|Author||Topic: my question|
|Hi there, I'm a an undergraduate with a honours degree in Business administration and Management (Accounting and Finance options) I have been contemplating either moving for a masters program in Business or joining the CFA program. I have 3 questions here.
1- Do I qualify for this program and if so am I exempted from certain parts of the program by vartue of having my 1st degree?
2- Do you have to accomplish all the 3 levels to become a certified CFA? what is the minimum period it takes an average student to accomplish a single level?
3-I reside in Houston Texas, are there any colleges/institutions here that have CFA as a course for aspiring students like me?
With all that, I won't fail to thank you for that wonderful site. Its such an inspiration. I haven't read it fully though I guess it may answer some of my questions above. I'm looking forward to being a member in the program. Keep it up ladies and gentlemen.
1-if you have a BA, you can sign up for the program. You aren't
exempt from anything. You could have your Ph.D and you still wouldn't be exempt from anything.
2-yes, and you need to work for 3 years as well.
3-no idea, never been to Texas.
you say you are choosing between an MBA or a CFA? They are very
different. Some people will tell you they are the same, but they are NOT. Basically everyone in the CFA program will tell you they are comparable, and nobody in the MBA program will tell you they are comparable. You don't just do a CFA, you would work at the same
time. If not, you will have a lot of time on your hands. Personally, if you can afford it, there is no comparison between a CFA and an MBA from a good school in my opinion. An MBA is a formal
education, in a CLASSROOM, with professors, projects, exams, grades etc. The CFA program means writing a check, and a week later you
get a box of books dumped off at your front door, and then a few months later write a mother of an exam to test you. I don't think the CFA is a "program" but rather than just some exams. In terms of comparing it to going to school, picture the first day of class (going to the bookstore) and the last day of class (writing your exam) and there you have the CFA "program." A CFA is good to have, and often required, but I would go for a good MBA program any day
of the week, if you can pay for it.