Should I go to B-school? Someone gave me some advice?

rachel.li52 Wrote: ------------------------------------------------------- > > OH OH, I KNOW. You need ethics lessons ~~~Can’t > believe ppl with such a moral standard can work in > finance…But don’t worry~ Not shame on you, > shame on the education system… Remember, this is the same education system you are contemplating entering.

CFAdummy Wrote: ------------------------------------------------------- > Yes, but if nobody believes in you or gives you a > position, then you won’t get anywhere. > CFAdummy, for some reason, i felt like u have a very negative tone. right, i don’t have many yrs of working experience. but one thing i do notice, that in this business, ppl wanna work with ppl with a positive attitude and capability…everyone wanna be with problem solvers, not trouble makers…

RIGWDL3 Wrote: ------------------------------------------------------- > rachel.li52 Wrote: > -------------------------------------------------- > ----- > > > > OH OH, I KNOW. You need ethics > lessons ~~~Can’t > > believe ppl with such a moral standard can work > in > > finance…But don’t worry~ Not shame on you, > > shame on the education system… > > > Remember, this is the same education system you > are contemplating entering. yes, but luckily enough, not everyone is like this. the education system is only responsible to teach u, but it is u who choose to learn or not. if u choose to be proud of ur poor ethics standard, be my guest. but i doubt a decent gentleman/lady would ever act like this ALL THE TIME…

There is a Rachel Li at MIT Sloan class of 2010. A quick google search also revealed that there is a good looking Rachel Li on Facebook. Rachel - the reason that people are hostile about business school is because this is a CFA forum, not an MBA forum. Most people here think the MBA is rather silly.

Hi Rachel, If you decide to move to China, are you planning on staying with the same Big 4 or switching jobs all together?

Danteshek Wrote: ------------------------------------------------------- > There is a Rachel Li at MIT Sloan class of 2010. > A quick google search also revealed that there is > a good looking Rachel Li on Facebook. > > Rachel - the reason that people are hostile about > business school is because this is a CFA forum, > not an MBA forum. Most people here think the MBA > is rather silly. CFA - Introvert MBA - Extrovert That’s my gross generalization for the day :wink:

TheAliMan Wrote: ------------------------------------------------------- > Danteshek Wrote: > -------------------------------------------------- > ----- > > There is a Rachel Li at MIT Sloan class of 2010. > > > A quick google search also revealed that there > is > > a good looking Rachel Li on Facebook. > > > > Rachel - the reason that people are hostile > about > > business school is because this is a CFA forum, > > not an MBA forum. Most people here think the > MBA > > is rather silly. > > > CFA - Introvert > MBA - Extrovert > > That’s my gross generalization for the day :wink: You know what, i never thought about it that way, but it makes sense.

TheAliMan Wrote: ------------------------------------------------------- > CFA - Introvert > MBA - Extrovert > > That’s my gross generalization for the day :wink: When applied to finance, CFA = substance MBA = style

I know there has been much discussion as to whether CFA will help to get in an MBA program. Anyone who has gone through the interview process and has a CFA, does it ever come up in the interview? are they impressed that you achieved it?

hausm49008 Wrote: ------------------------------------------------------- > I know there has been much discussion as to > whether CFA will help to get in an MBA program. > > Anyone who has gone through the interview process > and has a CFA, does it ever come up in the > interview? are they impressed that you achieved > it? Adcoms are so clueless. It’s unbelievable really. The sorry truth is that they care more about your gmat and grades from five years ago than anything you’ve done since.

Not to mock the discussion here, but I would say learn another language and just build up working experience (as long as you have a job not working more than 60-70 hours this should be very possible over time). Try to move up and get a position of management or at least strong supervision. Then down the road if you want to go to school it helps and/or moving somewhere else it can help too.

hausm49008, you know… when you already have the CFA charter, it means you have at least 4 full years of good investment-related experience to date. That easily puts you in a position to have a post-MBA level position by this point in time. Having this in mind, how could you justify paying 100-150k USD and wasting 2 years for something you already have (i.e. post-MBA level work in a good bank/fund/whatever)? It just doesn’t make sense. By the time you finish your MBA, you may already be a senior associate/VP, with a ton more experience (and much more money).

won’t u able to obtain CFA charter even with BO exp?

With a CA and CFA already, it is difficult to understand what more you feel an MBA will help you achieve in your finance / business career. The doors should already be open, but it sounds to me like you don’t know what door walk through. Some people seem to be addicted to collecting letters. I don’t know whether it’s a pride thing or a fear of leaving acadamia, but after your first 5 years of work experience, the letters all become irrelevant.

bhill020 Wrote: ------------------------------------------------------- > With a CA and CFA already, it is difficult to > understand what more you feel an MBA will help you > achieve in your finance / business career. The > doors should already be open, but it sounds to me > like you don’t know what door walk through. > > Some people seem to be addicted to collecting > letters. I don’t know whether it’s a pride thing > or a fear of leaving acadamia, but after your > first 5 years of work experience, the letters all > become irrelevant. Hi bhill020, I just noticed you are a CA as well, working in one of the Big 4 CF in Canada? No, I am not into collecting letters…cos I do believe working experience is more important. That’s why I don’t know if I want to do b-school YET. Yes, I know what I am doing WITHIN Canada…So I do not really appreicate your comment “but it sounds to me like you don’t know what door walk through”. If you have noticed, I want to go b-school becuase I want to switch to another geographic location. I was thinking of internal transfer as well, but this is less likely for my level (Normally those programs are more for managers, which you should know.)

TheAliMan Wrote: ------------------------------------------------------- > Danteshek Wrote: > -------------------------------------------------- > ----- > > There is a Rachel Li at MIT Sloan class of 2010. > > > A quick google search also revealed that there > is > > a good looking Rachel Li on Facebook. > > > > Rachel - the reason that people are hostile > about > > business school is because this is a CFA forum, > > not an MBA forum. Most people here think the > MBA > > is rather silly. > > > CFA - Introvert > MBA - Extrovert > > That’s my gross generalization for the day :wink: http://www.mhprofessional.com/product.php?isbn=007159129X&adkey=OctEml

Rachel Li? Didn’t this person post something recently about being stressed out from multiple-round interviews? Then, we told her not to use her real name on internet forums.

I don’t agree that if you just have the CFA / CA that that is necssarily all you ever need for a finance career. It depends on the role you are in and a lot of places, especially on the corporate side puts a greater emphasis on the MBA to move to more senior management roles. I agree that there is no substitute for experience, but to claim that any designation is irrelevant after five years is too much of a generalization. If I were hiring a manager with 10 years with a BA or someone with 7 or 8 years with a top MBA, I would probably choose the top MBA candidate because I know the school enacted a strict filter on this person in the first place during the application process. I would say if you were very sure about it and you have a clear idea of your career direction it would not be a bad idea, however, there is the risk in that even a a top MBA in this economy still not guarantee anything immediately afterward depending on how things play out. Judging from your responses, working for a few more years may be beneficial as many members have commented on. I felt like I was in a similar place a few years back but I gained greater clarity through my work experience in the industry.

Ah!!! This stuff has got to stop. I don’t want to hear about any of the following topics anymore: CFA v. MBA (NBA, NRA, FMA, CPA, FRM, CFP, CRM, CAIAA, etc) Fidelity - no one cares about Fidelity Your day trading results (or predictions for the US/Yen FX rate on Dec. 31, 2015) - again nobody cares Now that I’ve cleared this off my chest, I want to add constructively to the post (although I do believe many valid points were made). Rachel. -There are many topics dedicated to how adcoms perceive the CFA Charter. So please continue your excellent search function skills. -Don’t just go to b-school to party with your buddies -Most of the material covered in b-school is repetitive (so make sure you are paying for a top quality name) -Internet fighting does not display maturity -Most people in b-school can’t form proper sentences anyway. Conclusion…You are golden! I had to edit every single team paper this semester, including both native and non-native English speakers. It’s really pathetic… That’s all I can think of at the moment.

ValueAddict Wrote: ------------------------------------------------------- > Fidelity - no one cares about Fidelity RIP ValueAddict. Don’t answer your door if you see two men in sunglasses and dark suits ringing the bell.