Investment bank in western countries prefer non economic major. This is because economic or finance major are everywhere. IT graduates will be much sought after due to their high problem solving skills and knowledge in IT.
But I strongly suggest you to break in to IB straight away after you graduate from university. Don't waste your time on postgraduate. NO ONE will hire postgraduate with zero working experience in investment banking field.
You could work as analyst in an investment bank for 1 to 2 years first. Then only study for MBA if you wanna move up the ladder to associate position OR exit to the buy-side career (I'd suggest this one).
You are so wrong. CFA cost more than MBA to study but its function is not as great as the MBA. After obtaining the MBA, your job scope will not be limited whereas CFA will only limit you in certain career that act as specialist.

That is Senior Analyst. Junior analyst is the bottom of the hierarchy of investment bank. So try searching them again. If they say looking for Junior investment bankers/banker. that also mean junior analyst.

I'm talking about ivy leagues. When you get CFA, you're only limited to your current career or maybe something that's related. But for sure it wouldn't make you jump to other different jobs. CFA specialises in a certain field dude, don't ya understand? An employer would rather hire a MBA than a CFA, true story.
And yes, no one will will recruit fresh postgraduates. If you think investment bank will hire fresh postgraduates, than either the investment bank is new/lack of employees or you're being plain lucky.

This post has been edited by Y.J.S: May 22 2014, 06:53 AM