From controller to Group CEO
Successful examples of brilliant careers, which had their start in the controlling department were, in addition to the ICV Head of the Board Siegfried Gänßlen, Dr. Richard Lutz, member of the ICV Board of Trustees and since March 2017 Deutsche Bahn Group CEO.
Controller: education, further training, salary, job offers
What does a controller do? Tasks, perspectives, job chances
"A pea counter" - many thought and still think that this is a controller: Check business figures and make sure that they are correct or will be corrected. These times have been long gone. Today, the controller is a management partner, in a ideal case controller is involved in the planning and on this basis can make the figures behind the management objectives tangible, examine them, analyze, advise and, if necessary, take corrective actions. A controller recognizes also potential savings as well as development opportunities and synergies. Profitability has always top priority for a controller. In order to ensure this, controller uses their extensive tools to support them in planning, managing and reporting. The professional image of the controller is correspondingly challenging and complex.
Read about it [German]:
- FINANCE: Der Controller
- Karriere.de (das Portal von Handelsblatt und WirtschaftsWoche): Rechenkünstler/Wenn Controller Manager beraten
- Handelsblatt vom 28.06.2013: Berufsfelder unter der Lupe "Controller: Karriere als Erbsenzähler"
- Haufe Akademie vom 22.11.2012: Karriere im Rechnungswesen: Gute Berufsaussichten für Controller und Bilanzbuchhalter
- Vom Controller zum CFO: Siegfried Gänßlen im Portrait
How to become a controller? Studies
There are several ways to become controllers. On the one hand, there is the possibility to acquire the necessary knowledge in a course of studies, for example by studying business administration with a focus on controlling. Within a dual studies deepening the theoretical knowledge from high schools or universities can be acquired parallel during practical training in a company.
UNIVERSITIES IN GERMANY WITH EMPHASIS ON CONTROLLING
How to become a controller? Studies and seminars
Anyone who wants to get to know controlling studies or courses and know more about them, has also numerous opportunities.
The CA controller academie has fully committed itself to the subject of controlling (offers in German and partly English). There are
- Systematic Training Programs (Controllers Five-Level Training Program, Bank Controllers Five-Level Training Program, Business Skills for Executives, Certified Accounting Specialists (CAS)
- Further training and specialization seminars (social competences, project controlling, information management and reporting, company management, financial management, accounting and company evaluation, controlling of functional areas, CMA Certification for Professionals
- Topic on Tour (controlling on the road)
- For beginners (controlling for non-controllers)
- Online Training (CAonAir Online Training)
- Inhouse (Inhouse Training & Coaching)
To the offers overview of the CA controller akademie
The Haufe Academie, for example, has various offers in the fields
- complete courses
- basic knowledge
- operative controlling
- strategic controlling
- specialized knowledge
- social competences
Horváth & Partners Management Consultants offers, for example, a "Extra - occipational Certificate Program for Business Controllers (EBS)" within the Horváth Academy.
Besides there are many controlling seminars (to the overview)
At the Chamber of Industry and Commerce (IHK) in Germany, some further training courses are offered with the degree "certified controller (IHK)". We recommend you to contact your local IHK directly (to the IHK Finder by location or zip code).
Deutsche Gesellschaft für Medizincontrolling (DGfM) offers seminars in cooperation with the University of Heidelberg. You can find the current seminar program here. ICV members receive a discount of 35.00 EURO per seminar.
Correspondence studies or distance learning courses are also possible in the controlling area. Organizators are e.g.
How much does actually a controller earn? Salary and income
Factors influencing the salary
The salaries for controllers are actually at a high level. According to an analysis of the compensation portal salary.com, the telecommunication industry pays with an average of 71.300 EURO the highest salaries for controllers. This is followed by the aeronautics sector with 71.250 EURO, the pharmaceutical industry with 66.600 EURO and the chemical sector with 66.270 EURO. The average salary for all industries is around 59.500 EURO.
As a rule, controllers have graduated a degree in business administration. They must be able to think analytically and be familiar with bilance, accounting, business planning and budgeting; It is also helpful to know about reporting and information management. The Chamber of Industry and Commerce in Germany offers further training courses.
Already directly after graduation, graduates expect attractive wages. Beginners with one to three years of experience are happy to receive an average salary of 43.900 EURO. After three to six years as a controller, the salary increases to an average of 53.700 EURO and after six to nine years to 61.300 EURO. After nine years in the job the salary is 71.150 EURO - in the upper remuneration area even over 80.000 EURO.
Controller salaries - regionally comparisons
Large differences in salary are also evident when the company size is considered. According to this, controllers receive an average of 43.900 EURO in smaller companies (under 101 employees), 54.900 EURO in medium-sized companies (101 to 1000 employees) and 64.600 EURO in large companies or groups with more than 1001 employees.
Even bigger is the gap between controllers with personnel responsibility and those without. A head of department, which can manage up to 15 people, can earn around 140.000 EURO, one with responsibility for up to three employees comes to over 86.000 EURO. Employees without personnel responsibilities and thus without a managerial position receive on average 56.600 EURO.
In the comparison of regions in Germany, Hessen is the best with an average salary of 74.500 EURO. Baden-Württemberg is second with 72.250 EURO, followed by Bavaria (70.500 EURO), Hamburg (69.100 EURO) and North Rhine-Westphalia (67.750 EURO). The three closing places include Saxony (50.300 EURO), Saxony-Anhalt (49.100 EURO) and Mecklenburg-Vorpommern (47.800 EURO).