According to the Bureau of Labor Statistics, a large number of top company executives have a bachelor of science in business administration or a graduate degree in a related discipline. Although there is no concrete path towards becoming the Chief Financial Officer (CFO) of an organization, a bachelor of science in business administration can provide a solid foundation for future work experiences and CFO opportunities. Formal training in business equips students with the critical thinking skills necessary to make sound business decisions and qualifies them for higher earnings over the course of a lifetime.
What Does a CFO Do?
The CFO shoulders the responsibility for the financial goals, objectives, and budget of the entire organization. CFOs, with a background in bachelor business administration degree education, direct the investment activities of the company and are tasked with managing related risks. They also oversee the organizations cash management and capital raising plans to support expansion of the company. Finally, it is the CFO with a bachelor of science in business administration, or an even higher degree, who is heavily involved in mergers and acquisitions.
Required Education to Become a CFO
A bachelor of science in business administration alone is not sufficient to secure a CFO position. CFOs must have practical work experience and a set of essential skills necessary for success. According to the Department of Labor, CFOs must have good personal skills, an analytical mind, and clear communication abilities. However, a bachelor of science in business administration can be a stepping stone towards the career path of a CFO. For example, Kaplan University students enrolled in the Bachelor Business degree online program have the opportunity to learn from experienced business professionals who have decided to teach at the university level. Students can further boost employment prospects by selecting a specialty in business such as marketing, business security and assurance, finance, or management of information systems.
Prospective students who are interested in learning more about a Bachelor of Science in Business Administration may visit College-Pages.com, a leading education and career resource website. Students will find an extensive list of available Bachelor of Science in Business Administration programs as well as informative articles for making education and career decisions.
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Westwood College isn't your typical institution of higher learning. With our career-focused education, students can earn a bachelor's degree in just three years and some associate degrees in as little as 20 months.
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| Bachelor Degree - Business Administration: Major in Marketing Management |
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With convenient class locations as well as online learning, University of Phoenix makes quality higher education highly accessible. Whether you’re seeking an associate’s, bachelor’s, master’s or doctoral degree, we can help you reach your goal while you work – and much sooner than you might expect.
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An accredited online university founded in 1970 and dedicated to enabling the success of working professionals around the world. Join 33,000+ students making a positive change in their careers and the lives of others.
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At ITT Tech we are committed to helping men and women develop the skills and knowledge to pursue many opportunities in fields involving technology, criminal justice, and business.
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Whether you want to change or advance your career, Kaplan University will help you get the education you need for the life you want to live. Offering online flexibility, the personal attention of a campus-based experience, reduced costs, financial aid assistance, and a quicker path to your degree, Kaplan University is a smart choice for working adults.
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Florida Career College has been specializing in career training since 1982. All our programs are specially designed with employers' requirements in mind. We train individuals who want to succeed in the fields of Allied Health, Cosmetology, Information Technology, and Business and Wellness.
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As an accredited university, Capella University takes online education to a higher level. We believe that real, life-changing learning happens in an environment of academic excellence, challenge, and personal connection.
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Founded in 1970, American InterContinental University offers a wide range of Associate, Bachelor's and Master's degree programs. Our institution of higher learning is focused on helping students acquire industry-current knowledge and skills as they pursue, build and advance their careers in many of today's most in-demand fields.
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Programs at Argosy University are geared to your lifestyle. Depending on the program you select, you may be able to choose from day, evening and weekend schedules. Many of our classes are accessible online providing outstanding instruction and resources no matter where you are or what time of day it is.
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Tags: business, business administration, finance, management
This entry was posted
on Sunday, February 22nd, 2009 at 11:49 am and is filed under Business and Management.
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