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Some firms sponsor selected analysts for an MBA, but sponsorship is not automatic and the policy varies by firm, office and year. It is usually tied to performance, tenure and the expectation that you will return after school.
The package can include tuition support, living support or other benefits, but there may also be approved-school requirements and a return-service commitment. Leaving too soon after the MBA can trigger repayment obligations.
Treat sponsorship as a possible benefit rather than guaranteed compensation. A policy that exists when you join may change before you become eligible, and not every high-performing analyst chooses or receives sponsorship.
If MBA funding is important to you, ask current analysts how the process works in your target office today, how competitive it is and what return-to-firm conditions apply.