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rni
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***OFFICIAL*** CFA Level 1 Thread 13 Jun 2012, 10:40
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gmatsaga
Hi guys would like to ask what type of jobs are you in? Is the CFA really needed in it?

I heard CFA is essential in investment and research. However, in the realm of investment banking, MBA is still the gold standard.

Hope to hear your take on this.

Regards,
Dave
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CFA charter is very useful in equity research and portfolio management and many a times is a pre requisite . The CFA curriculum covers a broad range of subject matter and can help a lot if someone wants to learn. However, if someone wants to get in IB then an MBA degree is better suited.
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gmatsaga
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***OFFICIAL*** CFA Level 1 Thread 13 Jun 2012, 17:49
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rni
gmatsaga
Hi guys would like to ask what type of jobs are you in? Is the CFA really needed in it?

I heard CFA is essential in investment and research. However, in the realm of investment banking, MBA is still the gold standard.

Hope to hear your take on this.

Regards,
Dave

CFA charter is very useful in equity research and portfolio management and many a times is a pre requisite . The CFA curriculum covers a broad range of subject matter and can help a lot if someone wants to learn. However, if someone wants to get in IB then an MBA degree is better suited.
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I wonder why an MBA degree is better suited in IB. Is it because of strategy?

Also, how about private equity and hedge fund?
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rni
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***OFFICIAL*** CFA Level 1 Thread 15 Jun 2012, 10:45
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gmatsaga


I wonder why an MBA degree is better suited in IB. Is it because of strategy?

Also, how about private equity and hedge fund?
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alums,strong network and b-school's placement services can give a strong launch pad for IB ,PE , Hedge funds

CFA curriculum is focussed more on portfolio management..so couldn't add much value for IB, PE
Lots of people are also taking the CAIA exam ..helpful for alternative investments...

but I think that nothing better than an MBA degree to get the break
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***OFFICIAL*** CFA Level 1 Thread 24 Jun 2012, 15:22
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I am wondering why are you comparing which is more suitable - MBA or CFA. One is perfectly able to do both. It is perfectly achievable to complete the CFA before going for an MBA. CFA teaches you the theory, the principles , while an MBA is designed to build on you leadership development and character.
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***OFFICIAL*** CFA Level 1 Thread 24 Jun 2012, 20:13
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Ivan91
I am wondering why are you comparing which is more suitable - MBA or CFA. One is perfectly able to do both. It is perfectly achievable to complete the CFA before going for an MBA. CFA teaches you the theory, the principles , while an MBA is designed to build on you leadership development and character.
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CFA is more suited if you're (planning to be) in investment management.

However, if you're (planning to be) in investment banking, MBA is more suited for you.

The point of argument is not only in terms of the curriculum (MBA versus CFA) but also on return on investment and return on time. CFA takes 4 years to have while an MBA takes two years (full time)
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***OFFICIAL*** CFA Level 1 Thread 24 Jul 2012, 20:23
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Ivan91
I am wondering why are you comparing which is more suitable - MBA or CFA. One is perfectly able to do both. It is perfectly achievable to complete the CFA before going for an MBA. CFA teaches you the theory, the principles , while an MBA is designed to build on you leadership development and character.


CFA is more suited if you're (planning to be) in investment management.

However, if you're (planning to be) in investment banking, MBA is more suited for you.

The point of argument is not only in terms of the curriculum (MBA versus CFA) but also on return on investment and return on time. CFA takes 4 years to have while an MBA takes two years (full time)
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at least four years. CFA level 1 results just came out and it wasn't so grim for me :( looks like i'll be sitting for it again this december :(
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***OFFICIAL*** CFA Level 1 Thread 30 Jul 2012, 08:32
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vwjetty
gmatsaga
Ivan91
I am wondering why are you comparing which is more suitable - MBA or CFA. One is perfectly able to do both. It is perfectly achievable to complete the CFA before going for an MBA. CFA teaches you the theory, the principles , while an MBA is designed to build on you leadership development and character.


CFA is more suited if you're (planning to be) in investment management.

However, if you're (planning to be) in investment banking, MBA is more suited for you.

The point of argument is not only in terms of the curriculum (MBA versus CFA) but also on return on investment and return on time. CFA takes 4 years to have while an MBA takes two years (full time)

at least four years. CFA level 1 results just came out and it wasn't so grim for me :( looks like i'll be sitting for it again this december :(
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Sorry to hear. Good luck.
P.S
How did you manage to improve your GMAT quant score so drastically ?
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