Thursday, July 28, 2011

CFA, ACCA or Master in Finance


CFA, ACCA or Master in Finance ?
I almost finish my degree in finance, but I'm doubt what courses should i take after that. CFA, ACCA or master ?? please advise which 1 will provide better future, and should i study part-time or full time ? Thank You.
Higher Education (University +) - 1 Answers

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I am assuming you are doing bachelors in Finance. You know that if you want to do ACCA, you don't even need a bachelors degree. Just study for the exams and give the tests. ACCA is done in many countries which have highly british influence. So, is there a high demand for accountants. If there is then you should do ACCA, but it would take time and more hard work. The good thing about Accountants is that they can get a finance job quite easily, but finance people can't get accounting jobs. So, you have widened your market with an ACCA especially when you have a degree in Finance. CFA (certified financial analyst) is a good certification and you could earn more than being an ACCA, but it is risky. Finance people can easily get laid off in a recession, then what would you do. If you want a CFA, you should do ACCA and then get a CFA. ACCA may be equal to a masters degree so you don't have to worry about not getting a masters degree. Check with the country you live at.

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