How to Apply
A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.
Who We Are
The Finance Development Program (FDP) hires recent undergraduates with an interest in finance, strategy, and healthcare. The rotation-based program offers an enriching two-year experience involving several areas of Michigan Medicine, with the goal of developing strong financial abilities, leadership acumen, and a deep knowledge of the business side of healthcare. Rotations and responsibilities are dynamic in nature, based on each individual's interests and competencies, but all participants will encounter a diverse financial, analytical, and consultative rotation experience. In addition to the projects done on rotation, analysts also have the opportunity to continue investing in the program itself, including participating in peer mentorship, recruiting on campuses, and program planning.
Mission Statement
Michigan Medicine improves the health of patients, populations, and communities through excellence in education, patient care, community service, research, and technology development, and through leadership activities in Michigan, nationally, and internationally. Our mission is guided by our Strategic Principles and has three critical components: patient care, education, and research that together enhance our contribution to society.
Responsibilities*
The FDP is aimed at recent college graduates interested in the healthcare industry who are searching for a challenging, yet rewarding, career in a dynamic environment. The goal of the program is to develop the skills and experiences needed by analysts to accelerate and advance their careers at Michigan Medicine.
Analysts in the FDP complete rotational assignments within Michigan Medicine, or with Michigan Medicine strategic partners. During these rotations, analysts will complete a plethora of projects that build financial and professional skill sets, offer exposure to leadership, and develop an understanding of Michigan Medicine and the healthcare industry.
Projects will vary for each analyst in the FDP, based on the program member's interests, skills, and development aspirations. Potential subject areas include finance, accounting, strategy, business planning, capital investment, cash forecasting, and many other forms of financial and strategic analysis.
FDP projects often require the collaboration of different functional teams, giving program members a unique perspective, and a better understanding of how Michigan Medicine operates. Additionally, some projects allow for engagement with external stakeholders, including insurers, government entities, strategic partners, and pharmaceutical companies.
Examples of previous rotations include Central Finance, Department of Surgery, Department of Psychiatry, Department of Urology, Emergency Medicine, Internal Medicine, Basic Sciences, Mid-Michigan Health System, Revenue Cycle, Treasurer's Office, Clinical Design, Reimbursement, Medical School Finance, Enterprise Financial Reporting and Analysis, Clinical Financial Planning and Analysis, Financial Systems, and Real Estate.
Required Qualifications*
Candidates must meet the following qualifications:
- Recent graduate from a Bachelor's program with a concentration in Finance, Accounting, Business, Healthcare Administration, Economics, Statistics, or Math. Students graduating from other Bachelor's programs with a strong interest in finance and/or healthcare are also encouraged to apply.
0-2 years of professional experience or an equivalent combination.
Desired Qualifications*
Ideal candidates meet the following qualifications:
- Resourceful and driven to achieve quality results
- Strong written and verbal communication skills
- Strong analytical skills with an attention to detail
- Customer-oriented
- Collaborative
- Able to adapt to a dynamic work style
- Technical acumen, including Excel proficiency, as well as basic relational database skills
Why Join Michigan Medicine?
Michigan Medicine is one of the largest health care complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees, and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world?s most distinguished academic health systems. In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.
What Benefits can you Look Forward to?
- Excellent medical, dental, and vision coverage effective on your very first day
- 2:1 Match on retirement savings
Modes of Work
Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.
Background Screening
Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third-party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.
Application Deadline
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.
U-M EEO Statement
The University of Michigan is an equal employment opportunity employer.