pimpineasy

Key difference that I think will be more relevant in the future: an MBA requires no ethics or loyalty to anyone but yourself. Once you get your MBA, you are free to wreak havoc with your newfound crown and walk away when the dust settles. Witness Kyle Bass who bet against a lot of new MBAs on the MBS and made a ton of money. As a CFA, you can have your charter revoked, much as a doctor or lawyer. You mess up or screw your clients over, and you dont get to have that chance anymore. The SEC has proven to be about as impotent a regulatory body as there can be, so I think CFAI will play a bigger role in the future. And like that Harvard MBA ethics oath, NO ONE WOULD SIGN IT!