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Last Updated on February 9, 2021

How to Make Going Back to School at 30 Possible

How to Make Going Back to School at 30 Possible
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All through your teens and twenties, you thought that once you arrived at the “big 30,” your life would all fall into place and you could just coast in your career. But now that the milestone has passed, you realize nothing is static about your career and you’ll need to scramble to stay ahead. Going back to school at 30 (or even 35 or 40) is a real possibility.

Today, you can never afford to stop learning. If you’re not moving forward in terms of amassing new skills, you’ll be left behind. Employers today seek continuous learning. More than ever before, today’s workers must anticipate what technological and societal disruptors could impact their jobs in the next few years, then proactively prepare for them. This usually comes down to further education, be it getting an MBA, taking additional seminars and classes, or obtaining new certifications.

To remain relevant in today’s workforce, you must get trained — and often retrained. But at least the effort will likely yield monetary rewards. Studies show that students with a college degree earned 57 percent more than those with only a high school degree. And those with a master’s degree or higher had 28 percent higher earnings than those with a bachelor’s degree.[1]

The message? Keep learning!

1. Position Yourself for Your Future-Ready Career

Your skills need to improve at the speed of technology — which is lightning fast. To position yourself for the future, you’ll likely need advanced technical training that allows you to stay on top of new changes.

When setting out to go back to school as a working adult, look for programs that will arm you with the practical skills you’ll need.

Ask professionals in the field of your dreams what specific training is required. One way to meet these professionals is through LinkedIn, or start attending industry events.

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Learn the industry’s standard requirements by reading job postings and noting the educational and technical qualifications. Make sure, too, that the industry is on an upward trajectory so that your effort will pay off. You don’t want to spend thousands of dollars, only to be told you’re now “overqualified.”

2. Learn the Lingo: Certificates, Certifications, and Degrees

But before you start those conversations, you may want to brush up on the lingo that defines today’s advanced education.

Figure out if you should pursue a certificate, a professional certification or a degree. A certificate is likely the easiest, lowest-cost option.

Certificates are generally awarded in non-degree granting programs. You take classes to bolster your knowledge on a particular subject. But make no mistake: adding this information to your resume will help you stand out. After all, you’re showing a commitment to lifelong learning!

By contrast, certifications qualify you to perform a particular job or task. Some technical and educational fields require professional certifications as a cost of entry.

Advanced degrees often require even more of a time commitment, but can help your earnings skyrocket. MBAs and MFAs are good examples.

An MBA (Masters of Business Administration) is often required if you plan on transferring to a financial field. An MFA (Masters of Fine Arts) allows writers to teach at accredited schools and colleges.

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If you can’t see yourself leaving your job for a few years to pursue these degrees, investigate Executive MBAs and other low-residency options. Maybe there’s a way to accumulate credits toward your degree while you hold down your job.

For those who want to supercharge your learning ability and pick up any skills faster, try the FREE Learning Fast Track Class offered by Lifehack. It’s a 20-minute intensive class called Spark Your Learning Genius, and will surely upgrade your learning skills right away. Find out more about the Fast Track Class here.

3. Tell Yourself: It’s Never Too Late to Learn

While further training is one lure to send you back to school at 30 or beyond, you might also decide that it’s important to finish a degree that you started, but for various reasons put on hold.

This was the case with Shaquille O’Neal, or “Shaq” as he’s widely known. He embarked on his 19-year NBA career having completed only three years at Louisiana State University. But he later earned his Bachelor’s in general studies, and went on to earn an MBA and then a PhD in education.

Steven Spielberg was also compelled to finish a degree he hadn’t completed. He dropped out of California State University, Long Beach, just a few credits short of earning his degree. More than three decades later, he finished his requirements, which included submitting his film, “Schindler’s List,” to satisfy a film course requirement.

It’s possible that, by age 30, you’ve discovered the career direction you pursued in your 20s is to no longer a field in which you ultimately want to remain. This happened with Carly Fiorina, CEO of Hewlett Packard and U.S. presidential candidate in 2016.[2]

She enrolled in law school after earning a history and philosophy undergraduate degree from Stanford. But after one semester, she dropped out and found employment at a commercial property brokerage firm. Ultimately, she wanted to explore other areas of business and went back to earn an MBA. It landed her a job at AT&T, where she was promoted within two years to a management position. The company sponsored Fiorina in a fellowship program at the Sloan School of Management at MIT that set her on her trajectory to become CEO of HP.

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Going back to school at 30 — or once adult life catches up with you — can prove challenging, especially if you’re juggling multiple obligations. For example, Mandy Ginsberg, CEO of Match Group North America, the parent company of Tinder and other online dating services, enrolled in one of the most challenging academic environments in the world as a single mother. The chaos of earning an MBA from University of Pennsylvania’s Wharton School of Business and raising a child at the same time proved doable by mobilizing a support team around her.[3]

And therefore, it’s never too late to learn and change your life.

4. Find Your Balance

Whether you’re taking a few skill-based classes or aiming for a full degree, often the most difficult aspect of going back to school when you’re 30 and over is finding the time.

Not only do you have the demands of staying on top of course work, but you also may likely have to balance them with the demands of your day job — and perhaps even a spouse and kids.

If you plan to go back to school at 30 or beyond, make sure you know precisely what you want out of your degree.

Do your research before choosing a school or program. Look up the school’s program rankings and make note of the program’s graduation rate and what types of jobs its graduates land. Write yourself a goals chart, and tack it on a bulletin board above your home computer. Studies show that writing down your goals is the best way to achieve them.

And what about online options? Online programs may be your best choice in terms of convenience and targeted degree options. But they sometimes lack the cachet of the in-person study programs.

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Before deciding to go the online route, make sure the school is reputable, accredited, and that students are offered the support they need. Look for reviews to give you a glimpse of student reactions to various programs.

If you can afford to take time off from your current job and return to campus, you may find it easier to foster new connections among professors and classmates who will hopefully all become an integral part of your business network.

As you investigate how to straddle the simultaneous demands of work and school, determine whether you can cut back to part-time work and go to school full-time. If so, you’ll finish your degree more quickly.

But, if you need to maintain a full-time job, find out in advance the minimum course load for enrollment. While part-time enrollment can make work more manageable, it may not allow you to be eligible for financial aid.

The Bottom Line

Ideally, your education should open doors to a career that will allow you to pay back any resulting student debt. Still, it’s important that you do the math to know whether it will pay in the long run to go back to school. Compare the cost of tuition and other fees with the revenue you’ll likely earn.

It’s a good idea to tell your coworkers and boss that you’re going back to school. This will show them that you have the drive to better yourself. When they know what you’re undertaking, they may be more understanding as you juggle your added responsibilities. Your employer might also be able to help out with paying some of the cost if the company has a tuition-reimbursement program.

Going back to school at 30 will show current and future employers that your brain is still active and your outlook is still expansive. At 30 — and beyond — there’s no reason not to pursue schooling that will pay dividends in the future.

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More About Lifelong Learning

Featured photo credit: Thought Catalog via unsplash.com

Reference

[1] National Center for Education Statistics: What are the new back to school statistics for 2018?
[2] Encyclopaedia Britannica: Carly Fiorina
[3] Wikipedia: Mandy Ginsberg

More by this author

Vicky Oliver

Author of 6 best-selling books on job-hunting and job interview questions, business etiquette, frugalista style, advertising, and office politics.

15 Smart Video Conferencing Etiquette Tips to Follow How to Get Promoted Fast (A Step-by-Step Guide) 8 Easy Steps To Finding A Career Right For You How to Make Going Back to School at 30 Possible Why You Are Never Too Old for College (And How To Make It Work)

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Last Updated on July 21, 2021

What Is SWOT Analysis? 5 Ways It Accelerates Your Self-Improvement

What Is SWOT Analysis? 5 Ways It Accelerates Your Self-Improvement
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If I told you that there was one activity that you could do frequently that would dramatically accelerate your rate of self-improvement, would you do it?

SWOT Analysis may very well be the solution to your problems of feeling lost, unproductive, worried about the future, and the general struggle that inevitably arises on the road to personal development. It is quick to carry out, reliable in terms of changing your perspective, and effective in getting you the results that you desire.

So what exactly is this SWOT Analysis? You will find everything you need to know about it below as well as how to do it and all of the amazing benefits that it will bring to your life.

What Is SWOT Analysis?

SWOT Analysis is a business term that has steadily made its way over into the world of personal development due to its effectiveness in getting things to improve — whether that be a company or, more recently, a person.

S.W.O.T. is an anagram that stands for Strengths, Weaknesses, Opportunities and Threats. When assessing these four key pillars in life, it gives a very good picture of which direction you should be heading in and even highlights some of the best ways to do it.

All in all, it is a great way to reflect on past actions and to decide on the best way to move forward.

How to Do a SWOT Analysis

Carrying out a SWOT Analysis is relatively simple. The best way is to take out a pen and paper and write down four columns: Strengths, Weaknesses, Opportunities, and Threats. From there, you can begin to fill out each one and apply it to whatever situation you find yourself in.

If you are considering expanding your enterprise, you might want to write down the current strengths and weaknesses of your business as well as the opportunities that you could possibly move into and the threats that you might need to minimize.

If you are an individual looking to improve yourself, you can carry out a SWOT Analysis either on the micro or macro level. A micro example would be focusing on one specific area of life. For example, you could write down your strengths, weaknesses, opportunities, and threats when it comes to dating, productivity, or changing your job.

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You can also take it to the macro level. You might simply write down your current strengths, weaknesses, opportunities, and threats across all areas of life — or simply the areas that you want to focus on for now.

SWOT Analysis is very easy to do and is excellent for the bigger picture stuff. Here is a rough template with a few questions across various areas of life that you can use for your own personal development purposes:

Strengths

What professional qualifications do I have that make me stand out from everybody else?

What do I exceed at where most people are either average or below average?

What achievements have I been awarded?

What struggles have I overcome in the past that give me hope for the future?

Weaknesses

Where do I fall short where others seem to excel?

What bad habits do I have?

What thoughts tend to hold me back?

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Opportunities

Is there any significant advancement happening or about to happen that I can take advantage of?

Is there a new position in a company that maximizes my skillset?

Is there a gap in the market that I could potentially fill?

Is there an opportunity that is low-risk (i.e. I can fail fast and decide if I want to keep pursuing it)?

Threats

What competition do I face in a certain area?

What is the most likely thing to throw me off course? Is it me?

If there was an economic downturn, would I be in a position to survive? Could I even turn it into an opportunity?

Benefits of SWOT Analysis for Self-Improvement

Now that you know what it is and how to do it, you may already start to see all of the benefits for your personal growth that can come from a SWOT Analysis. If you haven’t already started to think about how to use it in your own life, here are a few ideas to get you started.

1. It Gives You an Actionable Plan

One of the most obvious benefits of doing a SWOT Analysis is the fact that it gives you an actionable plan. It is rare for someone to actually sit down and write out their strengths and weaknesses as well as the opportunities and threats they are facing, so you will be getting well ahead.

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More importantly, taking the information from all four of these areas allows you to create an effective plan for yourself going forward — whether that be doubling down on your strengths, a plan to overcome your weaknesses, or how to leap at one of the opportunities in your life.

SWOT Analysis is designed specifically to drive actions and decisions — it is not simply a discussion exercise that you put to one side once you are finished with it.[1]

2. It Allows You to Zoom Out

Far too many people are so trapped within their day-to-day activities that they forget to see the big picture. Not being able to see the forest for the trees is one of the things that hold many people back from reaching their full potential.

SWOT Analysis allows you to take a moment of reflection, see the big picture, and then to make an informed decision about what your everyday tasks and activities are going to be, rather than the other way around.

It is important to be able to zoom out from time to time to make sure that you are on track with whatever your objectives are in each area of life. SWOT Analysis is the best way to do just that.

3. It Helps You Recognize New Aspects and Patterns

One of the unique things about SWOT Analysis is that it manages to combine different areas of your life and lets you see patterns, opportunities, and much more that you wouldn’t have otherwise seen.

An example would be the combination of your strengths and your opportunities. When you look at both of these side-by-side, you get a good idea about where the crossovers are, and, as a result, you get a clear picture of what opportunities are worth pursuing based on your strengths.

Another example would be looking at your strengths and threats next to one another. When you have a decent idea about what your strengths are in a certain situation, you can start to see how those strengths might come in handy when it comes to mitigating certain threats that you might face.

The truth is, any combination across SWOT Analysis creates a unique perspective that will be extremely useful for your own self-improvement.

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4. It Minimizes Risk

Branching out from the previous point, a SWOT Analysis is carried out to help minimize risk [2]. Although this is primarily a benefit from a company’s standpoint, it can also be helpful from an individual’s perspective as well.

On a personal level, risk can come in a variety of forms. It might be an imaginary risk that feels real, like asking your crush out or asking your boss for a raise. It might be an actual risk where you are thinking of expanding your business or entering a new market where you have little experience. Either way, seeing the threats you face as well as the strengths, weaknesses, and opportunities you have allows you to go down the path that minimizes risk and maximizes gain.

5. It Can Marks Stages of Your Path

An interesting way that companies use SWOT Analysis is that they carry it out every month or every quarter in order to reset and recalibrate their destination. It can be used in a similar way by you as well. Just like there are certain times when businesses use them, there are certain times when you should use them.[3]

Every month or every couple of months, take the time to do a SWOT Analysis to see how you are progressing. What strengths have been added? What weaknesses have been discovered? What opportunities have revealed themselves or been lost? What new threats are you facing and which have been removed from the picture?

Not only will carrying out a SWOT Analysis on a frequent basis accelerate your self-improvement by helping you see where you want to go with less distraction, but it is also nice to see how things change and, hopefully, get better.

It is also worth looking back at your SWOT Analysis from the start of the year when you reach the end of the year to see how far you have come.

To Wrap Up

So there you have it. SWOT Analysis might just be the tool and technique that you have been waiting for to truly take the next step in your self-improvement journey. It is practical, easy to carry out, and effective in terms of planning your next moves.

Whether you do it on a consistent basis to ensure that you are moving in the right direction or you only do it when you feel lost, SWOT Analysis will always be right there waiting to help.

Featured photo credit: Kyle Glenn via unsplash.com

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Reference

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