When Is It The Right Time To Start Your MBA?
Some times to answer a question, you have to ask yourself another question – for example, is there ever a right time to undertake a major commitment? Returning to study can be a daunting thought, but higher education institutes like the Australian Institute of Business (AIB) understand that students have careers, families and personal responsibilities, which may limit their study time. This is why AIB offers an accelerated Master of Business Administration (MBA) course over 12 months via distance learning to suit the lives of their students.
There are a few important factors that you should consider before you start your challenging but rewarding experience of undertaking an MBA.
Do I have enough time to study?
The most common concern a returning student will have is around how much time they will actually have to commit to their studies. We all know that every week changes and unavoidable situations occur unexpectedly, but if you discipline yourself and set allocated time to study this will allow you create a habit. Whether it is 30 minutes on the bus ride to and from work, or just after you eat dinner; it is important to allow viable study time in order to understand the subjects and content.
Why do I want a MBA?
Most people looking at undertaking a MBA are at the point in their career where they are looking to progress or challenge themselves. Successfully gaining an MBA qualification can benefit those seeking this outcome and more. AIB is ‘the practical business school’ and focuses on outcomes with it’s Work-Applied Learning approach, which allows students to combine and relate their everyday business lives immediately to what they are learning through their MBA. Essentially, what you learn in the course, you can apply directly to your work to enable you to attain your goals and ROI whilst you study. When deciding why you want to undertake a MBA, it is also important to consider who you are learning from in order to take full advantage of your investment. At AIB, the MBA is delivered by expert industry practitioners who are leaders in their field and reflect on their own experience to teach and educate their students.
Can I afford an MBA?
Committing to any type of study is an important decision that shouldn’t be taken lightly. We are faced with the new knowledge we will learn as well as the price it will cost us. Fortunately, higher education providers such as AIB are competitively lower in MBA course fees whilst delivering quality content as it is fully accredited within the Australian Qualifications Framework by TEQSA. If upfront finance is an issue, AIB also offers FEE-HELP, which is an Australian Government loan scheme that assists eligible Australian Citizens pay for part or all of their tuition fees.
There may never be ‘the’ right time to start your MBA, but you will never know until you try. Don’t be afraid to take the challenge because you never know where it might take you. In the famous words of Martin Luther King, Jr, “the ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.”
This article was written by Helen Choi on behalf of the Australian Institute of Business. All opinions are that of the writer and do not necessarily reflect the opinion of AIB.