Business schools can heave a sigh of relief. Apparently undergraduates still aspire to doing an MBA above other similar qualifications
A recent poll on WikiJob.co.uk found that 39% of students and graduates preferred to gain an MBA over an ACA or CFA. The results were close however, with 35% saying they would prefer an ACA and 26% a CFA.
Certainly, graduates are divided over the usefulness of an MBA, however a large number may feel it is still a golden ticket into employment. With so many universities and business schools offering MBAs, the quality of the establishment is obviously a factor.
Another factor is that an MBA course is one year, whereas ACA and CFA are three or four years, and require substantially more commitment.
Whatever the reason, one thing is clear. MBAs are more popular amongst graduates than ever.
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Reference: http://www.independence.edu/business/masters
Susan cooke
An MBA is such a sought after qualification because of the value it brings to practically every single sector of the corporate world. During the course of acquiring an MBA, students become acquainted with the fields of corporate management, policies, market trends, finance, corporate strategy, business models, etc. With such a comprehensive and extensive width of knowledge, MBA students are not limited to a particular niche when seeking employment. Another benefit is that students can tend to other responsibilities and priorities such as work and family while pursuing a Master of Business Administration degree from a well acclaimed and accredited distance learning institution of education. When compared to a CFA, which is limited to the finance sector and an ACA which is specifically for Chartered Accountants, an MBA opens numerous avenues and opportunities, and allows you to find the career sector which fits you best.
Susan cooke
I'm not convinced at all because CFA is far better than MBA even though I'm an MBA.
Ammar Ahmed
that does surprise me, the CFA is very highly regarded amongst my circle of friends in London
Sian Fleming-Jones
Good news! :)
Interesting to see CFA only got 26%, why do you think that is?
Marwa Dajani