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The two-year financial leadership fellowship at the University of Southern California is a collaborative and demanding leadership program designed to provide a unique career development opportunity.


Sponsored by USC’s Office of the Senior Vice President for Finance and CFO, the program provides fellows with hands-on experience in operations, strategy, budget planning and business services for finance management across the university and healthcare enterprise which has combined top line revenues to over $4.5 billion.

The program begins with an immersion period in the Office of the Senior Vice President for Finance and Chief Financial Officer—shadowing the CFO, attending executive meetings, and engaging in one-on-one conversations with executives and directors in financial management. Fellows then begin a series of elective rotations through areas in University Finance.

During their second year, fellows focus on a particular area of professional interest and take on a more active leadership role, while continuing to meet regularly with the CFO.

YEAR ONE

In the first few months of the fellowship, the fellow will work closely with the CFO, and meet regularly with executives, and directors. During this time, the fellow will craft a plan for the duration of the program that will shape the fellow’s path with rotations that fit his or her own leadership and career goals. Rotation areas include:

University Operations and Strategy:

·         Developing University Strategic Business Plans

·         Enterprise-Wide Risk

·         Project and Change Management

·         Capital Construction

·         Facility Management

·         Information Technology and Cybersecurity

 

University Financial Management:

·         Endowment and Investment Management

·         Budget, Treasury and Cash Management

·         Tax Reporting and Analysis

·         Financial and Business Operations

·         Student Financial Services

·         University Accounting and Audits

 

Health System Operations and Strategy:

·             Developing Health System Strategic Business Plans

·             Hospital and Physician Business Operations

 

Health System Financial Management:

·         Financial Planning, Budgeting and Reporting

·         Revenue Cycle Operations and Analytics

·         Procurement and Supply Chain Operations

 

Academic Operations, Strategy and Finance:

·             Financial Planning, Budgeting and Reporting

·             Academic Information Technology

·             Financial Support of Research Administration and Analysis


YEAR TWO

In the second year of the program, the fellow will identify an area of concentration to focus their work, based on individual career goals and organizational needs. The fellow will submit periodic progress reports to the Senior Vice President for Finance and CFO. By the conclusion of the fellowship program, the fellow will have gained specific real-world expertise and skills as they pursue their next career goal.

 

REQUIREMENTS

Education: Master’s degree in Business Administration or a related field of study with financial or quantitative emphasis.

Candidate Profile: The ideal candidate is energetic, collaborative and self-motivated. A team player with excellent written and verbal communication skills, strong financial and analytic skills, and proven academic success. Committed to USC core values: caring and respect for one another; diversity; team spirit; commitments to service; search for the truth; informed risk-taking; integrity; and ethical conduct.

APPLICATION PROCESS

The two-year financial leadership fellowship begins in August.

To apply for the program, send a resume and statement of purpose including career objectives and motivation to pursue the fellowship opportunity no later than April 15. Include applicant name in subject line and send to the attention Fellowship Program Coordinator at svpfinance@usc.edu.

Candidates who advance beyond the first round of interviews will be asked to submit the following:

·         A sample financial case study or business plan (team-based or individual work).

·         Sealed, official transcripts from their undergraduate and graduate institutions.

·         Three letters of recommendation, including at least one letter from a faculty member of the 
           candidate’s graduate program.