Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
The Importance of Education in the Modern World
Guest Post | Jun 8, 2021
It’s a frequent situation for contemporary graduates and adults to underestimate the vital meaning of education for them. It is trendy to think that one’s experience, creativity, ability to adjust to different situations and to communicate correctly give you much more chances to build a successful career than a diploma from a good college or university. That concept seems to be supported by multiple motivational gurus and examples of business influencers and truly rich people available online.
Let’s make it clear at once: those successful persons who quit colleges and still became insanely successful are rather exceptions that confirm rules. To fire the idea and hit the jackpot, you need to not only be extremely hard-working and read advanced writers reviews to find a paper service that would give you more time for your startup. Besides all that, you need to be lucky while obtaining a genuine concept.
A college or university diploma does not guarantee your career and life to be successful. That’s true. But the process of getting that diploma along with the fact of obtaining it after will surely increase your chances to become independent and able to live comfortably. Here below, you will find seven benefits that prove the importance of education.
Broader Outlook
While studying at schools, colleges, and universities, people learn how to understand the world around, and to find connections between different things, subjects, and disciplines. It’s not an accident that every student goes through a general learning programme along with the subjects special for their chosen field.
Consequently, you broaden your sightseeing step by step while going through every stage of education. In fact, you never know what knowledge will come in handy at a particular moment in your life. So, it is always better to have more knowledge than less of it in your head.
Brain Training
When speaking of educational processes after you graduate from middle school, nobody would argue that the progress of every student is based on their self-learning skills. Professors in high schools, colleges, and universities usually don’t digest the information about their subjects to feed students with the precooked knowledge meals. Instead, a good teacher shows valuable sources and, what’s more important, lets the student find out how to find the information on their own.
Then, the development of critical thinking and the ability to process big info volumes within the shortest time comes along. Creativity, critical approach, and the incoming data filtering capabilities are not individual talents that some people have while others don’t. Those are skills one can and must develop to become more competent and competitive in the modern world of rapid changes. Your brain can be treated as a muscle, and education is the way to train it correctly.
New Doors Open
No matter what people around you think or say, modern businesses still prefer recruiting well-educated candidates who can provide higher education diplomas as proof. The fact of college graduation alone gives you reasonable advantages when you start looking for your first full-time job. Think about it: a candidate with no experience but obtaining a degree looks better for a potential employer than the one with no experience and no diploma.
See: Fintech Fridays EP40: Why Bitcoin Exists and Education for the Masses
Things change even more when the school you graduate from is a respected and reputable establishment in your country or the world. Such a high-level education is the key to open many doors for your career and life that would stay locked otherwise. It would be a shortsighted decision not even to try getting that advantage.
Residence Possibilities
This is the aspect that many school graduates don’t know about or simply ignore. When you consider going abroad for studying purposes, the majority of contemporary governments surely want to motivate a qualified graduate to stay in their country. The fact that you obtain a diploma from their college or university is a factor making your residence and citizenship obtaining possibilities better than those of other people. Try not to forget to use that privilege if you want to continue developing your career and experience abroad.
Networking
A network of contacts is a critical component of careers for contemporary specialists. Of course, you can invest a lot of time and effort to build your effective network without graduating from a higher educational establishment. However, it is always easier and more exciting to start building it earlier in the environment naturally designed to create communities with common interests, don’t you think?
Practical Experience
The uprising popularity and increasing effectiveness of online education gave a second breath to those thinking that schools only waste your time and money. They say knowledge is available for free in 2021, so you can learn anything on your own if you put in enough effort.
See: Answered: 5 questions about forging a career in fintech
Still, there are fields that are impossible to study well without a lot of practice under the guidance of experienced experts. For example, medicine. Nobody says you have no chance to learn something well on a self-education basis, but colleges and universities are still able to offer a better quality of knowledge and practice on average.
Finding Your Own Way
The last but not least important point to mention here is that education is like basic training in a particular field. A student has more than enough time to understand whether they like their future profession or they’d prefer going in for something different. Educational establishments offer possibilities to get advanced knowledge and experience that can help you choose the life path that wouldn’t make you disappointed in the future.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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