Companies that pay for Grad school
Hi All,
I am curious if it is common for any of the investment banks to pay for Grad school? I would like to get my MBA but I obviously would rather a company help me with it than take on all those school loans.
Thank you
I believe citi and JP help cover a % of tuition.
bump...anybody ever negotiate reimbursement for a class or two in lieu of a higher base salary? Assuming a class or two equates to about $4-6K (for convo sake) I would be interested to see if any one has had traction with that angle.
I haven't heard of this, but have heard of companies reimbursing for classes depending on whether they are applicable to the position someone is in / wants to be in and a particular grade level. I would be leary of negotiating for reimbursement in lieu of salary increase just because next year you'll still be at that same salary level as opposed to $4-6k higher. I'd much rather take the salary increase and come out of pocket for the class if it came down to it
I've negotiated it as part of my sign-on bonus. Just make sure you quote grossed up figures. In my case, there was I believe a year waiting period before qualifying for tuition reimbursement. Since I would have been done with grad school by then I had it bundled into the sign-on.
Across four FT jobs I've had, sign-on bonus is some of the easiest money to obtain from an employer and to negotiate. Whereas I generally have gotten about ~70% of the salary increase I request, sign-on is 100%.
My bank pays for a % of my MBA tuition (flex program) and I know a lot of large banks or institutions do as well. You typically have to have been there for a year (or more) and they like you to stay on for a couple years after too.
Vel iure voluptatem voluptas delectus ipsum illo eos. Repellat ducimus sint enim error molestiae. Dolorem ea ut qui id.
Iusto earum molestias dolores est. Labore dolorem modi molestiae maiores cumque. Illo dicta quia reiciendis quia sed dolor iure. Excepturi voluptatem aut dignissimos voluptates unde libero quis tempora. Fuga officia quasi sit qui. Fuga dolorem perspiciatis non est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...