Will Ferrell was awarded an honorary doctorate from the University of South California on the weekend, and decided to dispense some wisdom in the process.

According to Ferrell, his honorary doctorate affords him the right to “perform minimally invasive surgery at any time or any place, even if people don’t want it”.

The comedy superstar actually graduated from USC in 1990 with a degree in Sports Information, a degree “so difficult, so arduous that they discontinued the major eight years after I left”.

Self-deprecating humour aside, Ferrell did have some serious advice for USC’s young graduates.

“Yes, I was afraid,” he said of his early days as a struggling comic. “You’re never not afraid. I’m still afraid. I was afraid to write this speech. And now, I’m just realising how many people are watching me right now, and it’s scary. Can you please look away while I deliver the rest of the speech? But my fear of failure never approached in magnitude my fear of ‘what if’. What if I never tried at all?”

Ferrell concluded by reassuring the graduates that, even if they didn’t know what they wanted to do with their lives yet, they had time to figure it out.

“To those of you graduates sitting out there who have a pretty good idea of what you’d like to do with your life, congratulations. For many of you who maybe don’t have it all figured out, it’s okay. That’s the same chair that I sat in. Enjoy the process of your search without succumbing to the pressure of the result. Trust your gut, keep throwing darts at the dartboard. Don’t listen to the critics and you will figure it out.”

And then he sang I Will Always Love You, because of course he did.

Watch the whole speech above!