EY and others are offering employees MBAs and masters degrees – but is it a good investment?

When global accountancy firm EY discovered, through an internal survey, that almost three-quarters (74%) of its 312,000 staff in over 150 countries wanted to “participate in activities that help communities and the environment,” action was swiftly taken.

In late February, a unique course was launched: the EY Masters in Sustainability, in association with Hult International Business School in the U.K. The best part? It is free for all EY employees, regardless of rank, tenure or location.

The online-only learning program, which students can work through at their own pace, is designed to expand sustainability and climate literacy among EY workers. The hope is that these newly acquired skills will accelerate innovative sustainability services for clients.

EY’s budget for staff training is likely to be significantly larger than most other organizations. But as the Great Resignation trend drags on, more companies realize that investing in employee education – even if it’s not directly related to work – is good value. It can boost morale, generate fresh thinking, accelerate innovation, and – possibly most importantly right now – help attract and retain the best people.

This article was first published on DigiDay’s future-of-work platform, WorkLife, in July 2022 – to read the complete piece, please click HERE.