5 Signs You Should Go Back to Business School
There are many benefits and reasons for professionals to go back to business school, whether you’re looking to refresh your skills, learn something new, or move up in your career or workplace through continued education. A common misconception about business school is that it’s just for “business people”, but that’s the furthest from the truth!
If you have goals to move up in your industry or organization, make a career change, or want to become an industry leader within your line of work, business school may be appropriate for you. Many people of different experience and education levels within different industries attend.
Here are some reasons you should go:
1. When You Want to Make a Career Change
If you have been in your career a while and considering your life choices, professionally and personally, and things just aren’t working out, business school may be a good way for you to set yourself on the right track. In fact, business school is often more flexible and less costly than taking night classes at your local university, for example. Though you may think it’s not for you, as we described earlier, it never hurts to take a tour and see what the offerings are at the business school you have in mind. Do your homework, then make the change you envision!
2. When You Want to be an Industry Leader
Maybe you don’t want to make a career change but want to move up in the ranks within your industry. This is a common reason, perhaps one of the most common, people go to business school. It’s a fantastic way to show your current workplace how much you care, too, so if you’re worried about the cost, you can see if they will cover the funds for you to become more educated. You are a reflection of them and vice-versa. Explore all of your options for leadership courses. There are many routes you can take to pay and schedule classes.
3. When You Feel Lost in the Workplace
Maybe you don’t fall into either category, and that’s okay. Many professionals struggle to find themselves in a career or organization feeling it’s a great fit. If you don’t know if you want to leave and try something new or move up in the ranks within your current field, business school may help provide you some clarification. Take some classes in and outside of your field to explore your options and see what’s possible in other fields. You won’t know unless you try!
4. When you want to increase your Earning Potential
This is a great reason for a lot of people to go back to business school, especially if you also fall into #2 in this post. When you go back to business school to continue your education and become an industry leader, this increases your earning potential within your organization and industry substantially. More education means more power in the world of business, so put it to work, and let business school work for you as much as you work for it.
5. When you want to broaden your skill set
Business schools have taken a great focus on the entrepreneurial and startup spirit, but also have given students a chance to learn more about financial risks in the form of risk management classes. When students know how to forecast the financial risks decisions among departments have on the overall organization, they can help businesses minimize impact, drive revenue, and create organizational growth. There are many plus sides to classes like this, despite what position you’re currently in or are aiming to be in. When you know finance, you have the one-up!
Business school is a flexible environment that meets many schedules and aspirations, so get out there and see what’s possible with the next steps in your education. Business school will lead you to the next steps in your career in a hurry. If you’re ready to fly, business school is for you.
Be a goal-getter with Schulich School of Business. Discover the educational centre’s many opportunities for Canadian residents here.