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 is an institution of higher learning dedicated to providing quality, career-focused undergraduate and graduate programs that prepare students with the knowledge, skills, and credentials needed to launch, enhance, or change careers. The College offers broad access to education and serves a diverse, multicultural body of students in an environment that promotes pride, respect, and teamwork. The College's programs are designed to empower students to pursue their individual career goals.
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Our programs are current, in depth, and job oriented. A sound educational background, combined with "hands-on" experience, is required to meet the needs of an ever-changing and increasingly technical society.
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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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Saint Leo University Online is a leading provider of accredited online education to working adults and is a major global provider of education to the military. The online programs are designed to meet the growing needs of adult students and offer the best attributes of traditional classroom education in conjunction with today's most innovative computer technology.
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Courses that you can take with you---the varied curriculums at HoHoKus Rets School of Business have been evaluated by the American Council on Education, allowing graduates to earn up to 55 college credits at more than 1500 colleges and universities across the nation.
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At Western International University (West), we've provided degree programs for working adults for more than 30 years. We understand that classes must not only fit your schedule - with all of its obligations and commitments - but compete fiercely for your time and attention.
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Bellevue University, a leader in adult learning, is your best choice. We accept ALL of the credit in your associate's degree - that's EVERY credit in your A.A.S, A.S., A.G.S., and A.A. degree! And, Bellevue University gives you accelerated bachelor's degree completion 100% ONLINE. So, you enroll with your associate's degree, and complete your bachelor's degree in as little as 12 months.
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Tags: business, business administration, finance, management
This entry was posted
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