Pursuing an Executive MBA degree is a major personal and financial commitment. We encourage you to explore opportunities with your employer for sponsoring your degree.
Before you approach your employer, we encourage you to do your research and approach the discussion like any business proposal. Remember, sponsorship is a business decision for your organization. An investment on their part in your education must be seen as a long-term benefit to the organization. Present your case with this in mind.
Formulate an answer to this question: “Why should my company sponsor me in Michigan Ross' Executive MBA Program?” Include aspects of company growth and the need for strong leadership in a challenging economy. You also may want to emphasize the long learning curve for senior executives hired outside the firm. This supports the business case for cultivating internal talent.
- Research your organization’s internal policies regarding educational sponsorship requests.
- Include a realistic schedule of the time you will be away from the office for orientation and mid-term residencies. Remember: Our once-a-month format minimizes disruption to your schedule.
Commit to the Organization
Losing you after you acquire your degree may be one of management's primary concerns. Demonstrate your commitment to the organization by outlining how minimally your job will be affected by the EMBA Program, including any needed redesign to minimize the impact of your absence. Also specify how much your colleagues will benefit from new knowledge, frameworks, tools, and best practices that you will bring back to the organization. Be creative and emphasize your willingness to do whatever it takes to participate in the program,
e.g., using vacation time or forgoing a bonus or raise.
Since sponsorship is a business decision for your company, design and communicate your approach to complement the goals and policies of your organization. As you prepare to begin the EMBA Program, make sure to continue the communication — with your organization’s leadership, your direct management, and your colleagues and peers. When they know what to expect, they will be prepared to accommodate your needs.
Determine who will make the decision about your sponsorship and work your way toward this person, starting with your closest mentor. If each person can endorse you to the next in line, you are more likely to succeed in your request. Once the ultimate decision-maker has approved you for sponsorship, make sure to get it in writing.
Gaining approval to enroll in the EMBA Program is only the beginning. Make sure to follow up on every detail required by your organization and the EMBA Program. Make the process as seamless as possible for your staff and superiors. It’s your education, your responsibility, and your future.