Posted by: sahilbryan January 28, 2010
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JavaBeans,
I liked your response. Thank you for pointing that out. Yes, MBA and CFA program are different areas of study. If it helps to understand the rest of the folks this way, then consider this - an MBA educates you "broadly" in different areas of study, e.g. one class of Finance, one class of Marketing, one class of Management, etc. with additional classes in your major (i.e. if you are a Management major, then you end up taking several additional Management classes). The CFA program educates you "deeply" in the areas of study useful in Finance/Investment, which I don't think an MBA program does. For example, (with all due respect to these areas), you don't need to study Marketing, Management, Logistics, etc. for getting your CFA charter. But you may have to study this in your MBA program.
And like the way JavaBeans said, MBA is marketable in more industries than CFA is. I have come across some white folks here in the US who don't even know what CFA stands for, but if I tell them that I am pursing my MBA too, they react right away (Oh, so you're getting your MBA!).
By the way, I am doing my MBA in Finance. So, I can tell that MBA (Finance) is not the same as the CFA program although they overlap at several areas.
By the way, there is also a new group called "Nepalese Finance Professionals" in Facebook that you may consider joining. Hopefully, it will help to network with some folks who are genuinely pursuing a career in our field of interest.
I liked your response. Thank you for pointing that out. Yes, MBA and CFA program are different areas of study. If it helps to understand the rest of the folks this way, then consider this - an MBA educates you "broadly" in different areas of study, e.g. one class of Finance, one class of Marketing, one class of Management, etc. with additional classes in your major (i.e. if you are a Management major, then you end up taking several additional Management classes). The CFA program educates you "deeply" in the areas of study useful in Finance/Investment, which I don't think an MBA program does. For example, (with all due respect to these areas), you don't need to study Marketing, Management, Logistics, etc. for getting your CFA charter. But you may have to study this in your MBA program.
And like the way JavaBeans said, MBA is marketable in more industries than CFA is. I have come across some white folks here in the US who don't even know what CFA stands for, but if I tell them that I am pursing my MBA too, they react right away (Oh, so you're getting your MBA!).
By the way, I am doing my MBA in Finance. So, I can tell that MBA (Finance) is not the same as the CFA program although they overlap at several areas.
By the way, there is also a new group called "Nepalese Finance Professionals" in Facebook that you may consider joining. Hopefully, it will help to network with some folks who are genuinely pursuing a career in our field of interest.