Years of experience seems too much. I've known 30 year old Directors at places. Went to business school with someone who was a SFA at Boeing for about 2 years. Hopped over to Microsoft as a Finance Mgr for about another 2 years. Now a Sr Finance Mgr. So from SFA to Sr Manager in roughly 5 years.
lol, what do you even mean? You're saying you couldn't find a single director of FP&A that had a T25 MBA? I highly doubt that. Are you saying you don't "need" a T25 MBA to get the job? I don't think anyone was arguing that. In the case of the person the video described, however, they did not have a finance undergrad, so they probably used the MBA to career switch toward finance, which seems like a good use of the degree to me.
@austinbrown7574 Yeah, I am saying that. A general search of FP&A directors did not show 1x T25 MBA. I specifically picked that out BECAUSE it was highlighted in the video describing a day in the life of a Finance Director. I'm not saying some don't have one. This video (unintentionally) describes the highest possible description and then talks about the T25 MBA. I'm being specific as someone WHO DOES have a T25 MBA that MOST FP&A do not have one and aspiring people should take the video's comment as an exception and not the rule. Not being malicious about my comment.
@srujan00 I see that, too. Even 6 months later my comment is true. Just did another search of FP&A, this time in Atlanta. From Morgan Stanley to Raytheon. Their history and education are broad. My problem is there are people who would watch this and go "ahhh man, I got none of that." When in reality, it's not that hardcore. Again, the second the person mentioned a T25 and started talking about how the part-time MBAs were this, that, whatever...I remember how I thought that way and was WRONG.
@@ChickwnWing1493 Delta Air Lines CEO in Atlanta has a bachelors degree, but is a CPA. Lots of partners/principals in consulting firms have the same, bachelors in accounting & CPA. I know a principal at Deloitte in cloud computing, bachelors in computer science from Plymouth Univ. in England.
A first year lawyer from a top tier school, at a top firm, in a high cost city makes 225k. The AVERAGE first year lawyer salary is $81k… after incurring on average 150k of law school debt. I’m curious your salary?? I know this director, he enjoys a really nice work life balance, has plenty of money for whatever he wants, and enjoys his work! He’s winning on all meaningful fronts!!
Years of experience seems too much. I've known 30 year old Directors at places. Went to business school with someone who was a SFA at Boeing for about 2 years. Hopped over to Microsoft as a Finance Mgr for about another 2 years. Now a Sr Finance Mgr. So from SFA to Sr Manager in roughly 5 years.
Wow this was so helpful as a finance major who wants to go on this certain path. Great video!
Also that’s interesting that he got a Bachelors in engineering- what would you say is the best major for this kind of pathway?
Thanks for the kind words!
Would love to see these for people in different areas of FP&A (ie Sales Finance, Corp FP&A, GTM, etc)
I have been meaning to make some more ... Stay tuned!
Would love to see non top 25 mba career path in finance
essentially the same as other companies. The EVP, Chief Risk Officer at Freddie Mac got his MBA from U of Cincinnati and grew up in India.
Thank you for the great content!!
Thanks, John. Got your email, will respond sometime soon!
A quick LinkedIn search of these FP&A Directors disproved the top 25 MBA education.
lol, what do you even mean? You're saying you couldn't find a single director of FP&A that had a T25 MBA? I highly doubt that. Are you saying you don't "need" a T25 MBA to get the job? I don't think anyone was arguing that. In the case of the person the video described, however, they did not have a finance undergrad, so they probably used the MBA to career switch toward finance, which seems like a good use of the degree to me.
@austinbrown7574 Yeah, I am saying that. A general search of FP&A directors did not show 1x T25 MBA. I specifically picked that out BECAUSE it was highlighted in the video describing a day in the life of a Finance Director. I'm not saying some don't have one. This video (unintentionally) describes the highest possible description and then talks about the T25 MBA. I'm being specific as someone WHO DOES have a T25 MBA that MOST FP&A do not have one and aspiring people should take the video's comment as an exception and not the rule. Not being malicious about my comment.
Many CFOs are CPAs, and people with bachelors degrees that have the CFA.
@srujan00 I see that, too. Even 6 months later my comment is true. Just did another search of FP&A, this time in Atlanta. From Morgan Stanley to Raytheon. Their history and education are broad. My problem is there are people who would watch this and go "ahhh man, I got none of that." When in reality, it's not that hardcore. Again, the second the person mentioned a T25 and started talking about how the part-time MBAs were this, that, whatever...I remember how I thought that way and was WRONG.
@@ChickwnWing1493 Delta Air Lines CEO in Atlanta has a bachelors degree, but is a CPA. Lots of partners/principals in consulting firms have the same, bachelors in accounting & CPA. I know a principal at Deloitte in cloud computing, bachelors in computer science from Plymouth Univ. in England.
Useless information, too much nothing
Sounds sooo boring. 18 years and only $300k.
300k ain’t so bad! What’s your total comp?
@@CorporateFinanceAcademy but not after 18 years of experience. a first year lawyer makes 225k these days.
A first year lawyer from a top tier school, at a top firm, in a high cost city makes 225k. The AVERAGE first year lawyer salary is $81k… after incurring on average 150k of law school debt.
I’m curious your salary??
I know this director, he enjoys a really nice work life balance, has plenty of money for whatever he wants, and enjoys his work!
He’s winning on all meaningful fronts!!
@@krage17 It's like, a completely different job? Most people NEVER make 300k regardless of their years of experience.
@@krage17 I've met plenty of lawyers in the Cleveland area that make average middle class money or less.