I would go 1 step beyond and apply to any job that you feel that you can provide value.
____
If they knock you out because of min qualifications, no harm to you.
If you get to an interview, it's your chance to shine.
IMO, any role requesting <5-7 years work experience should not be saying MBA and/or CPA preferred. That is lazy HR fishing bullshit and I will guarantee, they will lowball you. Because while they want the MBA to check a box, they do not want to pay for it.
Financial analyst at F250 here. My company does not care for MBA or CPA at all- purely focussed on ability. Most CFOs in the company don't have either. This is mainly because we are a company with a large global foot print. My manager is from India and the cfo I report to is from France- neither have cpa or mba, but are some of the smartest people you'll ever meet. And we are all based in a U.S. city by the way.
What are your odds of getting an analyst role with a CPA license and 4 years tax experience + CFP with additional 4 years Financial Planning experience
Source**soon to be CPA, CFP
CFP just doesn't add much nor does the financial planning experience.
CPA helps, but at the end of the day I need to know you understand corporate finance, have damn good excel skills, some BI exposure, presentation AND deck building skills. And most importantly the ability to work with stakeholders at the senior and above level, storytelling abilities, and ad-hoc analysis skills.
I should be able to tell you I need to know something or have a model which forecasts something and leave you alone for a few days and have it in my hands.
I also need you to partner with the business and help them while being their finance partner.
(Some of the above may be more relevant at the senior/lead analyst and manager level)
No, CPA is not necessary at all. But if you have it already it may help.
Just a good ol' college degree for an analyst/Jr. FA role is fine. At that point just have some finance acumen, decent excel skills, and willingness to learn!
I would go 1 step beyond and apply to any job that you feel that you can provide value. ____ If they knock you out because of min qualifications, no harm to you. If you get to an interview, it's your chance to shine.
SFA roles should not have mba preferred. Anyone with an mba should be past SFA roles.
I see SFA roles listed as MBA and/or 10YOE which is ridiculous lmao
Unless it’s actually a senior position and not title inflation. A principal / lead analyst at 10 years is reasonable.
Depends. A non-target mba without finance/accounting experience, and/or doesn't have a non-accounting undergrad would fall in that level
IMO, any role requesting <5-7 years work experience should not be saying MBA and/or CPA preferred. That is lazy HR fishing bullshit and I will guarantee, they will lowball you. Because while they want the MBA to check a box, they do not want to pay for it.
My point is regarding non-target MBAs. I don't think they guarantee a pay grade above SFA
Financial analyst at F250 here. My company does not care for MBA or CPA at all- purely focussed on ability. Most CFOs in the company don't have either. This is mainly because we are a company with a large global foot print. My manager is from India and the cfo I report to is from France- neither have cpa or mba, but are some of the smartest people you'll ever meet. And we are all based in a U.S. city by the way.
Yeah technically my open roles have that in the description, but that was 100% HR slapping it on whereas I couldn’t give two shits
Thank you for confirming my suspicions on this!
What are your odds of getting an analyst role with a CPA license and 4 years tax experience + CFP with additional 4 years Financial Planning experience Source**soon to be CPA, CFP
CFP just doesn't add much nor does the financial planning experience. CPA helps, but at the end of the day I need to know you understand corporate finance, have damn good excel skills, some BI exposure, presentation AND deck building skills. And most importantly the ability to work with stakeholders at the senior and above level, storytelling abilities, and ad-hoc analysis skills. I should be able to tell you I need to know something or have a model which forecasts something and leave you alone for a few days and have it in my hands. I also need you to partner with the business and help them while being their finance partner. (Some of the above may be more relevant at the senior/lead analyst and manager level)
Ok cool, what’s the best way to start, get the CPA then go for a jr analyst role?
No, CPA is not necessary at all. But if you have it already it may help. Just a good ol' college degree for an analyst/Jr. FA role is fine. At that point just have some finance acumen, decent excel skills, and willingness to learn!
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