What is CFA? How can I be a CFA and what is the minimum salary that I can get after it?

The Chief Financial Officer (CFO) or Chief Financial and Operating Officer (CFOO) is a corporate officer, primarily responsible for managing the financial risks of the corporation. The officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. The majority of CFOs will understandably have an educational background in finance, business, economics or management. A typical path would be a Bachelor’s and Master’s degree in accounting or other finance-related studies, alongside the ACCA qualification. According to a survey of Fortune 100 CFOs by Russell Reynolds, 54% had an MBA, but only 12% acquired their undergraduate degree from a top-tier university. So, while education and the relevant qualifications are all important, the quality of your working experience and professional track record is the strongest indicator for potential CFOs.

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