Ge efs associate program

I did it as a summer internship and the people were extremely nice and the culture is very supportive. Definetly different than a bank. EFS is very laid back. I didnt work there but some of my intern friends did. They expect to keep their FMPs as long as possible, i. Pay at FMP is much lower than IB , even with some cost of living stipends at different business units. I agree that FMP is a pretty good experience, but keep in mind that you spend 6 months at each rotation then move on.

There are very different rotations among FMP i. No end of year bonus mentioned. Heard somewhere FMPs interns got a larger sign on bonus this year. Thanx for the info. I am already in B-School and I am wondering if you have an idea of the pay for associate level too. I expect the bonus will be less relative to IBs' bonus but what abt the base relative to what associates earn in IBs?

In speaking with him about his experience, it sounded like the bureaucracy and the overll risk-adverse nature of the organization influenced his experience quite a bit.

He noted how is counterparts at other PE firms or investment banks were getting a far more dynamic experience and able to see a higher volume of deal-flow than he was at EFS.

Thanx for those words of encouragement. Do u know how the base pay there ranks with the base pay in banks associate level. I know the bonus is far less Guys - Relatively an old post, but I wanted to clear up some things thats been posted. Most associates are MBAs from top institutions, Corporate Audit Staff, or have some experience in the energy sectors, i-banking, or consulting.

Second, the nature of the work is comparable to private equity. The business is divided into underwriting and portfolio. Underwriting works with originators who find the deals , and they are the ones who structure and perform due diligence on the deals until closing.

The group also has a VC arm as well that invests alongside top-tier VC firms. Third, the pay is far below what you can expect to get at a bank, but to be honest, I have no clue what the BB banks are paying these days. The hours will depend on which group and what side underwriting vs portfolio you are on. As far as pay goes, base salary is similiar to 1st year IB analysts, but the bonus is not even close check out www. The experience would be excellent and as you move up the pay gets better as evidenced by an SVP on glassdoor.

Does that sound about right? That doesn't mean you're going to be making banker money, but you don't go to GE to get rich. Check out their website as it has a lot of info on current projects, who they're teamed up with on various deals, etc. We hired a guy from this group as well and he was very sharp. He came in with very advanced modeling skills and in his current group power sales one of the top performers.

I've heard they used to be very legit, but talked to somewhere who works there now, and GE has seriously scaled down this business But the kids I've seen do well out of GE are the Ivy types. The State Schools kids either stay at GE or move around to more middling exit ops. Good place to start and advance your career. They move you around and you are already on the buy side.

Any insight regarding the full time recruiting process at the analyst level? How are the interviews? A lot of their projects are capital structuring for projects. No, I just accepted an offer for this summer. I'm a junior now and will probably be looking at full-time recruiting for IB. I worked pretty hard to get into a BB for investment banking but it didn't work out. This is not a good idea, in order to leverage this opportunity, you need to actually work there.

Sorry I slipped up. I DID accept this job offer. I was just asking about how I could leverage project finance for IB. Wait, why did you turn down project financing in an energy group?

I'm curious because I'm interested in working for an energy company and in project financing. As long as you aren't mopping the floors you are going to learn a TON and have some serious transferrable skills either internally or externally. I'm sorry, I made a mistake when I wrote this. I AM accepting the offer from GE. I just wanted to ask what might be most transferable from project finance to IB. Does anybody have experience with having a project finance internship like GE's Energy Financial Services that they used to get into IB?

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