Academic procrastination is seen to be quite common among undergraduates and time management is thought to be one of the possible reasons of it. Two surveys, academic procrastination and time management, were given to 332 undergraduate students in this correlational research. Students' academic procrastination is explained through frequencies and percentages and a correlation is questioned between academic procrastination and time management. Regression analysis is used to find out if time management predicts academic procrastination in a statistically significant way. Besides, students' level of time management (low, medium, high) is examined and covariance analysis has been carried out to see if time management level and gender, time management level and housing type (private or state dormitory or house), time management level and their major and time management level and where they live have a common effect on academic procrastination. Results indicate that students are generally indecisive about their behaviors of procrastination in academic tasks and are in middle level in terms of time management skills. There is a moderate level, negative sided and statistically significant correlation between academic procrastination and time management. Not a common effect of mentioned above variables is seen.