Evgeny Munkov, a new advisory board member in the Terry W. Stiles School of Real Estate Development, completed two of NSU’s Master of Business Administration programs in 2014 and 2016, one in Finance and Financial Management Services and another in International Business. He didn’t expect to get into real estate or come back to NSU eight years later.
“As I was going through my MBA program in finance, I met, at that time, the director of the real estate program, who started introducing me to some people in the industry,” Munkov said. “Now, 12 years forward, it was interesting to be joining the advisory board for that same program that gave me a head start in real estate business.”
Munkov, along with David Udine, were added to the advisory board on Sept. 12. Munkov is currently the director of investments at BBX Capital, while Udine is the director of development at Cymbal DLT.
For the past few months, Udine and Munkov have been working closely with the Master of Science in Real Estate Development program at NSU. So far, they’ve enjoyed the experience and getting to work with students.
“I’ve got to collaborate with a ton of different professionals in South Florida that have dealt with the real estate development space. And I have been able to collaborate with students on their capstone projects, and was able to at least coach, guide and mentor some of them in their development plan for NSU,” Udine said.
Thomas Wuerzer, director of Terry W. Stiles School of Real Estate Development, said the advisory board is composed of leaders with experience in law, finance, affordable real estate and more. Board members in the MSRED program work on the capstone project with students. In the capstone project, which is designed to be a comprehensive business plan. In the capstone project, students analyze the market, look at rental prices for retail compared to residential, and build and present a report of their findings.
“This year, we did the capstone with [Munkov and Udine]. They have been absolutely fantastic in leading the students, giving them advice, giving them real world access to data, to information,” Wuerzer said.
Board members are also mentors to students.
“This also differentiates us from other programs here in South Florida. The development character, not just crunching spreadsheets, and that really high-profiled, high intensity mentoring idea that our board members are available at any time. So Evgeny and David are absolutely perfect for that,” Wuerzer said.
Udine hopes the MSRED program will grow by expanding its curriculum.
“We’re going to grow it by offering best in-class courses, tailoring the courses to ensure that our students are being taught the correct material in order to get the leading jobs in the industry and compete with some of the best schools in the nation,” Udine said.
Munkov, who was the co-founder of the Association of Latino Professionals For America chapter at NSU, also looks forward to seeing how the MSRED program will develop.
“One of the reasons I joined the board is that I do see NSU as a very progressive institution,” Munkov said. “It’s an honor to be on the advisory board for the real estate program. It’s something that 12 years ago when I was a student at NSU, I wouldn’t think of as a possibility for me to do.”
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