Sponsorship, what do you think?

This is more or less what I'm hoping to do (still waiting to hear back on the "package" that is offered). But I'm not looking to change industries or job functions, so it makes sense for me. Not sure if this is the case for you. Plus, I wouldn't necessarily expect a significant, if any, pay increase post-MBA if I didn't stick at my current place.

Best of luck!

With the economy doing what it is, I say you made a great move.

seems win-win to me

I understand your thoughts west, but I can assure you that I won't change my mind-set, and I fell that I won't have that big trouble if I want to go elsewhere, what will be hard is that the package is so good, that I will have to pay much more than the budget schools usually show.

Another point, is that with this sponsorship I can pay for my wife's course, and I think that's important.

As I'm not changing industry, just the focus. I could also try to the tricky industries such as HF/PE/VC.

kwam, do you need to commit now?

There are lots of Deloitters at Fuqua, and they all get reimbursed IF they go back. If they don't go back, they're not reimbursed. Sorta the best of both worlds -- they can go back with a free education, or they're free to change roles. Some will definitely go back, some definitely won't, some are waiting to see how the cookie crumbles.

I take it, though, that you have to decide now-ish, huh?

kwam, first, CONGRATS on the offer.

I think as long as what you need to pay back isn't a lot more than what your B-school budget and spending will be, and you can "break" out of contract at any time without burning any bridges (make sure you set the right expectations to your employers that you may be leaving), then I'd say GO for it.

Yes I need to decide (actually they already payed my first GSB deposit. I know that at Mckinsey they also offer this same kind of sponsorship, but for me things are a little bit different. Actually, I'm kind of an guinea pig, because the group has a formal MBA program sponsorship, but I work for the international branch which doesn't have, so I'd be the first sponsored for a FT MBA by the international division.

I agree with you that the other way is better; however, I can't choose everything. Well legally speaking, the biding contract worths zip in the country I'm now and also at my original country, but as I believe in gentleman's shaking hands contract, I'd do the way I'd sleep at night .



The thing is that the person who encouraged me to go for the FT MBA was the first to say: although we're offering this sponsorship, I think you should think of having some flexibility... Of course there's much more behind it, and I can't just throw the facts here, but is pretty much that.

I think I won't burn any bridges as I have always played fairly with everybody. I also know that when they need to lay off, they do in seconds, so sometimes I need (though that's not my personality) to be a little "Machiavellic" (do you guys use this word in English?????). I told them more than 1 year ago that I'd go for a FT MBA, so they knew what was coming (well perhaps they thought that it was a bluff).


Thanks everybody for the inputs, I still think that it's the right thing to accept, in the "worst case" I'd stays with them for at least 2 more years, I'd use the money I saved for my MBA to give my wife education at the incredible School of the Art Institute of Chicago and if she becomes famous, it will worth much more than my MBA

well said kwam, good luck with everything!

Let me know when you're back in the States again. This time I'll be careful where we go to eat.