Will Ferrell took to the podium as the University of Southern California's commencement speaker on Friday -- and you better believe he did it in epic fashion. After the "Step Brothers" actor gave the Class of 2017 some words of wisdom, he ended his 25-minute speech by serenading them with Whitney Houston's "I Will Always Love You."
The actor peppered his speech with some hilarious jokes, like this one aimed at Donald Trump:
"I'm still waiting to get paid by Trump University. In fact, it turns out I owe Trump University money for the honor to speak at Trump University," Ferrell, 49, quipped.
Will Ferrell out and about
Will Ferrell out and about
Comedian Will Ferrell sings as he delivers the commencement address at the University of Southern California (USC) in Los Angeles, California, U.S., May 12, 2017. REUTERS/Patrick T. Fallon
Actor Will Ferrell and Viveca Paulin arrive for the state dinner in honor of the Nordic Summit at the White House in Washington, May 13, 2016. REUTERS/Mary F. Calvert
Actor Will Ferrell performs during the American Film Institute's (AFI) 44th Life Achievement Award honoring composer John Williams at Dolby theatre in Hollywood, California U.S., June 9, 2016. REUTERS/Mario Anzuoni
Actor Will Ferrell (L) and Viveca Paulin Ferrell pose at LACMA's 50th anniversary gala in Los Angeles, California, April 18, 2015. REUTERS/Danny Moloshok
Comedian Will Ferrell is presented with an honorary doctoral degree by USC President C. L. Max Nikias before delivering the commencement address at the University of Southern California (USC) in Los Angeles, California, U.S., May 12, 2017. REUTERS/Patrick T. Fallon
Actor Will Ferrell poses after his star was unveiled on the Hollywood Walk of Fame in Hollywood, Los Angeles, California March 24, 2015. REUTERS/Lucy Nicholson
Comedian Will Ferrell shakes hands with USC President C. L. Max Nikias after delivering the commencement address at the University of Southern California (USC) in Los Angeles, California, U.S., May 12, 2017. REUTERS/Patrick T. Fallon
Comedian Will Ferrell arrives for the GQ Men of the Year Awards at the Royal Opera House in London, Britain September 8, 2015. REUTERS/Suzanne Plunkett
Mar 12, 2015; Tempe, AZ, USA; Film actor Will Ferrell plays third base coach for the Chicago Cubs during a spring training game against the Los Angeles Angels at Tempe Diablo Stadium. Mandatory Credit: Matt Kartozian-USA TODAY Sports
WASHINGTON, DC - APRIL 29: Will Ferrell performs onstage during Full Frontal With Samantha Bee's Not The White House Correspondents' Dinner at DAR Constitution Hall on April 29, 2017 in Washington, DC. (Photo by Dimitrios Kambouris/Getty Images for TBS)
LONDON, ENGLAND - FEBRUARY 04: Actor Will Ferrell poses with Eden Hazard of Chelsea after the Premier League match between Chelsea and Arsenal at Stamford Bridge on February 4, 2017 in London, England. (Photo by Darren Walsh/Chelsea FC via Getty Images)
US actors John C. Reilly (R) and Will Ferrell (C) attend the English Premier League football match between Chelsea and Arsenal at Stamford Bridge in London on February 4, 2017. / AFP / Ian KINGTON / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. / (Photo credit should read IAN KINGTON/AFP/Getty Images)
LOS ANGELES, CA - MARCH 09: Actor Will Ferrell attends a game between the Los Angeles Kings and the Nashville Predators at STAPLES Center on March 09, 2017 in Los Angeles, California. (Photo by Juan Ocampo/NHLI via Getty Images)
LOS ANGELES, CA - APRIL 14: Actor Will Ferrell takes in batting practice before an MLB game between the Arizona Diamondbacks and the Los Angeles Dodgers on April 14, 2017, at Dodger Stadium in Los Angeles, CA. (Photo by Brian Rothmuller/Icon Sportswire via Getty Images)
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The actor graduated from the prestigious university in 1990, and he received a honorary doctorate ahead of Friday's ceremony. The prestigious honor is one that Will obviously takes very seriously:
"I've already instructed my wife and my children from this point they have to address me as Dr. Ferrell," Ferrell told the crowd. "There will be no exceptions, especially at our children's various school functions, and when opening Christmas presents."
All jokes aside, the comedian also managed to share some serious bits of advice, including what success means to him. Surprisingly, it has nothing to do with his super successful acting career:
"To me, my definition of success is my 16-and-a-half year marriage to my beautiful and talented wife, Vivica. Success are my three amazing sons ... no matter how cliche it may sound, you may never truly be successful until you learn to give beyond yourself. Empathy and kindness are the two signs of emotional intelligence."
But of course -- the moment everyone's waiting for -- his incredibly impressive serenade:
This was definitely a commencement speech to remember!