While the days of business degrees fully paid by employers may be on the wane, top MBA programs are licking their chops to attract to their executive programs students who are now less loyal to their employers, according to a Wall Street Journal story, which explains:
As companies pull back on sponsorship for education, executive M.B.A. candidates are footing a bigger share of the tuition bill—and are less willing to stick with their employers. The change has created new expectations for career-services offices, and many are jumping to meet the challenge.
In fact, last year 27 percent of executive MBA students received full tuition reimbursement from their employers, down from 34 percent in 2007.
Schools are designating staff to offer one-on-one coaching, career services, workshops and other perks exclusively to this group. Such schools include University of North Carolina’s Kenan-Flagler Business School, University of California at Los Angeles’s Anderson School of Management and Cornell’s Johnson Graduate School of Management.
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