When I did my MBA, they agreed a salary sacrifice where the cost of my MBA was subtracted from my gross salary. That would have no extra cost to you. Some alternative suggestions:
- They are are not prepared to support you with time off for this training, that must mean that they don't see it as a useful investment for the business. Either they don't see the value of an MBA, or they don't believe an MBA would make you more valuable to them. Ask them which it is. Either way, they are telling you that you don't have a path for progression at that company and you should add into your selection criteria what careers services are available from the various schools. They should also understand that if they do not give you paid time off, will not own any IP you develop as part of the programme.
- Rather than reduce your salary by 20%, you and they could agree to reduce it in line with the number of days you are physically on campus and not able to work. That will almost certainly be less than 10% of your working days. Alternatively, do reduce to 80%: use most that time for for study in the first year and in the second year for networking, informational interviewing and job hunting.
- If they won't agree to support your apprenticeship, you could quickly incorporate a company in England or Wales and then have your company sponsor you for one. I think that's legal and much cheaper than self-funding a part-time MBA outside the apprenticeship scheme.
[Edited by Duncan on Oct 16, 2022]
When I did my MBA, they agreed a salary sacrifice where the cost of my MBA was subtracted from my gross salary. That would have no extra cost to you. Some alternative suggestions:<br>- They are are not prepared to support you with time off for this training, that must mean that they don't see it as a useful investment for the business. Either they don't see the value of an MBA, or they don't believe an MBA would make you more valuable to them. Ask them which it is. Either way, they are telling you that you don't have a path for progression at that company and you should add into your selection criteria what careers services are available from the various schools. They should also understand that if they do not give you paid time off, will not own any IP you develop as part of the programme. <br>- Rather than reduce your salary by 20%, you and they could agree to reduce it in line with the number of days you are physically on campus and not able to work. That will almost certainly be less than 10% of your working days. Alternatively, do reduce to 80%: use most that time for for study in the first year and in the second year for networking, informational interviewing and job hunting. <br>- If they won't agree to support your apprenticeship, you could quickly incorporate a company in England or Wales and then have your company sponsor you for one. I think that's legal and much cheaper than self-funding a part-time MBA outside the apprenticeship scheme.<br>