It is often said that it is not necessary to have a tertiary e | Alisher&Mukhammadali posts
It is often said that it is not necessary to have a tertiary education to become a successful businessman.
To what extent to you agree or disagree with this statement?
Some people argue that one can become a successful entrepreneur without a university diploma. While there is some truth to this point of view, I reckon that university education is a prerequisite to success in business.
The idea of becoming a successful businessman without university qualifications can be justified on some grounds. People who share this view argue that university education does not teach one practical skills such as communication, which is crucial in the context of business. Since business involves constant exchange with people from various fields, people wishing to become a successful businessperson would be required to become an excellent communicator. Rarely do people develop skills such as this one in the confines of a classroom. It is also suggested that the university curriculum does not reflect the challenges of the business world. This is because university subjects are mostly theoretical and hardly prepare students to day-to-day management issues like event coordination and leadership, making university education less relevant to leading a business.
Notwithstanding, I deem tertiary education critical to running a successful business. This is primarily because university education equips one with specialized knowledge needed to have a well-rounded grasp of one’s area of business and make informed decisions. To have a thriving car manufacturing company like Elon Musk or any other successful automobile maker, one needs a degree in physics and engineering so that they make a good product. True, one can acquire this expertise through online sources without the need for university, but the university curriculum and assessment system are what ensure that this knowledge is properly learnt and measured. Moreover, university experience enables networking by allowing people to make connections with like-minded individuals. Being in a circle of people with similar ambitions and interests, in turn, makes for a stimulating environment and reliable support system, which aid in coping with the challenges of running a company.
In conclusion, while some shortcomings of university education cause people to downplay its importance in becoming a successful businessperson, I am of the opinion that it is instrumental in facilitating learning of technical knowledge and networking, without which businesses would fail.
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