Often times when I’m having conversation with my parents about my future and my career path, I find myself arguing with them. My parents strongly believe that higher education is a MUST in the field of business and MBA degree is the new Bachelor’s degree. Only having a Bachelor’s degree is not enough to stand out amongst other thousands of applicants and I would have much better chance of getting a successful job with an MBA degree. To a certain extent, I understand what they are telling me and believe that they have a valid argument, however, I see much more value in investing my time into getting an experience in the actual career field. Going through graduate school feels like a great waste of time that could be spent on getting an experience that will help me in real life. I believe that through experience, I can learn the things that matters in order to do my daily tasks such as getting comfortable with the office software, how to handle unexpected situations and many other specific things that can’t be learned from textbooks. In economics, there is a very simple yet very effective, self-explanatory approach to making a tough decision called Cost-Benefit Analysis. Using this method, it is clear to me that going through grad school has a high cost (tuition and time) with benefit (employment) that is not guaranteed.