Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    1
    ReputationRep:
    My aim is to become a finance director even a CFO one day. Which path would give me the best chance of achieving this? I know that with the big4 I can get an ACA and with banking I don't- so would audit at a big 4 be the best choice? But on the other hand I have seen that many CFOs at big blue chip companies come from a banking background. Also, banking might have better exit opportunities to other jobs in case I change my mind.

    But then again, audit does tend to require lower working hours and is pleas stressful.
    Offline

    20
    ReputationRep:
    (Original post by YoFadda)
    My aim is to become a finance director even a CFO one day. Which path would give me the best chance of achieving this? I know that with the big4 I can get an ACA and with banking I don't- so would audit at a big 4 be the best choice? But on the other hand I have seen that many CFOs at big blue chip companies come from a banking background. Also, banking might have better exit opportunities to other jobs in case I change my mind.

    But then again, audit does tend to require lower working hours and is pleas stressful.
    If you want to be a CFO then do any career path where you get the ACA (industry internal finance, audit, transactions, corporate finance). Transactions or corporate finance is good because it allows you to switch to banking later.

    The only CFOs from a banking background tend to be the CFOs of global banks.

    Posted from TSR Mobile
    • TSR Support Team
    Offline

    20
    ReputationRep:
    (Original post by Commercial Paper)
    If you want to be a CFO then do any career path where you get the ACA (industry internal finance, audit, transactions, corporate finance). Transactions or corporate finance is good because it allows you to switch to banking later.

    The only CFOs from a banking background tend to be the CFOs of global banks.

    Posted from TSR Mobile
    Not necessarily, the fortune 500 has a decent array of ex-banker CFOs. Usually they come from the finance departments, or corporate development.
    Offline

    12
    ReputationRep:
    Depends. You are obviously going to have to work hard to get there and for years and years if you ever do. See which kind of jobs that are more entry level, first step of the ladder, there are in each field and see which interests you.

    I work for a Bank and I've worked with accountants, my brother is interning as an accounts assistant right now and I have friends who are in that field too. Typical entry level accounting seems like one of the most boring jobs in the world. Tax/finance seems a bit more interesting. Banking is definitely more interesting and arguably more challenging/fast paced IMO at least entry level i've found.
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Did TEF Bronze Award affect your UCAS choices?
    Useful resources

    Articles and guides:

    Hands typing

    Degrees without fees

    Discover more about degree-level apprenticeships.

    A-Z of careers Advice on choosing a careerCV writing helpCovering letter helpInterview tips

    Featured recruiter profiles:

    CGI logo

    CGI is open for applications

    "Offering a range of apprentice and sponsored degree positions."

    Deutsche Bank logo

    Deutsche Bank is recruiting

    "Thrive in an international banking environment"

    ICAEW logo

    Merck

    "Merck is a global leader in specialized pharma & chemicals – join us!"

    Army logo

    The Army is recruiting now

    "With hundreds of roles available, there’s more than one way to be the best."

    Bianca Miller, runner-up on The Apprentice

    Handle your digital footprint

    What would an employer find out about you on Google? Find out how to take control.

    Quick links:

    Unanswered career sector and employment threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.