All three are hard hit by the economic crisis.

MFEs are highly specialised, and I think the job market for quants is small even in Singapore.

MBAs are established degrees and have a wider range of possible career paths, but the job market is quite depressing. Might get better.

CFAs, well, you know how the financial is viewed nowadays. And sides, you can get the CFA even if you have an MBA or MFE.

cheers