This week at myGreenlight we’ve gotten heavily into the discussion of the value of higher education. Amidst all this debate, I’m studying for my GMAT and trying to figure out where I want to apply for Business School. Needless to say, Sara’s blog from earlier this week made me stop and make sure that I really want to go back to school.
The last time I went through this process I was a wide-eyed seventeen year old, just wanting to expand my horizons past the suburban utopia where I had lived my whole life. Yes, the education part of it definitely mattered, but it was more about a well-rounded growing experience.
This time, there are a lot more factors that I have to take into consideration. Can I afford it, will it help in my career, and most importantly is it worth it? According to a Harvard Business School (Keith’s Alma Mater) professor, “A top-tier M.B.A. is by no means a requirement for success, but is provides a pathway to access and opportunities that otherwise may not be open.” This Forbes article makes a great argument for why Business School is the most rational choice for a person like me. On the other hand there are books like The Education of Millionaires by Michael Ellsberg and The Innovative University by Clayton Christensen and Henry Eyring which make the opposing argument very compelling.
So here I am. Attempting to fit studying into my full-time work schedule and still have a life and on top of that-trying to figure out if I’m making the right decision.
To summarize, here are the top five reasons why I want to apply to Business School:
- To get a stronger foundation in my knowledge of business
- Professional/career development- both in the theoretical and practical sense
- My personality type- I’m a more risk-averse person, so I would be less interested in blazing a new trail than working my way along a traveled, yet still challenging road.
- Having specialized knowledge in an area of interest to me (a Master’s degree)
- A new engaging and challenging experience
I know that there are legitimate arguments both for and against these reasons. I also know that I don’t necessarily need to go to Business School to accomplish these goals.
Business-school students, my fellow applicants, and those who’ve decided against biz school, please weigh-in: Does my reasoning hold water? Please share your experiences and thoughts!
Ritu Walia is myGreenlight’s Member Coordinator.