Getting Professionally Certified

Estimated reading time: 3 minutes



The climbing cost of education has pushed the need for young professionals to consider the return on investment of education.

Measuring the value of professional certification education, relative to costs is critical.

Professionals and fresh graduates need as much information as possible to make informed decisions about which programs to pursue for career growth.

Let’s see how you can successfully undertake this complex endeavor for your chosen path in finance.


Why bother with this?

Higher education returns focus on maximizing all possible benefits for students after gaining qualification.

The resultant data shines light on whether or not to choose the particular path in question for career advancement.

The numbers can be your compass when deciding on the right program to enroll in for higher earnings and job satisfaction.

Even so, you must approach this with knowledge of the complexity of looking at educational returns as a whole.

Returns from education can be non-financial as much as higher earning potential is your primary motivator. Further, your return won’t be a one-time thing.

It evolves over time and can thus be highly uncertain and hard to calculate with high-level precision.


The variables

Local and external economic conditions, your demographic background, and geographical location are just a few some of the critical factors that will affect the outcome from your studies.

The outcome can vary widely even between two professionals of the same educational background, skills, and experience.


An overview of the whole

A Return on Investment can be viewed as a value that measures the efficiency of your initial investment.

The formula for the calculation is given by:

ROI = (Current Value of Investment minus Cost of Investment) divided by Cost of Investment

That means then that your returns from an educational point of view can be viewed as:

(Lifetime earnings from Education minus Cost of education) divided by Cost of Education


What does this mean?

For many students and professionals, an investment in further education can yield a substantial economic return.


The cost of education

Although some program creators have grants and scholarships to make certain offerings affordable, the true cost can still be challenging to calculate.

The cost of education is more than just school fees.

Costs can extensively include time spent on the program and cost of commute and study materials, among others…including the cost of foregoing another path (or the ‘opportunity cost’).

Added to this- If a student does not complete the course, they may never realize the same earnings as those who do pass.

Also, some students may need extra professional help in exam preparation, which is a factor that can increase costs.


Potential earnings

In general, professional certifications can increase your earning potential by an average of 15% to 25% (depending on situations cited above).

Earnings vary extensively based on years of experience and location. In some top cities like New York, professionals can earn significantly higher than smaller cities.

Also, different types of degrees can produce returns earnings differently despite the certification. A bachelor degree recipient may have higher earnings compared to someone with an associate’s degree.

These factors underscore the complexities involved in calculating the true returns of education.


In the end

Just as with the value of any good certification, the resulting earnings will also depend on a student’s ability and passions.

And even when they enroll in the same program, students from different demographic backgrounds may get different returns.

Nevertheless, further education is always a worthwhile investment. Its value grows continuously over a lifetime. So, do yourself a favor and enroll in a good program today.


Thank you!

Thanks for reading! Check out the links below for even more:


Never stop learning,

The QuestionBank Family