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Baxter International Inc. Making a Meaningful Difference in Healthcare
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Baxter International Inc. At Baxter, we are a global diversified healthcare company applying innovative science to develop specialty therapeutics and medical products that save and sustain patients’ lives.
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Company Snapshot Over 70 years of market leadership driven by a well-recognized global brand $9.5 billion global market leader More than $1.5 million invested in R&D every day Over 50% of sales and earnings outside the United States Approximately 48,000 employees around the world in more than 250 facilities
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Baxter’s Business Portfolio Balanced, global portfolio with strong franchise breadth and depth Well-recognized global brand that drives market leadership Focus on essential therapies for life-threatening conditions Leveraging capabilities across businesses to provide high quality, cost-effective products and services BioScience Medication Delivery Renal $3.5 billion $4.0 billion$2.0 billion
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As economic expansion continues in developing countries, their spending on health care will increase Sixty-seven manufacturing facilities in 28 countries Global Presence W. Europe U.S. Japan Asia Latin America GDP Per Capita Health-Care Expenditures Health-Care Expenditures Per CapitaCanada China Expanding Global Presence to Meet Patient Needs
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Making a Difference in the Community In 2004, Baxter and The Baxter International Foundation together contributed approximately $15 million worldwide to communities in need. Additionally, Baxter donated approximately $7.9 million in vital medical products, primarily through the international disaster relief and humanitarian-aid organization AmeriCares.
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Financial Development Program A rotational program aimed at bringing strong talent into Baxter, developing, then deploying that talent into the organization as a foundational building block to Baxter’s future success It is expected that the FDP shape strong analysts and future leaders for Baxter’s finance function
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Financial Development Program Four rotations, approximately nine months each Functional skills are developed through technical training and on- the-job training in various finance disciplines Both domestic and international rotational assignments are available. Approximately 25% of the rotations are international: Europe: Belgium, Ireland and Switzerland. Asia / Other: Canada and Australia US: Northern Illinois, California and various plant & satellite offices scattered through the States
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FDP Training Associates have the opportunity to complete 7 modules of training throughout their tenure, each lasting 2 to 3 days Training is focused on providing an in-depth Baxter perspective on various Accounting/Finance and business related concepts The modules are: Orientation/Financial Systems Reporting & Analysis Supply Chain and Manufacturing Planning Audit and Consolidations Tax and Treasury Business Development
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Typical Rotations Financial Planning and Analysis Corporate Audit International Finance Corporate Tax Financial Information Systems Manufacturing Finance Financial Reporting
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Life After the FDP: Graduates Henrik Wahlberg FDP Grad Nov 2003 Talha Ashraf FDP Grad June 1999 Sr. Business Analyst Renal Europe Switzerland Sr. Manager Portfolio Analysis Medication Delivery Others: Reta Hall (1996) Dir, Planning & Reporting, Europe Bob Hombach (1989) VP Finance, Europe Mary Kay Ladone (1989) VP, Investor Relations
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FDP Candidate Profile Accounting or Finance undergraduate major 15 hours of accounting coursework Record of academic excellence Demonstrates drive & initiative, a positive attitude, critical/analytical thinking, interpersonal skills, sound decision-making, flexibility, strong communication and willingness to learn from others Willing to relocate for rotations
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Recruitment Timeline Full-time Finance Career FairDate: 9/14 1 st /2 nd Rounds Pre-night EventDate: 10/26 Indiana Memorial Union, University Club – 7 PM 1 st Round InterviewsDate: 10/27 2 nd Round InterviewsDate: 10/28 Summer Internships Interviews in February/March Timeframe
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