{ "media_type": "text", "post_content": "Thinking about lateraling to Deloitte just to apply to their GSAP program and get a paid MBA. Is GSAP widely available?", "post_id": "5ef2d0ce90958000291679fe", "reply_count": 11, "vote_count": 1, "bowl_id": "5e6fe1c31f5e51001d267e46", "bowl_name": "Coronavirus Work-life" }

Thinking about lateraling to Deloitte just to apply to their GSAP program and get a paid MBA. Is GSAP widely available?

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oh yeah super easy because nobody would ever think to take advantage of it like you are. not at D, but a former roommate was. he said you need to be employed w them at least 2 years, high performer, certain gmat score and schools. then you owe them i think 2 more years after graduation. i imagine covid hasn’t made it any less competitive. so it’s a pretty long game you’re playing with uncertain chances of success.

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Gsap reimbursement is taxed like a bonus so you really get grad school for 60% off, it’s not a free ride

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Navigating the politics yes but delivering quality to the client no. That’s just been my experience but of course I’m sure it’s different across the board.

I did GSAP. It’s become even more difficult now because Deloitte doesn’t see the value since most GSAPers don’t stay (aka like me) and they leave after their 2 year obligation is up. They also increased the minimum number of years of top ratings that you must have before applying (I think it’s 3 full performance years). I remember last year in 2019 there was big issue with GSAP releasing decisions late and actually taking fewer people than last year. So I would echo KPMG1 and just go to business school on your own and do the internship. I sold part of my soul to get those ratings and in the end it wasn’t worth it to be honest.

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Why don’t you just go to business school, intern at Deloitte and then get second year paid? Not at Deloitte but imagine it’s easier to get internship from a target business school than to get their mba sponsorship. It would save time and you’d make the money up in higher mba salary

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Also as a former GSAPer, sharing a few other things to consider: you need 3 SMs or Partners (preferably Partners) to formally “endorse” you when you submit your app and then do your GSAP pitch; and yes to SC1’s point, you owe them two years after and finally, you don’t get a single cent (unless you count early signing bonus etc) until you finish bschool and return to Deloitte

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Curious on people’s thoughts on business school in this economic environment? I was also considering taking the gmat and applying in R1 for 2021 start. However, it’s a little uneasy to quit a job where I feel strong job security.

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I think that would depend on why you’re going to BSchool. A few questions I’d consider if I was in your position: If you’re looking to pivot: what would you need to do in the next 3 years to pivot if you don’t get an MBA? Does the industry you want to go to value / require an MBA? Where are you in your career? If you chose stability now vs going to BSchool, what’s your “time limit” for taking two years off your career to go? As someone who went early in my career (applied 2 years out of undergrad, and entered Bschool with ~3 years of experience), I found that it helped to accelerate my career since it put me in the same position as people with more experience than I do and to pivot to another industry. While you can go do an MBA whenever, I personally do think that there is a bigger ‘boost’ for those going earlier. Finally, financially, how much of a burden would this choice put on you and on the career choice that you would choose? I had the benefit of a ‘guaranteed’ job (ie sponsorship) waiting for me in consulting that can help pay off this financially as a backup if my other full time career choices are not financially viable I hope this gives you some good food-for-thought!

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To G1s point, GSAP continues to get more competitive for fewer slots. Have heard from a number of PPMDs that GSAP will continue to shrink.

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