How to Get an MBA While Running a Business

April 27, 2022

Many people who work in business will have heard of the MBA; a well-respected and prestigious degree course that is designed to prepare graduates who are well-trained and highly-skilled managers and business professionals. If you want to get an MBA while running a business that will help you take your career in a certain direction, there are lots of different concentrations to choose from including international business, leadership and management, digital marketing, IT and more. For those who are currently running their own business, it may make sense to consider getting an MBA to help you be a more competitive business owner, get better results, or improve your profits. Having an MBA might also be a good way to improve your professional network and put yourself in with a better chance of finding investment opportunities or being accepted to borrow funds that you can use to take your business to the next level. Having an MBA as a business owner can also offer an extra layer of career security as if your business does not work out for any reason, you are sure to find companies around the world where your skills and knowledge are in high demand.

Get An MBA While Running a Business

Is an MBA Right for You?

Before you head to Aston University to get an online MBA in UK, it’s worth spending some time considering if this qualification is the right choice for you. There are certainly lots of benefits of having an MBA and many ways in which it can boost your business career now and in the future. However, it is important to remember that an MBA might not always be the right choice for everybody. Weigh up the pros and cons and be realistic about the amount of time that you have to pursue and complete your MBA. If you are very busy with running your own business, you might simply not have the hours in the day to study successfully right now. Along with that, an MBA can be quite expensive, so it might be worth looking into any alternative, cheaper options that can help you get the results you need.

Get Your MBA Online

As a business owner, you will usually need to work full-time and running your own business can be more intense than most employed positions, with long hours and no chance of getting a break when things need to be done. Because of this, it is important to make sure that you choose an MBA course that is designed to be flexible enough to fit around your business commitments. These days, the good news is that the online MBA is becoming more and more popular and there are many courses on offer that you can be in control of, choosing when and where you want to study so that your business can still come first without letting your education slip. With an online MBA degree, you can study from home and at times that suit you best, making it easier than ever for you to fit studying around running your own company and any other commitments that you need to uphold.

Find Online Resources

If you decide to study online, then it is natural to worry about the fact that you may not have as many resources available to you in terms of learning, such as the campus library and other facilities that you would expect to be available at the university for traditional classroom students. However, the good news is that as online degree courses become more popular, the number of resources that you can access online is also on the rise. Most good online universities will offer an online library facility where you can easily find the textbooks that you need and either borrow or purchase them as eBooks or have them delivered to your home. Before you start your course, it is also worth checking out any online networking resources that are going to be available to you through the university such as online chat rooms, video conferencing, and even social media groups that can make building your professional network easier even when you are studying from the comfort of your home.

Delegate Business Tasks

For many business owners, the main goal with getting an online MBA is to become a better business owner – and this can often start with the steps that you take right at the beginning. Despite being programmes that offer extra flexibility and the ability to study from home or the office, you are probably going to find that getting your MBA while studying is not going to be an easy task, and you will need to figure out which business tasks you can delegate to others to free up time so that you can get things done and avoid getting burned out. No matter what kind of business you run, it might be the ideal time to think about delegating as many tasks as possible to others whether you have trusted employees that can take over certain aspects of running your business on your behalf or plan to work with freelancers and other companies that you can outsource the work to.

Put a Study Schedule Together

While you run your own business and get an MBA at the same time, it is important to have a study schedule that you can stick to in order to get the best results and make sure that you are not falling behind. Coming up with free time to study is not always easy for business owners which is why it is so important to figure out which tasks you can delegate. While somebody else is looking after things like social media management or customer service for you, you can find the time to focus on getting your MBA instead. Consider whether studying from your home or your business premises, if you have one, is going to be the best choice for you, and think about when you are more likely to be focused.

Getting an MBA while running a business can be the best move for owners looking to take their company further. But before you start, it’s important to be aware of all the work involved and make sure that you are fully prepared for it.