Business school versus real-world work experience

My studies at an official academic institution at the Faculty of Business were tremendously rewarding and gave me a foundation I can continue to build on in my career. But I also know that being the person that has been in both places is the most valuable thing you can do to ensure success in both places.

I’ve seen alumni struggling to translate their skills from a top-tier school to a start-up. I’ve seen people that move into senior roles at a company only to be met with frustration because they didn’t get the training they needed from that role in the first place.

It took a stint as a business consultant at a new online casino to further realise that Business School can either be worth it or worth passing up on, but that depends on the individual and his or her approach to learning in general. Shining the spotlight on the Business School route, as followed officially, one very pertinent question comes up.

Is it worth it?

At the end of the day, it really is a question of whether or not it’s right for you. If you have a lot of drive and a passion for the work you are doing, then it may be something you should consider. You will learn a lot of new skills and work out some very important issues as you go along the way.

As you’re going through business school, you are constantly being exposed to different situations. You will be exposed to different perspectives, different leaders, different companies and you will be given the opportunity to think about the direction that you want to take.

So, if you’re a little timid and tend to shy away from speaking to people, it’s good to think about how you can deal with these things. Although it’s great to try to avoid conflict and all the effort that comes with it, you will never have the opportunity to get better unless you’re prepared to step outside of your comfort zone and tackle some of these issues.

As you’ve probably noticed, business school is not for everyone. You do have to have the drive, passion and dedication to succeed. You also have to be able to take criticism when it’s needed. As with anything in life, it’s a case of practice makes perfect and all the hard work you put in today will pay off tomorrow.

One of the biggest lessons I learned from both attending official Business School and immersing myself in the real-world business environment is one around interacting with people you work with in order to create the value which you sell on at a marked-up price.

The ability to retain and attract talent

As a company, you may be able to offer special employee benefits to retain and attract talent.

Increasing the value of the business

The incorporation of a business, gives you the ability to increase the value of the business. If your company does well, it will have a positive effect on your personal assets, including your home, your car, and other assets.