The closure of knowledge gaps was a primary reason I decided to go to attend business school. As a career changer, I knew it would be vital to build upon my previous M&A experience through the development of new skills. The typical lawyer is a strong analytical thinker, communicator, and negotiator—skills with financial accounting and identification of macroeconomic trends? Not so much.
Over the past week, patterns have been emerging. Market structure concepts first raised in Economics are now playing a role in the development of a business idea for my Entrepreneurship course. My case study analysis in Strategy has been bolstered by understanding efficiency ratios and cost structures discussed in Financial Accounting. Though only two months into the program, I already sense the narrowing of certain knowledge gaps. It has been immensely satisfying to connect the dots because I feel equipped with an entirely new toolset to address business problems.
In addition to this technical growth, I have also found greater personal satisfaction in consuming the news and thinking about international affairs. The ability to link news stories between industries and geographies is a result of the international diversity at IE. When class discussions touch upon election results in Germany, Saudi oil policies, or the aging workforce in Japan, such knowledge naturally provides a new lens to evaluate business developments.
When deciding whether to attend business school, it is easy to be swept up in worry over future job prospects and measurement of financial costs. The past week has been a reminder that self-improvement and the act of learning is always a sound investment.