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It's applicable for all the FTE employees but only to those who have completed 2 years with the firm.. for more details you can check the policy documents available in my pwc portal. It has all the relevant details ..
It doesn't sponsor the whole amount of the fees, but I think only upto 1.85l maximum for the total course which is a peanut compared to the actal fee for an executive MBA from IIM or equivalent B-school. Search for Education Support Program (ESP) FAQs for details
It's 1.85 lacs per year of the course. But yeah that's true ,it's still peanuts compared to the fees of MBA from a good college like IIMs or XLRI