CFA or FRM?

Expert replies

avik2312: Newbie | Next Rank: 10 Posts; Posts: 5; Joined: Tue Aug 14, 2012 6:38 amFollowed by: 1 member; Location: India; GMAT Score:760

by avik2312 » Sun May 05, 2013 8:56 am

Hi All,

I am a working professional with 3.5 years of work experience and shall be applying to the various business schools next year. Having already completed the CAIA certification, I wish to further enhance my knowledge in the world of finance and therefore want to know which certification between CFA and FRM would be more appropriate?

This is considering I shall be able to complete my FRM next year by the time I will be applying and shall only have taken the CFA level 2 within the same time window. Do schools prefer a completed certification course of the quality of the course that the candidate has subscribed to?

Source: Beat The GMAT — The Application Process | Sun May 05, 2013 8:56 am

Jim@StratusPrep: MBA Admissions Consultant; Posts: 2278; Joined: Fri Nov 11, 2011 7:51 amFollowed by: 266 members; Location: New York; Thanked: 660 times; GMAT Score:770

by Jim@StratusPrep » Mon May 06, 2013 6:12 am

This really depends on what you want to do post Bschool. Pick the program that is most inline with your post MBA plans...

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avik2312: Newbie | Next Rank: 10 Posts; Posts: 5; Joined: Tue Aug 14, 2012 6:38 amFollowed by: 1 member; Location: India; GMAT Score:760

by avik2312 » Mon May 06, 2013 9:03 pm

Hi Jim,

Thank you for your response. I am currently an investment banker who wishes to continue in this line post-graduation.
FRM is valid(to a certain extent) in investment banking.

Next year, around June 2014, I would've completed my FRM exam. Within this same window, I would've taken the CFA Level II exam. I therefore wanted to know if a completed certification course has a greater impact to the application or is truly based on the relevancy of the course to my current and long-term goals.

Regards.

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