Difference between an MBA & CFA
MBA (Masters of Business Administration) and CFA (Chartered Financial Analyst) are often confused with each other and aspiring students face a dilemma as to which is the best for their future career.
This article will give some basic difference between these two programs and what they offer as contents.
The Master of Business Administration (MBA) is a master's degree in business administration (management). The MBA degree originated in the United States in the early 20th century when the country industrialised and companies sought scientific approaches to management.
The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources, and operations in a manner most relevant to management analysis and strategy.
Along with such an array of applied business courses, MBA also involves hands-on courses, presentations and other practical activities.
An MBA is the traditional route into investment banking, but its lack of technical training often leaves new recruits lagging behind others in the organisation.