Companies that pay for MBA
Does your company pay for the full sticker price of grad school? If not, what is its tuition assistance cap?
The big consulting firms (MBB, ATK, etc. ) pay full tuition for the MBA and expect you to work for 2 years after graduating. Some Investment banks also pay full tuition. None of the big tech firms do (they have an education reimbursement which might cover like 10-20k per year depending on the company)
The retention of high performers. Given salary increase caps, the employee may be paid lower than is paid than the market rate for an external hire w/ the same degree.
Generally not true. At the consulting firms, the returning employees get paid the same as others being hired into the same position. And they also get promoted quicker, as they are already good at their job
I was mostly referring to employees that go to part time programs i.e., Booth, Kellogg, and Wharton EMBA.
Any firm once you make it close to the top
What would it take for a company like google to pay for the mba ?
They changing their business model to depend on MBAs rather than engineers
Consulting companies and Investment Banks sell clients on how talented (or qualified) their employees are. And this is why an MBA from a top school is a badge of honor and a requirement. Google and many other tech companies sell Products - so what matters most is the usefulness and quality of the product, not what degrees the employees hold Source: I have an MBA, worked at Google and at McKinsey
^ Super impressive background
What benefits do companies get for paying for employees MBA tuition?