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I am a group financial manager and MBA holder seeking to be promoted to CFO so I want to know which certificate will be better for me CMA or CFA

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Lorenzo Morales
Title: Administrative Liaison
Company: Ajo Ambulance, Inc
(Administrative Liaison, Ajo Ambulance, Inc) |

Are you happy in your current position? Are you chasing the coporate ladder? Will it mean more time away from home? I feel that life questions should be answered first. More responsibility means More stress. Will more money buy you more happiness?

Sarah Jackson
Title: Associate Editor
Company: Proformative
(Associate Editor, Proformative) |

You might be interested in this popular and free 34 page PDF titled

"The Value Of Certification:"

It covers this very topic.

Also, value to an employer and therefor value back to the employee often hinges on what the employee knows and can accomplish. That is why you might also want to take a look at...

"The Proformative Community Guide To ERP Selection & Implementation:"

Enjoy! Best... Sarah

Topic Expert
Joan Varrone
Title: CFO
Company: Cloud Cruiser
LinkedIn Profile
(CFO, Cloud Cruiser) |


I think the best preparation is experience and not a certificate and the best way to find that opportunity is through networking. Networking is more important if you have not held the CFO position as someone will take a chance on you if you are referred by someone who knows your talents. Saying that, if you are determined to get more credentials, in the US a CPA is more recognized vs a CMA>

Topic Expert
Mike Caruana
Title: Director of Financial Services
Company: Diamond Resorts International
(Director of Financial Services, Diamond Resorts International) |

Another important consideration is whether or not you should become a CPA. Since there's so much regulation around accurately prepared and reported financials, having this designation is pretty much an essential if you want to be the C-Suite exec in charge of Finance and Accounting.


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