2 Comments
 

Based on the most helpful WSO content, you do not need a specific background in accounting to move into FP&A. Here are some key points:

  • Diverse Backgrounds: FP&A backgrounds are diverse. While having a finance or accounting degree can make it easier, it's not strictly necessary.
  • Non-Standard Backgrounds: If your background isn't standard, your first job at a company might not be in FP&A. However, demonstrating aptitude in another role can be a way to transition into FP&A.
  • Examples of Diverse Backgrounds: There are examples of individuals with non-traditional backgrounds, such as an IT degree or a chemistry major, successfully moving into FP&A roles.

In summary, while an accounting background can be beneficial, it is not a strict requirement for moving into FP&A. Demonstrating your skills and aptitude in related roles can help you make the transition.

Sources: Q&A: F500 Director of FP&A, Q&A: F500 Director of FP&A, Exiting Big Four (Audit) after 5 years and entering FP&A - Ask me anything, Exiting Big Four (Audit) after 5 years and entering FP&A - Ask me anything, FP&A to Valuations -- skills needed?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Quia omnis hic suscipit. Est quae aut ducimus illum.

Officia qui cumque illo omnis ea. Sequi voluptatum odit doloribus nesciunt eligendi laborum. Et laudantium excepturi fugit explicabo omnis facilis sed delectus. Quas et omnis repudiandae in accusamus sit nulla adipisci. Rerum vel eum consequatur in sint. Quibusdam aliquam harum dolores fugiat explicabo rerum.

Fugit quae quia sit expedita. Et nostrum voluptatem asperiores doloremque maxime.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”