7 Tips for Students Starting Their MBA from AIB Graduates

7 Tips for Students Starting Their MBA from AIB Graduates

At AIB, we aim to maintain long-lasting relationships with our alumni following the completion of their studies. As a result, AIB graduates often take to our social communities to share their MBA experience, and to offer practical advice for future students. The MBA journey doesn’t finish when you graduate from AIB, as our community take the opportunity to share their advice or network at alumni at events. We have collated this valuable wisdom from our graduates, with their top 7 tips explained below.

1. Develop a routine you can stick to

Making the commitment to complete an MBA certainly requires time, but more importantly, it requires effective time management. MBA graduates recommend that new students plan when they will fit their study into their weekly schedule to ensure they can effectively learn the subject content, apply it and prepare for assessments. A routine regularly recommended for full-time workers is to allocate up to 2 hours each weekday and 1 day of the weekend to their MBA studies. However, it is essential that the study routine is realistic and suited to the student’s lifestyle, so that goals will be achievable.

2. Maintain a balance between work, study and life

While studying an MBA will keep you busy, it certainly doesn’t mean that important time with family and friends should be sacrificed. AIB graduates advise that maintaining a balance between work, study, family, social activities and regular exercise can be essential to keeping motivated and refreshed throughout the MBA. This is why, as mentioned in tip 1, effective time management, open communication and a realistic study routine are important.

3. Connect with fellow students

For students who study their MBA via online learning, connecting with others on the same journey can be extremely beneficial to their learning experience. Graduates recommend using AIB resources such as the online forum to share and contribute to discussions, as well as joining the many student-run social media support groups. For those who value from meeting and learning in groups, finding students from your city and creating a study group is a great way to motivate each other, solidify knowledge and share practical experiences.

4. Reward yourself for small achievements

Celebrate every achievement, especially those you worked particularly hard for. Reward yourself when you submit an assignment, complete a subject, or receive a surprisingly good grade. Also ensure you take time to reflect and reward yourself when you complete each stage of the MBA, including the Graduate Certificate, which is awarded after 4 subjects, and Graduate Diploma, which is awarded following the completion of 8 subjects. At these critical points, you will know you are well on your way to completing the MBA.

5. Prepare for long writing periods

For those who have not studied in several years, preparing for hand-written exams can be a daunting task. AIB graduates recommend preparing for these extended writing periods by getting into the habit of note taking by hand while studying, rather than typing up notes.

6. Use colleagues and friends to gain further insight

While studying the MBA, colleagues can provide valuable insight into particular areas that align with the subjects studied throughout the programme. AIB students readily encourage planning meetings with department heads in their organisation, such as the Marketing, Finance and HR Directors, who can share practical insight to supplement theory from the MBA.

7. Apply your learnings at work as frequently as possible

A recommendation regularly shared by AIB graduates is to apply the theory learnt throughout the MBA in the workplace, both as it is being learnt and following the MBA. AIB’s Work-Applied Learning methodology enables the linking of theory to practice, offering students immediate professional benefit.

For example, many AIB students have used their studies to guide them in creating business plans for their own business or succession plans for their employer. Others practice their new vocabulary and understanding of business issues in meetings or suggest improvements to processes in their organisation based on the findings from their research project, which is completed at the end of the course.

What do you think?

Are you an MBA student or graduate? We’d love to hear the advice you would share with new students at the beginning of their journey. Comment below to share your experience.

This article was written by Megan Baker on behalf of the Australian Institute of Business from AIB reviews and interviews. The very best has been done to accurately reflect the thoughts and opinions of the participants. 

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