To be highly successful in finance and no doubt, in any other field of study, you need to continue your studies beyond your undergraduate degree. For some people that it will mean just getting an MBA degree,but there are many other choices and ways to advance your education and getting enhanced your credentials without achieving a graduate degree. In finance, there are a number of professional certifications, courses and programs that are widely recognized and accepted around the world and related field.
Chartered Financial Analyst (CFA)
This is highly demanded certification in investment industry, It is offered by the CFA Institute, the CFA program is equal to a graduate-level course. its object is to focus primarily on the investments side of finance. For those who want to earn the CFA certificate, they must pass a series of three exams, usually extended over a 3-year period, and have 4 years of professional relevant experience. Although this program useful primarily to those who are working in the investments field, but the skills developed in the CFA program are also useful in a numerous corporate finance jobs as well.
Certified Treasury Professional (CTP)
The CTP program requires students to pass a just a single exam that is focused on the expertise and skills required for those serving in a corporate treasury department. The study of CTP emphasizes topics that are liquidity and working capital management, managing relationships, payment transfer systems, capital structure, with monitoring and controlling financial risks, and with financial service providers.
Certified Financial Planner (CFP)
To become CFP certified, students need topass a 10-hour exam that covers a wide range of topics related to personal financial planning. The CFP program also requires 3 years of full-time relevant experience. The CFP focuses mainly on skills relevant for advising individuals in creating their personal financial plans.
American Academy of Financial Management (AAFM)
The AAFM administers a host of certification programs for financial professionalism a variety of fields. The certifications offered by AAFM include the following
- Chartered Portfolio Manager,
- Certified Cost Accountant,
- Chartered Asset Manager,
- Certified Credit Analyst,
- Certified Risk Analyst,
- many other programs.
Please explore the AAFM website for further details on all of the AAFM educational programs offerred.
Professional Certifications in Accounting
Most professionals in the field of managerial finance need to know accounting skills to succeed in their jobs, so as to serve the industry well. Advanced Professional certifications in accounting field include the;
- Certified Public Accountant (CPA),
- Certified Management Accountant (CMA),
- Certified Internal Auditor(CIA)
No comments