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MBA sponsorship

 
#1 MBA sponsorship
04/05/2009 23:44

Dan

Could you be so kind as to explain me how MBA sponsorship works with companies such as McKinsey, Bain, BCG? Specifically, do they cover tuition only or full cost (tuition + living expenses) or...? Also what are the terms of sponsorship (i.e. obligation to return, etc.). Thank you.

P.S. I'm referring to full-time MBA in the top US schools.

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#2 RE: MBA sponsorship
05/05/2009 13:34

jhg to Dan (#1)

Hi Dan,

Firms like McKinsey, A.T. Kearney and BCG will provide some high performers with funding for business schools. This usually consists of your fees and some living costs being paid if you get into a good school. You are usually tied into 2 years with your firm after completing the course - if you leave prior to that you will have to repay the fees.

Not everyone gets an offer and some firms offer fewer scholarships than others. There are also often geographical differences within firms too so sponsorship is by no means guaranteed.

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#3 RE: MBA sponsorship
05/05/2009 22:15

Dan to jhg (#2)

Thank you very much jhg!

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