How to Become a CFO in 6 Steps

[@Cmacoach]

What's your current job title? Comment below! 👇

[@hernandayolearyallda]

Can you do a video on your own career progression and experience?

[@cledara]

Nathan, this is a fantastic breakdown of the steps to becoming a CFO! Your insights into the career path are spot-on, especially for aspiring finance professionals! We recently analyzed the career paths of over 100 tech CFOs, and one surprising finding was that many came from non-traditional backgrounds, with 60% not starting in finance. It's great to see that there’s more than one way to get there.

[@Cmacoach]

Hi. Thank you for sharing that fascinating insight! It's truly interesting to see how diverse the backgrounds of successful CFOs can be. I wrote an article on my blog about how to become a CFO. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@gregoriolocatelli7582]

Hi! Audit in big4 could be a good start?

[@Cmacoach]

Hi Gregorio. Yes, starting your career in audit at a Big 4 firm can be an excellent step towards becoming a CFO. This experience provides a deep understanding of financial reporting, internal controls, and business processes. It also offers exposure to various industries and builds a strong foundation in accounting and finance, which are crucial skills for a CFO. Also, I wrote an article on my blog about how to become a CFO, it will surely help you a lot. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@fabiocaboni8992]

Wow, very interesting video! Do you think it's better to start your career as a financial analyst or in the audit world in order to become a CFO? Thanks!

[@Cmacoach]

Hi Fabio. Thank you for the kind words about the video! Choosing between starting as a financial analyst or in auditing depends on your interests and career goals. Both paths can lead to a CFO role. Financial analysts gain valuable experience in forecasting, budgeting, and strategic analysis, while auditors develop strong skills in compliance, risk assessment, and internal controls. Consider which skills and experiences align best with your career aspirations. Both paths offer valuable insights and can be stepping stones to becoming a CFO. I wrote an article on my blog about how to become a CFO, it will surely help you a lot. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@justinlindsey9105]

Would pursuing a career as a financial advisor look good for applying for a CFO position?

[@Cmacoach]

Hi Justin. Pursuing a career as a financial advisor can provide valuable experience in financial management and client relations, which are beneficial skills for a CFO role. I wrote an article on my blog about how to become a CFO, it will surely help you a lot. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@skariah967]

Sir which designation is good to launching a new job after cma us

[@Cmacoach]

Hi. After obtaining your CMA US, seeking roles in financial planning and analysis, strategic management, or cost management could be very advantageous. These areas directly benefit from the CMA's focus and can help in elevating your career in finance and accounting. I wrote an article on my blog where I talk about all the CMA careers if this is something you'd like to explore further. Click here to read it: cmaexamacademy.com/cma-careers/ref/nathan/

[@usapotato3490]

I don't know what course should I take for my degree. Which course is better for me to become a CFO.

[@Cmacoach]

Hi. In addition to this video, I wrote an article on my blog about how to become a CFO. It's one of my most popular articles on my site. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@chaitanyaramareddi3025]

Is a BS in economics a good educational foundation?

[@Cmacoach]

Hi. Sure! A BS in Economics can provide a strong foundation for a career as a CFO. It offers analytical skills, understanding of markets, and economic principles that are valuable in financial leadership roles. However, complementing it with accounting or finance certifications and courses will enhance your qualifications for CFO positions. Also, I wrote an article on my blog about how to become a CFO. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@josiahmitchell8594]

How long does it take to get a CPA certification?

[@Cmacoach]

Hi. Obtaining a CPA certification typically takes several years. This includes completing a 150-credit hour educational requirement, passing the CPA exams, which can be completed within 18 months, and fulfilling 1-2 years of accounting experience. The exact timeline can vary based on individual circumstances and state-specific requirements. I wrote an article on my blog about CMA and CPA certifications. You can read it here: cmaexamacademy.com/cma-vs-cpa/ref/nathan/

[@chaitrakamate4110]

sir what about acca?

[@Cmacoach]

Hi. I have an awesome resource that’ll give you more information about ACCA and other certifications. Check it out here: cmaexamacademy.com/cma-vs-cgma-vs-acca/ref/nathan/

[@ayushirathi6928]

How possible it is for a Investment Bankers to Become CFO ?? And what will the trajectory be like ?? I am going to do mba next year and aiming for IB

[@Cmacoach]

Hi. Absolutely, investment bankers can become CFOs. The typical path involves gaining diverse finance experience, possibly an MBA for broader business insight, and progressing through strategic finance roles. I wrote an article on my blog about how to become a CFO. It may be helpful for you: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@T34M875]

Hi! How can i become an managment consultant ad what will the entry salary and salary after 5 years . Pls tell if you know

[@Cmacoach]

Hi. To become a management consultant, a strong educational background in business or a related field is essential, often supplemented by specific certifications like CMA or CPA. Entry-level salaries vary widely depending on location and firm, but with experience, professionals in this field can see significant salary increases.

[@Curtisboschhhh]

Is a chartered accountant a good career if i want to become a CFO

[@Cmacoach]

Absolutely, becoming a Chartered Accountant is a fantastic career path if you're aiming to become a CFO. The training and experience you gain as a Chartered Accountant provide a strong foundation in financial management, strategic thinking, and leadership skills, all of which are crucial for a CFO role. I wrote an article on my blog about how to become a CFO. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@bappy2453]

link is not working

[@Cmacoach]

Hi. Please tell me which link you need and I will share it with you here in the comments

[@Long_live_ISRAEL]

Thank you !

[@Cmacoach]

You're welcome!

[@dhikshith._m3094]

It is a great video ther Can you help me in figure out if cfa will help me become a better cfo Thank you

[@Cmacoach]

Hi. CFA focuses on investment management, portfolio analysis, and financial analysis, providing deep financial knowledge that can be valuable for strategic decision-making. While it's not specifically tailored to the CFO role like the CMA, which emphasizes management accounting and corporate finance, a CFA can complement your skills, making you more versatile and enhancing your understanding of the financial markets, which is beneficial for any CFO. In addition to this video, I wrote an article on my blog about how to become a CFO, it will surely help you a lot. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/

[@yasseralmawali1434]

Can I call you for consultation?

[@Cmacoach]

Hi. To book a 15-minute pre-enrollment call with one of our CMA coaches, please use this link and select the day and time that works best for you: go.oncehub.com/cmaexamacademy On the scheduling form, there's a section where you can add specific questions about our 16-week Accelerator program. We'll go over those questions during the pre-enrollment call. We look forward to our chat and answering your questions about the CMA exam and how our 16-week Accelerator Program will help you pass your exams on the first attempt.

[@aboobackar.k2811]

AFTER ACCA WHICH COURSE IS BETTER TO GET CFO UNDER 7YEAR😢

[@Cmacoach]

Hi. After completing ACCA, pursuing a CMA or CPA could be strategic choices to accelerate your path to becoming a CFO depending on the role and company requirements for their CFO position. Consider your specific career goals and the industry you're in to choose the best fit for enhancing your qualifications. I wrote an article on my blog about how to become a CFO. It may be helpful for you: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@aboobackar.k2811]

Thanks❤

[@raymondhansen4482]

Financial Analyst !

[@Cmacoach]

Raymond, that's a fantastic milestone towards your path to becoming a CFO.

[@raymondhansen4482]

@@Cmacoach thank you. I follow u on LinkedIn! When the time is right I plan on going through with the CMA Academy. I’m in tune! Thank you ! I just received an FMI scholarship (discount) and I’ll take that designation first.

[@Cmacoach]

Hi Raymond. That's fantastic news about receiving the FMI scholarship, and congratulations on taking that step! It's great to hear about your plans for the CMA Exam Academy in the future. On my blog, you can find more valuable information about CMA and accounting. Click here to learn more: cmaexamacademy.com/blog/ref/nathan/ Whenever you're ready to start, I'll be here to support you on your journey.

[@raymondhansen4482]

@@Cmacoach thank you for everything coach! I truly appreciate it!

[@rohanvyas9325]

Just curious, since graduating from college, how many years did it take to become Financial Analyst?

[@veddantmajumdar9576]

Can a tax consultant become cfo

[@Cmacoach]

Hi. Yes, a tax consultant can become a CFO with additional experience in management accountants. Many CFOs have diverse backgrounds in various areas of finance, including tax consultancy, which provides a strong foundation in financial strategy and compliance. I wrote an article on my blog about how to become a CFO. You can read it here: cmaexamacademy.com/how-to-become-a-cfo/ref/nathan/

[@asifkhan-zt3dl]

Finance Specialist

[@Cmacoach]

That's a great stepping stone on your journey to the CFO role.