Private Equity Financial Managers

High School

In high school, take classes in business, economics, mathematics (algebra, geometry, calculus, statistics), accounting, government, and computer science (especially database management). Strong communication skills are important so be sure to take as many speech and English classes as possible.

Postsecondary Education

Financial managers typically have a minimum of a bachelor’s degree in finance, accounting, economics, or business administration. Many large firms seek job candidates with a master’s degree in business administration, economics, accounting, finance, or taxation.

AACSB International accredits colleges and universities that offer undergraduate and graduate degrees in accounting and business. Visit https://www.aacsb.edu/accredited#gsc.tab=0 for a list of accredited programs.

Other Education or Training

Many professional associations provide continuing-education opportunities. For example, the American Institute of Certified Public Accountants offers a variety of educational opportunities via online self-study and web events and more than 60 annual conferences and workshops. Past classes included Professional Ethics: The American Institute of Public Accountants' Comprehensive Course, U.S. GAAP: Review for Business & Industry, and Preparation, Compilation and Review Staff Essentials. The Association of Financial Professionals provides in-person seminars and webinars on financial risk management, advanced financial statements and credit analysis, cost leadership, cash flow forecasting, and software programs such as Microsoft Excel. The Chartered Institute of Management Accountants, Global Private Capital Association (formerly the Emerging Markets Private Equity Association), Financial Executives International, CFA Institute, Institute of Internal Auditors, Institute of Management Accountants, Association of Corporate Treasurers (formerly the National Association of Corporate Treasurers), and accounting and finance associations at the state and local levels also provide professional development opportunities. Contact these organizations for more information.

Certification

Certificate programs are provided by the Chartered Institute of Management Accountants (business accounting), the Association of Chartered Certified Accountants (international auditing and international financial reporting), and the American Institute of Certified Public Accountants (International Financial Reporting Standards). They are excellent ways to build your skills and knowledge. Contact these organizations for more information.