Graduating from a non-target in December, looking to get some relevant experience and then move on to something related to IB/corp dev hopefully down the road, probably after MBA.
I am looking at a few options, and although I will most likely apply for everything, I'm wondering in what order would you rank the following. I know none of them are directly related to IB type skills, but not everyone has those options so the rest of us have to start somewhere:
- 2yr audit program at large lender - pros: get to learn about every industry, how it operates, drivers, etc..
- financial leadership/development program - 2-3yr rotational program, seems like most programs rotate you through areas like internal audit, fp&a, etc.. seems boring but doable, and some offer the chance to do a rotation in corp strat
- finance at a F500 company - will be like the development program but stuck in one area (not corp dev)
those are 3 options im looking at right now. the first 2 i would anticipate the salary to stay pretty flat during the 2-3 years since its a program, while the 3rd im sure will change (probably very little) with time.
I think #2 would be the hardest to get, and #1 seems the most "interesting" of all 3. but that doesn't necessarily mean it will be in my best interest, so i turn to you guys for opinions.
What type of financial leadership/development program are we talking about here? Can you give more details?
Given your original post, I would say #3 would be the best bridge to get into IBD.
My private equity/finance blog: http://youngempire.wordpress.com/
There are many financial development programs at F500 companies - most seem the same. I am not talking about one specifically, just the general idea. For example, GE'S FMP. J&J has one, Pfizer, etc..
3 would be the best? Doing budgeting and FP&A is most relevant?
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