Financial  Management  Program
Finance at GE Winner of “Training and Building a Finance Team” Award   CF0 Magazine “ GE Offers the Best in Hands-On Exper...
“ The Basics” FMP Development 2 Years Emphasis on Total Development . . . Financial, Leadership and Personal GE Focused Co...
Skill Development <ul><li>Financial Skills </li></ul><ul><li>Working Knowledge of Financial Accounting, Management Account...
Rotations <ul><li>Financial Planning & Analysis </li></ul><ul><li>Product Line Profitability </li></ul><ul><li>Long/Short ...
Coursework 4 Intensive Graded Courses . . .  Taught by GE Finance Professionals FMP Develops a Common Functional Skill Set...
<ul><li>FMP Graduates   70% </li></ul><ul><li>Corporate Audit Staff Experience   65% </li></ul><ul><li>Average Number of G...
FMP in India <ul><li>Started in the Year  1994   </li></ul><ul><li>Total Graduates till date:  66 </li></ul><ul><li>OFF pr...
Priya Oscar <ul><li>FMP 2001 Batch </li></ul><ul><li>1st Rotation: Manufacturing Finance, GE Appliances - Mumbai </li></ul...
<ul><li>Demonstrated Leadership Experience </li></ul><ul><li>Academic Excellence  </li></ul><ul><li>Analytical Ability </l...
So Why Should I Join? <ul><li>Opportunity for Unparalleled Career Growth </li></ul><ul><li>Company that Is Strong, Diverse...
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  1. 1. Financial Management Program
  2. 2. Finance at GE Winner of “Training and Building a Finance Team” Award CF0 Magazine “ GE Offers the Best in Hands-On Experience and Prepares Young People for as Much Responsibility as They Can Handle” PN Roy Financial Executives Institute “ The Team’s Main Goal Is To Groom Finance Professionals Who Are Adept at Growing the Beans as Well as Counting Them.” CFO Magazine “ GE Is Considered the Benchmark. It’s One of the Leaders in Innovative Training and Cultural Change.” A. Cowan, Chrysler Corporation Join A World Class Team!
  3. 3. “ The Basics” FMP Development 2 Years Emphasis on Total Development . . . Financial, Leadership and Personal GE Focused Coursework Leadership Training Mentoring & Networking Exposure Rotational Assignments Continuous Feedback
  4. 4. Skill Development <ul><li>Financial Skills </li></ul><ul><li>Working Knowledge of Financial Accounting, Management Accounting and Business Measurements </li></ul><ul><li>Analysis of Drivers, Relationships and Results, Clearly and Concisely Communicated </li></ul><ul><li>Ability to Quantify Benefits, Risks and Outcomes </li></ul><ul><li>Critical Thinking Skills </li></ul><ul><li>Analyze Situations and Strategies Against Logical Criteria, Evaluate Potential Outcomes </li></ul><ul><li>Move from Factual Results to Root Causes, Combine Knowledge, Experience and Judgement with Data </li></ul><ul><li>Evaluate Information, Anticipate Consequences and Develop Recommendations </li></ul>We Want You to Build Skills , Not Merely Accomplish Tasks Critical Thinking Skills Finance Skills Basic Courses Advanced Courses Working Knowledge In-Depth Understanding
  5. 5. Rotations <ul><li>Financial Planning & Analysis </li></ul><ul><li>Product Line Profitability </li></ul><ul><li>Long/Short Term Forecasting </li></ul><ul><li>Variance Analysis </li></ul><ul><li>Accounting/Auditing </li></ul><ul><li>Financial Reporting </li></ul><ul><li>Closing the Books </li></ul><ul><li>Accounting Standards </li></ul><ul><li>Operations Analysis </li></ul><ul><li>Mfg. Cost Analysis </li></ul><ul><li>Sourcing </li></ul><ul><li>Sales & Marketing Finance </li></ul><ul><li>Pricing </li></ul><ul><li>Orders Analysis </li></ul><ul><li>New Product Introduction </li></ul><ul><li>Challenging Work </li></ul><ul><li>Structured Assignments </li></ul><ul><li>Defined Deliverables </li></ul><ul><li>Regular Reviews </li></ul><ul><li>Diverse Experiences </li></ul>Meaningful Assignments That Have Real Impact On Bottom Line… Key To Development Is Variety Of Experience <ul><li>Quality </li></ul><ul><li>Six Sigma Tools </li></ul><ul><li>Root Cause Analysis </li></ul><ul><li>Variation </li></ul><ul><li>Span </li></ul>
  6. 6. Coursework 4 Intensive Graded Courses . . . Taught by GE Finance Professionals FMP Develops a Common Functional Skill Set <ul><li>Financial & Management Accounting </li></ul><ul><li>Business Planning </li></ul><ul><li>Financial Statement Analysis </li></ul><ul><li>Process Improvement </li></ul><ul><li>Foundations </li></ul><ul><li>CD-Rom Based </li></ul><ul><li>Interactive Self-Study + Classroom Sessions </li></ul><ul><li>Cost Management </li></ul><ul><li>International Operations and Related Risks </li></ul><ul><li>Financial Services </li></ul><ul><li>Operations </li></ul><ul><li>CD-Rom Based </li></ul><ul><li>Interactive Self-Study + Classroom Sessions </li></ul><ul><li>Risk Assessment </li></ul><ul><li>Audit Techniques - Operational and Financial Controls </li></ul><ul><li>Controllership </li></ul><ul><li>Case Study Based </li></ul><ul><li>Classroom Sessions </li></ul><ul><li>Operational Strategy </li></ul><ul><li>Competitive Analysis </li></ul><ul><li>Customer Economics </li></ul><ul><li>Strategy </li></ul><ul><li>Case Study Based </li></ul><ul><li>Classroom Sessions </li></ul>Green Belt Certification
  7. 7. <ul><li>FMP Graduates 70% </li></ul><ul><li>Corporate Audit Staff Experience 65% </li></ul><ul><li>Average Number of GE Businesses 4 </li></ul><ul><li>Global Experience 60% </li></ul><ul><li>Cross-Functional Experience 35% </li></ul><ul><li>External Experience 30% </li></ul>A Look at the Experience of the 20 Largest Business CFOs Shows … FMP & Corporate Audit Staff are Global & Multi-business Experiences that are Highly Valued … and 50% of these Businesses CEOs came through FMP/CAS! Highly Valued
  8. 8. FMP in India <ul><li>Started in the Year 1994 </li></ul><ul><li>Total Graduates till date: 66 </li></ul><ul><li>OFF program FMP’s into Global GE roles: 28 (India: 38 ) </li></ul><ul><li>Current FMP’s on Program: 40 </li></ul><ul><li>Some key leadership positions include: </li></ul><ul><ul><ul><li>Finance Controller, GE Industrial Systems, Asia Pacific </li></ul></ul></ul><ul><ul><ul><li>Manager Finance, Industrial Systems, Middle East </li></ul></ul></ul><ul><ul><ul><li>Asia Pacific Risk and Cash Flow Manager in Japan </li></ul></ul></ul><ul><ul><ul><li>Investments Manager for Asia in US </li></ul></ul></ul>Future GE Leadership Pipeline
  9. 9. Priya Oscar <ul><li>FMP 2001 Batch </li></ul><ul><li>1st Rotation: Manufacturing Finance, GE Appliances - Mumbai </li></ul><ul><li>2nd Rotation: Financial Planning & Analysis, GE Medical Systems -- Bangalore </li></ul><ul><li>3rd Rotation: Pricing, GE Countrywide -- Mumbai </li></ul><ul><li>4th Rotation: Audit Staff Rotation, USA </li></ul><ul><li>Off Program Assignment : Corpoarte Audit Staff -- USA </li></ul><ul><li>FMP 2001 Batch </li></ul><ul><li>1st Rotation: Financial Planning & Analysis, SBI Cards -- Delhi </li></ul><ul><li>2nd Rotation: Operations Analysis, GE Corporate -- Delhi </li></ul><ul><li>3rd Rotation: Manufacturing Finance, GE Appliances -- USA </li></ul><ul><li>4th Rotation: e-biz Operations Analysis -- GE Capital, Delhi </li></ul><ul><li>Off Program Assignment : Chief Financial Officer, GE Global Technology Solutions, Bangalore </li></ul>Amarjyoti Barua What Do The Assignments Look Like? Wide Variety Of Rotations
  10. 10. <ul><li>Demonstrated Leadership Experience </li></ul><ul><li>Academic Excellence </li></ul><ul><li>Analytical Ability </li></ul><ul><li>Strong Communication and Interpersonal Skills </li></ul><ul><li>Relevant Academic and/or Work Experience (Applicants with 0-12 months experience) </li></ul>Ready to Learn, Contribute, and Succeed We’re Looking For...
  11. 11. So Why Should I Join? <ul><li>Opportunity for Unparalleled Career Growth </li></ul><ul><li>Company that Is Strong, Diverse, and Global </li></ul><ul><li>Chance to Make Meaningful Contribution to Business </li></ul><ul><li>Exposure to Business Leaders </li></ul><ul><li>Continuous Development - Learning Culture </li></ul><ul><li>Culture that Recognizes and Rewards Excellence </li></ul>We Invest In Your Future!

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