As a CFA Charertholder, I have my own biases, but this article from Business Insider comparing and MBA and CFA Charter was interesting.
There comes a time in a Wall Streeter’s life when he or she must make a decision about how to advance their career.
For many that means deciding whether to head to Business School for a Masters in Business Administration, or to take the Certified Financial Analyst exams — the CFA.
These are two completely different ways of skinning a cat, and there are pros and cons to each.
People get MBA’s in specific fields — finance, operations, etc. — but they tend to come out of school with broad-based knowledge and a wider variety of opportunities open to them.
A CFA certification is more niche. CFA chart holders are investment professionals, and the skills they pick up are super analytical. They tend to stay on Wall Street and head to a hedge fund, private equity firm, or bulge bracket bank.
A full time MBA program generally consists of two expensive years surrounded by one’s peers studying various aspects of business from management, to operations, and finance.
The CFA, on the other hand, is a gruelling, individual journey. There are three levels, and it can take years to get through all of them.
You’ll have to decide what matters to you.
The rest here
There comes a time in a Wall Streeter’s life when he or she must make a decision about how to advance their career.
For many that means deciding whether to head to Business School for a Masters in Business Administration, or to take the Certified Financial Analyst exams — the CFA.
These are two completely different ways of skinning a cat, and there are pros and cons to each.
People get MBA’s in specific fields — finance, operations, etc. — but they tend to come out of school with broad-based knowledge and a wider variety of opportunities open to them.
A CFA certification is more niche. CFA chart holders are investment professionals, and the skills they pick up are super analytical. They tend to stay on Wall Street and head to a hedge fund, private equity firm, or bulge bracket bank.
A full time MBA program generally consists of two expensive years surrounded by one’s peers studying various aspects of business from management, to operations, and finance.
The CFA, on the other hand, is a gruelling, individual journey. There are three levels, and it can take years to get through all of them.
You’ll have to decide what matters to you.
The rest here
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