Surviving this (or any) job market

You've made it through the layoffs; now it's time to invest in yourself.

1 of 5
Size up more schooling
Size up more schooling
Josh Moritz is the owner of Customer-Growth, an interactive ad agency.
Josh Moritz is 54 and a managing partner of an advertising agency in Westport, Conn. So why would he spend $50,000 to go back to school? To expand his intellectual horizons and learn new business technology. That impresses potential clients. "When people hear I'm doing an M.B.A., their ears perk up," says Moritz, who is attending Babson College part time. "It gives me an edge."

Grad school is one way to send the message that you're up to date. But it's not always a slam-dunk financial proposition. Part-time and exec M.B.A. programs can cost $20,000 to $100,000 or more - and the older you are, the less time you have to collect whatever salary increases the degree might bring.

To justify the cost, research what you'll get out of the program and how it applies to your career. Check job boards for the position you want and see what schooling is required. Also find out what education the hotshots in your field have. You may find that alternatives like short-term certificate courses make more sense.

Strategy: Find out the certifications and degrees that industry leaders have acquired. Then follow suit.
NEXT: Get networked - it pays
Last updated February 02 2009: 5:54 AM ET
More Galleries
Our biggest money highs and lows How much money do you need to feel rich? What are your biggest money mistakes? Money magazine surveyed 1,000 Americans for the answers to these and other questions. See how your answers stack up. More
How we feel about our finances Participants in an exclusive Money magazine survey reveal how they feel about their finances. Although the Great Recession may be over, they're not all that confident about their prospects for the long run. More
8 ways to cut your tax bill To keep your tax bill as low as possible this filing season, you need to stay on top of all the ways the rules have changed. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.