18 Best CFO Certifications for Upskilling n 2025
Becoming a top-tier CFO takes more than experience—you need the right skills to navigate financial strategy, risk management, and leadership. That's where CFO certifications come in handy.
As a financial controller, I know how valuable the right training can be. A strong CFO certification doesn’t just boost your resume; it equips you with the tools to make better strategic decisions.
This guide breaks down the best CFO certifications, so you can find the one that aligns with your career goals. Whether you’re aiming for a global designation or specialized expertise, you’ll get a clear comparison to help you choose the right path forward.
Best CFO Certifications Shortlist
- Chartered Financial Analyst (CFA) — Best for investment management
- Certified Treasury Professional (CTP) — Best for treasury and finance operations
- Certified Fund Specialist (CFS) — Best for mutual funds expertise
- Certified Specialist Accounting & Finance (CSAF) — Best for healthcare finance
- CFA Institute Investment Foundations Certificate — Best for foundational investment knowledge
- Certified Public Accountant (CPA) — Best for public accounting
- Emerging Chief Financial Officer (eCFO) — Best for aspiring CFOs
- Advanced Management Program (AMP) — Best for executive leadership
- Certified Professional in Financial Operations (CPFO) — Best for government finance
- Advanced Corporate Finance Certification (ACFC) — Best for corporate finance expertise
- Executive Leadership Cornell Certificate (ELCC) — Best for strategic management
- Certified Management Accountant (CMA) — Best for management accounting
- Chartered Global Management Accountant (CGMA®) — Best for global management accounting
- Certified Financial Services Auditor (CFSA) — Best for auditing financial services
- Corporate Governance Certification (CGC) — Best for corporate governance
- Certificate in Sustainability for Finance (Cert SF) — Best for sustainability in finance
- Financial Risk Manager (FRM) — Best for risk management
- Certified Corporate Financial Planning & Analysis Professional (FP&A) — Best for corporate financial planning and analysis
Overview of the Best CFO Certifications
Below are my detailed summaries of the best CFO certifications that made it onto my shortlist.
1. Chartered Financial Analyst (CFA) — Best for investment management
The CFA Program is designed to help you earn the prestigious CFA credential, which is globally recognized in the investment management field. The certification involves passing three rigorous exams that assess key skills in investment analysis, asset management, and portfolio management. By completing the program, you'll enhance your career prospects and gain the expertise to take on senior roles in the financial industry.
Issued by: CFA Institute
Focus:
- Investment tools
- Asset valuation
- Portfolio management
- Wealth planning
- Ethical standards
Prerequisites:
- Education: Bachelor's degree or equivalent
- Work Experience: Work experience must involve investment decision-making, before, during, or after the CFA Program
- Exam: Passing the CFA Program exams (Level I, II, III)
- Other Certifications Required: None
Renewability: Yes, regular membership is required annually to maintain the CFA and CIPM® certifications.
Price:
- Exam Fee: $990 per exam
- Total for 3 exams: $2,970
Who It’s For: Investment professionals such as portfolio managers, financial analysts, investment bankers, asset managers, risk managers, and professionals in wealth management, financial consulting, and corporate finance.
2. Certified Treasury Professional (CTP) — Best for treasury and finance operations
The Certified Treasury Professional (CTP) certification is a prestigious designation recognized globally in the finance industry. It validates your expertise in key treasury and finance operations, positioning you as a trusted professional in managing corporate liquidity and risk. Earning the CTP enhances your career opportunities and marketability, demonstrating your commitment to maintaining current knowledge in the ever-evolving finance landscape.
Issued by: Certified Treasury Professional
Focus:
- Corporate liquidity management
- Risk management
- Cash and capital management
- Financial analysis functions
- Treasury operations
Prerequisites:
- Education: Graduate or master's degree in business, finance, or accountancy
- Work Experience: Minimum of 1 year of full-time work experience in a career-based corporate cash/treasury management or corporate finance-related position
- Exam: Passing the CTP Examination
- Other Certifications Required: None
Renewability: Yes, it requires 36 continuing education (CE) credits every three years.
Price:
- AFP Member
- Early Registration: $925
- Final Deadline: $1,025
- Non-Member
- Early Registration: $1,320
- Final Deadline: $1,420
Who It’s For: Treasury managers, cash managers, financial analysts, risk managers, corporate finance professionals, and other professionals involved in treasury and cash management functions.
3. Certified Fund Specialist (CFS) — Best for mutual funds expertise
The CFS certification is a professional designation that demonstrates expertise in mutual fund analysis and investment strategies. It provides comprehensive training that allows individuals to offer expert advice on mutual funds and other investment vehicles. Earning the CFS credential is a clear indicator of a professional's capability and proficiency in the field of fund management.
Issued by: Institute of Business
Focus:
- Fund analysis
- Portfolio management
- Investment planning
- Asset allocation
- Risk management
Prerequisites:
- Education: Bachelor's degree
- Work Experience: At least one year of financial services work experience
- Exam: Passing the CFS online, proctored, closed-book exam
- Other Certifications Required: None
Renewability: Yes, it requires 30 hours of continuing education every two years.
Price: Register to see pricing
Who It’s For: Financial advisors, investment professionals, brokers, portfolio managers, and financial planners who specialize in mutual funds, asset allocation, and investment strategies.
4. Certified Specialist Accounting & Finance (CSAF) — Best for healthcare finance
The CSAF certification is designed to validate your proficiency in healthcare finance and accounting. Earning this credential demonstrates your ability to navigate complex financial functions within healthcare organizations. This certification enhances your professional standing and opens doors to advanced career opportunities in the field.
Issued by: Healthcare Financial Management Association
Focus:
- Cost analysis and management
- Reimbursement and managed care
- Financial planning and budgeting
- Capital planning and financing
- Accounting oversight and internal control
Prerequisites:
- Education: Not required
- Work Experience: Not required
- Exam: Passing HFMA Examination
- Other Certifications Required: None, but basic knowledge of cost accounting, budgeting, cash management, financial reports, and internal control concepts is required
Renewability: Yes, every two years.
Price: $399
Who It’s For: Accounting professionals, financial analysts, auditors, controllers, and finance managers seeking to enhance their expertise in financial reporting, analysis, and strategic financial management.
5. CFA Institute Investment Foundations Certificate — Best for foundational investment knowledge
The CFA Institute Investment Foundations Certificate is a comprehensive program designed to provide a strong understanding of the investment industry. This certification helps learners gain essential knowledge of finance, ethics, and investment roles, enhancing their professional capabilities.
Issued by: CFA Institute
Focus:
- Decentralized finance
- Investment vehicles
- Security markets and trading venues
- Investment instruments
- Investment analysis and client needs
- Risk management and ESG investing
Prerequisites:
- Education: Not required
- Work Experience: Not required
- Exam: Passing the final assessment
- Other Certifications Required: None
Renewability: No, it does not expire.
Price: $350
Who It’s For: Professionals in non-investment roles, such as marketing, sales, HR, IT, and operations, who work in the financial services industry and want to gain a fundamental understanding of investment concepts and the global financial landscape.
6. Certified Public Accountant (CPA) — Best for public accounting
The CPA certification is a respected and widely recognized credential in the accounting field. It validates advanced technical and analytical skills, equipping professionals to take on a variety of accounting and financial roles. Earning the CPA designation opens up numerous career opportunities, enhances job stability, and provides a path to higher earning potential.
Issued by: National Association of State Boards of Accountancy (NASBA)
Focus:
- Auditing and attestation
- Financial accounting and reporting
- Taxation and regulation
- Business analysis and reporting
- Information systems and controls
- Tax compliance and planning
Prerequisites:
- Education: Bachelor's degree
- Work Experience: 1-2 years of relevant work experience
- Exam: Passing the Uniform CPA Examination
- Other Certifications Required: None
Renewability: Yes, it requires maintaining state-specific continuing professional education (CPE) requirements, typically 40 hours annually.
Who It’s For: Accountants, auditors, tax professionals, financial analysts, and other finance professionals who want to demonstrate expertise in accounting, auditing, taxation, and financial management.
7. Emerging Chief Financial Officer (eCFO) — Best for aspiring CFOs
The eCFO program is a six-month certification that prepares aspiring CFOs to step into strategic financial leadership roles. Participants will gain the skills needed to navigate complex financial landscapes, build influential networks, and lead organizations through change. By the end of the program, you'll be equipped to handle the responsibilities of a CFO and develop a personalized action plan to advance in your career.
Issued by: Wharton Executive Education
Focus:
- Strategic financial decision-making
- Risk management
- Building organizational relationships
- Leadership in Finance
Prerequisites:
- Education: Not required. However, fluency in written and spoken English is required
- Work Experience: At least eight years of experience in finance
- Exam: Not required
- Other Certifications Required: None
Renewability: No, it does not expire.
Price: $14,000
Who It’s For: Professionals, financial controllers, senior accountants, and mid-level finance managers who aspire to advance into CFO roles.
8. Advanced Management Program (AMP) — Best for executive leadership
The Advanced Management Program (AMP) is a transformative leadership development experience designed for senior executives. It combines rigorous academic learning, personal coaching, and peer collaboration to refine executive skills and foster global perspectives. Completing the program prepares leaders to drive significant organizational change and achieve sustained business growth.
Issued by: Harvard Business School
Focus:
- Transformational leadership
- Strategic innovation
- Global perspective
- Emotional intelligence
Prerequisites:
- Education: Not required
- Work Experience: A minimum of 10 years of work experience and a referral from a senior executive, board member, or Harvard graduate familiar with the applicant's role
- Other Certifications Required: None
Renewability: No, it does not expire.
Price: $92,000
Who It’s For: Senior executives who are looking to expand their leadership capabilities and drive their organizations through complex challenges.
9. Certified Professional in Financial Operations (CPFO) — Best for government finance
The CPFO certification is a professional designation that demonstrates expertise in public finance for government professionals. It prepares individuals to take on leadership roles within government financial operations, ensuring they have the necessary skills to manage and improve public sector finance.
Issued by: Government Finance Officers Association (GFOA)
Focus:
- Ethics in public finance
- Leadership in government finance
- Decision-making in state and local government finance
- Best practices in public finance
Prerequisites:
- Education: None, but an associate's degree in a finance-related field is recommended
- Work Experience: None, but at least two years of experience in public finance is recommended
- Exam: Passing the CPFO exams
- Other Certifications Required: None, but a current, paid GFOA membership is required
Renewability: Yes, it requires an annual fee, 15 hours of CPE, and three GFOA Engagement Credits.
Price: $1,200
Who It’s For: Finance professionals, accountants, treasurers, and financial managers in government and public sector organizations who focus on financial management, budgeting, and reporting.
10. Advanced Corporate Finance Certification (ACFC) — Best for corporate finance expertise
The ACFC certification offers an in-depth exploration of the challenges faced by corporate finance professionals. This program uses a dynamic online format with real-world case studies to enhance participants' problem-solving and decision-making skills in finance. By completing this certification, you’ll gain practical tools and the reasoning necessary to address complex corporate finance issues.
Issued by: HEC Paris
Focus:
- Financial indicators
- Macroeconomic impacts
- Negotiation techniques
- Practical case studies
Prerequisites:
- Education: Prior training in finance is recommended
- Work Experience: At least five years in corporate finance
- Exam: Passing the ACFC Final exam
- Other Certifications Required:
- At least one of the following:
- Certified in ICCF@HEC Paris
- Certified in ICCF@Columbia Business School
- Certified in ICCF@IE Business School
- At least one of the following:
Renewability: No, it does not expire.
Price: €4,750
Who It’s For: Finance professionals, investment bankers, financial analysts, corporate finance managers, and business leaders seeking to deepen their expertise in corporate financial strategy, valuation, mergers and acquisitions, and capital structure management.
11. Executive Leadership Cornell Certificate (ELCC) — Best for strategic management
The Executive Leadership Cornell Certificate (ELCC) is a program designed to develop the strategic management and leadership capabilities of senior professionals. It combines six core courses and two electives to equip participants with practical skills for leading organizations. By completing the program, you'll gain essential insights into leadership, decision-making, and performance management.
Issued by: Cornell University
Focus:
- Negotiation
- Change management
- Innovation
Prerequisites:
- Education: Not required
- Work Experience: At least five years of experience in management
- Exam: Not required
- Other Certifications Required: None
Renewability: No, it does not expire.
Price: $4,999
Who It’s For: Mid-level to senior managers and executives aiming to strengthen their strategic leadership capabilities.
12. Certified Management Accountant (CMA) — Best for management accounting
The Certified Management Accountant (CMA) certification is an internationally recognized credential that highlights proficiency in management accounting and financial management. Earning the CMA demonstrates a deep understanding of essential financial principles, equipping professionals with the tools needed for strategic decision-making.
Issued by: Institute of Management Accountants (IMA)
Focus:
- Financial reporting
- Planning, budgeting, and forecasting
- Performance management
- Cost management
- Internal controls
- Technology and analytics
Prerequisites:
- Education: A bachelor's degree from an accredited college or university or a related professional certification
- Work Experience: Two continuous years of professional experience in management accounting or financial management
- Exam: Passing Parts 1 and 2 of the CMA exam
- Other Certifications Required: None, but active membership in IMA is required
Renewability: Yes, it requires 30 hours of CPE annually, with at least two hours in ethics.
Price:
- For Professional Members:
- CMA Entrance Fee: $300
- Exam Fee: $495 per part
- For Student/Academic Members:
- CMA Entrance Fee: $225
- Exam Fee: $370 per part
Who It’s For: Accountants, financial analysts, controllers, finance managers, and professionals involved in financial planning, analysis, control, decision support, and professional ethics in management accounting.
13. Chartered Global Management Accountant (CGMA®) — Best for global management accounting
The Chartered Global Management Accountant (CGMA®) designation is a prestigious credential that highlights expertise in management accounting at a global level. It demonstrates a high level of proficiency in finance, strategy, and leadership, setting professionals apart in the competitive field of business management.
Issued by: AICPA & CIMA
Focus:
- Finance
- Operations
- Strategy
- Management
Prerequisites:
- Education: Completion of professional development (if not a CPA)
- Work Experience: A minimum of 3 years of relevant management accounting experience
- Exam: Passing the CGMA strategic case study exam
- Other Certifications Required: None, but AICPA membership in good standing is required
Renewability: Yes, it requires completing continuing professional development (CPD) to maintain competencies.
Who It’s For: Management accountants, financial managers, business analysts, and senior finance professionals who want to demonstrate expertise in financial strategy, performance management, and leadership in a global business environment.
14. Certified Financial Services Auditor (CFSA) — Best for auditing financial services
The Certified Financial Services Auditor (CFSA) offers professionals the opportunity to gain specialized knowledge in auditing financial services organizations. The program covers a range of critical topics in financial services, equipping auditors with the skills to assess risks, ensure compliance, and manage financial operations effectively. Upon completing the certification, you will earn a certificate and digital badge to showcase your expertise in this field.
Issued by: The Institute of Internal Auditors (IIA)
Focus:
- Banking institutions
- Insurance companies
- Investment companies
- Credit agencies
Prerequisites:
- Education: Not required
- Work Experience: Not required
- Exam: Passing the CFSA examination
- Other Certifications Required: None
Renewability: Yes, it requires annual completion of continuing professional development (CPD) credit hours.
Price: $799-$999
Who It’s For: Audit professionals, compliance officers, risk managers, and financial services professionals who conduct or oversee audits in banking, insurance, securities, and other financial institutions.
15. Corporate Governance Certification (CGC) — Best for corporate governance
The Corporate Governance Certification (CGC) is a professional credential designed to provide essential knowledge of corporate governance practices. It covers key governance structures, board roles, and the reporting processes needed for effective organizational oversight. Upon completion, you will be equipped with the practical tools and insights to implement and manage good governance in any organization, enhancing your leadership capabilities.
Issued by: Corporate Governance Institute (CGI)
Focus:
- Corporate governance principles
- Risk management
- Compliance
- Board responsibilities
- Stakeholder engagement
- Regulatory frameworks
Prerequisites:
- Education: Not required
- Work Experience: Not required
- Exam: Passing the CGC examinations
- Other Certifications Required: None
Renewability: No, it does not expire.
Price: $1,895
Who It’s For: Board members, senior executives, compliance officers, risk managers, and corporate governance professionals who want to enhance their knowledge of governance frameworks, regulatory compliance, and ethical leadership practices.
16. Certificate in Sustainability for Finance (Cert SF) — Best for sustainability in finance
The Certificate in Sustainability for Finance is designed to equip finance professionals with the necessary skills to lead sustainability initiatives within their organizations. It covers key topics like climate risk, ESG performance, and sustainability analytics, providing a comprehensive understanding of sustainability’s role in finance. Upon completion, you will earn a certificate and digital badge, demonstrating your ability to integrate sustainability into financial practices.
Issued by: ACCA
Focus:
- Importance of sustainability
- Climate change risks
- UN Sustainable development goals (SDGs)
- Environmental, social, and governance (ESG) issues
Prerequisites:
- Education: Not required
- Work Experience: Not required
- Exam: Passing the Cert SF with a 50% passing mark
- Other Certifications Required: None
Renewability: No, it does not expire.
Price:
- ACCA members: £210
- Non-ACCA members: £285
Who It’s For: Finance professionals, accountants, sustainability officers, and business leaders who want to integrate environmental, social, and governance (ESG) factors into financial decision-making and corporate strategy.
17. Financial Risk Manager (FRM) — Best for risk management
The Financial Risk Manager (FRM) certification is a globally recognized credential that validates your ability to assess, measure, and manage risk in financial markets. This certification signals your expertise in risk management, enhancing your professional credibility and improving your career prospects.
Issued by: GARP
Focus:
- Market risk
- Credit risk
- Operational risk
- Risk management tools
Prerequisites:
- Education: Not required
- Work Experience: At least two years of relevant work experience in risk management
- Exam: Passing the two FRM examinations (Part I and Part II)
- Other Certifications Required: None
Renewability: No, it does not expire.
Price: $800
Who It’s For: Risk management professionals, financial analysts, portfolio managers, auditors, and finance professionals who specialize in identifying, analyzing, and mitigating financial risks in areas such as market risk, credit risk, and operational risk.
18. Certified Corporate Financial Planning & Analysis Professional (FP&A) — Best for corporate financial planning and analysis
The Certified Corporate Financial Planning & Analysis (FP&A) Professional certification is a credential that validates advanced expertise in financial planning and analysis. It enhances your ability to manage complex financial processes and provides a clear pathway for career advancement. Earning the FP&A certification improves your professional credibility and opens doors to new opportunities in the finance field.
Issued by: Association for Financial Professionals (AFP)
Focus:
- Business acumen
- Financial planning
- Analysis
- Decision support
Prerequisites:
- Education: Bachelor's degree or equivalent, or currently enrolled in a finance-related undergraduate program
- Work Experience: Minimum of 2 years of full-time experience in FP&A tasks
- Exam: Passing the FP&A two-part comprehensive examination
- Other Certifications Required: Approved accounting or finance credentials
Renewability: Yes, it requires 45 continuing education (CE) credits every three years.
Price:
- AFP Member:
- Early Deadline: $1,025
- Standard Deadline: $1,125
- Non-Member:
- Early Deadline: $1,420
- Standard Deadline: $1,520
Who It’s For: Financial planning and analysis professionals, finance managers, analysts, and business leaders who focus on budgeting, forecasting, financial modeling, and strategic decision support within organizations.
CFO Certifications FAQs
What is CFO certification, and why is it important?
A CFO certification is a professional credential that validates an individual’s expertise and knowledge in financial management, strategic planning, and leadership skills required to be an effective Chief Financial Officer (CFO). It is important because it demonstrates a commitment to professional development and can enhance career prospects by distinguishing individuals in a competitive job market.
What are the typical requirements to obtain a CFO certification?
The typical requirements for obtaining a CFO certification may include a combination of educational qualifications, such as a bachelor’s or master’s degree in finance or accounting, relevant work experience in financial management roles, and passing a certification exam designed to test financial, strategic, and leadership competencies.
How long does it take to complete a CFO certification program?
The duration of a CFO certification program can vary depending on the specific certification and the individual’s prior experience and education. Generally, it can take several months to a few years to complete all the required coursework and examinations, especially if pursued part-time alongside a full-time job.
Are there different types of CFO certifications available?
Yes, there are different types of CFO certifications available, each focusing on various aspects of financial management and leadership. Some popular certifications include the Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), and specific CFO-focused programs like the Certified Chief Financial Officer (CCFO).
How does a CFO certification benefit career advancement?
A CFO certification benefits career advancement by equipping professionals with advanced skills and knowledge recognized by employers. It can lead to higher earning potential, increased job opportunities, and eligibility for senior-level roles within an organization, thereby accelerating career growth.
Other Useful Resources
Looking for more CFO-related content? Here are a few other useful resources to check out:
- Best CFO training courses
- Best CFO books
- Top CFO newsletters
What’s Next?
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