Why has nobody talked about Comcast's Finance Rotation Program?
Hi all - I'm an FP&A intern at a media & entertainment company and after reviewing all of my options (junior, non-target, wealth management & corp fin internships), I've decided I'm pretty much dead set on starting in an FLDP/FRP. After reading up on this site, it seems the best ones are at large F500 companies and have possible rotations through Corporate Development and/or Corporate Strategy teams. I've found I'm pretty much only interested in the technology and media & entertainment industries, so I've been looking primarily at Microsoft's FRP because of all the good things I've read about it here, but also looking at Apple's FDP and Google's Associate Finance Analyst program. The 3 of those are each F20 and are super competitive so I've been looking for others to avoid putting all my eggs in 1 basket.
I stumbled upon Comcast's CORE Finance Rotation Program, and am now wondering why it's never been talked about on here. First of all, Comcast is 26 on F500, so it's right up there with the other three. It's a 2 year program with 3 rotations (first is 1 yr, other 2 are 6mo) where at least 1 is required to be with a Comcast team and 1 at a NBCUniversal team. The remaining one can be under either of those or one of Comcast's other BUs like Peacock. I did some LinkedIn stalking and found multiple people that rotated through NBCUniversal's "Corporate Strategy & Business Development" team, Comcast's "Corporate Development" team, and several other interesting sounding rotations. I believe comp is between $65K and $75K based on Glassdoor (so not as sexy as Microsoft) but I was told 1st hand that their relocation reimbursement was over $15K to move to NYC/LA.
Anyways, I'm not arguing that this program is better than Microsoft, GE, J&J, or other big name ones - but doesn't this seem pretty good? I'd love to hear anybody else's $0.02. Also feel free to share any other lesser known programs that could be worth talking about. Thanks in advance!
Hey Intern in CorpFin, I'm here to break the silence...any of these links help you?:
More suggestions...
I hope those threads give you a bit more insight.
Companies use those types of teams as lures for undergrad talent to sign on, but usually people don't return to those teams when their rotations are over. Rotations are one thing, everybody gets something nice, it's full time placement you should be focusing on.
Thank you for the response and that’s a very good point. I’m sure it takes a lot of effort and performance but I have seen several program alumni that ended up placing on these teams full-time afterward on LinkedIn. It also looks like a handful of them progress really quickly (found 2 that made it to Director only ~4 years after the program).
If you weren’t offered to stay FT on one of these teams though, I’ve read in other threads that 1 yr experience in corp strat/dev through rotations can be enough to lateral to another company’s corp strat/dev team. That thread was tech industry specific so do you think telecom/media/entertainment would be different?
Also my main question is whether this seems like a good program relative to others (Microsoft, J&J, GE, etc.)? To my knowledge, GE’s for example, doesn’t offer corp strat or dev rotations and is mostly accounting-focused. Would that technically make Comcast’s better?
I'm in the same industry and went through an FDP program as well. For my company the capital markets/corp dev team required an MBA for permanent hires so if you are going to the program through UG, you won't get an offer on those teams, even if you do a rotation there.
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