CFA Vs MBA Salary

I have done my UG degree and I am little bit confused whether to do MBA course of CFA course. Will you please provide me difference between CFA Vs MBA course so that I can join and also difference between Salaries given in both the professional field?

[Shaleen]

An MBA and a CFA are not mutually exclusive, nor are they perfect substitutes for each other.

The CFA designation is given to those who pass three extraordinarily hard exams and who also have the prerequisite work experience.
The entire CFA program can cost less than $5,000 depending on the quantity of study materials acquired.

MBAs earn significantly more than non-MBAs, as much as 30-40% more.

To summarize, here are some brief guidelines to follow:

To make more money, get an MBA or become a CFA charterholder or both.
If you are already in the investment management business and want to move up - complete the CFA program.
If you are not in the investment management business and don't want to start as an entry-level analyst as a career switch - go back to b-school for an MBA, then do the CFA.

MBA Salary:

MBA Graduate Salaries by Profession:

Management Area Median Annual Salary
Natural sciences managers $116,840
Engineering managers $128,170
Computer and information systems managers $123,950
Financial managers $112,700
Marketing managers $123,220
Human resources managers $100,800

CFA Salary:

CFA certification is a globally acknowledged credential in finance. A CFA holder in the United States has the scope of earning more than $100,000 annually.

A newbie with a CFA earns an average of $47,000 – $52,000 annually.

An entry level CFA holder in India earns an average annual salary of Rs. 3 lakhs.