Chief Financial Officers

High School

In high school, take classes in mathematics (algebra, geometry, calculus, statistics), business, economics, history, accounting, government, and computer science. Developing strong communication skills is also important so be sure to take as many English and speech classes as possible.

Postsecondary Education

Chief financial officers (CFOs) typically have a minimum of a bachelor’s degree in finance, accounting, business administration, or economics. Many large companies require their CFOs to have a master’s degree in business administration, economics, accounting, finance, or taxation.

Certification

The Association of Chartered Certified Accountants offers certificate programs in international auditing and international financial reporting. The Association of International Certified Professional Accountants offers certificate programs in International Financial Reporting Standards, COSO internal control, and other fields. Contact these organizations for more information.

Other Education or Training

Many associations provide continuing-education opportunities. Financial Executives International, for example, offers webcasts, conferences, and self-study programs in topics such as financial reporting, general management practices, taxation, and personal development. The Association of Financial Professionals provides webinars and in-person seminars on financial risk management, capital budgeting, cost leadership, cash flow forecasting, and software programs such as Microsoft Excel. The American Management Association, Association of Corporate Treasurers, Association of International Certified Professional Accountants, CFA Institute, and the Institute of Management Accountants also provide professional development opportunities. Contact these organizations for more information.

Additionally, many large companies offer management training programs that help develop workers who are identified as being “management material.”