Does the company require you to stay with them for a certain timeframe in return for the reimbursement (that's what mine does)?
Yes, I have to stay with them one year upon graduation.
Assuming that the MBA requires 30 credit hours, 6 hours per semester = 5 semesters x $3,000 = $18,000 your cost.
Will the MBA be required at your company to advance?
How long do you plan to stay at your company?
Are the $1200/credit hour programs substantially better than $700/CH programs available to you?
MBA isn't required, and I'm not set on staying with this company forever. If I choose to get my MBA, I'll plan to stay a year after completion. The programs I'm looking into are a mixture of online and in person and both are over $700/credit hour. The $700/credit hour programs I would have available would be the fully online programs. So it depends on your point of view comparing University of Florida to University of Phoenix.
- How long would taking 2 classes at a time take you to graduate? 3 years or more?
- What's the reimbursement policy? pay raise after graduation?
- Do you have support from your family/spouse? Your week nights and weekends are going to be all homework/projects.
- Have to spoke with anyone in your company that has done it?
Just my 2 cents... I know many part time MBA students (a full time graduate myself), most of them are fully sponsored by their employer with 1-2 years lock in. Even with that, many of them told me they'd not do it cause it doesnt really help in terms of getting a better job because if you're in a big city, there are many other MBA's for the employers to choose from and most of them are probably from a full time or more prestigious program. *most of the part time programs requires you to put "part-time" on the resume as suppose to just MBA from XXX. As you know, full time programs have very different admission criteria.
- The only program I'm looking at that lets me take two classes at a time is 39 credit hours. It would take me ~3 years to graduate from this specific program. The other programs I'm looking at are lockstep with a cohort, and have a predetermined number of classes per semester and predetermined semester in which you take them.
- No pay raise after graduation (I wish!), which is why I would want to get it paid for, and then look elsewhere for another job.
- I don't have any commitments right now so I'm not worried about the time aspect.
- I work at a very large organization and several people have gone to several different universities.