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Program Overview
 
The Finance Development Program (FDP) hires undergraduate juniors with an interest in finance, strategy, and healthcare to complete a summer internship. The project-based program offers an enriching summer experience involving several areas of Michigan Medicine, with the goal of enhancing financial abilities, leadership acumen, and knowledge of the business side of healthcare.
 
Top-performing interns are eligible for offers to join the full-time, rotation-based, two-year program the following summer. The goal of the full-time program is to offer increased development of the skills and experiences needed by analysts to accelerate and advance their careers at Michigan Medicine through in-depth, six-month projects throughout the organization.
 
Position Description
 
Over the summer, candidates will work on two project-based assignments spanning a wide range of Michigan Medicine operations and skills sets. As an analyst, candidates will gain exposure across areas including financial governance, departmental analysis functions, and assisting with senior leadership responsibilities.
 
Rotational opportunities include, but are not limited to:
  • Clinical Financial Planning and Analysis
  • Enterprise Financial Reporting and Forecasting
  • Financial Systems
  • Medical School Finance
  • Reimbursement
  • Real Estate
  • Strategic Finance and Business Consulting

Upon completion of the program, analysts will have developed their finance and leadership skills alongside extensive industry knowledge. Improvement and learning will be showcased through a work portfolio developed over the course of the program. 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, and strategic partners.

For additional information, please visit our website:  http://fdp.med.umich.edu
 
Qualifications
 
Candidates must meet the following qualifications:
Completing junior year of 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.

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

A cover letter is required for consideration for this position. The cover letter should address your specific interest in the position and outline skills that directly relate to the role.
 
Additional Information
 
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.