RoyHalladay
What companies have strong LDPs in the healthcare/biotech area? What are the job opps like after completion?
I would say for the most part, health care companies are not general management type rotational programs, they are generally either marketing LDPs OR finance LDPs, at least if you are looking at products (biotech/pharma/devices). Services/delivery and insurance are often a bit different.
So, many have commercial/marketing LDPs. These would work very similarly to what a CPG company would. You might rotate through different brands or different stages of marketing (market research, early stage, late stage) and then you just pick or interview for a spot on a team at the end. I don't think it's necessarily a huge jump once you finish your LDP. Marketing programs tend to have a very set promotional structure...do this for two years, then do this for four years, etc.
Pharma/biotech companies almost always include a sales rotation, and this might be one of only two rotations.
Pretty much all of the major companies have these. Amgen, Genentech, Merck, J&J, Medtronic, BMS, Lilly. Probably many more that I'm not thinking of off the top of my head.
I think Cigna and Aetna both have LDP programs that do rotate through different functions. I don't know how they exit out though.
Hospital/provider/delivery is just a whole different beast I think. There are a couple that were mentioned earlier that have specific MBA recruiting, but others you have to come through residencies (for which the pay really sucks to start out) and some hospitals just aren't structured the same as a corporation. You might have a performance improvement/quality improvement job in which you end up doing a mix of operations and finance, rather than rotating through departments.
As mentioned above, I've noticed that many Pharma companies appear to offer either Marketing or Finance LDPs/rotations. If anyone out there would care to surmise, do you believe that joining one of the Finance rotations would be the beginning of the track to CFO?