Whether you require a university degree from a reputed business school to do well in the entrepreneurial world is a query that has been long debated and argued upon. Although there are dozens of successful stories of some school dropouts, it is quite recommended that you have a university degree with you.
However if assessed carefully there can be many advantages of completing a course from a business school and it is not just the training that matters. The people you meet including the teachers, consultants, fellow entrepreneurs and classmates will be helpful when you get into the real world. The number of extra-curricular activities, competitions you will get to participate in will help you showcase your valuable ideas in front of the entire world.
Doesn’t matter what training or course you are enrolled in, the things taught there will eventually teach you a lot about entrepreneurship. Grad school prepares you for the real world. You can make any number of mistakes in there and learn from there so that you can avoid those mistakes when you are working on your startup. The facilities and infrastructure provided in the university help the students launch their startups while still in the educational period. As per study, 20% of the people who start their education in universities don’t manage to complete them. Angel investors, venture capitalists, mentors are there to help you while you are still in university and guide you through your problems.
Basically, it depends on the person whether he wishes to complete his education and then start his venture or he already has all the skills required to become successful and can skip the education part. Truly going to a grad school is much more than getting just a degree.