How to Get an Employer to Pay for an MBA
Returning to school for an MBA can be an expensive personal investment. While there are employers willing to pay for employees to further their education, you need to be prepared to negotiate if your employer does not have such a program for tuition reimbursement.
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Instructions
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Find out your employer's current business policy on tuition reimbursement. Talk to the human resources department to verify whether the employer has provided others with tuition reimbursements in the past.
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Prepare points for your argument. Your employer will want to know how it would benefit from you having an MBA. Discuss how the MBA will affect your work and how you will be able to provide additional value.
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List the required courses for the degree program. Most universities post online the course name and descriptions that are required for their degree program. Create a list of the required courses that are related to your work or can help you in your current position.
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Determine the cost to the company. Choose a university and see how much it charges for its MBA program. Depending on your position, you should look at an MBA program that offers evening, online or weekend classes so attending school will not conflict with your work schedule.
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Meet with your employer. Sit down for a formal meeting with your employer to discuss the points of why it is beneficial to the company that you have an MBA and show the required courses to back up your argument. If your employer says no, listen to what he has to say and see if there is anything you could do in the future to qualify for such a benefit. Also, ask if the company is willing to pay for part of the tuition, or pay for the tuition based on your performance in class. For instance, if you keep your grade above a 3.5 GPA, the employer would reimburse you.
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References
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