I noticed this thread and saw many poeple with direct experience with GE. I have until December 15th to make a decision. Yes, 9 days! Here is the scenario:
I recently received an Offer from GE- Commercial Finance for a position as an Investment Analyst. I wanted to know what you all felt about this position and program specifically. How does it stack up with FMP? I looked at both programs before I showed interest and chose to go after only one and that was the IA program. Has anyone been involved with the program or heard anything about it. The pay is somewhat lower than expected, but that is not my top priority out of college.
Also, what is the career path like. On the GE site it is listed as: "IA-> In-Charge analyst-> Business Analyst-> underwriter-> Underwriting/Marketing VP"
However I am not interested in Underwriting what-so-ever. Also, this program is listed as a Commercial Lending Leadership Development Program. However, I wanted to know how reputable this program would be and if it would be considered "formal training". I have an offer from LaSalle Bank for their Commercial Leadership Development Program as a credit analyst. I also have an offer from JPMorgan as an analyst for Private Client Services. I would like to know how you all would rank these and what you all thought would provide me with the best opportunities in the future. I know that ultimately it boils down to what I would be happier doing and what I am most interested in. Thanks for your help!
ps. Those of you that work for GE, or have worked for GE in the past. ANY words of advice would be great.
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How realistic is the possibility of moving into CAS after an engineering role with GE? I have seen the percentage of non-FMP personnel is around 25%.
Obviously engineers can get to the top of GE (Jack Welch...). Is CAS still an optimal path, or even feasible? If it is possible, where do those engineers typically come from (what company etc)
I am an engineer looking to get on the GE CAS. So I spoke to an executive audit manager the other day and got some statistics. Here is my general impression -
80% of the people do come from a finance background; and most of those come from teh FMP program. But the other 20% are a mixture of non-FMP people and many of them come into the CAS from some type of leadership development program. But this is not a necessity, nor a requirement.
It is very possible to get onto the audit staff under your own steam as an engineer - that is my goal at least. The toughest part is getting the sign off. You need some pretty higher up (CFO of your division) to sign off on your applciation as well as a business manager, the GM of your division, etc. Once you have those, and you have top 10% of the talent pool and are differntiating yourself you can apply to the program.
At this point, it appears that everyone who has gone through the process and applies gets to go on the Pilot program which is a month long and will give you a taste. Once you finish that you get to move on (should you choose) to full time 2 year commitment to audit staff.
It is 100% travel, but not really. You are living somewhere new every 4 months, but you stay in once place for hte most part. They pay for you to come home very 2 weeks for the weekend (so relationships are basically long distance) but everything you do is T&L so you don't really pay for much.
I liken the CAs to a GE MBA. Because Ge is so big you might be working on a finance company one month and an infratructure/hardware company the month after that. so it gives you a very diverse background. I am not sure how "sale"-able the audit staff is for outside type work - so if I go through CAS with GE and then wnat a job outside i don't know how favorably companies will look on audit staff as compared to an actual MBA. But if you can do it, it will catapult you through GE very quickly.
The quote I got is that every year you stay in Audit staff is another 3 years off your career path.
I am interested in the GE CAS program and I am also interested in getting my MBA and CPA while doing it. Can someone please explain how this works?
I know that I could do a part time MBA.
However, for a CPA, don't I need enough accounting units in school and work experience in an accounting firm? Or, do you take classes when you on in CAS that counts towards your CPA? In addition, do the hours you spend in CAS qualify for CPA accounting work hours?
Is this correct - 6,432 views of this thread? Why?
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I am interested in the GE CAS program and I am also interested in getting my MBA and CPA while doing it. Can someone please explain how this works?
Doing either an MBA or a CPA during CAS is impossible. Doing both is laughable. If you already had the required accounting credit hours and had passed the CPA exam, you could probably use CAS to fulfill the work experience requirement to become a fullly licensed CPA. However, I believe the CPA requires you to work under a CPA, and you may not always have that option on CAS (I would guess that the majority of CAS'ers do not have a CPA).
Or maybe this is the hottest place on the Internet to find GE CAS jobs...
Funnily enough, if you google "ge corporate audit staff" this thread comes up #1 in the results, and GE's own offical HR page for CAS comes up #2. The irony is delicious...
I started my career on GE's FMP program and after completing that and having a regular GE job for a few years I joined CAS. This was in the mid 1990's. It was one of the best experiences of my life. The current CAS associate gave a pretty good summary of the pros and cons. One other important thing to know is that to even get accepted onto the program, you'll have to complete a one month pilot, which is basically one a one month assignment/interview where you travel with an audit staff team, learn first hand what they live like and what they do. They will see through you right away if you are there for monetary reasons alone. That is not what they want. This is by no means an easy program to be accepted to nor to stay on. The feedback is honest, frequent and, in my experience, fair. Promotions are a true weeding out process and not for the weak-hearted. That said, it is exhilarating for the bright and inquisitive mind and an unparalleled program for someone wanting to catapult their career. This is the fast track to becoming a leader at GE, not to a quick retirement. Good luck with your decision.
Hello All,
Was searching for some valuable information on what the assessment day for CAS looks like and ran into this thread. Can anyone asssist please with the peculiarities.... what to expect and all? The assessment day is sometime later this month and I believe this is a fantastic oppotunity I don't want to miss out on.
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