
{"id":32610,"date":"2026-09-02T17:43:22","date_gmt":"2026-09-02T17:43:22","guid":{"rendered":"https:\/\/www.degreequery.com\/?page_id=32610---fafa3235-a2a8-4a3a-a659-579e7fc14214"},"modified":"2026-09-28T13:33:01","modified_gmt":"2026-09-28T13:33:01","slug":"is-a-finance-masters-a-good-start-to-becoming-a-cfo","status":"publish","type":"page","link":"https:\/\/www.degreequery.com\/finance-degrees\/is-a-finance-masters-a-good-start-to-becoming-a-cfo\/","title":{"rendered":"Is a Finance Master&#8217;s a Good Start to Becoming a CFO?"},"content":{"rendered":"<p>If you want to rise to the top in the world of finance, there\u2019s a good chance that a master\u2019s degree in finance \u2013 one of the <a href=\"https:\/\/www.degreequery.com\/highest-paying-masters-degrees\/\">highest paying master\u2019s degrees<\/a> \u2013 may catch your eye. For aspiring chief financial officers (CFOs), this graduate-level program of study in finance is a natural choice. The coursework you complete while pursuing a master\u2019s in finance degree, especially your classes in financial management, will supply you with the skills you need for this high-level role. Besides earning your master\u2019s degree in finance, you should focus on gaining experience in leadership roles and earning professional certifications to get ready for a role as a CFO.<\/p>\n<h2>How Master\u2019s-Level Studies in Finance Prepare You for a CFO Role<\/h2>\n<p>Most graduate degree programs in finance include courses in financial management, which, as you might expect, can help you succeed as a CFO. Students pursuing a master\u2019s degree in finance take coursework in the theory and analytical practices of corporate financial management, including planning and corporate policymaking. Courses such as economics for managers and managing accounting information for decision-making also help aspiring CFOs boost their management capabilities and add new skills to their repertoire.<\/p>\n<p>In a master\u2019s in finance degree program, you might also take graduate-level coursework specific to financial strategy. Studying international finance is a must if you wish to become CFO of a company with a worldwide reach, because you need to understand the factors that are specific to investment opportunities across the globe, including the risks they present.<\/p>\n<p>A master\u2019s degree program in finance isn\u2019t only for aspiring CFOs. Not all of your coursework emphasizes the skills you need for this role specifically. However, that doesn\u2019t mean your other degree requirements aren\u2019t valuable. The advanced skills you gain taking classes in capital investments, finance valuation, asset pricing, financial and quantitative analysis and financial information technology can help you develop more breadth and depth of knowledge in the field of finance. Having this knowledge can only help you, both as a CFO and in the various roles you hold as you make your way up to the C-suite level.<\/p>\n<p><strong>In some <\/strong><a href=\"https:\/\/business.vanderbilt.edu\/masters-in-finance\/curriculum\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>master\u2019s in finance programs<\/strong><\/a><strong>, students can customize their education through strategic selection of graduate-level electives. Aspiring CFOs may choose electives in mergers and acquisitions, corporate restructuring, business strategy and business law. \u00a0<\/strong><\/p>\n<h2>What Else You Need to Become a CFO<\/h2>\n<p><a href=\"https:\/\/www.degreequery.com\/wp-content\/uploads\/2021\/01\/Is-a-Finance-Masters-a-Good-Start-to-Becoming-a-CFO.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-32612\" src=\"https:\/\/www.degreequery.com\/wp-content\/uploads\/2021\/01\/Is-a-Finance-Masters-a-Good-Start-to-Becoming-a-CFO.jpg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.degreequery.com\/wp-content\/uploads\/2021\/01\/Is-a-Finance-Masters-a-Good-Start-to-Becoming-a-CFO.jpg 600w, https:\/\/www.degreequery.com\/wp-content\/uploads\/2021\/01\/Is-a-Finance-Masters-a-Good-Start-to-Becoming-a-CFO-300x200.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p style=\"text-align: center;\">IMAGE SOURCE: <a href=\"https:\/\/pixabay.com\/photos\/office-work-desk-meeting-pen-blog-4092613\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pixabay<\/a>, public domain<\/p>\n<p>Graduate school isn\u2019t strictly required for CFOs. Earning a master\u2019s degree is optional in preparation to <a href=\"https:\/\/online.maryville.edu\/online-masters-degrees\/accounting\/careers\/cfo\/\" target=\"_blank\" rel=\"noopener noreferrer\">become a CFO<\/a>. <a href=\"https:\/\/www.onetonline.org\/link\/summary\/11-1011.00\" target=\"_blank\" rel=\"noopener noreferrer\">O*NET<\/a> reported that only 26 percent of chief executives, including job roles like chief executive officer (CEO) and chief operating officer (COO), hold a master\u2019s degree. Large companies are particularly likely to choose top executives who have a master\u2019s degree, according to the <a href=\"https:\/\/www.bls.gov\/ooh\/management\/top-executives.htm#tab-4\" target=\"_blank\" rel=\"noopener noreferrer\">United States Bureau of Labor Statistics<\/a> (BLS).<\/p>\n<p>If an advanced education isn\u2019t the most important qualification for becoming a CFO, what is? Experience is, perhaps, the biggest factor. A chief financial officer has experience at many different levels of seniority. A CFO candidate is usually only promoted to this high-ranking role after acquiring considerable managerial experience, often starting at first-line supervisory roles and then progressing to mid-level manager roles and general manager positions.<\/p>\n<p>Although large corporations sometimes court outside CFOs who have plenty of name recognition, a lot of CFOs are promoted from within their companies, the BLS reported. They may have even started with the company in an entry-level analyst role and gradually advanced to more prestigious positions through their hard work and the impression they made on their supervisors.<\/p>\n<p>When it comes to preparing for a role as a CFO, quality of experience is at least as important as quantity of experience. That is, a company\u2019s directors don\u2019t just want to know how many years of experience a finance professional has in leadership and management. They want to see what the candidate has actually accomplished during their tenure in management to get an idea of what kind of an impact the candidate might make on the company\u2019s financial bottom line as CFO.<\/p>\n<p>Besides focusing on their education and their experience, prospective <a href=\"https:\/\/online.norwich.edu\/academic-programs\/resources\/how-to-become-a-cfo\" target=\"_blank\" rel=\"noopener noreferrer\">CFOs<\/a> can improve their opportunities by seeking out professional credentials. CFOs with a finance background may earn a Chartered Financial Analyst (CFA) certification, while those with accounting coursework and experience might be certified public accountants (CPAs).<\/p>\n<p><strong>Even if you opt to take a formal education route into the CFO career path, that may not mean a master\u2019s in finance degree. You might complete a <\/strong><a href=\"https:\/\/www.gsb.stanford.edu\/exec-ed\/programs\/emerging-cfo\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>certificate program in strategic financial leadership<\/strong><\/a><strong> or pursue your master\u2019s in accounting or business administration. <\/strong><\/p>\n<p><strong><em>Additional Resources <\/em><\/strong><\/p>\n<p><a href=\"https:\/\/www.degreequery.com\/how-advanced-does-my-degree-in-finance-need-to-be-to-get-a-good-job\/?swcfpc=1\">How Advanced Does My Degree in Finance Need to Be to Get a Good Job?<\/a><\/p>\n<p><a href=\"https:\/\/www.degreequery.com\/what-are-the-highest-paying-jobs-in-finance\/?swcfpc=1\">What Are the Highest-Paying Jobs in Finance?<\/a><\/p>\n<p><a href=\"https:\/\/www.degreequery.com\/will-finance-degree-make-rich\/?swcfpc=1\">Will a Finance Degree Make You Rich?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you want to rise to the top in the world of finance, there\u2019s a good chance that a master\u2019s degree in finance \u2013 [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":12452,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"mobius_hide_qdf":false,"mobius_hide_el":false,"mobius_limit":"","mobius_degree":"masters","mobius_category":"business-and-management","mobius_subject":"finance","inline_featured_image":false,"footnotes":""},"class_list":["post-32610","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is a Finance Master&#039;s a Good Start to Becoming a CFO? 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