Bachelor of Science in Business Administration: Learn What it Takes to Be a Chief Financial Officer (CFO)

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.

Did you enjoy this article? Read more like it by subscribing to our RSS feed today!

Click on a program or degree below to request information from the school of your choice. There are no obligations and it's completely free!

Strayer University

Our flexible academic programs in today’s most sought-after career fields make it possible for you to earn a competitive MBA or your master's, bachelor's, or associate's degree on your schedule, without interrupting your personal or professional life.

Accounting - Associate in Arts About | Request Info Accounting - Bachelor of Science About | Request Info Accounting - Diploma About | Request Info Accounting: Accounting - Executive Graduate Certificate About | Request Info Accounting: Accounting Information Systems - Executive Graduate Certificate About | Request Info Accounting: Advanced Accounting - Undergraduate Certificate About | Request Info Accounting: Controllership - Executive Graduate Certificate About | Request Info Accounting: Introductory Accounting - Undergraduate Certificate About | Request Info Accounting: Taxation - Executive Graduate Certificate About | Request Info Acquisition and Contract Management - Associate in Arts About | Request Info Acquisition and Contract Management - Bachelor of Business Administration About | Request Info Acquisition and Contract Management - Diploma About | Request Info Banking - Bachelor of Business Administration About | Request Info Business Administration - Associate in Arts About | Request Info Business Administration: Acquisition - Executive Graduate Certificate About | Request Info Business Administration: Acquisition and Contract Management - Undergraduate Certificate About | Request Info Business Administration: E-Business - Undergraduate Certificate About | Request Info Business Administration: Human Resource Management - Executive Graduate Certificate About | Request Info Business Administration: Management - Executive Graduate Certificate About | Request Info Business Administration: Management - Undergraduate Certificate About | Request Info Business Administration: Marketing - Executive Graduate Certificate About | Request Info Business Administration: Small Business Management and Entrepreneurship - Undergraduate Certificate About | Request Info E-Business - Bachelor of Business Administration About | Request Info Economics - Associate in Arts About | Request Info Economics - Bachelor of Science About | Request Info Finance - Bachelor of Business Administration About | Request Info Hospitality and Tourism Management - Bachelor of Business Administration About | Request Info Human Resource Management - Bachelor of Business Administration About | Request Info International Business - Bachelor of Science About | Request Info Legal Studies - Bachelor of Business Administration About | Request Info Management - Bachelor of Business Administration About | Request Info Marketing - Associate in Arts About | Request Info Marketing - Bachelor of Business Administration About | Request Info Master of Public Administration - Master About | Request Info Master of Science in Accounting: Accounting Information Systems - Master About | Request Info Master of Science in Accounting: Controllership - Master About | Request Info Master of Science in Accounting: Public Accounting - Master About | Request Info Master of Science in Accounting: Taxation - Master About | Request Info MBA: Accounting - Master About | Request Info MBA: Acquisition - Master About | Request Info MBA: Finance - Master About | Request Info MBA: Health Services Administration - Master About | Request Info MBA: Hospitality and Tourism Management - Master About | Request Info MBA: Human Resource Management - Master About | Request Info MBA: Information Systems Management - Master About | Request Info MBA: International Business - Master About | Request Info MBA: Management - Master About | Request Info MBA: Marketing - Master About | Request Info MBA: Professional Studies - Master About | Request Info MBA: Project Management - Master About | Request Info MBA: Public Adminstration - Master About | Request Info Retail Management - Bachelor of Business Administration About | Request Info

Westwood College

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.

Associate Degree - Business Administration About | Request Info Bachelor Degree - Business Administration - Marketing / Sales About | Request Info Bachelor Degree - Business Administration: Major in Accounting and Financial Management About | Request Info Bachelor Degree - Business Administration: Major in Fashion Merchandising About | Request Info Bachelor Degree - Business Administration: Major in Healthcare Management About | Request Info Bachelor Degree - Business Administration: Major in Management About | Request Info Bachelor Degree - Business Administration: Major in Marketing Management About | Request Info Bachelor Degree - Business Administration: Major in Retail Management About | Request Info Master Degree - Business Administration (MBA) About | Request Info Master Degree - Master of Business Administration About | Request Info

South University

At South University, we'll help you make the most of your potential - starting with a quality education that's backed by more than 100 years of dedication to excellence and personalized attention.

AS in Accounting About | Request Info AS in Business Administration About | Request Info AS in Business Administration - Hospitality Management About | Request Info BBA (Bachelor of Business Administration) About | Request Info BBA in Accounting About | Request Info BBA in Construction Management About | Request Info BBA in Finance About | Request Info BBA in General Business Administration About | Request Info BBA in Hospitality Management About | Request Info BBA in Human Resources Management About | Request Info BBA in Management and Leadership About | Request Info BBA in Marketing About | Request Info BBA in Real Estate About | Request Info BBA in Supply Chain and Logistics Management About | Request Info MBA (Master of Business Administration) About | Request Info MBA in Accounting About | Request Info MBA in Entrepreneurship and Small Business About | Request Info MBA in Finance About | Request Info MBA in Hospitality Management About | Request Info MBA in Human Resources About | Request Info MBA in International Business About | Request Info MBA in Management Information Systems About | Request Info MBA in Marketing About | Request Info MBA in Sustainability About | Request Info MPA (Master of Public Administration) About | Request Info MPA in Non-Profit About | Request Info MPA in Public Policy About | Request Info MS in Leadership About | Request Info

ITT Technical Institute

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.

Associate Degree - Business Accounting Technology About | Request Info Associate Degree - Business Administration About | Request Info Bachelor Degree - Business Accounting Technology About | Request Info Bachelor Degree - Business Accounting Technology / Financial Accounting Option About | Request Info Bachelor Degree - Business Accounting Technology / Internal Controls Option About | Request Info Bachelor Degree - Business Administration About | Request Info Bachelor Degree - Business Administration / Finance Option About | Request Info Bachelor Degree - Business Administration / Human Resources Management Option About | Request Info Bachelor Degree - Business Administration / Marketing Management Option About | Request Info Bachelor Degree - Business Administration / Marketing Option About | Request Info Bachelor Degree - Business Administration / Project Management Option About | Request Info Bachelor Degree - Technical Project Management About | Request Info Masters Degree - Business Administration (MBA) About | Request Info

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. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.