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 CFA or MBA ?, to go into investment banking

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hussain.isma
post May 21 2014, 07:50 PM

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QUOTE(ohemmgee @ May 21 2014, 06:48 PM)
Currently I am in my first year undergraduate majoring in IT and would like to go into investment banking for my career. I understand that investment banking accept all sort of majors but should I take up either CFA or MBA to score a better chance of going into IB ?

Should I take CFA Level 1 exam in my final year to have a higher chance of going into investment banking upon graduation ?
Or should I focus completely on my undergraduate studies (e.g. : CGPA & Co-curricular activities) ?
Or should I work for a few years upon graduation and then go for MBA after that ?

My main goal is to go into investment banking once I graduate but am afraid IT graduate would have a lower chance.

Thank you in advance for your advice.
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Hehe. Read this;
http://www.businessinsider.my/mba-vs-cfa-2013-4

Typically CFA more money than MBA, and got both more money than either one, but CFA is more specialized, so if no job then no job lo. Though MBA pay a little less, but wider option..

Also have to see you punya career sekarang.
Nak switch oath dari IT gi finance, better MBA. career switches easier with MBA.
http://www.lifeonthebuyside.com/mba-vs-cfa/

So, ideally, CFA + MBA for better salary. Read both the links.
Salary wise, CFA but so much tougher, lesser breadth for you to lari and not sure if IB reject you then CFA lesser options.
Option wise, MBA but slightly lesser pay. From the article, best advice if switching fields better MBA.

Extra fun read: http://www.forbes.com/sites/investopedia/2...fa-mba-or-both/
hussain.isma
post May 21 2014, 11:21 PM

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QUOTE(zheng88 @ May 21 2014, 11:15 PM)
Good advice, in fact nowadays higher qualifications don't count as much and what you say is right. Don't waste time on an MBA or CFA.
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Some wanna break into Wall Street ba.. laugh.gif

 

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