Continuing Education: Your Ticket to Advancing in Finance & Accounting

Your kids are not the only ones in the classroom. Many professionals are going back to school to gain the expertise they need for a new job, to earn a promotion, or, in some cases, to retain their current position.

Even if your field of work does not require it, there are a number of reasons to pursue continuing education. It gives you a competitive edge, shows your commitment to grow in your profession, and often increases your earning power. Many certifications also provide designations that you can attach to your name, such as CPA, giving you added visibility and notoriety. 

In-Demand Finance & Accounting Certifications 

Many careers in finance and accounting require certification. Each certification has its own requirements for education, work experience, and examination. 

One of the most widely respected certifications in finance and accounting is the Certified Public Accountant (CPA) designation. It remains the most in-demand qualification in the industry. The Certified Management Accountant (CMA) is the leading credential for management accountants. It demonstrates mastery in advanced accounting and financial management skills. For other higher-level roles, the Master of Business Administration (MBA) is a flexible degree that will open a number of doors. 

Other in-demand certifications in the finance and accounting job market include: 

• Certified Treasury Professional (CTP): Those looking to step into a treasury position should look into a CTP. It signifies that you have the skills and experience to perform in today's complex treasury environment. 
• Certified Internal Audit (CIA): The CIA is a great way to demonstrate your internal audit skills, and can help set you apart from other job candidates.
• Chartered Financial Analyst (CFA): Completing the CFA program communicates to employers that you have a range of portfolio management and investment analysis skills. 
• Fundamental Payroll Certification (FPC): Those seeking an entry-level payroll position may benefit from an FPC. It demonstrates a baseline of payroll competency and is an important first step in a payroll career. For those with existing payroll experience, the Certified Payroll Professional (CPP) may be a better option. 

Other Ways to Advance Your Skills 

In addition to formal education, there are a number of ways to learn and increase your skills. Start by asking if there are any training opportunities available through your employer. Many employers support ongoing learning through tuition reimbursement programs and on-the-job training, making it even easier to advance your skills. 

Outside of work, you can look at joining a local professional association or attending networking events. A number of internet courses are also at your fingertips. Platforms such as Lynda.com, Udemy, and Coursera make learning easy and accessible. 

Promote Yourself 

No one else is going to tout your skills and certifications.  It's up to you! After you've taken a class or earned a new certification, don't forget to promote yourself on LinkedIn! Including continuing education communicates to employers and colleagues that your knowledge is up-to-date. It also adds important keywords to your profile that a potential employer may enter in search. You can list your continuing education in the Education or Certifications sections of your LinkedIn profile. 

There are more educational opportunities available today than ever before. Whether it is watching a webinar, taking an online self-study course, or attending an educational session at a conference, you have several avenues available to you. Education is an investment in yourself and your career. 

"Education is the most powerful weapon we can use to change the world." - Nelson Mandela