A lot of people are wondering whether they should seek a CFA in place of the more traditional MBA. In large part, the answer depends on your focus.
The Chartered Financial Analyst (CFA) designation has been enjoying a heightened profile and increased popularity in light of surging private equity activity. So far In 2007 – the program’s 44th year – 140,000 people from 156 countries have registered to sit for the three exams that determine, in part, whether one is permitted to tag those three letters at the end of their signature.
A lot of people are wondering whether they should seek a CFA in place of the more traditional MBA. Which will get them ahead? Which will make them more marketable? Which will attract a bigger compensation package?
Whether you should seek a CFA, an MBA, or both has everything to do you’re your professional goals, says Joshua Wimberley, a client partner in recruiter Korn/Ferry’s financial officers practice. Simply put, if your goals include anything but asset management, a CFA isn’t for you.
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