What is the best to get First CFA or MBA???
Which one is Plain than the other???
2006-09-17 02:12:06 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
I guess it depends on your objectives, CFA is basically technical training, whereas MBA is a more general training.
Both gives you an edge in the job market over non-holders, both depending on the nature of the job, one will be preferred over the other
The thing about an MBA is that its most beneficial after chalking up a few years of experience (3 - 6 years) as top MBA programs is basically a discussion ground where you interact with similar level peers on discussing the flaws of theory, and how to apply concepts into the real world. So you'd be handicapped with you lack work experience.
CFA: Advantages
- strong financial training useful in most snr management jobs
- helps in application for MBA programs
MBA: Advantages
- unless you specialise in a particular field (e.g. corporate finance, or HR mgmt), it is portable through various industries
- a good networking ground
- interactive learning
Hope it helps.
2006-09-17 19:41:17 · answer #1 · answered by hotchocolate 2 · 1⤊ 0⤋
An MBA from a top school will get you more job opportunities and a better salary than getting the CFA designation.
Getting the CFA designation will get you more job opportunitiea and a better salary than getting an MBA from someplace other than a top MBA program.
Any MBA is better if you want to go into a non-finance field of business.
2006-09-17 13:34:03 · answer #2 · answered by Ranto 7 · 0⤊ 0⤋
MBA's are much more widely recognized than a CFA. It'll translate directly into more salary after getting the degree. The CFA is more specialized for certain jobs.
So, if you're dead set on certain jobs that require a CFA, then check with those employers to see which they would like.
However, if you're not set on what you'll do after getting the degree, the MBA is not only more recognizable, but more transferrable as well across different professions.
Hope that helps!
2006-09-17 10:30:13 · answer #3 · answered by Yada Yada Yada 7 · 0⤊ 0⤋
It depends on what you want to go into. Portfolio managers and research analysts will be best served by the CFA designation since that is all that CFA Institute seeks to standardize.
An MBA (especially with an emphasis in finance) will help out much more with corporate finance and more general managerial activities.
2006-09-18 13:45:14 · answer #4 · answered by ajherden 3 · 0⤊ 0⤋