F500 Corporate Finance Leadership Programs
Where do Financial Leadership Analyst/Rotational programs typically lead? For example, I currently have applications in for internships at F500's like Verizon, Lockheed Martin, and AmerisourceBergen that would give me an opportunity (if I'm good) to work FT out of undergrad in leadership/rotational programs. After the 2-3 years in these programs, what job titles and comps are typically available within the company?
I second that question.
And how does competition at F100-500 compare to investment banking?
I'd also like to know this. I know one girl who is starting at a O&G firm in their finance leadership rotational program. She said only something like a dozen got hired, so that's not a whole lot, but is the competition slightly less tough than banking or is it pretty substantial?
http://www.wallstreetoasis.com/forums/the-other-road-corporate-developm… All you need to know.
Corp dev ≠ F500 Finance Leadership Program though.
For the record, I am interested in CorpDev also, but just looking for what options would be there.
Competition is definitely less than banking. Still not easy to get but definitely attainable, especially for non targets. Comp is generally 70-80 base after graduating the program, depending on the industry. Tech pays more, industrials pay less, etc. Generally you'll go into a middle management type role in fp&a, accounting, etc. FLDP's are best for people who want to stay in corporate finance.
Where does the pay tend to hit after, say, 5 to 10 years?
Depends on how you do what area you get into. But it increases like you would expect in a f500. It's possible ten years out to be making ~150k but that's not normal for CF jobs. High 5 figures low 6 figures is going to be the norm for most graduates.
Agree with most of the sentiment. I did a leadership program with a large European bank and enjoyed the experience and exposure. Not banking, but still great experience and good on your resume. If you want to go to business school I think it would be a strong addition to the application.
Much better than just going into a F500 position without the program though.
Exit Ops...F50 FLDP Grad, atypical CF experiences (Originally Posted: 01/05/2015)
A little background - graduated in 2010 from a non-core school (double major, summa cum laude) and landed a highly-regarded F50 FLDP opportunity. Did two roles within the program - one very high level consolidations/ad hoc strategic project role supporting a global CFO, the other a start-up e-business where i played sales/marketing/supply chain/IT just as much as finance.....almost no budgeting/journal entries/accounting in either. Upon graduation I took another relatively atypical role (for a promotion) doing competitor performance analytics (and constant strategic ad hoc requests) with huge exposure to the corporate CFO and his staff, as well as several business leaders and countless MBB consultants.
Upon taking another role internally and having to live a few short months in a world of typical CF (journal entries, budgeting, landing the year....) I'm looking for a path out. Just curious what types of exit ops members of the forum have heard of for someone in CF with a little more strategic background than just supporting budgets and doing repetitive deliverables (ex..I've heard of offers for Deloitte S&O).
Any perspective would be much appreciated!
Some things that come to my mind are corp dev, business dev, FP&A Manager, or to join a startup at a high level
B-school if you want to change functions totally. It seems like you would be a good candidate if you got a good score on the GMAT.
To go into any area of business you want, go for a top MBA. Without the MBA your options probably include: -Corporate Development -Corporate Strategy (more like high-level internal consultants) -FP&A (financial strategy) -Startup (you can and will do anything/everything) -Consulting (but it will probably be a tough switch - worth a shot though if you want it)
rarbayview Just curious, any update? Can PM me if you like... I'm fast approaching the same sort of situation.
I'm in a similar situation and interested in any additional info. I know some people who have left for start ups and consulting but it does not seem to be an easy move. Would something like passing a level or 2 of the CFA make the switch to equity research possible/likely? Fell free to PM me. Thanks!
FLDP Exit Opps Question (Originally Posted: 08/22/2013)
If you do a FLDP (f500) and then go to b-school, would it be possible to land an IB or PE job in the industry you did the FLDP in? I've heard that FLDP is good for getting in to b-school, but if the above is not a possible path, I don't see why it matters so much that you can get in to a good b-school.
Yes, especially if you have that goal in place for your internship between year 1 and 2 as well as during networking events over those two years in school.
f500 FLDP --> IBD (Originally Posted: 05/11/2011)
*disclaimer - first post!
Recently got hooked on this site! IB being my end goal, there are great resources here. I have stepped up my networking game considerably and gotten a better understanding of the industry.
background on me: coming from a non-target, 3.3 overall gpa (3.7 finance for what it's worth) with an organic chemistry minor. I took my best offer at the time of graduation, FLDP in a science related f500. I'm halfway through the program and I've decided I can better utilize my personality and technical skills if I could break into an IBD analyst role. I'm halfway through the program now, one upside is I will likely be placed in an M&A rotational for 6 months next.
So I realize it's backwards, most people go ibd to f500. What do you guys think it's going to take? I have only gotten serious responses from valuation analyst positions thus far. MBA down the road is in my mind but I'd like to focus on pre-MBA if I can.
Hi Brutus, I have a similar background to you F500 FLDP (tech) to corpdev/M&A at my company. I have seen 1-2 folks from our program leave to go to IBD...so it's definitely possible. I would say that your best bet it to wait until you complete your rotation in M&A then start trying to network your way into IBD. In your M&A rotation you will most likely be working with bankers that come and pitch to you. I would suggest that in the course of these types of conversation you try to network and then you try to make the jump over. Hopefully during your 6 mo. M&A rotation you will be able to get some deal experience so that you can pitch the IBD guys on your interest in M&A, deals, the industry, etc. In all reality the folks I've seen that have done it have moved over as analysts and then have been successful in moving to associate roles after 2 years in banking meaning that although you may have 3-4 years experience and move into an associate role (so a bit behind your "class") if banking is what you want then its worth it to take the 1-2 year hit in career trajectory. If you are not able to network your way in then the next best bet is to go the MBA route then try to move to IBD.
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