CFA vs basic MBA.

I live and work in Europe. Here`s what I understand so far.
If you live in the US, the CFA is pretty well established and recognised so a good step forward. Besides, the US has very well developed capital markets so more opportunities I guess. Perhaps US forum mates would share an opinion btu I think it will be higher prized than a low-mid uni MBA.
If you live in Europe, definitely an MBA. Several of my former classmates work in large banks and they all say the same - on interviews (bank Directors are mostly from Western Europe) they`d take a candidate with a finance degree from a local university (they`re sub 1, 000 rank in the QS Global Rankings) anytime over a CFA. This indeed shook my motivation to pursue the CFA charter and I will probably go for a different education path. Besides, capital markets in continental Europe are not that much expanded as in the US and in the UK you have the CISI which my UK friends claim is preferred by employers.
 
Scanspeak wrote:
I live and work in Europe. Here`s what I understand so far.
If you live in the US, the CFA is pretty well established and recognised so a good step forward. Besides, the US has very well developed capital markets so more opportunities I guess. Perhaps US forum mates would share an opinion btu I think it will be higher prized than a low-mid uni MBA.
If you live in Europe, definitely an MBA. Several of my former classmates work in large banks and they all say the same - on interviews (bank Directors are mostly from Western Europe) they`d take a candidate with a finance degree from a local university (they`re sub 1, 000 rank in the QS Global Rankings) anytime over a CFA. This indeed shook my motivation to pursue the CFA charter and I will probably go for a different education path. Besides, capital markets in continental Europe are not that much expanded as in the US and in the UK you have the CISI which my UK friends claim is preferred by employers.
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From pure finance knowledge perspective, I’d say that CFA beats pretty much any MBA program. MBA programs’ focus is much broader than the CFA curriculum and its focus is not directly on finance knowledge. In my opinion, having a mediocre MBA or being a Chaterholder usually gets you an interview in Europe. After that, it depends on the position. From my own perspective, CFA (L3 candidate) has been way more helpful than my MBA. In the interviews I’ve been in, I’ve usually gotten a few pretty difficult questions relating to technical finance stuff (derivatives valuation, quant stuff), which I could not have not answered if I had not been in the CFA program.
 
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