CFA vs MBA - Which Do You Need?

Both the CFA and MBA can be valuable designations. But you should decide which is best for your career goals. There are some key differences between the CFA and MBA that you should consider before making the decision. An MBA is great for management roles, while the CFA is more focused on investment decisions. Here are my thoughts on which is better in different situations.

If you have an idea of something you want me to cover in depth, please let me know because I take your requests seriously. Will be back with more CFA Exam tips in a couple of weeks so please submit more questions you would like to hear answered. Love you all!

*** The information in this video is not intended or implied to be a substitute for professional financial advice. All content, including text, graphics, images, and information, contained in this video is for general information purposes only and does not replace a consultation with your financial or tax professional***

[SD-gwvm]

You nailed it. As an MBA holder I couldn't agree more with you on the way MBAs and CFAs differ.

[joshuapalabay-friendlyfina]

Nice and detailed comparative perspective on both designations! Thank you, keep it up! 😁👍🏼

[aonso]

Currently in an mba program. You are 100% correct about the Kodak case. Had that in a strat. development class last semester. Worth a read for all who haven't heard of it.

[cianoconnor]

It’s much less than 12% of CFA L1 candidates that eventually get the charter. Many L1 candidates won’t sit the exam, the vast majority of L1 passes will not attempt L2, and a small number of L2 passes will not attempt L3. It’s closer to 2-3% of L1 candidates that eventually get the charter.

[allprolemontonz]

Agreed top 10 mba, then CFA, then CPA, then the rest of the mba programs.

[gregorybainathsah]

Good video; I hadn't considered the different aspects to an MBA, like leadership and/or marketing
I'm still happy I chose the CFA tho. I got accepted for a scholarship; I'll be starting my Lvl 1 exam in Mai

[RamziItum]

Thank you for this. Best video ive seen on this subject so far.

[soniyasuvarna]

Thank You for the video AJ, love you and love from India!

[mihael]

I have a friend, who did Top 2 MBA and CFA, and he told that CFA was far more difficult intellectually and mentally.

[bigsmokesyd]

Your thoughts on CFA vs MFin and a combination of both, please.

[MrOsha]

Hey AJ, I loved the video and I have been watching your videos for sometime now.

Could you do a video between Wall street prep vs Wall street oasis vs Breaking into wall street vs FMVA certificates

[BlksrBLKSR]

I have one of each and they really aren't comparable as they serve completely different purposes.

[harrislopes]

You are missing the critical point that for MBA there are entrance exam and only top people make there

[shivanshmohan]

Could you do a video on the Math topics that are widely used in CFA Charter exams or just give it out in the comments! That would be really helpful
Thanks!!

[zex]

yeah but if iam a career shifter from law field which degree to start with if iam aiming finance

[TheRealGazelle]

BBA Then CFA Level 1 Then 4 Years of Job Experience then CFA level 2 and 3 Then Say hello to corporate prosperity then after 5 Years of experience go for MBA

How is this strategy?

[AmroTaha]

Hi, asking for an advice, I am a CPA and I am planning to become a CFO, do you recommend CFA or MBA ? I love accounting and financial analysis BTW

[DaveySharp]

Would the Mark Meldrum subscription course for Level 1, Level 2, or Level 3 be enough material to use as study material to pass a specific exam? Would you use them as a substitute for say the "Kaplan" study material? They are a bit cheaper and he seems to be a respectable information bank for CFA studies.

[jackwilmer]

Passed CFA level 1, 1 year full time work experience as a customer service rep at a financial firm. Thinking of leaving job to study full time for level 2 and 3, is studying full time (for a year in this case) frowned upon?

[virattandon]

I am not quite interested in asset management. For investment banking or private equities, would CFA make sense?
Also, can you review my plan:
18-22 - Bcom and CFA L1
23-26 - Work experience, CFA L2 and CFA L3
27-29 - Full-time MBA (or is it even required?)