When is the best time to study for an MBA?

Posted by MMU on 09-May-2016 11:43:16

An MBA is a big commitment. There’s no doubt that it will have a positive impact on your business career, and we all know that you will go further with a little hard work and sacrifice along the way.

Knowing this, you may be wondering whether now is the right time for you to start an MBA. If you’re unsure, try asking yourself the four key questions below. Your instinctive answers will reveal all you need to know to make the right decision for you.

Are you happy in your professional life?

One of the most common reasons people pursue an MBA is to further their career. If you feel that an MBA could provide the stepping stone you need to progress, it’s likely to be quite high on your list of priorities.

You don’t necessarily need to be unhappy in your job. At Manchester Met, you can complete the course alongside your regular work commitments, so an MBA can be something that you talk about with your employer first and map out a career plan that will keep you motivated.

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However, if you feel that your career is stagnating, or you don’t feel your current role is pushing you enough, an MBA could be just what you need to turn things around.

Whatever your reasons, an MBA is proven to help advance careers, so it’s a great way to help you accomplish that goal.

Do you have enough experience?

We’ve talked about the MBA being a stepping stone, and this is to show that it forms part of a journey. Many people who enrol in our MBA programme have already travelled quite a long way.

At Manchester Met, our courses are aimed at professionals and will presuppose a certain amount of basic business knowledge. Remember, an MBA is a further education course, so if your business career is still in its infancy, it might be worth getting a little more experience under your belt before going back to university.

That said, everyone is different. If you feel ready, who are we to discourage you?

How will an MBA affect your personal life?

This is a very important question, as the choice to do an MBA does not just affect you. If you have a family, think about whether you will be able to balance studying with giving partners and children the attention they deserve.

This can be especially tough if you stay in work whilst doing an MBA, as that leaves you with three things to juggle. Think carefully about whether you can see yourself doing this for the next two and a half years.

Talk about it with your family and friends. It’s likely that they will be very supportive of your ambitions. If they are fully aware of how much attention you will need to give your MBA in order to succeed, this can help avoid them feeling neglected further down the line.

It will also help you to plan time for family and friends wherever possible during your course. In addition to spending quality time with them, it’s also beneficial for you to switch off occasionally to avoid burning out or becoming overly stressed.

Finding the balance is something that every MBA graduate has had to achieve, so it is by no means an insurmountable task.

What does the future hold?

You know how long your chosen course will last. At Manchester Met, it can be anything from 18 to 36 months, depending on the course you choose.

While you can’t predict the future, there may be things on the horizon that you already know about, which could potentially make it difficult to concentrate on your studies.

For example, if you are currently looking to change jobs or chase a promotion opportunity, this is likely to take up a lot of your time. Similarly, if you have plans to start a family, throwing an MBA into the mix as well might leave you with too much on your plate.

While you can plan around all these things to minimise distractions and give your MBA the focus it needs, remember that there will never be a ‘perfect’ time to enrol. Life will always find some way to to distract you, so if you’re determined to do an MBA, then you might feel it best to get the ball rolling now.

Decided the time is right? Here’s what to do next

If you’ve considered all the above options and decided that the time is right to get started with your MBA, you have plenty of options at Manchester Met. In addition to our general MBA, we also have courses aimed at people specialising in digital management, finance and healthcare.

If you’re interested, start your application process today and begin your MBA journey with Manchester Met.


 

Topics: MBA