1. Why do you think there are so few female CFOs? Although many of the students who major in accounting and finance are women, they occupy less than 12 percent of CFO positions—

despite making up 17 to 23 percent of all employees. This discrepancy is a concern to companies that are trying to emphasize diversity in management. It could also have an impact on the bottom line. A McKinsey study suggests that companies perform better when a portion of leadership roles are occupied by women.