Intern
Joined: 03 Jun 2008
Posts: 18
Schools:Ross (accepted), Booth (waitlist), McCombs (withdrawn)
Re: GE Rotation program
[#permalink]
28 Jan 2009, 09:17
My girlfriend is an undergrad alum of the FMP (Financial Management Program) rotation at GE, so I can try to speak to it.
The program was as advertised. 4 6-month rotations through different GE businesses, along with supplemental course work that needs to be completed at night.
A couple things that aren't really advertised:
1) Unlike most corporate training programs, GE seriously cares about your grades in the classes. One of my girlfriend's coworkers was swamped at work, and didn't perform well in a class, and she was forced to retake it...essentially adding another 6 months to her FMP.
2) The rotation matching process is a massive source of stress. If you aren't on top of it, and not spending the time to build a network and know what you want, you will get stuck with bad rotations. Bad rotations could be ones that are working over New Years Eve (yes, even at GE), or could be rotations stuck in the middle of nowhere.
3) Post Rotational Program job matching - As a grad of the training program, you aren't guaranteed a job at GE. You still have to use your network (see point 2) to find the right role. You go through a competitive interview process, and there's always the chance that you won't land the job you want.
Overall, she liked the FMP program. She found a good role in Leveraged Finance after the program ended, and has been there for the past few years. Of course, GE is going through a massive restructuring, so a lot of jobs are at risk. I'm not sure what impact this will have on their training programs, but you might want to do a bit more digging before signing on with GE.
Hope this helps!