Master of Business Administration (MBA) degrees can provide professionals with specialized skills, job opportunities and often a higher earning potential and average salary than those with only bachelor’s degrees. But for many, the price tag of MBA programs can be intimidating.
If pursuing an MBA is out of your personal budget, working for these following companies may help cover (at least some of) the cost.
Companies That Pay for MBAs
- Apple
- Deloitte
- Intel
- PayPal
- Udemy
- Verizon
- Wells Fargo
Companies That Offer MBA Tuition Reimbursement
Tuition reimbursement amount: Full reimbursement for undergraduate course and up to $6,000 for graduate programs.
Liberty Mutual Insurance offers comprehensive insurance solutions to individuals, families and businesses. The company’s tuition reimbursement program covers 100 percent of approved undergraduate course costs, and up to $6,000 annually for graduate degrees including MBAs. Eligible employees — those with manager approval and one year of tenure — can pursue advanced degrees while working, making Liberty Mutual an attractive employer for professionals seeking MBA funding.
Tuition reimbursement amount: Full reimbursement
Consulting giant Deloitte offers full tuition reimbursement for MBA programs through its selective Graduate School Assistance Program (GSAP), which targets high-performing consultants pursuing graduate business degrees at top-ranked institutions. After completing their degree and fulfilling a return-to-work commitment, participants rejoin Deloitte in a senior consultant role.
Tuition reimbursement amount: $8,000 per year
Verizon, one of the most-used mobile network providers in the United States, rewards its employees by offering tuition assistance and reimbursement. The company pays up to $8,000 annually for full-time employees working more than 30 hours per week, and up to $4,000 for part-time employees working 20-29 hours weekly. Eligible employees can access tuition reimbursement from their first day at on the job. Verizon also provides access to professional certifications in business fields through its Get Certified program.
Tuition reimbursement amount: $5,250 per year
Capital One, known for its banking and credit card services, offers educational assistance among its benefits package for employees. Eligible full-time and part-time Capital One employees can be reimbursed up to $5,250 annually for course tuition, required books and course-specific fees.
Tuition reimbursement amount: $5,250 per year
PayPal’s online payment platform lets users send and receive money from all over the world. The company supports its employees’ development with tuition reimbursement and other saving perks. Through its Educational Assistance Program, PayPal reimburses up to $5,250 annually for tuition, books, and lab expenses for employees pursuing education relevant to their current or future roles.
Tuition reimbursement amount: $5,250 per year
Enterprise AI provider ServiceNow offers ample educational development and MBA reimbursement opportunities to its employees, providing both tuition reimbursement and online course subscription options. The company also supports professional and personal learning in a number of other ways, including diversity programs, hosted conferences and online course subscriptions.
Tuition reimbursement amount: $5,250 per year
Management solutions company Verifi offers tuition reimbursement to lift some of the burden of paying for an MBA off its employees’ shoulders, covering up to $5,250 annually in tuition costs. The company also offers perks such as health benefits, 401(k) matching, adoption assistance and free yoga classes.
Tuition reimbursement amount: $5,000 per year
Thousands of people work at Google, and as such the tech titan aims to support its team members’ professional development and educational endeavors. For U.S. employees who have worked at the company for at least 90 days, Google offers $5,000 annually in tuition reimbursement toward career-related learning.
Tuition reimbursement amount: $5,000 per year
As one of the largest U.S. banks and financial service providers, Wells Fargo offers competitive employee benefits, including for educational needs. Wells Fargo provides up to $5,000 annually for tuition reimbursement, plus a $3,000 scholarship award to dependents of employees every year.
Tuition reimbursement amount: $3,000 per year
Real estate data and analytics firm HouseCanary helps cover tuition costs for its employees pursuing higher education, delivering $3,000 annually to go toward education reimbursement costs. Its benefits package also stands apart from many other companies, which includes monthly Lyft credits, catered lunches and a $3,000 employee referral bonus.
Tuition reimbursement amount: $3,000 per year
Klaviyo hosts a platform where companies store and analyze consumer behavioral data for use in communications, as well as help these companies create a direct relationship with their customers. To help its employees thrive in the workplace, Klaviyo offers tuition reimbursement of up to $3,000 for participating in courses, earning certifications and more.
Tuition reimbursement amount: $1,000 per year
Ripl helps small businesses with their social media content through its all-in-one platform for creating, posting and tracking videos, collages, slideshows and images across sites like Facebook, Instagram, YouTube and LinkedIn. The company’s professional development programs include tuition reimbursement of up to $1,000 annually for the costs of pursuing an MBA or other degree.
Tuition reimbursement amount: $5,250 per year year
Apple offers tuition reimbursement for educational programs to support employee career advancement. The company reimburses eligible team members for formal education expenses, including tuition, up to $5,250 annually. Through Apple University and its educational assistance program, the tech giant provides comprehensive support for professional development, helping its employees pursue advanced degrees and industry certifications to advance their careers.
Tuition reimbursement amount: 90 percent of tuition costs
Energy giant BP reimburses up to 90 percent of tuition costs for eligible academic programs — including books and required materials — supporting team members pursuing degrees from accredited institutions through in-person or online formats. The company’s Education Assistance Program is available to full-time employees immediately upon hire, enabling them to advance their education based on their career goals and professional development needs.
Tuition reimbursement amount: Contact company for information.
Haven Technologies is a SaaS platform serving the life insurance industry, offering comprehensive employee benefits that support professional development. The company provides cross-functional training programs, online course subscriptions and generous tuition reimbursement to help employees advance their careers, including those pursuing MBA degrees and other graduate credentials.
Tuition reimbursement amount: $5,250 per year
Intel offers comprehensive tuition assistance for employees pursuing education. The chip maker’s Tuition Assistance Program (TAP) reimburses up to $5,250 per year. It also provides free tutoring through a partnership with Tutor.com, scholarships for employees' children and access to educational opportunities designed to support professional development and career advancement.
Tuition reimbursement amount: Up to three credit hours.
RTX, formerly Raytheon Technologies, is an aerospace and defense conglomerate that supports employee professional development through its Employee Scholar Program. The program covers up to three credit hours of and has over 11,000 enrolled employees.
Tuition reimbursement amount: Contact company for information.
Wunder enables businesses and real estate firms to deploy solar energy, battery storage and EV charging infrastructure across their properties. The company offers competitive benefits to attract talent, including tuition reimbursement for employees pursuing advanced degrees and professional development opportunities.
Tuition reimbursement amount: Contact company for information.
Adtaxi is a digital marketing agency that helps businesses grow through data-driven solutions across programmatic advertising, search, social and connected TV. The company supports employee development through its tuition reimbursement program, which provides financial assistance for teammates pursuing advanced degrees, including MBA programs, to expand their professional horizons and career opportunities.
Tuition reimbursement amount: 50 - 100 percent tuition reimbursement
AT&T offers tuition assistance and reimbursement for full-time employees who have been employed for at least six months, supporting career advancement through over 131 certificates and degree programs. The telecommunications giant reimburses between 50 and 100 percent of tuition costs to help cover qualified expenses.
Tuition reimbursement amount: Contact company for information.
Boingo designs, builds and manages wireless networks around the world. The company aims to offer a rewarding, mentally stimulating and entertaining work environment to its employees, offering everything from yoga and exercise classes to bowling nights. It also offers tuition reimbursement for any field of study employees want to pursue, whether that be a coding bootcamp or an MBA.
Tuition reimbursement amount: Contact company for information.
Travel industry giant Expedia Group operates well-known names like Expedia, Hotels.com and trivago, all while aiming to support its employees in the process. Its benefits package aids employees’ continuing education, offering both tuition reimbursement as well as flexible work arrangements to encourage them to pursue their learning goals.
Companies That Offer Continuing Education Stipends
Stipend amount: $2,000 per year
KPA provides software, consulting and training to help businesses manage environmental, health and safety (EHS) risks while maintaining regulatory compliance. The company supports employee development through a $2,000 continuing education stipend and tuition reimbursement, helping staff advance their education.
Stipend amount: $1,500 per year
The whole concept behind Udemy’s business is to support and democratize learning, so it only makes sense that the company would aim to provide the same support to their teammates. After six months of employment, each employee at Udemy can enroll in a continuing education program that provides $1,500 annually for tuition costs.
Stipend amount: $500 per year
Omaze operates a charitable donation platform designed to help people achieve their goals and support causes they care about. The company extends its mission to empower employees through robust education and development benefits, providing its team members with $500 annually for further education, as well as customized development tracks and training opportunities across different functions within Omaze.
Stipend amount: Varies by degree and program.
Fandango, the movie-ticketing company, provides its employees with both a continuing education stipend and tuition reimbursement, varying in cost based on what MBA or other program each employee chooses to pursue. The extensive benefits package also offers perks like 401(k) matching, a flexible work schedule and an on-site gym.
Stipend amount: Contact company for information.
MediaAlpha, a programmatic advertising technology platform for performance media, connects brands with high-intent consumers across insurance and other verticals. The company emphasizes empowering employees to develop their skills, offering a comprehensive benefits package that includes a continuing education stipend, online course subscriptions, paid industry certifications and dedicated time for employee learning and professional development.
Stipend amount: Contact company for information.
Otus, a K-12 education technology platform, offers competitive salaries and comprehensive benefits designed to support employee growth and well-being. The company invests in professional development through an annual allowance, and supports employees’ educational advancement with a continuing education stipend and the flexibility to allocate work time toward personal learning.
Tuition reimbursement amount: $5,250 per year
CSC delivers services and solutions for businesses all over the world, offering expertise in areas ranging from entity formation and tax compliance to cyber risk. The company supports employees’ professional development through tuition reimbursement, covering 100 percent of tuition costs up to $5,250 per employee per year.
Tuition reimbursement amount: Contact company for information.
Golden Hippo is an employee-owned, direct-to-consumer marketer that builds health, beauty and pet care brands. The company supports its employees pursuing graduate degrees through a tuition assistance program that covers educational expenses up to specific amounts.
Tuition reimbursement amount: $8,500 per year
ABN AMRO Clearing USA LLC is a global financial institution specialized in the clearing of listed equities, derivatives and futures for a diverse clientele, including institutional money managers and corporate hedgers in the energy and agriculture sectors. The company provides a comprehensive tuition assistance program to full-time employees who have been with the organization for at least six months, helping those looking to fund an MBA while advancing their careers in global finance.
