Does Corp. Finance and FLDP's recruit as early as IBD?

I haven't been able to find much in terms of recruiting for corporate finance and FLDP programs. I'm finishing up my junior year and have an FP&A internship this summer. I'd take a FT job if offered, but I'm not sure if this is the industry I want to be working in.

Given that, I really need to start getting ready for recruiting if corporate finance recruits like IBD does. I've also been looking into FLDP's thinking I'd be a good candidate ( 3.9 GPA, FP&A internship, some EC's, only downfall is F500 doesn't do OCR at my school), but I couldn't find much about the recruiting for those programs either.

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Comments (7)

Best Response
May 1, 2017

Hey- I was in a similar situation to yours two years ago. Just finished junior year and was headed off to start my corporate finance internship. The company was great and I enjoyed the work, but I wasn't so sure about the industry. The company I interned for was an apparel company, and I thought that I would be more excited going to work each morning if I worked in the aerospace and defense industry.

I came from an unknown liberal arts school with no OCR from any company for any major, finance or otherwise.
At the end of my summer internship I updated my resume and started cold emailing people for A&D FLDP's. I got a response from one, which led to a few phone calls, which lead to an in-person superday, which led to an offer.

The timeline is as follows: the company received and reviewed resumes from mid-August to mid September. The company conducted on-campus interviews toward the end of September, and 2-3 students from each school were sent to final round superdays that occurred in mid October. Offers are sent out at the end of October. A few other candidates might be interviewed between Oct and Dec, but that's only to fill the spots of people who reneged.

What this means for you is that you want to start contacting people in August. Use LinkedIn to find who the FLDP leadership is, figure out their corporate email address, and contact them. If you can't find out who the leadership is, contact current members of the FLDP. As an outside candidate, you'll skip the OCR phase and go directly to the superday. You need to get in there before late September, when everyone is getting invited to superdays. With a 3.9 GPA and an internship, you would likely be one of the most qualified candidates the company will interview- provided you aren't socially inept.

Let me know if you have other questions! I'd recommend still shooting for an FLDP if you get a FT offer from your intern company. An FLDP gives a lot of great experience that you can't get anywhere else in the corporate world in so short a time. Best of luck!

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May 1, 2017

If you don't mind me asking, did you get a return offer from the apparel industry place you interned at that you were able to leverage when applying for FLDP?

Thanks!

May 1, 2017

I did not, but at the same time I didn't seek one out. I had to network my way into that internship, and the role I had as an intern was a role that they were looking to fill full time with someone who had a few years of experience (while I was there, the rest of the team absorbed the more complex responsibilities). So, if I wanted to return, I would have probably been in a different group.
This was a smaller company (<$5B sales), so they wouldn't sign me a full year ahead of time. When I left, they told me to contact them in the spring if I didn't have plans post-college. I was fully expecting to have to do so, but by October of senior year I was already signed by my current company (F100).

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May 1, 2017

When you were contacting people who were in the FLDP along with whoever ran it, were they alumni, or did you have to cold email? I'm afraid it's looking like I'm going to be having to do pretty much all cold emails. LinkedIn search brings up only a page of financial analyst's from my school, and no results for FLDP's.

May 2, 2017

Cold emails. My school is less than 15 years old, and I graduated in the second ever class with finance majors. When I tell people that I had zero alumni network, I mean literally zero. Here's a tip- reach out to first year FLDP's. They're feeling really lucky to have gotten in the program, and they were in your shoes only a year before. Also, they won't be that busy and you'll be one of the first people to inflate their ego by asking about their path and such. Even if you can't figure out their corporate email, they probably see their linkedin messages right away since they were just on the job market. I'd expect an amazing response rate from them. Hell, I'm a first year and I had someone reach out to me. I let them know exactly what the managers wanted to hear in the interviews, and they got an offer for the program.

Your ultimate goal is to get the contact information of the director of the FLDP. That person's job is to recruit and retain talent in the program, so they'll definitely respond to you. Also, apply online. It used to be that everyone applied online, so it became a black hole with no responses. So people stopped applying online. Now it's no longer a black hole. My office has some finance openings and my managers see each resume dropped online. Same thing while I was an intern, they saw every resume of those who applied online since there were only a few.

To reiterate: try to find the program director on LinkedIn. Figure out their email and contact them. If you can't figure out who they are, reach out to first-years and ask about their company and their path. Get the director's contact info from them. Clue: email address is almost always [email protected]

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May 2, 2017

Generally no. My observation was that those interviews occur around the mid-January timeframe for the upcoming summer.

May 3, 2017