CFA vs MBA??

The top tier MBA programs include much of the CFA Level I and II materials in their investment classes and prepare you to take the exams while in grad school. Several of my classmates took and passed both levels during their MBA stints. I wish that I would have known this and followed along. I'm sure it is also easier to study for and take the exams while you are in the "academic mode" as well. I also recall that the textbooks noted and marked each end-of-chapter-question that was also a CFA exam question and told you what level it was from.

I have also seen the curriculum at non-top 20 schools (ok, two of them), and while the textbooks may be the same, the classes themselves will NOT prepare you for the exam.

That is all.

BigMike
 
A top MBA opens more doors, but the moment you start trading for yourself it's irrelevant...

A CFA has got more financial content, but unless you are trading fundamentals its pretty much irrelevant...
 
When I graduate in Spring 2005 I will have a BS and MS in Accounting. My original plan was to apply for a MBA school in the city (NY). However, since I will have problems financing such a degree, I changed my plan to, instead, go for the CFA and maybe work as a trainee meanwhile. My question is: If I already have a Master, is it really worth going for a MBA as well?
 
Quote from LoosenUp:

Anybody knows the percentage of CFA charterholders that passed all three exams in the minimum 3 years, without failing?
More...

On average, candidates who complete their CFA have sat for ~4.5 exams. Yes, on average earning a CFA takes longer than an MBA. That is, assuming you finish!

I sat for five. Sometimes it takes that long when you are working twelve hour days. No regrets.
 
Quote from braye:

If you think the CFA is an easy cram test, come on in, the water's fine.....

IF...................................................

You continue to work your current job, (you can't currently be an analyst or have gone through an IB analyst program), you must be employed

Have a family

Take the Level 1 in June. 04
Take the Level 2 in June '05
Take the Level 3 in June '06

I've got $10 bucks says you can't do it. You will not pass the Level 3 by June of 2006. (And the Level 2 is now all multiple choice)
Any takers? There is money to be made here.
If you're really serious and can prove the above, I might raise it to $100
More...

You should have at least given them an option that was feasible.

Take Level 1 in December 2004
Take Level 2 in June 2005
Take Level 3 in June 2006
:)
 
Does anybody recommend the LIFA designation instead of CFA.
LIFA is offered by International Research Association in MA. They have the same curriculum as the CFA. I am in an IT profession with an MBA looking to get into a Finance/IT combination career. I have passed the CFA level I but since I heard of the LIFA I am inclined to take this, since you don't have to retake the entire exams if you fail any particular subject, just that one. Would this help me to get in. Does it have industry recognition. Any recommendations? Thx
 
Quote from BlueHorseshoe:

On average, candidates who complete their CFA have sat for ~4.5 exams. Yes, on average earning a CFA takes longer than an MBA. That is, assuming you finish!

I sat for five. Sometimes it takes that long when you are working twelve hour days. No regrets.
More...

Just curious - where did you get stat of 4.5 times?

Also, as a CFA charterholder, the sixth hour of level 2 or 3 was far more challenging than any test during my MBA. Also, I am not aware of an MBA program that tests on an annual cumulative level.
 
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