Course Overview

About This Course

The role of a Chief Financial Officer (CFO) is one of the most prestigious and demanding positions in any organisation. As one of the highest ranking executives in the business world, the CFO works closely with the Chief Executive Officer and board members, serving as a key strategic partner to drive financial integrity, shape corporate strategy, and ensure robust governance. As businesses navigate increasingly complex markets, the demand for skilled, forward-thinking CFOs has never been greater.

Where You Can Study

Available Locations

Melbourne

Eligibility

Entry Requirements

General Requirements

You must have a bachelor degree to be eligible for this course.
If you don't currently have a bachelor degree, you may be interested in our on-campus Bachelor of Education.

Career & Study Pathways

Where this takes you

Career Opportunities

Graduates may pursue roles such as Chief Financial Officer (CFO), with career pathways typically spanning 10–15 years of progressive experience in finance and accounting roles. The CFO role involves managing an organisation's financial actions, including budget allocation and financial management, forecasting, financial reporting, ensuring compliance with accounting standards and regulations, managing investor relations, and supporting the board's strategic decision making. Demand for CFOs remains strong, particularly for those with skills and experience in digital transformation, data analytics or Environmental, Social, and Governance (ESG) roles, with SEEK projecting a 7.9% rate of job growth for CFO roles across the next 5 years. The national typical salary is around $225,000, ranging from AUD $180,000 for those in smaller companies to over AUD $400,000 for experienced CFOs in large corporations.

Quality & Recognition

Accreditation & Migration

Academic Regulator

TEQSA

Accreditation Status

Accredited

Common Questions

Frequently Asked Questions

How long does it take to become a CFO?

Typically, it takes at least 10–15 years of progressive experience in finance and accounting roles to become a CFO. The timeline can vary depending on your career path, industry, and the size of the organisation.

Do I need a CPA or an MBA to become a CFO?

While not always mandatory, having a CPA, CA, or an MBA is highly advantageous and often preferred by employers. These qualifications demonstrate a high level of expertise and commitment to professional development.

What is the average salary for a CFO in Australia?

The average salary for a CFO in Australia is approximately AUD $250,000 per year. This can range from AUD $180,000 for those in smaller companies to over AUD $400,000 for experienced CFOs in large corporations.

What skills are most important for a modern CFO?

A modern CFO needs a blend of hard and soft skills. Core financial competencies like budgeting and reporting are essential, but strategic thinking, leadership, communication, and technology fluency are becoming increasingly important. CFOs must also be digitally literate and tech savvy, staying ahead of emerging technologies and understanding the impact of AI, automation, and data analytics.

What postgraduate qualifications does Victoria University offer for aspiring CFOs?

Victoria University offers the online Master of Business Administration (Finance), which is designed to equip aspiring leaders with the strategic, analytical, and financial skills demanded in today's C-suite. This program merges the strengths of both an MBA and a Master of Finance, making it an ideal choice for those seeking a comprehensive and efficient postgraduate program.

Application

How to Apply

Three simple steps to get enrolled

Step 01

Enquire

Click "Enquire Now" and tell us a little about yourself. It's free and takes 2 minutes.

Step 02

Submit Documents

Our team will guide you on exactly which documents to prepare and submit.

Step 03

Get Enrolled

Receive your offer letter and confirm your enrolment. Welcome to the course!

Processing time: Offer letter issued within approximately 1 business days.

Upcoming Intakes

09 February 2026

Course Snapshot

Salary, careers & skills

Typical Salary

Entry-level (0-2 years)AUD $58,000 to $76,000 per year

Early Career (2-5 years)AUD $76,000 to $100,000 per year

Mid-Level (5-10 years)AUD $100,000 to $140,000 per year

Career Paths

Graduate AccountantFinancial AnalystManagement ConsultantBusiness AnalystMarketing Coordinator

Key Skills

Financial analysis and reportingAccounting principles and practiceStrategic business planning and decision-makingData analysis and business analyticsMarketing strategy and consumer behaviour

Full Course Overview

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