It is undeniable that in today`s modern and competitive society, education is the key to success. To understand the essence of a field, one needs DEPTH of knowledge in that field. However, in order to understand the context in which the chosen field impacts society, one needs BREADTH of knowledge. It is argued that “wisdom” is the sum of deep understanding about a domain of knowledge and the breadth of appreciation of how the chosen domain relates to all other domains. Both, “depth” and “breadth” of knowledge are equally important for a competitive society.