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"post_content": "🎯 MBA🐟, if MBB hired you, do you have the option to get tuition reimbursement instead of signing bonus? E.g. Accenture Strategy gives 50k towards loans",
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^Taxes tho
Accenture strategy pays off your student loans? 😮 That's awesome
No but it’s the same thing, get signing bonus and pay your tuition down
Deloitte gives signing bonus plus $50K tuition reimbursement for summer interns that return. LEK also gives $25k tuition reimbursement I think in addition to singing bonus
Nope. I got sign-on bonus, relocation bonus, and that's it. Sounds like you're asking for a larger signing bonus, which may be hard to negotiate unless you got competing MBB offers.
Accenture give you a nice discount on the stock too, which BTW, is near an all time high. We all share in the firm’s success-much like your partnerships and the retired partners.
A1 it's taxable income when employer pays for your loans
Google, there's no difference in taxes. If they pay the school it's a taxable benefit.
Actually hurts you if you wanted to itemize MBA expenses as business expense since you can’t itemize if they are reimbursed
Non-MBB have trouble preventing their interns from jumping ship to MBB. That's why they offer a big extra inducement. MBB isn't worried about that, and has vastly better lifetime economics.