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!
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** 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**

[@joshuapalabay-friendlyfina4644]

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

[@SD-gw5vm]

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

[@soniyasuvarna1503]

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

[@RamziItum]

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

[@straighttalks-ajsrmek323]

Happy to share my thoughts!

[@slavakolesov1107]

Nice job, AJ, go on.

[@ShalmaliAthalye]

Thank you!

[@allprolemontonz8448]

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

[@3ZOZ1KSA1BOY]

Then go conquer the world.

[@breadb4meat]

LITTTT

[@bigsmokesyd]

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

[@gregorybainathsah7284]

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

[@coffeedential]

Improve your English brother you will be needing it.

[@AnkitGupta-zs7mr]

Kya galat bola bro

[@MrOsha7]

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

[@straighttalks-ajsrmek323]

I'm sorry I don't know much about those different websites. Are they CFA training? Or like modeling classes?

[@MrOsha7]

@@straighttalks-ajsrmek323 theyre modeling classes

[@a1onso427]

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.

[@user-wz6sj3hq1q]

Can u share about financial modeling classs?

[@cianoconnor6081]

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.

[@straighttalks-ajsrmek323]

Shessssssssssh. Any data from the CFAI on this?

[@delgande]

Im 29 and will start college next year and I'll either major in economics or accounting, depending on whqt my local state schools offer Should I go straight for the CFA or do I need work experience before I try it?

[@shivanshmohan1663]

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!!

[@straighttalks-ajsrmek323]

Great idea. I will make a video about this.

[@shivanshmohan1663]

@@straighttalks-ajsrmek323 Thank you!! Much awaited

[@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.

[@straighttalks-ajsrmek323]

I can't say for sure since i didn't use his paid material. But I have heard good things about it.

[@randybrickson4290]

"hippie master class in leadership" [?!] 5:07

[@harrislopes5208]

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

[@mihael1251]

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

[@straighttalks-ajsrmek323]

I would believe it.

[@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

[@straighttalks-ajsrmek323]

I would say an MBA if you want to be a CFO

[@AmroTaha]

@@straighttalks-ajsrmek323 Thanks. Appreciate your time

[@user-wz6sj3hq1q]

Can CFA can be CFO?

[@woodin_cardinal-4863]

What are your thoughts on the CQF (Certificate in Quantitative Finance) vs the CFA.

[@straighttalks-ajsrmek323]

I don't know anything about the QCF, sorry.

[@HOID365]

If I want to do both, then to whom should the priority be given? And, In which company do You work? Thank you for the video sir,....

[@straighttalks-ajsrmek323]

The order really just depends on your career schedule. If you have a full time job now but maybe have time in the evenings, do CFA now. If you might have a break coming up in your career timeline, do MBA.

[@jackwilmer5940]

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?

[@straighttalks-ajsrmek323]

I wouldn't tell you to quit the job to study full time.

[@viktor519]

Hey AJ, how common is it for a person to pursue an MBA and/or CPA after completing the CFA?

[@straighttalks-ajsrmek323]

Fairly common. It can be a good idea for some.

[@virattandon7928]

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?)

[@straighttalks-ajsrmek323]

CFA is not that useful in investment banking. The MBA is not required unless you want to get into a managerial role later on.

[@619ry7]

Hi virat I'm following the same path

[@TheMedianGam3r]

The fact that there are many mbas available makes it not very valuable imo compared to the cfa that is the same all around the world.

[@DJ_Osiris]

Isn't CFA more useful for careers in investing? Like, I want to get into private equity or work at a mutual fund like my brother. I think he passed L1 but got his job straight out of his undergrad. I majored in business but worked in tech and want to pivot ..

[@straighttalks-ajsrmek323]

Yes it is!

[@Mikebuddy2229]

Will a CFA help a person get into the finance industry with very little finance experience (i.e. coming from a different career)?

[@straighttalks-ajsrmek323]

Yea it can definitely help.

[@timothybracken1728]

What do you do in the AM industry?

[@straighttalks-ajsrmek323]

Watch my day in the life videos!

[@stevejurgens9836]

Don't think leadership can be taught personally.

[@straighttalks-ajsrmek323]

I agree that not everyone has the personality to be a leader, but formal education cant hurt.

[@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?

[@straighttalks-ajsrmek323]

Why wait 4 years for CFA L2? And why do the MBA at all if things are going well?

[@ShalmaliAthalye]

I am thinking of doing mba(in operations)+ cfa . I am doing undergraduation in bfm( bach. In financial markets) . So it will be repetitive to do mba in finance. So is mba in operations a good option? I am not interested in HR and marketing.

[@Liverpoolaussie21]

Mba is useful with work experience. How much work experience do u have?

[@tarunkaul8184]

kzbin.info/www/bejne/aZzRo4qMbZqJl7M

[@straighttalks-ajsrmek323]

MBA can be helpful for operations if you are going to be working in ops, yes!

[@coffeedential]

Make sure you are in top b-school otherwise it will be waste of money