Balancing a full-time job with an online MBA might sound like an impossible juggling act, but trust us, it’s doable! With the right strategies, you can excel in your studies without falling behind at work or sacrificing your personal life.
The key? Smart time management, solid routines, and a few productivity hacks to keep you on track. Whether you’re just starting your MBA journey or struggling to keep up, this ultimate guide will walk you through how to manage your workload, stay motivated, and make the most of your degree, all while keeping your sanity intact.
Ready to master the art of work-study balance? Let’s dive in!
Designing Your MBA Study Plan
Assessing Your Weekly Schedule
The key to balancing your MBA with your work is to start by mapping out your current time commitments. Track how you spend each hour for a full week to identify any free time that can be converted to study sessions.
It’s a good idea to be honest with yourself about your energy levels throughout the day. Are you a morning person who can study effectively at 5 AM? Or do you function better with evening review sessions after dinner?
Don’t forget to account for any commute time, which can become valuable study opportunities through audio lectures or flashcard apps. Many successful working MBA students make the most of their lunch breaks for quick 30-minute study sprints.
Creating a Realistic Timetable
When you create your timetable, try to draft your study schedule in two-week blocks rather than trying to plan the entire semester at once. This allows you to adjust based on your actual progress and account for any unexpected work demands.
Depending on the online MBA you choose, you should expect to aim for 15-20 hours of weekly study time, which can be broken down into manageable chunks of 1-2 hours. Remember that being consistent is always better than cramming in long, marathon sessions. Short, daily 90-minute focused study will be more beneficial to you than a single 10-hour weekend cram session.
A good approach is to try the “2+2+1” approach:
- 2 x weeknight study sessions (2 hours each)
- 2 x weekend sessions (3-4 hours each)
- 1 x flexible “catch-up” block
Alongside this, include some buffer time in your schedule for unexpected work emergencies or personal obligations. This will prevent your work from building up should something occur that needs more of your attention.
Online Resources and Support
Doing an online MBA is difficult and time-consuming, but there are resources and support systems out there to help reduce some of the stress that you might face.
Make the most of the digital tools that are provided by your online MBA program. Most platforms offer mobile apps that sync your progress across devices which is perfect for studying during unexpected downtime. Other digital tools like Trello or Asana can help you track assignments and deadlines. Consider creating separate workspaces for different courses to stay organized.
If possible, form virtual study groups with classmates who are in similar time zones and work situations. Meeting weekly via video conference creates accountability and can be useful for providing different perspectives on complex topics.
Just as you would with an in-person MBA, be sure to take advantage of your professor’s office hours, even if they’re virtual. Many online MBA instructors offer flexible scheduling specifically for working students, including early morning or evening slots.
Making the Most of Online MBA Advantages
Networking and Mentorship Online
Don’t buy into the myth that online programs lack networking opportunities. Many online MBA programs, such as the Quantic MBA, offer online and in-person networking events to connect you with other students, alumni, and employers from across the globe. The opportunities are simply different, and often times more accessible to the majority of students.
Some of the key networking channels that you should try to engage with include:
- Program Slack channels and forums
- LinkedIn groups for your specific MBA program
- Virtual networking events and webinars
- Breakout rooms during synchronous sessions
Seek out mentorship from professors during virtual office hours. Most are industry veterans with connections they’re willing to share. A quick 15-minute Zoom chat can open doors you didn’t know existed.
Don’t overlook any Alumni networks that your online MBA provides. Many schools pair current students with graduates in your target industry or role to give you an insight into life after completing an online MBA.
Exploring MBA Specializations
Online MBAs often offer more specialization options than campus programs. This flexibility lets you tailor your degree to your career goals.
Popular specializations include:
- Finance: Ideal if you’re eyeing roles in investment banking or corporate finance
- Marketing: Perfect for brand managers or digital marketing specialists
- Information Technology: Great for tech professionals looking to move into leadership
- Entrepreneurship: Built for startup founders or intrapreneurs
- Supply Chain Management: Increasingly valuable in our global economy
One of the perks of online programs is you can often “test drive” specializations by taking electives before fully committing. Many programs also let you create custom specializations by combining courses from different tracks.
International business components are increasingly common in online MBAs, with some programs offering virtual global immersions where you collaborate with students worldwide on real business challenges.