Friday, September 30, 2011

Magic terms for final year MBAs: LDP, PDP & MDP !

Near the end of your MBA program, you shall hear a few terms on some career websites that excite you:
LDP: Leadership Development Program
PDP: Professional Development Program
MDP: Management Development Program  and so on...

These are 2 year programs that various companies have for the sake of new graduates and final year MBA students. Companies hire promising students and then train them for 2 years for a future Leadership or Management positions. There are various programs in the field of Finance, Marketing, Supply Chain & Logistics, Sales, Accounting, Human Resources and so on.Here is some info on what is expected of the candidates who apply:

Here is a sample from a company website:
The ____ MDP is a program with a history of more than 20 years of attracting top MBA talent into ___ company. The intent of this program is to develop a pool of talent with the potential to fill commercial / general management positions. The program provides the opportunity for experience in multiple commercial functions, businesses and locations in addition to mentoring and individualized growth plans. By acquiring a broad base of experiences early in their careers, MDP participants are positioned for future commercial management roles in the company. This is a Global program with international offers and global assignments.

Preferred qualifications:
  • MBA from a reputable program
  • 3 to 5 years of professional experience
  • Leadership Potential
  • Demonstrated core competencies
  • Interest in Healthcare
  • Track record of professional and academic accomplishments
  • Strong analytical skills
  • Positive temperament
  • Professional presence
  • Strong communication skills
  • Global mindset
  • Geographic mobility and flexibility

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