Did a lot of research on B-Schools this weekend. Montauk and Gmatclub.com are an endless supply of great information. I’m curious if there is anyone on here with a Top MBA and a CFA? Thinking about getting a Top 5 MBA and giving banking a shot after a stint in corp fin and receiving the CFA… How do the BB’s view the CFA? What other career paths do the CFA/MBA grads go to besides PM? thanks 4 sharing
After I watched this video, I was sure that I had to get an MBA: http://vimeo.com/3237836 btw b e a t the g m a t dot com is good too.
I’m a couple years away from that.
I would imagine that there are a lot of CFA/MBAs - If you take a look at the CFAI salary survey it indicates that nearly half of those in the study with the designation also have a masters-level degree or above. If you have your MBA and CFA you can do pretty much anything in finance, as long as you at lease of some useful experience which seems to be the case with you. If all goes as planned I will have both in about 18 months.
ACtually, I am applying for a final deadline at a top 10 (outside top 5) school right now, but that is a backup plan.
Any thoughts on Wharton vs. Columbia vs. Stern vs. Chicago Booth?
fxguy1234 Wrote: ------------------------------------------------------- > Any thoughts on > > Wharton vs. Columbia vs. Stern vs. Chicago Booth? I would prefer to go to 1 Wharton 2 Chicago 3 Columbia 4 Stern in that list of 4 but it depends on what you want to do after etc.
Does anyone have knowledge of or experience with CFA Partner MBA programs? I’m going to be attending UW-Madison’s MBA -Applied Security Analysis Program starting this fall, and was wondering if anyone had any insight as to the competitiveness of programs like this versus top 10s. I’m not sure if there are any other CFA Partner Programs that are comparable (median GMAT for the ASA Program is 700ish, whereas the GMAT average for all of UW’s MBAs is around 660…) Are there any other high quality CFA partner MBA programs? Does being a CFA Partner really add that much value?
LBS
eganalyst: I’m pretty familiar with the ASAP program. I’d be happy to talk if you post your email. I’d post mine, but both have my full name.
I’m getting an MBA at a top 5 MBA program currently and have the CFA charter. The CFA isn’t helpful for banking. Very very few IB candidates at my school have the CFA. If you want to do banking, then you should focus on the MBA. In your spare time during the MBA program you could consider doing the CFA…however, there is hardly anytime for it. Overall, I don’t recommend that you do the CFA unless you are doing investment management or research. If you go to a top 5 MBA program and want to get into banking, I strongly recommend that you not do the CFA. You are better off taking the CPA exams.
thanks markbot… Can I e-mail you another question offline?
I agree the CFA is mainly suitable for Investment management. This is why I went for the CFA first, which helped land an asset mgmt gig. I am now in Stern PT (company pays for most), which I think should also help. The higher-ups in my firm all have both and I think it helps as prospects will ask for bibilographies of the port managers. And, of course, HR knows this. Did it help me get into MBA? Perhaps…
Hey recent cornellgrad: Obviously, your firm values the EMBA (at least from STern). How do you exect the EMBA to assist your career progression? Were you to leave the firm later, do you expect that the EMBA will be valued as highly as a full time Stern MBA?
joe - I think the full time MBA has more value in the eyes of recruiters and other hiring managers but in recent cornellgrad’s case he might just need it to move up in his firm. Makes sense not to lose the career progression and to the part time. In the case of industry/career switcher (trying to get out of corp fin) a full time will have more value…
philip.platt Wrote: ------------------------------------------------------- > After I watched this video, I was sure that I had > to get an MBA: http://vimeo.com/3237836 > > > btw > b e a t the g m a t dot com is good too. as ENFJs, the MBA programs need us
Anyways, my preferences are: 1.) Columbia (my dream school, because of the Dr. Greenwald’s value investing classes) 2.) LBS (for the international exposure, and because I am familiar with London and have family there) 3.) INSEAD (so I can network with top dawgs from Mubadala and get a chance to go on an exchange to Singapore) Safer schools: 4.) University of Toronto finance program (Bay Street proximity, reputable finance program) 5.) University of Western Ontario (for the case study method, Dr. Athanassakos’ value investing class, in and out in one year ) 6.) University of New South Wales (because Sydney would rock)
Yeah, listen to markbot. I’d go step further and say the CFA isn’t particularly helpful for PE or VC as well. You know who loves the CFA – mutual funds! At least that’s what I’ve seen from the recruiting at my program.
Banks don’t “prefer” the CFA, but they do value it. I can name at least 5 Directors at my bank that have both.
Hi All, To add to FX’s point – I am taking the part-time Stern MBA. And yes, I feel a full-time MBA is more valuable overall. However, you must also leave you current position (losing experience if you have a solid position which I believe I have), sacrifice earnings, and pay out of your pocket (as opposed to employer paying for it in my case). I don’t see the same return in my circumstance given I am already in the industry I want to remain in and the CFA serves my industry quite well. By no means am I saying part-time is better than full time, but you must look at the big picture. Hope that helps.