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Vault Message Board: General Electric Company

Topic Name: My 2 cents on the FMP
Message Name: Post FMP
Date Posted: 03/13/2006
In Reply To: If you wanna go for an MBA, my advice is very simple: don't ever tell anyone in GE. GE doesn't sponsor MBAs, and talking about this desire of yours can only be harmful to your GE career, in my opinion. However, having a good GE background can help you a great deal win admission to some of the top MBA programs. It really depends on what you want to do. If you still want to work as a finance leader, I'd say there ain't much point in an MBA, but if you wanna change (general management, consulting, banks...) then it might be a good choice.
Message: I was recently hired into FMP. I know that salary raises occur every 6 months(at rotation). Are there any other bonuses? Relocation stipends? And lastly, once finishing FMP, what proportion of graduates move onto CAS, elsewhere in GE Finance, other(and what are the other places they head)? I understand that GE does not want to hear one is leaving for an MBA, but how much does FMP help with admission to the top programs (top 10)? One of my reasons for pursuing an MBA is career advancement and salary. By attending a top 10 MBA program, I know salaries command ~100K. How does post FMP compare salary wise? I do not want to come across as only caring about money, but when about to start a family it is important to know. Thank you!

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