big4 & bb ibank tuition vesting period

Question

does anyone know what the vesting periods for tuition reimbursements at these firms? is it only for part time degrees only?

Jerz · Answer

Can't speak for all big4 & bb, but at the big4 where I worked, you were eligible for tuition reimbursement from day 1. The plan was they would pay up to I think $10k a year in relevant education. It wouldn't cover a FT program because you had to be an active employee to be eligible.

In addition, there was a program where the firm would sponsor you for an EMBA, but that was generally for people who had been with the firm for 6+ years.

bmwhype2 · Answer

well, im interested in the full vesting period issue. my friend worked at E&Y for 1.5 years and was taking his masters in taxation. he had to reimburse the firm for their reimbursement because he left firm before he was fully vested.

Jerz · Answer

As far as I remember at my firm tuition reimbursement you didn't have to pay back regardless of when you left. For the EMBA program, you had to give 5 years of service after you completed the MBA, or you had to pay them back for tuition.

The exact terms are going to vary by firm though, so it's tough to make a general comment here.

The exact terms are going to vary by firm though, so it's tough to make a general comment here.

big4 & bb ibank tuition vesting period

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