What's the return on investment on a study program?
April 18, 2019 | 2 min read
You’ve decided to enroll in a study program, but you still have plenty of questions: How can I convince my manager? Will I be able to combine my studies with a full-time job? How will I pay for the program? What will the return on investment (ROI) be for myself and my employer? Read on for answers to these and other frequently asked questions!
1. How can I convince my manager?
You’ve done your research and found a study program that’s a perfect match for your goals and ambitions. The next step is to convince your employer to grant you the time – and the funding – for your studies. When making your case, it’s important to focus on the potential benefits to your employer. Your arguments should emphasize how your studies will help your organization to grow and improve. We’ve laid out four arguments that can help you make a convincing case.
Read more about these arguments here
2. Will I be able to balance work, study, and my personal life?
Our participants tell us that studying alongside a full-time job can be demanding at times. Successfully combining work, personal life and studies requires good planning skills. It also depends on whether or not your employer is willing to make accommodations, such as by allowing you time to attend classes.
Our programs are highly practical in nature, which means you’ll be examining actual issues facing your organization. This gives you the opportunity to consider matters that you might not have time for during your workday. In this way, work and studies can actually go hand in hand.
Read about how alumnus Boy Sleddering managed to do it here
3. How will I pay for the program?
When it comes to paying for your TIAS study program, there are a number of different options. Your employer may agree to pay for all or part of your study program, or you can pay for it yourself. If you pay for the program yourself, you are entitled to a tax deduction. You can deduct your educational expenses when filing your income tax return. The Dutch authority on student finance, DUO (Dienst Uitvoering Onderwijs), also offers a “Lifelong Learning Credit” (LevenLangLerenKrediet) that can help you to pay for your studies.
4. What will the return on investment be for myself and my employer?
Studying at TIAS is not only an investment in yourself, but also in your organization. Our courses have a strong practical orientation, allowing you to put your newfound knowledge into practice immediately. Most of your assignments will be based on actual issues from your workplace. The analyses and solutions you come up with can be put into practice at once, boosting your organization’s efficiency and providing your employer with an immediate return on investment. You’ll also expand your theoretical framework, allowing you to look at matters from a broader perspective and ensuring you’re up to speed on the latest developments in your field. All of this will increase your impact within your team and the company as a whole.
5. Will a master’s degree improve my career prospects?
In many cases, a university degree can help improve your chances on the job market. It can also open up more positions within your current organization. Successfully completing a master’s program shows that you’re equipped to deal with high-level issues and responsibilities. In other words, a master’s degree will open doors and enable you to take your career to the next level.
6. How much contact will I have with other participants?
Will we be able to network? While studying at TIAS, you’ll be part of a group of like-minded professionals. Classes are highly interactive and many of your assignments will be done together in groups, allowing you to get to know your fellow participants. Thanks to our admission requirements, you’ll be surrounded by a talented group of people.
Your professional network will grow as you go along; networking has never been so easy! Our participants tell us that they find it interesting and refreshing to meet such a wide variety of professionals, some from their own fields and some working in very different areas. You’ll learn a great deal by listening to your fellow participants’ experiences. The diversity of our groups ensures that you’ll broaden your horizons. In addition, TIAS offers you access to TIAS connect: a vast alumni network that makes it easy to connect with other participants.