Great Advice and Insight from GE Capital
Great Advice and Insight from GE Capital Heading link
Stacey Turner, Chief Finance Officer of GE Capital Commercial Distribution Finance division, and Erin Stieber, Senior Manager of Finance, came to UIC campus on Tuesday to interact with up-and-coming finance majors. I was personally impressed by their ability to both achieve admirable professional accomplishments and fulfilling personal lives. The two most important pieces of advice that Ms. Turner and Ms. Stieber provided us in order to succeed at GE Capital are to develop an expertise and to build relationships throughout the company.
Ms. Turner and Ms. Stieber shared with us a year in the life of GE Finance with the emphasis on long-term strategic discussions which usually take place in March. GE Finance pays particularly close attention to Profit & Loss statement and Balance Sheet. On the other hand, GE Finance is NOT about investment banking, public accounting, risk assessment, deal closing, and market research. I find this part of the discussion useful because it sheds light on the functions of GE Finance and what potential candidates can expect from working for GE Capital.
Ms. Turner also discussed the ideal GE Capital candidate as well as how to be successful once working for GE. As mentioned earlier, she highlighted the most vital elements, namely the constant development of expertise (quantitative and analytical skills are must haves) and relationship building skills. These skills have helped her accumulate multiple accomplishments within GE.
About the guest speakers:
Stacey Turner started her career with GE via GE’s Financial Management Program. Since then, she has been with GE for 26 years, moving through 10 jobs within the company. She earned an MBA degree from the Kellogg School of Management at Northwestern University while working.
Erin Stieber joined GE in 2005 and spent 4 years in GE Capital Real Estate. She moved to GE Healthcare in 2009, and now provides financial leadership to the Commercial Distribution Finance sales team. She earned an MBA from the Kellogg School of Management, Northwestern University.