CFA or MBA in Finance which is better?

When it comes to choosing a specialized career in Finance, individuals tend to land on a beach head of doubts. The biggest debate keeps lingering around 2 gigantic names. CFA or MBA? A million dollar question indeed. As a matter of fact this choice of certification depends purely on an individual’s professional goals.

Taking a look at CFA Study Notes vs MBA – finance

CFA:

Chartered Financial analyst is the certification provided by CFA Institute. The exam is categorized in 3 levels, based on the level of difficulty of the exam. CFA in Middle Eastdegree is recognized worldwide by the investment banks and firms in financial services domain. Qualifying CFA can certainly help candidates seeking a career in finance and risk management. Students also go for CFA post MBA or while doing MBA. Passing all the 3 levels could take about 3 years, to appear for each level in each year. Preparation for the exam could be pretty rigorous and demanding if you are from non-finance background.

Questions should be included in the study notes and online question banks. You also want to pay attention to the volume of mock (practice) examinations provided. Ensure that online question banks are fully customisable, allowing you to design custom tests to work on those weak points.

Some providers only provide online classes, while others provide both online and physical classroom courses. You should consider how you want to study when choosing a provider, and find one that gives you options.

Select a provider that can give you at least four high quality practice exams, in addition the mocks provided by CFA Prep material Institute. The mock exam portion of your study is where you will develop a stronger recall of the syllabus and improve your test scores.

You also need Study CFA in Saudi Arabiaexposure to exam format question practice, especially at levels II and III, with items set and essay formats. You need to use these mock exams to develop your exam technique in the weeks leading up to the exam.

MBA-Finance:

Masters in Business Administration – Finance, where students are introduced to various areas of business like accounting, marketing, human resources, operations management, and majorly to Finance. The career path after MBA, depends on a lot of factors, including your area of interest, previous work experience and business acumen of specific domain. A lot of employers recruit MBA’s for team manager profile where the employee is expected to manage and take quick decisions in their domains. The basic types of MBA courses are typically full time (2 years), part time for evening and weekend batches. There are also Executive MBA’s which are specifically meant for more work experience people.

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