh lots and lots of opportunity for that and uh you know you'll be inspired to go out and take advantage of everything that's out there um alumni network outside of new york i'll just say a couple of things um we uh we have alumni gatherings of people in in many many areas uh for a long for quite a while at los angeles there you know we only had a few a handful but it's amazing how many people have it converged around that area converging around texas converging around florida so many of our graduates and alumni are moving to those areas and and working there so those uh those alumni groups geographically uh are being expanded uh when you're here uh you you know there are some outreach to them uh but definitely you know you're you're able to call on them and connect with them rebecca has a new database system uh which you might speak about that enable is going to enable uh all of these alumni to uh jump in uh here jessica's saying we have a great alumni linkedin group yeah so there's a there's a linkedin group that you guys will have after you graduate there's also a searchable alumni database um that you guys have access to that's central wide and then you will have the g sap gateway people growth platform where you will be able to um reach out to recent alumni basically the the g sap people growth platform is kind of like a linkedin for g sap so there's numerous ways where you can you can touch upon that but i also you know even with all of you who you know went to undergrad you might might be surprised at how many of your undergraduate um friends or you know people might be in the real estate industry as well so i always tell students to do like the double networking columbia and using your undergrad especially in new york anything else uh well jessica back to you well it's nice to meet meet some of you and see some work faces that we've already seen um before i just want to give a plug for the the application website some people have been asking me questions what if i have 525 words will the system reject it if you choose to apply it will not reject it we are super strict about that um all of the all of the guidelines are listed at the g sap admissions page i would recommend if you choose to apply not waiting until january 13th to press submit just because you know there are only so many people who work in the office and then oftentimes a recommender will be traveling during the holidays or someone gets sick they get distracted and so if someone just kind of wraps it up more around Thanksgiving time um generally they're happy they did that but again totally up to you happy to answer any questions in the coming weeks and we have the the built up symposium that uh dr derrington is presenting with so many great um speakers and it's set up to be virtual so that'll be a good learning experience um there will be the spring conference we do have some other talks that are sometimes open so if you want to go to something else that's um gonna be virtual as a like a lunchbox and it is open happy to let you know um we don't have as many things open as usual so normally i would try and say you have to come to campus you have to talk to many people as many people as possible so we aren't doing that quite yet but hopefully hopefully by this spring semester um we do not review them on a rolling basis they're all looked at together in February um and yeah i just make sure if you choose to apply that none of your recommenders are related to you um or in the same fraternity or something like that someone who's a little senior to you definitely helps but if you have any other questions this is the perfect time and i'm sorry if i missed anything in the chat for any of us really sorry hi i'm derrick i was wondering if i could ask a question yes i just wanted to ask uh like josh i also went to architecture school and i i just actually i just recently graduated like two years ago so i've been only working in architecture firm as an architectural designer project manager kind of thing for the past two years or so i was wondering would my experience my lack of experience make me less competitive of a candidate when i'm applying or no absolutely not um i think any experience that you bring um it can can help you and and i think this opportunity to plug back into academia is um a chance to further um that education that knowledge base um and so uh no i i don't think that's a deterrent and and actually i think having some work experiences is really beneficial because you have um set that office and and you've seen from an architecture standpoint how things can operate um so no it's not it's not a deterrent at all okay that's really awesome to hear thank you so much hi my name is uh hunter bushard i just have a quick question if it's okay to piggyback on derrick's question yeah so um just to piggyback on the experience of the experience a question i come from a totally different background i was in the military for nine years i'm an officer in the navy um and since getting out you know i've worked in a you know a separate field um that's totally you know different um from you know real estate development um however i've been you know fascinated and very interested i've lots of friends you know who work in real estate actually have attended the program my question more specifically is you know with a background like like mine you know will that be a deterrent or you know are there other applicants you know coming from similar situations um i'll have rebecca speak about it in more detail because she herself comes from the marines but hunter absolutely we often have great great students coming from military backgrounds having been out there a while uh and uh you know the wonderful thing is you know exactly what you want to learn and you you're pretty committed to doing it and you you get so much out of it um we've had people from all of the various different um military uh arms and so on and everyone's done well so it'd be really great to have someone from the navy uh rebecca thank you we just had an army officer this last class in the class of 21 who's now working full-time and was able to get an amazing internship um we work we also work closely well i work closely with the um the veteran center that's on columbia's campus that also helps um you know transitioning you know from the military and back into obviously an educational space and kind of like you know obviously having those um skills transfer so it's not a problem we actually enjoy it we've had navy army marines air force so um we also you know participate um and help with aid as far as that goes from the da so i'll be happy to work on that with you if you have any questions on the side oh amazing thank you guys so much for that i really appreciate it we appreciate your interest tanta hey thank you and i just jump in and say anything you have in your background whether it's in the military or if you're volunteer organizations if you have any leadership um experience that you want to kind of like draw to the forefront mentioned in your statement mentioned in your resume sometimes people think oh i don't have any relevant experience but if they start thinking about it there are a lot of transferable skills and it's it's great to include that in your application real estate yes real estate is not a thing about any singular skill it's really about a person who's passionately driven and capable of pulling on many technical skills and most critically interacting with all the other people that you have to work with so you know talk about any of those things uh that you know you that have been part of your life in that respect and so on uh and you know you will not only be the perfect person for us but you will find the environment perfect for that anyone else yes i have a question are you sure jaykin i am coming straight from undergrad and i was wondering if that's a disadvantage when looking for jobs during the program and also what percent of the class comes straight from undergrad well i might just address that i'll have you know rebecca uh follow up with respect to specifics of jobs um like an MBA program and like any graduate program really uh it it is preferable to understand a bit of the industry first uh and most definitely you know after six years of just being a student with uh no work experience it is it is definitely more challenging to get that first job and now you're asking for more money because you've got a graduate degree then you would have as a more junior person so you know the uh we we do you know encourage that but on the other hand you know many people are just so driven and ready to do it uh they know you know they know what they want to do they're willing to take internships and summer jobs and so on to fill in the the work experience you know so it does work both ways um i would say who'd like to jump in and tell me what portion it's been coming down we in terms of the number of people who come straight through you know with many MBA programs there's an absolute requirement of at least two years work experience uh so we tend to be trending along that but how many would we have probably 20 to 25 come straight from undergraduate oh i wouldn't say that much i mean it's always a handful but i wouldn't say 25 not even that much yeah i mean it's sort of thing where typically the people who come within a year of undergrad really excellent friends really amazing letters of recommendation maybe they grew up in real estate families or they were working along the way or they have so many internships and volunteer things where people are just like this person's a superstar they're amazing in general i totally agree with director derrington it really helps have a few years of work experience but there are totally exceptions and if you feel like you're that exception you know i i'm not going to tell you you can't apply now for sure rebecca what do you find when they i find you know and we have we have a couple of kids in this current class and what i tell them is you know having an internship during the program is is a must like it's it's it's it's a must coming that spring semester and typically what happens is you either stay at that internship to full time or you leverage that internship to try to get another job as an entry level um whether it's an analyst or an assistant project manager and looking for roles that have zero to three years of experience so there's students who do it but as far as being competitive with your classmates and the market you will need to have that transition into real estate while you're in the program so i will i work with the students like i said to try to get them in the door coming for an internship from january to may uh anyone else i'm sorry it's derrick again i have another question sure sure hi i was wondering because i have i did a lot of projects when i was in school and i was also i've been putting together my portfolio i was wondering would you guys recommend putting work i've completed or participated in while i'm working professionally like within a firm or like a development that we i worked on or would you recommend that i should just put work i'd done like academically as a loan in school a part of my portfolio um i tend to like to see i mean we don't need to see the work but definitely i think you should describe it that you've been involved with uh you know derrick as i say real estate uh even design architectural design urban design none of these things are done individually you know singularly uh they're done with groups and so on but having been involved in that that's a very important part of your experience uh you we don't expect you to have been out there running a project or anything um you know uh but talking talking about your experience uh you know you're here just to add the extra bits so that you will go out and run projects but um you know we don't expect that to date though but do speak about it we're not an architecture or urban planning program where you submit a portfolio uh so you know you don't sort of pictorially demonstrate it but definitely on your uh you know your resume your cv and so and you should describe in you know in good detail the various things that were done and and what your role was okay i see thank you so much good hello good afternoon i have a question in regards to um the topics covered in the the master's programs are they're approachable to other kinds of countries that are not the first world country that obviously the united states is and um could you go on farther about that that's my question uh katalina absolutely uh real estate is a is a global activity and although you do learn in this uh new york context an american context uh because of globalization the way in which these things are done uh for instance zoning zoning is now moving to all parts of the world zoning regulations and planning and so on so you know you learn here about a number of things that will happen in your careers in other countries uh or you pick up ideas that you can take back to those countries uh we don't specifically have programs that investigate a lot of other countries because there are so many uh we do do annual study trips usually we've gone we go we some go to brazil um i've taken one to uh romania we've gone to uh london china uh and so on so we do do study trips uh and within that you learn about cross border things how things vary between what you've learned in the u.s and how things may be different in a different country so it's not a global program it's not the kennedy school of you know uh sort of global affairs or anything like that but we do understand and this the class is so global uh you know you you have people from everywhere so we really rely on everyone you know contributing their their experiences and what they know and in fact once we you know we had which i'm hoping the the um uh what do they call it the real estate uh the you know offshore real estate club or the global real estate club are getting uh to do again is each person from in the club that it made a presentation about their country and what the basic real estate activities and conditions were and how things differed and so by being here and having to do that you learn more about your country and then other people learn also about your country so um you know it's uh it's it's sort of a really a a way of you know being within the environment and and picking up those things hope that helps a bit anyone else well look folks you know we're all reachable we we love your questions because it's a big choice and uh you know and we we work very hard here to make it a great program so we we don't want you to come half-heartedly we want you to feel as though you know exactly what you're getting into and you really embrace it and you know you what we're offering is exactly you know what you're going to be able to get so uh please you know we'll interact with us now uh you know before you go through the process of of doing your applications and so on uh we're really really keen to talk you through a lot of the details I really I'm really just sad that we can't actually have you on campus because it's usually such a great great feeling um but you know uh the wonderful thing is you'll be hopefully we've all got rid of the challenges of COVID and if you join us next year we'll all be here on campus it'll be a lot of fun so thank you very much for joining us today uh Jessica Rebecca I just want to say thanks so much it's great to see you all stay in touch we're around we're happy to talk um yeah huge decision but I've seen so many people go through the program and really change their lives so it's inspiring it's very exciting so I hope that some of you will come for this next cohort starting in June and I will say we are fully back in person some people have been asking and it's it's gone remarkably well I mean so I feel like by next June things will be normal normal no masks I'm hoping you know we're fine all right thanks guys thank you everyone thank you bye bye