- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Anyone here who has completed an MBA and then started with a new company
Posted on 10/27/11 at 10:20 am
Posted on 10/27/11 at 10:20 am
How common would it be for the company to offer to reimburse some costs of your MBA as part of their formal offer?
A)Common
B)Occasionally Happens
C)If they really like you
D)You're actually pointing at the screen and laughing at me as you read this post
ETA: I ask cause i just found out my companies crappy school reimbursement policy is even crappier than I thought.
A)Common
B)Occasionally Happens
C)If they really like you
D)You're actually pointing at the screen and laughing at me as you read this post
ETA: I ask cause i just found out my companies crappy school reimbursement policy is even crappier than I thought.
This post was edited on 10/27/11 at 10:22 am
5
Posted on 10/27/11 at 10:26 am to barry
I'd like to think that if you still haven't completed the course and have a year left or something, the new company would reimburse some of your fees for the remaining part of the program. However, if you have already completed the course and graduated, I don't think many companies would be willing to reimburse you for the MBA after the fact IMHO. I could be completely wrong though.
Posted on 10/27/11 at 10:40 am to barry
Normally the reimbursement comes in the form of a higher salary.
The MBA tuition is the cost of making yourself more educated and more marketable.
I couldn't imagine a company reimbursing you, unless you were already employed by said company before you earned your MBA.
ETA: D
The MBA tuition is the cost of making yourself more educated and more marketable.
I couldn't imagine a company reimbursing you, unless you were already employed by said company before you earned your MBA.
ETA: D
This post was edited on 10/27/11 at 10:41 am
Posted on 10/27/11 at 10:44 am to iAmBatman
quote:
Normally the reimbursement comes in the form of a higher salary.
Yea this is sort of what I'm banking on. Now that I know what our companies policy is it definitely changes my views on interview on outside companies when that time comes. Just makes me nervous to take on a loan of the size I would be getting.
I'll also talk to my boss, he made it sound like their is an official company policy and then "special considerations" could be made. I'm guessing they probably wouldn't want to put out there that they would reimburse anyone in the company 50-60 grand
This post was edited on 10/27/11 at 10:46 am
Posted on 10/27/11 at 10:57 am to barry
quote:
special considerations
If there is a discretionary factor involved then anything is possible, if they like you.
Where are you trying to get your MBA?
Posted on 10/27/11 at 1:15 pm to barry
quote:
ETA: I ask cause i just found out my companies crappy school reimbursement policy is even crappier than I thought.
My company gives 100% reimbursement of tuition for A's & B's, 75% for C's, nothing below that.
So basically you get your tuition - an interesting caveat is that student fees and extras such as iPad, airfare for visits, etc. are not covered.
And that can get pretty expensive with an MBA program.
Posted on 10/27/11 at 2:24 pm to iAmBatman
quote:
Where are you trying to get your MBA?
UT's executive program in Houston.
Posted on 10/27/11 at 2:26 pm to smelvis
quote:
My company gives 100% reimbursement of tuition for A's & B's, 75% for C's, nothing below that.
A's 100% B's 80% 60% C's
Here's the catch 5,000 max per year. Well the program is 2 years so thats only 10k.
Posted on 10/28/11 at 11:31 am to barry
quote:
A's 100% B's 80% 60% C's Here's the catch 5,000 max per year. Well the program is 2 years so thats only 10k.
you're going to have to suck it up....there is a slim chance you get a new employer to help out with your student loans....I'm not saying it's not possible..always try to negotiate things when getting a new offer, because if you don't get what you want when you sign, they will never give it to you
Posted on 10/28/11 at 11:36 am to dillpickleLSU
If you're going to get an MBA and not expecting to get a significant pay bump out of it one way or another, it might be worth re-thinking in the first place.
Posted on 10/28/11 at 12:11 pm to barry
quote:
Here's the catch 5,000 max per year. Well the program is 2 years so thats only 10k.
That is exactly how much my company offers. I overheard a conversation where someone said that there was a legal limit or something on how much a company can reimburse and that limit was $5k per year. Not sure if the policy changes if it is a public company (mine is). However there is a possibility that I could have heard it completely wrong.
Posted on 10/28/11 at 1:11 pm to rickgrimes
There's no way there's a law restricting that.
Posted on 10/28/11 at 1:15 pm to kfizzle85
quote:
There's no way there's a law restricting that.
tax credit limit?
Posted on 10/28/11 at 1:16 pm to C
You don't get a tax credit when someone gives you money. eta: If you're talking about an education deduction, there's definitely some limit on that, but its also got a really low threshold to begin with. Regardless, its not like they can't not pay for all of it, you'd just have to claim some of it as income.
This post was edited on 10/28/11 at 1:19 pm
Posted on 10/28/11 at 1:18 pm to kfizzle85
quote:
You don't get a tax credit when someone gives you money.
I was talking about the business taking credit for it.
quote:
employees who received tuition assistance from employers also receive a tax exemption up to $5,250 a year.
LINK
first thing that came up on a google search.
Posted on 10/28/11 at 1:20 pm to C
Ah. My point still stands though, its not like the law says "you cannot pay for this person's education past $5000."
Posted on 10/28/11 at 1:21 pm to kfizzle85
quote:
My point still stands though, its not like the law says "you cannot pay for this person's education past $5000."
of course.
Posted on 10/28/11 at 1:21 pm to C
Posted on 10/28/11 at 1:44 pm to kfizzle85
quote:
There's no way there's a law restricting that.
likely it's a tax reg that allows $5000 to be contributed without it being considered income
Posted on 10/28/11 at 2:10 pm to SlowFlowPro
Presume you stopped reading before you posted.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News