No matter which business school you choose to attend, the Master of Business Administration (MBA) is a significant investment – both personally and financially. Throughout the degree, students are privy to a range of valuable opportunities, some of which you must pursue on your own accord. The well known phrase, ‘you only get out what you put in’ couldn’t be more true in this case – the more effort you invest in your studies, the more you are likely to benefit from the experience. If you’re interested in getting the most out of your MBA degree and ensuring that you graduate with the best possible knowledge, see the below points.
Take every networking opportunity you get
The MBA presents numerous opportunities for the building and maintaining of valuable business contacts. As a distance learning student, this includes a unique virtual element as you interact with fellow students online, both locally and internationally. At AIB, this also includes the Alumni network, which enjoys a number of networking events held Australia wide each year. The MBA is known for its diverse student base – students include everyone from international CEOs, to startup founders and those looking to launch a career in business. As such, it makes for a diverse and dynamic networking experience across multiple industries and roles. To ensure you’re getting the most out of your MBA, put yourself forward for networking opportunities and don’t underestimate the power of a new contact.
Don’t waste your own time
For the majority of MBA students, the key motivations for undertaking the programme are for personal gain – whether this be in the form of career progression and an increase in salary, a career change or growth in knowledge. As such, you hold the key to your MBA experience, as you will determine the level of commitment you give to your goals throughout. If your priority is getting the most out of your MBA degree, you need to be extremely organised and manage your time effectively. Good planning will ensure that you effectively prioritise tasks and leave sufficient time to learn as much as possible from your study materials. If you are always rushing to meet the deadline, you won’t process the information as well and will only do the bare minimum to pass. When making such a significant commitment, it’s important to put in one hundred percent and not waste your own efforts by giving anything less.
Challenge yourself to think outside the box
Getting the most out of your MBA degree not only refers to your level of effort, but also your attitude along the way. This point comes back to what you would like to achieve through the programme and the level of personal growth you’re aspiring to. Throughout the MBA, the learning materials will prompt you to think innovatively and challenge your own views. When tackling assignments, it’s important to be open to new ideas and new ways of approaching tasks – even if they go against what you believe is the right way to do things. This allows you to learn new perspectives and diversify your decision-making processes. When considering a specialisation or electives, ask yourself, will this challenge me to think outside the box?
What do you think?
I’d love to hear from MBAs and current candidates who can share advice for those at the beginning of their journey on how to get the most out of the MBA experience. Please comment your experiences below to join the conversation.
Have you considered how the MBA experience can change your life? Find out more about The Agile MBA today.
This article was written by Laura Hutton on behalf of the Australian Institute of Business. All opinions are that of the writer and do not necessarily reflect the opinion of AIB.