The Finance Fellowship Program is a 12-month rotation-based training program that provides an opportunity for the Fellow to develop a broad understanding of the Finance function, enhance his/her analytic capability, and develop leadership skills through a combination of experiences which include observation & reflection, project ownership & practical application, self-study, and exposure to management throughout the organization.
Fellows are given challenging projects to develop analytical, finance and health care operations skills with exposure to key metrics, concepts, facilities and structure, terms, regulating bodies, clinical services, industry trends, systems, applications and platforms.
Fellows will be paired with a mentor throughout the program who will provide guidance and support to the Fellow. This also serves as an opportunity to network and connect with leaders and co-workers throughout the organization in various departments.
The Finance Fellowship Program provides the Fellow with exposure to various departments within the Finance function. The Fellow will rotate within the following departments.
- Financial Operations
- Performance Transformation
- Enterprise Analytics
- Decision Support
- Revenue Cycle
- Supply Chain
At the start of the program, the Fellow will participate in a weeklong boot camp in which various leaders will present numerous healthcare topics to acclimate the Fellows to the organization and the healthcare industry.
Within each rotation, the Fellow will attend meetings, assume responsibility for projects and assist in supporting key strategic goals. At the completion of each rotation, the Fellow will exemplify leadership skills by presenting what was learned and by training the incoming rotating Fellow, as applicable.
- Targeting undergraduate students nearing graduation with a focus in finance, business administration or related field
- Recommended 3.0 GPA
- Full Time (40 hours)
- Three fellowship slots available
- Achieves specific accountabilities:
- Attends key meetings and actively listens/participates appropriately.
- Completes assignments on time and to expected standards.
- Gains comprehensive understanding of each rotation’s function and how that function supports the organization.
- Gains basic understanding and knowledge of the healthcare system (i.e. key metrics, concepts, facilities and structure, terms, regulating bodies, clinical services, industry trends, systems and applications).
- Supports the philosophy, policies, and procedures of Froedtert Health.
- Meets personal goals as determined in collaboration with executive sponsor and program mentor.
Applicants are processed after they submit applications with all of the following:
- Transcripts (sent directly from the institution)
- Personal statement of interest
- Two letters of recommendation (from manager, professor, or coach)
- Presentation (on skills, competencies, or completed projects)
Potential candidates will be invited for interviews.
The Froedtert & the Medical College of Wisconsin regional health network is a partnership between Froedtert Health and the Medical College of Wisconsin supporting a shared mission of patient care, innovation, medical research and education. Our health network operates eastern Wisconsin's only academic medical center and adult Level I Trauma Center at Froedtert Hospital, Milwaukee, an internationally recognized training and research center engaged in thousands of clinical trials and studies.
The Froedtert & MCW health network, which includes four community hospital campuses, more than 1,600 physicians and nearly 40 health centers and clinics, draws patients from throughout the Midwest and the nation. In our most recent fiscal year, outpatient visits exceeded 1.1 million, inpatient admissions to our hospitals were 49,250 and visits to our network physicians totaled 932,000.
Froedtert & MCW Community Physicians
Froedtert & the Medical College of Wisconsin Community Physicians is built on the existing partnership between southeastern Wisconsin’s only academic medical center and our community clinics and hospitals. Our unique academic-community partnership allows us to provide the most appropriate and comprehensive care to all of our patients.
We recognize that patients prefer to receive care close to home. Our integrated network of health care comprises more than 30 clinics and 250 physicians across seven counties. Patients have convenient access to physicians in communities close to their home or workplace, along with access to highly specialized care and clinical trials at southeastern Wisconsin’s only academic medical center.
Medical College of Wisconsin
The Medical College of Wisconsin is a distinguished leader, providing cutting-edge, collaborative patient care of the highest quality in hospitals and clinics across Wisconsin. Our researchers discover and translate new knowledge in biomedical and health sciences to transform healthcare. We educate the next generation of doctors, scientists and pharmacists through innovative programs on three campuses across Wisconsin. The Medical College has approximately 1,650 faculty and approximately 3,445 full-time employees. The Medical College is the eighth largest private employer in metro Milwaukee and has approximately 15,000 alumni.
There are more than 1,260 students enrolled in educational programs at the Medical College. This includes 900 medical students on 3 campuses and 450 graduate students. College faculty supervise 700 physicians in residency training and 250 students in fellowship training through the Medical College of Wisconsin Affiliated Hospitals. The Medical College offers accredited residency and fellowship training in 90 medical specialties and subspecialties.
Medical College Physicians
Medical College Physicians (MCP) is the adult clinical component that is fully owned by the Medical College. MCP employs approximately 1,500 clinical providers in 19 clinical departments. These providers see patients at 5 health systems, 10 hospitals, and 38 clinical locations in the region. It is the largest physician group practice in the state of Wisconsin and the 7th largest academic practice in the United States.