CPA for Corporate Finance
I have a question about corporate finance and its relation to the CPA. Long story short I'd like to know if the CPA is a necessity for a successful career in corporate finance.
I am a finance major at a university in Ohio. I've considered several career directions and interviewed (and am interviewing) for a few corporate positions. However, I am aware of the fact that most corporate analyst positions are actually accounting focused and have noticed in passing that most upper level cf positions strongly suggest a CPA designation.
The finance curriculum at my school involves accounting but to my knowledge I won't graduate with all the courses required to sit for the CPA. In terms of my interests I've enjoyed learning about topics like capital budgeting, project analysis etc. but journal entries/GAAP just don't pique my interest as much. Not to say I don't appreciate the importance of accounting or I'm not good at it. I've gotten A's in my acc courses and enjoyed managerial quite a bit actually. But financial, again, doesn't do it for me.
Corporate Strategy/Dev is something that sounds great but obviously these aren't entry level positions and I've read people usually end up there from IB and consulting. So is corporate finance without a CPA a dead end road or can you move up by pursuing an MBA with a cf focus? I'd appreciate your advice, comments, or maybe if I have a misconception of anything you could help me out. Thanks guys!