CFA is a highly specialized qualification. But in these days of recession, aspirants need to read the captioned Bloomberg report. It suggests however that if one desires to occupy the top position in a bank, an MBA serves better. Notwithstanding that the CFA examinations are much, much tougher. ( It is reported that only 44 % of the CFA aspirants passed the first level of the qualifying examinations).
Is it that a little knowledge at many things is better than deep knowledge in banking? A generic management, marketing knowledge is better than an in depth investment banking . To be the CEO ?
Does this follow from the fall of the banks in Great Recession ?
Views expressed here are without any risk or responsibility.
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