Financial Leadership Program Group - FAQs
CF
(Monkey, 60
Points)
on 4/12/11 at 7:24pm
Lets get some FAQs going on with Financial Leadership Programs. What do people want to know?





What ones are there (let's
What ones are there (let's get a huge list of them going) and what does it take to get into them.
Pretty women make us BUY beer. Ugly women make us DRINK beer.
Thanks for starting this
Thanks for starting this post! I was wondering if anyone had info on JP Morgan's Finance Associate Leadership Program. Comp, Bonus, Hours etc etc.
http://careers.jpmorganchase.com/career/gradfinana...
To get into these programs, a
To get into these programs, a lot of people have pretty high GPAs.
Al Bundy wrote: What ones are
What ones are there (let's get a huge list of them going) and what does it take to get into them.
http://www.wallstreetoasis.com/forums/list-of-ft-f...
Those that have completed a
Those that have completed a FLP - what was your first job after, and what are you currently doing?
For me - FLP at F50, stayed with the company and am doing business development (M&A/Strategy) for one of their divisions.
I am starting at a FLDP at a
I am starting at a FLDP at a Fortune 150ish company in July. Would eventually like to get into Corp Development so I think this program might help with that.
Al Bundy wrote: What ones are
What ones are there (let's get a huge list of them going) and what does it take to get into them.
https://spreadsheets.google.com/pub?key=0AiKeqvKq1...
Here is a good list to start
nelly0 wrote: I am starting
I am starting at a FLDP at a Fortune 150ish company in July. Would eventually like to get into Corp Development so I think this program might help with that.
Helped in my case. Make sure you do a rotation in corp/biz development if offered.
For me - FLDP at F500 tech
For me - FLDP at F500 tech company then joined corporate development after finishing the program.
j-rad, hardvardgrad09, hows
j-rad, hardvardgrad09,
hows corp development been for both of you? hours, lifestyle, type of work?
Alpha, harvardgrad08 started
Alpha, harvardgrad08 started this thread with a bunch of great information for you to read through: http://www.wallstreetoasis.com/forums/the-other-ro...
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alphaSledge wrote: j-rad,
j-rad, hardvardgrad09,
hows corp development been for both of you? hours, lifestyle, type of work?
I did my last rotation in the group that hired me off-program, so I've been in corp dev for ~8 months. Work is interesting, my group does the M&A for the business I work at, which includes all sub-business unit deals. While we don't originate every target, we do the valuations and lead the due diligence for ~95%. Also, we work on strategy at a higher level than a business unit does; overall business strategy, what markets we find attractive / want to get into, etc..
Hours vary, but I usually come in around 9am and leave by 7pm. Maybe a midnight-1am night every couple of weeks if there's a lot in the pipeline. Very flexible work environment where I am, can leave when I need to if my work is done (no "face time"), and can use all my vacation days.
Pay is nowhere near what harvardgrad08 talked about in his post if I remember correctly (different industries), no bonus (other than small "awards"), and slow salary increase (nothing like IB)
Positions normally go: Analyst -> Sr. Analyst -> Specialist -> Manager -> Director -> VP, although nobody I've seen has ever done that - if you start out as an Analyst, you'll never get past a Manager without having other experience (general management, ops, etc..) under your belt.
Only way to get in at the analyst level is to go through the FLP, at least from what I've seen (almost every analyst I know, regardless of the division, has been an FLP). At the Director / VP level, most are ex-MBB/BB guys. Manager level, mixed bag between internal and external consultants/IB.
Any other questions, let me know and I'd be happy to answer. A lot of similarities between harvardgrad08's Q&A post, so definitely check that out... we are just in different industries in different areas.
Does anyone know if there are
Does anyone know if there are FLDPs for MBAs? Or is it usually just for ppl recently out of undergrad?
^Check that one post someone
^Check that one post someone responded to me with. A lot of those programs seem exclusively geared toward MBAs (i.e. MMM)
Pretty women make us BUY beer. Ugly women make us DRINK beer.
Al Bundy wrote: ^Check that
^Check that one post someone responded to me with. A lot of those programs seem exclusively geared toward MBAs (i.e. MMM)
A lot of companies have both as well.. my company (on that list) has a program for undergrads and another for MBAs, with the undergrad program being much larger.
May I ask where you work, or
Pretty women make us BUY beer. Ugly women make us DRINK beer.
Leading economist in the US
Al Bundy wrote: May I ask
alphaSledge wrote: Al Bundy
Pretty women make us BUY beer. Ugly women make us DRINK beer.
Tamar wrote: Leading
If I had asked people what they wanted, they would have said faster horses - Henry Ford
Al Bundy wrote: May I ask
j-rad wrote: Al Bundy
Pretty women make us BUY beer. Ugly women make us DRINK beer.
Al Bundy wrote: I haven't got