Balancing Act: Pursuing an Online MBA While Working Full Time

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08 Mar 2024

8 Min Read

The Taylor's Team (Editor)

IN THIS ARTICLE

In recent years, the appeal of pursuing an online Master of Business Administration (MBA) has significantly increased, marking a pivotal change in postgraduate business and management education. This shift, further highlighted by the global pandemic, reflects the growing preference for flexible study options among working professionals and international students eager to further their careers while maintaining professional progression. The convenience of earning an advanced degree from abroad or from the comfort of home, alongside the ability to tailor studies to individual schedules, has positioned online MBA programmes as highly desirable for those aspiring to leadership roles in business.

When Is the Right Time to Pursue an Online MBA Degree?

Deciding on the optimal moment to embark on MBA journey is a crucial step that requires careful consideration of one's professional landscape and personal aspirations. There isn't a one-size-fits-all answer, but several key indicators can guide prospective students in making this pivotal decision.

 

 

Career Progression

 

A crucial aspect to weigh up is the trajectory of your current career. Should you find yourself at a juncture where professional development has stalled—characterised by a lack of growth and scant opportunities for advancement—or if you are aspiring to step into a leadership position, an MBA can furnish you with the essential skills and knowledge required to uplift your career. Additionally, for individuals looking to pivot into a new industry or role, an MBA provides the fundamental business expertise and networking opportunities vital for a seamless and successful transition.

 

 

Professional Experience

 

Most reputable MBA programmes value the insights and diversity of experience that candidates bring to the cohort. Typically, having between three to five years of professional experience allows you to contribute meaningfully to class discussions and fully leverage the learning opportunities an MBA presents. This experience also enables you to contextualise academic concepts in real-world scenarios, enriching your and your classmates' learning experience.

 

 

Personal Commitments and Readiness

 

Pursuing an MBA, especially while working full-time, demands a significant investment of time, energy, and finances. Assessing your current personal commitments and readiness to undertake this challenge is essential. The right time might coincide with a period in your life when you have the support systems and financial stability to commit to your studies fully.

Student showing the report to the industry client

The Benefits of Pursuing an Online MBA Degree While Working

Recent insights from the Association to Advance Collegiate Schools of Business (AACSB) highlight a key driver behind the growing popularity of online business education programmes: their unparallelled flexibility. This flexibility allows students to tailor their study schedules around personal and professional commitments, ensuring that higher education in business and management remains accessible, even in the face of modern life's complexities. It supports students worldwide in achieving their career aspirations by accommodating diverse needs and schedules.

 

Engaging in an online MBA programme while maintaining a full-time job epitomises the concept of professional development and learning agility. This innovative approach to education provides a host of benefits, specifically designed for the ambitious, the aspiring, and the forward-thinking individuals aiming to advance their careers.

 

 

Enhanced Career Trajectories

 

Online MBA programmes provide working professionals with the tools to ascend the corporate ladder or pivot their career paths. The curriculum, enriched with contemporary business practices and leadership strategies, is designed to hone managerial skills that are immediately applicable in the workplace.

 

 

Flexibility and Accessibility

 

The hallmark of online education, flexibility allows students to tailor their study schedule around professional commitments. This adaptability ensures that pursuing higher education does not necessitate a career hiatus, enabling a seamless integration of learning and working.

 

 

Global Networking Opportunities

 

Online MBA programmes attract a diverse cohort of students from various geographical and professional backgrounds, offering a rich tapestry of networking opportunities. This virtual melting pot facilitates the exchange of ideas, cultural insights, and business acumen on a global scale.

Business leaders having discussion

Tips to Stay Work-Life Balanced While Pursuing Your Online MBA Degree

Balancing a full-time job with an online MBA requires meticulous planning and discipline. Here are some strategies to maintain equilibrium between work, study, and personal life:

 

 

Engage in Dialogue with Your Line-Manager or Supervisor

 

A pivotal step in harmonising your work and study commitments involves having an open and constructive dialogue with your line-manager or supervisor. This conversation is an opportunity to align on expectations and explore how the company can support your pursuit of an MBA. It's beneficial to approach this discussion with a clear plan, outlining how you intend to manage your responsibilities and suggesting practical ways in which your employer can assist. For example, this could involve requesting flexible working hours, the possibility of dedicating a portion of your workday to study, or even exploring company policies on educational support such as sponsorship or study leave.

 

Furthermore, regular check-ins with your supervisor throughout your MBA journey can help keep them updated on your progress and any adjustments that might need to be made to your work schedule or responsibilities. By proactively engaging with your line-manager or supervisor, you can work together to find mutually beneficial solutions that allow you to pursue your MBA without compromising your work performance, fostering a supportive and understanding workplace environment.

Leader having 1:1 with team

We had prepared some of the key questions that can be used as a conversation starter for your discussion with supervisor:

How can we align my work responsibilities with my MBA study schedule?


This question opens the discussion on adjusting your workload or deadlines around your study timetable, ensuring that both your work and academic commitments are manageable.

What flexible working arrangements are available that could support my MBA studies?


Asking about flexibility, such as hybrid/remote work options or adjusted work hours, can help you find a balance between your job and education, allowing for dedicated study time without compromising work performance.

What opportunities might arise from my MBA studies that could benefit our team or company?


This prompts a forward-looking discussion on how your newly acquired skills and knowledge could be applied in your current role or lead to new opportunities within the company, highlighting the mutual benefits of your educational advancement.

Prioritise and Plan

 

Following your discussion with your supervisor, prioritising and planning your commitments becomes your next pivotal step. Mastering time management is essential. Developing a feasible study plan that complements your professional responsibilities and personal life is crucial. To aid in this endeavour, digital tools and applications such as Google Calendar, Trello, and Notion  prove to be invaluable resources. Google Calendar, for example, enables you to visually arrange your study sessions around your work commitments and personal engagements, ensuring you never overlook a deadline. Meanwhile, Trello and Notion offer platforms to systematically organise your assignments and projects into manageable tasks, simplifying progress tracking and organisational efforts. These tools not only assist in maintaining a well-structured schedule but also facilitate a smoother integration of your academic pursuits with daily life.

 

 

Set Clear Boundaries

 

Establishing clear divisions between your work, study, and personal life is essential for maintaining balance. This involves transparent communication of your academic timetable to your supervisor to prevent any conflicts with overtime or work-related responsibilities. Likewise, it's important to discuss your study commitments with your family or partners to ensure you have designated quiet times for study. These methods promote an atmosphere of mutual respect and understanding, crucial for harmonising your educational endeavours with other aspects of your life.

 

 

Seek Integrated Support

 

Maximising the support structures available within your workplace as well as your educational institution is crucial for enhancing your MBA journey. On the academic front, this entails scheduling regular check-ins with your academic advisor through platforms like Zoom or Microsoft Teams , ensuring you remain on track with your coursework and any academic challenges. Furthermore, actively participating in study groups can provide a wealth of academic support, emotional encouragement, and motivational boosts, essential for navigating the demanding balance between work and study.

 

 

Focus On Well-Being

 

Prioritising self-care and relaxation is crucial for maintaining your well-being amidst the pressures of work and study. Incorporating activities such as mindfulness meditation, or scheduling regular physical exercise into your routine, can significantly improve your mental and physical health. Furthermore, ensuring you get enough sleep is critical for cognitive function and stress management, enabling you to perform optimally both at work and in your studies.

Young woman smiling while looking at the phone

Conclusion

Pursuing an online MBA while working full-time is a commendable ambition that demonstrates a commitment to personal and professional growth. With the right strategies and support, this balancing act not only becomes feasible but also immensely rewarding, offering a pathway to enhanced career prospects and a deeper understanding of global business dynamics. Embrace the challenge with determination and resilience, and the rewards will be manifold.

At Taylor's University, our AACSB-accredited, fully 100% online MBA programmes are tailored to facilitate a harmonious work-life balance, ensuring that you can find a pathway that not only meets your educational ambitions but also complements your full-time work commitments. We encourage you to schedule a consultation with us, where our educational counsellors will work closely with you to create a personalised educational plan that supports a balanced approach between your MBA studies and your professional life.

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