Bachelor of Science in Business Administration Learn What it Takes to Be a Chief Financial Officer (CFO) 2019

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. .u7775c2c48cbc3050206c87ba13f86898 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u7775c2c48cbc3050206c87ba13f86898:active, .u7775c2c48cbc3050206c87ba13f86898:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u7775c2c48cbc3050206c87ba13f86898 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u7775c2c48cbc3050206c87ba13f86898 .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u7775c2c48cbc3050206c87ba13f86898 .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u7775c2c48cbc3050206c87ba13f86898:hover .postTitle { text-decoration: underline!important; } READ Roads to an IT Career - Institutes of ITRequired 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. .u64bb9c4514b8f8d787ac9e22ec6f80ff { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u64bb9c4514b8f8d787ac9e22ec6f80ff:active, .u64bb9c4514b8f8d787ac9e22ec6f80ff:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u64bb9c4514b8f8d787ac9e22ec6f80ff { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u64bb9c4514b8f8d787ac9e22ec6f80ff .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u64bb9c4514b8f8d787ac9e22ec6f80ff .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u64bb9c4514b8f8d787ac9e22ec6f80ff:hover .postTitle { text-decoration: underline!important; } READ Online Engineering Education Career Opportunities in Food and NanotechnologyRelated ArticlesBachelor Business Administration Degree Online Learn What it Takes to Be a Chief Information OfficerNonprofit Organization Jobs Work as a Grant Writer for a Nonprofit AgencyAssociate Degree Business Administration Salary Does an AA in Business PayBachelor Business Management Degree Use a Degree from Kaplan University to Boost a Small Business Start-UpYour Entrepreneurship in Your EnterprisePersuing an Elementary Education Online Degree