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Employer won't support MBA. Help?

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Employer won't support MBA. Help? [#permalink] New post 31 Aug 2013, 14:50
I have been working as an engineer with a fortune 500 company for 4-5 years since I graduated undergrad (also interned one summer). I had the full intention on pursuing an MBA and made aware to my manager that I was going to apply soon and would like some sort of tuition reimbursement. I made several arguments on why I needed an MBA (time in my career, looking for a lead/management position, develop business skills). My manager flat out refused to not grant me tuition reimbursement for my MBA, for reasons he wouldn't disclose. I am stuck in a predicament- do I finance my own MBA while working and allow my current employer to gain the benefits of my MBA skills or do I leave the company all together and pursue my MBA FT? Is it normal for fortune 500 employers to refuse MBA tuition assistance?
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Re: Employer won't support MBA. Help? [#permalink] New post 31 Aug 2013, 18:02
Expert's post
Sadly, I think the Great Recession doesn't favor many employer-benefits that previous years were able to benefit from.

A few questions:

1. Do you want to stay in your career/company? Or are you looking to switch careers/industries/companies?
2. What type of proposal did you make to your manager? Executive? Part-time? The difference in $$ is HUGE!
3. Have you obtained a copy of your current employer's official tuition reimbursement policy? Anything you might be missing that could impact your qualifications?

Thanks.

-Brian
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Intern
Intern
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Joined: 27 Dec 2012
Posts: 32
Concentration: General Management, Technology
Schools: HBS '15
GMAT Date: 09-21-2013
GPA: 3.51
WE: Engineering (Energy and Utilities)
Followers: 0

Kudos [?]: 0 [0], given: 1

Re: Employer won't support MBA. Help? [#permalink] New post 01 Sep 2013, 08:44
brianlange77 wrote:
Sadly, I think the Great Recession doesn't favor many employer-benefits that previous years were able to benefit from.

A few questions:

1. Do you want to stay in your career/company? Or are you looking to switch careers/industries/companies?
2. What type of proposal did you make to your manager? Executive? Part-time? The difference in $$ is HUGE!
3. Have you obtained a copy of your current employer's official tuition reimbursement policy? Anything you might be missing that could impact your qualifications?

Thanks.

-Brian


1.) I want to stay with the company, however, in terms of my career, I want to be able to get into a management position in the future. I love my industry and its challenges.
2.) Part Time
3.) I followed every requirement for the tuition reimbursement policy. I even committed to stay with the company 2 years after my MBA was complete.
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Re: Employer won't support MBA. Help? [#permalink] New post 25 Sep 2013, 18:40
Expert's post
This starts to stretch outside of MBA discussions a bit -- but, do you think you'll get promoted into management at your company w/o the MBA? If not, and they aren't going to pay for you to get your MBA -- I wonder if it isn't time to really ask yourself about your future at this particular company.

Just my $0.02.
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Re: Employer won't support MBA. Help? [#permalink] New post 25 Sep 2013, 20:22
Expert's post
chestud13 wrote:
I have been working as an engineer with a fortune 500 company for 4-5 years since I graduated undergrad (also interned one summer). I had the full intention on pursuing an MBA and made aware to my manager that I was going to apply soon and would like some sort of tuition reimbursement. I made several arguments on why I needed an MBA (time in my career, looking for a lead/management position, develop business skills). My manager flat out refused to not grant me tuition reimbursement for my MBA, for reasons he wouldn't disclose. I am stuck in a predicament- do I finance my own MBA while working and allow my current employer to gain the benefits of my MBA skills or do I leave the company all together and pursue my MBA FT? Is it normal for fortune 500 employers to refuse MBA tuition assistance?



Many companies have poor tuition reimbursement programs when it gets to MBA. If you company does/did then you should consider yourself lucky.
Many feel that it is an add-on degree and your boss probably does not have one, so why should you? ;-)

On a side, why does your boss have such a big say in it? Isn't that a pure HR question?

It is a tough situation as you now probably should not get a LOR from him either; does not sound like a good person to get involved with. I personally hate when I am not told the truth and bare facts - that's immature.
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Re: Employer won't support MBA. Help? [#permalink] New post 26 Sep 2013, 07:37
bb wrote:
On a side, why does your boss have such a big say in it? Isn't that a pure HR question?.

I would check in with HR regarding your reimbursement request. Where I work, it's a form you fill out, submit to HR, they do initial approval/disapprove, and then bring it to the head of my department (not my immediate boss) for final approval. Your company may have a similar process.
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Re: Employer won't support MBA. Help? [#permalink] New post 26 Sep 2013, 19:41
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At most companies I've worked at, I don't think it's ever a good idea to try to begin a 'process' with HR unless it's something that your immediate supervisor is aware of and supports, right? Maybe I have a limited experience -- but... food for thought.
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Re: Employer won't support MBA. Help?   [#permalink] 26 Sep 2013, 19:41
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