For MBA in IT, doed CFA level 1 help?

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Dean Jones: Master | Next Rank: 500 Posts; Posts: 239; Joined: Thu Oct 28, 2010 8:40 amFollowed by: 2 members; Location: India; Thanked: 5 times; GMAT Score:690

by Dean Jones » Sun Nov 11, 2012 4:36 pm

Hi All,

For a candidate,having 8 yrs of IT expr, seeking to do an MBA in IT, does a CFA level 1 certificate or any other finance degree add to his chances of getting selected?

Please reply.

Thanks in advance.

Deano.

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Source: Beat The GMAT — GMAT Strategy | Sun Nov 11, 2012 4:36 pm

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Dan@VinciaPrep: Master | Next Rank: 500 Posts; Posts: 384; Joined: Sun Nov 01, 2009 9:54 amFollowed by: 13 members; Location: Paris; Thanked: 92 times

by Dan@VinciaPrep » Mon Nov 12, 2012 1:24 am

Hi Dean,
Generally, schools want to know two things when selecting MBA students: are you smart enough, and are you cool enough. Having passed the CFA level one helps a little with the are you smart enough question since the pass rate is only 35% or so, but I think most people only start talking about the CFA once they've passed two levels. This is partly because passing the CFA level 1 doesn't really make you "cool" . That is, there are a fair number of applicants that have passed the level 1 exam or have done equally or more difficult things so passing the level 1 CFA exam doesn't really make you that unique.

That said, when you say that you want to do an MBA in IT, do you plan on doing something that connects IT with finance? If so, stating that you've taking the CFA level one exam could help show that you're on your way to making this plan a reality.

Cheers
Dan

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Jason25: Junior | Next Rank: 30 Posts; Posts: 20; Joined: Fri Oct 05, 2012 3:58 amFollowed by: 1 member; Thanked: 3 times

by Jason25 » Sat Nov 17, 2012 9:34 pm

CFA level 1 and 2 don't probably help much in getting through a business school but they certainly help when you are looking for jobs/internships during MBA. Good insights by Daniel Heart.

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Dan@VinciaPrep: Master | Next Rank: 500 Posts; Posts: 384; Joined: Sun Nov 01, 2009 9:54 amFollowed by: 13 members; Location: Paris; Thanked: 92 times

by Dan@VinciaPrep » Sun Nov 25, 2012 3:52 am

Thanks

If my post helped you- let me know by pushing the thanks button

I'm a private tutor in Paris, I provide online and in person consulting for the GMAT and MBA application essays.
GMAT tutor paris
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