The 37-year-old media mogul recently admitted that she's using her free time to the best of her ability by attending Harvard Business School.
PEOPLE reports that the star, whose eponymous talk show ended its run last year, has been attending Harvard's three-part, nine-week Owner/President Management Program since 2010.
Banks, who founded women's empowerment non-profit TZONE in 1999, says of her decision to pursue an education, "In order for my company to grow and be the best, and to reach these women, and to serve them, I needed the best. So I went to the best."
Banks, who had planned to attend LA's Loyola Marymount University before she began modeling, says that this dream has been a long time in the making.
"The day that I put college on hold because I got discovered to go to Paris and try this whole modeling thing ... was one of the most difficult decisions of my entire life."
In addition to the world-class education, Banks is getting another valuable perk: the ability to silence her detractors.
"When people have low expectations, you're just constantly going, 'Ta-da!' And they're like, 'Wow,'" she says.
In other news, Kanye Wests's reps confirmed the rapper will not be getting a masters in fashion from Central Saint Martins College.
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