Top Leadership Development Programs

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.

If I may add,
Vikram inquired about change in the industry. What about change in functions within the industry? (pharmaceutical research >> pharmaceutical finance)
what about changing both industry and function? (although, I guess pharmaceutical research cannot really only change industry ..)

Great info here, thanks. Since there aren't any general management type LDPs in pharma/healthcare, what would be the best path to take to end up in a leadership position at a Merck, J&J, BMS, etc type company? Management Consulting?

First, if we're talking health care (and actually probably not only health care), recruiting is primarily domestic unless you're willing to work in your home country. At least this is the case for marketing, I'm less familiar with finance, but assume it's the same.

Switching industries and functions is difficult but not impossible. Switching industries and switching functions are both do-able, I think switching industries is probably a little easier.

In case of switching industries lets say from Intel engineer->Mckinsey consultant would my chances of landing into job depend on the summer internship and would my summer internship acceptance depends on the grades in mba ?

if there are any other points that should be taken care please advice

I guess I don't really understand what you're asking.

I am an electronics engineer in Intel. i am evaluating my chances of landing into mckinsey after mba.
1) Would my chances of landing into mckinsey depend on the summer internship ??
2) Also, how would i convince a consulting firm for internship e.g. would my technical background be a hindrance
3) Can i improve my chances of landing into consulting by performing well in MBA exams

I hope i clarified, please tell if i am not clear

just a thought, can i get into mckinsey WITHOUT MBA, i mean if i get a stellar gmat 760+ can i get into mckinsey right away. mckinsey consults semiconductor companies as well. would my experience in semiconductors + high gmat(showing good analytical abilities) be able to get me into mckinsey

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.