Opinion

Why you are never too old to go to business college

By
By
Professor Fawad Inam

For decades, many people have viewed the opportunity to go into higher education at an older age as either unnecessary or too daunting. However, embracing business education at any age can offer profound benefits; personally, professionally and to the wider community. Here’s why you’re never too old to go to business college.

The importance of lifelong learning

In a rapidly changing job market for everyone, committing to lifelong learning has become more important than ever. With new technologies, the widespread adoption of AI and evolving industries, it has become essential for older adults to refresh their existing skills and acquire new ones that meet the demands of today’s dynamic business environment.

Business college provides a structured environment where learners can develop their knowledge of the latest trends in management, marketing, finance and technology. Developing this knowledge is crucial for staying competitive and can open doors to new opportunities, whether it’s a promotion, a career change or starting your own enterprise.

Bring your experience

Mature students bring a great asset and advantage to business students which younger students may need help with, a wealth of experience. Older students often have spent years in various roles across industries which equips these students with practical insights which can’t be taught in a classroom. This experience provides a solid foundation for further education and can help mature students put their learning into context, applying theoretical concepts more effectively. Mature students can bring their informed perspectives to discussions, enriching the learning experience for themselves and their peers. This exchange of knowledge can be incredibly beneficial, fostering a collaborative learning environment which benefits everyone.

Make New Connections

Business education is not just about acquiring knowledge; it’s also about building networks and making new connections. Mature students may already have the benefit of having existing professional contacts, but business colleges provide an opportunity to expand these networks further. Engaging with classmates, professors and industry professionals can lead to new collaborations, mentorship opportunities and career advancements.

Moreover, the diverse backgrounds of fellow students of all ages can offer fresh perspectives and ideas, leading to innovative solutions and strategies. Networking within a business school creates opportunities for personal and professional growth, leveraging connections which can significantly impact your career trajectory or enterprise skills.

Resilience Development

Attending business school as a mature student is another great way to develop resilience, as older students can overcome the fear of being out of place. Overcoming the initial struggles of getting back into education, improving under-developed skills and learning new ones can make you more resilient - essential for a career in business or setting up your own enterprise. Pursuing business education later in life can lead to immense personal fulfilment. The sense of achievement that comes from mastering new skills and expanding your knowledge base is invaluable. It can boost your confidence, enrich your life, and inspire those around you.

Financial Considerations

It can be common for mature students to have financial concerns about attending business school at an older age, these concerns are valid but it’s also important to view this education as an investment. The return on investment of a business education can be substantial, with your new skills and knowledge either giving you a new job, the tools to start your own successful business or increase your earning potential. Many roots to higher education are available whether that be through scholarships and bursaries, student loans or payment plans. For example, at Oxford Business College we offer a bursary for students from a lower-income background and a scholarship programme designed for students who are high achievers in the field of academics, sports or vocational activities.

Embrace the Opportunity

In conclusion, the pursuit of business education should not be constrained by age. The skills, knowledge, and networks you gain from attending business college are timeless assets that can enhance your career and personal life in several ways. Whether you’re looking to stay competitive in your current field, transition to a new industry, or embark on an entrepreneurial journey, business education can provide the tools and confidence you need to succeed. So, if you’ve been contemplating a return to education, don’t let age be a deterrent. Embrace the opportunity to learn, grow, and transform your future. After all, you’re never too old to invest in yourself and your aspirations.

About Oxford Business College

Committed to helping people shape their futures, Oxford Business College has become the fastest-growing Private Higher Education College in the UK. Known for high academic standards and highly qualified staff, the College has 8000+ students from diverse backgrounds, orientations, and cultures.

The college has expanded from one campus in Oxford to four cities, numerous campuses and partnerships with multiple UK universities including the University of West London, Ravensbourne University London and Buckinghamshire New University.

In 2022, OBC became the first independent business school in the UK to be a member of the Chartered Association of Business Schools (CABS).

Written by
June 14, 2024
Written by
Professor Fawad Inam