Who will pay for an MBA?

Discussion in 'Business, Careers & Education' started by blank, Dec 4, 2012.

  1. blank

    blank Senior member

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    What kinds of companies still sponsor an MBA, or offer more significant funding than the standard corporate educational allowance?
     


  2. Joffrey

    Joffrey Senior member

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    Dunno about outright paying for you to go to Business school but many companies advertize some form of tuition reimbursement.
     


  3. Pennglock

    Pennglock Senior member

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    Nobody worth working for.
     


  4. dragon8

    dragon8 Senior member

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    Alot of companies do (if they like you) but you may have to work for them for a period of time after.
     


  5. otc

    otc Senior member

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    A lot of companies will pay for part time studies.

    Some will pay for all of it, others only part. I have some friends who had companies that reimbursed based on your grade. 100% for an A, 75% for a B, and 50% for a C. They also won't necessarily pay for every class. Technically they were paying for continuing education and not an MBA so they would pay for classes related to work but would not reimburse certain classes that were required for an MBA but had nothing to do with their core business (like marketing classes).

    Still, with decent grades, you get paid for 50-75% of it, all while getting paid your normal salary too.

    I kind of wish my company did it. I'd jump all over it even though I am not sure I would want an MBA if I were paying for it 100% myself...although taking classes while working for 2.5 years straight would be rough.

    Edit: and I know the Federal Reserve would pay for 100% of a part time masters (including MBAs) back when I was an intern there. Of course with part time degrees you are often limited to what is nearby...so good if you work in NYC or Chicago and can go to a good b-school. Bad if you work in a city without a good b-school.
     
    Last edited: Dec 6, 2012


  6. imschatz

    imschatz Senior member

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    Government Run Tele-Comm I used to work for paid for MBA's. You'd have to work (2-5 years depending) for them afterwards.

    Private Electric Utility I work for now won't pay anything. They have sent some of their highest management (CEO, CFO, some EVP's, etc). to the Advanced Management Program at Harvard.
     
    Last edited: Dec 6, 2012


  7. javiator

    javiator New Member

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    Some universities will provide graduate research assistantships for MBA students, covering tuition, health insurance, and stipend. Besides your MBA curriculum, you'd have duties related to a professor's work or a program within the Business school.
     


  8. Saturdays

    Saturdays Senior member

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    Most companies will pay for an MBA. You just need to prove your worth to them. Although most companies pay for an 'Executive MBA' rather than a Full Time one that you are thinking of.
     


  9. ShoeShopperJ

    ShoeShopperJ Active Member

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    I worked for a property management company during business school, and they paid for all of my M.B.A., apartment, salary, and additional allowances. I was in a unique spot where my family owned multiple property management companies, and they wanted a younger person with management experience to run their vast apartment complex.

    It was excellent experience, and one of the best experiences of my life. As for me, the opportunity found me; I did not seek it out. In fact, I was studying for the LSAT to attend law school, and I attended law school after my M.B.A. program. My God, do I wish I would have taken my savings and freedom and debt-free life and not have attended law school.
     


  10. Saturdays

    Saturdays Senior member

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    Sounds like your family paid for it...nothing wrong with that though, if they can why not!
     
    Last edited: Dec 9, 2012


  11. ShoeShopperJ

    ShoeShopperJ Active Member

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    oh, no. The property management company I worked for paid for it. Ironically, my contract required that I hold or pursue an M.B.A. Sorry if that was not clear in my original post. My experience in real estate since a very young age from sweeping to moving to everything definitely helped me to land the job. I was always concerned that working for family businesses would hurt me, but it turned out that it helped me. When you work for family businesses, you are constantly working and doing everything.
     


  12. grit

    grit Senior member

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    Get a super high GMAT score and be an otherwise desirable candidate in general. Then the school will pay for it.
     


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