I own a test prep company that focuses on graduate and professional schools. When students go on to grad school, it benefits my business.
Graduate school, however, is a huge decision – and some people make that choice for all the wrong reasons.
A master’s degree can easily cost over $200,000 in tuition and lost wages. This career and education move might be worth the effort and expense in certain situations… but not always…
The University of Michigan has the Zell Lurie Institute for Entrepreneurial Studies. The University of Chicago has the Polsky Center for Entrepreneurship. And Wharton has the Snider Entrepreneurial Research Center. As more and more business schools add entrepreneurship to their list of concentrations, many people are asking the question: Can entrepreneurship be taught? It’s sort of like the old chicken-or-the-egg debate: Which comes first? Do aspiring entrepreneurs need business school to succeed? Or is entrepreneurship a skill that’s innate, and the reason why many of today’s most successful business people (aka Steve Jobs, Bill Gates, and Richard Branson) don’t even
Pursuing a graduate degree is indeed an educational achievement. And over the course of one’s career, an advanced degree equates to increased earning power. On the other hand, this degree is a major commitment. It’s expensive and requires a significant amount of your time for several years. And some employers may feel a candidate with a Master’s is actually a hindrance to their job search (“overqualified”… “I can’t afford him”… “he’ll leave as soon as he finds what he’s looking for”) Whether to pursue more education is certainly not a decision to take lightly. Before you decide whether a graduate