There’s a lot of debate around the “best” place to start your career: Investment banking? Private equity? Corporate finance? Equity research?
But if you go the corporate finance route, there’s no debate over the best, or at least most “prestigious,” option within corporate finance: General Electric’s Financial Management Program (FMP).
It has been around for almost 100 years (created in the 1930s), and 75% of GE’s Chief Financial Officers went through it!
The only problem is that if you try to read about it online, you run into corporate speak and buzzwords galore, but little real information.
I actually graduated from the program and then left GE to start my own business, so I want to give you a realistic, non-sugar-coated version of what you do, what a “rotational program” in corporate finance means, and just how lucrative / prestigious it is.
Plus, we’ll take a look at how it compares to IB roles and answer the #1 question on your mind: is there any reason to forget about IB and become an FMP instead?
What Exactly IS a “Financial Management Program” (FMP)?