Is the SMU CFO Programme Worth It? A CFO’s Honest Review
In an ever-evolving financial landscape, the role of a Chief Financial Officer (CFO) extends far beyond traditional accounting and financial reporting. The modern CFO is expected to be a strategic leader, driving business transformation, innovation, and digital adoption. For Hitesh Shah, CFO, Womar Logistics Pte Ltd., enrolling in SMU’s CFO Programme was a pivotal decision that has significantly enhanced his professional and personal growth.
A Journey of Growth and Transformation
Hitesh Shah has had a distinguished career in finance, having worked in Singapore for over two decades. As a Chartered Accountant from India, he built a strong foundation in financial management and leadership. However, after completing his Executive MBA, he became comfortable in his professional role, with little inclination to seek further academic pursuits.
That perspective changed post-pandemic. Witnessing how rapidly the financial world was evolving, Hitesh realised the urgent need to upgrade his skills. “The pandemic was an eye-opener. I saw how businesses were transforming, and I knew I had to keep myself relevant. That’s when I came across the SMU CFO Programme,” he shares.
The SMU CFO Programme: A Structured Approach to Leadership Development
Hitesh was drawn to the well-structured curriculum of SMU’s CFO Programme, which is segmented into three core areas: Strategy, Finance, and Leadership & Digital Automation.
1. Strategic Thinking for CFOs
The programme equipped him with strategic insights, enabling him to think beyond traditional finance roles. “It helped me understand how CFOs should approach business from a strategic standpoint, rather than just focusing on numbers,” he notes.
2. Advancing Financial Expertise
Although he had strong financial knowledge, the programme offered an opportunity to refresh and update his expertise, particularly in areas that have evolved over the years. “Finance is not static. Learning about new financial instruments, risk management strategies, and evolving compliance requirements was extremely beneficial,” he adds.
3. Leadership and Digital Transformation
One of the most impactful aspects of the programme was its focus on leadership and digitalisation. With technology disrupting industries, CFOs must embrace automation and digital tools to drive efficiency. “I realised that finance and accounting cannot be isolated from digital transformation. The programme taught us how to integrate technology into financial processes, making them more agile and efficient.”
Real-World Applications: The ESG and Digital Shift
Beyond conceptual learning, Hitesh found practical applications of the programme in his day-to-day work. One such area was ESG (Environmental, Social, and Governance) reporting. “Before taking this course, I had very little knowledge about ESG reporting. Now, if I have to incorporate ESG into our annual reports, I have the framework and confidence to do so,” he shares.
Similarly, he gained insights into AI, blockchain, and automation, which are shaping the future of financial management. “I was quite far away from AI and blockchain before. SMU’s CFO Programme has helped me understand these concepts, and now I can see how they can be leveraged to enhance financial reporting and decision-making.”
A Renewed Sense of Confidence and Purpose
For Hitesh, SMU’s CFO Programme was more than just an academic experience—it was a personal transformation. “It brought back my confidence, energy, and enthusiasm. It reminded me of my MBA days, where I was constantly learning and evolving,” he says.
The programme also reignited his passion for continuous learning, reinforcing the importance of staying ahead in a fast-changing financial landscape. “The world will keep evolving, and if you want to stay relevant, you must keep up. This programme gave me the push I needed.”
Advice for Future Participants
When asked about his advice for prospective learners, Hitesh strongly encourages participation. “Whether it’s the CFO Programme or any other professional development course, it is essential to keep learning. If you want to stay relevant in your career and make a meaningful impact in your organisation, continuous upskilling is the key,” he emphasises.
Final Thoughts on SMU’s CFO Programme
Hitesh’s CFO Programme by SMU review highlights the power of lifelong learning. By stepping out of his comfort zone, he has not only elevated his leadership and financial expertise but also positioned himself as a forward-thinking CFO ready to navigate the challenges of an evolving business world.
For finance professionals looking to stay ahead, SMU’s CFO Programme offers a transformative experience that bridges the gap between traditional finance and modern strategic leadership. As Hitesh puts it, “It’s not just about gaining knowledge; it’s about reshaping the way you think and lead.”
