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FMP-type programs

oasising's picture

GE FMP, as well as a few similar programs (Abbott Labs and Baxter Healthcare interest me the most) recruit from my school and they caught my eye.  I am looking to eventually work in a business development position or even as the CFO of a biotech startup.  What kind of opportunities would I have out of these programs, compared to an IB healthcare group? 

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These programs are

These programs are fantastic.  I did a bit of digging on behalf of someone close to me and if you want to stay and work in a corporate capacity, these will do it for you.  Placement can be top notch out of the right programs if you want to get your MBA.  All said and done, you can't go wrong with a strong FMP if you want to maintain a work/life balance and still move up the ladder.

oasising's picture

how would it be compared to

how would it be compared to banking in terms of exits?

Don't really know about the

Don't really know about the exit op's, but Bosch I believe has a pretty highly regarded rotational program...professional development program or something like that.

Exits are good for corporate

Exits are good for corporate type positions, ie further up the ladder in the current company or lateraling to another corporate finance role. Definitely NOT as good for investments/banking type roles, as it is a vastly different skill-set.

Is there any place I could

Is there any place I could find a list of these FMP type programs?? I am very interested. Google failed me.

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GE, Raytheon, J&J, Boeing (I

GE, Raytheon, J&J, Boeing (I think) come to mind.

I can only speak about GE FMP, as I've worked with a bunch of them. The skillset and projects are obviously different from banking, but is definitely a solid career path if those roles interest you. Work/lifestyle is like a normal job, probably 9-6/7 each night, but you will pull late nights, and I've definitley seen them in on weekends.

The FMP program is pretty competitive, and is a really messed up recruiting process IMO, but this only comes from some friend's experiences.

I am actually interested in

I am actually interested in the GE FMP program as well. What is the comp like for first years (including bonus, if any)? More than likely I will be applying for GE this coming fall. Thanks for the support.

it was 50+5 for GE

it was 50+5 for GE Money...dont know about healtcare though.

Their rotations are in Stamford, atlanta, cali(might have shut down now) and somewhere else...also something about a housing reimbursement. try the GE vault messageboards

corp to banking

would you agree with your statement about transfering to banking from corp finance with trying to get a full time banking job with a corp fin internhsip (which is my case this summer). I wanted to get into banking but couldnt find an internship in it so Im working for a pretty large corporation. Could elaborate on the skill-set (major) differences or what kind of skills I could pick-up in the mean time to try to get into a banking role.

that is a question tbroker

that is a question tbroker should answer...

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