re: Anyone here who has completed an MBA and then started with a new company

yeah i actually read the rest of the thread after i posted and was too proud to go edit something funny into it

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employees who received tuition assistance from employers also receive a tax exemption up to $5,250 a year.

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Read the tuition reimbursement page on my employer's intranet page. That is exactly what it is. I just misheard.

The government does not let you deduct tuition for your Masters which pissed this coonass off very badly. The gas I burned driving to and from class I threw on my business and deducted it but that was about all I could write off. I knew people in my MBA classes that had their tuition paid for by an employer but nobody I knew ever switched jobs and asked for their new company to pick up the tab. I would imagine a new employer very seldomly picks up tuition expenses in the OT scenario.

D

Didn't happen to me....but I am making more than I did before, with way, way, way better hours.

Edit: Unless you count the sign on bonus....

I rather my company help me get into a top program than give me a few grand in reimbursement.

If I am spending 100k for an MBA...then I am not worried about an extra 5%

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Generally, sponsorships are a terrible idea. Those people who are sponsored basically have no leverage to negotiate salary for the term of their post-MBA commitment (most 2 years but some as many as 5).

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Right...but they also have 100k paid off over 2-3 years after the MBA. Unless they are seriously screwing you over in pay increase, then it works out in the person's favor.

I know we have brackets that we pay certain positions. Can't pay higher or lower than those brackets -- this limits the chance of being screwed over, even if you are at the lower end of the bracket.

50k a year in graduate school reimbursement would be fantastic. Spend 2 years getting it all paid off and then jump ship. (Although this defeats some of the purpose of an MBA).

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Most actually pay back the tuition in less than 2 years, so the dollars work out basically the same. The opportunities out of good b-schools are almost endless. I don't think the security blanket is worth limiting yourself to 1 option, but everyone has a different risk tolerance.

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I think it depends on the company you are currently working for, if you enjoy what you are doing, what your goals are LT, and how an MBA plays into those goals.

If someone is at MBB, then going back after an MBA probably wouldn't cause any harm -- few more years are senior manager level and then you have a company name to springboard into almost any profession.

So many factors but I think we are on the same page lsu711.