The CFA vs. MBA debate has been going on since very long. Of the two, it has always been little difficult to select one, as both have their advantages and disadvantages.
To determine the true value of each program one must be thorough with the standards and guidelines of each of the programs, as it will help in deciding which suits their career demands well and what kind of employer base they are going to target when they will be working for an organization. Also, the curriculum of each of the programs must be considered with great concern so that it can be understood as to which program’s study course is better in theoretical as well as practical terms.
With CFA, an approach more centered towards finance and investment, the candidate will be sure to deal with finance and investment organizations. CFA’s self-study program offers learning and working simultaneously. That means, through the CFA program the candidate is gaining knowledge and experience at the same time.
The MBA, unlike CFA, teaches students a wide range of other non-financial subjects such as business management, marketing, organizational behavior, human resource management and strategic management. This means the student will have knowledge of other topics apart from financial topics. With MBA, one can choose to self-study, do research, coursework or go for classes.
Recently, many institutions are offering CFA courses with their MBA program. This mixture of the two most sought after programs have the ability to give better returns as compared to each program individually. This certainly eliminates the debate of CFA vs. MBA.