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Do You Really Need a College Degree to Advance Your Career?

Do You Really Need a College Degree to Advance Your Career?

I recently participated in a radio show in which a woman in her 70s called in to ask if she should get a college degree so she could pursue counseling work. That’s a big decision, especially for someone who already has significant life experience.

But her question was one people at various stages of their careers ask all the time: “Do I need to go back to school to advance my career?”

I tell anyone in this situation the same thing: do not saddle yourself with $50-100,000 in student loans unless you can guarantee you’ll be able to pay it back. The Wall Street Journal reported recently that the federal government is garnishing a growing percentage of senior citizens’ social security payments to repay their student loan debts.[1]

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That’s a terrifying situation for people who are counting on social security to see them through retirement, so think hard before committing to a costly degree program.

To Pursue a Degree or Not to Pursue a Degree?

If you’re on a corporate track, a college education is a prerequisite for walking through the door at major companies. But a bachelor’s degree today is the equivalent of a high school diploma back in the days of the Baby Boomer generation. Everyone has one, so you’ll need at least a master’s degree to distinguish yourself. Some corporations require an MBA from a top-20 business school just to apply for leadership positions, so if you work in the corporate world, getting an advanced degree is in your best interest.

However, if you want to freelance or become an entrepreneur, going back to school is unnecessary. In this case, it is all about leveraging knowledge to get results. In the entrepreneurial world, it is all about meritocracy. Credentials don’t matter. You can learn business skills for free through online platforms such as Udemy, Coursera, and EdX. Those sites offer classes from some of the most prestigious universities in the country, including Stanford, Harvard, MIT, and Yale. For a nominal fee, you can receive certifications after completing skills development courses that you can add to your résumé and LinkedIn profile.

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Online learning platforms are also valuable for people who want to advance professionally but haven’t had formal skills training since college. Massive open online courses (MOOCs) and nanodegree programs such as those offered by Udacity enable you to develop cutting-edge skills without going back to school.

Google sponsors a free nanodegree course through Udacity, and participants can pay to become certified once they complete it. Executives from Google monitor graduates’ scores to potentially offer jobs to high performers, proving that where you went to college matters less in today’s job market than whether you can code and which programming languages you know. Meritocracy rules!

How to Build a Better Résumé

How you craft your résumé matters as well. Many people submit old-fashioned résumés that are little more than lists of data and dates, but that’s no way to get noticed. Companies care about the skills you possess and the value you bring to the table. Help them connect the dots by weaving your experiences into a narrative about why you’d be an asset to their teams. Be explicit about your goals — What do you hope to achieve in this position? What are your overarching career ambitions? Clarifying those answers makes it more likely that you’ll get to where you want to be. Most importantly, connect the dots of how your past experiences give you the ability to help them accomplish THEIR goals. Show an understanding of their mission and how you can help them achieve it!

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There’s a saying in journalism that applies to résumé-writing as well: “Show, don’t tell.” Companies see thousands of résumés that follow the standard college, job, date format. Those submissions tend to be uninspiring, no matter how seasoned the candidate. Instead, show them what you can do by saying, “I’ve researched your company and learned that you’re dealing with X problem. This is whom I’ve worked with previously and how I’ve helped them solve a similar issue. Here’s what I suggest you do.”

Not only does this showcase your skill set and problem-solving abilities, it demonstrates the precise value you’ll bring to the company. The conversation becomes richer and more engaging, and you have a better chance of being hired than if you submitted a plain, regular résumé.

Getting noticed in today’s job market requires having desirable skills and being proactive about your ongoing education. Formal degrees are not prerequisites to professional success. But a willingness to seek out learning opportunities is key to building a satisfying career around the work you love. For those looking for help and career clarity, I highly recommend taking a career direct assessment before making major career transitions. That assessment will help you understand your skills, interests, passions, values, and areas of expertise so you can make an intentionally designed move to the area in which you’ll have your greatest success!

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Featured photo credit: Pexels via pexels.com

Reference

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Robert Dickie

President, Crown Financial

do you really need college degree advance career Do You Really Need a College Degree to Advance Your Career?

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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