Which course is best for finance manager?

To become a financial manager, individuals usually need to earn a bachelor’s degree in a field such as accounting, finance or business administration. A master’s degree in a related field can provide the enhanced knowledge and skills to advance to leadership positions.

In addition to educational credentials, individuals can pursue several professional certifications that enhance their knowledge and qualifications. Examples of certifications include:

  • The Institute of Management Accountants offers the Certified Management Accountant (CMA) certification.
  • The International Financial Management Association offers several certifications in credit analysis and management, internet finance, investments and management accounting.
  • The Global Association of Risk Professionals offers the Financial Risk Manager (FRM) certification.
  • The Association of Government Accountants offers the Certified Government Financial Manager (CGFM) certification for financial managers who work for governmental organizations.

While distinctions exist between what financial managers do and what accountants do, licensure as a certified public accountant (CPA) can be a springboard to a career in financial management in areas such as financial reporting, management accounting and cash management.

Although obtaining a certification or license isn’t required to work as a financial manager, maintaining a certification or license typically requires financial managers to complete continuing education hours to stay abreast of changes in the profession.